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Goldenpocket

61/80% golden pocket fib retracement with the precision bounce.As anticipated we got some bounce love from the golden fib retracement level at 61.80%. However it has not bounced us high enough to reclaim the 1 day 50ma(in orange) as support just yet...Reclaiming that support is pivotal..If we can't flip it back to solidified support within the next 3-5 days then the bull market will likely be over...hopefully we will see a huge bounce here. We still have a gap on the CME futures chart at around 11.8k or soo so I'm still holding out a slight bit of hope that we can see a big bounce here.
BITFINEX:BTCUSD
by DrDovetail
2
GOLD 1W & 1D perspective. Hello traders, This is my first public speculation on gold so take this with grain of salt like any opinion but this its what I see . I normally trade cryptocurrencies and post about crypto but some assets I can trade with BTC and AU its one of them. I did made some profitable trades going long in long trades and going short on gaps. I'm not a big fan on going short unless we are in bear market and its obvious direction in long perspective . I have strong feeling that gold has bright future with current market situation . If you are new to my post I'm invested in BTC witch I got in early when everyone was scared to enter and posting Doom scenarios. I on the other hand have bean accumulating and planing on staying that way for some time and have goals in mind but that is different story and not the topic . So as we can see gold its barely holding to 1M pivot and hitting weakly support levels. It can go up a little from here but in longer perspective I believe drop its coming , We are leaving high node area and not much action under until the demand area . I'm looking on golden ratio level to bounce from and I think this will most likely happen under current price moves. Gold had nice run witch its not over but its time to pull back IMO and check the demand area to confirm more uptrend , If we just keep going up from here that makes thinks even better. Traditional markets are Hot and extremely hard to get grip on even for the best speculators out there . Can DJI hit new High who knows. 08 recovery happen way to fast and IMO and was not covered by anything beside FED constant print and throwing USD to the market to make it look good, will see how long they planing on doing that . With that in mind we all know how historically people flea to AU when market hits the fan . Long story short Im looking on going long from golden pocket and I will be watching that area to enter longer trade . Making more Digital gold with traditional assets its my long time goal as investor. People always say buy gold and I say buy gold mines .. ( Yes I buy mineral rights and keep doing it. I love prospecting there for I have no interest buying gold at all when I can go and dig it out ) As always only think you control its how much you loose so Risk Management its everything in this game . Please share your opinion and let me know what you think .
TVC:GOLD
by PTO
Descending Triangle BreakdownIt may happen tomorrow or it may string us along until the end of the year but it would seem this descending triangle has the potential to drop back down to support from LAST YEAR'S descending triangle. If this takes as long as before and we end up consolidating well into it's apex that would give time for the 200 week MA to move up and create strong support again as well (just like last year). This also makes sense with the Fib retrace because dropping to last years support would put us in the "golden pocket" between the 61.8% and 65% lines. I drew the fib using monthly candles which is why it falls a little short from the top of the triangle, but considering how volatile price action was around that top, I feel it's a good spot. I am short until we reach the buy zone between 8500 and 5000 (I doubt it will fall past 6400 & 6000 though). Then I will gradually transition long for the inevitable run back up as we approach the halving next year.
BNC:BLXShort
by galamity
2
$BCHSV / USD Nailed the Golden Pocket! Could we see median hit?$BCHSV hit the Golden Pocket (fibs btw 0.65 and 0.68 retracement) with great precision! Is the a conscience? Or could we see a big move to the upside? Place your bets now traders! I would put a stop loss at ~$120.00. For a more brave trader, or with smaller positions, $115 or $100 might look like a better stop area. With this coin not being as liquid as others, it might prove easier to get stopped prematurely. Trade smart, good luck! Don't get in a pickle! Yo boy, Pic
BLong
by The_Shill_Pickle
2
BTC; flag break or golden pocket longbtc is on a tear and seems unstoppable. Overall trend on all timeframes is obviously up so we are still looking for fresh longs. Currently we have a flagging range which we need to break out of to start the test of the previous high made on the htf charts. However we did not test previous resistance as support and I'm expecting a test of this resistance area (which should now act as support) to fall in line with the golden pocket box on the 15min chart. longs: on break of flag zone up or if we reach the golden pocket box. target previous high: $13800 If we manage to break previous high we expect to see 17k btc... exciting times! ----------------------------------------------------------------------------------------------------------- More frequent analysis is done through our discord group: discord.gg Want to learn the trading strategy? coinstreet.limited/product/e-learning-elephant-wave-theory/
BITMEX:BTCUSD.PLong
by Kroesmeister
1
NXT / BTC - 2,789%+ PROJECTION FOR 2019 - CryptoManiac101NXT / BTC TA Yes, this is not one of those coins you invest in with goals of having it widely adopted and being used in the future. Don't get me wrong. BUT! This is a coin that you invest in when it's at it's lowest point and in demand zone with goals of having it pumped on the next Bitcoin bull run. We've caught this one last year as bull run started for over 1,500% return and it's looking like we might have another, bigger run up going into mid to end of this year. Yes, not an overnight get rich scheme, but history does repeat itself and this time won't be any different This is not financial advice, but this is what we have done and will be doing.
Long
by CryptoManiac101
1
"LONG" USD Falling Wedge Pattern!!I believe we are in a falling wedge pattern which could potentially take us to 6.42 and coincides with the fib retracement( GOLDEN POCKET) between 0.618 and 0.65, the 200MA marks the end of the wedge and could be considered as strong support for this move upwards. Also there is strong hidden bullish divergence on MACD & RSI ... - Ofcourse we must not disregard a few negatives which are that we have just had a death cross with the 50MA crossing the 100MA downwards. I would love to hear your thoughts about this analysis, as i am always trying to learn and gain experince using different techniques!! I am not trading this Trade nor do i advise on using it, this is purely educational purpose only. Thank you.
Long
by CannonMohamed
Ambrosus - correction nearing completionAmbrosus is a low market cap coin with excellent fundamentals . After bottoming out in April, during an accumulation phase, it mooned, increasing its value by over 3x. It is now undergoing its correction, giving us another chance to reload on this potential juggernaut. First of all, it is probably in the midst of its macro wave 3 (Elliot Wave). The run up from April was very likely the wave 1 of the macro Wave 3, meaning that there is an impending Wave 3 of Wave 3, aka the king of all elliot impulse waves that are typically by far the strongest out there. The fib retracement shows that we are right at the doorstep of the golden pocket, which is the zone between the .618 and .65 on the fib retracement (0.00005280 - .00005488 BTC), which is where the teal arrow on the chart points to. The golden pocket also happens to fall right on the target, designated by the yellow vertical line on the chart, derived from the head and shoulders pattern formed at the recent top at around 0.000095 BTC. We can also appreciate bullish divergence on the 1 hr chart (teal lines on chart). Finally ,we are in a falling channel/wedge, which usually break to the upside. All of these point to an excellent opportunity, imo. I have already entered the trade early at .00005511 BTC. However, as per the TA, entry points: 0.00005289 - 0.00005540 depending on how conservative you are with your entry points. Stop loss - .00005240 One point to keep in mind that there is a chance that AMB will continue down the falling channel/wedge a little bit more and correct to the 0.786 fib level (.000044), which is why we have the stop loss. This is unlikely imo, but nothing is certain in markets. fundamental factors - supply chain coin, strong team, recently announced masternode program, impending partnership announcements supposedly with huge food and drug companies not financial advice
A
by Aankhein