Accumulation stage for STORMStorm at day timeframe with exponential moving averages, that clearly show downtrend is ending and coin entering stage of consolidation. Support at 13-14 should suit be the best for accumulation. And hold for higher targets
Cryptotrades
ADA in consolidationADA has entered consolidation stage at day timeframe. It means that we may expect it to swing between ~450-510 until it breaks into one of directions. This may be used either to accumulate ADA at the lower border of that channel and hold till uptrend starts, or scalp it on each swing.
1) Swing trade plan - buy at 440-450 and sell at 500.
2) Accumulation - buy at 440-450 and hold till breakout. Targets 570-590 (may take up to 1-2 month)
Bullish scenario - price pullback to ~465-470 and bounce from there - it may be a signal that consolidation stage comes to an end.
P.S. Prices at Bitmex are more or less the same, but they renew chart regularly, so it doesn't provide enough information for long term planning.
Short term forecastExpecting a pump to 8950- 9080 ("Bart" pattern). Most probably will be followed either by consolidation stage and dump, or dump without any consolidation. The only way bulls can win that fight is to pump price above 9200 and fix there for couple of days at least. Anything else stay bearish. Below strongest support zones are at ~8550 and ~8250.
BTC long entriesEveryone expects BTC to dump and pump, like if it already happened... usually BTC does the opposite. In any case, below plan is for what we expect. Knowing that we may expect unexpected as well =)
What happened when BTC pumped on 25-26/10? It left a lot of shorts behind and they wait for the moment to join, before it grow for more. Market makers shorted above 10k and need to enter as well, but they need liquidity (panic sellers and market stops). We can't know for sure, how deep whales will have to push, before they buy enough, but given zones have strongest support. Since we are targeting the moon, buy range and stop loss distance is large, but that is a long term trade. Could be the last time BTC cost that cheap ;)
Ladder Longs (if all longs hit, that order and percentage should give you ~8300 average entry price):
Entry 1: +/- 8530 (35%)
Entry 2: +/- 8250 (40%)
Entry 3 : +/- 8060 (25%)
Targets +/- 11500 - 14000 - 17000 - moon
Stop loss below 7800 (~7%)
Safety measures: max. 5x leverage for 5-10% of your funds
Regarding shorting BTC - really risky. BTC can pump and will pump. No matter from which level it will happen, it will create a long candle, that will kick of stop loses and liquidate those without. Keep in mind there will be fake bounces, after which price will head lower, but SLs will be already triggered. So it is pretty hard to short it without taking too much risk. Best zone was at 9600, but we left it a long time ago. Now it is 9300-9350, but the risk of leaving getting knocked out is very high.
COCOS forming a bottomKeep an eye on COCOS - day chart vs USDT look promising. Once BTC stop falling, it should receive some good support. Can't say how low will dump, as it depends on BTC, but if price stay within current channels, it should remain bullish. Mid/long term trade. No rush
Buy zone 1/3 size +/- 980
Buy zone 2/3 size +/- 900 (av.cost 926, hold or sell <965)
Main target +/- 1150
Bonus targets 1250 - 1350 - 1440
HODL target 1850
Stop loss below 815 (~12% from average cost)
TNB consolidation channelTNB has a nice consolidation channel. Recent volume push price up from the bottom. If BTC won't start another alts massacre, it has a chance to test middle line at 35. If breakout, then top of the channel at ~39.
ETH reversingIf you look for liquidity, ETH could be one of the best choices. It looks bullish and reversing back up. Nearest targets 208-210. Next will be 215.
Might pullback, but that would be a good chance to buy more. Note it is slowly gainer - 5-8% is good profit here
Fundamentals: Ethereum hardfork on December 4th
Iost consolidation channelBounced from forecasted support. Now growing back to the top of that channel. Since alts look good, highly possible it will get there. Breakout targets marked on chart: 82 - 85 - 91. If haven't bought at the bottom, accumulate between 72 and 74.
BAT parallel channelBAT chart is good because it formed a nice parallel channel. When channel is formed price tend to follow its borders untill they are broken - then it will move into breakout direction.
Now price in the middle. Support at 2424, center at 2525 and resistance at 2626 (easy numbers easy to remember). Now you have a roadmap. Follow it. Buy support, sell resistance.
Breaking channel down will take price to ~2222 support. Breakout will meed 2727 resistance and then move towards ~2950.
Ethereum consolidation channelETH formed a bull flag at higher timeframe and moves within it till now. Current trade channel located between 181 and 189. Since higher level already hit, we may expect it to go down - and either bounce from channel middle line around 185 or go lower to channel bottom at 181. Bouncing from 185 will be bullish and gives a chance for channel bullish breakout. All depends on BTC which is not clear right now. I think it can drop to 8300-8550, but for very short time and most probably just a wick. If that happen, ETH can dump below channel border.
BEAM gaining bullish volumeBulls volume start to overgrow bears volume. Still under major resistance zone at 690-700, but already look like starting to reverse. Potentially may either pump or form a consolidation channel between 618 and 718.
BTC bullish pennantBTC bullish pennant at 1 hour chart. Yes, BTC often go against classical patterns, but with all the bullishness it gained, I feel this time it can go as expected - up. BUT always expect unexpected, when it comes to BTC =) So what we may expect?
Bullish scenario:
1) Bullish test of 9600 again and possibly ~9750
2) If breakout, it will grow to 10-10.1k
3) If last resistance is broken - target 12500
Bearish scenario:
1) Dump below 9300 will push it lower to ~9000-9050
2) Falling lower will take it to 8550-8700 (were two support levels but now its just one big support zone)
3) Finally, lowest I can imagine is 8300 support. Should be strong enough to hold the price.
Will BNB continue bull trend?BNB failed to get above 230 resistance. Spent 4 days trying to breakout but got rejected in the end. Now at 219-220 support. Will either bounce within nearest day of fall down to 213 - 210 - 207 support zones. Bounce at each supports bullish trend continuation. Going lower will cancel all the past achievements.
DOGE growThere is a tradition in Crypto world to say, that when DOGE start to grow, alts season begins. Can't say its absolutely true, but if you think of DOGE, as a symbol of absolute worthless coin having no fundamentals of future development roadmap, it becomes very logical, that if THAT coin start to grow, any other shitcoin should =)
NEO bottomedNEO doesn't make huge moves, at least recently. But now looks like found the bottom, so in case of hodling might bring some good profits.
Buy zone 1/3 size +/- 905-910
Buy zone 2/3 size +/- 888 (sell <900 or hold for targets)
Main target 955 (~5%)
Bonus targets 990 - 1050 - 1100 loss below 870 (~2.5% from average cost)
This is HOTAnyone feel HOT? Exponential moving averages show that HOT is close to potential reversal. Won't risk entering a coin worth 8 satoshi, but can't deny what I see - it can easily make 50%