Etherum
$ETH - Etherum DailyAnother correction period for Etherum as it has had a great run the past few weeks. It has finally pulled over the 50 period moving average and kept the run, though as everything goes up a correction eventually comes. Etherum though has started to slow a little bit. The Heikin Ashi candles are getting smaller, though still below the 20 period moving average and the BB% shows a slight uptick. Bearish volume right now has slowed, but there is still a chance the correction may continue. May be a false signal of a trend change, but we will have to wait another 24 hours to see if it does.
If the correction continues, first area of resistance would be near 613 by the bottom bollinger and if it continues to drop past that, the 50 period moving average would be the next support area near 562. If the trend does change, first area of resistance is near 706 then 813 before another possible correction. These values can change as the support and resistance can changed based on averages.
ETH 5 waves up complete, now on ABC correctionETH looks to me to have completed 5 waves up.
ETH looks now to possibly be working on the C wave of the ABC correction.
If so, it would appear we have a few options.
1. Bounce off 38.2% retracement in the mid $660's (this would be a 1.618 C extension of wave A as well). It would be very bullish if ETH bounces here and then clears recent high of $838. We'd be looking at a significant upside potential since the next wave would be the start of impulse wave 3 (target of $1386).
2. Bounce off 50% retracement around $614. Again, if we clear the recent high of $838 very bullish.
3. Bounce of 61.8% retracement around $562. This would be a very significant bounce target as impulse wave 1 frequently retraces 61.8%. Even if we don't clear a new high, a buy in this level could likely be profitable for at least a very short term trade. 61.8% pull backs tend to get at least a temporary bounce, even if does not go on to create a new impulse wave 3.
If the above zones of support all ultimately fail (I'd call failure to break $838 a failure), then I'll be looking for ETH to possibly retest recent lows ($350's) or even lower.
However, if ETH does ultimately hit one of the above targets and then moves back above $838, then the assumption is that ETH is working on wave 3 up and a 1.618 extension of wave 1 would give us wave 3 targets between $1283 and $1386 (depending on which retracement level ETH hits).
Top Altcoins Buy Before Consensus 2018 (+Altcoins Market Update)This is our last chance to buy up on Altcoins before Consensus 2018 (the annual blockchain technology summit).
Every year, the cryptocurrency community holds this event. The entire cryptocurrency market tends grow big time after that. So get ready.
Right now we are having a healthy correction right before this event, which is good, as this prepares the "soil" for the growth that is about to happen.
A correction removes all the weak hands, allows the market to breath, welcomes in new buyers and gives us new room for growth.
We started to check the different Altcoins that are going to explode once the Altcoins market Bull Run start. I am expecting for this bull run to start Mid to Late May (in just a few weeks from now). With this correction we are having now, We/You have the opportunity to buy in, rebuy and reload on all of our favorite Altcoins.
You can find all of our active trades by visiting my profile here on Trading View: Alan Masters on Trading View
On top of our many great trades; long term trades, let me mention some of the coins/tokens/projects that have the most prominent spots in the coming Consensus, which makes these very likely to grow more than others.
The Altcoins that will be getting the most exposure at the Consensus 2018 are the following (based on the time they will speak at the Consensus):
Monday May 14th, 2018
- People are really hyped up about Ark (ARK).
- Decentraland (MANA) and Bancor (BNT).
- Agrello (DLT).
- Stellar (XLM).
- THEKEY (TKY) and Civic (CVC).
- Litecoin (LTC) and AION (AION).
- Qtum (QTUM).
- Pundi X (NPXS)
- Zcash (ZEC)
Tuesday May 15th, 2018
- Salt Lending (SALT) and Polymath (POLY).
- BLOX (CDT)
- VeChain (VEN).
- MedicalChain (MTN).
- Zcoin (XZC).
- Circle Special Announcement.
Wednesday May 16th, 2018
- SONM (SONM).
- Etherum (ETH)
- Streamr DATAcoin (DATA).
- Emercoin (EMC).
- Waves (WAVES) (WCT).
- Steem (STEEM).
- Enigma (ENG).
Sponsors of Consensus with a tradeable coin/token)
Note: Remember, I am only sharing this for your information. These coins can become really good money makers for us in the weeks and months ahead. Let's continue...
Higher Sponsorship = Higher Exposure
Four Block Sponsors
*** ARK, SONM, NEM/XEM, Ripple, VeChain
Three Block Sponsors
*** Icon (ICX), QLC (QLC), Lisk (LSK)
Two Block Sponsors
*** Agrello (DLT), AION, Civic (CVC), Cobinhood (COB), Ethereum Alliance, DASH, Nebulas (NAS), Polymath (Poly), Zcash (ZEC)
Single Block Sponsors
*** Aelf (ELF), Bitcoin.com (Bitcoin Cash), Bodhi (BOT), Decred (DCR), Factom (FCT), Salt Lending (SALT), Santiment (SAN), WanChain (WAN), ZCash (ZEC) sponsoring the scholarship award
That's all there is for the Consensus 2018.
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Get ready for the action.
Enjoy the slow days.
Take it very easy.
Because soon we will start to get paid!
Namaste.
Ether (ETH) Trade by Alan Masters (200% Earnings Potential)Ether (ETH) does not need any introduction. Etherum has its own world within the cryptocurrency markets and is the biggest Altcoin there is; the biggest cryptocurrency after Bitcoin.
And for that reason, we are going to trade it and we will definitely profit from this coin. This will be very easy, all it takes is a simple buy, a waiting period and later we collect the profits; that's all.
Etherum (ETHBTC) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.068 - 0.075
Ether (ETH) Targets:
(1) 0.07765
(2) 0.09265
(3) 0.10475
(4) 0.11685
(5) 0.13405
(6) 0.15600 (All time high)
Stop loss: 0.062 (Optional)
CHARTS, SIGNALS & INDICATORS
Ether bounced strong from a bottom on the 4th April, it has been on an uptrend since.
- We are now trading above the EMA50 (magenta) and EMA200 (yellow) line on the daily chart. After a long retrace and a short period of accumulation, Ether is now ready to move up.
- After touching bottom on the 4th April, Ether has been on an uptrend since. You can see this marked by a green dotted line.
- The red dotted lines which are transparent, represent a drowntrend with the "log scale" on. The bright red is the downtrend line with the log scale off. The same for the green dotted lines, but they represent an uptrend.
- All the indicators are in the bullish zone.
- The moving average lines are also giving us bullish signals.
- The weekly chart looks ready to start moving up.
- I hope you enjoy this trade and make lots of money with it.
I wish that it is easy money for you. Just buy, set the sell orders and forget it.
Go out and relax and come back in a few days or weeks to check how things are going. I will take care of the rest.
Remember that if anything happens, good or bad, it doesn't really matter...
YOU DESERVE THE BEST!
Namaste.
Kore (KOREBTC) Stunning Divergence (487% Earnings Potential)I've been looking at Kore (KORE) for a week now and we are still in the same place, no real "change" in its average price and trading range, but somehow I keep on looking at this coin... why? We haven't been able to breakout, but I keep on coming back. The EMA200 line is working as a strong resistance, KORE has not being able to close above it on the daily chart for almost two months. But there is a good news and a strong reason why I am sharing KORE as an opportunity for us to trade and make easy money.
Let's start right away with the charts, signals and indicators:
- KORE has been trading above the SMA20, SMA50 and EMA50 lines for the past few days.
- Higher lows and higher highs on the MACD for the daily time frame as well as positive divergence - these are very strong signals (marked with a black bold line).
- MACD crossover on the weekly chart. As well as plenty of room available for growth on the MACD, RSI and STOCH.
- Low volume allows for massive and fast growth once this coin takes off.
I see strong possibilities of the next strong "burst" up to reach as high as 0.000659 BTC per KORE, which is our second SHORT - MID target, which is also an increase in price of over 60%. This coin has great potential. Another point, in the past, KORE normally rallies when Bitcoin is going down. I don't know if it will be the same this year, but this is just another good reason to diversify and hold some KORE before the next Altcoins market bull run. We can profit massively here and all we have to do is buy, sit back and relax.
Kore (KOREBTC) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.000381 - 0.000431
Targets:
SHORT - MID
(1) 0.000502
(2) 0.000659
(3) 0.000752
LONG
(2) 0.000899
(3) 0.001099
(4) 0.001309
(5) 0.001589
(6) 0.001953 (All time high)
Stop-loss:
(1) 0.000350 (tight)
(2) 0.000280 (strong)
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Have you ever seen money talking?
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The first thing is that money loves money. So money always talks about money.
If you want money, like money or need money. You need to meet money, to know money and finally be able to use, for your own benefit, and enjoy... MONEY.
How can you attract money?
How can you become, money?
It is easy... You just have to FEEL the money.
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Start talking, in present tense and in a positive way with positive feelings, about money.
That's how the money, for you, will start to grow...
That's how the money talks...
This is how the money flows!
Namaste.
>> ETHUSD << April 26th >> Long „Swing“ Setup <<Hey Guys and Welcome,
ETHUSD broke back above 60% price action area of previous week, we are following „Mid“-term Trend with a good RR.
Bearish drop last week taking out shortterm buyers breaking our Previous H1 Low, expecting a skyrocket here.
Long: 627.11
Sl: 578.49 (7.7%)
TP: 688.68 (9.7%)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
ETHUSD Long Entry- Retest of Demand area with volume at the FibA quick retracement after profit taking by the bulls. Successful tested the demand area at 530 with good stopping volume at the the 61.8% (38.2%) Fib level. Buyers are present! This gives a target of 833 which lines up with the supply area at this handle. Technically obedient which is nice to see.
#ETH $ETHUSD new analysis 4/5 #coinbase #binanceKey level for ETH, I just adjust previous long entry to a more aggressive one and little touch to the targets price.
To the short side, price is downtrend continuation, so as we seen before price can still break down, the same impulse will lead us to $215( yellow line ), my short targets are more conservative but I'm ready to keep trailing if $ 300 dont hold.
BTC. ANOTHER RISING PENNANTBTC draws another rising pennant and it's about to break down. This pennant is a right shoulder at the same time, so if the neckline (7850) not going to hold, we eventually should see 7200 which is close to the line of Cup&Handle confirmation. Stay tuned
* Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only *
Etherum Classic (ETC) Next Run (353% Profits Potential)Etherum Classic has been a great money maker for us. ETC is always making us money, and now the charts are calling saying that they want to pay us more.
Ok, we get it, let's look at the charts and see what is it that is coming... How it is that you should trade this coin.
Etherum Classic (ETC) Trade Analysis by Alan Masters
Etherum Classic is the original version of Etherum before Etherum first main hard fork. Out of this hard fork, an upgrade to the Etherum system, a new chain was created which is now called Etherum Classic (ETC).
ETC is in the top 20 altcoins by market cap., with 1.7 billions in market cap at the time of this writing and putting it at #17 on this list (which is sponsored by CoinMakertCap.com)... This can change quickly, either up or down, as soon as the market starts to move again.
Etherum Classic all time high (ATH) was set on May 22nd 2017. Based on this all time high, we will do some "calculations" to come up with the best targets, buy-in and other details for this trade. I will also share mid term targets for you so that you can sell for profits quickly if you prefer that vs long term.
Here is the weekly chart:
- Here you can see the ATH (magenta line and red vertical line for the date) plus the bottom price reached in the past few months.
- Positive Divergence and Accumulation on the MACD for the weekly time frame, is a strong a signal as you can get. To me this means that ETC will have a run up very soon, and we want to profit massively from it. So let's position ourselves.
CHARTS, SIGNALS & INDICATORS
Daily chart for Etherum Classic (ETC):
- The first thing that can be spotted by looking at the daily chart above, is the very long retrace and later even longer accumulation period. You can spot this on the MACD and by looking at the candles on the chart, they've been going sideways for a while.
- MACD & RSI are both curving up. Moving up slowly creating higher highs and higher lows.
- We are now trading above the SMA20 (green) line. SMA50 (blue line) will be our first strong resistance to break to move up.
- We have a confirmed breakout on the 4 hours chart and several other bullish signals.
- We are ready to buy & hold ETC, in order to sell on target when the time comes...
- Now, let's move on to the trade instructions.
TRADE INSTRUCTIONS
Buy-in: 0.0019 - 0.0023
Targets:
MID
(1) 0.00244266
(2) 0.00276666
(3) 0.00329666
(4) 0.00366666
(5) 0.00413812
(6) 0.00550666
LONG
(1) 0.00661314
(2) 0.00789155
(3) 0.00952000 (All Time High)
(4) 0.01422273 (New All Time High)
Stop loss: 0.00189
(This is optional. I do not recommend using a stop loss at this moment. If the price of Etherum Classic were to go down suddenly, I would just wait for it to bounce back since the Altcoins market is already preparing for a strong bull run in the coming weeks.)
Trade strategy: Buy, hold while you wait and later sell on target for profits. PATIENCE IS THE KEY!
Message: I Know You Can Do It... I Know You Can
You can do this or that. You can do everything you set your mind to.
You can be the king of this world.
You can be the Master, the Essence, the Money, the Flow...
You can do and be everything that you want.
Just focus on it, think of it, breath it, sleep with it and feel it...
I know you can do it... I know you can!
Namaste.
BTC UPDATE 4/11. Finishing E waveBTC finishing wave E which means we are at the highest price that will be available in near future. A small flag is not broken yet, but volume declining and we are right under resistance.
Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only
Bitcoin three days in a row in the positive.Bitcoin price for a while now has a stable price movement and low volatility compared from previous months, and year to date now a huge difference how the market moves, not just Bitcoin but also other cryptos. At the moment the price of Bitcoin is pushing against the resistance at $7200, if it extends beyond can reach another resistance zone 7600-7900. It is important to be noted, in the situation of low level of volatility and low level of volume to push the movements, we can see the price move between ($6000) $6450 and $7600, and the range for this type of market two months ago was done or broken in just hours in one day. Investors keep being cautious. At the moment as it stands below $6500 is a good buy and aim to exit above $7100. Be cautious at any time! Good luck. :)
Another thing that not helps at all is Mt.Gox former CEO comments saying lost confidence in Bitcoin, thou not mentioning other cryptos, he experienced Bitcoin in the worst way, this can happen to anyone especially in such new market as cryptos are, don't get cocky with one day experience in the markets!
www.newsbtc.com
Risk warning!
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Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You should first be aware of the risk and know what you do before you proceed with trading. Supplied information is not advi ce.
ETH about to break one way or the otherLooks like ETH is testing historical resistance.
Reasons to be bullish: Daily RSI near 20s, trend line support, no overwhelming sell volume, inverted HnS forming on the 4H chart
Reasons to be bearish: A common bear flag forming on the 4H chart, BTC inverted cup and handle forming on the daily. Last time BTC dragged ETH all the way down. I'll take a short or long position once we either break 410-20 with huge volume or fall through 360.
The market looks very uncertain, makes it hard to take any kind of a position right now.
BTC. Two scenarios. Waves and pennantWe reached 1st and 2nd targets, but never see a bottom or oversold conditions. I think we should visit 30RSI on daily and launch up. Most likely it will be a trendline that we made with recent bottoms ~ 6.5 - 7. Looking at 1H RSI, most likely we will see a wave 5, but it 0.382 Fib will be breached, we may go straight to the target
Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only
Update. BTC. Rising wedge broken. 5th wave should be on the way**Update:
We had exact same wedge right before this one(yellow lines from 8600 to 9800 and down to 7800 ~March 11-13 ), and now it's painting a bearish a flag. 8500 area has a lot to tell. Watch it closely. GL
Although most of the traders were bullish, and keep posting bullish charts, BTC 0.50% painted a rising wedge (yellow lines) and we successfully broke it. Rising wedges tend to come back to the base, so I expecting wave 5 and double-bottom before the real launch
Sorry for the delay. As you can see, I posted this rising wedge before it's got broken on Twitter and forgot to post it here.