Get started

Predictions

Bitcoin headed to $12,600 by next gov't shutdown date ..and then Well, in a rare instance of predictability, Bitcoin has plotted the expected course precisely (see related post). I am expecting us to still cross our 200MA (current resistance) on the 4hr and hit our heads on that ever looming $12,600 QUAD resistance overhead. Whether we make it over that or not is still TBD. At the very least, traders would be advised to take some profit here. We'll likely drop back down to the $10,000 area before the bulls can muster enough strength to take another stab at it. One more item worth mentioning. The time in which we hit our overhead quad resistance coincides nearly exactly with the next expected U.S. gov't shutdown deadline date. File this one under "Things that make you go Hmmmmm". Happy Trading Friends!
BITSTAMP:BTCUSDLong
by stewdamus
2
FUN FOR EVERYONE WITH FUNFAIR! .60-.80 TARGETS FOR 1200%+ PROFIT Here's my analysis on this little sleeper: Looking at the charts I see a beautiful cup and handle has formed and is nearing completion. The handle, which is also a descending triangle with a near perfect ABCDE correction touch, is almost near the final bottom touch (E). This is also the correction phase 2 of Elliot's 1-2-3-4-5 waves. Combining Fib retracement with Elliot's waves and time/price/pattern brings us to the top of wave #3 near July. For those of you who hate to do the BTC to USD conversion in your heads as I do, this price will be at about sixty (60) cents. At this point, we should see another correction, maybe down to forty (40) cents or so, and then a final pop before the year end up to eighty (80) cents. I, personally, will be taking 50%+ off the top at around sixty (60) cents. This is a higher risk trade friends, but I like what the charts are telling me here. Good luck and happy trading!
FLong
by stewdamus
1
S&P 500: Total change in administrative power2018 is off to an interesting start. Trump has been in office for more than a year, 2/5 saw the most bearish performance in the history of the S&P in one day, and Janet Yellen's term as Chair-person of the Federal Reserve has come to an end. The philosophical economic theory portrays recession wave cycles to happen every 7-8 years, but there has not been a notable recession since 2008 with struggling attempts to raise interest rates. Now with Trump's policies in full effect, How will the U.S. economy be impacted from a Trump Administration in the drivers seat? 2017 saw a new President in command and with the old President's policies still in effect showing bullish economic performance after Obama walked out of the White House. Now one must think, Do we have a big Elephant in the room called "the Next big Recession"? More money is individually made when markets are bearish instead of bullish. If all of these signs are lining up in full synchronization, then this could possibly be the start of the next big economic recession........
SP:SPX
by brentonyoung
Elliot waves. Why cant fully trust this theory. You can find many websites, even free books of Elliot Waves Theory. But if you read it by on eye, can understand its kind of shamanistic predictions. law of the universe - from small to big, law of complication and development. To build waves, should start from max. minimum time frame -1 min. than 1 min group in 5-15 min, than to 30 min, 30 min group to 1 hour, 1 hour to 4-8, and than to daily. the waves are divided into 10 degrees, *subminute, *minute ,*minor , *intermediate, *primary, *cycle, *supercycle, * grand cycle.Depending on the source, there may be different names and divisions, but the essence is about 10 of them. The length of the wave depends on the length of the previous wave, this is calculated by Fibonacci extensions. The waves can contain impulses and elongations, the waves can be lateral or the extensions can be pulses. And the main thing is how to understand this all. Where the exact coordination of movement, measurement, distribution ,. what if to miss? Suddenly it was an impulse but I built it like a wave, maybe it was an extension in wave 3, or is it ABC? in general, you understand that this algorithm is based on your personal judgments and experience, and from those sources that you used in studying waves. When this system of construction attends 2-3 internationally recognized postulates, then it is worth starting to study it. Now it all depends on who and how he sees, and you can prove that there is no way, but skolko people, so many opinions. Not waves determine the movement of prices, but people, their judgments, analysis, the market's opinion of the traded instrument, the conclusions based on previous levels of support and resistance and the general trend. Now the theory of waves is a guessing on the coffee grounds and dancing with tambourines around the fire under the starry sky.
BITSTAMP:BTCUSDEducation
by GeorgeVeritas
12
RSI confirmation. New 60 day BTC cycle has begun! Target 28k!$12600 support has held and our new cycle has begun! Yay! Take a look at the chart. With the extended consolidation, it became necessary for me to update my targets. This extended consolidation allows me to also extend my target(s). Notice I have two now. So, what is going on here is that it seems we are in a wedge. Elliott Wave dictates an ABCDE touch and then break out. However, some of the time (I do not know what the statistic ratio is? Maybe a comment warrior could help me out here), we will not experience the last wave. This is why I have two orange arrows pointing out of the triangle. We have two possibilities: a) Hit the top of the triangle and break straight out or, b) After hitting the top, we go back down, bounce off of the bottom and then break out. Because of the downtrending resistance noted in the RSI chart, I expect the latter possibility to become more probable. However, as often is the case, Bitcoin could surprise me again and just shoot right through. Revised targets are: #1 - Just short of our last ATH. Take some off here. #2 - $28,000 or the beginning of March, whichever comes first. Why the beginning of March you asked? Check out the cycles again. Notice we are right on queue and headed up again. This means, we should have about 45 days of uptrend movement before we start heading down again for the last 15 days of the cycle and right into mid-March. Always keep this cycle in mind. BTC is pretty consistent with it. Happy trading friends!
BITSTAMP:BTCUSDLong
by stewdamus
4
The bleeding stops tonight! 60 day BTC cycle over. 18.4k Next WkOk. Let me explain what is going on in this noisy chart folks. I am sorry for all of the lines. The lines that I would like to explain are: 1) The two up-trending blue supports near our 50 day MA. These should stop us tonight. If we break through the first, we still have another. They are both very good support. Break 'em and we're going down to 11k. However, I don't think this will happen. 2) The purple lines in the bottom of the RSI between the black vertical. The reason I don't think we'll break our support tonight is because all throughout 2017 BTC has followed a pattern that I've noticed: 60 day cycles (on average). For the first 40-45 days of this cycle, BTC trends up. Massively. For the remainder of the cycle (the last 15-20 days) BTC trends down. This has happened repeatedly. I've measured these 60 day cycles with those purple lines that I have orange arrows pointing at. The black vertical lines mark the beginning and ending of this cycle. Tonight marks the end of another one of these 60 day cycles. My hunch is that by tomorrow morning the bulls will show up in full force again. 3) The vertical purple lines: These are fractals. I have measure the up-movement of the last trend from BTC's lowest point to highest. We then formed another clear downtrend channel. Perfect! A good sign that fractals will work in our favor to show us our next short term target. I clone my first fractal and set it at BTC's current low within that down channel (bottom-most of the 4 red bars). This shows me that our new near term target will be anywhere from $18,400-18,800. I suspect we hit this target sometime next week. Get your buy orders lined up. We are in the buy zone now. Happy trading all!
BITSTAMP:BTCUSDLong
by stewdamus
33
Ripple (XRP) price predictions!!+ lower blue is macro support line. + upper blue is macro resist line. + lower pink is micro support line. + upper pink is micro resist line. Current situation: The pink, open (diverging) wedge creates boundaries for the price fluctuations. Looks like if price is less than 0.94 cents we will enter a bearish market. If price is higher than $1.12 we will enter a bullish market. Both of these scenarios signify break-out points of the wedge and will result in big drops, or big gains respectively.
BITSTAMP:XRPUSD
by BladeCatcher2049
2
Litecoin at $200+ in the next couple days. $300-500 DecemberHi everyone! wanted to say thank you to my Crypto Family on telegram. You guys have offered such great support for me during the past couple weeks and I hope you all have made $$$ Following my trades. It has been great connecting with everyone and proud of the community we have built. Looking forward to more discord conference calls and making more $$$. Today was a sad and happy day. I called $120 LTC yesterday at 2 AM to the group. Woke up to a very happy LTC gains. Look at my account... BOOM turns out I sold at $1.50 above my purchase point... i was like what...?!?!!? I kept talking about LTC at $120 I failed to double check my sell limits and missed out on a $60k profit. Oh well, you live and you learn. So where are we headed next? I called $200 a couple hours before it happened. If you check LTC order book they have really weak upper resistance. I really thought it would hit $500-1,000 today. Haha 1 - 100 LTC at each sell point all the way up to $1,000? Come on. The writing was on the wall that we are dying for a bull run. LTC is severely undervalued. With more people pushing into Coinbase and crypto world we will see LTC have a monster year. It has a great household name of BTC's Silver and much more "affordable" than ETH and BTC. (both coins which have great long term value). Not only that LTC has great tech, its improving its marketing, and it finally beat DASH out. FYI have we heard any scandals with this coin yet? NOPE No special TA's. No Chat Indicators. Nothing. This bad boy will hit $200+ soon. No day trading mode. If you do, sell at the top. Buy back the dips. I should have babied the market over dinner. I would have sold at $200, buy back $155, sell at $185, buy back $160's. Easy money. I normally post these types of trades on Telegram since its easier and instantaneous vs TV. So HODL. LTC is going to pop. Time to start accumulating. I will post further TA's and when to buy and sell and rebuys as the market continues to progress. I expect more bull runs in the coming days. I have sell points between $500 - 1,000 atm. I will probably sell a couple in the $200-300 range to make some $$ and buy back the dip. All in all, good luck everyone! Thank you for you support. I will post on IOTA soon. TLDR: BUY IOTA NOW - sell $7. I called IOTA at $3.45 yesterday. Been doing great ever since. Anyways, Happy Trading and Happy Holidays.
BITSTAMP:LTCUSDLong
by regalia
74
Technical, probabilistic and fundamentalist analysis for AVT/USDAventus is a digital currency to facilitate the payment of tickets for events, something very common for us, but still obsolete. As you know, there is ticket traffic, lots of banditry behind and lots of money involved. AVT is a relatively new currency, and was listed on BitFinex on 10/10. Its value ranged from under $ 4 to up to $ 6, this already shows a public interest only for the idea. In addition, the amount of currencies of the Aventus is of 10 million, and only 6 million are in circulation. Her MarketCap is still low, at $ 20 million. Taking into account that all Bitfinex coins have more than $ 100,000.00, minus AVT and Santiment (I also advise), I believe that Aventus will reach this value soon. It is a very volatile currency, this attracts risky investors. If it reaches 100 million MarketCap, it will reach approximately $ 17.5. But I do not believe that it will not be so easy to get home from the $ 6.6 dollars, which indicates an increase of almost 100% of the current value. Not to mention that for this, we need only another 20 million dollars in the MarketCap to double the price. Now if you calculate how many Bitcoins circulate in Bitfinex ($ 500 million dollars), and estimate each of the Bitcoin forks generating about 5% profit each, we total about 10% of the total Bitfinex Bitcoins available for users. Being that 75% of the users invests Fork profit in altcoins, then we will have: (500,000,000.00 * 0.1) * 0.75 = $ 37,500,000.00. Now let's see which coins have the lowest marketcap in Bitfinex (preferred by those who re-invested the profit of the fork): SANTIMENT AND AVENTUS . Santiment today has about 17.5 million dollars capitalized. If we see, the bills hit EXACTLY. Of the 37.5 million, they would probably invest 20 million in Aventus , doubling its value. And the remaining 17.5, at Santiment, doubling its value. Obviously this will not happen overnight. But I very much believe that this will happen by the end of the year. And another: If you think that the re-investors of the profit of the Fork will prefer IOTA, I do not agree. IOTA is very still, it is always the same, it has not been high up for a long time, lots of news and nothing shocks the market, many Bots acting on it, many whales holding the price ... So it is almost 100% sure that they will invest in others. And if you do not invest in IOTA, but divide the investments into Aventus and 4 other currencies, we will still have an approximate 50% increase in price, and that would surely get the attention of other investors. Not to mention that if Aventus closes any partnership, it is GUARANTEED success. A hug to all, I hope you have not been confused. Forecast by Leonardo Bermudes , trader and CEO of Berman Investimentos (Brazil) .
ALong
by BermanInvestimentos
2
EURUSD - THE END OF THE BULLISH TRENDHey Traders! I hope you had a great end of the trading week, month & quarter. Regardless of your results it's time to wipe those memories clean & get focused on the now as we get into the final stretch of our 2017 trading year. This idea is better explained in my recent video, but what I'm looking at is the potential end to the Euro's year long bullish trend. As you can see on the chart, we've recent seen weaker & weaker pushes higher and after creating our most recent New Structure High we've seen selling pressure hold giving us triple stops. We've yet to see a violation of our previous structure lows which would confirm a bearish rotation at the least, but it's looking like the steam could be ending in this trend and markdown could be in store. Now before you hit that SELL button just because you've looked at my chart, REMEMBER that this is just a prediction, a prediction that is early in the process and in order to find a shorting reason I'm going to need to price to confirm my suspicion. So as of now all of the pre-analysis has been down as far as forming a prediction and knowing how I'm going to react if that prediction comes true, now I just have to wait and see if the market agrees. As always i'd LOVE to hear your opinion so feel free to share a QUESTION, COMMENT, OR CHART below. I do ask that you be polite to each other and be open to different opinions, after all the markets move because of the difference in opinions. Happy October Akil Stokes Video explaining this setup available in link below
Short
by Akil_Stokes
27
Litecoin. Technically, it's a buy, but...Alright. So on a technical basis, we do have a couple of solid buy signals. -First of all, we broke our down channel. -Secondly, we entered back into my bull channel. So what's my problem, you asked. I don't know just yet? I'm still trying to put my finger on this one. If I had to put something into words here I'd say that we still don't have solid, hot red confirmation (a multiplicity of indicators) confirming bullishness again (at least for Bitcoin, which is who Litecoin has been following as of late). Volume is way down. RSI and MACD are right on the edge. Etc., etc. If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in, maybe 20% per buy) and have your stops tight. Mine are just below the ascending bottom GREEN trendline for now. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
COINBASE:LTCUSD
by stewdamus
12
Bitcoin Litecoin Ethereum to dump this weekend? I am not suggesting it will happen, but I am seeing some of the leading cryptos (Bitcoin, Litecoin, and Ethereum) poised to dump this weekend. In addition to all remaining in bearish chart patterns: -Ethereum has fallen below .618 fib retracement and the $275-$280 support level. -Bitcoin has dropped below it's longer term bullish channel yesterday evening -Litecoin has dropped below it's 6 month bullish channel yesterday evening They all seem to want to move down and touch our 200 MA. And while Ethereum and Bitcoin have some big supports to work through until they get there, Litecoin has easier work of it and very well could get there in the next days/weeks. Whether they dump or not this weekend, I think the downward trend has definitely been validated on my charts and until we escape these bearish wedges/channels, I, for one, will not be looking to reposition just yet. Greater discounts are on their way!
BITSTAMP:BTCUSD
by stewdamus
3