SHORT term buy opportunityIn this chart, we have a potential buy opportunity.
This zone is only valid if we have momentum leading up to it.
This is not financial advice, just my thoughts on a chart.
I am doing live TA on Twitch but cannot advertise here, so PM for a link.
Good luck and happy trading :)
Ezlife
Neo lookin FABULOUS!Recently I did a TA on my Twitch stream for one of my viewers.
Then I posted an IDEA that was quite successful.
This is the follow up to idea #1.
The targets are pretty self explanitory.
Ladder out, do not sell all at once in the event wave 3 or 5 go higher.
RSI has a LOT of room to grow. If BTC hits my target of $11,750, NEO will explode.
Considering BTC is now going up, I have a feeling NEOBTC will follow.
These are just my thoughts, painted on a chart.
An IDEA, if you will. ;)
GL and Happy Trading!!!!!!
The 2018 BTC Bull RunEveryone has lately been confused on which direction Bitcoin is headed.
Ever wonder why so many people claimed BTC would hit $3k?
Also wonder why we never hit that level?
Examining the fundamentals behind BTC shows us that we do not have the type of momentum needed to sustain uptrend. We did however, break out of the daily and weekly descending wedge. A trap? Or actual price action?
What happens next I believe will shock the world to the core. I believe we will go up and kiss the $12k resistance. As in, kiss it's a** goodbye. As in, a good few if not all of my buy targets will be hit once we fall like a lead-weighted brick with fatboy syndrome.
There is a reason so many people a few months ago were calling levels such as $3k. I suspect soon, we will find out why. This should be the final push by the bears, then off we go for the most historic Financial bull-run in the history of mankind.
Good luck and happy trading!
trends.google.com
LONG term BTC short opportunityIf we examine the fundamentals behind BTCUSD, we see something ugly.
You have to open your mind to understand, BTCUSD has never truly retraced as much as it has needed to, to get the momentum necessary to break our long-term target of $12k.
In the above chart, my full sequence Elliott Wave theory is probably a mile off.
I am still a very, very new trader to this market. I aspire to be anywhere near as good as some of the traders I follow.
The RSI on the 12H is showing a huge momentum is needed, and soon, to maintain temporary uptrend.
I do not, however, think the uptrend will continue. We haven't even gotten close to the $12k resistance since the last time we bricked off it.
I SUSPECT, we are going to test it within the next few days to a week. There is a reason my Elliott count stops where it does.
When we get to the $11,500 to $12,000 resistance, I suspect we STILL won't have enough momentum to break through.
Why?
We need the average Joe, who was scared off during the correction, to come back.
We NEED their money, period. This means BTCUSD has to hit a price that is quite literally too good to be true.
Remember all the bears a while ago saying we were going to $3k, $4k, $5k, etc?
I suspect they were right all along, but because there is a lot of greed in this market, we haven't hit it yet.
But we will. I'm positive of it. If we don't crash and burn now, so the Phoenix can be reborn, it will happen at a later date, scaring off a LOT more people.
So, who will win this fight? Temporarily, the bulls I suspect, but it won't last long.
The bears are about to take control of this market for the very last time, and off we go to start the 2018 Bull run.
Good luck and happy trading!
Don't fall for the trap!Okay friends, here is the deal.
There is a MASSIVE cup and handle forming in BTC.
MASSIVE.
What does that mean, fundamentally?
If I were a whale, what would I do to try to trick people, and manipulate the market?
I'd put a BIG, FAT bullish pattern on the longer term charts.
A BIG FAT ONE.
Any inexperienced trader is going to see and think that the massive cup and handle is going to play out.
It will.
It just won't do it until we get the MOMENTUM NEEDED.
Right now, we don't have it.
I SUSPECT an $8k or $8.3k reversal, with a small bounce around $9,040.
These are just my thoughts painted on a chart, not trading advice.
Good luck to everyone and happy trading!
BTC's nasty fall!I am in the hospital quite literally getting my head examined.
There is quite a nasty fall coming for BTC I suspect. Short term you're looking at a small profit, but overall long term is not looking good for BTC.
Refer to MagicPoopCannon or DarkEnergies post for more information as I probably will not be able to update much.
Good luck, and most importantly, DON'T GET GREEDY.
<3
Short term IDEAThis is JUST AN IDEA.
Curious if it plays out.
Please don't trade this. I am just posting this here to see what happens next.
This is for very short term.
IF it plays out, it more than likely will not play out on the timeframes given.
Please note.
I was in the hospital for a week, and my TA ability is a tad rusty.
These are just my thoughts, nothing more.
The biggest bear-trap in BTC history.Ladies and gentleman.
My name is MC Peewee, but you can call me the Salesman.
What is the definition of a salesman?
By Google's definition,
"A man whose job involves selling or promoting commercial products, either in a store or visiting locations to get orders."
Technically, BTC isn't a commercial product. But it IS a product.
What am I trying to sell to you? Surely not BTC. That's the whales job.
I am selling you the truth. FOR FREE! It's up to you if you're smart enough to buy it.
I will say no more. I have been charting for so damn long today, that I am exhausted and want to play some video games.
Maybe eat something.
Maybe watch a stream. IDK. But, I'm done.
You either heed this advice and make more money off my call than you ever have off of anyone elses combined, or, you'll be buying BTC for a MINIMUM of $10k this weekend, and that's assuming people who are short can close enough shorts fast enough. Considering shorts are at an all time high, because the entire general public is clueless about what is really about to happen, we are about to see the single biggest daily candle likely in BTC's history.
I'm not kidding.
I regret to inform you, that for reasons I care not to share, this will be the 2nd to last public chart I ever do on BTC.
Second only to the 48 hour live coverage that I promised everyone, when the dildo appears.
I will however, be incredibly active on TradingView, so you can feel free to send me a PM. ("hay its me ur brudder" boy oh boy the many thousands of PM's I'm going to get are going to be hard to sift through. Apologies ahead of time when it takes me 18 years, 6 months, 8 days, 13 hours, 6 minutes and 19 seconds to respond to you. By the time you message me you will probably be 1500th in line waiting for a reply.)
Below in the update section, I will be posting a little more detail about my analysis. Read it, and decide for yourself. Don't say you weren't warned.
Not a very good week for TRX.The RSI is showing a massively overbought state due to the fakeout in BTCUSD 0.75% .
I believe we are only a week away if that from TRX 2.94% true, final bottom. My belief is that these projections will happen much faster than they show in the chart. This is Crypto, afterall.
First target buy zone is around 325.
Second is at 309.
The final bottom for TRX 2.94% should be somewhere around 300 sats 0.31% . We should stay in the trading channel between 300 and 350.
Ladder in, ladder out.
As always,
Haters gonna hate until they see Crypto's fate.
It may not happen on this date so don't trade the bait. Do your own research. Good luck and happy trading
A great month for TRX.Okay so my last chart on TRON was a little off. However, that is due to manipulation I'm seeing.
I have an updated chart here that accounts for the possibility of manipulation. I'm covering my bases this time.
BTCUSD just had a fakeout. The bulls got trapped and now we are heading down to find the true final bottom, which I believe is to be around $6,244 to $6,844.
With that said, keep a very close eye on BTC today as TRX movement is formed around the movements of BTCUSD The chart I am showing you here is a longer term chart so I'd say you are very safe investing anywhere under 350 sats.
On 3/3/11 I predicted the breakout we saw today with scary accuracy. It was a fakeout. Now that we have broken the 365 support, it's formed into resistance. This means we're likely going lower.
I have outlined the buy zones with the pitchfork. The resistances are the thicker but lighter color lines going horizontally.
I believe if BTCUSD finds it's true bottom tonight or tomorrow, we are going to see TRX skyrocket. The pathway I've created is to account for manipulation, however, so the target zones are likely *very* conservative.
Target buy zones are under 325, the RSI is showing a massively overbought state due to the fakeout.
First target sell zone is above 400 as we will likely bounce off the newly formed resistance at 365 to create the textbook inverse head and shoulders pattern.
Second is above 445.
Third is above 500, though I will push an update once we get to this level because it is MASSIVE resistance.
The final bottom for TRX should be somewhere around 300 sats. Shorter-term we should stay in the trading channel between 300 and 350.
Ladder in, ladder out.
As always,
Haters gonna hate until they see Crypto's fate.
It may not happen on this date so don't trade the bait. Do your own research. Good luck and happy trading!