Breaking Down CBI Wave 3Currently CBI has just begun the important wave 3. Based on the statistics observed during the current overall Grand Supercycle Wave (white roman numerals), our current wave 3 will most likely end around 31.41 around the end of August 2018.
This will provide massive gains if buying stock and even larger ones with call options.
The solid yellow lines represent the average levels observed throughout the Grand Supercycle. The average Fibonacci Extension from Wave 1 is 105.78% which is move to at least 22.66. The average days observed for a wave 3 coincides with the end of August 2018. The median Extension is 177%, and 176.4% is a Fibonacci number so this area is why I believe the movement should go at least here by the end of August.
I have arrived at the solid red lines when the standard deviation is applied (added) to the average of the days elapsed and Fibonacci Extension percentages.
Gains
NEO/USDT Possible breakout soonWhat's up traders, straight into the analysis!
Here we are analyzing NEO/USDT on the 1D chart.
We can see a classical signal for a breakout, candle with short body and long tail.
For entry, you can wait than candles to break out the black tunnel.
First Target Fob 0.5 --> 104.99 to 110 $ Short position
Second Target Fib 0.236--> 128 to 135 $ Long position
Stop Loss at 75 to 70 $
Disclaimer:
<<<<>>>>
=This is my first Public Published Idea=
NEO/USDT Possible breakout soonWhat's up traders, straight into the analysis!
Here we are analyzing NEO/USDT on the 1D chart.
We can see a classical signal for a breakout, candle with short body and long tail.
For entry, you can wait than candles to break out the black tunnel.
First Target Fob 0.5 --> 104.99 to 110 $ Short position
Second Target Fib 0.236--> 128 to 135 $ Long position
Stop Loss at 75 to 70 $
Disclaimer:
<<<<>>>>
=This is my first Public Published Idea=
We did it! Bitcoin, en route to 1rst profit target (12000ish)Warriors!
A continuation of my previous idea. We broke the high of yesterday at 11065 after going straight up all day.
No we need a bit of pullback or consolidation as we went up all day very sharply and are overbought (as the high RSI shows), but we are ready to go up once that is done. The bulls have shown how strong and eager they are, and it is going to be our 3rd day above the correction (told you so btw :D).
My target in the next couple of days is 13000, this is the full target of the bullish pennant I first posted in this idea:
The 12000 resistive area is going to be our first profit zone, securing profits is always good, and if BTC pullsback from there I'll be looking to buy back cheaper on this pullback.
If BTC manages to reach 12000 Friday or Saturday early, we could slowly pullback during the whole week-end which fits with Elliot waves (would be wave 4 if this whole move from 9250 to 13000).
If BTC follows this path to 13k, it will be followed by a correction, likely ABC (I'll give targets and their probabilities when we get there).
If it exceeds my expectations and goes straight to 13k I'll update. But no point being too greedy, whales could decide to sell at any moment, could be suddenly right below 13000. So no matter what I'm taking some profits at 12k.
Right now these are the retrace areas:
The best would be to drop to ~10700 before going back up. Dropping to only 10800-10900 would be insanity (unless we go slighty up then back after), that would be so bullish...
Whenever in doubt, just zoom out:
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
Bitcoin. Target 13000.Continuation of my previous idea.
This is VERY VERY simple.
A monkey should be able to understand this:
Bitcoin get bull run go up alot very much ==> Bitcoin retrace. ALWAYS. Not only Bitcoin, any stock do this.
Bitcoin retrace to 0.618 good retrace (retraced EXACTLY here actually).
Below 0.786 oh oh maybe the bulls aren't strong anymore.
After Bitcoin retrace but not too much Bitcoin go up again.
Bitcoin gets bullish pennant on the daily chart after recovering from the noobs capitulation ==> Bull run is size of the flag pole ==> Target is 13k.
NOT because of some deformed Head and shoulders.
BTCUSD 'til March, crypto
Careful not to lose your earnings over the next few days, plenty indicators are looking good for BTC in the long run, but as for February, these indicators look like we'll be seeing a small dip. The massive descending triangle around BTCUSD is looking extremely promising for Bitcoin's future. However, there is some immediate resistance that needs to be looked at. First, BTC managed to slip down slightly past the SMA 200 (Dark Red Line), where we saw a hint of a reversal.
Simultaneously, we can see the RSI crossover (light red/light blue) also adding strength to the reversal.
Now here we are...
Since Feb. 6th, Bitcoin was able to regain momentum for about 12 days, until the world stopped to stare at the shooting star (blue arrow)... February 20th, the shooting star signaled a quick reversal to the bull. We can see an RSI crossover (light red/blue) again immediately after this shooting star.... oh and we tried to sneak a peak outside the triangle's ceiling, but the resistance of SMA 50 shut us down real quick.
In the 1day chart, bitcoin is looking for a reversal from these dark days, and it's looking awful promising for the long term.
What about short term?
Well, not looking so hot, to be honest. On the 4 hour chart we can see the price slipping below the SMA 50 today along with a triple bottom from the Stoch. MACD is moving through the signal line, all bearish signals. I can see BTC dropping below 8.5k in the next few days. However, if BTC gains support around 8.3k (.618 retracement from most recent bull run), we could see BTC heading back to test more resistance around 11.5k
Overall, I wouldn't panic yet. I would stay away from alts for now with these conditions.
Thanks for reading.
Trade smart!
Cindicator CND BTC Forecast - Bullish Run Expected Short TermCND chart suggest a short term bullish run. Buy area sits on 0.786 fib line and should prove a support for a quick bounce.
Targets:
1600 (Short Term)
1750 (Mid Term)
1900 (Long Term)
Stop loss: 1395
Remember this is a short term trade.
This is not an investment advice, always do your own research.
SCBTC fortunes ahead
still bearish, looking for a breakout opportunity. Next breakout may set up a nice swing trade opportunity.
May have a nice breakout soon looking at macd and rsi. gaining support but likely a small breakout.
slight head and shoulders forming if SC can gain some traction. Volume looks great as of now though.
in the 4 hour chart, we see nice volume with prices testing support of the ema 50 (blue). We can see the crossover of the ema 50 and ema200 (yellow) which signaled a nice correction and set a nice support line (purple). Since then, however, we broke past that support line, and we're having trouble getting back over support. RSI alone is showing us a change in strength from the angles of the last 3 days it was oversold.
SC is still looking bearish, but you may be able to be profitable from the recent swings looking at the 30 minute chart. Once SC settles back over the ema 50, it's likely we see a massive breakout.
:)
XLMBTC analysis
From the looks of the 4 hour chart, we can see the mac d crossover, but still too far below the signal line. The RSI dropped low relative to its previous history, but no major sign of liftoff. The stoch is making a fascinating pattern, but the price hasn't acted upon it.
Looking at the 1 hour chart along with the 4 hour, we're likely to see a decent breakout at some point by the end of the week after a small drop.
On the 1 hour you can see the most recent flag, which could indicate a reversal if the mac d signals. If prices break past that doji with the black line over it, we could see a run.
The 1 day chart is still looking bearish, however. Although it seems like XLM is correcting after a negative break out of the bollinger bands, the MACD is bumping past the signal line. It looks like we're headed down for the support line, at exactly .618 retracement.
According to the 1 day chart, the massive breakout it coming within the next couple of months. However, based on what BTC is doing, XLM is prone to react. If we see solid correction from the majors and volume pick back up soon, no doubt XLM soars to the moon. We're still looking bear as of now, but I believe we'll see a reversal in here very soon.
Ambrosus AMB BTC Forecast This chart should have been put up this morning but I was caught up. AMB are presenting an updated road-map tomorrow and the chart shows a symmetric triangle set-up. Price entry should have been 6,400 however 6,650 - 6,700 rests on 0.382 fib line. As always BTC plays a role here along with volume and hype.
Targets are as follows:
1. 7150
2. 7400
3. 7900
RSI stands at 55 which is neutral. 20 SMA about to cross over 50 SMA which is a bullish sign.
This is not an investment advice, always do your own research.
XRP could break out again Binancebest followers, XRP went always up after a correction, so it will do it again right now! target around 30%-40%. RSI and MACD low, BOLLS also, good time to buy right now. Keep in mind that risk managing is the most important thing a trader can do ! happy trading followers !
OST setting up for 60%-80% retracementHey guys,
got a gem for you today.
OST is a company that is taking the blockchain to everyday business by letting their consumers develop a custome ERC20 token based over the OST token and platform. They are currently ranked 160 on coinmarket cap with huge potential. They have formed over 21 partnerships during this bear market and I think its time for them to feel some love.
If the price would return to the middle row VPVR that would be 60%+
Thank you.
*Please dont trade off my analysis alone, do you're own DD*
Ripple Long (400%) Feb-MarHype coin with strange background, but it's crypto-hype now... Buy everything with huge commercial, don't matter is it good or bad. Bad news is a good opportunity to buy low, especially when it's coin like ripple.
If Bitcoin falls to 9200 and lower -
BUY RANGE
0.89-0.62
SELL RANGE
3.95-5.24
Stop-loss
-30% from buy zone
Bitcoin Forecast + Dips/gains and time periods for themRe-uploaded this TA because i added more information on the graph.
Peaked at $1,300 (+73%)
dip was -27%
Peaked at $3,000 (+223%)
dip was -38%
Peaked at $5,000 (+167%)
-37% dip after
Peaked at $7,500 (+148%)
-27% dip after
Peaked at $20,000 (a staggering +240%)
Dip is 52% so far
(very big dip compared to the past 4)
The past 5 pumps have been an average of about 170%
Compare 240% pump to the average...
The pump to $3,000 caught a lot of attention for bitcoin
So did the pump to $20,000
Small amount of people's eyes opened up at $3,000
Even more eyes opened up on the way to $20k?
The past 5 dips have been an average of 36%
Compared to the 52% dip we are seeing so far
Mt. Gox dipped price from $237 to $67 (-350%)
Price rocketed to $1,000 then dipped to around $500 (50% dip)
Took 4 years to recover before reaching $1,000 again
Could we see a long term correction like the crash of late 2013/early 2014?
Both dips had slightly over a 50% dip
Im personally bullish... but I just wanted to point out this dip is pretty big!
GUPPY - idea -GUPPY is another great example of an Alt Coin that will not go much below the current price at .00005619, BUY.
GOLEM - idea -Golem is looking great! I don't see it going any lower than the current price at .00005680