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Dropping

Tick,Tick,Tick Boom!The bears sharpen their claws, as the head and shoulders pattern on the one day chart gains attention. A break of the 1.60500 level will lead to an immaculate drop to the 1.57000 support area. The bad news doesn't stop there, the European central bank is expected to cut rates twice in the coming weeks, This may open the flood gates to the 1.55000 area. Its difficult to see where the bulls can make an attempt to strike back, for now the bears will be on the attack. Statton Capital Management. Russel Botha.
Short
by SCM2019
Never trust Volume Profile on Crypto.I just like to show you something I saw on Binance order-book. This is big buy orders (support lines) arrangement on Binance before they disappear from order-book. i.imgur.com One thing I don't like about Binance is they don't show the whole order-book or market depth. They hide the big part of it from public and this lets the whales do what they want. This is at time of current drop, there was a big buy on 6500 but they picked it up and let the price go down. i.imgur.com And this is current big buy order at 6400: i.imgur.com This is the reason why most of the time I put stop-loss under support line or Fib's levels they get filled then price go up. They pickup their big buys to let price go down and buy our cheap tokens then sell them a little higher to ourselves. Yeah. I must setup a trader BOT to save my money.
by nDman_sk
BTC Broke below Bearish TriangleBTC finaly Broke out of the Bearish Triangle pattern after 5 Months of consolidation! With the breakdown came the Sell Volume increase, which should take us down to at Test the prev. Low of 6k for BTC. We could see a short bounce before that at the 6500 lvl, but i expect a bigger Bounce at apx 5500-6000 range with a potential 25% return. Happy Trading ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
COINBASE:BTCUSD
by DonMaki
My opinion on what will happenI marked the chart and color coded the indications. Biggest thing is many Divergences in volume and buying pressure to price correlation . Prices are raising as buying pressure and volume decrease s. If you look back at Nov 2017- Jan 2018 raise and fall, there are very similar confirmations of what I have done here. Already tested 7800 and dropping to 6800s is what I THINK will happen. I am new to trading. I am open to any insight or errors to help better my techniques and skills! Thanks!
Short
by Xb45929
EOS Descending Triangle and Support Zone Bounce/Fall AreaEOS had a strong push from when i first took notice @$9.26. The hype on the coin was insane and it grew i think just a little too fast, but that is crypto. On the TA we have here im sharing an idea of the possibility of a strong short term support level being broken. I have added a possible outcome for the better towards the $18 mark but the EMA readings are not giving much hope on the 1 Hour Graph. Looking for a short term target within the next 24 hours of $16 if the supoprt level breaks with further falls towards $15 by Wednesday, this is of course always dependant on the BTC price which was not looking to strong with a pull back from the $10k mark. If the prices holds the intersecting mark of the support and the descending triangle then i think we can look for a push to break the trend line its starting to create. But is just a theory.
BITFINEX:EOSUSD
by KMacUK
Looks like that drop is happening after all. 8k, 7k or 6k?BTC did not manage to break through the downtrend line at 11,700 or 10,900. So we are still in a bearish trend. MACD has started curling down as well. The question now is, will it drop to 8k, 7k or 6k? In my opinion 7k is more likely by looking at the trend line in the MACD. Would be a great chance to stock up. These are just my opinion based on what I see. Please do not act on this. Do your own research before investing anything.
BITFINEX:BTCUSDShort
by GBBBKSA
If you Smart, you Don't Buy OMG ! Hello my favorite traders ;) I will be honest with you, BTC will keep going down for few days. You want to know what to buy ? I will be honest again with you. Usually, when BTC drop, the alts drop too. When BTC goes up, the alts goes up too. But, usually the alts gain more profit than BTC. Thus, we will buy BTC at its lowest. After, we will buy alts. I love beautiful big things. More than it's big and more than I like it. More than I have, more than I want. For me, OMG it's too small. It does not make me vibrate. I want something bigger ;) Personally, OMG is strong when BTC goes down because it haven't drop as much as the other alts. But, when BTC will go up, OMG will not go up as much as the other alts and BTC. So, if you smart, you don't buy OMG. You buy a others atls or hold BTC. This week end, I studded alts. My analysis is perfect, like me ;). When BTC goes down, You want to know what to buy? Add me on telegram ;) Free: web.telegram.org PRIVATE ROOM: write me privately here or my personal telegram : @JadeDD
by JadeDD
12
ADABTC Sell time and re-buy low if breaks triangle! Simple chart ADABTC Very simple chart here. The key feature if the chart is the descending triangle, with lower highs (Light blue Line), and the same lows (Black line). Price is testing the lows at present and a break here would provide you the ability to short if your holding. If you look on an Hourly, 4 Hourly or Daily Chart for a bar to break the black line, and then another to come back up to it, it you do this wait for another selling bar and you have an ABC, sell at the close of the third bar. Target is the redline at 0.0002633 where you buy your position back. Always remember if you want to make dollars your decisions need to make sense. This trade looks like it will break soon, please remember you are trading on potentially shorter time frames.
by DollarsAndSense
21
Case of The MOOOONDAYS: Bitcoin (BTC)Happy(or not?) Moooonday everyone! Hope your weekend went well! Unfortunately Bitcoin's hangover is not responding to fluids, aspirin, or even greasy food like mine did. Guess all the traders in Philly sold before they went to flip cars and climb light poles. No disrespect to Philly though, its my hometown(go Eagles yipeee!!) and it was a great game... But I digress. Onto the analysis. Observing the 4 hour chart, the price clearly took a major hit last night, dropping from ~9200 to a low of 7200. RSI is still angled downwards, with no sign of positive divergence... Even if there was, I wouldn't be taking it too seriously (see my Zcash analysis for a case of positive divergence which didn't hold up: ). The point is, positive divergence needs some other evidence if its going to be proved valid. Just like anything else in technical analysis, there is no ONE indicator good at everything. For the MACD, the short term average already crossed below the long. It doesn't look like it's looking to come back for a while either. Closest support is 6950s (Green dashed line) with closest significant resistance at 9470s (Red dashed line). There are a bunch of tiny supports and resistances in-between, but both of these levels have been tested many times before(even back in November on the 1 day charts). Overall, I expect that BTC could bounce back close to the yellow star(8200s), but do not be fooled. As we have seen, BTC has had many failed breakouts which have cost buyers thousands of dollars. Check my past post if you want to see an example of a very recent failed BTC breakout (). Fool me once Bitcoin, shame on you.... Shame me twice well, then ill stick with Ramen and save my money in a long term savings account with .00001% interest. After the failed breakout, I expect BTC to settle around its support at 6950s. Hope your Monday goes well! ^_^ -Doc
Short
by DontWatchDoc
USDJPY DROPThe bias of the bearish momentum is now back in motion. I have plotted all you need to know on the chart. head and shoulders. broken through a previous support region. I recommend you [ b]hawk the 4 hour chart and wait for a strong reversal candle once the price action reaches the baby blue ray i have plotted as that is what i will be doing . Don't let greed consume you. Make sure to trail stop and change it often reasonably. Watch out for any trend reversals, fib retracements etc.
Short
by samirtoro
WTI Crude / H4 / Market Continuations / Easy DropWTI Crude / H4 / Market Continuations / Easy Drop Let's get down to it. WTI Crude is forming a nice setup known as "Reverse Opportunities" and if you wish to see my last setup like this then check my GBP/USD charting which should be attached below. The market continuation sell entry is rather early and I prefer something much closer to my reflective charting. However, the only delayed factor in this setup is that crude inventories will give volume and those fill levels could be the next opportunity for retail traders money to be taken by the brokers, market makers, bankers, and institutional firms. Being that you do not understand my trading style or terminology...I have added a stochastic confirmation for you to use as well. The Stochastics is charted at the value of 75, 50, and 25 ranging from Level 1, Level 2, and Level 3. The blue line crossing through and below the orange line will trigger a price decrease so it's best to take your entry during this process above Level 1, Level 2, or Level 3. Level 3 is the early entry and 1st opportunity. Level 2 is the average entry and better opportunity. Level 1 is the greatest advantage and best opportunity. Much Success, Happy Trading!
TVC:USOILShort
by RealWilliamSaunders
3