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MTLUSD Long Term HoldTechnicals
no new lower lows like the majority of coins
near to its all-time-low, but makes higher lows
great risk reward, SL at 2.90 on a close
Fundamentals
concentrating on India and mobile payments, huge grows potential there
- hiring people in the metropole Dehli
- great mobil infrastructur in India
(imo great tool to get exposure to India)
still good interest, shown through volume
search engine stats look very good, steady increase
Risk
- government (that they are hiring people from India makes a bit less risky imo)
- btc dropping like a stone (but Metal is in an uptrend against BTC)
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BTC/EUR price actually trying to get over the cloud in 4H tfIn 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free.
In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the uptrend in 4-hour timeframe and the upper black horizontal line would have to be watched for first TP (low risk).
BEAR CONFIRMATION: The moment of truth for BITCOIN As of now we have confirmed the BEAR trend. Unfortunately this means we will most likely continue down the yellow channel. Notice that in the candle that broke the green line we saw a very sharp sell off. This means this was a key resistance and "opened the floodgates" afterwards.
notice: my probabilities are not calculated just an estimation of current market scenarios
The green area (25% chance): If we can somehow get a strong reversal we will likely break this yellow channel and continue on a greater bull run
The red area (75% chance): This looks the more probable. We will most likely continue down the channel and ultimately completing our A-B-C correction. This means price will likely reach lower than 7000
ABC correction:
www.forexabode.com
**this is not financial advise
ETH/USD keylevels to watch in 1-hour timeframe (for short-term)Here are the main keylevels to watch if the price of ETH/USD goes on being uptrend, for short-time investors (hourly).
I think that the price will go on being uptrend.
The lagging span line still has to get over the cloud in 1-hour timeframe, in order to have a first confirmation of the potential uptrend.
There are also obstacles in higher timeframes, mainly the daily one.
[Invest] Sleeping GiantThis is a long term investment I have been giving since last November as price stabilized on Telegram and to clients
We took some profits around 0.000042 levels because the whole crypto sphere was going into correction, but we have been adding back now at around 0.000032 levels, covering our position, and adding some of the profit made off swinging "shitcoins".
No expiration date or real target on this one, we are in for the very long run, unless we see a major movement exhausted, such as Siacoin's in 2017. I consider it to be one of the sleeping giants of my portfolio.
If you are still in only for a trade, or seeing this post too late, *AND* on the condition btc 0.00% remains in a stable bullish state, we are aiming at 0.00008850 and 0.000148 levels for major re-tracement targets
XVG GOING TO MOON SOON?Looks like the last downtrend is going to end soon. So maybe now a good time to go in on XVG!
AUD/JPY: 4HR PredictionPrice is trading higher after coming close to some support, and daily trend. In addition to the zone, I got my reversal signal. It's highly likely that price my retreat from resistance once more, forming what we like to call a "Head and Shoulders" formation. I went long making an entry on a 4HR time frame. Good luck
STARTMay see a correction and START go lower in the short term, but ultimately I like START's upside in the coming months. Market cap of <$20m leaves a lot of room for growth. I love the potential this has.
BTCUSD: Again Grow UpIn the current situation, which developed in the market of crypto-currencies. Large players are good, knocked down the price of all major crypto-currencies. And gradually they start to gain momentum. Now the price is trading at the level of 11 000 - 15 000 USD for bitcoin, where the next 2-3 days will be located. After that, the set of positions will be up again.
QTUM MOON long idea, huge growth potential + good R/R ratio!
Been watching QTUM since around $11, feel disappointed i missed the 6x boat but that's alright, we're only getting started!
QTUM has a relatively low market cap with a huge amount of growth potential
expecting 100%+
TA says 2hr RSI is very oversold, ready to bounce back soon.
Once the whole 'flippening' FUD goes away, more money will flow into alts and qtum has shown that it can absorb quite a bit of this money lately.
6+hr RSI's are quite overbought however so there are chances of a nice pullback, but i personally like this coin and will hodl it even if the odds are against it.
Plus, the name's cool, and whether you like it or not that's solid grounds for investing ;)
ETC crossroad, the underdog with sharp teeth ?ETC is having it's protocol upgrade / fork today, in approx 7 hours (google ECIP2017 for more info). The purpose of this fork is NOT a new coin (which is why we may see a very short flash crash), but a scarification and mining cap of ETC. I believe a good part is already priced in, but we have potential for further up in the next quarter
Fundamentally speaking, potential is here. ETC has a dedicated team, and is learning from ETH's professionalism, while having a lot more room to grow. Overall, ETCETH chart is showing signs of reversal (see next update for chart). It is aimed at a different market than ETH, and while the target for etc is actually half of eth's, the signs of reversal of ETCETH is telling me we might see a XRP / XLM rerun with the same decoupling of a sister coins. More or less a "half or quintuple your profits". Which is why I and some of my clients have been diversifying into ETC.
In the short term, the dollar value will directly depend on BTC's behavior, especially to futures and new year's sellout (book gains on new fiscal year), as it is directly in the middle of the channel, and accumulating above resistance. I expect the move to be sharp, but I am in since quite some time, and if you follow my other ideas, added ETC on dip after banking on ETH and then vice versa (trading ETCETH), which allowed me to almost double my overall crypto position, split in both without adding any new fiat.
Risk reward is amazing in both BTC and USD value
If you have no position, try adding **slowly** around now, as the buying opportunity has passed and with a stop loss to not hold bags. I expect to see a rerun of my XMR analysis
Stay frosty
[Invest/Swing] KMD Long buy opportunityWith BTC going nuts, I don't think we should look at X/BTC prices for the time being, at least until everything is settled. Still it has influence, and we could see more KMD/BTC drop before any rise
Everything is on the chart, fundamentals looks good, even if maybe subpar to concurence according to some. Great ideas, doubtful marketing/volatility
Risky trade, especially now, I would not put too much in it
Stay frosty
Bitcoin: Correction PhaseHow is everything doing lately? The crypto market have been very hot lately with bitcoin on a killing spree. However, not every spree last forever. Especially if what it was offering before, B2X coins, are no more. We should see Bitcoin correcting itself to previous level before the event. Money will start flowing back into alt coins, making Bitcoin correct to a fairer price. Now I am bullish on Bitcoin long term, but I do believe a healthy correction to show support and demand is needed to sustain this growth. If you have been watching my videos on youtube. I explained why I am bearish on bitcoin for the short term and my prediction of what just happened before it happened.
Bitcoin finished it 5 wave structure already, completing an overall big 1st wave. We are now entering phase 2, which will be a correction leading up to the biggest run we are about to see in history. It just happens the biggest run is now potentially having institutional money involve in 2018, further signaling a big run soon. All in all, be prepared. What are your thoughts?
Trade with care.
Youtube: www.youtube.com