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Cryoptocurrency

Ripple short-term growthRipple / USD, looks interesting for buying. . Technically, we have updated a new low, at which an extra volume is observed, after which statistically in history we see at least short-term upward movements. In addition to this, the RSI indicator is confidently in the oversold zone, which also strengthens the position for purchases. . Considering the price-action, a reversal pin-bar has formed on the chart, supported by a good volume at the new local bottom with a combination of oversold many indicators. . We consider this deal adequate, long with a good risk-to-profit ratio (1x4)
BITFINEX:XRPUSDLong
by Neironix
NEED TO BOUNCE !!Hi everyone!!Sorry that I wasn't able to post for the last few weeks. But I am back. Lets dive in to the chart. So we have broke the trend line and have been staying above it for a while now. After we broke the channel we are now testing the trend line as a support. Which is also aligning with 200 EMA. Which makes it a strong support. However we still have downward pressure from the 50 EMA and we are stuck in between these two. People have been complaining that we have been moving side ways, however i believe we are about to see another big move. So whats my thought process? I believe we could enter a small position at these level and wait to see a movement upwards. The confirmation of the movement will be breaking 50 EMA and closing above it. Then we could increase our position. However we are at critical levels, so keep your stop losses placed, since if we break below 200 EMA and the trend line we might see a big drop. Always place your stop losses before entering a trade. A sudden drop WILL hurt. The way that BTC made a 40% jump it also can make a 40% drop. So stay safe!! As always just a thought not a advice!! Previous Analysis:
BITSTAMP:BTCUSDLong
by Behzadin
$BTC ANALYSIS - Bitcoin's Hidden Decision PointBasically we either bounce off the "Last Hope" level and create a new recent higher high (then moon), or visit the lows of the descending triangle again; which then has a very high chance of failing after so much pressure over the last few months. I am long off this "Last Hope" support, with a stop just under the same support level. *Even though it is a bearish pattern forming, I am long because: - It has not been confirmed. - The Risk/Return is very high for a long here, shorts won't deliver as high a %. *Always be prepared to counter-trade your bias.* If we lose the triangle floor, then we visit 6k or less IMO. Hate to say it, but I will be very net short if we close below the floor of the triangle. I do think the bounce we saw from the traingle floor was pretty weak tbh... doesn't fill me with much confidence here. As soon as I get stopped out on a move down, I will be looking for slow/weak bounces to short into (or wait for the floor to fail). Let's hope that short never happens. Pray for my long.
BITMEX:BTCUSD.PLong
by Pillarstric
Monthly view with intraday PA Bitcoin still feels not ready for prime time to me, given the fact that it closed below last month's close price (2 day basis on 15th August). We had an intraday closing below last month's close price again today. I would say it is just consolidating for the moment. I still expect a bull trap around last month's open price and will look sell at this price until 8000 yearly pivot area. I will change my mind if we do exceed last months's open price on a daily basis during August.
COINBASE:BTCUSD
by berkek
BITCOIN - +20% since last Break out call, how much more? Since last post of the Break Out, the price has found very nice channel to climb. Currently is even above the uptrend channel , which i think is just ok, more support zones to have :) Now the price is in the little bullish triangle ( uptrend channel and resistance $11800). If there will be a break out, i prefer 4H candle close above $10800, BTC have clean ride to $12500. That BLUE line is my major gain line... trend line since 2012, so there i expect a big resistance. But this is crypto, it can go smoothly above the blue line or be hard rejected. For now, BTC is still bullish and there is still some fuel to put price higher. In other way, we should not see price below $11k... Good Luck all... hit the LiKe if you like the idea :) tnx
BITSTAMP:BTCUSD
by Gokic
1
LTCUSD Major Resistance Hello Traders, New Thesis on LTCUSD, Points to consider; - Uptrend Broken - Broke major support, now testing as resistance - Stoch crossing bearish - Volume climax on 4hr time frame - EMA crossing bullish, insignificant with all bearish indicators - RSI neutral on 4hr time frame LTC needs to break this major resistance for it to continue its uptrend, this will allow it to put in a healthy lower high. However, going short is looking more probable as BTC market structure is bearish, Major ALTs tend to follow BTC, thus the target for LTC from current resistance is more likely to be the support zone at around $50.00. What are your thoughts? Please leave a like and comment and remember, “Letting losses run is the most serious mistake made by most investors.” – William O’Neil
COINBASE:LTCUSDShort
by AzizKhanZamani
There is a trading opportunity to buy in BATETHTechnical analysis: . BasicAttentionToken/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000963 to 0.000859). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000963) Ending of entry zone (0.000859) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00111590 TP2= @ 0.00120140 TP3= @ 0.00137000 TP4= @ 0.00156500 TP5= @ 0.00180400 TP6= @ 0.00213340 TP7= @ 0.00269100 TP8= Free
Long
by ForecastCity
2
BTC Grinding Support - Prepare for the Next Level DownFor the last several days BTC has been grinding on the support line that has been generated by a pitchfork that connects the 2017 highs to the 2018 lows. This pitchfork was generated in the same manner as the one from the start of the 2015 bull run which precisely predicted the top. Then in turn was used to accurately calculate the bottom of $3300. chart will be posted below If the pattern from 2015-17 bull run continues to repeat itself and the current pitchfork support line breaks, I would expect a drop to either the 6800 or 5900 pitchfork support levels. From there we should be able to continue up to the next target of ~$13000. I myself have exited the market and am waiting on this dip or a clear signal in either direction. Think of support as a brick wall. Every time something slams into it, the mortar becomes weaker and weaker. 2018 Bottom Prediction:
BITSTAMP:BTCUSD
by oh92
2
XRPUSD 1D/1H DMI TRADING STRATEGYDMI & RSI were developed by Welles Wilder DMI has a 0 to 100 range DMI determines price direction and trend strength ADX line is non-directional. Determines trend strength regardless of trend direction When ADX is upward trend is strong. Doesn't matter if trend is up or down DMI + measures strength of an upward bullish move DMI - measures strength of a downward bearish move When Price goes up DMI + is above DMI - When price goes down DMI - is above DMI + We use DMI + or _ to gauge direction WE use ADX to measure strength of trend When - is above + bearish downward trend When ADX is climbing up the trend strength is increasing DMI Strategy Rules - manually make a 20 and 40 horizontal line in DMI Day Chart Step 1 Determine dominant trend of the day - which DMI is on top - wait for ADX to cross below/above 20 level 1H Chart Confirm which DMI on top matches days trend ENTER when ADX closes below/above 20 level SL below/above last swing low/high TP exit when ADX crosses below/above 40 level
BITSTAMP:XRPUSDLong
by Tradingstrategyguides
BTCUSD What if? Disclaimer: this doesn't seem likely, heck I don't even believe in it, but what if? What if BTC was just correcting from oversold conditions before continuing the second leg of a slow descent? Elliott Theory tells us that after waves 12345, waves ABC follow. Now, identifying waves 12345 is easy as they are clear as day on the chart. Was 20k to 3k maybe wave ? if so what do we know about corrections? They are fast and swift and they move against the trend. This fits the dynamic that played from 3k to 8.5k. Let's call this wave B. Usually this is followed by wave C............ MFI on the weekly was not this high even in December 2017 and that's saying something. Stochastic is in the overbough region as well. RSI is oversold, however, since this is the weekly chart, it could go higher. If it doesn't, however, it could leave a lot of room for a slow bleed down to 2k. Sentiment is high. People asking when will alt season begin (are you kidding me? BNB from $5 to $28, $81 to $250, LTC $22 to $90, if these past few months were not alt season then I don't know what is. I was able to make all if that wasn't alt season then I would be speechless. So we can say that greed is pretty high at the moment. ETF was delayed yet again but there really aren't extremely bullish news all around. Now will a move to 2k happen? I wouldn't bet money on it, however, I don't think that bear market is over. At least not yet, not enough information to suggest that it has. So far indicators point at these past months to bee just a correction. I've enjoyed the right so far and now I move to the sidelines (USDC). If prices go up oh well, less profit for me (but if the bull market has started plenty of opportunities will come), but if prices fall from here then I could wait out and enjoy another bearish phase. Remember, you have to play the market, don't let the market play you. Don't follow the herd mentality, use logic and doubt everything, has the bottom been retested? Why resistances were blown at the first attempt? Why hasn't a real correction, even on the daily chart occurred yet? Would it be healthier a steady increase with corrections in between or a fast and strong impulse with no real correction in month? Why are indicators all signaling extremely oversold conditions yet everyone is yelling bull market? To summarize, there is no (not enough) proof to suggest a bull market is underway. Some indicators make me believe that we are experiencing a correction upwards, before continuing another fall. Couldn't hurt waiting on the sidelines after few months of nice profits, for more profits there will be plenty of opportunities if this is truly a bull market.
BNC:BLXShort
by UnknownUnicorn3272583
1