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Make or Break for Bitcoin in week of 16th July 2018 [BTFD]Looking at four hour chart on Bitcoin/USD we see over the weekend it good bounced from around the 0.618% fib level... The new Cycle of Power Indicator is showing a change from bearish to bullish conditions and the RSI coming into the overbought levels - this is shown by the change of colour of the line to grey We also have a Death Cross on a 55/100MA that has just formed So very mixed signals for bitcoin starting this week, if the 0.618% fib level holds and some buying momentum takes us up over 6800 during the week, then we may see some gains and be good for longs, firstly 6400 need to be broken and established as a floor support and solid buying action as the week starts and then going up to 6600 and above.... IF the 0.618% fib level breaks (currently around 6180 area) then most likely we will be back in power with the Bears and price will come down to touch just below $6,000, even going as low as 5800 area, now if buy support is strong and this does play out we will examine the market after we see the moves that start the week weekday markets open 10pm GMT +1, so get used to checking the price and movement once the institutions are back on the board and moving pieces around, expect a few squeezes along the way i'm calling neutral for this chart but im kinda leaning towards the bearish scenario, the psyche levels of 6300 and 6200 are pretty important, so keep eyes peeled on these levels of support and watch for opposite from 6600 & 6800
COINBASE:BTCUSD
by majorlee
1
Market Corrected. Where to go from here and how to make $$$Hi Everyone, Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not exactly apples to apples (comparing LTC to BTC charts). LTC is currently following BTC's movements. I have already notified my telegram group of this trade early morning and have netted today's %'s. We have already seen Phase one complete this morning, and in the tail end of Phase Two. with LTC rising to $290. Sold...retraced to $240 and on the rise to $290. What we can expect is another retrace back to $250-260 area and a final movement upwards north of $300 resuming a 45 degree trajectory growth. I have also included my BTC chart that I dropped several hours ago which essentially states the similar theory. Short Term Trades: Accumulate $250 and below sell at $300. Wait for Retrace, buy back in and hold for north of $300. Long Term Trades: Anything closer to the low $200's is a great position to build and generate north of 100% ROI in the next month or so, as LTC progresses to attach previous ATH of $420 and the bigger goal of $500. Good luck on all of your trades. I didnt explain this trade as much but feel free to PM/comment if you have any questions. Merry Christmas & Happy New Year! Regalia
COINBASE:BTCUSDLong
by regalia
5
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FX:SPX500
by shafayat002
1
KMI -Kinder Morgan Warren Buffett keeps adding to his bets on the oil industry Berkshire owned about 26.53 million Kinder Morgan shares worth roughly $395.9 million at year end, according to a U.S. Securities and Exchange Commission filing detailing its U.S.-listed stock investments. Kinder Morgan is a company headquartered in downtown Houston, Texas. It is the largest energy infrastructure company in North America. Kinder Morgan owns about 180 terminals that store and handle products such as gasoline, coal, and petroleum coke. Kinder Morgan's CO2 division provides carbon dioxide (CO2) for enhanced oil recovery projects in North America.] In 2014, a third of the natural gas that moved in the United States passed through a Kinder Morgan asset.
NYSE:KMI
by alibalive