BitcoinHello
We have reached the most serious resistance level on the Visible range indicator. We see the largest volumes, which is a strong resistance.
Another significant indicator for a bull market is the intersection of MA100 and MA200, which is also a buy signal.
But if you look at the historical chart in most cases, after crossing the strong movings and when most traders have one more confirmation of entering a trade, a manipulative move in a different direction occurs and touches the stop loss.
RSI - Overbought
The last upward movement was exponential, after which I expect a correction.
We have a lot of news on the market. Facebook has unblocked cryptocurrency ads, fidelity will start working with cryptocurrencies. Lots of FOMO.
And again for me this is a sign that you need to be careful with the market.
I do not think that we will fall low, because every rollback is an opportunity to buy cheaper for those who did not
We can also fly up without significant correction, if we invest huge money in Bitcoin and then due to the fact that many short positions are eliminated at market price, as well as stop loss, we will break this strong level. I think this scenario is likely to come true after the correction.
Crypto Fear & Greed Index rolls over and now 71 out of 100 this means that greedy people should punish
alternative.me
Excavo
BitcoinShort term analysis. BTCUSD formed second shoulder - pattern head and shouldrs. RSI oversold. I think we will test the new line of support for further movement up
I think now we need look at some correction and until of the month BTCUSD break up resistance zone 6400-6600
But before this I waiting for correction and every correction you will see how traders will buy every low
15min chart
BTC touched top and after show impulse down. After foming rising wedge and we will continue to falling
Rally is started;)
More communication in comments or in private message
BNBHello
I want to talk about the Token of Binance Crypto Exchange. Changpeng Zhao CEO Crypto Exchange in the world.
They solved a lot of problems for traders.
You couldn’t be able to cope with the unloading and lagged all the time at the moment when there were big movements, such as Poloniex, Bittrex, Bitfinex. Who remembers remember this.
We’ve gotten a lot of high-quality liquid stock exchange with convenient functionality. Thanks for this
And even despite their status, they continue to move on and develop.
Resurrected the ICO market with the new name IEO.
Established rules for participation in IEO; you can invest in projects only with a exchange token BNB.
After all the "successful", you can look at them.
He has been developing his own blockchain. Yes, everything is cool and everything is fine!
They recently announced that they would add margin trading to the exchange. This makes me particularly happy, because it’s a market that will have more opportunities to earn money and of course, more speculation.
It is a question of
And now about the chart
M1
If you look at the monthly chart, we see an exponential growth after which, in most cases, a correction occurs. The correction lasts 3-5 months
W1
We have a little bit of it. power
RSI falls well
D1
I’m not sure if I’ve been right at the bottom of the line. but now we’re not going to new heights.
It is a new bitcoin. speed of distribution of information. It will be growth. anything can change in the market, but in addition to human behavior
Buy or sell
Thank you and with respect
Your EXCAVO
Litecoin - LTC/BTC could potentially have another leg down.Looks like we could tag the .618 of this entire bullish move which seems to have been 5 waves up (could also be considered an ABC bounce).
The .618 also lines up perfectly with the .786 of the waves 2-4 fib extension.
The extension of .786 also lines up perfectly with the 2.414 fib extension of the A-B move of this entire ABC.
My impression is that we have another full set of waves down. (5 waves) and after that, we can reassess to see if this is has potential to become bullish again or continue its decline to a lower low.
This also goes well with my EOS/BTC update which looks VERY similar! Make sure to check it out HERE:
Hopefully this helps!
-CryptoSuf
BTCUSDhello dear traders
I had a break in trade and now I am returning to trade because I believe that in the next month there will be an interesting situation on the market.
let's talk about the market. We all have seen a lot of hype and enthusiasm for the past two months. Many "experts" continue to say that we will go to a new bottom, some say about 2k-3k. others speak of a reversal of the market, a golden cross. All this is possible and I will not exclude such options. Everyone has an opinion. And now I will tell my opinion based on the facts.
Yes, indeed, we have a momentum up and after it an upward channel that moves from support lines to resistances, and we all see real volumes of interested players.
Golden intersection - yes, it really happened, but if you look at history in this way, traders are forced to enter trades, since the intersection of MA is indeed one of the signals for reversal. But the market must punish
The resistance level, as I said at the top of our upstream channel, is strong resistance in the range of 5900-6250 which we are unlikely to reach this time. Because firstly there will be a struggle for this level, the second one because more and more traders will lower their orders in order to sell or open a short position in a profitable manner.
buy and sell orders - shorts are a lot more than longs
Link
vcdepth.io
his information is not a recommendation to buy or sell
BTT/USD falling wedge one more lower lowlooks like we are almost done with this correction.If this pattern holds we may be able to see a new high.
I hope this helps.
RVN/BTC - A new trend has already started and its in full effectRaven-coin is very interesting in the sense that it has already broken out of the bear market. it has avoided the pulldown of BTC unlike most other coins. I see this as being almost done with wave 3 already and if so we have one last white eave up, then a mandatory correction which I have shown as wave 4 BLUE.
this is an amazing sight to see! i will be paying close attention to this and so far, its proved itself very well.
I hope this analysis helps :)
LTC/BTC *Chart Pattern Identified* descending Triangle = bullishwe have one more leg down I think.
we may not hit the .618 fib exact. so laddering would be ideal.
I will be posting updates and how to take this trade on my telegram channel. where members can view all my content 100% free and also get on demand analysis of their favorite coins. If you wan to join, just comment below :)
Im looking at the 1.0 Fib extension to kinda stay realistic, this coin is CRAZY bullish and MAY pass the 1.0 Fib.
but we will handle that when we get there.
Im seeing all of this as an impulse of 5 waves OR and ABC move up.
cant really tell yet, but one option is the Head and Shoulder Bottom, this MAY hint at a bear market bottom as it is a very common trend reversal pattern. But we wont be able to tell if we bottomed yet.
I hope this helps!
XLM/USD - H&S bottom will break very soon! dont miss this!XLM has shown a very nice head and shoulders bottom that seem to be in its final stages. we can shoot up from here or go down a little. This pattern is a reversal pattern on a daily degree that can shoot this coin back into fame again. I placed a area for wave 3 to end which is where the minimum target for the H&S pattern is set to reach. But, I think we have good potential to exceed this minimum target by a lot!
all of this is dependent on bitcoins price action but I think we have a VERY STRONG possibility to end the bear market here and begin a new impulse.
Good luck everyone!
ADA/BTC Scalp - Low risk : High RewardI like this set up here.
Although I think we can see a lot more upside. This call is very safe imo.
if you use 5X leverage this can be a really nice set up. Or you can try to HOLD this long for a few hours/days even. We may go up a lot like I mentioned in my last ADA post here.
THIS IS NOT TRADING ADVICE - All updates will be on my 100% FREE telegram channel.
NANO - rising wedge this could be a rising wedge. or we can just SHOOT up through this.
just wanna show this to everyone to explain to be careful. overall the bullish daily chart remains the same IMO
ETH/USD - ABC Complete - A New Leg Down - Head and Shoulders TopHi, This is what I see is happening. Im not too sure this is an impulsive 5 Wave count, rather a corrective 3 Wave count (ABC).
part of the reason is because in the Green C wave we have already seen 2 impulses. Yet both of them are overlapping which should not usually happen.
Also, if this was wave 3 rather than wave C (GREEN) then we would have shot up more already and covered more ground in my opinion. Usually wave 3 is characterized as the strongest/most violent wave out of the 5. This seems to just not be the case here. IF we are to consider GREEN wave A as wave 1 and GREEN wave C as wave 3, wave 1 looks WAY more impressive as it gained equal price in far less time.... wave 1 gained $80 in 20 days while wave 3 gained $88 (so far) in 61 days. These just are not usually character traits of an impulse in my opinion.
In fact, I see a new bear market low on BTC and ETH.
I see a possible H&S top that can lead to the new low and thats about it for now kids.
make sure to share this, like this, comment if you wanna be in my free private channel and also comment if you have any questions.
ADA/BTC - H&S formation complete. Needs to be confirmedI see a great opportunity here for a short position. a lot of coins look to be forming H&S patterns but none have been confirmed yet. This looks to be a very solid formation in terms of symmetry. We also have a descending triangle forming it seems, which can help with the drop.
This is a trade I am looking to take here. although we can shoot up here, the R:R is great and the chart patterns show we can drop more. This also goes well with my large perspective of ADA/BTC which I have posted about 1-2 weeks ago.
The Green box at the bottom is where the .786 fib level is. But it is also where the Head and Shoulder Pattern minimal target stands.
I hope this helps and remember that none of these have been confirmed yet. So theres a risk here. But I favor more downside. Let's see how this plays out.
If you want access to my Telegram channel for free, Feel free to msg me or comment below! :) Everyones welcome!
XRP/BTC - another shot at analyzing this lollooks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
Ripple Hello to all traders, investors and other crypto enthusiasts.
Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin.
If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up.
First fibonacci level at the price of 97cents
Target until the end of summer at least 1 dollar. Therefore, while we are in the triangle, this A good opportunity to add a coin to your portfolio.
The cross of two MA100 and MA50 movings in D1 chart is also a signal to buy
Stochastic RSI turned around and most likely will grow
There is a lot of news for the flight of the coin right now, but as you remember from history in most cases the pump happens without some big news.
So the best strategy right now is position trading SWING Trading and now is a good entry point
For example, I want to show the story you can see on the real chart.
Crude Oil Crude Oil break out support line of the uptrend channel. We touch support zone.
After oil drop price start to recover.
I see 3 resistance level for oil.
1. 55.8$ - 38.2% level fibonacci
2. 59.94$ - 50% level fibonacci
3 64 - 61.8$ level fibonacci also resistance line
But global It look like impulse-correction-impulse
GrinHello crypto community,
I recently got acquainted with the GRIN project
I liked this project with many things
Private
Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide where a newly created transaction comes from, it gets relayed privately (a "random walk") among peers before it is publicly announced.
Scalable
MimbleWimble leverages cryptography to allow most of the past transaction data to be removed. This guarantees Grin won't collapse under its own weight in the long term.
Open
Grin is developed openly, by developers distributed all over the world. It's not controlled by any company, foundation or individual. The coin distribution is designed to be as fair (but not gratis) as is known to be possible.
grin-tech.org
coinmarketcap.com
Technical analysis
We find bottom
Start growing
Correction 61.8% fibonacci
Stoch RSI oversold
Volume is grownig
Small Marcket Cap
Moon soon;)
Bitcoin Hello everyone
Today I want to show the 4 hour chart on which you can see the channel going up and the middle line of the channel is shown in black dotted After Bitcoin reached the maximum price this year, it began to be adjusted, all of the classical impulse-correction (rising wedge) - impulse. after breaking the wedge, we are now at a weak support of 38.2% 5030, the next support is at the 50% fibonacci level of $ 4864.