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The stars are aligning to welcome XRP.. Hello all, back at my weekly update and so far so good, all the movement that we were expecting as per the triangles and the resistance lines followed the script.. but now there has been a minor break of the triangle, could be a false break as I am expecting it to retrace back to the 0.45-0.46 level and then start its journey upwards.. A daily close above the 0.52 level would be a good entry point in my opinion as that is a key resistance that XRP has failed to break on several occasions. The other key resistance I feel is at the 0.73-0.75 levels.
In my view, after 7 months of agony that investors have faced this year - hoping, praying, waiting patiently for the storm to pass, some losing faith, some weathering the storm, some drowning.. suddenly the clouds have broken and the sun seems to be breaking through.. We are right at the SBI launch, the Nasdaq backed exchange is round the corner, Coinbase has got the green light to list tokens that may be deemed as securities, addition of other XRP fiat based exchanges etc etc.. logically there is no reason for XRP to go down except unless BTC crashes, but then considering the fundamentals of XRP and whats happening this month, this fall would be very short lived.. the only way I see XRP going is UP.. not expecting any spike but a slow and a very assured growth in the value of XRP in the coming months.
Sit tight, I think the ride has just begun..
My opinion is partially based on my chart above and partially on whats happening around in the news.. but please DYOR and trade as per what you think is right. Good luck !!
ASX approaching resistance, potential reversal!ASX is approaching its resistance at 6091 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to drop to its support at 5962 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support)
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
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Ascending triangleIf the price will brake above the resistance we are going to see some serious profit. Following the BNB burn process I was hoping for a massive increase, but it fell. I had forgot to see what has happening in the 1Day timeframe. It is just following one of the most basic continuation patterns. Hope this helps :)
BNB UPWARD move on Flag, Upcoming April 15th Coin burnBinance will run up on coin burn, addition of Margin trading this spring. $50 USD target price and will do well moving into the top 10.
Margin Trading to begin in next couple days
Coin burn on April 15th from 20% of Binance profits
Reported 7.8 Million users world wide
Launch of BNB as its own Blockchain
Automated Trading Strategies ::Hello Cryptocurrency traders !
You've probably wondered, Why can't i use Tradingview to Place and View my orders ?
Or maybe you've created a strategy that is profitable, and would like to run an automated strategy.
But unlike our non-crypto colleagues, We have no proper ability to connect to our Exchanges.
That's very unfortunate, but why ?
Tradingview prioritizes high demand requests, and you simply aren't demanding it.
Lets bring this to their attention !
Tradingview uses this community to get public input:
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Great BTC Moves.So much FUD, still BTC holding strong. Near to a Ichimoku 4k breakout from the downtrend. Again a good opportunity for the King. And we are seeing Banks getting in the game. clear buy for me at a 10200$ level and a Stop-Loss at 10000$.
No financial advice, actually never.
Happy Trading.
Gold to hit $1340 by March (Feb 21 2018)It has been a roller coaster for gold prices soaring after being dormant for a few months in 2017. This year, the main effect I think on Gold is Indian legislation regarding the regulation of Gold and Gold exchanges. This will have the effect of people hoarding their gold, therefore, not selling. These measures being discussed by the finance minister are being watched closely as the Indian market is fond of gold as a product and a technology. I see the price @ $1340 or above possible in the beginning of March.
Bitcoin: BTCUST Bitcoin Spreads Her Wings+Which Exchange is BestBitcoin: Which Exchange is Best/Most Reliable for trades, stops, and signals? (next buy-points at bottom)
Bitcoin Update Coinbase/Bitstamp and Bitfinex
The ridiculous situation of multiple prices across multiple competing exchanges has once more caused chaos with stops yesterday if they were raised too tight under 9900. The subsequent low on Coinbase was 9914 and was 9902 on Bitstamp - but on Bitfinex it was 9874 which was just crap. Mofo. Sorry for that if you traded this exchange. Coinbase levels have been most reliable for trading signals and stops and Bitstamp too. This constant change is maddening - for all of us and entails twice as much work as simply following one feed as well as the futures market too. For sure Coinbase is less whippy than Bitfinex or Bitstamp and so is better for placing stops - look at the smoothness of the chart on 5 minutes here compared to others - and yet the highest price achieved today was 10307 on Coinbase compared to 10300 on Bitstamp and 10271 lowest high of the 3 on Bitfinex. So Bitfinex loses on best price achieved and Coinbase wins with Bitstamp in middle. The lowest lows of the day were once again made on Bitfinex at 9670, whilst Coinbase had the highest low of the day at 9729 with Bitstamp in the middle again at 9707. Once again Bitfinex loses with Bitstamp in the middle. And then the last raised stop yesterday at 'under 9900' - if you were unlucky enough to trade Bitfinex and had it closer than 25 points under this level it got taken - and yet on the other 2 exchanges the stop stayed good. So yet again Bitfinex fails on every level. Coinbase is best right now, with Bitstamp in the middle and Bitfinex a sorry third.
So am quitting Bitfinex as it's too treacherous with stops. Volatility can can ruin decent calls with 'good' stops. Coinbase is the least volatile, so better for stops, usually.
Last Update: 16:34 est
Anyway, for traders on the less volatile 2 out 3 exchanges who are still long, Bitcoin still looks just fine whilst it holds up above the bigger dynamic and can let it run and raise stops under the next correction low when we get it, except on Bitfinex which probably needs stops at least 50 below/above any similar stop on Coinbase to stay safe. Still believe there is much more upside to come whilst Bitcoin holds that upper dynamic support.
Saturday Update: Bitcoin Spreads her Wings
Bitcoin has had another positive session overnight as Far Eastern buyers begin to return to the market. FUD is so last year. Bitcoin is up 2000 points since the break at 8888 and we were lucky to get both that initial break and the lows of yesterday at 9700 to get long again if stopped out at 9900 on the first long. Every point of upside from the lows so far has been traded and won. We also shorted right down to the exact lows and actually closed out right on the lows of the year before going long again at 6200. Every point of the rally from 6200 to 10800 has been traded and won despite a brief wobble at the 9000 level - but even that break out at 8888 on Coinbase chart was followed and traded faithfully as the patterns on the chart dictated. And the pattern on this chart is saying 12192 minimum over the next 2 to 3 days. In very near term it's had a good run overnight and has hit the resistance line at 10829 after making a high at 10890. It's now unwinding a little but using an old dynamic resistance line as a support as it does so, line-dancing Bitcoin style. Whilst it holds up off that line it's strong still but whilst unable to beat and regain the blue line at 10829 and on up to the new day's highs at 10890 it's effectively in neutral in the very near term- but still with a strong undertone. It can spend some time flipping between the dynamic at 10648-10586 as support and the highs at 10829-10890 as resistance but will ultimately break to the updside. And on downside it will have too break below 10586 to trigger further selling back to 10307 support line where it becomes another buy.
$xcp return to meanPitchfork of $xcp on the weekly against the dollar
We're currently near the mean of the trend, we 'wicked' to it last week. It'll be interesting to see if we can move to the upper level of the pitchfork of if we'll bounce down.
I think decentralized exchanges and privacy coins will be of particular important to the $crypto market in 2018
Twitter: AzorAhai06
XVG (Verge) on H4 zone breakout, if next candle gives ..XVG (Verge) on H4 zone breakout, if next candle gives a solid, impulsive bullish movement we may be looking to add a bullish (buy) positions.
Where I trade XVG? Binance Exchange. Here is an invite link to the Exchange:
Binance Exchange
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* This binance invite link also provides you 50% OFF on all exchange fees for a complete, full month.
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latest news about XVG:
31 December 2017 - USDT/XVG Trading pair now available on Bittrex. (Source: coinmarketcal.com)
No guarantees, my personal analysis only. Any trading decision you may make is at your very own risk.
IOTA did it again and bounced bullishly from my TL YEY!IOTA did it again and bounced bullishly from my TL YEY! What do you think, will it keep going up? My personal opinion, IOTA being an IOT based invention is a powerful technology and Tangle which people consider as next-gen blockchain is a powerful on its own, I personally think IOTA will continue up... its my only opinion, I am not an financial advisor.
How to trade IOTA? I am using the Binance Exchange which is one of the larger crypto exchanges with over 2 million users (per their statement).
You can use my partner link and get 50% OFF on all exchange fees for a complete, full month:
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Bullish Trend / H4 / IOTA - Your thoughts?1. We may go to test the H4 TL.
2. Then we will probably hit the Fib 382 from whch we can continue our bullish ride.Just my personal analysis.
Latest announcement from IOTA:
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twitter.com
Thoughts?
XRP (Ripple) breaking out above $0.3From my quick analysis it seems like there is a bullish momentum and an attempt to breakout above the $0.3 zone. Please share your thoughts!
I am using Binance Exchange to buy my Ripple btw. They have very nicely polished web exchange platform and mobile phone platform.
I Just Want Cheap Bitcoins ! FUDJust to prove BTC can still break ATHs in the future even if it goes down further than the "local" low of 2980....
Two scenarios
1) 2980 was just a local low -> most probably sell if it appears Bitcoin is having trouble with the 4xs "IF" gets there
2) 2980 was "the" low -> maybe sleep easy for the next coming week/month these bull runs do last some time between the days they start and finish..
I need that LTC bottom to make serious money; but probably can't get it at this rate.
Lots of FUD is going to try to crash this ten get it at an even lower low then to buy and "compound" their interests -> profit from the multiple flips.
I sort of want this to go down even further to better position money if the multi month bull-run is still intact....
I just want cheap Bitcoins; there's still alot of "unclaimed" profit... if we position ourselves properly we can grab -> doing an investment of the century.
The more FUD the better only until then there's good news sellers can come flooding back opening the flood gates of "value money" back in...
$STEM Insane run today, on watch for tomorrow into resistanceThis stock definitely made some people sweat today after running 600% and being halted many times. This washed out after the market closed, so after open tomorrow morning I'll be watching for any spikes into whole or half dollar resistance levels.