Ascending triangle on NXS. Could look to rally higher.Keeping it simple: NXS has reclaimed some of its key 4-hour moving averages, and is within a bullish ascending triangle. Price needs a more convincing break above 475-490 for better confirmation, but should we get a break out to the upside, my target would be 530-540. SL below the 50 MA on the 4-hour.
Moving average guide (all 4-hour for this post):
20 MA in Pink.
50 MA in Green.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Crytocurrency
RENBTC SignalRENBTC is near its previous support with an RSI that is rapidly approaching oversold on the daily and weekly timeframe. Aggressive traders can enter targeting a 50% - 61% fibonacci retracement.
Ladder your buys at: 430 - 425 - 420
Target 1: 0.00000448
Target 2: 0.00000469
Target 3: 0.00000510
Target 4: 0.00000561
Stoploss: 0.00000410
Is the bottom in for GLXY?
In my previous post I talked about the descending triangle that was broken to the downside.
It appears as though a bottom may be forming, not 100% sure yet. I expect to see a retest of the resistance at $2.20 CAD.
Time will tell per usual.
Possible sell if it breaks belowIf it breaks below this small flag we could see a sell down to .29 area, confirming an Expanding Flat. We can put a sell order below the low and a Stop above the high to reduce the risk (XRP can be prone to taking off to the upside with little warning).
BTC unable to hold $5300 area. A Potensial Drop For BTC 2 Weeks ago Btc is rallied and break the previous $4200 Resistance and touch the $5300 area.
And after one week of sideways. I see a probability for BTC to drop to certain level , because
1.BTC unable to hold the $5200-$5300 level
2,That grey channel on the left already broken by the price.
3.A signal confirmation on the right already formed
So i think Short BTC with Stop loss a little bit above of $5200 area and TP level at Red Horizontal Lines will be a good risk and reward ratio
Best Regards
And sorry for my grammar
ADABMB, Fib Levels, 14/21 EMA crossovers- cryto possible longSee fib levels.
The price seems to be ranging a bit now and really looking for some shift in volatility for price to resume upward trend .
1 hour chart see also RSI
ACTUSDT Fib Lines- watch for EMA crossover for poss long See fib lines, both past fib support lines were both .618 which is always interesting.
Watch for 14EMA,21EMA crossover for possible long position- would like to see both EMA crossover and previous high to be exceeded (it pretty much is close now but candle still been formed and just the shadow hovering there at the moment).
Peace and Love
GRSBTC SignalGRSBTC has been consolidating after a massive price movement on March 19th. We set a few easy targets in the consolidation range and two stretch targets in anticipation of a second upwards movement.
This is a risky trade - we expect BTC to make a move in the upcoming days. Respect your stoploss and use only a small amount of capital.
Buy: 0.00011060 - 0.00011080
Target 1: 0.0001161
Target 2: 0.0001303
Target 3: 0.0001633
Target 4: 0.0001955
Stoploss: 0.0001025
Tezos: Start Paying AttentionTezos fundamentals are looking strong as it breaks out bullish from a long weekly EQ pattern. Major Bullish RSI divergence. Increased accumulation volume. First on-chain protocol upgrade almost complete via formal verification!
If you understand 3rd Generation blockchain tech, you may want to start building a position w/ XTZ at these prices:)
XLM setting up for a rallyIf daily closes above resistance at 2338, rally till Bear Planet seems likely
BTC May Look to Repeat History (Again)BTC may repeat history by forming a third falling wedge pattern on its way to re-test the 200-Week MA. In any case, it is still possible for a final leg up towards the $4,000 price level for a final rejection in this bearish case.
Bitcoin Weekly Bearish Divergence so there is alot of bearish divergences.
1.from 6k to now on stochrsi that is so huge divergence.
2.Yellow divergence will be in play if this week btc doesn't close above 4060$ (rsi and stochrsi weekly divegence)
#playsafewithrado and with #stoploss
Looks Familiar ? Rounded Bottom in LTC !!One of the stronger coins, behaving like all the rest of the pack !! Back testing the break out point right now !!
XRP Spike & RetrenchmentAs you can see over here is XRP chart for the past 3 days. Starting with beautiful spike on 30th and immediate retrenchment on 31st Jan. Pretty much failed to hold long trend for at least few days. The reasons is unknown, however to utilize on current situation, There are 2 areas for long and short entry. This could be sideways for few days as according to volume indication; thus favors within the current range of price around 0.31 ~0.30. I would say if XRP manage to surpass the 0.317 resistance it would be an early long trend entry. On vice versa side, if XRP goes short below the 0.303 support area, price will be consolidated at range of 0.3 to 0.28.
It depends on how you going to trade it. This is only applicable for days trade. For long term (weeks to months) trade as we know crypto is accumulative game where it tend to pronounce sudden spike.
Long beyond 0.313 Target 0.33
Short 0.308 to 0.295
around 20 cents while stop loss 10 cents
Risk Ratio RR rate 0.5:1
Bitcoin (XBTUSD) price update for Wednesday, January 16th, 2019.News about Ethereum’s delay of the major Constantinople upgrade after Blockchain audit firm ChainSecurity, discovered a security issue with on of the changes, put pressure on ETHUSD price spreading panic thought the whole market with BTC moving below key level of $3570, where buyers showed up, trying to hold that level and increasing chances for a bullish scenario described in the last BTC Price Update. Aggressive short scenario from $3700 level works well at moment and Mr. Shadow is moving stop loss in breakeven zone, to not get caught in case if bulls gain more power, and show up.
See you tomorrow and best wishes from Mr. Shadow
icx road to monthly reversal pattern(alternate count)
if alts can blast off they can hold some of their gains as bitcoin later sees new lows.
i made a thread explaining this on my pinned twitter
updated play by play of icon trade in comments.
XRP long term chart Long term chart in the bitcoin pairing, fibbonacci retrace levels from the large rise last year, medium term and short term trendlines. Likely to break short term trend and fall to next trendline support.
Focus on the big picture !Buy Above: 0.00000230
Sell 1: 0.00000420
Sell 2: 0.00000689
Sell 3: 0.00001000
Wait the right direction for invest.
Stop : 0.00000175
Support to look forWith a double bottom both at Circle fibs and Margin market, still spot didn't cross the 4H MA, by crossing it, rocket will fly ! On the other side there is a very close support to look for as market could still go another trap !
Circle green dashed curve is the support to monitor, with MA also on chart !
If you like my charts show some sort of support please ?
XRP (Ripple) Possible Instraday Sell Set Up Well we got here is a descending daily and weekly CTL that has been broken in the last 2 weeks where price has been able to hold above it and form a daily structure and a first possible bullish impulse in a kind of wedge pattern but price s giving us soem bearish sign showin us a multi day rejection to the presented 38% fib leaving a consecutive sussetion of shadow indicating a dominating preassure coming from the sellers in the lower tiemframes so i would like to short it atleast to the bottom of the formed wedge and aim for a 4 to 8% as return t the 0.3770 area
ETHEREUM Weekly ForecastThe weekly chart:
So as Bitcoin, Ethereum' shows us on the weekly chart same bullish candlestick pattern called "Inverted Hammer". In the last week, Ethereum' got rejected from $240 and it falls back into the triangle. The triangle has formed from September and after the breakout from either direction, it is easier to say where the price want's to go.
Currently, it has found a support from the round number at $200, from the brown trendline which is pulled from March and from the triangle bottom trendline crossing area (together a very strong support)
The daily chart
On the daily chart You can see that Ethereum' still makes the lower highs but in the bigger picture, we manage to hold that higher low which is made October 11. Those lower highs and higher lows allows to draw the trendlines (upper and bottom) which together makes the Triangle. In last week we got rejected from the triangle upper trendline and from the two strong resistances (blue lines at $224 and $236). Soon we will see a bigger movement because we are approaching the triangle tip, where the price is 'smashed' together and it is ready to make a big move but which direction, let's find out those confirmations from the four-hour chart.
The four-hour chart (the major image)
Bullish scenario:
1. To be bullish we have to get support from the market and from the bullish Bitcoin'. Bitcoin' has to make a breakout from the $6,767 then we can say also that Ethereum' has an opportunity to make a breakout from the triangle (upwards), so, the first bigger bullish signs is the four-hour candle close above the triangle upper trendline.
2. The second confirmation comes from the EMA 200. If the price reaches into the triangle trendline then the 200 EMA will match exactly with this and they make together a strong resistance area.
So, a close above the trendline and the 200 EMA should guide us to the higher levels and the first targets would be the higher resistance at $236 and the August low - round number - at $250.
Bearish scenario:
1. A close below the round number $200
2. A close below the triangle bottom trendline which is currently also the major counter-trendline
3. A close below the brown trendline which is pulled from March.
As we've said it before, those criteria make a very strong price level which is hard to beat but if You see a candle close below the red line then stay away from the Ethereum', because of after that it probably approaching the 2018 low level at $167!
If You want to read our Bitcoin' analysis (visit VaidoVeek profile in TradingView) or If You are interested in the latest cryptocurrency news, coin reviews and breaking stories from the world of blockchain then visit our website! (The LINK is on the profile)
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Best regards!
