Get started

Buythedip

BTC/USD - Why Weekly Levels Are Important Hey guys... been a few day since doing a video, so I thought I would highlight why I believe being mindful of weekly levels are extremely important to your trading plan. While I think indicators can be useful, personally, i'm trying more and more to minimize their use and stick to price action along and limit the amount of time spent in the charts. As I have mentioned before, the more and more time i spend in the charts the more i start to see what i want to see and that is not a good thing. I hope you enjoyed the video, give me a like and leave me your thoughts!
COINBASE:BTCUSDLong
by Crypto_Sid
2
VIABTC - JUST GETTING STARTED!BITTREX:VIABTC VIABTC will certainly be one of the coins to watch in the upcoming Spring/Summer of 2018. With a max supply of only 23M and a market cap of only $62M, this coin is still grossly undervalued (currently under $3). These fundamentals mean this coin has some SERIOUS upside mid-term potential. From a technical standpoint, VIA has plenty of room left north of 30 on the daily RSI, and appears to be forming a Bullish MACD cross as well. Given it's recent runnup to test (and be rejected) from the .786 fib extension (on the daily), after breaking out of the previous falling wedge pattern, one can presume it's likely to start making another run up north very soon. Next time, the upshot will be to test (and break) the all-time high (ATH) of 0.0085990SATs. If this scenario were to play out, this would give $VIA the respectable target price of $10USD with a ~0.01200000SATs. Given the fundamentals, these targets are not only possible, but likely, IMO. But first, we'll need to crack above (and consolidate) above a nearer-term target of ~60SATs. Currently, VIA is undergoing accumilation between 0.00025-0.00030SATs, with several large players who have become attracted to this coin's potential. With that in mind, I suspect we VIA will start to make moves toward the upside again in the next upming week or 2. That said, I you are looking to for a solid coin to to invest into near/mid-term, which is currently trading under true value, VIABTC is of notable mention. This spring may be the last time we see VIA under $3.00. Take care.
Long
by dralerte
TRX MAINNET FOMOHI guys, I wanted to analyze the TRX/BTC on binance, but on Trading View is only Bittrex (less timestory). This is my TA on Tronix (TRX) token, I'm not in about if it's scam or worth it , just cheking the bips ^^. On 31 May it will be the official mainnet launch, it means a migration from ETH platform to their own platform, I predict: 1. Whales will buy TRX and it will be a bullish market. 2. Then lazy buyers will buy it down the FOMO effect (whales tactics + Mainnet launch). 3. Price will be between 1000-1500 sats, a good point to sell.
by therock3xr
4
BTC Setting Up For Big Bullish Move COINBASE:BTCUSD Bitcoin is setting up to do something exciting. We have a potential huge inverse head & shoulders developing on the daily chart, and now that we have overcome the large downtrend line, we should be watching for higher lows and higher highs as signs to accumulate coins. On the hourly chart, I see old resistance becoming new support around 10765, and the 50ma (green line) as well as a bullish trendline converging near the most recent resistance point soon. The hourly 50ma and/or 11150 likely need to be tested again before a strong run, but seeing VWAP has been reclaimed shows buyers are already showing up, so this could go sooner than later. I'm buying dips here. As long as 10750 holds, we are cleared for take-off. Otherwise, I'll watch the hourly 200 ma (~10500) to hold for the next signal to buy-the-dip. A rejection at the yellow previous resistance line ~11720 would produce a buyable pullback as well (perhaps to the hourly 50ma), so I'll be watching that price line closely if we reach it soon. A breakout over that line with volume could run for days given that the distance between the head and the breakout point would be nearly a 100% move. The lower indicators are also promising, with the WIlliam %R looking bullish with a double bottom support around the -50 line on the daily, and the hourly just now pulling over that midline. Breakout could be eminent...
COINBASE:BTCUSDLong
by Red_Ben
If I just had more BTC to spend...Those market insanity occasions are when I'd love my btc balance to be higher, so that I could buy more alts. Everything is going down, and the best altcoins aren't spared. I'll give you my short list, which could be way longer: OMG WTC LINK BNB NEO ARK MTL LSK I believe they're all sure fires, which will go back up once the craze ends. I don't exclude them going down further before Nov Fork, and that's the reason why you should average your buys in time. BTW, everything below fib .50 is gold to me. If OMG goes @.618 retracement, I'll definitely pour what I have left in it!! Happy trading everyone!
by lukescream
Don't be unprepared when ARK will reverse!!It seems that some of the biggest altcoins (see NEO, OMG and ARK) are correcting quite strongly. To me, those are all awesome buying opportunity, and these are the moments when I wish I had more money to invest. ARK went on a crazy rally from mid aug to mid september, and we all know that the steeper the rise, the harder the fall. That's the reason why correction on ARK is particularly dramatic, and that's the reason why after gains like these you should sell! BTW, I'm talking too much. The point here is that ARK has proven to be a solid coin, remaining strong also when BTC was crashing. So, get ready to jump on the boat, as once the correction will be completed, there'll be another fancy ride. So, given I have a capital of 100 I want to put into ARK, I'd go like this: 25 @ .618 fib retracement (54k sats) 25 @ 47k sats resistance (if reached) 50 at reversal signals (price & RSI downtrend breakout, MACD crossover) Buy the f*ckin dip!!!
by lukescream
BTCUSD - Ignore the FUD, Buy The Dip, HODL!As western media continues to misinterpret news out of China regarding Initial Coin Offerings and crypto-exchange regulation, the price of BTC continues to drop. This is by no means a negative, as it offers an excellent opportunity for market entry to those that missed the boat on the previous bull rally. Currently BTCUSD has retraced to just below 50% of previous bull rally and we will probably see a retracement to 61.8% to $3000 levels. This will be the perfect entry point before the price action bounces back off a historically and psychologically strong support level of $3000.
COINBASE:BTCUSDLong
by d3ssy
Short-Term Dip, Long-Term Gain For LVSOn April 3, 2017, the Las Vegas Sands Corp. ( NYSE:LVS ) 20 day moving average (MA) crossed above its 100 day MA while its 50 day MA crossed below the 200 day MA. Both events have never occurred on the same day. Historically the 20 MA has crossed above the 100 MA 18 times. The stock has a minimal gain of 0.157%, has a median gain of 5.899% and maximum gain of 72.847 % over the next 15 trading days. Historically the 50 MA has crossed below the 200 MA 6 times. The has a minimal loss of 0.661%, a median loss of 4.687%, and maximum loss of 11.732% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 64.5565. RSI tends to determine overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is slightly moving up and recently retreated from near overbought levels. The true strength index (TSI) is currently 20.5597. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is slightly moving up. The positive vortex indicator (VI) is at 1.1249. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is moving up, although is retreating. The stochastic oscillator K value is 72.6098 and D value is 69.2514. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock is coming out of an oversold level, but trending up again. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be heading up, but could have a brief pullback from current levels first. Based on historical movement compared to current levels and the current position, the stock could lose another 1.5% over the next 5 trading days. After this drop, the stock could move up toward the resistance level around 60. From the close on April 3, the stock could gain 4.9% within the next four weeks. If bought near the anticipated dip, the gain could be greater than 6.5%.
NYSE:LVSLong
by StockSignaler
Buy The Coming Dip For AT&TOn March 31, 2017, AT&T ( NYSE:T ) crossed below its 50 day moving average (MA) while its 100 day MA crossed over the 200 day MA. Both events have never occurred on the same day. Historically the stock has crossed below the 50 MA 330 times and the stock does not always drop. It has a median loss of 2.239% and maximum loss of 25.170 % over the next 8 trading days. Historically the 100 MA has crossed over the 200 MA 20 times and the stock does not always rise. It has a median gain of 3.959% and maximum gain of 21.067 % over the next 20 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 45.0401. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is slightly moving down. The true strength index (TSI) is currently 3.9504. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is slightly moving down. The negative vortex indicator (VI) is at 1.0906. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is moving down. The stochastic oscillator K value is 22.22 and D value is 18.62. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock is coming out of an oversold level, meaning the stock should go higher in the next few days. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be heading down in the very short term, but up in the long term. Based on historical movement compared to current levels and the current position, the stock could lose another 1% over the next 5 trading days. After this drop, the stock could move up toward the resistance level around 42.50. From the close on March 31, the stock could gain 2% within the next four weeks. If bought near the anticipated dip, the gain could be greater than 3.5%.
NYSE:TLong
by StockSignaler
ETHUSD Coiled for Its Next Leg Higher?With BTCUSD running up over the last couple of days, we've seen ETHUSD trade sideways to lower...but not for much longer, so I think. With a Squeeze forming on a 195 minute (+ a bull flag), 78 and 39 minute chart I'm looking for it to make its next leg higher. If you take a look at the daily chart, ETHUSD has been trading in a nice pattern for the last few weeks and as the saying goes "don't fix it until it breaks" which translates here to, "but the dip." I wouldn't be surprised to wake up to new all time highs...I guess we'll see. Goodnight and good trading, Jared
BITFINEX:ETHUSDLong
by SimplerTrading
5
Time for some downLooking like a lower high and near enough to be called a double top. Price action looks weak, expecting some short term bearish movements. Targets are 2880, 2820 and with a possibility of going as low as 2740. Do not despair, these prices will still be a very healthy higher low, and we will still be in an up trend. I must note caution here, I am not actually shorting this and do not recommend it as a short opportunity, take some profit, then buy the dip. Still a bull trend.
B
by noomnahor
The Fed gave two reasons to bid up a new all time high for SPYFirst of all, kudos to all of those who rode yesterday's rally!! I rode it with good size and closed near the close sequentially, around 210.50s in average exit price. On wednesday 18th, the FOMC committee communicated two big shifts in its forward guidance regarding the interest rate path: 1. Lowering the Fed Funds Rate forecast for the end of 2015 (from 1,125% to 0,625%), thus signaling a slower hiking cycle. This was partially priced into Eurodollar futures market (which prices the odds of a Hike in September 2015 to less than 50%), but the weakness in equities since late February indicated otherwise. So there's a rational bid in there. 2. More importantly, the Fed also reduced its estimate of the "natural" rate of unemployment (the NAIRU, or non-accelerating-inflation rate of unemployment) to 5.0% from 5.5%. Part of the freakout of the past couple of weeks had a lot to do with a surprisingly solid payrolls report (+295k jobs and U-rate down to 5.5%). Another bid will come from a critical change in expectations: since the Fed is timing a hike with data dependence (specifically, when it sees a tight labor market and signs of wage and price acceleration), the new forecasts indicate a future monetary policy that would be less tight than expected, until these variables show any signs of true overheating. Technically, the furious & high volume rally right out of the minutes broke a major resistance line (200-MA in 1hr, 208.60s. We'll probably revisit this line for a quick tap tomorrow morning (fast money seems to be lightening up its outsized longs). I'll put limit orders near the same moving average, some wiggle room with the stop loss (I won't be stop hunted this time), and just ride the rally that's coming in the US Equities Market... A clean crossing off the Hagopian Line (around 210.50s at the current point of the slope) will confirm the strength of the rally. Possible headwinds on the vision: - US Debt Ceiling - related political shenanigans (Republicans own Senate & House of Reps) - Crashing oil and more fallout in the HY Energy sector - A continuation of poor macro data in the US - Flash Crashes (the dollar was decimated by algos yesterday right at the market close.. it was temporary, yet scary) Remember to do your homework before placing a trade, and good luck!
AMEX:SPYLong
by Daniel_Urdaneta