Mid-Term Ethereum Algo Swing SetupsActive algo target looks to have front-run "hit" it's first target with target 2 waiting for the next leg up (chart on the left). If we retrace a bit first then I'm looking to enter the second setup in the golden pocket (chart on the right) Yes, I'm using .666 rather than .65 for my stop loss these days. There are some other nice supports in this general region and I really like setups where I can tightly manage my risk.
Goldenpocket
We've personally took a position in $ZIL | #Zilliqa here! We've personally took a position in $ZIL | #Zilliqa here!
And you should too! Massive upside is on the horizon...
#LNVGY | #Lenovo is pushing up at MASSIVE RESISTANCE; wait for..#LNVGY | #Lenovo is pushing up at MASSIVE RESISTANCE.
...so wait for a break higher w/ VOLUME CONFIRMATION!
And, if there is NO volume confirmation, then we'd likely SHORT it.
Realistically, we should see a pullback to at least the 0.5 fibonacci region.
If #LNVGY breaks slightly lower than the GOLDEN POCKET (0.6 to 0.65), then
we'd be interesting in going LONG with a tight stop-loss at 0.78!
#BitcoinSV | $BSV/btc is currently sitting in the GOLDEN POCKET!#BitcoinSV | $BSV/btc is currently sitting in the GOLDEN POCKET! Taking a chance. Will definitely add a stop-loss soon; in case of pattern invalidation!
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" 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.
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
08-04-2018 TRX/BTCTRX is in a ascending channel, indicators are showing upwards potential (bounce on RSI, Stoch oversold, bounce on 55 MA) and a bounce on the golden pocket retracement (.65 fib level). These are all indications of upwards movement.
If bitcoin stays stable or goes up it might be possible to hit somewhere in the 700ish satoshi level.