ETHBTC breaking pennantETHBTC showing signs of a take off. Entered in a long at .069ish. Holding until potential target of .120
Poloniex
ETHUSD, long, but hold on for a choppy rideGeneral uncertainty and hesitation around the BTC fork has kept ETH relatively stagnant over the past week. In the short term I expect us to bounce off 217 and then move back up to 226 overnight. Hesitation and uncertainty tomorrow morning means very low volume , which will slowly drive us back down to 205-210. Once BTC seems to stabilize, we will see huge amounts of money to start moving back into crypto and drive ETH back to $250+.
ETH Soon the decision on which price will followETH It moves along the resistance and can at any time fall off and fall to the lower levels. We will see if he finds enough strength to break the downward trend and gain. We will see if it finds enough strength to break the downward trend and gain.
ETH short opportunity- network instability
- transaction delays
- security concerns
- Focus on BTC
- Summer prices settling (notorious bear season for crypto)
With all things mentioned fresh on the minds of traders it is no surprise that ETH crashed through the previously established trend line, leaving us with a new potential target at a previously established ceiling and fib line from initial breakout. Though this correction represents massive movement, it is not abnormal with respect to the first real breakout, and falls on a fib line when we approach it from that perspective. I entered this trade .079 and added @ .071.
Target 1 = .062
Target 2 = .05
I would not be surprised to see this slip back to .02 levels before the bulls return at the end of summer.
Good luck to all!
STRAT - BTC ! Stratis at the crossroads !Completion of a large triangle. Stratis at the crossroads. I bow to the fact that because of the increasing volumes of trading the coin will still go up
Technical Analysis: BTC.USDT > Short OpportunityBearish Sell Off Possible:
Currency pair - BTC .USDT
Chart timeframe - 1hr
Area of interest - 2659.35 & 2558.86
Chart pattern - Bullish Cypher
Potential target 1 - 2659.35
Potential target 2 - 2558.86
Potential extended target - 2496.70
Please implement your own due diligence prior to entering the market.
ETC-BTC takeoff is a drop, and a drop is an impulse for take-offIf you draw a trend line, you can see that the previous high is the next barking on the chart.
I do not pretend to be accurate, but with the action of this dependence, we are expected in the future from x1.5 to x2
DCR bottom?Decred finding support at the green trend line after dumping. Price range contracting and forming a triangle, triangles are powerful in crypto. Illuminati confirmed and Rothschild buying into BTC. Only one way possible, and that is up. Obvious sarcasm is obvious I hope. Targets are in yellow, the highest target is a bit of a stretch tho. Aim for the first two areas. Do not let a winner turn into a loser because of greed, that is very painful! One final note, I was experimenting a lot and tried all kinds of indicators. Easy to get blinded, price is the only thing that matters. It is always right, so either you are wrong or right. If you're wrong change your mind and if you're right wait until you're wrong again and reconsider. It is easier to change your mind than to change price - and cheaper, too. Keep it simple and find a system that you can follow.
btc usd beware double top reversal play on a daily chart long term.
Test support if failed it'll bounce back, test resistance if broken possible bullish trend.
GNT long EntryAfter an incredible run and a perfect 100% retracement from breakout GNT is once again at a price where longs can be established. Though Daily RSI does indicate reversal, the current BTC situation must be respected for the more risk averse. I would suggest delaying entry until after the BTC dust settles. Those who are more comfortable with risk exposure could employ a relatively tight stop loss as thus far GNT has demonstrated respect for the previously established uptrend. Near term targets at key fib levels marked.
I have a small position @ 10,900 avg that I will hold long term exiting when we revisit the ATH again, I will look to add during dips.
Good luck to all entering this trade with me!
HODL.
Channel Lines for DGBBTCThese lines look fairly right to me. Trend looks bullish until the hype wears off. Remember the simplest analysis usually work best.
#DGB Goes High for sureFirst target 1000 sat in 24 hours and last target 5000 sat in a week. its 800 sat now.
if you like my opinions and get some profit, maybe you would like to thank me with little donations from your profit :) thank you
BTC
1N6Uita133jdWs8QwjnXYRCrsXY2xaMkUW
ETH
0x0bbF060ab636500b792348D42d6287D5E4184D79
LTC
LLZ6NxB53tXigsuQjGmNKxSFPxnNvdPb1C
DASH
XkE6eZbnXwHLTST89Z3QhMmfUC9VnsG2VY
ETC
0x583d290487bdc05d89b7371d38b18db9ec931b05
REP
0x5d9c78499f82af226cf3a672fe87e36c1fcb4785
ZEC
t1VSWVKk7hs39qu4RYLE2mRGDz1PTk2GryU
DOGE
DHNbFPov2Kqh36y1KfwHmxAHus1tCa8ZvJ
GNT
0x5d9c78499f82af226cf3a672fe87e36c1fcb4785
GNO
0x5d9c78499f82af226cf3a672fe87e36c1fcb4785
XRP/USDT profit targetXRP/USDT analysis even though that BTC always steers altcoins, everything seems to be connected to each other
Ripple Trading OpportunityIn the aftermath of the Bitcoin storm of the past weeks, the whole altcoin market was shaken with it. Now things start to stabilize, new trading opportunities occur. If we look at the different used indicators and trendlines, a cross between downward and upward trendlines occur. This can indicate strong price movement as shown by the high ADX line of the Directional Movement Index. From the Relative Strength Index, we can conclude that there is room for upward movement. If this behaviour is confirmed by a bullish cross of the MACD indicator. Profit levels can be quite high as XRP has been in a bear market after the breakout in May.
