Multi fiat charts against BTC - EURO, USD, GBP & JPYSome positive action from Bitcoin rasies the market spirit and some of the alts too
here is BTC in four of the main trading pairs with fiat
been a nice day for scalping, golden crosses about to form
CoP indy moves bull mode and 7,500 area would be next bull target
looking positive to move up more, will be a slight pullback i expect but nothing to harsh if it does then we will change sides, ez :)
Btfd!
Gold in the bearpit & DXY booming towards 2017 highs? [BTFD]So as the USdollar/DXY index has been pushing towards the highs of late 2017, obviously Gold will start to drop as its in direct correlation with each other,
DXY up = Gold down and visa versa
So what a lot of traders are hoping for is a decent reversal which could bring some nice gains on Gold
We have some important levels to stay above for the DXY to remain bullish and work towards 97 and beyond, if it comes down sharply over the next week and fails to get above 94/95 it will be a fake out and a good time to get into gold longs, however if it keeps up the pressure and strength it could push towards 100 and with current climate conditions with Trump hammering some home runs for the USDollar recently
a few key levels of support shown, gold looking very bearish andf we could see 1121 next with gold prices and a few important trendlines could come into play, lets see if we can get it right :)
Gold usually comes into a bullish seasonality this time of year towards the new one, but with current DXY strength, i guess people who buy physical gold at religious festivals will have a cheaper ride :)
also if the USD is booming, then it makes sense to short EUR/USD too, maybe talks of parity once again?
this week is shaping up to be a quieter affair volume wise
never-the-less have a powerful week traders!
Crude Oil Chart for week starting 20th August 2018 [BTFD]As we inspect oil prices after last weeks strong USD forcing Oil to come down in price as well as some news effecting this too.
gotta few key levels after using a fresh Fibonacci retracement on the previously formed lows from last week
for the bulls we really want to see Oil come up and close above $68.6 with support from the 0.386fib level, this could push up if the DXY/USD starts showing weakness after its recent rise and targeting $73+ as an exit price, we see a trendline possibly stopping any further increases
on the bears side, i feel the price needs to fake out on going above the fib levels and showing clear resistance on price, if it falls under $67 and cannot get up over these levels then its possible especially with a strong US dollar forcing oils price downwards breaking the trend lines to possible bottoms of $58-$56 to eye up targets on a short position....
any Q's please contact BTFD group in Telegram below
Bullish Bitcoin signs on the Monthly Chart Aug2018 [BTFD]Just taking a peek at the monthly look of things with BTC/USD
We can see clearly on the monthly chart bitcoin is in fact bullish
Our Blue 21EMA has NOT been broken and has seemingly bounced 3 months running from this support level
so good things for bitcoin? if bitcoin can stay ABOVE this 21EMA level we can feel more bullish on our predictions BUT its not out of the woods yet, need a strong push above 6800 and then momentum towards higher support levels in the coming weeks as August comes to an end and a new candle will be here
If this months candle does CLOSE under the 21EMA then i think we would be in a bear market on all time frames and could make for possible lower lows for bitcoin in 2018...
...so will August be the month to break or make bitcoin?
....whats in store for september?
.....will gains be made in coming months towards 20k again?
find out by joining our telegram channel below and signing up to our website
Aragon [ANT] Dual chart BTC & USD [BTFD]Aragon is a decentralized app (dApp) on the Ethereum blockchain that allows anyone to create and manage a decentralized organization. The Aragon project is open source and led by the Aragon Foundation. It also includes a token, ANT, that grants voting rights to make decisions about the direction of future development. Eventually, Aragon hopes to be a fully decentralized autonomous organization and dApp that’s a neutral jurisdiction for anyone to create an organization on the blockchain.
.....refreshing the chart for Aragon for 2018
last year we successfully got the Aragon dip bang on and got some great profits from this project
looking at both daily chart we can see clear floors at $0.733 against the USD and 0.00009400 against bitcoin
aggressive dip buyers can feel free to enter anytime if they so choose, or can wait for further lower levels
for more conservative traders look for following conditions for profits rather than hodl....
1.break above trendlines and upwards outside of the triangle
2.golden cross on BOTH charts
3.fibonacci support on ANT/BTC over 0.236 level
looking at the 0.382 level for the first target and then use further fib levels if we go higher, expect the usual bounces along the way
for news updates on the project
twitter.com
www.youtube.com
blog.aragon.one
personally, i hold a very small amount of Aragon due to it showing some strength in the last few weeks
DISCLAIMER: In no way i am suggesting to advising to buy this or any other financial instrument.
Bitcoin's inverse cup and handle possibility [BTFD]with some solid buys currently we might be forming a handle here for the inverse cup and handle pattern to form
lower red trend line is target if it breaks the purple neckline after a rebound from fib levels at 6800 supply zone down towards 5800-5600 being the final destination
after the buys/bids at NY open taking bitcoin up over 6400 we need to see good momentum in volume to break 6800 and get above 7k before any bull ideas again
will be shorting at 6800/700 area if it fails to get above 6900/6800
Another make or break week for Bitcoin 9th Aug 2018 [BTFD]Looking at our daily bar chart here
currently in a massive demand zone and if bitcoin cannot get above 6500 then were likely to see a breakdown of 6k down towards 5800-5600 area at first, creating another ATL for 2018 is quite probable with current market conditions
Of course this could all change with some large bids, the scarcity of bitcoin is making these markets very fun to watch and play, Bitmex recently broke records, p [eople are leveraging like crazy, mixed with record high shorts, so expect lots of squeezes both ways over next few days, might wanna use a lil more space on S/L's just incase
IF we can move above 6800 a test on 7k would be crucial and would need large momentum (which we have seen in nearly every bear dip with bitcoin over the years, do NOT rule this out!)
Will look at catching the bottom once we find the bottom, i still hold by my $4k predictions from last year :P
feedback and comments welcomed, plz check my other charts for Bitcoin against the GBP & Euro below
BTS weekly....Bitshares BTFD! As long as Bitcoin price dont go crazy we could see BTS climb to 2700+ sats in next weeks..
support at the 0.236 fib level and gann fan
for a better bull confirmation we wait for the COP to turn grey and move up into the green and a gold cross on the MA
big tings for BTS
Multi Fiat Bitcoin charts GBP, USD, JPY & EURO 6th Aug.18 [BTFD]For the week starting 6th August 2018
Quick overlook of the main crypto fiat pairs (minus KRW)
All charts seem to be showing a clear market bottom with the CM Williams Vix Fix giving the green lights, showing market bottoms/reversals
price action on both USD and JPY pair have caused the COP indy to go move into bearish sentiment where its still has not moved down on the other two...
the MA cross is looking to form either a golden or death cross, giving us more idea of sentiment for the coming days/weeks
its pretty make and break for bitcoin again this week, some lows of USS$5600 are possible with very strong support, on the upside if we can stay above 6600 support we can start looking towards previous weeks highs of 8200-8500 (USD) - the levels should be easy to convert if your using a different fiat pair
have a powerful week and any questions please leave in comments below
Coinbase accepts fast £GBP deposits [FPS] for Bitcoin...Some progression in the UK at last for buying cryptocoins...
the best site to buy crypto in the UK was cryptomate.co.uk (still has WAY more than ANY other!)
now Coinbase has opened up the Faster Payments System with the UK banks so you can now instafund your Coinbase account with very little waiting time!
ETC will be added on the 7th August
you can sign upto coinbase here: goo.gl (fee free trading and withdraws)
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BTC/GBP:
Going to see some more volume on this pair in August and beyond
Charting this so UK buyers can get an idea of levels are targets while the US dollar controls the price still
Seems like we had a Golden Cross form on the 22nd July and the COP moved up into the Bull area a week before that and it produced positive moves towards the last high of £6475, selling pressure has forced it down to the very strong support of the 0.618 fib level just shy of 5600
If this fib support holds then we can see retests of the last high and most likely with current market conditions to fake out and rebound back down to the last 2018 major lows of £4100-£4400, if the fib level breaks we can consider these targets without going to test the last highs
good trades to all, come join us in our chat or leave questions in comments below....
Ethereum Classic 24hrs before the Coinbase listing [BTFD] So big moves on ETC today regardless of BTC price
listing on robin hood exchange today and tomorrow is the coinbase listing
we can see already ETC coming up to fib levels and might need to scroll out for bigger picture
be happy if we get to $26 and above but obviously it could dump after the coinbase listing so keep good stops just incase!
Bitcoins possible Cup & Handle toward a $10k target BTC [BTFD]a clear Cup & Handle formation going on here
green line is the neck line and we may already be in the formation of the handle, which comes down a bit before spring boarding back up and over last weeks highs and onto $10k
previous resistance trend line (red) now becomes and acts as support, possible we pull back slightly more coming into the trading week
if prices fall below 7780 then pattern is invalid and so will any bullish ideas for the meantime
all in all its looking positive for the bulls BUT still not out of bear country yet!!!!
might get some resistance at 9k and 9.2k (fibs)
if you have questions please feel free in comments below
would like to know if your bullish or bearish if you can leave a quick comment below.....
thanks for watching :)
Ethereum Classic Dual Chart Bitcoin & USD [BTFD]looking here at longer term targets for ETC
we all know why its pulling weight with a pending coinbase listing and renewed interest in the project
still not out of Coldharbour lane yet tho, so much depending on bitcoin as per usual :P
ETH on the other hand might be looking to go short the down trend and will do a TA on that soon
fanks 4 watchin and plz adhere to proper risk management
Bitcoins 1hr chart poss inverse H&STrading under 8000 again, we may see another push on the recent highs to finish the week off
US open shoqwed quick sell off followed by some solid bids going in
gotta break the neckline to be valid
these three tests of the support/resistance line show a strong bullish signal for intraday
targeting 8250-8300 and then expecting a bounce back down if volume is low towards 6800 area, but lets see, one step at a time...
ETH, BCH, DASH, & EOS vs US Dollar week of 29th July 2018 [BTFD]Quickly looking at some of the major Altcoins going into the week starting 30th July 2018
BTC Dominance: 47.4%, hitting highs for 2018, we see alts really bleeding hard, below is some ideas for the coming week and days ahead....
ETH/USD:
We have seen Ethereum lose some strength against BTC in the last week along with many other coins, COP (Cycle of Power) is showing us bullish sentiments as the grey colour and moving into the green, that's a positive for bulls and as its a pretty clear wedge that has formed which could go either way, breaking up or down out of the formation, If $435 breaks then we can expect to see the $400 area with a short or if it can break up alongside bitcoin rise and break $500, we can safely target $550 and above.
BCH/USD:
Bitcoin cash is in a rising wedge and showing strength to keep up with bitcoin, again can bgo both ways, if we break up over 850 with bitcoin rising we can expect hitting targets of $1k - $1.2k, if bitcoin breaks down and brings BCH with it shorts can be considered at below 800 and 700 or lower could be on the cards
DASH/USD:
Also showing weakness against BTC we can also see a small triangle and expect a move from this very soon. If DASH can get up alongside Bitcoin and breaks up over $280 then we can target $330/$350 but if bitcoin brings it down more and breaks support of $230 area we can see DASH coming down to $200, it has had big support at that level in last weeks. The COP went into bearish signals making the downside more likely
EOS/USD:
With mainnet now complete, airdrops and hype keeping EOS on par with Bitcoin in the last few weeks holding strength, its also forming a triangle on the daily and like the others can go either way and mostly likely dependent on btc movements, has good potential to move up to $16 but maybe we need to see $9/$10 broken first; Cycle of Power indicator is showing a bull sign and with some upwards movement we may get a golden cross too, looks good for EOS but if it does fail and come under $7 then possible to go down to $5 support
have a powerful week, please leave comments or give us a thumbs up and star to get any updates
Bitcoin vs USD 3 Chart Forecast towards August and beyond [BTFD]Using 3 different timeframes of BTC/USD here so we can still see the bigger picture of possibilities to come in the next weeks, possibly even months but with the way the market has been working been needing nearly every day, to be reexamined and restrategized upon
Showing 1 week, 1 Day and 4hr charts and using COP (Cycle of Power) Indicator which you can get for FREE when signing up for a subscription to the www.leadingtrader.com website, I strongly recommend Alessio's services and commitment to providing high-quality Analysis over all the Markets and not just crypto/bitcoin
Simply showing here the different timeframes with Fibonacci retracements so we can get an idea of strong support and resistance areas in the corresponding timeframes
First lets address the weekly chart, two great weeks of gains is encouraging for the bulls and seems like we will reach the fib level and bounce off that ceiling and its possible in weeks to come we may go down again to tests lows, if there is enough momentum upwards we could see 0.236 level become support around $9200 - The COP indicator still is showing bearish sentiment, i feel when this switches UP into the green it will be a powerful signal that bitcoin is back in a bull market. The red trendline is a support trend, if we do come back down and break this red line, we could see more bearish moves and another restest of the yearly lows in the $5-6k area.
Now with the Daily chart, things are looking quite sweet for further gains and upward momentum, going into the FULL MOON weekend bitcoin rallied and stabilized around 8200 after bouncing from just under 7800 the previous day. There is a couple of trend lines in red on the daily chart which gives us some ideas and targets of resistances to break or rebound off depending on the volumes in the coming weeks, as long as we stay above the low of 7780 it looks quite probably we will test the higher trend lines and looking for a close above to secure further profits from previous longs by bringing up any stops to a break even level. COP is bullish BUT with the indicator showing a bolder/lighter colour, it means we are in overbought territory, so be mindful of this, i feel if we break these trend lines and go up we can target the 0.786 level of the fib which is around 9200.
Onto the 4hr chart, we see a clear pennant being formed, we had one on thursday that looked like it was going up but then sharply reversed and broke down towards that low of 7780, always wait for a candle to CLOSE first, im sure many bulls bought in on that only to get burned pretty quickly, or depending how you looked at it created a nice short with pullback for others to get a great long position going into the weekend...
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im expect bitcoin to stay in between this pennant over the weekend and possibly will break out sunday night when the weekday markets open and we get early investors making moves like in the past few weeks, now which way it will break out is still uncertain we can get an idea of the support it has if it breaks down but if we make some more gains and move up and break out we can expect a strong move towards 9 and 10k and test some of those previous highs from feb/march
Overall market confidence is picking up, EFT or no EFT the Bitcoin Honey Badger "dont care" and will carry on regardless of Wall Street/City of London or not, like i mentioned in threeSteps telegram chat...
"If the Shoe no longer fits....maybe its time for another Runner!"
As govt .depts andf taskforces get up to speed on the crypto sphere, us the people involved have alread progressed again and they are in constant catch up it seems, i do welcome regs and see it as a good thing but dont hold out for anything that endangers anything with a 19th century mindset!
Good trades and come join us in our FREE telegram chat....