Libra
LINAUSDT Early Buy for Trend Reversal!!BINANCE:LINAUSDT
The main reason for the buy plan is the Libra pattern.
The swing analyses indicate that there might be a trend reversal but before the massive buy which is probably the 3rd wave of the Elliot, there should be a fair price.
The fair price is 0.03 we guess which is also the fib retracement level!
Around the fair price, we will be seeking a price action signal that enough to trigger all buyers in the market and will be targeting the last higher point for the half portion of our order.
After the first target, if the trend will continue we will be in it!
Stops should be tightened because the lowest point is so far to build an appropriate risk/reward correlation.
Pump and Dump ?This was a really talked about coin in the uphold community can still be bought often times people mistake this one for Facebook's libra ,if that's the case then it may be the reason for the pump in recent months ,I've been watching it and it has really clean breakouts so a break of this wedge has it pointed to .02. Lower levels can come fast so that's why I use 15-20% stop losses wait to see where it consolidates and buy again with a stop. The team is really inactive which doesn't help any coin .
*Not a recommendation to buy ,just my observations and I have positions in everything I post.
Long Term Chart on LTCUSDCOINBASE:LTCUSD has two paths:
Bullish to 400
OR we will go to zero
To trigger the trade you need some important news about ltc or crypto market (like Libra)
The news has to be real not some fake news that you read on websites that pretend to be crypto expert or you gonna burn your money.
To make money you have to trade the news not the rumor.
This is a general chart you can see that all altcoins have a similar chart.
This is not investment advice if you make money or lose money it is your responsibility.
Sorry for the broken English
DBL bottom STEEMUSD confirmed with BB KC FIBO + VOLUMEParabolic SHORT opportunity presenting itself on $STEEMUSD as evidenced by the DBL bottom/volume/KC/BB/volume surge & otherwise. Targets 1 & 2 below
Perhaps due to the recent rumors/news about Libra getting cold feet? For if LIBRA were to fall apart; that would leave STEEMIT the leading social media decentralized platform on the blockchain, as it has the most user-base & a solid roadmap after their scorched earth clean house -- whaever they did worked as they are rapidly progressing and satisfying their roadmap in stark contrast to the previous devs who literally kept the platform in BETA for half a decade.
So if I had to guess as to what's causing the bullish signal on $STEEMUSD it'd probably be the recent news about LIBRA/VISA backing down, though the technical indicators seem to support a bullish outlook regardless; whatever the reason may be, it's a good time for entry.
When in doubt, zoom out & in doing so it paints a pretty ugly picture for the outlook of $BTCUSD as we are most definitely due for a huge parabolic surge but it's going to get worse before it gets better...
You know the cliche, "things get the darkest before dawn" and in the case of BTCUSD priceaction it does appear that way.
IMHO we're in for another 2-3 selloffs before a retrace/consolidation & reversal.
IN THE MEANTIME: I can definitely see altseason on the horizon with plenty of undersold & undervalued alts leveling out before BTC crosses 10.2k R again.
HENCE, my recommendation would be to stick to short positions until we get out of this bear trap. There's plenty of money to be made -- both in USD & esp. in pairing against BTC (which I would not advise *unless you really know what you're doing* for i do not recommend novices attempt to play around with pairings unless they don't care if they lose their investments) as it took me a lot of trial/error and thousands of $$ lost over 2015-2016 before I could effectively establish a rhythm for pairing other tokens/coins against BTC & turn a profit even in bear markets (which I really honed my skills at during Cryptowinter) though I digress.
TP:1 0.1508
TP2: 0.1588
Stop: 0.1360
Disclaimer:
Not financial advise; please trade responsibly. Always set stop-losses! DON"T FOMO/FUD
-@a1mtarabichi