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Excavo

BTC Longs/ShortsHello friends Often I do an analysis of the short and long positions on the Bitfinex crypto exchange. Now I want to explain how to analyze from this analysis where Bitcoin will go. From experience, I can say that short positions are closed when a large volume of positions is liquidated, as it was when Bitcoin broke the 6300-6400 level on May 8-9. Now the shorts are at their lowest marks and they will increase. and eliminated a little later after 8400 breaks. I analyze the levels of support and resistance in my experience it works Example
BITFINEX:BTCUSDSHORTS
by EXCAVO
4
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
COINBASE:BTCUSD
by EXCAVO
12
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
BITFINEX:BTCUSD
by EXCAVO
24
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
Long
by EXCAVO
5
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
Short
by 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
BITFINEX:BTCUSDShort
by EXCAVO
35
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 :)
Long
by Cryptosuf
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!
Long
by Cryptosuf
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!
Long
by Cryptosuf
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.
COINBASE:ETHUSDShort
by Cryptosuf