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BTCUSD Short Term AnalysisAfter rejecting the $4050 region for the 3rd time yesterday, BTC sold off into the $3950 midpoint.This provided a nice short opportunity for any of the major cryptos. For now BTC has found support at the midpoint and traded back above the trendline support. I believe we may see a continued retracement higher, and a break through the $4000 level should lead to a continuation back into the $4050 resistance region. I believe many shorts jumped in late yesterday and a stop hunt could be in play to shake them out. And from there I will reassess the sentiment. However if we roll over here I am watching for a spike into the prior lows at the $3930 level, and a break of this support will lead to a continuation into the $3800 support.
BITFINEX:BTCUSD
by YMI
Enjin (ENJ) - The case to remain a holderTo continue my reputation as a bonafide ENJ shill, and a TA junkie, here's a chart. :) It would be pretty risky to buy ENJ here, but this is the case to not sell if you're already a holder. First of all, on the psychology front, Enjin has had a big hype cycle that concluded Friday at the end of a very successful GDC. This would be the perfect spot to sell the news, and there was a small dip. But volume stayed very light and reversed (so far) quickly. Second, we have 4 clear waves in place - surge, consolidate, surge, and current consolidation. 5 is typical, and I'm looking out for a final sharp surge. We did have a perfect 50% retracement (logarithmic chart) of the top to bottom move, which is healthy. All moving average are in their proper place, and the 13 day average, which serves as support in strong trends, is so far doing just that. Finally, we have an unconfirmed bullish symmetrical triangle forming. This could break down into a trading range, or some other standard pattern, but it's what I'm watching until proven to be something different. Standard measuring techniques would imply a final move to the 40 cent range, but 5 waves are often the strongest... ath is at 50 cents, I don't think it's impossible at all. anyway... here's the chart. It's a thing of beauty.
BINANCE:ENJUSDLong
by quentin.bomgardner
Whos your favorite CRYPTO TRADER? TORAY?We can see a triangle has formed here between our support line and our trend line, this indicates that price is been squeezed and we are looking for a potential explosion and a lovely bullish run. Who's your favourite Crypto trader? Personally mine is some geezer called Toray ( no I don't know him so this is not an advertisement for him, but he can pay me if he likes haha ) I have been following him for some time on Instagram and almost every crypto trade he gives out is spot on... I can see why he has nicknamed himself the wizard haha. It seems like he thinks outside the box in trading and in normal life to be fair which is good as there are too many sheep and fake as traders on Instagram who live in there mums basement whacking 1 off to EastEnders whilst drowning there sorrows with a cheap bottle of cider ( no I'm not talking from experience.... honest ) :p Anyway comment your favourite CRYPTO traders name in the comments... I bet TORAY comes up more than once.
BITFINEX:XRPUSDLong
by ApexFX_Pro
18
Getting ready to break TLI think the support level that price is currently sitting at is too strong to be broke, price is also at a trend line it has been using as resistance for a while, with these 2 factors I can see price breaking the trend line and moving up to our TP zone ( green box ) this is providing we can break recent daily highs. We ae long on XRP but we will be keeping a close eye on it and will notify our clients of any changes. If you would like to join our team then just send us a message.
BITFINEX:XRPUSDLong
by Apex_Gregg
3
Litecoin is about to make a big moveThat downtrend is active since last year, but there is a crossover on the daily ema's and the price is also above the weekly 8 ema acting as support. LTC has also broke a key resistance line (next key resistance is at $38-$40 zone. LTC is also in a uptrend formed since mid december. We cannot forget the fact that there is a block reward halving on 7 august 2019!! I personally think that we will see a good surge till the halving. But there is 1 problem with the LTC price right now. Low volume. But I am more on the bullish since then on the bearish. Love Yall <3
KRAKEN:LTCUSD
by Ahmedd38
2
BITCOIN: weekly OVERVIEW - Next station at 4.663? *19.11.18*Hey tradomaniacs, welcome to a weekly overview of Bit-Coin! I know, everyone is nervous but also scared to miss the chance before we go up to the moon. But it seems like we could still see some bullish momentums down to 4.663 - 4.000 before we might continue the primary uptrend in Januar 2019! Why do I think so? Because big financial institutions won`t stack big positions at this price. As always, the market will dump the retail-cryptoheads and cause panic sell-offs before they buy-in in order to get a BTC as cheap as possible. If you think BTC could be aa very nice alternative for the falling stock-market, you should rather wait since the signs for a years-end-rally at the Wallstreet are positiv. However, we will see what is going to happen. The market is currently still bearish! Don`t buy just because you "guess" and FOMO. Chill and wait for clear signals upwards. :-) Peace and good trades Irasor Wanna see more? Don`t forget to follow me! Any questions? PM me. :-)
BITFINEX:BTCUSDShort
by Trading2ez
Trading levels for 10/31/2018Nice day for the bulls, however, this rally represents another HL, the bulls have to take the 7000 level and/or the descending trendline to push this market higher. Tomorrow we will be looking for selling opportunities around R2, and if the market drops i will be looking to take some longs around S2. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
CME_MINI:NQZ2018
by UnknownUnicorn253835
BTC heading for sub-$5400I'm writing this while we are about half-way through wave (b) and wave (B) of a large corrective down-move. I expect wave (c) to be a strong one so $6600 is a reasonable target. Then, sorry to say, what is on the cards is a 20%+ move down for a 1:1 extension of wave (A) at least. If the recent bull-move from $5755 to $7410 was actually an wave B in a larger ABC move then $4800 is a possibility. We could also fall short, but a major decline in the short-term is the only reasonable scenario unfortunately. I have been hearing about $5000 and $4800 BTC for a few weeks and months. Looks like that's going to happen pretty soon - and they actually were right. Look all is not lost: 1. The market needed to shake out the speculators and this required a capitulation phase, 2. $5300 is right on what would be the lower trend line of a descending wedge if you link up the swing highs and lows since Feb 6th. This could imply we can expect the bounce back to have some strength if this is an ending fifth wave diagonal - the breakout would be expected to be upwards. Anyway, that is some way in the future... maybe. This is solely published for my own education - as there is certainly no incentive to keep doing this otherwise.
BITFINEX:BTCUSDShort
by flyinkiwi10
2