NPXS good chances for further growth#NPXS
Pundi X is a real project with a good team of developers, which is used now, and since February last year it has been actively gaining popularity, increasing the number of its users. The situation in the global market has affected this asset in the form of a long-term decline and the formation of support around levels of 20-22. September demonstrated the phase of accumulation of volume for this coin, you can see a smooth growth of indicators and the desire of the market to break higher. In the future for several months, if the price does not go below 20, the market will increasingly tend to break down local resistance and touch 33, in the case of fixation above which, NPXS will reach for a higher resistance range. We recommend to pay attention to this coin and consider opening investments for a small amount of your deposit as close as possible to level 20.
Cryptowolfsignal
BITB growth, correction, growth#BITB
RSI in the scale of one week is still close to oversold, but is ready to rebound. On a 1-day scale, BitBean is already bullish and can continue its momentum. For a long time, the market fell and formed a downward wedge, a figure that indicates a subsequent growth. In August, strong support was found, and in September it was possible to overcome the upper edge of the wedge and rise to a higher level. Now we see the range of formed support, from where we will rise again in case of a fall. Globally, BitBean has a good chance of demonstrating growth from + 70% after such a long decline, and in the case of a positive attitude in the global market, it can make an impulse breakthrough in the range from + 200% to + 420%. We recommend you pay attention to this coin.
BTC likely scenarios#BTC
The nearest scenario for Bitcoin might look like this: we are within the rising wedge, which is a pattern predicting a further decline, but the current state of the market indicates the possibility of continuing to move within this wedge. Therefore, we can approach a tight resistance range, around 6900, from where the price should begin to form a decline. If at the moment the local support of the 6580 does not keep the market pressure, then there will be a scenario of premature exit from the wedge with a subsequent test of stronger support for 6400.
BTC good opportunity to open a short signal#BTC
The current level provides a good opportunity to open a short signal. With the purchase of 6900 and the extreme at 7100. Level 7350 is a stop order.
BTC short trade
opening: 6700
target: 5500, 5300, 5120, 4900
Stop: 7350
#BTC#BTC
In the 1-hour format, a pattern of bearish flag appears, which may indicate a short-term fall.
BTC short trade
buy at 6400-6490
Target: 6300-6210-6110
Stop-Loss 6560
#BTC On a 4-hour scale, bounce off the bottom of the Ichi cloud#BTC
On a 4-hour scale, bounce off the bottom of the Ichi cloud, if the current level holds the market pressure, then we are more likely to move to the upper limit of the cloud. If the daylight candle is successfully closed within this cloud, we will have the potential for further growth.
#BTC The price tests 50MA, which is a strong resistance.#BTC
In the 1-week format, the price tests 50MA, which is a strong resistance. To break through which, probably, the asset does not have enough strength. We can drop to the support level of 8100. In 6-hour format, we can roll back and get correction from the last growth of 61% (Fib 0.618 level), where we will form another impulse to continue the bullish trend. In the 1-week format, MACD intersects and is ready to move up, pulling up the price, as described earlier, Stoch RSI looks bullish. For a further positive scenario, we need to stay in the 8125 zone. If Bitcoin descends to the level of 7900, we do not recommend making a big purchase on deals with alts.
BTC monthly Bullish Engulfing#BTC
The market hovered at 8200 resistance, which is still not managed to break. In the short and medium term, the situation looks tense and we can still roll back to supporting the downtrend. But if you look at the 1-month scale chart, we see a very strong green candle, which indicates bullish absorption and is a good sign.
BTC Automated Strategy w/ Spectro™ +63% Profit 160 Days LOW RISKHey guys, I guess I got lazy since I automated my strategy and transformed it into Spectro™ M but I just closed a position manually to secure profits & I'd like to share the discoveries and the strategy with you.
I only used my Spectro™ M and it's tools: hypester.org
So here's the result after 160 days.
4 Wins: +71.42%
4 Losses: -4.37%
Comissions(Considering highest 0.25%) = 8 trades, 16 orders, therefore 16*0.25% = -4%
Total Profit: 63%
I know some people think that's not a lot especially beginner day traders that get hypnotized by the "potential" gains of catching tops & bottoms day trading.
After many years, I like to have my overall portfolio green consistently, therefore I like to hedge with all kinds of positions.
This type of trade was using rather conservative rules, therefore my risk was minimal.
Considering that the risk was minimal AND we're trading on a daily chart that allowed me to position myself with time and allowed me to get in with more capital.
Since it was a rather large position, I decided to start unloading it before the next sell appears, I've been only using the X Confirmation (the big red scary triangles)
Consider that I never go in with more than 25% of my account on one position - that was not the case considering the low risk of the strategy, volume, and timeframe.
Yes, some people say it will remain bullish until the SEC ruling on BTC -1.41% ETF's but...well like I said it was an unusual position, and I rather 60% in my pocket than 70% made of hopes.
Now, to the forecast, basically, you can see the big bad arrows never appeared before so that's a big warning side, plus we have the Specter Clouds appearing under the price not only pointing bearish pressure but corrections that might go all the way to 6900, and another strong support at 7570.
Plus Spectro Indicator Line is very far above the price action and that usually means a correction should come soon or at least a consolidation.
BTC -1.41% never seizes to amaze me and there's no SELL alert, therefore there's not yet a down movement confirmation, but like I said my conditions are a little special. That's why I'm classifying this as a NEUTRAL, not a short,
Just wanted to share how simple this trading system is.
If you want to learn more about it: hypester.org
LTCUSDEstamos esperando una correcion en el par...puede que estemos en una onda tres veremos hasta donde corrige, si respta la zona de fibonaccio 61.8 esperariamos un retroceso al alza para ir por la onda 5.
We waiting a trend correction, could we are in 3 elliot wave, we wait what is the down trend, if the downtrend stop in fibo 61, we will have a pullback corrections and we can go for the wave 5...we will see.
COINBASE:LTCUSD
Inverted Hammer CriteriaCriteria
1. The upper shadow should be at least two times the length of the body.
2. The real body is at the lower end of the trading range. The color of the body is not
important, although a white body should have slightly more bullish implications.
3. There should be no lower shadow, or a very small lower shadow.
Signal Enhancements
- The longer the upper shadow, the higher the potential of a reversal occurring.
- A gap down from the previous day's close sets up for a stronger reversal move.
- The day after the inverted hammer signal opens higher.
- Large volume on the day of the inverted hammer signal increases the chances that a
blowoff day has occurred.
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
LTC Hourly Equilibrium FUD dump on news led to an oversold bounce, top out, and now higher low on the hourly.
Looking for a lower high and tightening range for the morning to play out.
The break of this equilibrium pattern will be another entry opportunity if it breaks bullish.
Correlation very strong to BTC for days and only strengthens on high volume dumps.
Higher low set this morning breaking is a big red flag to bulls.
LTC correlation to BTC slightly favors bullsWe have been clearly correlated to BTC for days, but where BTC flushed under $14k, LTC held its support in the low $230s.
We have an oversold bounce underway and are likely to set a lower high.
It will be up to the bulls to form an hourly higher low and higher high with a bullish MACD cross to try and reverse the trend.
Still anticipating more solid % gains for the bulls compared to BTC when the momentum shifts and we see the bulls take over on the hourly.
Personally not playing anything aside from ETH until we see hourly higher lows and higher highs shifting the trend.
