posible eth bouncing on support 2 if eth bounce on s2 it would be a good time to stop loss 50 fiboline
Btc-trend
The fall area ! The last stage! !Because of the high volume of sales, this is the last peak we will see
After that, sales will go up
We believe that we can not go any further than this
Here is the end
The last stage!
BTC Vs USD
Stay tuned for more posts
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SALT/BTC - quick easy analysisSALT is currently very near red resistence line. Im watching, if SALT will breaks this line and continue uptrend.
Or make reversal & with probability falls lower . I guess,very close to green support line.
In these case, difference between good and bad buy mightn be easy about 15-20% : )
But nobody knows future and we will see, maybe by few hours verdict :)
STOCH/RSI shows market OVERBUY = potential downtrend.
Clever is wait : ) Especially if you are new in crypto, exactly like me.
This was my beginner easy-quick education.
* For educational purpose only.
The Trend: EP1 -- BTC Prepares to moveWelcome to my new "series" I'm calling this The Trend .
I intend to make a video a day for this series helping our traders keep up with the current state of crypto, and what we need to be prepared for that day. If you like the idea of this channel, please leave me a comment to let me know!
I intend on having a second series as well -- which will be geared towards helping traders learn indicators and basics of the market. This series will be called The Support Line so keep an eye out for it and let me know how you feel about that production when it hits the block!
If this is a stupid idea - let me know what I can do that would be better.
But most importantly just leave a comment!!
How about them new colors!?!?!
Do not get caught up in the hypeBitcoin is still correcting from its huge speculative growth, use simple TA such as fib as that is what most un-educated crypto traders are doing. Be cautious, I do not believe this bear trend is over.
Litecoin still HIGHLY undervalued EDUCATION: What is a Falling Wedge ? We can observe a bullish pattern here, a Falling Wedge, that begins wide at the top and contracts as prices move lower. The price action forms a cone that slopes down as the reaction highs and reactions lows converge. Each high is lower than the previous high, and each low is lower than the previous low.
We need the price to break the upper resistance line to get a buy signal, which could be seen soon as the RSI broke the resistance, but we have to wait for a breakout and can’t make any speculation - very important . If it occurs, just watch the next resistance which is the previous uptrend line (red dotted line on the chart) that formed in november / early december. Once it breaks that, it’s going bananas.
If it doesn’t occur, we’ll stay inside of this Falling Wedge (bullish pattern in case you’ve already forgotten) and eventually bounce off the main uptrend, which nicely coincide with the end of the pattern.
We can see also see others bullish signs in this chart:
1. The price formed a double bottom
2. It did it on a very important support line: the 0.786 Fibonacci line
3. And finally if you zoom in, and take a look at the 4h chart… You can see it performed a nice bullish divergence.
EDUCATION : What is a bullish divergence ? As shown below, it occurs when prices reach a new low, but an oscillator (The RSI in this case) reaches a higher bottom than it reached during its previous decline. This kind of divergence is often the best signal of an impending sharp rally.
I’ll close this idea saying that I’m bullish on Litecoin not only based on the technical analysis I just showed you, but mainly based on the fundamental analysi s: it’s a very good payment option, fast, with low fees, and way more convenient that Bitcoin (not difficult I agree). In more, there’s a lot of positive news with Litecoin, with the release of Litepay, futur atomic swap with Bitcoin in 2018, network continually growing, more and more commerçants accepting it, etc etc etc.
I believe it is still very undervalued, and will not be surprised to see a huge rally this year, with more adoption from the mass.
And finally, why couldn’t I contradict myself and end with some speculation to spice up even more things… Could Starbucks starts accepting Litecoin? theusacommerce.com
BTC POTENTIAL BUY ZONE 200 DAY MABTC is approaching its main trend line which has acted as a support and resistance in the past. Along side this we are also approaching the 200 day moving average which is a key support level to hold.
We have support in the range between 8500-7500 USD value which could potentially along with the other two support's mentioned above give us a nice point to make an entry and a nice point to make a trend reversal for 2018
Lets watch this space.. :)
XVG Gann Fan + Trend Analysis (SHORT)XVG has been heavily overbought in recent past.
I believe if we break certain supporting trend lines, we could see a significant drop-off.
I would wait until we see CLEAR indications of a trend reversal before we take any positions.
Trade cautiously!
USDJPY H1 Sell the Breakoutalmost retesting is done and now time to short.
If you find this analysis useful then like and comment ;)
BTC Trend ChannelBTC entered the channel then bounced. 0.382 Fib line and center of channel is 10.000 BTC. More down?
Sine wave and Previous Double Bottom pattern in VTC/BTC Well , according to the past data of VTC/BTC there is some regular double bottom pattern and the sine wave is currently in a resisting zone. Once it crosses I guess it will follow new pattern.
