Buy-trade
Possible bullish impulse in BTC- LongHi everyone, i have many time without publish some ideas cause i've been busy by my thesis that i'm gonna defend in 4 day. but in sometimes, I could see some crypto and currency.
I think that BTC is making a bullish correction (ABC structure, grade: Submillenium) that is possible to see in weekly and daily charts. In 4 hours charts, I think that the BTC is going to change the structure and if the price break the yellow trend line, the btc will make a bullish impulse.
Sorry if i have some gramatical mistake, i'm still learning to speak english
Miners Smiling, Gold Rush Ahead! Here comes the gold rush, Great earning potential.
Yes we are going to have another run just like our last, we are seeing some nice solid consolidation here.
Around 14 days and here comes the bullrun, once we enter the blue box we will break out high and continue trend up.
I have been trading the lows and highs of the formed triangle and it’s a nice way to pick up a percent or 2 every few days. Buy low (what we all try to do). The buy low sell high strategy for day traders is best applied to channels and accumulation periods.
We are now nearing toward the apex of the triangle where I will simple enter at the lower of the triangle ready for the break high.
This has a 7-8% profit potential, profit will be generated within 30 days from opening position.
Bulls Showing early Signals! Load UP!Hello friends, I have a 2 minute update you gotta read otherwise you will be thinking why didn’t I click Cash Is Kings post and I would of been fine.
Lets get right into it we have no time to waste, I will keep this short and simple and straight to the point.
BTC doesn’t need a guru analyst to pick over the past couple of weeks that we have been going down and were continuing down, the only people that called bulls were the guys wanting some publicity.
Here is a very interesting analysis on BTC though as we are declining the RSI is losing all momentum and is trending down where the A/D is trending up and building pressure….
This accumulation is a great indication of the bounce that will come, obviously what we will see next when we get closer to the buy zone is we should see signs of a bullish divergence on the RSI, I believe the bounce will happen very very quick taking into consideration the current accumulation and should be back to the 9K within 24-48 hours.
Please take close note of the chart on the past 6K drop we were losing volume massively, this time we are accumulating volume in mass portions, the buying is far stronger then the selling.
In the past you will notice the touch down of 6K took us back to 9K within 3 days I would expect this current touch to take no longer then 48 hours, thats if we make it to 6K before the turn.
For everyone shorting BTC I have opened the buy zone in a range and I personally will be reloading and buying more, and I will be doing this at the higher end of range any number starting with 6 will be a GREAT buy. PLEASE watch BTC as we may bounce before the range and see lift off I will update this thread. We expect to see a pullback now then continue down but the pullback also might be quite powerful, it might be worth buying some now before the zone.
You will see my last post I did list that the change of trend may take until 7th of May and this is still active as when we do bounce back we still need to break the old trend line before we are back in action and see long term upward movement.
Currently though we are getting very good signals for BTC turn and I will be buying as much as I can in the reload zone as I see it to potentially be a 40% bounce all within 24 hours.
Please see the chart below of past 6K drop and take note of the difference in indicators from the above.
www.tradingview.com
Don't forget with this bounce don't only buy more BTC, buy loads more alts and catch there bounce.... the harder we fall the higher we will fly......
Cash Is King!
ETH Bringing it back!ETH looking for a break we have now been in a downward trend for a few days, this is the first time we have see it break trend.
You will see we have just closed above the 20 day EMA, this will now create support.
RSI has broken into a positive divergence area.
We have been up and tested the .786 fib and bounced back we will retest this are again soon and if the momentum continues we will close above then can accelerate to target 2.
Volume is coming back
Targets Red Lines
.07671802
.07947318
Earn and learn people!
ETCBTC the really popular ETCBTC setting up again, read details ETCBTC D on Bittrex
Hey Followers, Good news the ever popular ETC is on the move again. If you missed out on the earlier trade, here is another that should provide for you. Its just going through the levels our old 4H trade would have entered and we will have a Daily entry soon.
Our recent 4H trade didn’t get entered but much of that analysis remains true with price crossing back above the important 0.00319 level (Red Horizontal Line). We can see has also come back and perfectly tested the 20 EMA (Blue Line) and powerful 61.8 Fib retracement level (Overlaid).
We currently have a bullish decisive candle and if this remains when it closes I will buy the break of the top of it.
Entry is Buy the top of this candle after close
Stop loss 0.00300
Targets just before the blue lines at 0.00380, 0.003679 and 0.00419
To make money your decisions need to make sense. This is a Daily chart trade, I think we will soon get entrirs on 4h and H charts as well. Don’t rush in, let the picture become clear and then enter
GBPJPY : Wining trade with buy + wave setupIt is like USDJPY, except it is potential to break high than USDJPY, (USDJPY is retrace deeper than GBPJPY, around 61,8%, but GBPJPY around 38.2%)
I think it has potential to going uptrend.
But take profit first before news of FOMC announce tonight.
And, same, it is my bedtime.
Daytrade along the trend.!