XRP Nose DivingAll indications are that XRP is heading for a major nosedive, after yesterdays rumours of Coinbase listing XRP during routine maintenance didn't come true we saw massive sell volume and XRP dropped from around 11100 sats to this mornings low of below 10200 sats. We keep seeing oversold indicators but then very little buy volume, 70 and 100 ema are well and truly above where current levels. We just broke through the support that had be previously tested 4 times and it powered straight through it, if trend continues, we are looking at moving to previous levels before December 2017.
Macd-h
Trading Signal for Ripple (XRPUSDT) formed by SMA100 and 1.300000 resistance level. DMI supports upward movement.
We can place pending orders for buy above the local swing high. If the price breaks this level, we'll get an additional signal confirming the upward movement. Entry level is 1.290000 with stop orders at 1.208000 level. Profit targets are 1.460000 and 1.650000 resistance levels. The part of trade volume can be left for long run.
Cryptocurrency Exchange: Bittrex
Buy: 1.290000 // Stop-Loss: 1.208000 // Take-Profit: 1.460000 / 1.650000
One of the most undervalued coins right nowOne of the most undervalued coins right now. It has only $20M marcetcap.
0.618 correction is done. MACD is about to cross over uptrend. It actually doesn't matter that much as the project itself does! Check it out in the article below!
BTCUSD - Bitcoin likes to dump and run. RSI - MACD bearishBitcoin is nearing a critical point. One of the key elements of this TA is to view the chart on a Logarithmic Scale not Linear. If you right click in the right hand scale and select log scale it will toggle the scale type. The yellow trend line(TL) is taken from a weekly chart. Price has remained faithful to this trend line but many traders still may be looking at price from a different perspective (linear scale) which may explain why price is sluggish and going sideways now.
Notice patterns in the past where bitcoin price makes a more violent drop in price and quickly rebounds into a new impulse wave. I don't know if we will get that type of play at this intersection; although RSI and MACD are still showing bearish signals. RSI has yet to cross the "oversold" territory (below 30) and MACD has yet to post a crossover reversal signal. If you are trading these signals you're still waiting for a capitulation in the market and a classic Bitcoin dump and run. At any rate make sure to pay mind to the mid-term counter TL and the long term TL.
-Jared
Qwark vs BTC (mid&long term opportunity invesment 569% profits)I would like to share a quick analysis with you about Qwark (QWARK) against Bitcoin 2.29% ( BTC 2.29% ):
We will be looking here mainly at the daily chart . Here is what you can notice at first glance from the chart:
We can clearly see after QWARK broke out the falling wedge and reached ATL at price 0.00000845 started to pull back to our buy zone which is the green area .
- Indicators: MACD , STOCH , ADX & DMI
MACD : showing negative value which was caused by recent selling off after BTC correction .. eventually with any move it will support the bullish run .
STOCH : is at the over sold Area .. with more volume this should back to higher values ..
ADX & DMI : ADX showing strong move ,
+DMI showing strong buying inside the consolidation zone ..
*** Instructions
Buy-in: 0.00002100– 0.00002510
Stop-loss: 0.00001360
Targets :
1- 0.00003500
2- 0.00006016
3- 0.00007613
4- 0.00009210
5- 0.00011100
6- 0.00014380 (OLD ATH) AKA "All Time High"
FINAL NOTE :
- This coin for mid and long Term investment specially with current Team project of issuing Crypto Credit Cards .
- Use the targets as reference points to sell when you want to take profits. Not all targets are meant to be reached. 100-300% is more than enough profit, and, consider starting to selling small amounts of your coins as soon as you are 30-50% above your own buy-in price. Just some quick suggestions.
- Qwark reached previous ATH at 17th of August 2017 .
BTCUSD - Parabolic Move and What Comes NextWe can see that the wick touched the 0.786 retracement level which is in confluence of 20 period moving average.
But then the candle went back up again and is sitting pretty above fibonacci retracement level 0.618.
If it closes below the 0.618 level, see you in 8k.
If we close the weekly candle like this, parabolic is still intact and we can easily see 25k in the next few weeks.
Apparently, the recent dip was caused by the BTC Futures contracts expiring that's why there has been a sell off.
BUT
What I'm really worried about is the MACD. It's so steep and it's on the verge of diverging into bearish territory.
At this point, traders must be cautious and set tight stop loss.
RSI must not go below support which is 54, otherwise, parabolic ends and that's where doomsday begins.
Good luck!
BTC/USD Uptrend channel after correction good times bad timesUp-trend channel has formed. it looks like it is bouncing on the bottom of the channel. Is it time to go up for few days now?
Positive MACD signal line is being crossed.
RSI relatively low. Let's have a look.
I will update it in some time.
Will this be bullish next week?Any constructive criticism is welcome :-)
I made some comments on the chart and it looks like it will be bullish next week.
I don't think it will be a strong trend up but at least it seems to be an uptrend. :-)
/Pat
SALT breaking outSALT breaking out on the 1 hour chart downtrend.
Looks like alts still have some life in them. :)
MACD looking bullish
Long term target 0.001321
Dont be salty!
-phazednb
Possible swing trade opportunity with SIA Coin.SIA Coin showing promising up trend momentum. If SIA can close above the 23.6 fib and maintain promising upward momentum I would consider entering the trade around 230 Satoshis. First target to sell 50% of investment @347 Satoshis. Second target to sell 25% of investment @ 443 Satoshis. Third and final target sell 25% of investment @540 Satoshis. I would set a stop limit @ 181 Satoshis if trend turns into further downward trend. Overall RSI and MACD are showing positive upward moment as well as holding above 50,100, and 200 day SMA. Could be a great swing trade in my opinion!
GNC meets my best setup, downtrend, RSI and MACD converge1) Structure- Price at all-time low.
2) Trend- TTF downtrend, LTF downtrend.
3) Strength & Weakness- TTF strong selling, LTF weak selling.
4) Future Trend Setup- Bullish up to 4.63 RSS.
5) Indicators- TTF: i) RSI- 32 Converge sideway.
ii) KC- Lower Channel down.
iii) 20EMA- Down, Price lower.
iv) MACD Lines- Parallel down, <0.
v) Histogram- Converge up, <0.
6) VSA- Volume) More volu interest on up vs down.
Spread) Wide spread on up bar, narrow on down bar.
Price) Closed high on up bar, mid on down bar.
News) Slumped, time bomb.
Condition:
1. If price gaps up high at pre-market or market open, I will cancel the orders and wait for a gap up pullback on 1min/5min timeframe with good R:R ratio to get in again.
2. If my entry is triggered with weakness or potential trapped, I will watch the move for the next 30min and get out of the trade if strong selling occurs. Hold the S1 position if weak selling follows through.
3. If no sign of strength and weakness on both sides, my order will remain.
4. If further weak selling is coming, I will find a better LWP for entry.
5. If strong selling follows, orders will be cancelled and reassessment is needed.
HMNY mets my best setup.1) Structure- Price at SPP.
2) Trend- TTF downtrend, LTF downtrend.
3) Strength & Weakness- TTF weak selling, LTF strong buying & weak selling.
4) Future Trend Setup- Bullish up to 9.64 RSS.
5) Indicators- TTF: i) RSI- 40 Converge sideway.
ii) KC- Lower Channel down.
iii) 20EMA- Down, Price lower.
iv) MACD Lines- Parallel down, above 0.
v) Histogram- Converge up, below 0.
6) VSA- Volume) More volu interest on upside than down.
Spread) Wide spread on up bar, narrow on down bar.
Price) Closed high on up bar, low on down bar.
News) 1 million Moviepass subscribers.
Condition:
1. If price gaps up high at pre-market or market open, I will cancel the orders and wait for a gap up pullback on 1min/5min timeframe with good R:R ratio to get in again.
2. If my entry is triggered with weakness or potential trapped, I will watch the move for the next 30min and get out of the trade if strong selling occurs. Hold the S1 position if weak selling follows through.
3. If no sign of strength and weakness on both sides, my order will remain.
4. If further weak selling is coming, I will find a better LWP for entry.
5. If strong selling follows, orders will be cancelled and reassessment is needed.
SDRL # Price marked up from previous low breakdown failure(less volume are interested to the breakdown).
# Mark up is supported by volume spike showing interest.
# RSI higher high. MACD lines up below 0, histogram converge.
# News: Restructuring plan.
Condition:
1. If price gaps up high at pre-market or market open, I will cancel the orders and wait for a gap up pullback on 1min/5min timeframe with good R:R ratio to get in again.
2. If my entry is triggered with weakness or potential trapped, I will watch the move for the next 30min and get out of the trade if strong selling occurs. Hold the S1 position if weak selling follows through.
3. If no sign of strength and weakness on both sides, my order will remain.
4. If further weak selling is coming, I will find a better LWP for entry.
5. If strong selling follows, orders will be cancelled and reassessment is needed.
BTCUSD - End of Correction? Bull Trap? Opportunity!Is this the end of the correction or is this a bull trap? We don't know yet. Nevertheless, it's worth a shot.
Bitcoin is showing new strength by breaking 15000$ resistance level with highly increased volume. This is also the bullish confirmation of a symmetric triangle pattern.
Depending on future movement this could be a short-term trade or the opportunity to build a long-term trade. Because of this I entered at 15000 with 10% of the maximum amount I'm willing to bet on Bitcoin in the long run.
I only consider opening trades that show a risk:reward ratio higher than 2:1.
Time to do some math:
Target: 19000$
Entered at: 15000$
Stop: 13299$
Risk:Reward Ratio: 2.35:1
Good Luck.
Disclaimer: I'm a relatively unexperienced trader, so don't consider this investment advice. I'm mostly here on tradingview to improve my trading skills. So don't hesitate to give some feedback.
SE1 MACD crossThe MACD signal line is crossing in an upward trend as the Bollinger bands squeeze. SP is close to support level and ready to rise.
NEO BTC IN BUY ZONEIve noticed a patter here, in July NEO did a 5 wave consolidation until it broke out and mooned.
Right now it looks like NEO has done another 5 wave consolidation and is reached the demand zone once again.
This may be a good time to get in, NEO is a great project and still has alot of potential.
Happy Trading
- phazednb
AUDCAD Bullish PotentialBullish Gartley formation to the bottom of weekly ascending channel and RSI close to oversold conditions. ABC potential completion with divergence on the daily timeframe.
1) Never risk more than 2% of your account.
2) Try to be motionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.