ETHETHBTC Moving in downtrend channel. Target support line of the channel.
Most of the crypto projects which collected funds via ICO have too many ETH as capital. They hope that ETH will grow up. This projects have big expenses: for salaries, development of product, marketing and other. But now the crypto market going down and people are scared they want to save own capital and ready to sell coins at any price... ICO projects selling their ETH in panic... I hope this panic will end. But "When?" that is the question. Now there are no signals to stop it. So, Short position on ETH is the best decision!
Excavo
DASHBTCRecently, DASH has been growing steadily, but against the backdrop of a growing dominance of the BTC, we can see the asset correction at 0.382 and 0.618 Fibonacci levels. If we break through the current level of resistance, it's the channel of the downtrend, there will be the possibility of movement for further upward movement to the next resistance #2
ETP/USD; 4H; 12.09Bullish trend on ETP from July..
I think ETP is overvalued.
There is Strong volume Divergence,
so, trend can reverse soon.
It will be a great short.
CRYPTOFirst of all, I want to say that the owners of money seriously took up the crypto. They make cryptocurrency exchanges, projects, but now they invest only venture capital, that is, with the ownership of this company. This is a sign that they are serious and have been here for a long time. Okay, I hope you understood that.
These people work according to the old pattern, they want to control this new growth market. They are buying up large projects that are now at historical lows, but indeed, they could be even lower and will be bought at rock-bottom prices, as it happened in the 90s, when the countries, which were included in the Commonwealth of Independent States, bought factories for millions at the time when they cost billions. It is a working diagram.
So, when and how will the race of active growth start (rally)?
When investors, owners of bitcoins, will see a strong growth of any other coin within a few days, they will be greedy, and I'm sure that it will appear even among those who do not deal with the market. And then that long-awaited action will start.
They will increase liquidity quickly and straight off … with thoughts: "Yes, this is what I was waiting for, I will make a big profit and go out of the market" - this is called greed. As someone said all money is made on human vices, and greed - is one of them.
BTC/USD 1D; 05.09As I told after breakout S.h - support horizontal
I get bearish side. We see the standart TA pattern of
continuation of down trend. Price consolidated in
bearish wedge and started work from 61.8 Fibo lvl.
retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5200. Dont forget about SL!
BTC/USD 4H; 04.09Price consolidating in rising traingle pattern near R-resist. on background local rising trend, so waiting for continuation of rising movement. Breakout of R will be the signal. Targets - 7600 - 7800. Will do revision of local bullish scenario after breakout S.h. - support horizontal.
LISK GOES UPLISK is at the trend line, the chart shows the areas of contact of the support line. During the last touch, the trend line broke through, but the asset quickly returned to the growth zone.
Now the LISK is testing the support line, and then, with a high probability, it has grown at least to the 0.236 and 0.382 of the last asset growth.
Zone of resistance indicated.
Take profit - blue horizontal line
BTC/USD; 1H; 31.08 by @SupernovaEliteLocal vision: brokethroug r1, r2 +
f-fractal resist.(top of rounded form);
all this action was from S-support and
BTC formed increasing bottoms at the way
- all this factors are bullish.
So, waiting for continuation of local rising
movement to 7200-7250 (1.272 Fibo lvl.)
When price hit 6800 - need to revision of
previous local bullish scenario.
EOS/BTC; 1D; 31.08I have many requests about EOS/BTC.
"EOS on the bottom" they told. Ok, brokeout
of r-resist. of small wedge + previous fractal
looks like we have local rising trend. But!
What the real potential of rise? On 1D chart
we see very strong Resistance zone - X point -
crosses of strong R + f1(fractal resist.) +
dynamic resist. of MA 100,200.
So, I think we may see rising movement
for 15% to X-point in good scenario, if BTC will
feel good.
Generally, price on EOS is in descending channel
from 30 April, and need to breakthrough many
resistances before we can tell about rising trend.
I think, EOS/BTC can refresh previous low easy.
Be accurate, do not forget about Risk management.
PopulousPPTBTC after big pump forming falling wedge - reversal pattern. Looking for next fibonacci level
Industries that can benefit from factoring firms.
medium.com … #factoring #ethereum
BTCUSD (SHORTS/LONGS Positions)According to the schedule of shorts, we have reached our maximum and we are in the zone of supply. And shorts should be shortened - this logic should close shorts due to movement in bitcoin up. Longs are in the support zone. And most likely will show an upward correction
BTCUSDBTCUSD moving in flat 6000-6700 area already one week. I saw a small yellow up trend channel but this channel is just figure of trend continu. We have resistance level at 6850 and next 7170. And if we test the upper level of resistance, we will form an rising wedge - also reversal pattern and figure of trend continue.
Most altcoins from the top-100 show a negative, but not very significant dynamics.
The amplitude of market capitalization movement the last few days is small, there are no significant movements.
Market Cap: $208 816 106 901 .
The BTC dominance index is 53%.
Logistic curveIf you do not trade, it's time to learn
All about logistic curve
The logistic curve describes the speed of information dissemination among people. This graph describes the distribution of information in an environment.
At first, a instrument is of little interest to anyone, investors are afraid of buying it, and its price fluctuates around r °. At this time, the initiated ("elite"), solely owning important information, begin to buy it, the price slightly grows. Then the information is shared with a small circle of insiders, individual purchases grow into active buying, the price of the instrument abruptly takes off. The general public is perplexed and can not understand what is the reason. At the third stage, news comes out and investors fearing not to have time to "jump into the last car" buy up this tool that the "elite" and "proxies" are happy to sell to them at the maximum price (with joy, because at that time the "elite" there is already new information that the "elite" has taken into account, a new logistic curve in another instrument begins, or in the same, but with another sign, sales begin). The third stage is completed, when the whole society is aware of what happened, discuss everywhere, in the metro, all who could have already made There is no one to sell.
Practice of application: the most important is to determine at what stage the price for the asset is now at which you paid attention and in relation to which you received some information. You can recognize and apply the Elliott waves.
The main thing is not to get into the crowd number at stage 3. If in all financial newspapers, on news sites, on TV there is a discussion of news / ideas - in fact, it is no longer news, this crowd of investors are bred, and this idea should not be used as its defining action (unless with another sign, directly opposite).
Examples in life and the stock market abound. On the classics the same was done with bitcoin last year
People do not change over time. Information and actions of the consonant received information people do the same actions.
The only thing that changes is the slope of the logistic curve - information dissemination rate
As a rule, 90% of bulls in high. And then the market unfolds and vice versa
If you are constantly being told the same thing, then everybody knows it already. It is necessary to look not at the news
If everyone around you screams the same thing, then you are in the upper zone
The task of stepping back from the noise
The main task is to be in the lower green zone. "When there's blood on the streets, buy property"