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Poloniex

VTC/BTC You are going to want to see this!Hello My Dear Supporters, Lets make some money together! On VTCBTC our conservative Daily chart trade didn’t get entered so we are going to take a cheaper entry on the 4 hour chart. VTCBTC has made a strong move down on the Daily Chart. Technically it is setting up as a strong base and reversal area. It has set up a base by putting in a triple bottom. Our previous Daily chart shows these lows circled in Green. The Daily chart has then given us a first higher high (Orange arrow on Daily Chart, Previous trade below in related articles) so we would like a pull back to a higher low and we are set. We are going to trade the 4H Chart where you can see price has pulled back to our support line (in Red) @ 0.000383 and the 200EMA (The Green Line) , the 50 Ema (The Red Line) and the 61.8 Fib retracement overlaid (Same level as the 200 EMA). The previous bar (arrow under it) has bounced from this level and closed above the 50 EMA and Support (The Red lines) and on the 200EMA and 61.8 Feb. We would prefer the close be above the 200EMAa and FIB, but with the quality of the base, I am happy to take this one. The entry is above the reversal bar and SL Below. Entry is 0.000401 or above Stop Loss 0.000379 Targets are the Yellow Lines 0.000413 Target 1 0.000453 Target 2 0.000475 Target 3 To make dollars your decisions need to make Sense. We looked at this chart on the daily and the aggressive got caught out and conservative never traded. Never Trade a chart because it owes you money, or wasted your time. Look at the analysis if you can understand it, and agree with it, then you have a trade..if not you have a guess and eventually all the guesses lose. Quote of the day Life is divided into three terms - that which was, which is, and which will be. Let us learn from the past to profit by the present, and from the present, to live better in the future.
VLong
by DollarsAndSense
1
BTC/USD BIG WARNINGThe big boys just pushed the price from 8750 to 9300 within less than 2hours. NO consolidation or sells AT ALL. They pushed about 15 B dollars into the market out of thin air within 2 hours. Which crated a MASSIVE candle that need to be squared up (you can go take a look at the 1minute chart you will see that it ONLY went up). This move made it break past the 9100 level. Reaching the next level 9300) and push through it. They are trying to get that unsquared up candles on the left (the red ones). There is 2 possibilities here 1: BTC goes up to 9700 ish (max) and then plummets down, this could be the indication of a MASSIVE reversal (its Wednesday too (best volume day in the market)) All the way down to 8500 area, and if it break through that level like its nothing then we can expect BTC to start dropping HARD. (this possibility is backed by 2 square up candles which is BIG) 2: The big boys keep pushing the price up and they break past 9900 level to go get the 10900 level I am betting on the #1 Follow me on telegram if you want to be updated on this trade. Let me know what you guys think in the comment.
COINBASE:BTCUSD
by UnknownUnicorn2029062
15
Ripping through Resistance (XRP)Happy Caturday all. =^.^= I usually like sorting stocks when I wake up by "volume", this let's me see the coins most likely to move throughout the day. Trading in a high volume coin also lets you move in and out of buy/sell orders with ease. Having been personally stuck in a coin with low volume, not being able to activate my stop-loss because no one was buying is frustrating to say the least... Anyhow this is what brought me to Ripple, being currently the highest volume coin(XRPBTC) on Poloniex right now. Let's see whats going on here. Ripple exploded around 40 percent since a few days ago. It not only blasted through the negative trend, but also through the 50 EMA(Pink) and 200 EMA(Blue). The volume behind it was impressive as well. Currently Ripple is still looking good. The Stoch is not diving, and the MACD is still shooting upwards. The candles however are starting to slow down, indicating some buyer exhaustion. So what's the prognosis? -If I had bought XRP earlier and was riding this breakout, I would HODL and set new stop losses: either right below the 0.5 fib line, or right below the 0.382 fib line (yellow stars). This will allow you to capture your profits in case the situation turns sour. Looking back to the recent downtrend, both of these provided decent support before breaking. If these DO break though, i would expect the general downtrend to continue. If they hold, then this breakout could definitely continue. -If you have NO XRP, this is not an ideal place to enter. As I stated earlier, candlesticks are showing some buyer exhaustion, and the Stoch is no longer shooting up. If you are interested in buying, I would enter after a double bounce from either the 0.5 or 0.382 line as discussed. IF these supports can hold, they will provide evidence of a continuing breakout. Last words: I would be Xtra careful with XRP... We have seen it shoot up to insane levels in the past and then come right down. Stay healthy until our next visit! <3 -Doc
by DontWatchDoc
GNOSIS (GNO) 450% Potential - Long (Poloniex, HitBTC, Bittrex)GNOSIS (GNO) has come down quite a bit since November and in long term it has good potential to regain it's previous strength at around $550 - $750 This is a HIGH RISK - MID REWARD situation meaning that we evaluate this coin and trade as HIGH RISK due to its volatility in prior month. It is currently ranked in top 101 coin (at time writing this article). This is a MID REWARD trade meaning that you can expect to 2x - 5x on this trade but it will be a longer term trade. Feel free to trade this coin on Poloniex, HitBTC, Bittrex or Cryptopia. Personally recommend to go with Poloniex. Do not invest what you can't afford to lose. Keep in mind that we are not your financial advisors.
GLong
by CryptoManiac101