BTC 4 Hour EMA Resistance Rejections Continue BTC Still low volume and weak, unable to get over EMA 12 on the 4 hour.
The volume is dropping off the last two days and likely to see a daily volume spike in the next two days for a clear break.
Bulls want a move to test the high of the bounce, bears want a move to test the recent lows.
This is a low volatility trading environment that does not favor short term traders, so we must hold off from giving away money forcing trades.
The bears are much more comfortable setting stop above the lower highs on the 4 hour, while the bulls doing the same with supports are much less comfortable.
Bulls are not proving anything and the lack of any bulls aside from the few hours after the SEC news is notable.
Cryptocoin
ICON seems to have build a bottom @0.00025 Thnxforthe tip aidanbI invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin-Gold
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account to be informed about what I do.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BASIC ATTENTION TOKEN - STRONG GROWTH = 27.98% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 27.98% PROFIT!!!
The increase in price may also be explained by positive developments including:
February 24: HowToBasic (Youtube Personality with 10 million subscribers) becomes a verified creator with Brave.
February 24: and Bart Barker (Youtube Personality with 20 million subscribers) asks his audience to download Brave.
March 2: Basic Attention Token announces a million dollar referral program allowing Twitch streamers can earn revenue with the brave browser and BAT!
March 20: Basic Attention Token announces Batify extension for Google -0.44% Chrome.
April 4: Brave for Android is nominated for a #webbys People's Voice award.
April 14: Brave hits 2 million Monthly Active Users and Distributes Million Dollar BAT Referral Program to Content Creators.
April 14: Brave added to all desktops at UC Berkeley, Open Computing Facility (OCF).
April 19: Announcement that the Basic Attention Token, the creators of the Brave Browser have secured a partnership with the Dow Jones Media Group (creators of the Wall Street Journal) to provide access of two years of free access to its Barrons.com website or to a premium MarketWatch newsletter. This is believed to change the online advertising landscape and one of the first validations of blockchain tech into online advertising.
April 19: It has also been reported today that Dow Jones Group has begun testing of Brave Software to replace it's reliance 0.62% on online ads.
May 4: Brave announces partnership with Town Square Media to monetize ad-blocking traffic and test blockchain-based digital advertising.
May 12: BAT/BRAVE Open New Office in London, UK; Presentations in Singapore and South Korea.
May 12: BAT nominated for Best Project in the Crypto Influencer Awards
May 30: Brave notes that it has 2.4 million monthly users, over 400,000 BAT wallets and 6,000 verified publishers including 11,000+ YouTube channels with over 180M subscribers.
June 14: The Wall Street Journal features Basic Attention Token in its "25 Tech Companies to Watch for 2018."
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
ETH 4 Hour EMA Resistance TestHourly higher lows and EMA support looks good, but a zoom out shows us we are battling 4 hour EMA resistance.
Potential for a daily inside bar to form today.
If we lose the hourly higher lows, we will look for consolidation and the need to form a 4 hour higher low.
Note all RSI levels have cooled off which opens the door for a potential leg down.
Currently riding small positions on the hourly uptrend and will exit if higher lows are lost.
Still cautious at these levels, just an oversold bounce at this point until longer term time frames change trends.
BTC 4 Hour EMA 12 ResistanceBulls break the hourly Equilibrium anticipated in the video bullish, and are trying to keep the hourly higher lows.
EMA hourly support, EMA 4 hour resistance battle this morning.
Note no RSI levels are still oversold as this point so we must be cautious of the potential of another leg down.
Daily inside bar is likely to form to be watching tomorrow, unless bulls impress us today!
If we lose hourly higher lows, that means we need a 4 hour higher low of healthy consolidation.
Currently still holding smaller ETH and LTC positions which I will exit if hourly higher lows are lost.
gulden bitcoin crypto, gulden.com to bitcoin uptrend channelAlso if we take a look at this bitcoin-gulden technical we can see that the gulden is ready to go further up and make some pretty steap swings. Also see my analysis on the gulden-dollar
Not also do I believe in the gulden coin from gulden.com but also if I look at the technicals I think there is a potential big upswing possible for this cryptocoin and cryptocurrency. The gulden coin is allready a used payment method in the Netherlands is is now expanding to other europe countries. Since it is still a very good price compared to other used crypto coins there are lots of possibilities here.
ETH Bear Trend ContinuesWatching the number of shorts growing in the market we are shifting to anticipate a final flush and V shaped climax some time in the next few days.
I will be watching ETHBTC and LTCBTC to see who is more oversold when the time comes.
Watching for BTC as the guide and leader, and the potential for a $6k climax flush will be something I keep an eye on.
Still extremely patient and waiting for a setup where it leads to a "This is brutal" reaction to signal the temporary bottom.
Until then we still watch EMA resistances for bear flag setups, highlighted in the last video.
Bulls need to continue to remain patient and cautious in this current very unfavorable environment.
BTC Dump Trend ContinuesWe are getting to a point in the shorts charts that we can say we are likely to see a big flush and V shaped recovery signal a temporary bottom.
Next time I find myself saying "This is Brutal" I will be looking to scale in.
I will play LTC or ETH if their pairing chart to BTC is oversold on the 4 hour time frame.
Continued patience until then as it could be any time in the next couple days.
Video yesterday explains what to look for on the bounce to determine if it is a bear flag or a bounce for real.
Starting to get excited with my pile of cash for the upcoming daily oversold bounce opportunity. 10-20% from the temporary bottom will be Easy if we get the V shaped flush I expect. Stay cautious!
$BTC - Bitcoin Analysis - BittrexOur friend Bitcoin is still so uncertain as to where it wants to go in the market. When we think were about to see another break, the bears come back and shut it down. I am sure many people are getting disheartened with crypto lately but this is a new market that is growing and not going anywhere, so this could be a time to not be in the market. Not having a position is a position. Gather some funds save some cash and get ready when the bulls regain control. People are out there to make money here and they will come back and buy.
So where are we at and where will we go? Hard to tell but I have the daily chart here with some standard EMA's, the 10, 20, 50 and 200 period exponential moving averages. We have the volume indicator, the Accelerator oscillator which i use to gauge momentum and the classic RSI. So where i support? On the daily we have support around $6434 and we are just above this point in hopes we have a hold here. If this fails the next is just above psychological support at $6k even. Right now volume is just below the volume average rate and we have a small wick on the bottom with a small bounce off thr $6434 support line. RSI is oversold with a slight uptick so i believe we will continue with some support here and see another move up, but it may be short lived. Until we see RSI above 20, we can see a continued decline. Where in a dangerous spot in my opinion. Lets look at the hourerly
If the bounce is successful, we have a lot of ground to make up with a lot of resistance to worry about. I took a look at the hourly chart and to see any real gains and see any start to a real rally, I want to see the hourly break through past the 10, 20 and 50 period moving averages which means we need to break up past approximately $6789. If we get a break past this point on the hourly, that stage one of a bullish return. Now i look at the 4 hour.
The 4 hour shows were still oversold as well. I have some Fib lines drawn only to use to see where the strongest resistance lines will be. If we break the above 1 hour targets, on the 4 hour, we will need a break of the 78% Fib line. This will probably he a hard-line here or we may not even make that line if and when a new rally hits as the 50 period EMA has crossed below this point. If the market turns and we see a good rally on the one hour, this could be a good sell target if we see resistance hit.
Worst case scenario if we fail any rally and break the 6k support the lowest I see we go is around $5850 as on the monthly this is the 20 month EMA average right now which gives me hope the $6k line will hold.
LOOM NETWORK: UPBIT LISTING & BETA LAUNCH - PROFIT = 57.47%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 57.47% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG .
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum DApps. This allows for the following:
- Deploy existing Ethereum smart contracts
- Improve UX with gas-less transactions and sub-second confirmation times
- Interoperate with Ethereum mainnet for secure storage of ERC721s
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
The price increase is the result of the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
ETH Battling EMA 12 4 hour Resistance ETH bulls took a step ahead of BTC with 4 hour inside bar bull break and test of EMA resistance on the 4 hour.
We have rejected the initial attempt and now consolidate as bulls try and keep hourly EMA support.
Keeping an eye on the bull 4 hour MACD cross closing in as well.
Lots of sideways trading the last couple days and the bulls are far from proving anything on the 4 hour and daily charts yet.
Still holding a smaller swing positions to prevent FOMO and allow for some smaller gains while waiting for more confidence before risking more capital.
Patience is the name of the game, with these slow bounces there is no need to try and nail bottoms.
BTC Tight Ranges Continue, 4 Hour EMA 12 Resistance. BTC traded over 24 hours sideways on the hourly before a move up in a short term spike.
We have now been trading in this new range sideways for over 10 hours.
We are seeing illiquidity, tight ranges, and not a ton of volatility.
4 Hour EMA 12 resistance is the next level to watch for any bounce attempts.
Loss of hourly higher lows will be a red flag that we are heading back to recent lows.
We will either lose hourly EMA support, or see continuation and a bull cross of these EMAs sometime in the next couple hours.
Bulls either have break even/ small loss stop losses or are waiting for more clarity on longer term time frames.
ETH Hourly Equilibrium is TightBulls still battling EMA 12 hourly resistance and must see another leg up for the bulls to negate the potential for a bear flag.
If we lose these hourly higher lows we are headed to $500 as BTC heads to $6,450.
Currently in small bounce positions and remaining protective against this scenario.
Bulls need to break the high of this bounce to give some confidence on the day and form a bullish reversal candle on the daily.
RSI levels have already cooled off a good deal though BTC still has lower levels.
Look for a spike in volume to give us clear direction this morning.
Remain skeptical of the bulls until they prove themselves with volume and resistance breaks.
BTC Hourly EMA 12 Resistance This is a key resistance level being tested that has rejected the bulls the last few attempts at bouncing.
If we reject from this level we can anticipate 4 hour RSI back in the teens for another leg down to test $6,450 support.
With a bull break over the high of the bounce attempt to this point, we will be looking up to the 4 hour EMA resistances next.
Bulls trying to pull off a bullish reversal candle on the daily but a long way until the close.
Currently playing with small ETH bounce positions but exiting on the first sign of weakness to avoid bear flags.
Watch for a volume spike to indicate a break of range highlighted on this chart.
BTC shorts continue to climb and some will be forced to cover if we do see bounce continuation.
ETH 4 Hour Drawn Out Equilibrium We are testing a bunch of supports in the low $590s, but they are not essential for the bulls to hold as even if they break we will still be in a clear 4 hour equilibrium.
This pattern is likely going to take until this weekend to break, and can be seen clearly on BTC on the daily chart.
Still holding a smaller swing ETH position which I will exit if we break this pattern bearish.
Looking for the bulls to form a higher low this morning and bounce as BTC 15 min RSI hit 20 and hourly RSI is oversold.
Now we have a tight weekly chart, and an even tighter daily chart.
Low views and comments in the video yesterday as the market fell asleep on low volume and trading range.
BTC moved less than $100 in almost 13 hours.
BTC Daily Equilibrium Snoozer of a day yesterday resulted in the least amount of views and comments on a crypto video in a long time.
This further gives evidence that if we break bearish, crypto will become a ghost town compared to what we have seen the last 14 months.
Pulling back this morning with 15 min RSI just over 20 and hourly RSI just getting oversold.
In the past few days this has been a decent entry point for small short term bounces.
Otherwise just like the weekly EQ, we patiently wait for this daily EQ to break this weekend.
Do not over trade in this space. Wait for breaks and volume if not in positions.
I have made 1 crypto trade in the last 3-4 days.
B I T C O I N BTC/USDT trend down, but most expect a reversal in great triangle. There are a figures: of the head of the shoulders (up), the pennant (down), the red triangle (neutral). Commodity Channel Index divergence with real value (down), Aligator (up).
Short-term(till 1 week)
See:
Short - if we breakout the 7260$.
Long - if we breakout the 7800$.
Good luck, comrades !
ONTOLOGY: STARTUP ACCELERATOR $1.5 billion - PROFIT = 49.04% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 49.04% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.
May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.
May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.
May 21: Ontology announces Pre-Release v0.8 of MainNet on Github.
This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI.
May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 million CNY.
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System.
Based on the Triones Consensus System, the Ontology team uses:
· ONT a cryptocurrency coin of main chain services.
· ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT and intelligent hardware.
June 1: Ontology Announces the Triones Node Incentive Model. This includes defined rewards for staking.
(NEW) June 1: Ontology opens up Triones Seed Node Applications.
(NEW) June 4: Ontology Launches Ecosystem Accelerator Program (Ontology Olympus Accelerator). The Ontology Foundation will invest approximately 1.5 billion USD worth of tokens, all of which will be used to support the future development of existing startups.
(NEW) June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
(NEW) June 6: Blockfolio adds support for Ontology.
(NEW) June 6: Ontology announces the first batch of the Ontology Advisors Group (OAG). The advisors will provide a full range of strategic and industry consultancy for the Ontology ecosystem.
It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
EOS: BITMEX LISTING & NOVOGRATZ STATEMENT - PROFIT = 35.13%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 35.13% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 6: Release of EOSIO Dawn 3.0 ahead of schedule which introduces improvements in performance (increasing the transactions processed per second to a maximum of 8000 TPS), compression improvements
April 6: Block.one signs $200m Joint Venture Partnership to Accelerate Asia-Focused EOSIO Ecosystem Development
April 19: Bitfinex announces full support for the upcoming EOS mainnet token swap
April 24: EOS Mainnet is expected to launch on 2nd June (33 days).
April 24: eToro (a social trading platform with over 9 million users) has allowed users to buy and trade the EOS token.
May 31 : The EOSIO launches the Bug Bounty Program.
May 31: EOSIO Stack Exchange site is now fully open to the public and community members.
June 2: Block.one (publisher of EOSIO blockchain protocol), and SVK Crypto (an investor in blockchain technologies), announced today that they have partnered to launch a new US$50 million fund to accelerate the growth and development of the EOSIO blockchain ecosystem.
June 1: Block.one Closes Record $4 Billion EOS ICO.
June 2: Block.one releases version 1.0 of its open source EOSIO blockchain software. This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
June 2: Block.one launches the EOSIO Developer Portal.
The general uptrend in the crypto markets as well as the positive developments outlined above (in particular, ending of the ICO and release of version 1.0 of its open source EOSIO blockchain software).
(NEW) June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
(NEW) June 6: Infinito Wallet adds support for EOS.
(NEW) June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
The general uptrend in the crypto markets as well as the positive developments outlined above (in particular, ending of the ICO and its listing on Bitmex).
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
ETH a Bit Weaker Than BTC This MorningETH has a couple spikes in bear volume the last couple days that have hindered the bulls a bit.
ETH has a bit more work to do to be as close to daily continuation as BTC is.
The ETHBTC chart is getting extremely tight with 3 daily inside bars. Watch this chart for the break.
Bulls need to see continuation today, and the ETH chart is much more split than BTC which favors bulls.
Some hourly inside bars to watch here for short term direction.
Added another small position on the 4 hour IB bull break last night, and will exit if we lose the daily low of consolidation.
Still mostly patient in the tightening daily range.
$NXS - Nexus Daily Chart BittrexNexus has been on a good rin and finally broke through the 20, 50 and 200 period moving averages. The 20 and 50 periods are still below the 200 though but a cross of the 20 day may happen. I have been waiting for a correction to look for possible entry and we may have it soon. Right now we have a large momentum drop and a lot of selling going on which is normal after such a bullish run. What i want to see though is support at the 200 period moving average and a crossover of the 20 period. MACD is trending down though and i fear this coin may crash though if the 20 period crosses thats two good areas of support. Once we test this line and see a positive move, an entry may be viable. We will wait and see if we find this support first then I will look for the next move.