$ARN Aeron; potential break aheadBeyond technicals but there are some visuals to get excited about. Let's hope for a nice break out of this descending triangle.
C-FORK
BCC correction is due 1 hour chart looks good BUT the 4 hour ...
BCC tested the daily resistance twice
RSI is overbought
MACD crossover to the negative side
The only thing supporting this trend is the 9 ema
if it breaks through the 9ema, we should see price bounce off the resistance at 83500
Monero (XMR) major upgrade makes it officially “Bulletproof”Following past months of development, Monero was preparing for a major upgrade, which yesterday was successfully activated. So what is the upgrade all about?
On the 18 October, Monero has implemented a Bulletproffs protocol, which is an advanced technology that makes any blockchain more efficient, cheaper, faster and more scalable. This method for sending private transactions, is considered to be the most effective, which can have a massive effect on Monero, now and in the long term future.
It is time to look at the price action since the Bulletproffs protocol has been integrated …
Clearly, market hasn’t reacted yet, as during the past few days it continues to trade near the 61.8% Fibonacci support level at btc 0.0015756. However, what should be noted, is that this level has been tested a number of times, and each time price rejected it. The important thing is that after upgrade, price hasn’t fell below the support, and today actually bounced off it cleanly. Not to mention the bounce off the uptrend trendline.
So far the price action stays positive for Monero. As long as the support level is being respected, XMR/BTC will either consolidate or continue trending upwards. The consolidation should be confirmed upon the rejection of the btc 0.018600 resistance that is 61.8% Fibs.
Upon the price breakout above this resistance, Monero is likely to travel further north, aiming at the key resistance area near btc 0.002 psychological round number. Namely; 78.6% Fibs at btc 0.020088 or 88.6% Fibs at btc 0.020977.
Currently RSI oscillator remains below the downtrend trendline, which makes Monero buying opportunity very risky at this time; disregarding the fact that the support is holding. Perhaps more time is needed for XMR to reveal its’ price development plan.
Talking about the risk, if the support will be penetrated, with a clean daily close below btc 0.015627, Monero might be forced to go lower, hitting either btc 0.014800 (78.6% Fibs) or btc 0.014230 (88.6% Fibs).
Briefly, fundamental news are extremely positive for Monero, although investors didn’t react on it. Perhaps market is still digesting the news and as long as the support is holding, price is likely to rise.
Support:
1. 0.015756
2. 0.014800
3. 0.014230
Resistance:
1. 0.018594
2. 0.020088
3. 0.020977
NEO “China’s Ethereum” Neo is a blockchain project that is playing a key role in transitioning the world to a smart economy through the use of disruptive technology. Its infrastructure is an open source network that allows for the digitalization of physical assets and the creation and execution of smart contracts to manage these assets on the blockchain.
It has attracted the name of “China’s Ethereum” due to the striking similarities it has to the number one altcoin.
NEO categories
Digital currency, Smart contracts, Build dapps, Platform, Token issuance
NEO events & roadmap
10 November 2018
NEO Super Fork
NEO Super fork at 20:00 GMT. Each NEO holder
if you hold 10 neo you will get 20 NEOX
good deal free profit at bearish market
from TA we can see NEO play around high of Yearly Support around 0.00253504
Also forming falling wedge Neo Breakout but follow Sideway movement
Best Buy zone located at 0.00195071
This entry, not the best on but still good because it`s high of yearly support
Buy around 0.00265491
Targets
0.00330463
0.00396493
0.00476469
Mid
0.00501537
0.00556446
0.00618517
0.0066988
Long
0.00750985
0.00849894
0.00936933
0.0101606
Mega-Long
0.01109034
0.01338502
0.01467083
HOLD
HOLD
Stop_Loss:
Close Daily below 0.00240402
Risk/Reward
9% / Hold
Invest: 5% / 15%
we ask Allah reconcile and repay
Per Request: View on $BCD Within The Short Term? Quite BullishI already post my opinion on Bitcoin Diamond, you can find it on my profile with search button feature here.
My drawing box is still there at the moment and as I said as long as the price is within the box then it's still a ranging market with steady trend. Why I consider so? Because of the latest pump occurred in the last month still put bias on people's psychology, plus there is no fundamental update from the dev itself that I think quite good to move the momentum. Therefore, at the moment I'm looking that BCD is quite slow.
My indicators showing that this time we might seeing a small bounce as you see we're recovering from the last wicks. This wick that I expect to happen within the box, just nothing special. Small 5%-8% from the bottom of it.
By the time, I will re-assess this chart again.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
EURUSD Broke Swing Low This pair broke the "BC" swing low and is seemingly heading for 127.20% extension and probably the 161.80% thereafter. There's the Median Line of the downsloping inside set as well. Previous long position is closed at breakeven. Looking for bullish reversal around 1.1350-1.1450 now. There are some signs of expanding triangle formation here as the "AB" high was broken by 39% and previous "BC" swing's low is broken currently.
ZCL ANON FORK SCENARIOSThis what can happen with incoming ANON Fork on 10 September.
Be Safe and like always... keep an eye on BTC movements.
Happy Tr4Ding !
BTCUSD - Where to buy?This is an Action/Reaction Model, paired with two Forks. What do they show you?
- Extremes of swings
- Center of swings
If you apply the 7 rules of this analysis framework, you know when it's time to buy or sell. No, it's not 100% exact every time. But how about over 80%?
Gather knowledge and get my signals while you learn to earn. Go to my website and register for free.
P!
zclassic upcoming fork trend should continue after fork snapshot as wider exchange support for zcl and anon comes in the next few weeks, have fun, general market sentiment turning.
EURGBP - Do it again SamOK, here's the same idea with more information (more bars) then this previous one (see the previous chart below):
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings later.
But first the whales wash out the stops below. And as we see, they even are fishing below the Centerline, just to go long again and leave the ordinary trader behind them.
I expect the same jump above the zone as they did to the downside, but then a pullback to scare the hell out of the breakout traders. This is the exact zone where I load up the boat even more and go long, riding as a Guppy on the back of the whale.
May Neptun with his Fork be with you §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
ZCL %1000 Posibility. Bullish Rise Already StartedThe chart says everything,
Hold for 20 days.
it is not a trading advice.
EURGBP - Waiting for confirmation, pullback and long.I first want to see price staying above the down-sloping Centerline.
Then I wait for the pullback and go with the up-sloping Pitchfork, for the main target at Centerline.
Taking partial profit at the Resistance (Sine-Wave Center) or trail profit-stop up to there is also not a bad plan.
For stops, I would place it below the last P-Low.
P!
BTCUSD - Bitcoin approaching the first CenterlineWe see two opposing forces.
The orange A/R lines and the white Fork.
The orange dashed Centerline will be first resistance.
But the good news is, that if price can manage to jump above the orange Centerline, then the next target is the white Centerline.
And once above the white Centerline, stage #3 is the orange U-MLH (Upper-Medianline-Parallel).
This is a natural way how Bitcoin comes to live again, producing swinging volatility which we can trade with simple rules.
Happy harvesting §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
This Bitcoin Diamond thing is a mystery to meEver heard of Bitcoin Diamond? No. Join the club. Still, once in a while this coin shoots up like there's no tomorrow. No news, no announcements, no pump (I guess). What's the deal with this project? Is it simply that promising? Is the tech amazing? Or the team? Anyway, I see two major trends competing, and considering the current market situation, I will have a close look on this one tomorrow morning. I feel like it's gonna rocket again. And if so, I still won't be able to understand why. We'll know tomorrow.
Google back to balanceAfter price left the first HAGOPIAN, it reached the Centerline (CL.). After this first CL. touch, the reverse lasted not long, only to leave another HGPN to the downside.
Now price approaches the Centerline again and we can now observe a potential reversal, or if it blows through, a trade to the upside.
The blue dashed A/R's give us an idea, how price is currently swinging on a pivot level.
Let's see if we can catch a reversal.
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
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2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning
Pitchfork Trading - Video 2Video Nr. 2
I continue the analysis from Video Nr. 1 and show you, why the market is so extremely stretched, and why you need to be super cautious these days.
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
1. Klick the link at the bottom to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Thanks for watching and if you like it, give a thumb up :)
P!
The ForPtions Trade In Crude OilDo you know what a ForPtions Trade is?
It's a combination of two high probability methods - Pitchforks & Options.
All we needed was our simple rules, a Options strategy and we where good to go.
Nothing special, at least in the world of a ForkTrader. BUT a trader who is using standard technical analysis had little or no chance to see what developed on the chart in front of our one eyes.
So this was another trade in our members area that payed over 80% of the yearly, and 2.50 times of the quarterly membership. A nice and quick $505 p.c. in two days.
If you're interested in this strategy and want to know the benefits of this "Behind The Curtain" trade, then go to my website and read the newest article in the official ForkTrading Blog.
And yes, the next trades are already simmering on the fire...
May The Fork Be With You!
P!
EURGBP 60 Minute ContextSometimes we have just too much bars on the chart. But even then, it's possible to get what's going on if you give yourself some context.
Most important are the real swings.
Pitchforks of course project the most probable path of price, show extremes and even the balance at the centerline.
So what's up here?
Well, price is at the Centerline of the white Fork, after it overshoot the upper extreme the second time.
From here, building a position could make sense if you want to play on the long side.
P!