Coins
BTC on the way to....Almost 7 month how we watching ours hero and hope fighting with real economics rule. "NOTHING CAN GROW FOREVER". I do be upset for people who by ignorance step in this game and put them own money in. I watch many scheme invite people deposit money and make x3-4 in short time. also people who ignore common sense and refuse to believe in BIG BTC corrections in 2018. If your brain and hands was fast, you made some money in Feb.,Apr., and now. BTC and all CRYPTO - its like Mars for humans, unknown but desired. All crypto Predictors like snake - twisting and turning depending of market situations. Ours memory can hold new not more than 2 weeks., after we forgot it or have new one, which will cover old. So no one gonna "wash old clothes' in press, even there was 1000000 wrong speeches, predictions, and fails. All what we saw in TV its how unbelievable easy can mane money with CRYPTO. Internet full of ICO adv, and SCAM. Ignorance in this CRYPTO has led some ordinary people to bankruptcy and the bottom. Be smart if you gonna risk, dont trust TV public people, advertisements, THEY WILL SALE THEM FACE FOR CASH...And after 1 month all world will forget about it, but YOUR back balance will drop down. Lear on mistake of another people, check information in different source.
It's Time to Consider BNB As Your Base CryptocurrencyFUD is nothing new, but in recent weeks cryptocurrency trading has been increasingly tough. Bull markets rarely ever teach us anything as nearly everyone makes money in Bull markets. Every coin is seen as either a great project today or the future coin of tomorrow. Projections and promises of these projects tend to be high; and so tend to be their price. Even lackluster returns or news can send a coin skyrocketing.
Bear markets, in comparison, show us the real "meat on the bone." They help us see what projects people actually believe in versus what projects were speculative in nature; only being chased for the hopes of abnormal returns.
It goes without saying that it has been a tough year for Bitcoin. My actively traded investment has fallen nearly 20%. Bitcoin seems to loose against the USD on a daily basis, with bad news ruling the headlines.
But what if I told you that there was a better way, and that there is a coin that is OUT performing its 200 SMA? What if I challenged you to describe what exactly makes BTC so special that everyone wants to accumulate it? What if I told you that the best investment to accumulate BTC would be to change currencies? Finally, What if I challenged you to seriously consider changing your base currency to Binance Coin?
You would probably tell me that the devil is in the details.
Let me share them with you.
BNB is currently trading at nearly $15 and has gained steadily since it struck bottom in February. Instead of trending downward and scaring the entire crypto community half to death, BNB began a nice uptrend. Overlaid (in orange) is BNB versus BTC. It doesn't take a rocket scientist to see that there is no comparison. BNB is currently the only coin that is actually outperforming SMA 200 against BTC, USDT, AND ETH.
Furthermore, BNB is a fundamentally sound coin. The Binance exchange accepts this coin as payment for fees on the exchange. Traders get their fees half off (.05%) if they use the coin; which is currently the cheapest fee in the industry. Traders have been flocking to this site (myself included) because of its incredible liquidity and the ability to save loads of money on fees. Binance has quadrupled its customer base since January, and this kind of expansion is likely to continue.
Furthermore, Binance has limited the supply of this coin, which will increase scarcity and raise prices.
Lastly, Binance has become a trusted name in crypto; and this is likely to continue for as long as the managerial decisions are in line with the basic investor.
While no one will likely say that BNB is going to be the next world currency, it has shown that it is good store of value while the Bear market continues to drag on. Setting your AI and strategies to trade against BNB simply can't go wrong in the short term; as you can always re buy BTC or ETH at a later date for your long term HODL.
Many, including myself, have been searching for a way to short BTC in this market. BNB may present the best way to do it.
LTCUSD Short-term supports and resistanceI added extra support and resistance lines with fibonacci support and resistance lines.
If price under the line, line will be resistance
If price up to line, line will be support.
These lines are also possible return locations.
It is just for information purposes only, not an investment recommendation.
Bitcoin Projections: It's All About the CorrectionHey traders,
Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick.
Remember, its a bear market til we pass over 11780ish. As such, we can't let these rally's go to our head like Bitcoin is invincible. :) lol
Make smart moves and recognize when critical points are broke to validate certain scenarios playing out. Its easier to make short term projections than long term projections, as a trader, this is where the money is made.
If we break out of the descending channel we are in and find support on top of 8300 then a SHORT TERM long position I will enter to 8600 attempt, although i expect to get shutdown from there and fall lower overall.
Best of luck traders.
If you enjoy my videos please follow and like, you can find me under multiple other platforms as well under the crypto blend or crypto hippo. I can't post the links in here though so just YouTube it. Im the only crypto hippo :)
Tron - Looking Bullish in this Sea of RedForming a triangle. If it breaks down we can see support at the .5 fib, but we are getting higher lows, we are also seeing higher lows on rsi but also higher highs on rsi and lower highs on chart which is bearish/neutral.
If we break up we can expect wave 5 to start playing out.
We are at that point of apex now to make it an easy trade either direction.
ICX long trade ! Long time resitance which has become supportLongtime resitance which has become support, stop loss for this will be very short as if it breaks below this it will go further down. and upside i have kept just below the next resistence, if it crosses that then next target is even higher.
Bytecoin is heavily long to BitcoinAt the moment bytecoin has already surged over 100% in the last couple of days.
The BCNUSD pair is not that obious though. Looking at the BCNBTC pair you clearly see a break through the downtrend vom 2017.
Since the 4.618 extension was rechaed after corrections in the past i expect it to be reached. Depending on the current Bitcoin rate that would be around 0.000012 sats or 0.1 USD.
APPC/BTCNot sure about the price at the entry point, but APPC is a highly persperctive project getting a lot of attention from the community, 100% will catch a nice growth dynamics.
Buying now is quite risky but worth it. 400-550% by the end of #4.
BTC lying in the middle of the Bermuda triangle.... BITFINEX:BTCUSD
...Which way will it come out? Stay extra frosty right here guys! There are some slight bull divergences on 4hr and below but not enough to hang your hat on unless you have a large risk appetite. Adhere to your trade plan and stop out accordingly. The way down from here could be a brutal one.
Happy trading!
Has LTC/BTC pair broken the ascending triangle, bullishly?So yesterday was a somewhat non event. A day of full consolidation and swings from profit takers and those getting into the space. The volume was not concerning and it can only go up from here.
From what I observe before going to bed, were a few coins that resisted the broad sell off we saw later in the day. The sell off was not huge but enough to reposition and take action in certain areas.
We all like crypos because of the volatility so you get what you ask for.
I have switched to trading pairs verses trading for USDs. I have added BCHUSD and LCC into my crypto portfolio. LCC had a great day % wise allowing me to sell some and keep the profits running.
So now, brief summary before getting into the chart.
Portfolio holdings:
LTCUSD = 39%
BTCUSD = 23%
BCHUSD = 20%
LCC = 11%
others and cash = 7%
So I'm in for the next bull run.
Now for the LTCBTC chart. We are looking at a 3 hour chart for a longer term outlook.
So the price was approaching my called "load it up zone"(area with many yellow dash horizontal lines.)
You can also see the ascending triangle coming down from recent highs.
I jumped the gun and filled up before i went to bed.
This morning, after the last low, it appears to raise and break above the top of the triangle.
There is resistance at .01975-ish so there could be a small consolidation and a possible trade as well.
I draw in some wave scenarios and a large area that needs to consolidate. There is a green box and red symmetric triangle. I don't know it these structure will form but there will be some sort of consolidation to strengthen the trend. If consolidation does not happen and the price moves quickly beyond; we must prepare for a pullback and use stop orders in case of a structure break.
Targets are on the chart.
Thank you for reading.
Please leave comments or questions about anything. Trolls are welcomed. I like helping people and love learning even more.
Is History Going To Repeat And Are Bullish BTC Analysts Wrong?Hi Followers,
A lot of analysts are becoming a little bit bullish and I can totally understand why. The 4 hour chart is starting to look good and if btc can hold these price levels we can expect btc to test the higher resistance area's like i described in my previous Idea.
However when i'm looking at the monthly LOG chart i can see that we actually didn't retrace that much compared to the correction of 13/14 (percentage wise). If you look at the red square you can see that bitcoin made a drop of almost 85% in 2013/14 and now we haven't even come close to a similar percentage.
If bitcoin would repeat history we could see levels between the 2000 dollar and 3500 dollar.
If you look at the candlesticks of 13/14 you can see that there was 1 big green candlestick , then one big red candle, then 1 small green candle and ultimately one big red candlestick .
The current candlesticks seem to be forming a smilar pattern; 1 big last green candlestick, 1 big red candle, 1 small green candlestick and.....
Will the next candlestick be big and red?
Let me clarify that I am not suggesting that the next candlestick will be big and red, i'm only pointing you to some similarities. My purpose is to provide you with extra information so that you can make an educated decision.
There are two differences between 13/14 and now that may suggest that BTC won't repeat the same price action as 13/14.
1) The adoption rate of blockchain/cryptocurrency is much higher.
2) If you observe the candlesticks you'll notice that the buying volume of the little green candlestick, after the first big red candlestick in 13/14 was smaller than the volume of that first big red candlestick. So you could say that the selling pressure was much bigger than the buying pressure. Today that's the other way around. If you look at the volume bars you'll see that the volume of the little green candlestick is higher than the volume bar of the big red candlestick. It's just a small detail but It could make all the difference.
Lets see what happens.
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Cheers
This is NOT advice. This is for information purposes only so trade on your own risk.