Daily Chart on AppCoins / APPCBTC with Fibonacci RetracementsBuying and accumulating as advertising on apps / mobile games are a multi million if not billion dollar industry. AppCoins is targeting a great sector for the future and has a real world application. I'm expecting to see a steady growth into 2019-2020.
Plus APPC is an ERC-20 Token so you can HODL on MyEtherWallet.
By 2020, 4 billion people will have a smartphone.
The potential of the app economy is larger than ever, yet it still presents three main challenges:
The inefficiency of mobile advertising. There are several intermediaries between the
developer and the user, reducing transparency and the potential return for developers.
The inaccessibility of In-App Purchases. Today, only 5% of smartphone users are making
in-app pu rchases and payment intermediaries increase overall costs.
The App Approval process is not transparent. It is still difficult to confirm the identity of the
developers and there is no universal approach used by App Stores.
The solution: a blockchain protocol for the app economy!
As a cryptocurrency, the AppCoin token will benefit all stakeholders of the app economy:
appcoins.io
coinmarketcap.com
Charting
EUR/CAD - Bears waiting patientlyEuro bears are currently sitting on their hand whilst the Bulls push the pair further to the upside, to retest the horizontal resistance levels. Additional confluence is also offered by the fibonacci retracement and EMA cluster
before the Bears take back control..
The Next Price Action Of Bitcoin - Check My ChartsThis is the way markets move, If you question my charting check my previous posts. Its as simple as pie. We are going down, How long and how far is too soon to say. Here is a chart that we can understand the future price action and where to buy back. Before you guys start blasting my comment section with the time and how it may not be right thats correct. I am not calculating the time I'm just making a technical drawing of the directions that we will see in the next few months.
Recent price action has clear signs of wash trading / market manipulation fud and lots of nonsense. Its hard to prove almost impossible so as a trader we just need to deal with it. Ideally the situation you are supposed to trade are critical break up and break down points to enter the trade. Dont enter or exit dumb trades and lose money. As an experienced trader you should be looking for shorts, I would not consider a long unless we are over $10-12k
Happy Trading
Heres a few wise words from your boy CryptAlpha
Dont Risk What You Cant Lose
To Be A Good Trader You Need To Be Good At Losing
Patience, And Discipline Makes Money. Fighting The Market Does Not.
And Last But Not Least, In order to be a good trader you need to survive to trade another day.
Lets get my charts shared and liked so that we can get me on the front page. :)
Thank you!
USDCHF: 1HR Fib & Support & Resistance Zones AnalysisPotential predicted movement(s) for USDCHF on a 1HR timeframe.
Giving charting a try BTC
Bitcoin: BTC_USD
Green(lime) line: potenial path of uptrend price movement
Red line: potetial path of downtrend price movement
Potential for Almost 800 Pips on the GBPUSDHere on the GBPUSD there is a potential long setup for close to 800 pips of profit. If we see price break down impulsively idea will most likely be invalidated. Price action on the daily timeframe is supporting this trade idea. Trade with caution and good luck.
Indepth charting mixed with ema'sI drew up the trendlines , added 2 emas! When a candle breaks and CLOSES through a line, you can scalp to the next line you see on the chart and if it continues to break the next line hold your position! But if it doesn't break the next line and turns around then close your position.
GbpjpyI drew up the trendlines, added 2 emas! When a candle breaks and CLOSES through a line, you can scalp to the next line you see on the chart and if it continues to break the next line hold your position! But if it doesn't break the next line and turns around then close your position.
Day of Reckoning for BTCUSDCount the indicators:
1. Price action about to bounce off of downward channel line. Oy.
2. 200MA rejected two dailies attempting to reclaim the line.
3. BB Bands showing low velocity, bear expectation.
4. EMA 12/26 not showing the kind of separation one might expect in a bull market.
The longer this downward trend continues, the more that price action is going to need to show multiple/extra bull signals to confirm a reversal. One or two bull days, especially less than convincing ones (see: 200MA rejecting price, etc) isn't enough to pull BTC out of a near 5 month downward trend.
8000USD range is next legit support, followed by 6900 range.
BTC Looks to Beat BearsJust a quick one, more for my records than anything else.
BTC 3.75% pushing up past trend resistance again today. Basically, to me, the following needs to happen for the bulls to run (finally) with some conviction.
1. BTC 3.75% has to push through the trend with volume - multiple D candles with high volume, no tall wicks, and consistent upward trends day to day - however small.
2. BTC 3.75% has to overtake the 200 day MA.
3. These moves probably have to happen before May 1 2018.
4. The price is going to have to retest the trend line as a support level and succeed with conviction - probably before May 4 or 5 2018.
I'm willing to say at this point that if there isn't a move that covers all these bases, the bottom will fall out of this for a longer term bear trend. I'm not talking 8200 either, I'm talking like 5800 and even 4000. Buckle 0.68% up.
*Edited the trendline - it's early, what can I say?
Ontology BINANCE:ONTBTC is a strong coin fundamentally and from a TA point of view today we have a good entry point. On the 4h chart MACD looks like it wants to turn bullish and we have a bullish convergence on the RSI. This is a long term HODL project and we are going to sell along the way when you feel comfortable. Put stop loss -10% from entry point as BTC is still insecure these days.
$BTC Weekly View: The Bear Market That Never Was.It's easy to lose sight of the bigger picture.
I don't really use Ichimoku to trade but I find it useful when I want to take a step back. I made this chart as a daily reminder to keep the big picture in perspective even (perhaps especially) when trading smaller time frames.
We could still break lower from this weekly consolidation but in my opinion it's looking less and less likely.
I hope this chart might help anyone who needs a little perspective from time to time.
XMRBTC Testing All Time HighNot much to say here - 28k-30k sat range proves to be a tough resistance line, even after a nice pop middle/late last week. Volume way down on the current red daily is a good sign, even though the drop has been significant in the short term. I have ZERO idea how to draw a trend line on this, so we'll sit on the resistance lines and pretend we know what we're talking about.
Bull: Sky is the limit, but 30-32k sat range is going to require a great deal of volume.
Bear: Test 24k again, probably falling as low as 18k if it fails.
ADABTC Meets resistance at 3200 sat levelADABTC meets some resistance where there was matching violence in a bear trend back in Feb - not much volume on these alts compared to "altszn" last year, so this isn't a really big deal in my opinion. Still a nice accumulation zone in all likelihood. Still bullish, and apart from the chart, we all know alts will rise again sooner rather than later.
Bear Short Term: Fail to fins support at 3200 sats, falls below 2900 sats over the next day or two, fall to 1800 sat range for retest early June or sooner. Falls below the 50 day MA sometime in April, bull's weep have to return their altszn merchandise.
Bull Short Term: Steady rise, consistent volume, test 4200 sats before May 12, find heavy resistance in the 5300 sat range. Take profit, take off your winter tires and go buy a pair of flip flops.
BTCUSD needs a bit more heart at 9kLog trend line still holding the BTC price below/at ~9k level - volume on first attempt was too low to break through and isn't showing signs on today\s daily either. The move past 9k doesn't have to be today, but it does have to be in the next week or so, or the bottom we're looking at is likely again in the 6800 range.
Bull Short Term - 9k and then a quick ramp up to 11k
Bear Short Term - Fail at 9k, fall to 8k, fall to 6800 range.
Litecoin prophecy by St Phil fulfilled. LTC rose again in 3 daysDearly beloved, I said unto thee that in three days time our dear friend Litecoin would rise from the dead. Indeed, 'tis the third day and behold, he is risen. He is risen indeed.
PREVIOUS POST:
BTC (so far) holding - bounces off 12/26 EMA, downtrend channel.Title says it all.
If $BTC falls below any of those indicators, or if today's daily engulfs the price gains from the last few days, be concerned.
BTCUSD Makes Its Move - Bulls on Deck COINBASE:BTCUSD
Bitcoin FINALLY shows a reliable bull signal - yesterday's hour long run from ~6900 to ~8100 proves to stay more or less in tact, moving the daily chart out of the downward trend BTC has been in since Mid December/Early January. Big news.
The Coinbase Big Three All Due for a Big MoveETHUSD/LTCUSD/BTCUSD all sitting around the bottom of a descending wedge on the daily, due for a move in the next week or two, if not sooner. BTC, like always, will drive the market in a major move before April 22, either down to the 5900 level or back up to the 9000 level before making a larger jump or fall.
Is $5k the Bitcoin bottom?Wanted to share my perspective on the recent sell-ff and areas to watch for support bounces to the downside. No one can predict exactly where Bitcoin is going to go and if you hear someone say they do run far far away. I am simply putting together potential levels based on TA other traders are going to be watching as well which can create a "self-fulfilling" prophecy. More than likely I feel Bitcoin will re-test the 6000 lows that were made in early February. Simply put Bitcoin will either put in a patented double-bottom pattern (a common scenario that happens in traditional markets) OR if the 6k lows are taking out the 5k test will find massive support. On this daily chart, the 78.6% fibonacci retracement just so happens to sit right on the 5k level which was a key resistance break/benchmark in 2017. Regardless if that ends up being the "absolute bottom" there will most likely be a nice swing trade opportunity especially if the flush out happens on high volume/velocity.
Looks like a tough ride ahead for BITCOIN !! Brace yourselves!!Hello fellow crypto traders!! Let me get right into it!
Bitcoin prices has been dropping since it's all time high top. Coincidentally (or not), the all time high date was the day that CME futures started. From then, we have so far dropped from 20k down to 6k and bounced. But that bounce had retraced quite a bit and it seems that BTC is heading further down from here. The 50 days moving average is going to cross over the 200 days moving average in the next few days and that usually signals a bearish outlook for the medium term. CCI index also shows consistent strength in the selling and not looking to ease any soon. Then, we also have the large head and shoulders formation confirmation where BTC had pierced thru the neckline. We shall see if it can return back up above the neckline and save itself or simply resigned to it and the neckline becoming a resistance.
Based on an educated guess, I and seeing BTC heading towards the $1000-$2000 levels before the bear market is concluded.
This chart is only for educational purpose and all opinions are expressly my own.
Good luck!
