Get started

Cryptocurrencyforecast

BTC update 9/29 Will Plan B's S2F prevail? Looking at the hourly chart we are currently bottoming out at the $41k level. For quite some time this has been a relatively strong support level. I see us hanging out here for the next few hours to day. Now, looking at the news some might be nervous due to the US debt ceiling and potential default. This is something that has NEVER happened before. I don't think it is a likely scenario. However, people will be selling and we will be buying. I read that Jaime Dimon has been pushing the FUD of a default. Now, when someone akin to Dimon says such stuff that means they are trying to push down the market so that they can gobble up your stocks/assets for a discount. What I see happening is that we get into the 11th hour and a deal comes up. This will send all markets up for a spike with crypto having a higher percentage versus other classes. As we enter October we will see if the S2F model is in play. All my indicators say we are likely to see a surge in crypto. The question is which will pop first. Will it be the alt-coins or bitcoin? Either way I'd say we have roughly 2 more weeks to really accumulate our coins before a truly parabolic shift occurs. With that being said, I hope you all have a good one and stay tradin! - J
COINBASE:BTCUSD
by JSKINVESTMENTS
$BTC - Everything is mathematical Here, I am using the logarithmic indicator which has actually provided good SR levels for price movement We bounced from it almost to the dollar earlier today and the last bull run was capped by it perfectly If this week closes below last weeks close of $57600 we confirm weekly bearish divergence on the RSI I believe that could take us back to 40K to completely clear those levels - which would take us to the centre logarithmic curve with a likely wick to 0.382 fib The EMA's are also scarily far away Eye's closely on price action today and weekly close!
BITTREX:BTCUSD
by InvestmentsHub
2
$BTC - OOF lots of liquidations last nightStinker overnight - 1.5bn liquidations on Binance. Wow. 18.5% drop whereas previous correction was 28% Could indicate further to go: Reclaim of this 3.0 MACRO fib would print a higher high, and could provide support BUT 0.618 fib and the downward trend line will be strong confluence of resistance 1W chart, if we don't close above last weeks candlestick high (line chart high) come Sunday midnight, we will have 1W TF confirmed bearish divergence - could take us to as low as 40K Today or tomorrow will be looking for 4HR oversold bullish divs for another entry, which may provide enough momentum to push above the high we need to get above come the end of the week Last correction moved much slower - not as big wick in the hour, but we had leg down, leg up, leg back down That leg up was capped at the 0.786 of swing high to swing low, in this case - $56,000 - could be good short opportunity Lets see...
by InvestmentsHub
6
BITCOIN Ready to turn down May Be 30% to 40% Pullback There are also several signs and patterns to consider for this 1st month of 2021. Bitcoin made All-Time High" (ATH) $34.8k, but since we see a correction. Everyone must be wondering how low it can go this time. ** RSI and MACD at 4H ** As shown in the figure, BTC has maintained a rising pattern since December 12. During this period, there were 4 pullbacks but did not break below MACD TREDN LINE. But this time there is a great chance that it will fall below ** Buy-in plan ** Only when it has not fallen below the MACD TREDN LINE, enter the field in Support Zone 1 $29.7k, and the upward target is ATH $34.8k **Sell plan** Below the MACD TREDN LINE, enter the field immediately, the down target RSI touches <70 start trailing, and the upward target about Support Zone 1 $25.3k
BITSTAMP:BTCUSD
by Day_Trading_Attack_Penguins
ETHEREUM'S NEXT STEPS...This is just technical analysis. Do not follow this trade blindly! Hi fellow traders! ETHUSD is currently 3.19% up from yesterday in terms of market price, seeing a surge over the past 24 hours. So, is it now time for a pullback, or to try and break through all-time highs? Personally, looking at ETH from a technical stance, it is currently in a parallel channel, where I believe we will see it float about rising till we look to hit around its first daily resistance region, which is around $177.00. This could occur in 2 ways, so I will go through both specifically. Scenario 1: (WHITE ARROWS) Considering this pair from the 4H chart (although the 1H is posted on this trade analysis), there looks like there is time to see some bullish price action, so we could see a bounce towards the resistance region of $177.00, and then a consequent sell-off as this resistance region has been a strong barrier for the bulls from the 11/04/2019. This could mean a pullback, as forecasted from the 1D chart towards the $165.25 support region. Scenario 2: (GREEN ARROWS) On the 1H, there appears to be a bullish hammer printed on the chart. This will pave way for bullish price action, but there is more to think about. The 1H support level drawn in a yellow box has acted as support of the past couple of hours, and I think there is a possibility that in the next few hours, this could break as it is retested. This could give way for a tap of the support line on the parallel channel drawn in blue lines, before seeing a tap to the upside. In the end, we are looking for an upside push! The main targets of this trades are as follows: First Upside Target: AROUND $177.00 Consequent Main Downside Target: AROUND $165.25 If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer! Please drop a follow! I need reputation points!!
BITFINEX:ETHUSDLong
by TheFinancialTRDR
Possible ETHUSD Short position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Ethereum has recently created a higher low!! Although this may sound like good news for the bull traders, this will be short lived. If BITFINEX:ETHUSD falls below the 122.00 level, we maybe in for another short move towards the 106.00 level.!! From my experience stay on the sidelines or short sell!! Happy trading :) Join our Mentoring Program TODAY!! twitter.com Follow your Trading plan, remain disciplined and keep learning !! This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BITFINEX:ETHUSDShort
by SMPTrader
When everyone stops to breath, it's time to load up!Dear Fans and Expositioners! When people stop to catch a breath, it's your chance to move ahead. I see a lot of peeps taking profits, and this is just 8 days before Consensus . Go figure? When people drop their precious ETH, it's time to pick them off the street. It's Christmas all over again. Are you scared of the dip? Do you fear it's gonna go further? Who cares. Is there any other liquid asset class today that could potentially return a 10x or 20x over a 2-3 year period? No there isn't. Crypto is the only game in town. Smart money knows this. You can trade bonds, stocks, gold or oil if you want - but this 'aint going to come around again. My-TA-sucks absolutely. Enjoy the ride.
BITFINEX:ETHUSDLong
by myTAsucks
ETH winds up like a LOADED SPRINGHey there fans and expositioners! Are you scared... NO.... are you ready YES! 2018 is Sooooo different from 2017. Last year, you mention crypto, and your grandma goes "wwaaht?". This year, you speak crypto, and they say " gimme some ". Have people lost interest? NO. Volumes and volatility much higher now. Look for yourself. Do you remember what it was like back in early 2017? It was like "what the heck is MEW". Things have changed. FOMO-virus is raging. Looking at the charts from when crypto really took off last year, you will see horrible-fud-like-short-term volatility preceding major, unspeakably, unbelievable increases in price. Yeah, even the biggest bulls had no idea. Well, I'm not gonna make the same mistake twice. Neither is anyone else. The bottom's out baby. Short term sideways movements are a buying opportunity (if you can hold your pee). I see ETH loading up like a LOADED SPRING. My-TA-sucks absolutely. No doubt about it.
BITFINEX:ETHUSD
by myTAsucks
Market Uncertainty Stalling Bitcoin at $9000We can see that on a technical basis the market is stuck in a symmetrical triangle and inside another possible symmetrical triangle. The predicted movement is up based on 4 hr and 1 day RSI but as you can see from 45 min RSI a fairly even amount of tight support and resistance between $9000 and $9300 has developed and volume is dropping off considerably as this consolidation happens. If we don't get a trigger to the upside this sideways price action could continue through the triangle or perhaps creep slightly higher. A breakdown below the downward trendline would open up a fall to the bigger trendline going back to March 2017 which suggests a major resistance level around $7500. As you would expect with growing uncertainty the "winner" will be whichever side doesn't capitulate faster. So if the market is feeling bearish then buyers might pull out much more suddenly. Given the current trend it seems more likely that we'll see a drop before we see a more definitive reversal. Many positive indicators have suggested that Bitcoin has hit a bottom. These include Tom Lee's new "BMI" or Bitcoin Misery Index, which suggests that the current misery level of holding Bitcoin hasn't been this low since September 2011. That being said, the BMI mainly suggests 12 month buying windows, which doesn't mean that much in terms of precision. Google Search Trends have been much more prominently discussed and over the last two weeks Bitcoin has flattened in relative search over the last 12 months at about 20, which is more or less what it was through the late summer through fall period of 2017. This could also reflect a bottoming out / consolidation period that allows some of the dumb money / speculation to die out while giving the technology more time to mature and grown organically. While downside risk at this price level realistically could be 67% based on a dip to $3000, that seems like a distant probability based on the current market sentiment and positioning within a sideways moving structure inside another sideways moving structure. It seems that with price stability sellers will be lulled into cancelling orders and a slow creep back towards the major $9800 resistance level could play out. Given this lack of clearly favorable reward:risk this would be the ideal time to play short duration intraday trades with small position sizes. However, over the last day or two this seems to have already played itself out and the end stages of this game is when volume completely dries up and price becomes totally stagnant. I'm watching the charts and BTCUSD has been sitting at exactly $9100 for 12 straight minutes now as of Tuesday, March 13 5:44 PM EST. Looking at the 45 min RSI you can clearly see a convergence where the market can't decide on which direction things are going to go. A negative trigger here seems more likely to push the market lower than a favorable trigger which is a reason to be cautious. When considering the Mt. Gox liquidiations, it's important to understand that the market moved dramatically higher from the point in which this selling supposedly started in September 2017. If we're to consider the risk of unbacked Tethers being used to inflate the market then it would seem these two activities cancel each other out to some degree. If we consider that the market could see more liquidations while no new Tethers will be used to inflate the market then this would point to a negative trend in the intermediate term. On a longer term that money could likely end back up in Bitcoin or the crypto markets so depending on the timeframe for distribution of those funds we might see another big buying opportunity like in February followed by a longer term bullish period. This would fit the historical model of Bitcoin growth. I would *GUESS* the reason we're stalling out around $9100 is because the market tends to see downside risk at about 50% while short term upside reward from that 50% level is $9100.
BITFINEX:BTCUSD
by powderpc
Ethereum - Where The Price is Heading Next?The Market is showing bullish momentum ever since The Price bounced from MA100 level and moved upwards from there. At the moment The Price is retesting Major Downtrend Line second time and if it manages to break upwards from here, then it would give us confirmation that the current trend will continue. Currently 1,000.00 is acting as psychological level and the importance of this level should not be underestimated. This level previously acted as support and has turned in to resistance. The Price could reject easily from this area. If The Price rejects from this level, it will likely retest MA100 level again and new trading opportunities can be opened from there with confirmed reversal signals. Partial Profit Target is 1,149.00 and Main Profit Targets are 1,236.00 / 1,400.00. If you need any help with trading, recommendations or where to search basics just feel free to leave me DM -4.95% in here or in my twitter. I try to respond ASAP! :) Happy trading! Things to Remember: Stop-loss orders are strongly recommended. Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back. Do your homework before investing. DISCLAIMER: Please be aware I am providing this trading information for your benefit and insight to my trading strategies. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing anything. Yarr The Pirate Crypto Cat
BITSTAMP:ETHUSD
by yarr
2
Need reputation to comment, so heres my LTCUSD idea (1st post) COINBASE:LTCUSD Just my thoughts on what may happen after the big LTCUSD break out.. Probably looking for a correction I'm guessing. These trend lines i'd take with grain of salt, but I feel like this could be a possible outcome. Lots of people calling the moon but I'd say as many bars it went up, it'll probably come down about that many. Very rough estimate on my chart as it's my first one. If you can just give me a like for trying, and some constructive criticism that would be amazing! Thanks in advance, Jeff
BITFINEX:LTCUSDShort
by cryptoismygame
6
RCN buy opportunity, hitting bottom of the channel.As for TA check out my idea in the chart. Some FA: RCN is a great project in my opinion, it can x2 in the near future (couple of weeks) and x10 at least (depends on market cap / btc and more...) by April (Full launch) At 15 / 16 jan, there's "news" to be released. RCN promised to release their beta by the end of the month. my prediction that at 15 / 16 they'll announce the beta platform release. Please do your own research before investing!
R
by JustJesus