Bitcoin; BTCUSD Last valiant chance to go long with stop closeBitcoin
A fantastic point perfect test of the parabola has held up
Bitcoin so far. It's rallied to 7150 and stopped, coming back
down to give a buying opportunity close to 7080, so look to
buy as close as possible witha stop under 7050.
If this ends up failing, we've had a valiant try and a faily small
loss compared to potential gains if this is the to be the low.
And if it isn't please refer to earlier comment for shorting
strategies.
Entry
USD/JPY - Aggressive 6H Entry (Trend-Change)USD/JPY - Aggressive 6H Entry (Trend-Change)
@: 113.692
S/L: 114.445 (-75.3 PIPS)
T/P: 112.130 (+156.2 PIPS)
Risk:Reward: 2:12-1
ENTRY: We have seen our 6H candle close -BELOW- our major trend-line indicating a trend-change. As well as our 8H and 1D candles of closed -BELOW- as well. We are looking to potentially reach our Minor Support of 112.130 area.
S/L: We placed our Stop +10 PIPS above our Minor Resistance area of 114.355.
EXTRA: Usually at this time of day the market can be kinda slow, and we can see a potential draw-down. However; we don't have anything to worry about. If price were to manage to get hit, we will possibly we in a trend-change to the upside and recover our loss if that were to happen.
*This is NOT a signal, we are NOT responsible for any type of losses you may encounter. For inquiries on our Advance Training please email us at TheForexClubFX@gmail.com
Bitcoin: BTCUSD Last chance for low risk entry approachingBitcoin: BTCUSD Last chance for low risk entry coming up
See how the old (now dead) rising support line is still trying to kill anything that comes near it? It's still toxic...
You can see why day traders are wary of it, especially as it coincides with fixed overhead supply at the same 7350 level.
(This stuff takes too long to write and too damn often what I think is about happen, HAS hapened by time it's finished
...very trying, especially as Bitcoin moves between 10 times and 1000 times faster than any other instrument on the planet.
It was already on crack. Now it's doing steroids too. It's Jaws on crack and steroids and we've got it on the hook...maybe
If you were slick enough to get long lower maybe you were slick enough to exit too??? If not, it's OK.
We need to move away from that old toxic rotting line of rising support/new resistance, the left-overs from an old trail, to
stay in outlaw-chasing mode....well there's not much selling going on from 7350 so far...ideally Bitcoin will trade sideways
to down for a while and start to build support off 7260-7245 range and from there start to rise again. Look to buy/add
from this range if tested. Will still be using a tight stop though just below 7220 just in case that old resistance line proves to
be so strong it''s unsurmountable. If it gets struck, the risk is about 50 points. The potential reward is incalculable at present.
It's the only financial instrument in the world you can say that about. Everything else has it's value, pretty much. Good luck!
Great entry to go long on DNT!Really nice chart. This coin had its pump and was then dumped and is now back for business (lol). Anyway, volume is descending whilst the price is making higher highs which is a bullish sign. Marked possible resistance levels with the blue line. Don't take the yellow line for granted it's just there to visualize things. In fact, we will probably see a more sideways chart.
But the point is that this looks like the perfect entry to go long on DNT. They have a very active and transparent team.
Triple top downside breakout LTCBTC trading plan.
The general alt context is the one of a very strong correction. Some major cryptos broke (yet) historical support levels, LTCBTC -4.43% just broke the 0.010 line that supported the price since may.
It confirms the Triple top pattern. The trade has, seen the context and the major break, an high probability of success. We well use the maximal amount of money allowed by our money management.
Black lines on the Charts represent the different magnet levels given by ichimoku (Use higher TF flattened SSB -0.22% levels), the -20% level is the target given by the Bulkowski rules for tripple top patter trading.
We enter now as the break happened and add on pullbacks till 0.010 AND on rebreak lower. This alt counter rally is EXTREMELY strong. I see no or few pullback coming. Stop slightly above 0.010. The plan is to trade only this leg down for the moment.
Trade risk reward is around 3.
We'll be cautious around 0.0084 as a resistance stands at this level.
5 LTC entry indicators Coin - LTC/USD
Entry 50.25 & 51.70
Targt #1 - $69
Target #2 - $79
Stop - 46.75
5 Entry Reasons
Strong FA
LTC is a highly traded Alt coin with one of the largest most consistent growths for the year. The fundamentals are strong and Charlie Lee is very committed to the crypto space and the LTC project.
Elliot wave -
We have completed a full market cycle and seemed to be in a horizontal consolidation pattern after the bear correction.
RSI -
When BTC was at its previous ATH of $5k, LTC reached an ATH of $100. On the retrace BTC dropped to 3k and LTC down to $40 which showed more drastic overselling. Since then it has continued in an equilibrium pattern with lower highs and higher lows which is a sign of strong consolidation. However has BTC has completely retraced and gone to new ATH, LTC is still at 50% of the ATH(imagine BTC being at $2,500) and supported by the .236 Fib while the RSI had a double bottom on the over sold
Trend lines -
As we know trends are strong indicators of market direction. There is a long term bullish trend line that supports our purchase point that dates back to march. Also the bear trend line broke around 9/25
Volume -
We had a significant increase in volume after our entry launching our trade in the direction that we want. Volume brings momentum.
All of these alts hide in the shadow of BTC. As long as we don’t see any major sell off in BTC then we should be able to continue has planned. If we have any major BTC sell offs this could drastically impact our trade and stop us out, or cause new entry points.
Big shout out to @sean_vengan who posted this trade first. This is a live trade for me at the posted prices. Excited to see how this plays out!
Shitcoin: SANUSD This is a nice RoC / SRoC entry setup which has often good r/r with a high pivot chance of the low here
WTI 1d reversal, MA crossunder, retesting S/R area - After struggling above the 52.00 handle, price retested 49.50 S/R area,
which was ultimately broken, strong momentum.
- Price stopped at 49.00, currently retracing and retesting the 49.50 area.
- MA crossunder has already take place.
- Sell retest.
ULTA 1W CHART ULTA BEAUTY INC ENTRY LEVELAfter an RSI bearish divergence, market reached uptrend line.
Entry level is suggested over MA100 cross for a R/R of 2.4.
28% Profit in 1 year.
This is a save bet in order to diversify your portfolio
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
ZECU17 ZECBTC 1D CHART ZCASH FUTURES ENTRY SIGNALZECBTC -5.56% , currently on an uptrend channel , and bouncing from support zone , sets the possibility to open a Futures contract. Leverage and volume must be safe according to the portfolio holdings.
Current market conditions could lead to Range instead of a Trend Reversal, so Target, must be flexible. This is an early attempt to go long. You could also wait for further confirmation of price reversal.
Make sure liquidation is under support according to your leverage.
Fibonacci Retracement levels from May-June rally are also shown considering daily close.
A first target is shown in the graph at 0.093. Opening a limit-sell position of a percentage of your contract could be useful to break even early if market´s volatility within the rising channel joins our team.
On weekly trend, Stochastic RSI is moving north with plenty of room, and on a good volume .
Comments, and opinions welcome.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
BTC/USD Possible re-entry level EVEN trend is BEARISH!News from china hasn't made trading any easy!
BUT We have to look forward for possible new entry levels!
These are opening for us new opportunities for longs!
Entry level should be in between 0.5 and 0.618 FIBONACCI levels BUT above MA20 which is the orange line.
From my calculations which you can see on chart. We will see probably bounce upwards before or after 25th of this month.
I have drawn blue line to continue MA20 to demonstrate when we will have trend change.
Why I think this is ideal entry level?
- MA20 HAVE BEEN PROVEN TO BE VERY GOOD SUPPORT LEVEL as YOU CAN SEE.
- I have pointed it out with green arrows and when we will bounce again.
- People do value BitCoin and have survived before from the crashes.
Worse scenario we had so far within BitCoin?
No I do not think so. Why? Do your search!
Feedbacks and comments are warmly welcome!
-Yarr
QTUMBTC 4H CHART QTUM ENTRY LEVELSQTUM, currently sitting on support offers nice gains perspectives.
Symetric triangle broke on the uptrend, but it seems so far it was a false break. We can expect further decline, or a bounce back to uptrend.
Entry levels are shown in the graph. 9/13 is an important date for QTUM that could lead to new highs.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
IOTBTC 4H CHART IOTA ENTRY LEVELIOTBTC pair showing strong signs of trend reversal, leaving downtrend channel.
MACD confirms uptrend and RSI is over 50.
Current price is a good Entry Level long-term, if you want further confirmation, enter the market as shown in the graph if uptrend continues.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
LTCBTC 1H CHART LITECOIN MARKET CONDITIONSBearish triangle pattern rejected by upper support zone and Fib Retracement at 0.5 just before completion.
RSI bullish divergence could lead to Bullish trend or at least Range conditions Between 0.015 and 0.017.
Entries by SB above 0.016 should be safe with inmediate target at 0.017.
A close above 0.017 will possibly establish a double bottom pattern taking market to 0.0185.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me