Get started

Confirmation

Surprise? probabilities...So was I surprised by this 800$ crush? were you surprised? if you followed my ideas so far then I guess not... - We hit again and again into the 4h cloud resistances which included sma200 and ma200, we created many strong resistances... - Bulls had 1 last chance (Like I called on my last idea: ) to prove themselves that they can break these resistances, and for a moment there I even had hopes for them (Thus I didn't give signals for you guys even though I did enter shorts at the resistances again), the buying power was growing, the bullish volumes were growing and created highs, I seen so many groups and people call that this is going to be the big shot up.... and yet? they barely could handle with the first resistance, and not enough volume buying power to suppress it all... - There was no where to go anymore but below the symmetrical triangle - the bears won this round. Now don't get me wrong, we are still not in full confirmations that we are going down... after all even the descending triangle which we are going to test soon can still be valid for consolidation for 3 facts: - Descending triangles if they don't break down after 3-5 hits at the bottom, it weakens the descending pattern and making this 'floor' a very strong support. - Descending triangles if they don't break between 50-75% of their entire length, it not only weakens them but also shows a reversal pattern in the investors mood. which means we might create even stronger push up.. - Descending triangles, if the bullish candles are beginning to be more active then the bearish ones around the 50-75% of the triangle length, it means that we are heading for a very strong bullish pattern on which the bulls consolidated enough money to break the shit out of the market up... So what are our next probabilities?: #currentprice#9660 1. Bullish: we can enter now at 9600-9700, and wait for the little pullback until we gonna test the symmetrical resistance again (The longer it will take, the more resistances from the triangle will interrupt and make it even heavier for them to push above it). 2. Bearish: we can enter now at 9600-9700, as so far from many aspects (TA/FA/SA) it looks bad for the bulls in my perspective and due to previous ideas such as my bigger picture: (Which for some reason Tradingview lagged some of my lines there ^_^, sorry if it's a bit off, but it works out so far) 3. The best idea is to wait for 2 things: - More confirmations, like closing weekly/monthly on Sunday, which will tell us much more where are we heading... - More confirmations such as breaks of the resistance from the symmetrical bottom to go long, or break the resistance of the descending to go short... * I personally gonna try and either long if we pass 9700 entry 9710 sl 9600 tps: 9920, 9970, 10130, 10160, 10260 and I will have 10% left to run more until I feel enough is enough... dont forget to move sls accordingly to profits.. * Or short if we pass below 9600 entry 9690 sl 9700 tps: 9300, 8800, 8300, 7800, 7300 and I will have 10% left to run more until I feel enough is enough... These signals are valid for until sls hit, or until I will update otherwise. Good luck <3
BITMEX:BTCUSD.P
by Hedgehog_king
#REN : Upto 75% Profits Opportunity In The Mid Term.#Accumulation_Recommendation Pair : #REN / #BTC Technical Analysis Pattern Creation : On the daily time frame of REN and BTC pair on Binance we have seen that a creation of a bullish engulfing candle stick with a good shape of a falling wedge. It is still trying to break out from the falling wedge and can't be considered as a confirmed call unless we see a close above the resistance line of the triangle. Indications : Volume showed a very good amount of increase on the yesterday candle but is currently showing a slow and decreasing volume level on today's scenario. This might be taken as an indication for a false pump if the trading volume continues to decline further by the following days. - RSI looking good and on favor of the bulls but we still need a cross over by the MACD lines and seems to be on the way though. EMA is still above the current price at around 877 sats and need to go further downward below the price for a confirmed call. Note : For a confirmed and confident trading move we need to break the price level represented by the red circle on the chart. And Volume needs to continue to be flood in for a more bullish trend too. Even though its looks a risky trade at the moment, using a strict stop loss and risk management we can have a good profit for the mid term. Accumulation Price Area : 790 sats - 820 sats Distribution Targets Target 1 : 872 sats Target 2 : 920 sats Target 3 : 973 sats Target 4 : 1055 sats Mid Term Targets Target 5 : 1137 sats Target 6 : 1202 sats Target 7 : 1254 sats Target 8 : 1402 sats+ Stop Loss : 681 sats Capital Accumulation : 3% Risk : High @Togetherweaccumulate
RLong
by cryptotalk_et
7
The Rise And Rise Of Bitcoin : Still Showing The Lion's Heart.#Bitcoin_Update Bitcoin is currently on a critical price level whether to decide to be in a bullish trend as it was or to see a correctional move. Currently the formation of the neutral triangle in the daily chart is a very critical one and even it makes harder to predict the following trend behavior unless we are done and see where the current candlestick close. The depicted area in red circle on this chart at around 11800$ is the main resistance line and would give us a good indication on our next outcome in the trade. - Indications on the various indicators of the trade are showing still a bullish sign for a further upward movement even though we need some correction whether it be a single Doji Candle stick or short term bearish candle sticks. - Volume is in a continuously growing mode which makes the trade still in bullish sentiment. MACD showing a bullish sign for further leg ups and RSI is also in a good bullish trend at around 65 which is showing that there is still a space for a growth. Conclusion My conclusion on this trend can't be confirmed until we close the current daily candle stick but I will try to put the scenario's that can occur with the short term on Bitcoin's trade. Scenario 1 : As I stated in my earlier ideas Bitcoin has been in an expanded flat correction and will start its reversal uptrend and it did surely did go up as I said it. On my first implication on the time where the correction ends Bitcoin just touched the 11K area of my 2 targets at that moment. After the failed impulsive wave Bitcoin once again reached my 11.6K target after a comparatively huge correction within a week. So I am still thinking Bitcoin would go further go upwards at this point and even though we still are not in a confirmed point I am thinking the most possible scenario to happen is that Bitcoin will further go towards my stated resistance levels on my previous call. - Scenario 2 : This is the second possible scenario to happen if my prediction didn't go as it is stated, which is a possible correctional move towards the 11k area first and if that test could further go down we might see the 10.6k area. But I am thinking this scenario's possibility to happen is very low seeing the trend at the current pattern formation. - Note that we are still in need for a confirmed breakout on the candle stick formation and we need some time for a confirmed move towards the trade. Expecting my Scenario 1 to happen in a high probability looking alert on the 2nd scenario too is a wise move. With Regards. @TogetherWeAccumulate Drop your LIKES if you agree with this idea. Drop your comments if you have any suggestions or argument on the idea. Besides help the community to grow by following the page. Thank You for your time. Stay Tuned and follow TogetherWeAccumulate on major social media platforms at TogetherWeAccumulate.
Long
by cryptotalk_et
Moving averages as great tool when used on shorter timeframes!Since MA's are usually a bit slow in showing the best entry and exit points its good to use them on shorter timeframes and see what story are they saying. In this example, it is quite clear how shorter MA's cross down longer MA's and confirms the bear trend and how shorter MA's then cross longer MA's on the upside and confirm the bull trend! MA's used here are: - 20 - 50 - 100 - 200 Hope you will use them wise and well! Do you see the confirmation for the upside that is most probably coming now since the 3rd breakout try is usually the successful one? We already had 2! ;-)
KRAKEN:BTCUSDEducation
by Samoto
Still Need for ConfirmationAlthough we have broken the resistance at 9650 I am still waiting for a valid confirmation. I am still not convinced that there is a reversal upwards. Volume is not enough to provide enough thrust to take off besides there is a divergence at 1 hour chart RSI which can still cause a stall in price which afterwards lead a devastating crash. Signals are still mixed. Disclaimer: This only reflects my self opinion therefore this is not a investment advice. You are responsible for your own actions.
BITFINEX:BTCUSD
by Eur0pa
1
#FET : Up to 350% Profits In The Mid Term.#Accumulatio_Recommendation Pair : #FET / #BTC Trading Platform : #Binance RSI : 43 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time. EMA : On the way to go below the price and if it can manage to be below the price it will be a good indication. - Volume : Already boosted by the past 4 hours showing a good momentum currently. - Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick. #Accumulation_Zone : 405 sats - 435 sats Distribution_Zone: 950 sats - 1020 sats Target 1 : 1350 sats Target 2 : 1689 sats Target 3 : 1876 sats Target 4 : 2195 sats Target 5 : 2411 sats Mid Term Targets Target 6 : 2600 sats Target 7 : 3008 sats Target 8 : 3588 sats+ STOPLOSS : Close below 875 sats Risk : High Capital Accumulation : 3% @TogetherWeAccumulate
Long
by cryptotalk_et