Christmas
Bitcoin: BTCUSD Money/Bitcoin Never SleepsBitcoin: BTCUSD
A great break, right off the lower parallel around the first hour or so of trading in China overnight. Bitcoin was forced
back to support at 13730 by 20.15 EST during the first hour of trading before rallying powerfully, in a straight line all the
way to the upside target at 15509 - making a high at 15585 before beginning to consolidate. So even on Christmas day
Bitcoin yielded at least 800 points of profit and potentially up to 1600 if around to pick up longs as support at 13740 was
retested and held up well when China opened for business. What other instrument pays out like a cash machine on
Christmas day? ONLY Bitcoin. One on its own. The 'special'one.
Now it's making what apears to be, so far, a tiny flag formation...it either slowly rinses off back to 14648 where it's a buy
with stops 50 to 10 lower - or it's so strong now that we have already seen the second strike on the lower parallel
(see chart) and the next move will be up from here...would prefer the former, where it comes back to test the lower
parallel of flag again quite slowly and making a continuation pattern in process - can be
bought by day traders if it does this with stops under the lower parallel and can be bought again by swing traders if it
slowly unwinds over the next few hours back to 14648 and keeps within the parallels as it does so.
Otherwise, if this little flag has already seen its second strike on the lower parallel that contains it now and can hold out
off the lower parallel of the flag it will show that Bitcoin is still strong, with buying intent still present...it can then rise
back to retest the upper parallel of the flag and can be followed higher once we see the break...could well rise to 15509
again and then come back to retest the upper parallel from above, once broken - and it could also give us a clean break,
as we saw overnight in China...ideally we want to see some solid green candles emerging from the upper parallel (can
trade this by committing half stake on the initial break and keeping the other half dry in case of retest or just wait for
the retest, which might not come, as last night. But there is key resistance not far above the upper parallel - fairly minor
resistance at 15509-15585 first and then the last really significant resistance between here and the highs, at 15814 -
this level keeps coming up in dispatches and extends to 15860. Pretty much everything now depends on this key
defensive barrier erected by bears over the last few days.Bitcoin has to find the buying impetus to break above 15860
and to hold uo there on a retest from above, once broken. In one bound, Bitcoin would be free and should begin to surge
higher if we see this kind of price action develop later - it should rise to 17908 and then to 19009, with. the blue lines
on the chart being the likeliest points at which to expect a small counter-reaction. So swing traders can either buy on the
first break of the upper parallel of the flag or wait/increase only once 15860 has been broken and survivied a retest.
On downside, the lower parallel of the flag/continuation pattern must hold up today on retests, and at all costs 14648
must do so for Bitcoin to remain underlying positive. Any failure at 14648 would therefore tip Bitcoin back into bear
territory, creating a sell off back to 14000 at least - and if this should fail to hold, back to 13456 again .
ETHUSD dip before big push, $1k Christmas??ETH still needs a little more recovery from the last big push. I think we will see it come back down closer to the 1st support line (~720-730) for a short period (few days) before we start seeing the climb to the mid to upper 900s and 1k target. The longer intervals are still showing MACD, STOCH, and RSI recovering and still showing negative divergence. On Christmas I am expecting the next big move from ETH and we will see 1k be tested on Christmas or very shortly after.
Pit Stop Before Next Leg UpCryptomarket is down overall, XMY continues to show signs of strength with the potential to move much higher with a fresh push higher in the cryptomarkets.
90K dias 25/12, ultimas 8 previsões acertadas com 96% precisãoOla amigo, com as últimas analises dos gráficos de Bitcoin com queda e retomada, conseguimos prever 8 tendências com precisão de horário e valores negociados a um nivel de 96% de acerto, basta acessar minhas publicações e conferir as evoluções.
Esta última análise é precisa e minuciosa, sendo o melhor cenário possível, onde acreditamos ser a máxima!
A minima seria 70K com variação de picos de 10% acima e abaixo até atingir os 90k.
BTC going to NEW HIGHS!?!?! Christmas Surprise!!! Looking at my chart...I have noticed that the Volume of NEWBIES to the Crypto-Space has increased EXPONENTIALLY in the last two months of 2017! What does that mean? Well, I think the Chart above should be self-explanatory...NEW HIGHS are heading our way!!! So far, it appears, "if I am correct," and that's a big if...looks like Cryptos really love the "Elliot Wave," Market Structure, which is often followed by an A,B,C retracement pattern. In fact, if you go from the 1 Day Chart; listed above, I do believe that the Elliot Wave will continue/repeat itself, again and again. We may even be able to overlay a larger Elliot Wave on top of the previous two waves which really opens up the horizon on just how BIG this Crypto coaster can be...in other words flash crashes "Waterfall," events maybe a regular occurrence with all Cryptos? (BTC being the Cannery in the Coal Mine)!
I am going to stick my neck out there and see if this chart of mine can really hold up. Now some of my dates may be off and my target price ranges may also be slightly off as I am using my best educated guess as to where these "Market Structures," could go...lets test this out and see how it goes! I don't mind being wrong...sometimes its the only way to see if you are right. We can't be afraid to fall of the horse from time to time.
Merry Christmas! Happy NEW Crypto Coin Year...to NEW HIGHS, and HIGHER LOWS!!!
IOTA Price Jump for Christmas! Similar to the Price Projection that I posted earlier today for LTC; we can see a similar Market Structure finishing and a New Market Structure forming Up! It looks like an "Elliot Wave," with an A,B,C Retracement pattern; following. Funny how all of the Crypto Coins/Tokens tend to follow the same trend pattern(s)?!? Could be a representation of the FREE MARKET finally flexing its muscles due to a lack of controls/Regulations from big financial firms/Governments; i,e, No manipulations from derivatives, futures markets, or etfs.
This is my best educated guess as to where this market may go. (Sometimes you just gotta stick your neck out there to see if your right or not). If I am wrong then we are left with the CORRECT MARKET STRUCTURE; everybody Wins!
I do believe IOTA is heading skyward!!!
Merry Christmas! ; )
LTC on the UP SIDE!!! YEAH! Waterfall Recovery...Looks like LTC is recovering nicely from a WATERFALL movement, last night...(12-21-2017) phew! Almost back up to $300 price range, things are gearing up again for a POP to the UP Side! (Finally)! Buying in on LTC at prices below $260 was difficult due to excessive trade volumes bottlenecking the Crypto-Exchanges. For example many already know that "CoinBase," was overwhelmed with trading that it temporarily halted trading?!?! That tells us that if these bottleneck issue can/could be resolved then the prices more most Cryptos would already have reached well beyond what most would consider "reasonable,"i.e. the MOON?!
Cross your fingers and Make a Christmas Wish!!! LTC all the WAY!!! ; )
Rare tree pattern @ EURNZD with awesome risk/enjoy ratio!2017 was an exciting year. In January, I've started demo and paper trading, now in November, I've started a small live account and -- unbelievably -- I'm not doomed yet but doing good. Small draw down two weeks ago (what a shitty week!). I've took a deep breath and traded through this. This week started bad again with 20% win rate. But it turned on Wednesday and since today I'm back in profit for this month.
It was hard work to learn all that stuff and to master my psychology. And surly it's still a long way to go to become a successful part-time trader.
Then I've had the greatest opportunity this year: 5 days trading mastery course held by @Jason_Stapleton, packed with so much stuff. This again pushed me unbelievably far! Thanks again man for this opportunity and sharing all that knowledge.
With this said: I wish all of you a Merry Christmas and a Happy New Year. May 2018 be successful and profitable for all of us.
So, for the pattern we have the following setup:
Entry: 24-Dec-2017
SL: If action exceeds 26-Dec-2017, close your position -- Christmas setup is no longer valid.
Target: Family, friends, good food, playing w/ my daughter, talking, laughing, fun, gifts, … Just Christmas. :-)
Alex
LTC CHRISTMAS!!! PATTERN HOLDS!This is an update to my prior published chart for LTC Christmas!!! The up-trend pattern appears to be holding STRONG! If the pattern continues then this may be the last time that we can buy LTC at low $300 price range? If you are a HODL er, then you will benefit GREATLY in the coming year, 2018. The potential to reach $1,000 LTC is possible for June 2018!
Good Luck, and MERRY CHRISTMAS!!! $500 LTC ...it could happen!!! ; )
LTC Christmas Update...from prior published chart.Pattern HOLDS!As an update to my prior published Chart of LTC Christmas!!! The current pattern/trend appears to be holding STRONG! I would go LONG and recommend buying while you still can...opportunity is closing FAST! At this current UP-Trend; if it continues to HOLD; we may miss opportunities to buy again at these current $300.00 price range for LTC?
We could easily see a $1,000.00 LTC in 6 Months...sometime in June 2018?! HODL ers will benefit GREATLY!!!
Good Luck and MERRY CHRISTMAS!!!
Could christmas signal a turning point for bitcoin?DISCLAIMER: this idea might be far fetched ;)
Hello everyone,
I have received multiple emails from different bitcoin wallets and exchanges outlining their christams order processing schedual due to the bank holidays. I think this, and the fact that more inexperienced traders are on the markets during christmas time (due to public holidays), could lead to strong volatility and maybe signal a change of direction for Bitcoin which would enable altcoins to grow rapidly. Also, bitcoin is already fairly overbought. I expect many people to want to cash in their profits from this year between christmas and new year, I know this idea is fairly baseless but none the less I have gone in to altcoins (also due to other reaseons of course). I believe that 2018 will be the year of altcoins!
Have a wonderful sunday!
Sven
I'm Dreaming of a Red ChristmasFor the past 2 years, the holiday season (not exactly Christmas day, but near to it) has offered rock-bottom prices for alts.
This chart shows 5 of the major alts (ones with enough volume and history to chart this far back) against BTC. If history repeats itself, and they come down to meet my green arrow, it should offer an OTE on a wide array of altcoins. However, the yellow, or red fib lines may be all we get due to the increased market activity this year. But the depression caused by most of the market being on holiday, needing money for presents, and simply not paying attention means it should offer good long entries across the board regardless of the surrounding circumstances.
$XEL can't jump or what ? Pre-Christmas is the last call ? DOYRIf Elastic $XEL can not grant us a much-delayed pre-Chistmas break-out , we should be careful with it. The correction before 10k #BTCUSD may either be the script on Elastic's tomb or make you rich. #DYOR