#NEOBTC LONG - TP 1464If you're confused with this chart, there are bounds on the x and y axis that bound the trade which ideally leave the trader insusceptible to emotional responses. Ideally.
The top dotted blue line represents the TP @1464 sats and the vertical purple dotted line is the time stop which, when reached, invalidates the trading idea and the trader closes the trade manually.
As you can see, after the time stop was reached, the trade started moving in the pre-determined direction.
-How should this leave you feeling?
-Would you ignore your trading rules next time?
Likely, you would. The desire to make money is greater than following the trading plan for most. After hitting my head against the wall for so long with this concept, I made trading about discipline and patience. An exercise. Similar to a workout.
It's really no different.
So, tap yourself in the back for following the trading plan next time. That's the only way to reach true wealth correctly.
Follow the (your) plan.
Cryptocurrencytrader
$XRP Swell Didn't Exactly Help The Price...$0.24 We Go!Well. With all hyped up stuff, if there is no delivery it usually falls hard, XRP is showing that right now.
Looks certain to trickle down to 24c which is previous support. From thereon. I'll post a more detailed chart. Seems to be in freefall right now.
QRL possible breakout to 0.00004We can see in the previous idea QRL/USD that it is obvious what is going on...
Accumulation is still in progress but as the BTC slicing down we see that QRL community is defeating the market for more losses, Price is settled at 0.15$ per QRL, but as the BTC traveling to at least 6800$ we can see more rising of QRL compared to BTC.
$ETH Why I am HYPER Bullish on ETHEREUMEthereum is a programmable smart money. It is a cryptocurrency that is 2nd generation tech in the space. It has what is known as smart contracts that allow it to be used in a wide variety of applications. We've recently seen it being used in BONDS tracking and Issuing by banks. But also the future applications are pretty amazing,
I actually explained my opinion much better in this video :)
youtu.be
Bitcoin looks like it may break down if 55 EMA can't hold BTC will most likely retest the bottom of the triangle once again if the 55 EMA fails to hold up the price on the daily. Another retest could be the final push to get another leg down and touch the 200 EMA. We are slowly approaching the triangles apex.
Looking at a 9500 retest if 55 EMA breaks.
Looking at 8500 range if the triangle breaks downward.
DENTBTC has formed a bullish CRAB | Upto 380% expected from herePriceline of Dent / Bitcoin cryptocurrency has formed a bullish CRAB pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
RSI is oversold.
MACD is strong bullish and Stochastic has given bull cross from oversold area therefore it is not possible to for price action to break the 0.00000004 sats support.
I have defined the targets using Fibonacci sequence:
Buy between: 0.00000006 to 0.00000001 (Indicators are strong bullish therefore it is not possible to breakdown the 0.00000004 sats support)
Sell between: 0.00000012 to 0.00000024
Regards,
Atif Akbar (moon333)
BTC Free trading ideaBTC
strong support 10177
strong resistance 10260
if break up, we can take profit at 10400
Range from 10150-10500
Idea
Buy limit 10150-10200
t/p 10400-10500
s/l 10080
Sell limit 10450-10500
t/p 10350
s/l 10580
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BITBLOXX - CRYPTO MARKET UPDATE 17th JULY 2019It’s January 1st 2019, and you just read the news from 16th July 2019 (let’s just assume you can look through the future for this one time) that BTC has crashed down to $10,000. First, you will wonder if you are reading an extra 0 or the news is reported falsely? Then you find out that it’s all true and in less than 7 months’ time, BTC will “crash” to $10,000. Meaning, if you just hold onto BTC for the next 7 months, despite the crash, you will make a whopping 300% gain. Let that sink in!
Research suggests that over the period of last 10+ years, there have been roughly 80 days when buying BTC has NOT been profitable in the long run. That’s almost a 2% chance of someone buying BTC at any point in time over last 10 years and now out of money. Again, let that sink in!
In last 8-12 weeks, many people approached us asking if they should invest heavily in BTC and other Crypto currencies, and our answer has been the same, “wait for the right dip”. Today, on the 17th of July 2019, we firmly believe, now is the time to start thinking about it. Human nature makes us buy the rallying asset and avoid the falling one, whereas reality should be exactly opposite, but again this is why most retail investors lose money in any and every kind of market.
Now, let’s talk about the technical aspect and why we think that BTC is entering a sweet buy spot. The Fib retracement of recent $3k to $13k run shows that the price is entering an interesting 0.5 to 0.618 zone (green box in the chart above), coupled with a strong horizontal as well as 100 EMA support. That’s not it, the Fib extension shows, that in case of this validation, price can actually go as high as $19,200, which coincidently is right around the All Time Highest closing!
Fundamentally, BTC and Crypto are now widely talked about across the globe and financial industry. US Senate hearing on LIBRA is a step towards positive adoption of the technology and the biggest Industry giants are now working on it. BTC halving is also around the corner (May 2020) and history suggests that prices skyrocket well before halving as the mining economics change sharply.
Should you need any further info or our help in getting started, feel free to drop an email at info@bitbloxx.com.
BTC/USD Parabolic Run and potential upcoming resistance So far it's very bullish after btc/usd just breach 6700 area.. while it's price action rapidly going up it creating some kind of parabolic run up, sudden increased demand for btc and it still continue for now. which is creating a higher stake unto a potential bear trap or harsher retracement if the price action showing it's weakness. It's interesting when btc price action move crossing parabolic curve line ..
2015
2016-2017
2018
resistance #1 : 8400 based on past consolidation and past top price action
Resistance #2 : 9500 based on fibonnaci retracement past consolidation and past top price action
Support #1 : 7300 based on past consolidation and past top price action
Support #2 : 6700 based on fibonnaci retracement past consolidation and past top price action
Indicator
MACD, OBV and CMF still continue it's Bullish trend while there's a slight bearish divergence between some indicators and price action for now.
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
ETH Short Opportunity Coming Soon!Hello everyone!
Keeping this Ethereum analysis short and simple.
The price has been grinding higher on decreasing volume, and the daily RSI is showing bearish divergence.
The red line is the 200 EMA which we rejected hard off of twice, and since then have made multiple lower highs. I believe the dotted line in the center must hold for us to continue higher.
Given these conditions, I am currently short ETH with the targets of $147 and $135ish in the near term. I am short from $167.
A break with volume above $174 would make me bullish and I would consider entering a position if we have a bullish retest of the red line for continuation.
Until then, I see ETH (and BTC) retracing a decent amount. Overall, this is healthy price action and there is no need for alarm.
What are your thoughts and ideas?
Share them with me below!
Bitcoin Price Prediction:BTC/USD is a step away from $6000 retun 1. Bitcoin price in the second half of trading on Wednesday is trading in the green, holding gains of 0.22%, as the bulls resume buying pressure.
2. BTC/USD is making strong progress towards a return of the $6000 territory.
BTC/USD bulls are moving gradually through the sticky supply area of $5500-600 range. They need just one final push and the price could very quickly return back up to the $6000 territory.
**BTC/USD short time sell target 5170 and 5080 Area and Other side of long Buy 5060 level . 5060 level H4 200 ma Moving Average so good position for buy , target 5500/5650 and finally 5830 Area.
The largest digital asset was trending sideways between $5,100 and $5,200 prior to Tuesday breakout. Technical levels remain intact in spite of Bitcoin failing to move past $5,350.
3. BTC/USD bulls try to hold the ground above critical support.
4. The critical resistance lies with $5,500.
High: 5219.93
Low: 5129.19
LTC pullback to %50 fib levelWatching for LTC to retrace 50% of its recent upswing before continuing. Will long if we bounce off of that level, which is where it should also find support at the 50-day EMA. Setup is invalid if we drop past 34.48. Also watch for a reveral off of a higher fib level. $37.28 looks like a potential support as well.
Bitcoin Speculation: Potential Price Drop + RetracementI believe that even though there is starting to be institutional acceptance of $BTC with what is going on regarding Fidelity or the trends in the media, or even blockbuster films, Bitcoin is going to have some negative correlations soon. I been fairly bullish on $BTC for a while, and think it can potentially drop to $2500 somewhere between mid 2019, but still end past a $8000 price point by the end of the year. I am still HODL'ing all my $BTC as the poster child of the HODL community because I think the long term technological value has potential. Plus the higher the demand is, the more susceptible market growth will happen later on given $BTC is capped at 21 million coins.
Litecoin drops again and further to go!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Litecoin Is being rejected by important resistance levels!! Looks like we are heading back down again
BITFINEX:LTCUSD is down by more than 91% over the past 12 months!!. Litecoin has been rejected by the 33.800 level and If it drops below the 200 MVA, we are looking for another significant drop to the @23.200 level, thats another 30% wow!
From my experience stay on the sidelines or short sell!!
Follow your Trading plan, remained disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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