Get started

Ethbusd

BTC breaks through falling wedge as expected, what's next?BTC indicating higher chance to long vs going short (better risk to profit ratio to long) Previous Chart: Congrats for the win to all of you who are brave enough to hold on in your bullish conviction! I did only a 5x leverage as market was very choppy, but any profit is still a profit! My plan for today's trade: Yes yes, this will be one of them unpopular opinion of the day. Why are you shorting when we are all rejoicing!? Well, someone has to be the sane one to put the possibility of correction since we are now way overbought. Chart is self explanatory I suppose, you guys can check back historically on the 52k-54k area. At the moment breaking 53,000 will confirm BTC back to bullish, while breaking 48,000 will confirm BTC back to bearish. I am flushed at the moment just cashing out at 51,111. Will I short now? No, right now I am going to sleep and to prepare some last minute gifts tomorrow for my loved ones. I will wait a bit before confirming to enter another long or go for a short. Until next post, I wish you all a very happy holiday, and for those who are celebrating, Merry Christmas! The arrow icons are guide lines. It will not hit exactly on the same spot. Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point. 1) breaking the channel line means continuation of the current trend. 2) rejection of the channel line means reversal of the current trend. The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade. Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can, Thanks for stopping by to my post, hope it can help you better in your decision making. Please support my idea with a like should you find my idea helpful, it will mean a lot to me. Thanks and kindest regards!
BITSTAMP:BTCUSDShort
by Vestige
2
ETHUSDT Detailed analysisHello traders! After the record-breaking pump ETH is falling and it is in the first phase of drop. Ethereum is in a correction form and this correction will break the downside soon. ETH is now inside a channel and it will break this channel soon. We might see a fakeout first before a real drop. After my deep analysis, I came to know that there are many different types of resistance one of them is Magnetic resistance. Magnetic resistance is a line where the market keeps making patterns and these patterns are called reversal patterns which are caused by a magnetic line. In this picture, we can see three reversal patterns and I am expecting one more reversal pattern before any drop. We aim to sell till the True reversal point which is at 3860 and I am expecting a rise exactly from there so don't miss the opportunity to buy from 3860. Don't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
2
BTC losing its upward momentum, are we going to 58k?BTC is showing signs of bearish as it fail to continue its previous upward momentum. Risk to ratio wise is in my opinion, better to currently go short unless 62500 is breached cleanly My plan for today's trade: The last chart I made few days ago still hold pretty well, I actually used the same chart to make the short earlier today (at the dotted orange line on 62300) Should you follow my chart, the total profit was around $4000 on its way up and another $1600 if you short at 61699.99 like I did, congratulations! It then goes sideways just like what my chart has shown before it broke resistance but unable to continue its push upwards. I am currently still holding my short of 62300, will set it take profit at 60150 (near the bottom of the consolidation zone) with stop profit slowly lowered following the green straight line. I will leave this short to sleep, and at the moment have readied my long at 60099.9. It probably wont reach until here, realistically maybe to 60700, but I am sleeping so I prefer to play it safe. The rest is pretty straight forward. Short now - then long - short - long - short with the final one I think will drop us to 58 - 56k. I believe this chart should hold well for the next 2 days or so, if any change happen before then Ill make a new one to update it The arrow icons are guide lines. It will not hit exactly on the same spot. Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point. 1) breaking the channel line means continuation of the current trend. 2) rejection of the channel line means reversal of the current trend. The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade. Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can, Thanks for stopping by to my post, hope it can help you better in your decision making.
BITSTAMP:BTCUSDShort
by Vestige
6
BTC Completed its 4 HR HNS Pattern. Bear time?BTC just completed its 4 hr HNS drop and back touching the neckline. Whats next? My plan for today's trade: Sorry for the past 2 days absentees on publishing any new idea. I just hit a big profit with the last idea despite hitting a stop profit and decided to take a break for a while from trading (please always remember to take time off despite crypto trading 247) Everyone has probably seen that huge 4hr HNS and its now completed, along with the rebound back touching its neck. Most channels are already pointing downwards and I think we are heading towards the long needed correction before BTC can climb higher. I have just currently taken a short at 61699.9 and should a rebound hit, will further average my short at the orange channel resistance (top most red arrow somewhere around 63xxx). Should the HNS succeed, you can plan to take profit at the bottom of the light blue channel or near the blue colored marked buying area. I personally plan to hold this short for quite a while, hopefully up to 54xxx and from then on we will see how it goes. Should you decide to do a short as well, stop loss can be taken at either the green dotted line or orange dotted line depending on your risk appetite and portfolio management. Should you decide for a long, wait for the candle to hit bottom blue channel or when it hit the blue colored marked buying area. I personally feel a long is currently much riskier than a short. But please DYOR before making any decision The arrow icons are guide lines. It will not hit exactly on the same spot. Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point. 1) breaking the channel line means continuation of the current trend. 2) rejection of the channel line means reversal of the current trend. The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade. Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can, Thanks for stopping by to my post, hope it can help you better in your decision making.
BITSTAMP:BTCUSDShort
by Vestige
8
(ETH) COULD EASILY X3 TARGET : 8645 $Hello everyone ! 
 Today the Black Cat Trader is analyzing ETH on a weekly chart.  
 What we can see : 
 
 - Using Ichimoku : Prices are located above the Kumo (cloud). On today’s weekly candle we can see that prices are stuck between the Kijun and the Tenkan. The weekly Kijun actually gives ETH a good support, but prices are below the Tenkan, which acts as a resistance. The lagging span is above the prices / Tenkan / Kijun / Kumo. This configuration tends to tell us that ETH is still in a bullish movement.   
 - Using the EMA21 : We can clearly see that prices bounced on the EMA21 which gave a nice support at 2818$ on this weekly candle. 
 - Using the Pitchfork (Low 0,42 / High 1419 / Low 81) we can see that the intermediary upper line acts as a resistance for ETH and stopped prices with an absolute precision at : 4393$. Then, prices have rebounded on the median line which could give a good support to ETH. 
 - Trendline n°1 which was a good support for prices till 8th July 2019, turned into a resistance and perfectly stopped prices in the last ATH (4400$) 
 - Trendline n°2 works as a very good support for ETH. In a potential downtrend for ETH, prices could rebound on this trend line.  
 
 What we can expect : 
 If the prices manage to break the Tenkan and reach the previous ATH zone, then, we can easily target at minimum the « 1.618 » Fib extension.  
 - Resistance 1 : Intermediary upper line of the pitchfork - Resistance 2 : Trendline n°1  - Resistance 3 : Upper line of the pitchfork  
 - Support 1 : Kijun / EMA 21 - Support 2 : Median line of the pitchfork  - Support 3 : Kumo (SSA)  - Support 4 : Trendline n°2 (ultimate support) 
 TP1 : 1.618 (8.645 $)   TP2 : 2.618 (12.937 $) TP3 : 3.618 (17.230 $) 
 Keep in mind that prices could be stopped by the trendline n°1 and/or the upper line of the pitchfork.  
 IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER  
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
BITSTAMP:ETHUSDLong
by Hector_Bienvenu
BTC This is important and retail traders need to know!Good Morning traders! Todays update is back to BTC. Like I always say retail traders are obvious, they have a distinctive footprint. Mostly because hey don't think ahead in the markets. I can see a VERY obvious stop filled area, and the longer we build orders the more likely it is that we break through to the downside. By the time retail traders realise that they could have bought these areas they will be on the wrong side of the trade and they will be swept out as liquidity for a bigger smarter trader. As always trade safe EnvisionEJ
BITMEX:BTCUSD.P
by EnvisionEJ
ETH/USDT3400 coming soon ? .............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR
ETHUSDT 1hThe price ceiling has formed near the $ 3561 level and the price is slowly falling The first major resistance is close to the $ 3560 level A steady move above the $ 3560 and $ 3600 levels could increase the chances of a price climb. In this case, the next resistance will be close to $ 3680 If ETH fails to move above the $ 3500 and $ 3560 resistance levels, it could start another downtrend The first support in this downtrend will be close to the level of $ 3400 The next major support is currently forming near the $ 3380 area The main support is close to the level of $ 3335 and if the price falls below this level, the possibility of re-touching the $ 3200 area will increase Be rich and healthy
by shayanfb
4
ETH/USDT.........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Short
by Crypto-IR
ETH/USDTBreak out up ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR