EOS Long Term SUPPORT HELD (IDEA)EOS just recently found support on the long term rising trendline.
Bullish divergence on the daily right on the support. RSI and MACD.
If this were to be end of wave 2 then we could see a structure like this play out.
Just my thoughts and idea of how this could play out.
Incoming
BTC - Bloodbath incoming Third time's a charm.
A support line can barely hold up for the third time. That's why the head and shoulders pattern usually work, especially in big time frame like this.
What about altcoin/BTC ? Will there be an altcoin season ? I dont know, I just prefer to short BTC for now.
TNT/BTC - "watch me explode"TNT/BTC looks like a great potential buy here for a powerful move upwards. I am moving my target higher than my previous posts.
Target 1: 0.00000750
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Yellow line indicates t/p.
This is a log chart.
This is not financial advice.
Is it the end of the BTC bear marked 2018?I have been looking at this long therm pattern for a while now and it seems like the price falls nicely into it.
Most of you are saying bicoin will continue to move down and atleast hit the 6000 to 6200 target before bouncing up again.
I dont think this will happen so i opend up a long position at 6340. Since then it seems bitcoin is getting a bounce from the upward trend line and it looks promising.
We have already broken out of the downward trend from JUL high.
We are now seein g higher lows and will probably see some higher highs aswell in the near future.
I dont think the bears will manage to push the price lower than 6300 at this point.
With all the good news comming in to BTC and crypto, I expect some bullish volume and a BTC price to reach somewear in between the 7100 to 7700 area by the end of November.
Call me crazy, but let's see ;)
Where do you think the price will move?
GBP/JPY - Big drop coming (900PIPS potencial)Hello traders,
I detected a bearish endgulfing on the weekly chart on the top of the channel.
I would wait for a clear break of 147 psicological level and then enter this short trade.
After confirmation we can have a much smaller SL.
SWING trade here, but with big potential.
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Reliving 2012?Will BTC follow its path to the moon? Predict consolidation between 1600-2400 for the following 4-6 months and moon like 2013 once we have "scaling resolution" and SegWit activated (and all justified FUD of a contentious hardfork behind us). LTC SegWit moon should follow because of sidechain usefulness for cross-chain atomic swaps, transaction speed and lower fees for microtransactions with non-competing ASICs SCRYPT mining - predict 0.25 BTC per LTC till the end of 2018. These 2 coins together shall be enough scale to cover the entire globe and avoid a unnecessary hardfork that would make Bitcoin less secure by promoting centralization of nodes and alienation of the users. BTC and LTC shall remain P2P money for people to transact between each other globally without the need of any 3rd party if they wish.
Aussie/Canadian Movement IncomingI'm going to be looking for movement here in this region. 3 things could happen.
1.) Pair rebounds quickly without coming close to the resistance/trend-line, in which case I will skip this trade.
2.) Pair falls further into the resistance zone and bounces off of the trend-line. If confirmed, I will enter long.
3.) Pair falls into zone and breaks below trend-line. If confirmed, I will enter short - or look to see if a double top is forming, in which case I will hold off on the trade until that is confirmed.