Gold short?Hopefully everyone had a great 2017 and learned a lot!
The first idea for this year by me is to short gold. IMO gold needs to calm down after the short term rally. I see gold bearish until the moving averages are hit by the price action and a nice bear pullback has taken place.
This is just an idea, not advice!! Good luck everyone!!!
Midterm
STORJ-BTC Elliotts Wave uptrending POTENCIAL 150% SHORT-MID TERMAs you can see on chart, STORJ is now on the beginning of fifth wave of Elliotts.
Estimated target is about 0.00033 BTC
After its reached, it will fall back and start Elliotts correction waves.
Feel free to donate my if you are happy with my work, even small amoutns are very welcome :). Mine BTC adress:
1PzXczRuwX9zySKRz1Yhon2myDNDDxSNXP
Iota new exchanges very soon! + Pennant paternIota will be listed on new exchanges in the very beginning of 2018. If there will be Bittrex, we're home. Pennant formation is also on our site. One of biggest project in crypto world, added to my portfolio at 0,8$. Confirmation of new exchanges:
www.facebook.com
PowerLedger (POWR) SO MUCH NEWS.. First of all, What is POWR?
"Power Ledger is a blockchain-based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus solar power to their neighbours without a middleman.
The Power Ledger system tracks the generation and consumption of all trading participants and settles energy trades on pre-determined terms and conditions in near real time. A user simply receives a registration email from their Application Host, they click on a link which takes them to the Power Ledger platform where they create a userid and password. That’s it, once logged in they can see their electricity usage and all their P2P trading transaction details." source : Powerledger.io
Lets get straight to why we should be looking at trading POWR.
Fundamentals :
At this moment, POWR is currently one of the semi-finalists in the 2018 Extreme Tech Challenge which is based in Las Vegas, the finalists will be announced in approximately 9 days from now. Should POWR be one of the finalists, the top 3 finalists will have the chance to present in front of the judges that are lead by non other than Richard Branson.
This coin is still at it's early stages yet it's showing so many good signs that this could be a huge thing in 2018 and 2019.
Technical :
First let's look at the MACD, the 1h chart is telling us that the MACD is crossing.
the RSI has been trending upwards
BB is squeezing giving us even a better indication that a break-out is going to happen.
Break-out point : 7000
Buy in zone : 6000 - 6950
Stop loss : 5800 - 5900 (REMEMBER TO ALWAYS SET YOUR STOP-LOSS)
Feel free to set your own stop-loss that satisfy your needs, base it on your entry level, how long you're looking to hold for and what is your target level.
Targets :
7800
8600
9300
10430
11700
(more to come later)
Good luck!
If you liked this, please feel free to thumbs up, follow, share with your friends. I hope you all become rich one day.
ETH/BTCWe are probably in Elliot wave 5, I marked the possible targets of the end of wave 5 because the RSI is already within the overbought zone, we may not even reach the end of wave 5 since we have not yet broken the resistance and the stochastic indicator is showing a divergence, thus allowing prices to reach lower support.
BTC - Short - MidBTC should be in its channel as I've had outlined for a few days now. I'm usually reluctant to post directly about BTC because I find Altcoins so much more intriguing. Nevertheless, I'm confident we should see some nice higher selling points in the near future--as long as we remain above the blue upward trend line until we test the upper channel limits. I will sell at ~5% above upper channel limit. The last time BTCUSD 7-day MA crossed the 30-day MA, we had an 18 day downtrend/sideways channel to work with. Expect great "Alt Weather" on the horizon if we stay lateral after testing the upper channel limit. If BTCUSD closes above the channel followed by a higher high, we should see what everyone was expecting--an increase to a new ATH for BTCUSD.
Cheers, and be smart about your trading,
-Jordan
MONA - Short $11.50 - 16.00+ - Great buy pointsIf we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA.
Bollingers are tightening up, indicating a stable price range has been closed upon.
OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA.
RSI has clearly penetrated the 14 day RSI MA and stayed above in a parallel fashion.
MACD is above the signal line, but again in a parallel fashion and only above the line by a marginal amount.
So long as BTC doesn't hit 17.5k today, MONA should see a massive pump in the next 3-10 days.
My buy points & amounts are as follows:
0.00084 - 50 MONA
0.00077 - 200 MONA
0.00070 - 300+ MONA
Good luck, and as always, be safe with your trades. Bet what YOU want to bet, but understand what Risk vs. Reward is.
Cheers,
-Jordan
P.S. Please comment, agree, or share this if you found it useful. Feel free to leave me direct messages or say something in here if you have questions, or suggestions on my presentation of this technical analysis. Your feedback is tremendously helpful!
Ganesh Housing - Meduim-Term; CBSL 123, Targets 170-180-190 Ganesh Housing Corporation Ltd
NSE Symbol: GANESHHOUC
CMP: 150.8, P/e: 10.05, P/Bv - 0.49, Mcap/sales: 1.02, Div. Yld: 1.38%, D/Eq: 0.90
One can look for buying opportunity in Ganesh Housing, with the Closing basis SL of 123 for the targets of 170-180-190
Key Technicals
* Good volumes
* Cup and Handle Break out
* Trend line break out
Key Fundamentals
* Fundamentally Good stock
* Valuation wise - Under valued compared to peers
* Financially Strong
Litecoin idea, little moon.On the 2 hour chart there is a bullish divergence. Higher lows, higher highs in the chart. The stochRSI made a lower low and RSI is lowering. confirming a potential long. The next resistance is around 509$. I personally plan to sell at around 490-497$ on the exchanges.
I stepped in the ltc/btc pair under 0,0185. For the btc pair also at this price point, I put in the order to sell at 0,0254 with the expectation that btc price is going up to 20k$. Just to play it safe I bet that the maximum price of btc is 19.7k when this target of ltc will hit.
This is my idea I share, use your own due diligence when trading.
First idea ever published hope it goes well...
Michael out.
From now dont say exponential curve, say bitcoinBitcoin is unstopable, unbeleivable, awesome af. I think he's gonna break ( one more ) his resistance line and walk into the 2 highest lines.
You allready know what will be your best christmas present. The grandma pullover will make you smile :)
It's a low estimation. Can be 25 or 30k but for sure (99%) not under 18k.
Have nice trades guys !
STRAT/BTC Short, Mid and Longterm analysisStratis is looking very good at the moment. There is a nice potential U pattern forming.
Should STRAT break the current resistance (thin red line) then the trend reversal is pretty much confirmed.
A buy order can be set at the designated area. A stop loss should be set at the designated area as the trend reversal is everything but confirmed for now.
If it breaks the supportline (large red line) then it's definitely 'abandon ship' time.
At confirmation you can either set a short or mid term target (or a long term target if you're feeling lucky!)
I'll keep this analysis updated regularly.
BCH Long Target Target: $2100
Stop-Loss: $1515
Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this mid-term trend line. Good luck and message me with any suggestions on how i can make these charts easier to read for you.
BCH/ETHI am looking to buy Bitcoin Cash against Ethereum. Until there is a clear bullish signal I will not buy, if we break below the level I will wait. This is just an idea, unless it reacts to the level by a big bullish 4h/d candle.
Good luck everyone!!!
XMR going for line 3It seems that XMR had a healthy pullback which could possibily be the second Elliot wave (0.618 retracement) and is now going for its 3th wave.
Based on Fibs and previous highs, strong resistance expected at at the blue box area. If break through previous high (132), 147 EURO would be next target for XMR.
RSI seems ready to support upgoing trend.
Gold playing between 50 and 200 day moving averageI see that gold movement can be fairly interesting for short term, if we break 50 ma then upper part of the triangle is the target, however upon breaking 200 ma the lower part of the triangle becomes the target.
This is just an idea, not advice. Good luck everyone!!!
EUR/USD bearish for the following week?In my opinion EUR/USD will take a drop to 0.38, I have been watching eu and I think that the next few days are extremely important, if we start dropping we will probably see momentum towards the 0.382 and maybe even the next fib levels longer term or perhaps eu decides to immediately jump up or hit us with a pullback that will reverse the trend. Who knows? I am definitely anticipating a more bearish euro against the dollar at least until we touch 0.38.
This is just an idea! Good luck everyone!!