Looking into the future with StratisI'm bullish for Stratis long term, it has good fundamentals. I'm looking for Stratis to trail with BTC and drop to a level with support for a good entry position. The correction is over and bulls will return. what do you think?
Future
Observation idea. For possible Future Short Opportunities. I was able to secure 3 trades last week within this bullish channel. I was able to post an analysis of 2 of the opportunities. So while i am still in a very attentive position with this pair. I will continue. Now, i am out of all positions. As i wait for golds next move.
During NFP this Friday. I was able to observe the crash in the dollar, and the lift in XAUUSD price of $19.00. Which is a significant move. FIB Ratio .786 was condemned during this bull run. During my observation at market open. We see a close above structure, and signs of still buyers present. But low volume. Which of course is expected for Sunday- Maybe even Monday.
SO THE PLAN.
Close above .786 And price action finds support. This pair should have a bullish continuation to 1288.00 or even a retest of 1296 -1300 highs. If this takes place. I am interested in a short from those price ranges if the situation presents its self. (Candle Address)
I know for sure 1296-1300 is a strong resistance area. And even 1288 can possibly turn this around. I will be patient and await my opportunities. I find that a long at this price is simply too risky. I could of left my longs from 1262 this week. But that was not part of my plan. Always trade your plan!
1296-1300-Possible Short
1288-Possible Short
Check my link related idea from trade i took last week on this pair.
Eth Enterprise .Ready to boldly go where no man has gone beforeNerdyness on a new level.
ETH enterprise is ready for takeoff . Destination far far up and away.
The only thing we know is that Vitalik have saved you a seat.
Remember to hold on to your Eth...We are going very far and its going much faster then we thought
.Cause this thing runs on Ethereum .
-Disclaimer , my first chart ,made from what I have learnt reading on tradingview.
But really , lets be honest.. Sell your house kids and car, buy Eth cause this is the future.
-If you have comments or constructive criticism please let me know.
Always interested in learning more.
-There is a few things in the world of currencies I am looking forward to.
Ethereum in the next two months is one of them.
Ethereum in the future, even more.
"This will be fun to look back on in the future!"
_____________________________
Ethereum News and upcoming events.
V-ENS launch
Ethereum Name Service offers a secure and decentralised way to address resources both on and off the blockchain using simple, human-readable names.
Live stats can be viewed here once it goes live.
V-EEA adds 86 new members
V-Huobi will list the CNY/ETH pair for trading
V-Huobi is one of China's top 3 crypto exchange.
V-OKcoin will list the CNY/ETH and USD/ETH pair for trading
V-Okcoin is one of China's top 3 crypto exchange.
V-BAT ICO.
From the creator of JavaScript and the co-founder of Mozilla and Firefox, BAT is targeting to raise USD24 million for their blockchain based digital advertising solution.
not confirmedRaiden
Lightning network on Ethereum .
Ca:23 june - Metropolis launch (---This gonna be big---)
Metropolis is a milestone hard fork that upgrades Ethereum . Visit here for the EIPs involved.
Proof of stake
PoS -1.66% is the replacement of PoW to verify transactions.
Stage 1 is 75% complete.
If you like my idea or mean that I am in lack of chartingskills ,
you can always donate some Eth : 0x7354cb10be5e994dbc801388f9de4460c083bc24
Money will be spent on actually getting some chartingskills.
"Dont mind me, I`m not selling I´m just along for the ride"
The future of Litecoin (LTC) & its potential move to $50LTC looks to be testing minor upper resistance at $26. If it can move above the next resistance levels of $27 & $30, we could easily see a push to $50.
The current pull back from the recent high of $39 is great news. It looks like LTC is consolidating and flushing out weak hands or those taking profits. The main fundamentals for LTC still remains, if not improved, since the days of its $3-$4 price range. With the integration of SegWit and talks of integrating the Lightening Network on LTC it shows a new VALUE and PURPOSE for this digital currency. What was once just a copy cat of BTC is now taking front stage as the testing bed for all future innovative technologies that may one day be seen on Bitcoin. Litecoin is now starting to look like the true silver to its gold counter part. Just like silver, Litcoin is a lower denomination digital currency with higher potential upside, volatility and risk for speculative traders/investors. Bitcoin is the slow evolving, trusted, safe heaven to park your money which poses very minimal risks in comparison to other alternatives. I think we are now witnessing a fundamental shift in this alt coin.
Time to rebound-USOILPrice stopped at trend line forming a doji candlestick pattern. RSI is overselled. Probably is time to expect rebound.
Gold Opens LowerGold continues descending through the cloud. Let's see what happens at the bottom. There could be a mid morning bnounce back up.
starting to fall , brace your sellit might only be the begining Texas oil , is as much as ever tide very closely to political event and oversupplie problemes . Cut of production have almost run there course and price action has never been able so far to go above the 54 55 area .Cut did not produce the push in price action and shelloil producer are still pomping a lot and are not planing to cut production , more like the oposite . So the plane is still , has it's been for some time now to let it run higher , wait for buyer to tired and thell suck it back down . Opening will be very interresinting because for all purpuse curent are decent to short from there (52.9) to 53.75 above that mark long can be swept in at least to the 55 ish area .
and as always if you want to talk more in detail about oil and other we are here posting daytrading to longterm analysis
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The future of goldLately we have seen a very weird scenario in gold and the xau index. They have differented from each other, although they have been following each other for a long time, as you can see on the chart. (Red line illustrates XAU index and canldes gold).
An AB=CD pattern and a bearish gartley pattern is soon formed in XAUUSD and that is a good short setup, since we are in a downtrend. However as mentioned above, gold is differenting from the xau index. Will XAUUSD fall off from a cliff to meet the index downtrend, or will it sky rocket with the index?
I am short at the gartley D completion, however my stops are tight.
The storm is coming. Let's make some money!
RICE IS A POTENTIAL HIGH REWARD BUY TRADETrendline broken, and market formed a textbook flag above the broken line.
For me a textbook buy signal is forming here.
If you like to take a little bit more risk like me, buy here at 975 and place your stop at 957.
Target would be the longterm trendline at 1060.
This would result in a nice 5:1 Risk:Reward trade.
If your looking for a more conservative approach wait for the flag to break and enter on the break.
XAUUSD / GOLD RETRACEMENT COMING. Awaiting a break of the major trend line.
Expecting the Moving Averages to cross and wait for a retest with a flag of the head and shoulders formation. Big rejection at @1218 Daily level
Bottoms up Overall this chart was pretty neutral in 2016, only ranging between about 450 pips in all of last year. However, this triple bottom setup presents an interesting BUY opportunity for the short to intermediate term.
Not only does this triple bottom come at a level which price tested and completely rejected about 6 months ago, it is also setting up at the first real test of previous resistance after the "death drop" in January 2015.
I'm looking for a bullish break & retest of 60 min pennant formation, and price to consolidate in the TP1 zone. If TP1 zone is broken (trend line included), a re entry is in order to TP2 and beyond. (wishful thinking)
Entry - 1.07230 area
SL - 1.06700
TP - 1.08300
approx 2:1 risk/reward
Bullish divergence on the RSI gives us another clue that price may be going up, however, price has a lot more open space to the downside. So in the coming weeks/months, i will be looking to short off the break & retest of support.
A crypro named ioc is finally converted in IOC / TARGET REACHED
I think I should be the only one who charts this coin, but finding out, to my surprise we are many believers of its power, potential and future.
It reached the target price, with a growing interest and therefore volume.
I will not tire of telling you that IOC will undoubtedly be one of the 10 most important currencies in 2017.The target of 2017 gonna be huge, if more ppl would report and invest on this unprecedented project.
And as I advised on previous charts, one of the best options to get LONG when you take a break.
But there is nothing better than you who are informed and draw their own conclusions.
On the web, forums, traders, etc.
A crypro named ioc is finally converted in IOC the digital payment system for the 21st Century
Http://iocoin.io/
Thanks
HOW FAR DO YOU GO BTC?Sorry but i forgot to put on long to when u push play, update the chart.
In addition another factor to consider, was the important volume of purchase before the change of trend.
Except in the case of G that was not significant, but consecutive (British Brexit)
An observation about a pattern throughout the King's life to keep on eye on it.
Keep going, keep bullish!!!
LAST IOC CALLThe fundamentals are here:
iocoin.io
twitter.com
coinmarketcap.com
And more at the links
Prepare to IOC - The digital payment system for the 21st Century
Thanks for your time and follow!
A CURRENCY CALLED IOCThe only thing that this currency needs to become on one of the big ones, is only interest, in another words, volume.
With a potential and an unprecedented project this currency will soon become I/O the Digital Currency (IOC) and will speak in the coming months surely.
A great call for put long!
Take a look and thanks for your time!
www.facebook.com
Http://iocoin.io/
@Coinsidering thanks for the info!
Long Time IdeaThe blue line shows the persimistic outlook on the future of bitcoin.
The Yellow line shows a slightly more realistic version for the future of bitcoin.
CORN is forming head and shoulders It interesting here. I will jump in if price close above red line.
Copper LongJust keeping in the mind that COPPER has recently hit and showed support at the 2.0 Whole Number and is currently in an uptrend. Prices seem to be playing smoothly, we shall see what the future holds. Pun intended.
