ETH Bullish and Bearish scenario TA and targets- QuantRsi 1D+12H- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published...
I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish formation with the potential for a big slide.
That said, there is also the possibility of consolidation and continuation to higher highs, with some pretty bullish short term targets.
Here are my targets and some narrative into how I'm using the QuantRsi and Heffae Cloud indicators to establish these levels.
Refer to the chart and related ideas for reference! Happy trading!
Ethfinex
Quick Daily View of ETH ... H&S in front!!Just a 3 minutes analysis of the daily chart of ETH.
Looks like an H&S is about to complete .. so..
If this succed.. Red target are marked below the price.
If this fail (as we have seen in other coins).. Green target are marked above.
Stop Loss 7.2% is just for have the max level can be tolerate to consider a failure of the pattern.
This is just for educational uses... cause Im a total newbie.
All feedbacks are welcome.
GoodTrade
-CJ-
43% of people don’t trust charities, but here comes AID!This is a coin I could buy a small portion off, and put away for 10 years.
Their mission is a problem I care about personally. Namely the transperancy of charities.
Fundamental
In this business money is made by the touch of a button and little to no work.
Most of us who have been here a while has earned more than we perhaps should. I feel it's important for moral reasons, and selfimage perhaps, to give back to those who really need it.
That's where charities comes into play. We give money, they use it for good. Sounds simple, but the field is a massive grey area. You don't always know if you're money goes where it should.
As everything in life, there are bad & good apples. I have some charities which I personally see as trustworthy, but I understand the massive scepticism out there.
Blockchain is transparency, and AID aims to bridge it with charities. That's a project I have no problem getting behind. Let's change the views of those 43%'s!
On February 11 I posted in Koinworld and bought AID:
imgur.com
It's a Bitfinex only coin. Lot's of money there, and I believe Bitfinex will only continue to grow as long as nothing major happens with them.
They are adding lots of coins and ETHfinex is live as well.
AID raised 14,333 ETH in their ICO (Hard cap reached) . Only 40% of their supply was sold, a big majority of the rest will stay locked I believe. So by rough calculations, a marketcap of 20M-25M.
A little bit below ICO price today.
"AidChain is a platform that provides an ecosystem of services through an easy-to-use interface, connecting the nonprofit community while allowing full transparency and traceability of donations. Donors, charities, causes, projects and many more will benefit from the services provided by the AIDChain platform."
That's what AID wants to do. The question is, will they be succesful?
Let's have a look at who is behind this, namely, CharityStars!
Which has raised more than $10M, supporting 500+ charities. CharityStars will leverage its network of 40,000+ donors, 200+ celebrities and 100+ brands to boost AidCoin and AidChain adoption.
I'll also add that 5% discounts will be given on auctions paid with AID. And I'll recommend checking their webpage if you want too look deeper.
So.. Sounds promising to me. We got somebody who knows what they are doing, and that's always prefered.
It's marketcap is relatively low, and I think the fundamentals support a stronger price.
If we have a look at the roadmap, their platform is set to launch in Q1. Do I smell some hype? ;)
Technical
Very new. ICO on 16 January, but already been on Finex a little bit. That's impressive, + it gives us a USD chart which is always nice!
Got some Fib's lined up with a couple of levels I am looking at, and a potential target. Pitchfork for levels to follow more on the daily, but it could quickly become dead.
Gimme some of that QASH!QASH is a product by QUOINE, which is a company I would like to invest in.
Therefore QASH has been added to my portfolio!
Fundamental
QASH might be a new product, but its created by Quoine, which is a leading Fintech company ( Started in 2014!! ). Making this a solid bet and available for long term hodling.
Quoine now boast 3 different platforms:
QUOINEX | One of the largest Crypto-Fiat exchanges in the world with over USD 12B annual transactions, and fully regulated in Japan.
QRYPTOS | Crypto-only exchange. QUOINE will open up the platform for all token issuers as an automated self-serving platform to list and trade their tokens.
LIQUID-QASH | We are now building a global liquidity platform for all crypto investors, token issuers and a new generation of financial services customers.
Qoute from website:
"We envision QASH to be the preferred payment token for financial services, like the Bitcoin for financial services. As more financial institutions, fintech startups and partners adopt QASH as a method of payment, the utility of QASH will scale, fueling the Fintech revolution."
More information about Quoine can be found at website.
And QASH at the LIQUID website.
Quoine has offices in Japan, Singapore and Vietnam . They where also the first global cryptocurrency firm to be officially licensed by the Japan Financial Services Agency .
There is a strong team behind, and its also funded by a solid group of investment firms.
Now, if you look at their roadmap , Quoine-Liquid ( Qash platform ) is set to launch in Q2 of 2018 .
In cryptotime , that's a really long time . However, I think QASH is undervalued , and if I have to, I aint afraid to hold QASH for long term.
QASH can be found on Bitfinex, Houbi, Qryptos ( Quoine's own exchange ) and Gate.io!
Bitfinex is set to open up registrations again before 15 January.
There is a lot of new money ( and speculation money ) that is looking for a home. Right now that aint that easy, so I expect surges in Finex coins this week.
Sadly though, Bitfinex recently added a bunch of new coins, which can end up dividing the money that hits the exchange.
It would not surprise me to see QASH added on either Binance or Bittrex though, so we got that element as well :)
I can also add that it's not far above ICO price , and it was an oversubscribed ICO!
Technical
Relatively new chart again, not that much to go on when we are looking for a target.
Right now my 4.618 extension fib is at 7.61 USD so for now that would be the target until new fibs can be established. Though I would like to hold on for something around 10 USD as I believe QASH has very high potenial.
We got some more clear levels around the price area that we are in today though, and the pitchfork should be reliable for resistance and support.
It's been 2 days since I bought QASH and told Koinworld about it. We have been buying between the 0.5 & 0.618 fibs. You can see the 0.618 has provided very clear support. Right now that level has been broken though and acting as resistance for the time being.
As last bullrun stopped exactly at the Median of Pitchfork, I would look at that for highs in the future as well.
I will keep updating along the way :)