Facebook FB LONGlong term: ascending triangle
Short term: price is still held in a triangle formation. a break on the downside seems more attainable.
scenario 1: break lower
sell after retset of 71.8 into support below
look for buy confirmations around the support region
scenario 2: break above
I would wait for a retest of of triangle
long till first target (once achieved reduce position size)
Invest
I told you to go long BTC! my game plan wins!Hi guys! it is turning mecard, again! what a pleasant weekend! i longed btc from 68 at aug 31th, i sold this at my targets!
yes i nailed it! i will humbly study more to nail more!
people who though this was going to 6k opened shorts at 71 levels. why are people shorting btc when it keeps showing bullish formation? i think we can short this for mid term at next 5 conditions.
1. bear div over 2~3days in daily(NOT 4HR, 1HR->its short term) stoch, rsi, mfi all show same pattern
2. daily rsi reached peak(now surpassing 60, it targets 70, so we wait for whether it goes over that or touch!)
3. daily candle show doji, shooting star, or bearish engulfing, or array of spinning bars at double topped price
4. when longs are extremely more stacked up then shorts, going insane
5. when it encounters heavy resistance(daily 50MA, 200ma, weekly 21ema, monthly 7ma..etc)
now consolidating at 7.2~7.3, now i think btc is almost at the moment of truth, whether it will continue its run! anyway, my headline for TA is just like last time, but the wording changed to 'longed'. i think it is still keeping its bullishness!
as you see btc closed its daily candle at 7295, weekly bullish, monthly bullish, very nice. of course we have retracement, huge drops, but it seems that btc wants to jump more in the mid-long term! lets get right into it!
now we are nearing a very timid zone! downtrend line+wedge resistance+daily 200MA resistance!
you see the yellow line, that is daily 200ma now at 7800ish. also the blue downtrending line nearing at 7500ish, and it is also the wedge top resistance which has a red ichimoku cloud below!
so now 7120 is very, very important support guys. from sep 3rd, 4th, when btc breaks down 7100, stoploss your longs! it means
it would go below down the red cloud which will go to 6400. but! do you think btc will go down today after closing at 7295 almost breaking above the green cloud now? no, no, no. still we need to see upwards. btc needs to test 200MA, downtrend line, wedge resistance line, even though it wants to collapse! of course, there is always chance it just drops from current level! who knows! but!
if we break above 200ma 78, close there daily or 4hr, we can even see 8k or more.
so this week the name of the game is this: go above 75/76, close 78 or touch 74/75/76 and fall.
or, if we touch 75/76, but, retracement only stops at 72 or 70, it is super bullish then!
this week will be very important. looking at daily rsi it broke above 60, i think it will test 70. which we go into onverbought territory. we have to wait for such move too.
i look at a drop(even though it is short lived or long) at 74~76 zone anyways. retracement is needed.
so maybe, perfect number for short position can be 7573, around 7550~7600. top of the wedge resistance+2ooMA resistance, and downtrend line. whales usually surpass downtrendline go up, but dump too. so just be aware of this spot for now. i plan to open short if btc comes at that level.
today, i think we will see retracement. see, btc didn't go up so much, but indicators are already burning up. but i believe
even if there is some retracement, it will go up levels.
so today, short term, i opened short at 7300ish, target is 7100/7040. i also plan to go long at 7040/7000 zone,
if btc makes somewhat hammer, bullish bottom formation like what it did in 68zone to come to 7200ish. this might all
happen today, or next 24 hours so watch out!
so trading plan is
1. open short(bitmex)
7300~7370
target:7100/7040/6980
stploss:7380(if you have more btc, you can open 7470/7550 to add up with stopping)
2. open long
6980~7100
target:7300/7400/7500
stoploss:6880
have a good day!
EKSO - Buy and hold for future exoskeleton growthI have been wanting to get long-term invested in the stocks that I think will greatly benefit from future technology trends. I believe that pure robotics are further in the future than most people realize, but wearable robotics are much closer to adoption. With that opinion I want to be positioning myself in the exoskeleton market. There are a number of very small exoskeleton companies but the one that stands out me the most is EKSO. A few things that stand out are that they are not only penetrating the medical market but they are also heavily focused on the industrial market, where as the other exoskeleton companies are primarily focused on the medical market. Ekso has also recently landed a few contracts, one with the VA and another with Ford that will help them generate the revenue they need to become profitable.
As with most small growth companies the biggest risk here is that they are not yet profitable and will need to generate cash flow through debt or stock dilution, which makes it very important to not jump in too earlier. Up until now it has been too early to buy and hold but I believe with the Ford and VA contracts they may be a few quarters from turning the corner and becoming profitable.
Price is still a little rich at this point but I will be looking to buy a little bit around $2.20 - $2.00 as a long term speculative buy-and-hold.
DSHBTC investment opportunityWonder what to do with the coin on the lowest level of the price ever? All supports had broke and TA does not allow to determine the further movement? This is an awesome investment opportunity. Personally, I'd bought DSH and will have bought it more in case of price down. My position is to purchase of such assets not more than 1-2% of depo for mid and long term. Good luck!
IOTA !!! One to Watch Im a big fan of Ripple (XRP) Over the months iv'e started to speculate a wider range of crypto currencies and there behaviours
and this chart is one of the Few that Really stand out to me.
One not to miss...
------ Side note for those following-------
This is an investment type of strategy and not something i am TRADING !
the price levels and buy entires are not areas i think the market is going to go up as soon as it reaches there if it reaches those
price levels that i would consider and am looking to invest and purchase Iota Coins.
Long TESLA: 290 Great entry, first reaching this price in 2014LONG
Great entry atm for $TSLA, alot of FUD and negative media push to discredit tesla = Great entry points, when major news is creating FUD and price Reacts BUY!
We have great support line at $287 going back to 2014 , lowest price today hitting, $296
MACD has crossed over to the downside and is looking bearish which is our negative indicator
Trend is still up for TESLA and we like to trade with the trend + with great support line of 4 years can counter trade the MACD
EOS/USD: resistance area solid as a rock.EOSUSD showing a really strong barrier for price between 15-16.
Strong rejection with a significant sell off, not really likely to push any higher.
Anyways, on the DAILY timeframe it looks like price is switching to an uptrend because price broke the highs. My view is still neutral/bearish on this pair.
Also, check other cryptoanalysis to see any potential corelation between them.
Dear bitcoin, please choose a sidePotential head and shoulder forming up, which means downside momentum on its way, but price already broke the trendline, which means upside momentum expected. Total indecision all the time, here are some possibilities. No real strong analysis or reliable setup, just a market outlook.
What do you think price is going to do?
Analysis on Facebook 5.06.2018The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 195.00
• Take Profit Level: 200.00 (500 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 191.00
• Take Profit Level: 190.00 (100 pips)
The price of Bitcoin (€) might get uptrend in daily timeframeActually, the price of the Bitcoin (in Euro) is about to get over the 4-hour timeframe Ichimoku Cloud.
€6683 might be the first level (if crossed) that could be a confirmation of the uptrend. The Lagging Span Line (Chikou Span Line) should get completely over the Kumo Cloud in daily timeframe, that means that a full Japanese Candlestick should be over the Kumo Cloud (Open Price and Close Price) to have a confirmation of the uptrend and that would be a potential buy zone.
QuantstampThis is a chart kind of like Enigma's imo. Trading in this channel for almost two months now. I do not expect it to break lower. This may be a little more risky trade, but I like the odds here. We could see a bounce off uptrend support and then a pop out of a short term wedge from the past several days. It also has 40% or so back to the top of the channel.
ZcoinThis is an interesting one for me. I have always been a big Zcoin fan. It seemed to respect my support level to some extent and come back above. This is one to watch and might be a buy soon if it continues to respect this support.
EnigmaEnigma is a buy to me right here. It may go slightly lower but I expect it to bounce off the support line and cloud it that happened. It has played out in this channel for quite some time now and I don't think that will end now. Strong upside to previous highs a couple weeks ago.
LTC/BTC (Chart 03 of Training Log)This chart remains very obscure to me.
I have tried to identify Horizontal Support and potential buy zone where a fake out could happen.
The orange line represent the wedge pattern formation that is currently in play. We are at the end of the Pattern with narrowing Bollinger Bands suggesting that this stagnant and steady price action we have been having will come to an end.
IF we get a break through the support then I would expect to see LTC Plummet vs BTC. On the flip side if LTC manages to break through resistance then there is not much left in the way of local resistance so we could see a retest of ATH (Due to the incoming period of extreme volatility).
The RED line (Candle Wicks NOT INCLUDED ) indicates a diagonal support line that was breached a few days ago, We are still in a range of it being able to pull back in and continue above the trend line, if this happens we should expect to see the price break through the resistance located at the apex of the Wedge formed by the red and orange line.... This seems very unlikely to happen in my opinion
Again IM NOT SPECULATING PRICE ACTION in this chart. I'm simply applying some indicators to the chart that looks challenging to me. Feel free to add to this discussion on why you believe LTC will follow path X,Y,Z
EOS/USD, Daily Chart Analysis 5/1The EOS coin has witnessed a tremendous run-up, soaring over 286% from the lows of $5.1000 on April 1 to the new All-time highs of $23.0290 on April 29.
Soon after such an impressive run, the Key resistance high developed at $21.4120 under an All-Time high. The Mean support level of correction is $14.4600; the Key support lays at 11.1300
Before initiating any new long/short positions, we need to honor both supports and Key resistance for precise entry points.
LTC/USD, Daily Chart Analysis_UpdateLitecoin short-term perspective is rather positive; however, in a longer term, it is to some degree mixed. Shortly, the digital coin completed its Coin Destination (CD) at $149.00. But, it may face solid resistance at $169.20. Fundamentally, the coin has received a lot of support this week. The market segment started out purchasing out the Litecoin as soon as the news on the crypto spread by being listed at Korbit exchange. As the recent reports say, the crypto began trading on Korbit April 18, with withdrawals available on April 19.
ETH Long and Hodl :)Not actually trading this pair but decided to join the cryptocurrency bandwagon by buying ETH regularly (cost-averaging). With Ethereum switching to POS (proof of stake) which is more energy efficient because it doesn't rely on mining anymore like BTC, but is similar to IOTA's Tangle, and also with a couple of smart money investing in the ethereum network like JP Morgan's Quorum, I find it a good opportunity to invest in ETH instead of the highly volatile and risky BTC.
usethebitcoin.com
fortune.com
smartereum.com
Confidence: A (though only time can tell where this crazy crypto adventure will lead me lol, I have strong conviction that this 2nd most popular cyptocurrency will rise further up to 7-10k between this year and 2020)
BNB/BTCI am very bullish on BNB once the market gains some momentum. It is in a massive ascending triangle dating back to December. I believe BNB is fundamentally undervalued, so this is a coin worth holding for the long term regardless. This chart just makes me even more bullish. Trading based on this triangle and then the breakout.