BTCUSD - Time for euphoria?Just a short quick update
1. Breaking the falling resistance at 3.850$ is a bullish sign
2. The higher low at 3.350$ is a bullish sign
3. First higher high at 4.150$ is bullish sign
Please pay attention and consider it in context. Since November the price lost over 3.000$. Every little reaction rally created a lower high. We didn´t test the low of december to show strenght an a create a real bottom. Now we see 14 days of a bullish bitcoin since a long time. We have to be patient and wait for a confirmation. I expect a maximum of 4.500-4.700$ with touching the falling 200-days average.
Breaking the 200-days average with daily close i have to overthink this assessment.
Have a nice weekend!!!
Mooning
LUN Semi Final BreakoutBINANCE:LUNBTC
A Bullish pennant is spotted, Breakout is expected.
Follow the pennant movement for a good entry.
LUN to the Moon..
DLT ROAD TO 45OO SATBINANCE:DLTBTC
From this harmonic analysis, Bearish trend of dlt ended at 2200sat, uptrend is expected to continue till around 4500sat before final drop to 1500sat to complete the harmonic. this might take days to complete the harmonic, but the trend can range from 2600-3800, back to 3000-3800 and finally, 3400-4500.
this is just my view and not a trading idea, dyor.
Prepare for TRX ReverseTRX is trading around 360 (0.618 fib level) right now trend reverse is possible from 358 as it is the lowest point of the blue uptrend lowerline but There are 2 possible scenarios for TRXBTC:
1) If TRX goes below 358 and reaches to 352-354 zone (lowest point of the black line) a trend reverse is possible from there.
2) If TRX breaks the black line and reaches to 351 a breakout may occur which after confirmation the established downtrend will continue. In this case can the extended triangle chord (lowest red line) play as a strong support and form a Ascending Triangle?
DONT GO LONG BEFORE CONFIRMATION.
[WAN/BTC] WANCHAIN BOTTOM COULD BE THERE [ POT 20-100% PROFIT]#WAN / BTC ( Binance )
Buy Range : 0.0001550-1650
Stop loss : Below 0.0001400 ( Short-term ) , Not recommend ( Long-Term Traders )
Target 1 : 0.0001979
Target 2 : 0.0002337
Target 3 : 0.0003204
WEEKLY CHART :
- No new lows on price action
- RSI pointing up , making new higher low/high
- CCI next to turn into green cycle
- Stoch RSI looks so good
- MACD performing very good
DAILY CHART :
- Clear Breakout of the Daily Triangle to the upside
- Good Volume Spike behind
- Supported By Ema20/Ma50
- Ichimoku cloud breakout and closing above it
- RSI, MACD and CCI going to the upside
- Bottom Candle Spotted
CONCLUSION :
WAN has stopped its falling on August where it seems bottom has been found. Im expecting very good profits on long-term for this coin and ill probably check my targets for new ones when these got reached.
On the short-term bullish actions is showed but market still lacks of volume proper of Waves 1 after massive dump.
I consider a very good moment to invest if you are able to.
Good luck
If XRP Repeats.... #xrpthestandard #xrpIf pattern continue, we may see 0,20 in 2 days. I do believe 0,20 will be a strong support.
Also XRP is now decentralized :
minivalist.cinn.app
We may expect the SEC finally tell everyone XRP is not a security.
Also Weiss Ratings changed their mind about XRP :
twitter.com
Let the weak hands get broke once for all guys ! !
This is not investment advice, only my point of view !
Happy trading.
Another Battle won by Bulls. But will Bulls Win War?The bulls have successfully pushed through 6500 with easy. It was actually an ascending wedge (purple wedge with purple arrowed price objective) that broke out to the upside, which surprised me, I knew there was a possibility of that, however, they are most often a bearish continuation pattern, so I was holding my tongue for a moment with a higher expectation of it going down and then bouncing up once again with greater strength but instead it just broke upwards. Currently, I have placed 20%, 16000, of my free capital at the bottom of the right shoulder in anticipatory buying with tight stops, and there is a lot of anticipatory buying happening now that people feel comfortable that bitcoin has passed the 6500 levels, however, I felt more comfortable with it lower, and eating a loss than taking a risk above 6500.
The buy pressure is increasing, and as you can see in the bottom oscillator, Chaikin Money Flow, more money is currently moving into bitcoin, and this can be seen across multiple exchanges which is a good thing. There is a lot of anticipatory buying, which is forming a really strong bull flag. There will most likely be a move to 6850, and if bitcoin can break out of that neckline on high volume which is to be suspect of at this point because of the increasing volume as bitcoin rises in price, then the price objective for the inverse head and shoulder pattern is roughly 7900 (orange arrow), just under the trendline (purple descending line in top right hand corner) for the descending triangle. A breakout above this trendline would confirm a double bottom and it would mean that the bear market is over. However, if bitcoin fails to breakout of any of these levels we are either going to move sideways or downwards (most likely downwards) denoted by the blue arrows. In addition, depending on the volume of the breakout of the inverse head and shoulder, I suspect that it is completely possible, given enough volume, that bitcoin blows through that trendline given how close it is to the price objective and a head and shoulder pattern hits its price objective roughly 85% of the time, but given how strong the bears are at that trendline the battling could be fierce and it would be the battle that decides the war.
Key points to take away:
1.) Anticipatory buying occurring, gives bulls a strong base to test 6850.
2.) A breakout above 6850 would mean a test of the descending triangle from January 2018.
3) Any breakout the descending triangle would mean a double bottom trend reversal.
Trade smart, Hedge Risk, and Make some money!
Previous Analysis:
BTCUSD Bullish ContinuationI think we are seeing the start of an ascending triangle that will have a breakout upwards. Notice the doji candle that formed right after the wick up to test the dynamic trendline. The black dashed lines are just guesses we will need another push up and back down to truly get an idea of how the triangle looks.
Bitcoin Reversal Currently, it appears to me that bitcoin is following the path of the inverse head and shoulder I have drawn and suggested weeks ago, it has broken the trendline of the last move down in an off shade of blue. So long as 6250 (the green line) stays strong the bullish sentiment will remain and we will continue the pattern. I believe that there is a strong possibility that pattern will be completed. This is also one of the possible last times that the bulls have to reverse this trend.
So, for bitcoin to reverse its trend, it must significantly break the resistance trendline of the descending triangle (the lower purple line was the support and this will now be strong resistance, and the upper purple line was the resistance and it continues to be strong resistance), this would confirm a double bottom and it would send bitcoins price further up and to possible new highs. Failure of breaking the trendline would mean that we are most likely going to continue move sideways or continue our slow decent downwards. Once completed, the inverted head and shoulders has about an 80% chance of reaching its target objective. The Large oval is the point at which I believe bitcoin will test these trendlines.
If the inverse head and shoulder is completed then it will be going upwards to test the trend lines, if not then it will continue moving downwards or sideways.
If bitcoin cannot break the first trendline of the descending triangle, then it will continue downwards, if it can break the first trendline, it must test the true resistance which is the upper limits of 7000 or the lower limits of 8000 dependent on the time frame bitcoin makes a move; however, if it cannot break the second trendline bitcoin's price will continue downwards or sideways.
Take Away:
1.) The inverted head and shoulder must hold (the left shoulder should not dip too low) then it must test the neckline of the inverted head and shoulder, if these do not hold true, expect more downwards action.
2.) If bitcoin breaks the neckline on high volume expect to test the trendlines and expect a possible bullish reversal and a continuation upwards, if not, expect more downwards action.
Previous analysis:
STELLAR ABOUT TO BLOW UP?? - MIMICKING PREVIOUS PATTERNStellar, a currency I made over 1000% profit with is starting to mimic its previous signs of slope stabilization before an explosion.
Watch the graph for the least possible value which has the most slope stabilization before investing. Definitely has a chance of blowing up!
The safest time to invest would be as the slope starts to rise steeply after stabilization. This requires fantastic timing though.
My other post will be detailing the short term triangle analysis of the current STR market!
A forgotten GEM!!! SWT guys!Some time ago I've stumbled upon this token accidentally thank to @Alanmasters.
We have similar patterns. RSI is fenomenal, the price went down to all time low level.
As much as I can feel the only and single way for this BITTREX:SWTBTC is up.
The low volume is perfect for a huge easy pump.
Targets:
1. 0.00023
2. 0.00047
3. 0.00069
Easy x5 guys! Don't miss it!
SL> 0.00008
OMG geometric wave consolidation pattern forming
As you can see from this technical chart analysis, we are converging into a triangular consolidation pattern. This is common across the board with many other coins. Once we reach a holding pattern look for a strong bull run across the board and to the moon in the above chart for specific figures. In the short term looking at retracement to the $9.80 range with staggered buy orders set on the way down. Expect a strong influx in volume leading up to the release of the wallet SDK and Plasma Cash in Q2. Good luck and do your own research.
TRXBTC Binance Breakout potentialTRX has formed a bull pennant on the 4 hour chart. we could see a potential breakout very soon.
yesterday i posted this as a Bull flag. put as the trade develops it looks more like a pennant. the next resistance will be the 1049 mark just above.
with current market conditions we are not sure as to what kind of break out we will have and whether the breakout will be a big one.
Why 90% of BTC Charts are now Bearish ? Is it real ?Welcome, Followers and Visitors,
It is good to highlight:
Why 90 % of Trading View are now posting Bearish Charts on BTCUSD ?
www.tradingview.com
On Feb 3rd, April 21,27, 28, and May 3rd, when the Moving Water spotted a BIG FALL, and a BULL TRAP, before that,
while 99% of Trading View's Charts for BTCUSD were Bullish.
Well, it is not easy to put your face to get hit, by all those people and tell everybody that BTC will fall hard, when 99% of people think you are wrong and are betting money it will go up; imagine if you get it wrong.
Some get mad, some call you retarded, wrong, spammer, and many top authors tell you that it is possible, because all indicators were already stressed out, concluding that price of BTCUSDT could only go up.
If it goes down, it is not my fault. Believe me, I am not that powerful. I just can see it.
Well, many things changed, and most all of those authors already posted Bearish charts on BTCUSD , including 90% of the authors, as you can see on ticker for BTCUSD, link below:
www.tradingview.com
So, is BTC really going down?
Moving Water has 2 targets left to hit, as posted on related chart below.
Thanks for Following and Trusting
Moving Water
If It is helping - Please Press: -- LIKE --
_______________________________________________________________________________________
STOP LOSS: is something everybody should use, everything is possible in this market. But, that's a responsibility a person should have with their money, I don't have the influence on that.
I strongly advise, you to use a stop loss. In this crazy world everything is possible, even a sudden going to 0.
Ex: If there is a world war.
So, try to catch the waves, but with a secure area, and limit your risks, considering a loss you can afford.
_________________________________________
For MORE INFORMATION check Related Charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, Give A Like and Follow.
____________________
Good Luck and Good Profit.
If It is helping - Please Press: -- LIKE --
TRXBTC updateas you can see TRX fell from the rising wedge (grey lines). The MMA 20 line was a resistance which TRX has broken through.
personally i think we need to get to the black trendline to get a massive breakout.
i alredy have some TRX so i wont be buying anymore. personally with the current situation in the market id avoid going long on any coin.
there is a possiblity of a breakout on TRX as we have a MACD cross over and the resistence line spoken above was broken.
also bear in mind 31st may TRX will move away from the ETH token and have its own. this in its own right is massive news so expect to see some movement in TRX price