My BTC buy prices March 2018On March 1, BTC finally was north of the major downward channel. There also was a potential inverted head and shoulders setting up, though not the best looking. But this was still a big test to see if BTC was ready to resume higher, or if more time was needed to find consolidation.
On March 5, XRP was (from what I could tell) the first to break above neckline of its potential inverted head and shoulders....and quickly became the first to fail. This gave me pause for the overall market. I decreased my overall positions, and moved into USD and USDT.
On March 7, LTC showed much more weakness. Though technically, BTC had yet to pierce its own trendlines, I saw this as a precursor, and expected BTC to fall back into the downward channel. I decreased my overall positions even more.
Here are the prices in which I am buying back in... 9138 and 8413 were already executed before publication. Next is 7736. Then my older buy levels from early February could come back into play, and those are 6818, 6260, 5884.
Also I have my buy price of ETH at 605, and DASH at 405.
God Bless
JMJ - UIOGD
ETH-USD
ETHUSD Approaching Resistance, Potential Drop! ETHUSD is approaching our first resistance at 425.81 (horizontal overlap resistance, 23.6% Fibonacci retracement, Elliot wave structure) and a strong reaction might occur below this level, pushing price down to our major support at 405.05 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (89) is also approaching resistance where we might see a corresponding drop in price.
ETHUSD (Volume Analysis Prediction 7/27/2018)Ticker: ETHUSD
Exchange: OKCOIN
Mid term signal: Outside the market
Coins for the first time in a long time out of sync with BTC
And obviously now there is a struggle for the price
It is important to wait who will win in this confrontation,
and then it is already worth looking for further signs of trend development
At this moment, do not rush to enter the position
I'm worried that the coin will stop going at the cost of bitcoin
But it is still too early to say
Final Resistance rejection. Strong short.Ethereum remains neutral on 1D (RSI = 53.261, ADX = 16.597) and just hit the last Lower High level of the 1W bearish fan (RSI = 45.125, MACD = -35.670, Highs/Lows = -29.6167, B/BP = -122.5500). Strong accumulated selling pressure is expected, which should this time break 420 and deliver the TP = 357.60 (April 01,2018 low).
Personal Memo part 2My previous idea was an extrapolation of the downtrend. It didn't go so down as expected, so... it's reversal ! Very good news.
We had a breakout of the 2 downtrend lines.
Now we are in wyckoff re accumulation.
Resistance: 480$, Support: 466$
It will take time, there is a hudge resistance above . I expect a breakout. It can come suddenly
Then a correction that will make the handle. and... GO ! Bears will turn into bulls. It will go up faster !
I'm often bearish. But now... It's bullish days :)
Ethereum Accumulation Opportunity. Since May ETH was in a downtrend. But after the reversal on the end of June an upward trend is already developing. If it can close above the major resistance at 490 USD it may have a probability to perform an elliott rally. Both RSI and MACD showing a positive outcomes in the near future. Besides this some volume spike might be needed for the boost. Other than that it would be a good potential entry for those who get this currency less than 500 USD at all. An easy 100% profit is expected in the mid term investing opportunity and plan.
Accumulation Target : 480 USD - 495 USD
Short Term Targets
Target 1 : 516.84 USD
Target 2 : 543.31 USD
Target 3 : 580.99 USD
Mid/ Long Term Targets
Target 4 : 621.30 USD
Target 5 : 672.44 USD
Target 6 : 745.25 USD
Target 7 : 838 USD
StopLoss : 403 USD
Good Luck.
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NEOUSD (Volume Analysis Prediction 7/05/2018)
Ticker: NEOUSD
Exchange: BITFINEX
Mid term signal: buy
And so, NEO follows the market as a whole
buy at the top of the trend - this is not the best idea
It is worth buying from a rollback, so we reduce the risk
And also increase profits
Now the coin looks better than the market, but in general it is worth being prepared that it will start to fall after the market
Enter: 38,84
Take profit 1: 42,00
Take profit 2: 44,90
Stop: 37,85
XRP / Ripple: The Illuminati coinRipple plays an an important role in the crypto space, and an even more important role within the finance industry in general. Ripples' products serve as an inter-ledger system, connecting crypto and fiat currencies, for easy conversion. As the xCurrent system gets adopted by more and more banks, like Kotak Mahindra for example, Indias largest bank, and as more wallets support XRP just like Wirex will in the next few days, will XRP be the one coin to rule them all?
The chart tells us there's great support at $0.45 - $0.50 range, but the biggest problem with this coin (for us traders) is that news and other fundamental influences don't do much for this chart. But that is definitely a great sign for the coin itself, when stability is concerned. This is what the banks want to see, is my liquidity going to take a shit if there's a lil bad news floating around, or will it hold up?
I believe anything under $0.50 will be a great buy for this coin. Hodl more of this long- a couple years long, unload for some profits early on tho. Can we see XRP at a couple bucks again soon? Maybe a Christmas present from Brad Garlinghouse?
ETH to re-test $800 (May highs)A clear break above descending trend line would indicate a potential re-test of May highs ($800) where strong resistance sits at around $600 and $700 respectively. If we fail to break descending trend line, will be looking to head towards longer term support from April lows around $380.
A second Chance to Buy in ETHUSD ...New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (440.100).
Entry signal:
Signal to enter the market occurs when the price comes to "support line" 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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm Forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 440.100 would begin in Midterm.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented the price from more losses.
The RSI downtrend #2 is broken, so the probability of resumption of the uptrend is increased.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11.
Total Profit: 1328174 pip
Closed trade(s): 707228 pip Profit
Open trade(s): 620946 pip Profit
Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit.
TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit.
TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit.
55057 + 132857 + 210257 + 309057 = 707228 pip
Open Profit:
Profit for one trade is 523.734(current price) - 420.243(open price) = 103491 pip
6 trade(s) still open, therefore total profit for open trade(s) is 103491 x 6 = 620946 pip
A second Chance to Buy in ETHUSD ...New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (440.100).
Entry signal:
Signal to enter the market occurs when the price comes to "support line" 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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm Forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 440.100 would begin in Midterm.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented the price from more losses.
The RSI downtrend #2 is broken, so the probability of resumption of the uptrend is increased.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11.
Total Profit: 1328174 pip
Closed trade(s): 707228 pip Profit
Open trade(s): 620946 pip Profit
Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit.
TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit.
TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit.
55057 + 132857 + 210257 + 309057 = 707228 pip
Open Profit:
Profit for one trade is 523.734(current price) - 420.243(open price) = 103491 pip
6 trade(s) still open, therefore total profit for open trade(s) is 103491 x 6 = 620946 pip
WANETH bottom is inGoing to go out on a ledge here and say bottom is in for the WAN/ETH pair.
This is a long term hold. Take profits target 1 is $34.