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Despite Fundamentals, RLC remains A Low Volume P&DI once held a position on this coin, but sold eventually at a loss because I saw that people were very quick to dump this coin. Unfortunately, even though the fundamentals may be strong, price action tells me that investors don't see any value in holding this token for some reason. This can also be reflected in their online community, which remains quiet. Investors do look at online communities to gauge confidence, whether you like it or not. This is sad to me because this coin has a great partnership and is indeed being used. Unfortunately, iExec has become a pump and dump coin and is in danger of dying out. What proves this is the HUGE sell volume on the recent pump that took it almost to the 1000 mark. Many people had sell orders up there, who have been eager to dump this coin for months. Unsurprisingly, it crashed down to support immediately after the pump. Until RLCBTC can sustain a price bump and establish a new support (ideally above 1000), I won't personally be comfortable buying into this coin. I also wanted to point out something interesting that I've noticed. Going back to the Spring and Summer of 2018, RLCBTC has alternated pump and dumps with ENGBTC. More recently, they seem to pump and dump on alternating days. Just a pattern I've noticed. Perhaps the whales enjoy these coins because they are low cap with a somewhat low supply. They also generally trade at low volume, so they're easy to manipulate. This is not investment advice, and I'm not a professional financial advisor. This is just an observation I made, and it is purely my opinion. However, I marked this as "education" because I think it's important for people to note WHY I sold a while back, as understanding price behavior is important when looking at long term investing. So far, I've been right in removing it from my portfolio, because it has since failed to sustain any sort of rally. Of course, that can change : ) This is crypto after all! -Victor Cobra
by VictorCobra
8
BTCUSD Time 2 Short?Bitcoin vs USDT has been trading at a premium of $200-$300 compared to non-tethered purchases through alternative exchanges such as Coinbase for more than 72 hours now, as traders continue to wait in uncertainty. While there still seems to be a fair amount of volume happening, the market is signalling a possibility for further downside movement before the month is over. Market sentiment is still optimistic but as we approach the end of year traders may begin feeling less patient and look to liquidate more of their position(s). Taking profits (or realizing a loss) prior to the New Year seems like a viable option for many investors at this stage as we await major developments in the space while lingering near the critical break-even price point for miners. In the midst of all the fundamentals that are affecting the market right now, we also do not have many bullish technical signs as of this moment. The market has continued to decline across 2018 and now that we are in mid October the signs are pointing to even more downside. A good target area as of right now is looking between the 72.4 / 78.6 Daily Fibonacci which are near the 6150 and 5000 Price Points respectively. After the most recent spike caused by individuals getting out of their USDT positions, the recent consolidation has also created more selling pressure as the candlesticks wind up with the possibility to mirror the recent big bullish candlestick on the bearish side.
BITFINEX:BTCUSD
by ZacharyHogan
3
Bitcoin History Repeat Again (REAL BITCOIN BOTTON)Again we are come back with our magic. The question is buzzing in bitcoin world that what is the bottom price of bitcoin after this ATH 19600? So here we just did a great analysis for bitcoin long term holder. so check this chart guys. Bitcoin first biggest rally started in 2013 and goes ATH at $1070 in JAN 2015. Further btc value decrease from Jan to mid july at 235. From mid July (first green circle price approx 235) btc biggest rally started from $235 to $19100+. Yes, there are many short correction between mid 2015 to dec 2018. Now We can see in next downtrend in Jan 2018 after bitcoin ATH $19100. Like same as 2013 btc started its next correction for its again highest rally. So btc can bounce from 4000-4700 dollar area(second circle) and 2500-3500 dollar area(thirst green circle. After that long term target 22000-25000-34000-40000. All possible if have any suggest please comment and don't forget to follow and share this chat in twitter. I did very hard work for u. Thanks for watching.
BITFINEX:BTCUSDLong
by cryptobitt
9
Tortuga V.3 Update showcase - 2hr Timeframe with Mock PortfolioHey everyone, this is the Tortuga indicator being showcased on the 2hr timeframe, 20 signals back, along with a mock portfolio. The backtest on profits showed a 14% gain on a trading stack and a 3.5% gain on overall equity. For leverage, the profits increased dramatically. I will be better showcasing this in other videos, I just had to pee the whole time so if I am all over the place - my bad. The Tortuga indicator is for sale, message me directly if you are interested. It has been backtested to be 75% successful in previous versions, for V.3 - it is 79% successful. Profits increase on larger timeframes. Thank you for watching, James
BITFINEX:BTCUSDEducation
by TheYeet
BITCOIN Test 5k Then 20kPlease read below The chart has all of the explanation on it. If you are too lazy to read, here is a summary of what I think: - Bitcoin will break down from 6k and test 5k -We will (I hope) bounce off of 5k (or 4k), and if history repeats itself, we will run hard at 10k, then 20k. All of the text on the chart (excluding callouts) is here for your convenience: 'A fractal is a recurring geometric pattern that is repeated at ever smaller scales to produce irregular shapes. Not surprisingly, these patterns can be found in the securities markets where prices and trends tend to repeat themselves.' This chart shows a fractal from June 2017. I believe this fractal can be applied to 2018. They key point in this is that in the fractal, and over bitcoin price history in general: PREVIOUS RESISTANCE BECOMES NEW SUPPORT On the leg up, we see two significant pullbacks. The resistance point of pullback #1 became support and price bounced off of it after breaking down from the descending triangle. The resistance point of pullback #2 became major support which held for 3 tests of the bottom horizontal in the triangle. So, as in 2018, price has formed a descending triangle pattern, with three major tests of the top trendline, all of them rejected. The fourth test of the horizontal support broke, and became resistance as shown in the callouts. So price broke down out of the triangle, and confirmed that the bottom horizontal has now become resistance rather than support. On the run up from the June 2017, fractal, we see two important pullbacks. As in the 2017 fractal, the floor of pullback #2 at 6k has provided a very significant support zone. Again, as in June 2017, descending triangle has formed with three major rejections from the top trendline of the triangle. Here we see 3 instances of the previous resistance/support at 6k providing strong support for the last 7 months Don't forget to like and follow as I will be updating this daily. Good luck everyone.
BNC:BLXLong
by ppkmtme
Bitcoin Feels Like a Shoe-In For $6.5k I could be wrong, so don't burn me at the stake - but here is what I see: If you’re looking at the 1D chart for Bitcoin, this is what you’ll see (at the time of writing). The downtrend resistance from March's high of $11.5k is still alive and thriving at this moment in time. Specifically, this zone is between $6.18k and $6.5k (approx.) Currently, it appears as though the $6.18k support is holding pretty reliably and that it will be the overhead resistance at $6.5k that will have to contain the price. It also appears as though the price is slated to eventually reach up to $6.5k at least. Relative Strength Index As you probably saw on the charts above, Bitcoin is officially oversold on the daily. Now, the intuitive assumption here is that the price will bounce up at “any time”. However, this is not the case in a bear market. See, when an asset is in a bear market, the RSI can remain oversold for as long as it needs to. On the contrary, when the price is overbought in a bear market, that’s a sign that a drop is more than likely impending soon. The oversold point is a naturally more frequently occurring phenomena in bear markets = main point+takeaway from the above statements. The price has been oversold for 8 total days at this point, and it appears that this will easily trickle to day 9 barring some extraordinary price movement. However, once again, this is not out of the ordinary for an asset in the cryptomarket to remain oversold for this much time during a bear market. Bears and Bulls Fighting One Another For Turf There is probably no picture that greater epitomizes the struggle between the bears and the bulls as this one: Here you can see: 1. RSI moving sideways. 2. Last two candles are clearly doji’s, which are indecisive. Conclusion I'm long obviously. We'll just have to see what happens.
BITFINEX:BTCUSDLong
by librehash
3
I did open a short pos on BTCHi all, I can not find that there is enough volume in order for the BTC to manage the breakout here at this moment so I opened just a short position on 25x EasyX Community: -We are a Community who help each other as good as possible, but especially the most recent ones who need to learn from someone who has already learned. -Want to learn more about Technical Analysis and to become a better trader? -We believe in sharing knowledge and learning from each other is the strength of success. -Gladly join the Discord Community - You are welcome :) - discord.gg - good luck all :)
BITFINEX:BTCUSDShort
by Porshy
VENBTC Is Set For A TurnaroundIf I was a betting man, I would bet that VENBTC is set for a turnaround. It has several things going in its (future) favor right now- it is showing uncharacteristically low RSI on the daily chart, it has performed much worse the last 2 weeks than most other top 50 cryptoassets, and it has just hit the fib retracement algo target from swing low to swing high. All of those are good signs for VENBTC, and this is a coin I am going to add to my swing trade portfolio with profit targets at the first two major confluences- 0.000383 and 0.000424. Stay frosty. -DY (Crypto 99)
VLong
by dannyyelverton
2
Smart money accumulation period isn't over.WhaleTank Here you have our next few days market prediction, We are well experienced group of professionals in the cryptocurrency industry, And our combined strengths gives us the ability to provide a highly accurate predictions. The chart shown here is extremely simple to understand, And follow. Website: www.whaletank.club Youtube: www.youtube.com Twitter: twitter.com Facebook: www.facebook.com Instagram: www.instagram.com Telegram: t.me
BITFINEX:BTCUSDLong
by deletedaccccccount
ETH Clear 4 Hour Equilibrium Tons of fake outs and wicks on BTC. Not as many on ETH and other names. Very clear pattern to be watching with no fake outs at this point. Looking for a break of this 4 hour tightening range sometime today to indicate continuation of the bounce or daily consolidation. Traders being patient and waiting for breaks if not already in positions, but must be cautious and watch BTC for potential fake outs. Last 2 days we have seen bull pumps 2 hours from now, and keeping an eye out for a repeat. Bull break of the 4 hour EQ will result in a 4 hour bull MACD cross which would have bulls set their sights on $500.
COINBASE:ETHUSD
by TheChartGuys
2
BTC - Your Guide To This WeekendWelcome everyone to the weekend. We have been waiting on what looks an awful lot like a inverse H&S to play out. We seem to have experienced difficulty breaking out of $6500. These shapes are rarely perfect - and with the bearish belief that we will go further down in price - many are sitting on the sidelines waiting for some sort of sign. The pattern still appears to be a very real play despite the sideways momentum. This pattern seems ready to break at any time - we will continue to move sideways until there is some sort of catalyst. $7200 in the next few days is the likely possibility. Will we see anymore "buy" spots in the meantime that we haven't seen yet? I don't think there is any evidence of us moving lower than the "head". I recommend to everyone who invests in BTC to hold back a cash reserve. If you look at BTC over the years - todays prices are a complete bargain - by all means buy up positions at this level as we likely wont see it again until the next "wave" - or maybe never again. Its buy time big time - but still hold some back! That said - weekends are unpredictable. The market appears ready to turn around - but some quick manipulation by the whales could always break the pattern and put us $1000 higher or lower in an hour. If its lower - make sure you have some cash to buy BTC - because regardless of what happens over the next few days - our next big challenge is 7200 and up from there. **I am a full-time trader. If you find my charts and analysis helpful let me know by clicking Like, Follow and Comment**
BITFINEX:BTCUSD
by rgeddes
3
BTC - When you realize that Mom & Dad are getting a divorce...If you haven't made the switch to charting Binance instead of Bitfinex, you should. This chart helps to show the volatility increase & improper swings on Bitfinex charts during the latest price movements. If you are charting neither of these, then let me educate you really quick as to WHY you SHOULD be charting one of these two (well.. now just one) : In order to receive the most accurate data, you should chart the exchange with the most daily trading volume, currently that is Binance sitting @ 4.88% daily volume via USDT (6/16/2018 - 8:01AM). The 2nd being OKex @ 4.20% (Smoke up bitches) and Bitfinex now @ 3rd place with only 3.49% of the daily trading volume (Source : CoinMarketCap , I would share the link but then I have these haters that report all of my stuff, so you're going to have to go find it on your own). Exchanges with the most daily traded volume are usually the ones that move the markets, thus providing the best / most accurate data. Anyways, it used to be safe to chart Bitfinex because Binance was sitting in 2nd place and the spread didn't make a noticeable difference, but now things have clearly changed. The safest & best exchange to chart, showing the most accurate data, is BINANCE (BTC/USDT). -Love, Wolfie
by TheWolfofPoloniex
9
BTC Finishes Right Shoulder And Keeps Dropping - Breakout Soon?So BTC again has proven that sound TA can predict most of its major movements. The entire right shoulder played out as planned and triggered some of my own buys in the 6500 area. We have fallen out of the H&S pattern - usually we see either a rebound or a decline at this point. Normally I would be bullish at this moment but there are more factors to figure than just TA. People are expecting a bounce down to the low 6000s before we move up. I am a believer in momentum trading when there are no other factors. Right now we have incredibly low volume with significant buy side pressure. I imagine some stops were tripped in the last couple of hours which accelerated our pattern playing out. I am comfortable buying at current prices but I don't think its unrealistic to see 6000-6200 before we reverse course. To be clear there are no clear buying signs right now - but its hard to imagine this bear market lasting much longer. I expect at least a temporary spike back up to 8k in the near future - breaking 7800 is going to be a challenge on the way up. If we haven't bottomed - I think we are perilously close. At current prices - with institutional money on the sidelines and the crypto industry growing at a rapid rate its hard to imagine BTC declining past the 6000 mark. My opinion is that we are in buy territory right now - i'm pretty sure we're playing out the bottom before BTC starts to put some weight on. It will be nice to see a turnaround - predicting tops are much more satisfying than bottoms! **If you find this useful please like or follow - I've been trading crypto profitably for years - hopefully I can help guide you to as well!**
BITFINEX:BTCUSD
by rgeddes