Golong
BTC/USD ultimate WIPEOUT before pump...Hers what I mean by wipeout of folks before pump.
Take a look at this chart, this is BTC/USD compared with BTC/USDLONGS in the blue line monthly or weekly candles.
For me looks obvious when most are betting long BTC price is down, when most are betting short BTC price tends to move up.
I’m sitting on USD and waiting to see if BTC cleans out Long positions before moving up, so at this time I’ll pop some popcorn and just watch, since the theatre’s are closed and I’ll enjoy watching this.
Stay safe, make money, and till next time.....
Gochain bottom in? Next big leg up awaits us?- Price seems to be trading deep within a falling wedge (bullish pattern).
- Trading just above horizontal support area and exactly on the 100 daily EMA support
- 100 daily EMA was the bottom during the previous large correction down to 145.
- We've had 2 quick wicks through the ichimoku cloud, but are trading within the cloud, which should act as support.
- The fact that we see 2 wicks this sieze in a row shows that buyers are very eager to step in at the levels below us.
- Tenkan-sen (blue line) is still above the Kiju-sen (red) which is a bullish signal
- The bounce from 178 satoshi was exactly the .786 fibbonnaci measured from the bottom to top of the last rally (145-299).
- RSI bounced from the bottom of a falling wedge and is forming a hidden bullish divergence, which is only negated if we drop below 145.
Besides this TA, Gochain is launching Arabian Bourse exchange and payment solutions in Q1, which is ending in the coming weeks.
Gochain breakout in the next 32 hours? Upside potential of 350 Possible breakout to 320-350 satoshi area in the next 32 hours if the triangle plays out.
Massive Risk/Reward RIght Now In GrubhubGRUB Is sitting right on support for the channel it has been surfing. This has a ratio of about 37:1 in favor of risk to reward due to this. Stop loss can be set just below support line at 55.50, which only allows for a 1.65% loss before cutting out. However, if it does catch on this trend line support, it allows for the possibility of the entire run back up to channel resistance, which is an over 37% gain! Now that's what I call low risk/high reward trading! Could play this straight up with stocks, or could play options instead, which I heavily favor for trading. I personally like Sept 20th C65, currently available for about 42 bucks per contract. Keep the stop loss where its at, let the trade go if it breaks below. Plenty of opportunity in the market, don't get caught in only one! Happy hunting and GLTA!!
I said CORRECTION WAS OVER!!! we should see 22,000 USD sooon :))Hello Traders
when I wrote the previous idea about BTC below on 01 Dec 2018 , I received a lot of negative comments, guess what!!!! we are reaching the 22,000 USD and for sure we will go over 22,000 USD.
Please check this idea below.
A major resistant line price here is 11,788 USD not 10,000 USD, by reaching beyond this price, we can become relieved that this could be the 3rd wave we are waiting for :) .
My recommendation is the following:
1- DO NOT SELL BTC now.
2- Buy stop on 11,789 USD
3- another buy stop on 19,892.
Happy Freaking Trading :))
Harbs
Strong buy Baba buy Calls or buy stock with a stop lossBaba is ridiculous undervalue, is the number retail in China, yes there a lot of noise and risk, about china dispute trade future, but if you are an optimistic person, like me and buy bargains this is the time of take advatange of fear, now is more clear with the down trend is broken, honestly i really think that this stock could really boom, to $175-185 level by dic or Jan so I would buy near the many calls, if it breaks $162 level and breaks $165 it would possibly fly, i would take some limit risk dic 21-28 or Jan 18 calls $160 or Jan $165 if you are patience enough could benefit of this trade! if you are long the stock stop loss at $150 level sellet $175-180 level! Bargain!
LTC is potentially making a move toward under 100 (near $75)The final down move towards $75 can be good for LTC. If traded near $85-90 I will go in full force and buy as much as I can.
Target can be as high as $1111 by year end itself.
Remember the same wave when I recommended to pick BTC near $3500 for a target of 8k but it actually made 18k instead lol...
twitter.com
New Hope Appears for BTG - Time to BuyThe whole BTG fork, annoucnement and hype sucked a lot of people into it. If you are one of the people who bought it at $100 and sold at $400 peak good for you.
If you got stuck into it at the peak and hoping it goes up again so you can break even at least, you are with me in this position.
My story with BTG is funny. When it was trading at $400, it had a few flash crashes to $280-$300. So I was pinned to my desk with a limit buy order at $310 so I can dump quickly and make an instant 30% $$$. We had party that night and after 30 minutes of being in front of the computer, a friend came in and I had to go get him from the lobby of our apartment.
Long story short, more guests came and I totally forgot to cancel my limit order. The next morning, I opened up my laptop to check the prices and I noticed that I have BTG in my Bitfinex! Strange! then I remembered that I forgot to cancel the limit order. But it was too late late, BTG was trading below $300 and then I got and didn't want to cut the losses so I waited for it to go up again and look where it is now and I lost 50% of my money in BTG.
Now I see three signals for BTG to become bullish again. The price stablizes between 200 and 170 for the past 3 days.
The slope of Volume Flow Indicator is positive and trend line is moving toward 0 and becoming positive.
And Weis Wave Volume chart shows three picks of green bars showing more buys than sells.
Buy BTG, Go long