Initiate Panic Phase 1Price has tripled in 3 months despite negative earnings. Double top formation at the 15.7 level. IPO lockup period has expired. Bearish divergence on oscillators.
Qutoutiao Could Dip When IPO Lockup Expires
Panic
AUD/USD Sniper entry, perfect analysisFacts:
-ATR Shows market panic sells chain reaction causing 3x more volatility
-200MA Still bullish
-Showing nice wick rejection, which indicates strong buy power from here.
-Overbought cloud breakout, which indicates a reversal
-Parabolic SAR still bearish but due to what i mentioned above, it will turn Bullish again.
What caused this huge spike?
Aussie unemployment news! The news was not bad, rather neutral / good.
My guess is that this huge drop is all bank manipulation.
Stay safe
The MeanAs we are approaching panic & capitulation, it is good to know where "The Mean" will be as of market cycles. Enjoy!
PUT/CALL SHOULD NOW SEE THE 112 TO 114 ON A TEN DAY WITHIN 3TD THE LIKELY PANIC PHASE HAS JUST STARTED IF 2696 IS BROKEN AND VIX BREAKS ABOVE 22.20
Why most BTC long-term charts is WRONGHey all! Welcome to this short but interesting BTC long term analysis. I see a lot of people literally PANICKING atm. because of the break of our current long term log-trend. What people might not realise is that these types of trends is NOT working well with BTC over the long term. Just look at the chart. Over the last 8-9 years we've had 3 long term logarithmic trends, which all have been failing. Even though we broke through the trend back at $5, did it matter? We did eventually go to 19k.
Seriously speaking, people need to relax and just go with the flow. These market cycles happens all the time in different markets, so it's clear it's many "new" people in here which have never ever been in a bear-market. We have not yet found and tested the trend I got in this chart, which I personally got more faith in;
BLX got the most BTC history from back at $0,05 showing all the cycles and big-trends. They've all failed, but we are still not at $5, are we? See for yourself
Agree? Hit the +1!
Stampeding panic in the cryptosphere - not unexpected.Well.. well, unless one is Rip-van-Winkle, it shouldn't be news that everybody is stampeding out of cryptos. Thankfully I made no predictions on Bitcoin or any crypto going north. There were indications of a probably pump north a couple weeks ago (and for every probability in one direction I said there is a probability in the opposite). So now we're into dump mode. In fact I entirely expected a dump based on the technical picture some time ago in another screencast.
In this screencast I go into the unthinkable, as a systematic probability - which most will see as highly remote. Well, that is exactly what systematic risk is about.
Bitcoin investors may wish to explore the concept of 'counter-party' risk, arising from a world global financial crisis (if it happens - no predictions).
So what next. There are three main possibilities (obviously).
1. Stay out.
2. Short it
3. Go long on it.
The choice is yours. No advice from me. Sorry if I disappoint.
EOS Crash not over yet!! Another 45% to go!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
EOS in free-fall !!
BITFINEX:EOSUSD is down by more then 83% this year!!. We are looking for another significant drop to the @2 level, thats another 45% wow!
From my experience stay on the sidelines.
Follow your Trading plan, remained disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Update idea
Houston, we have a pb?Based on my Analysis: How impressive the bears are for embarking a lot of people in their coup. My last resistance barrier is at 3838 USD. But I see already a resistance above that.
The bears are so strong, The price has already breached it a bit but it didn't fully rushed through yet .
The price is about to slow down. We have a good pattern seen in the S4W/MirrorStop indicator. Normally lines should always cross each other. But as we can see, the red rebounded and it didn't cross yet. That's a good scenario telling the price is about to go up. And if a second rebound happens, before crossing, we will enter into a reverse scenario that made the price falls from 6400 USD to here (price will significantly go up). At least there is a climb to occur, but bears are still in charge , for now.
The up move will occur only after the the S4W/MirrorStop line will cross again. So we are still far from it to occur. That still give a change for a new rebound before crossing. That would be really nice.
I think the price will slow down anyway very soon. I'm not afraid of the current fall. I would say there is 70% chance, that horizontal line I've draw near the price will be a resistance level. We have a mark about this in the S4W/Normalizer. If horizontal line is cross, the price will really slow down its fall.if the value goes up it's interesting though. At least, it will flatten, at best, it will make the price rising up
Remember all the horizontal lines I've drawn on my last ideas. They are still here and play important role of support/resistance...
PS: Don't take my words for granted. Analyze, re-analyze, then trade at your own risks.
PS2: If you like this analyze, please click the LIKE button. FOLLOW me also to get my latest ideas. Thank you very much.
EURSEK - market is getting hysterical about the Swedish electionSEK is in free fall, divergence from 200d EMA is 11% !
EURSEK reached 9-year highs
Sept 9. election may result in a deadlock -> anti-establishment party might advance
Action:
I will wait to see even more blood and eventually look for entry setup to short EURSEK .
Good chance to ride waves of retracement!? HUGE momentum abuse! Hey tradomancias,
I bet no one out here did not see that huge sell-off on friday.
Congrats to all of you who participated or is swinging this asset.
We just see a huge momentum without any resistance in the way but some profit-safes that day shown by the doji of the last D1-Candle.
What will happen? We don`t know, but I guess we can assume that nobody is willing to buy at this point.
There is two scenarios that I could imagine:
1. We build a flag, consolidate and continue the joruney to the moon.
2. (my favourite)
We see profit-safes whose movements will trigger tight placed stop-loss-levels close the the current price or the next fibonacci-retracement. We`ll probably see a domino-effect causing the market to drop down to the recent resistance-level / fibonacci-levels.
Why am I saying that?
As a bull and TA, it`s pretty hard to find a decent stop-loss at this point. There is no confirmed support-level close to the current price which offers good prices to place your stop-loss unless you are ready to lose a lot profit you`ve made with this crazy momentum. Either you take the risk to loose a lot of profit or you just place a random stop-loss close the current price. As a predator waiting for a good chance to follow that momentum you might wait right now. The prey is faaaaaar away and it`s way to risky to engage at this point. So you`ll probably wait until the market relaxes/consolidates or drops down to a confirmed support level that "guarantees" safity as a part of your strategie.
Otherwise you just gamble...
Good chance to sell? SL at ATH? Might be worth a try.
My experience: The market totally overreacts with emotions and had two days to overthink all decisions it has made. I expect the market to drop and safe profits a bit until we find new bulls buying at decenbt price-levels.
Or news/ fundamental information will destroy my idea! =)
Cheers and good trades my friends =)
Bitcoin Disbelief! BTC decision state, not going to hit 6800$.Bitcoin had a ruff ride over the last week, dropping down with low Volume over the weekend. At the same time the greatest News of the Year (ICE,NYSE) got published... This is a calculated Whale play, making everybody uncomfortable with fear of BTC breaking 5800$ Support and going lower.
Keep in Mind that this whole price move got established on low Volume on the Weekend. If BTC is to break 6800$ I would expect full panic. If BTC is to break 7500$ I would expect full FOMO.
One More Drop - Bitcoin Panic ZoneBitcoin price is going down for the past 6 months and still is.
The price zone between 5,000$ - 6,000$ considered as a safe zone in regards to mining costs,
below this price zone mining Bitcoin in most of the countries considered to be not profitable.
Having said that, the longer the Bitcoin traded at the 6,000$ price,
More and more news about Bitcoin mining and the cost of it started to pop up,
and it seems like the media is preparing us for another price drop.
All of a sudden the cost of mining Bitcoin was overestimated...
I am getting myself ready for the last drop,
The panic drop.
A drop that will confuse many will wipe many more and will cause panic.
My strategy is simple:
My Trade Size = X
I Buy Half X at 4,900$ (Bitfinex)
I Buy The Second Half at 4,500$ (Bitfinex)
My Stop Loss = X
Concern over coming dropMy last post showed the current 1day RSI divergence. Thought I would take a look at historical data on similar situations, as divergence doesn't always lead to expected changes. However in doing so I was surprised to find only one. It occurred at the end of 2017 and we all know the outcome of that. The StochRSI also has similarities. I am thus in a mild panic that 0.5 pull back is too small and a larger drop is imminent.
THe support is pretty strong going all the way back to November so I hope it holds.
I would appreciate comments calming me down and agreeing the ~8350 support will be strong enough to hold it. Thanks.
BTC/USDT Volume Analysis Prediction 3/08/2018Hi, friends.
After yesterday falling, BTC is in mini-consolidation just above the level 9400.
Look at the huge vertical volume. Cluster volumes indicates that it was the fixation of the positions (closing). take.ms
And fundamental news confirmed this.
In summary, what to expect now?
Bearish momentum is still in play. If the price breaks down 9400 we will see a fall wave to 9000 or even to 8350. You can try to buy BTC intraday with a short target after break out 10100 (when a mini balance breaks out).
For continue growth (mid-term) the price should break out @POC of February 10690-10700.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BTC, The moon is in the well.Have you ever read the story about the fox, the wolf and the moon?
It was written by La Fontaine. To sum things up, the wolf wanted to reach the moon but an optical illusion made him chase it down a well...where he drawned.
This tale is both simple to understand and actual since people are still trying to chase a "moon" that could definitely hurt them.
Aside from that, the analysis shows a bear market. No news in that. The 8k support level I identified on Jan 17th (see related ideas) still holds, with a second support at around 5500$ in case the first one is broken with supporting volumes.
Notice the "death cross" on the 12,26 MACD...this fall is not supposed to stop soon.
The entire Bitcoin cycle is definitely into the "fear/capitulation" phase. No wonder things escalated pretty quickly.
Best trade here is no trade and keep liquidity.
As usual this is not a trading advice, merely my idea.
Stay safe out there!
BTC - Support Bounce and then Final Flash Crash to LT SupportLooks like we'll bounce off medium strength support. Then rapidly back down to the long term support area. At any point it breaks the down fib channel then you should by. Until then, don't do anything.
GLOBAL Bitcoin trend. Let's take a step back.Let's have a look at GLOBAL Bitcoin trend.
Bitcoin has been rythmed by bubbles. As you can see we are in the end of the third bubble. What does it mean? During the previous bubbles, Bitcoin lost between 70-90% from its ATH. A new cycle begin each time that bitcoin is facing the global trend line and a new uptrend with expanse of 1000%.
The point is that third bubble is certainly over, and we can expect a downtrend movement until the global trend. New ATH was 20.000 usd, so it can drop until 6000 to 2000.
Let's have a look at bubble scheme.
Each time the same pattern. Last big bull run during the last few weeks, then big drop, dead cat bounce and correction until trend line. It will be a perfect re-entry point, for growth with more than 1000%.
Concerning altcoins, we speak about Bitcoin bubble, but in fact, we could speak of CRYPTOCURRENCY bubble. Indeed the major altcoins follows Bitcoin and in longterm have more or less the same % of growth. However, you could think the situation is different this time, because some coins have more potential than Bitcoin, but in the fact ALL the coins are related to Bitcoin, and their dependance are really strong. So I don't think that a coin will increase during the bubble explosion.
It's important to be precise, and bubble doesn't mean, the end of Bitcoin of cryptocurrencies. The market has known huge growth for several years, and because it's promising and new tech, it will continue to growth during several years.
Finally, I would say, that it's just an opinion, and I can be wrong. Bitcoin could continue to growth instead of falling to trend line. It could also break the main trend line because it's a bit outdated. But as trader we make plan, and chose the most probable, and in this case, the most probable is correction till global trend line.
I know this idea is not relevant for day trade, but it's important to show that Bitcoin and the alts still have a beautiful futur.
GIVE ME YOUR OPINION!I would appreciate it!
Bitcoin's CrashHere's what I have for Bitcoin, looks like if this is the crash we're going into the 3 digits
XRP / Ripple | people need see the big big pictrure....people need see the big big pictrure.... don't panic, first look for a clear, big picture confirmation :) What do you think? Up it is?
Where I am trading Ripple?
You can trade & get XRP / RIPPLE via Binance Exchange
$EDG panic sell will recover quickEDG news today turned into a panic sell because of the License delay, nothing to worry about because it's coming.
Best time to buy, to me it's a non-risk buy, bounce at the trend line
Feel free and wait for bouce
Get ready for the rocket :)Many people did panic but now it's time to stop being anxious and start investing again. I totally recommend you to rebuy BTC's and wait for a new ALL-TIME-HIGH to appear!
And for the future:
Please don't panic when mad guys try to do something against Cryptocurrency's - it's a good sign to see those people getting anxious and nervous about those currency's and the best they can't stop it the only thing they can do is to make us panic so please don't make their wish (destroy all crypto's) come true :)
Reversal and into consolidation until SEGWIT2x / UASF ConfirmedIt seems my previous wave count here:
has been invalidated on the Intermediate period, with panic and indecision increasing within the market, thanks mostly to amateur traders, which amongst other things, have manipulated the market price of BTC with panic, to drop lower and begin a consolidation (sideways movement) until the 1st August when the SEGWIT2x / UASF upgrades have been completed, tested and confirmed working, without a fork/split in BTC.
In my opinion, we should see continued sell off of bitcoin until reaching at least the yellow trendline where price action will most likely consolidate sideways until the 1st August. Once the upgrade has been completed, we should see an incredibly strong push upwards as more and more global support behind Bitcoin. Additionally, in trading, especially when market makers/movers are manipulating the price, we can see a type of 'Safety Trade' where many amateur traders will either be stopped out or sell all coins, only to miss out on a massive move upwards.
All the doom and gloom that has been noted by many in the market, has only fueled speculative selling off of bitcoin and many are about to lose opportunities due to inexperience and emotional trading, rather than being patient whilst the market corrects.
Here is a great piece of news regarding bitcoin and one of the reasons why I believe bitcoin is a solid bet for the future, as you don't get organisations such as Wall Street or Merrill Lynch getting behind a dud, that is for certain: cointelegraph.com
I'm holding my coins long-term as I know, even if the price action goes below my analysis, it will eventually come back up and surpass, only giving me more opportunities to buy more on the lows for even greater profit.
Here is more information about BTC upgrade:
Here: 99bitcoins.com
and
Here: 99bitcoins.com
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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