QLC parallel channelQLC bounced of lower trendline and showing potential to continue moving upwards despite the fact that it has a lot of resistance above. That is not the most obviouse trade and so I won't be investing more than 5% of my balance into it but I still expect ~25% profit at least in midterm. It has very little time till breakout. Once happen we will see the future =)
As you can see on daily chart price is now at most volume occumulated area. If sellers will let the price through it it will pump.
Crytocurrency
IOTA may bounce or fallIOTA is at the bottom of the channel and worth watching for starting its up movement. Safer to buy after the price go above 8740. Even more safer above 9000. But if BTC start rising the movement may become a breakout and it will grow faster.
Stop loss below 8450. If falls you may catch it later at 8300 or 8150.
BTC Update: Newer lows coming soonThe consolidation flag may decide the future evolution of BTCUSD. Our scenario is bearish, short open interest is increasing suggesting a continuation of the dip. Targets are given in the chart, final target must be in the 5200 area, though a greater extension may be expected driving price towards 4900-5000usd zone.
There is a possibility of the beginning an uptrend in NANOBTCTechnical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002730 to 0.0001250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002730)
Ending of entry zone (0.0001250)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000423
TP2= @ 0.000497
TP3= @ 0.000570
TP4= @ 0.000727
TP5= @ 0.000912
TP6= @ 0.001097
TP7= @ 0.001360
TP8= @ 0.001696
TP9= Free
Bitcoin short-term movementBitcoin just crossed over first ATR line and changed it to the green (long signal 1/4)
RSIOMA signal line changed to green (long signal 2/4)
RSI line is very close to the middle line (neutral signal 3/4)
Heikin-ashi Smoothed changed from red to green (long signal 4/4)
3/4 Long signals
1/4 Neutral signals
Short-Term Market side - Bearish
Medium-Term Market side - Bearish
Long-Term Market side - Bullish
Risk of the trade - average
Position size - average
Bitcoin LONGOkay y'all, this market cycles has happened 4 times now, this being the 5th. First lets look at the phycological side, everyone is thinking we are going to drop to 5700 and lower into the 4k's and all that crap. I think we are going to keep in this ascending channel until 6900, then dump to 6100-6300. After that we may moon past 8k. That's just my opinion. I wanted to post this chart yesterday when we were at 6250, although i did share it with my discord. Ill post another chart and outlook whenever we pump higher to around 6700-6900 for an update. We had a nice bulld (bullish divergence) on the 4h, which brings the best movements from bulld's or beard's. I think we will go in a way that the Elliot Waves are formed. This is just what i think, if we break to 5700, then the chart is invalid, simple as that. Thank you all!! :)))
What is the next GREEN number? (Not red;)I see a big higher low on the higher timeframe, formed in the triangle that we start forming from the end of Feb, RSI confirmed , Alts are moving from +30 to +400%... I guess +37,5% (we are now at +13%)
I'm not saying it is going to explode, a little drop is still a possibility but I don't see it going below $6250... Otherwise short till $5000-$5500.
Good game to all!
Btc 5th wave coming to 8.5 / 8.7k?Saturday afternoon and sitting behind my computer trying to figure out what is likely to happen instead of what's possible. Something i have learned from allesio rastani. Great trader!
But we are not here to talk about him. we are here to see what might happen to Bitcoin -0.53% . So far Bitcoin -0.53% has shown an insane amount of strenght the last weeks and it has come to my sense that they aren't done yet. Specially after that beartrap they made and managed to keep above 8150 shows they aren't ready for a drop. i feel like we might see a small drop down to validate the inverted head and shoulders wich might gives us that base for some increased momentum to 8.5/8.7k.
It's not so stupid to think that since the rumor about the etf , price has surged up and now with the actuall news price has consolidated. I feel like price will continue to stay in the 8k zone and when the actual news comes out in september price might hit new highs. when it's not approved i feel like we might see lower lows.
For now. price might go 8080 - 8070 and than rally back up to 8.3k. if that breaks we can see a movement up towards 8.5 to 8.7k
This is eductional.
Best regards,
Sem -3.47%
4h chart for Bitcoin (Long position)entry price: 8305
SL: 8100
TP1: 8725
TP2: 8975
I think Bitcoin will hit 9000 in 2-3 days, so close position before it reachs 9000.
if it hits TP1, you can take 3/4 of your profit and move your SL to entry price.
Good luck and thanks for reading my prediction,
S1mpleTrader.
Bullish on DGBWill we see a repeat of May/June 2017? Key indicators pointing towards a bullish ascending wedge on DGB. They say they have the tech, let's see how this unfolds over the next few weeks.
ZRXBTC New Buy Order New Buy order on 0.00017047
Stop Loss on 0.00015876
What are your positions? Share with us in a comment!
BTCUSD: Bearish Bat Pattern CompletionPrice has completed a bearish bat pattern at key resistance. Selling Bitcoin with sl and tp as shown in the chart is a nice idea. In case price reaches the 1rst tp we move sl at breakeven to 2nd position
$LTC Want to go $90 in Next 15 days.. here is why Most People did not believe it would happen, and still don't.
I have a prediction that I have all been hit and I have got a chance to get my goal. i bought ltc at $ 7 dollar and sell my $ltc at 310 dollars. since the price is downtrend due to btc bearish.
While 99% of Trading View authors go with the Wind, changing their idea everyday, Moving Water stays on track, and now, Big Fall, first predicted on May 6, is ongoing.
LTC next target is hitting at 90-100 in th chart, hope it will hit like my previous prediction in my old trading view channel.
Follow Us here and get next move of big coins. Also the next move of ur coin on your demand. Direct message (DM) to me for the coin.
Trading levels for 7/17/2018Hey guys here are the levels for trading on Tuesday, What a drop!!! market came down right to support, and very close to its 50% fib levels, i think we might see some upside tomorrow, but be careful because it might be a sell the rally type of day, if that is the case R1 would be a perfect spot to start some shorts, and if price keeps moving south S1 it is going to be our first test to take some longs.
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.
BTC Moving Upward - Last BTC Chart - +2,096.82% Gain Last 3 yrsBTC has been moving sideways for sometime.
Most of you have purchased at this level and are waiting for the next wave.
If you have positions at higher price points I hope you have bought them down!
BTC is having the same problem it has had for weeks "failure to launch".
We've been in a pattern where we build up to 6800 and test the resistance zone and then bounce down to 6400 - get rejected there and end up again at 6200.
It looks like we hit the bottom for the last time - BTC looks ready to break out on a double bottom reversal which should easily bring us back to 6800 after we first break through the 6200 mark.
The only play right now is to buy, hold and wait for 6800.
The future for BTC is bright despite what the "experts" say. I've been involved in BTC since around 2010 - I remember when coins were less than a dollar - and when I first "sold out" at $1000 before it dropped to $500. Trading crypto is just as much psychological as it is technical. I believe in the long term success of BTC - as younger people begin adding crypto as an asset class in their portfolios we will see an influx of cash - not to mention the institutions . Year over year growth has been high despite these lulls where everyone questions what they are doing. Below is a chart showing BTC returns. As a long term holder - where else can you find results like this?
This is my last BTC chart - there are a lot of people providing this information already. Happy Trading.
BTC RETURNS
Last 30 days -$402.67 -6.07%
Last 6 months -$7,953.71 -56.06%
Last 1 year +$4,002.42 +179.27%
Last 2 years +$5,575.44 +845.23%
Last 3 years +$5,951.25 +2,096.82%
Last 5 years +$6,141.93 +6,594.30%
Last 7 years +$6,221.35 +45,348.11%
Another Big Triangle 7-2-18A break out from this formation, whether long or short, should be of interest if the past is any indication
|| $BTC Current Key Structure ||My thoughts on bitcoin structure.
FA News having no effect on price.
Crowd sentiment very bearish.
RSI and crypto trading - DASH example - 100% success rate?What do I look for when using RSI?
Using RSI, you can get a framework of when to get into a trade or not.
In my experience, this strategy works more than half of the time. So if you are using the proper risk, this strategy should be profitable. In this particular example, the strategy actually worked 100% of the time. Past performance does not guarantee future results.
1. Look for RSI to be reach an oversold level..the furthest below 30 the better.
2. It may be tempting to 'buy the bottom', but not yet! Instead, watch for divergence on a subsequent low. THERE is where you want to get in.... the second oversold RSI reading that is equal to or greater than the first RSI reading. Also, the price obviously must be much lower on the second RSI reading, than the prior lower RSI reading.
3. Set your target... Many times, the corrective bounce travels 1 - 2.618 times the price difference between the corresponding RSI lows.
For example: May 8 - RSI 26.6 and price $417
May 11 - RSI 28 and price $378
417-378 = 39
May 14 - RSI 65 and price $444
444-378 = 66 ..... 66/39 = 1.69
Also, as you can see, the 100 MA is a pretty good place to target.
AND RSI getting over 60 is a good indication is has run its course.
4. Repeat.
This is the 3 hour time frame, but I find this works in most time frames, it just depends on how long you want to stay in trades. It can also be applied counter trend bullish and bearish. When I see this divergence flipped, I use it to know to close a trade or reduce positions.
Hope I explained it well enough. Any questions or comments, please have at it. And a like and/or follow is much appreciated. My timing has been pretty good with these lately, but not many people are actually seeing the charts...
Thanks for viewing.
Travis
JMJ - UIOGD
ETCUSDT: Entering at the Bottom of a CycleEthereum Classic is a cyclic coin, ranging from $40+ at the top of its cycle and $10-$20 at it's bottom. It is currently sitting near the bottom of its cycle with confirmed upward momentum. We target prices at the 38.2%, 50%, and 61.8% of the Fibonacci extension from its previous cycle, with potential for 300% gains on a longer time frame. We recommend playing this trade safe and taking early profits while Bitcoin remains in a precarious position.
Exchange: Binance
Term: Medium Long
Buy 14.4 - 14.6
Target 1: 17.4
Target 2: 19.13
Target 3: 20.98
Target 4: 25.3
Stop Loss: 13.8
*Read this before you sell BitCoin (18 June 2018)BitCoin
In the mid/long term (6mnths and above), it is definitely in the DOWN trend.
But for the immediate term, it is priming for a great rebound. It can go back UP as high as $86,17 or $10,000 level.
At the same time, it will use $6,000 as base level/region of rebound.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Let's clean out the weak handsThis bears will find no rest until we reach 5000. Breaking the 6500 support line seems to confirm this proposition. So what, let's do it than. This slow decline is getting boring anyway. Go on weak hands, sell it all! So that we can find peace and get to start working. Okay, what's my point? We'll go further down towards the 5000 marker, a previous all-time-high. We'll find strong support there and move sideways for some time. Than we'll push upwards, testing 10000 and probably getting rejected. Back down again towards 7500 or even 6500, taking a huge jump to break through the heavy 10000 resistance and testing 12000. After that? I have noooouuuu idea.
NANO coin dying out ? or the Best investment opportunity ?For Lazy and To the point Readers :
Nano ( XRB ) Trade Idea :
Long : 0.00050 or Below (Step buy orders)
Short : Step Sell orders
T1 : 0.00055
T2 : 0.00059
T3 : 0.00062
T4 : 0.00064++
Risk : Lowest ( Safest route Investment)
Term : Short / Mid ( Depending on the Total Market Volume)
Invest : 10% or more of Your Portfolio
Fundamental In-Depth Analysis :
Salient Features of Nano Coin:
This cryptocurrency comes with a significant number of very unique features that cannot be found in other digital currencies. Nano possesses an adroit development team that is constantly working on making these features even better for the Nano holders. Some of these features include:
Resolving Block Size Issue: Nano’s ingenious block lattice code has managed to nullify the block size issue completely. This issue is one of the principal reasons behind the sluggishness of Bitcoin’s transaction and its efficiency. With the block size problem eliminated, Nano’s blockchain ecosystem can offer tremendous scalability to its users.
Universal Blocks: In a blockchain system, blocks can be classified into four different categories namely receive blocks, send blocks, change blocks, and open blocks. In Nano’s platform, all these four blocks are combined into one single block with all the features remaining intact. These blocks are known as Universal Blocks. With the help of these blocks, Nano users can take advantage of a much efficient, convenient, and secure blockchain network. These Universal Blocks also provide all important data to the token holders as per requirement. Nano holders can know their individual balances without any hassle because of these highly efficient blocks.
Free Instantaneous Transaction: Nano coin was introduced to resolve Bitcoin’s scalability issue. Hence, it is of no surprise that Nano provides an instantaneous transaction facility to the traders across the globe. However, such a high-quality service comes completely free of cost. Also, the latency of Nano’s transaction system has also improved significantly over the past few mo0nths which allow the users to upload account chains anytime they want.
Recent Nano Coin Developments:
This currency has recently published an updated roadmap consisting of various goals and targets likely to be reached by the end of this year. The most significant Nano coin developments in progress include:
Nano Wallet: Nano’s development team has been working on releasing this wallet for a long time. The wallet is supposed to augment Nano coin’s efficiency and acceptability. Once the Nano wallet is launched, it would be compatible with iOS, Android, and Desktops.
New Block Explorer: A new block explorer of this coin is around the corner which would shift its base from nano.org to nanocode.co. This new explorer would enable users to monitor the live coin performance on a more user-friendly interface.
Nano Wat.ch Application: Once this application is launched, the holders of this digital currency would be able to see up to 50 recent Nano transactions to keep track of their payments.
Current Condition of Nano Coin:
As of 31st May 2018, Nano Coin holds the 34th position on Coinmarketcap with a market capitalization of 565 million USD and coin price of $4 approximately. In the past few days, Nano has managed a conspicuous upsurge in its price with a percentage of circa 3.5.
Final Thoughts:
RaiBlocks was rebranded to Nano in almost the same time of Bitcoin’s downfall and one simple change has transmogrified its position in the market. Nowadays, security and scalability are major issues that most cryptocurrencies are working on perfecting. As Nano has incorporated this feature from the very beginning, it serves as an extra advantage. With the new developments around the corner, Nano’s blockchain system is likely to become even more impregnable and efficient. it is safe to say that Nano will have great 2018 !
Bearish scenario for $BTCRising wedge on the daily so I've set a target equal to the size of the wedge itself (7%) which is drawn in as the rectangle. We had the same pattern play out on the 4hr yesterday which I think has only served to add confluence to this larger pattern. I'm trying not to be bias here, I know I've been bearish for a couple of weeks now but I personally can't see much for a bullish setup apart from a double bottom bounce off the marked 7270 support level. I'll update if that plays out and mark out some targets I would be looking for if I were to enter a long position.
Thanks for reading.
@cryptoisascam
