Get started

Priceanalysis

XRP Remains Rangebound But Can This Bullish Momentum Continue? XRP saw a small 1.5% price increase over the past 24 hours of trading as it reaches $0.24. It has been bouncing around within a range between $0.24 and $0.228 for the past week of trading. Bitcoin finally managed to climb back above $8,900 as it brings the rest of the market higher. XRP saw a 1.5% price increase as it heads back into the resistance at the $0.24 level. The cryptocurrency managed to find support at a .886 Fibonacci Retracement level $0.228 to stall the latest price decline. Since reaching this level of support the cryptocurrency has been bouncing between $0.228 and $0.24 as it trades sideways within this trading range. XRP remains the 3rd largest cryptocurrency with a total market cap valuation of $10.48 billion. Market Overview: Since our last analysis, XRP continued to struggle to break above the resistance outlined at $0.24. It continued to trade within the range between $0.24 and $0.228 over the past few days of trading and has recently just returned to the upper boundary. Short term prediction: NEUTRAL XRP remains neutral after establishing the aforementioned trading range. It would need to climb above $0.27 before we can even start to consider this market as starting to turn bullish. A break beneath the lower boundary of the range would turn the market bearish. If the buyers break $).24, the first level of resistance lies at $0.251 (bearish .236 Fib Retracement). This is followed by resistance at $0.27 (bearish .382 Fib Retracement), $0.285 (bearish .5 Fib Retracement), and $0.30 (bearish .618 Fib Retracement). Alternatively, the market should find strong support at $0.228. If it breaks beneath here, additional support lies at $0.22, $0.212 and $0.204. Key Levels: Support: $0.2281, $0.22, $0.218, $.212, $0.204, $0.20, $0.195. Resistance: $0.24, $0.25, $0.251, $0.264, $0.27, $0.28, $0.285, $0.29, $0.30.
COINBASE:XRPUSD
by CoinGape
NZDCAD short 1:1 RR from 1hr Resistance I took this short because at the time I thought that it was a valid trade. I followed my process, I followed my plan... however during the middle of the trade I realized that the 15m structure over the last 24 hours was creating HH's and HL's. This does not meet my setup criteria. It took this trade for me to realize that I need to add this concept to my filtering process in the morning. That's what I took from this trade. Additionally my execution on the supposed "valid " trade was poor as well. I was rushing to get my entry in. I feel like my more refined process will enable me to relax and trade logically. Not consumed by the Fear of Missing out. That is if I decide to follow the plan/process I have for myself each morning. Price actually got to TP area but my intuition was telling me that we were going to keep heading down. I removed TP order and price decided to reverse on me. I suppose this is another lesson. Take what the market gives you.
Short
by ShrewdCatfx
platinum Platinum has sold quite aggressively for the past couple of days. We are back on that demand line we have been founding support for the last few weeks now. If buyers continue finding value on these levels we will finally pass the high at 985 and eventually the higher resistance level at 1020 IF not next stop bellow is the 940s level . As we can see on the MACD negative momentum so far has been building up with no signals of divergence . Also the more price bounces on a trend line the buying power reduces and looking left we have been bouncing on this trend line for a while. Good sing though is that we are now sitting just above the average price of Platinum that the last 50 days give as the 50 day MA on the Daily confirms and that has been a strong support so far . Signals on this are mixed right now.
P
by django2
EUR/USD short to retest Low created at LondonThis trade did not meet my setup criteria. It was forced and rushed. It was a very emotional trade. I believe it was partly overconfidence from doing well early this week and also Fear of Missing Out. If I had taken my time and followed my process I would've avoided this costly trade. -1.29R. Lesson is that I must become aware , psychologically, when I feel an urge to place my money at risk. I treat this like a business but trading is hard and I understand it'll take time. It is a skill. Ultimately discipline to a well defined and understood setup will bring me success in the markets. I am currently observing the trades that are Wins and back testing the price structure behind them. It's a work in progress. Going to take time. Also changing Brokers currently.
Short
by ShrewdCatfx
4
NZD/USD short to retest lows created during London Generally Bearish on Daily. This was my setup. Price is near 1hr Zone, I defined it as Resistance, someone could've defined it as support but why would we? The HTF's are Bearish. We have confirmation that we have a good chance to drop to the London Low because we have shooting star-like candles rejecting prior 15m S/R zone. We have multiple bear closes past 15m bulls in this pullback structure. I took a risk, in my mind, with the best probability to succeed out of all the pairs I was looking at this morning.
Short
by ShrewdCatfx
EUR/USD short to go retest low of the day 2/17/20I took this short because I was stalking EUR/USD and waiting for a pullback with a favorable 15m close, my setup. But there was no clear 15m low to go retest. Only a wick to fill on 15m in bearish HTF momentum. I Placed this trade about 30m after the first trade. I forced this setup, trying to do too much. In trading, in my humble opinion less is actually more. Even though we ended up filling the 15m wick, The probability of this trade working out was lower than my first trade since there was no clear Low to retest. I stopped out early, -.65R
Short
by ShrewdCatfx
ZCASH forming double bottom! Prepare for launch! We started monitoring this asset as soon as it entered the horizontal channel and this was accompanied by the increased volume. The price formation is now looking like a double bottom and the following evidence supporting that: 1) We broke the 50 daily MA line 2) A steady increase in the volume after the second bottom and the current bar is above the 20 MA 3) A steady increase in RSI while the price was forming the double bottom pattern To make an accurate entry we are waiting for the following: 1) Break the resistance of the most recent pick at $32.92 with good volume 2) Re-check this level as a support. Preliminary setup: Entry: 33.00 Take Profit: 39.95 Stop Loss: 30.23 Previous Post +20.97% The analysis is done by Wunderbit Trading For Weekly market reviews join our YouTube Channel: YouTube
Long
by Deobald
1
BTC (Bitcoin) struggles to find its direction.Bitcoin was quite volatile on Thursday, October 31 and was trading in the $9,444 - $8,958 range. Surprisingly, we saw almost no change in price as it only lost a few dollars to stop at $9,148. The coin was 11 percent up in October and successfully formed its first green candle on the monthly chart since June. Bulls reminded for themselves on Friday, November 1 and the BTC/USD pair climbed up to $9,246. The move was followed by another winning session on Saturday, November 2 when the most popular digital currency closed at $9,305. On Sunday, November 3 bitcoin made another step-down and closed the day and week at $9,204, with 3.4 percent of loses for the 7-day period. No change in BTC behavior as it is still ranging in the $9,500-$9,000 zone. I think we can expect a drop below $9,000 in the coming days.
BITSTAMP:BTCUSD
by FutureBlockchain
1
Bitcoin (BTC) bulls in an attempt to hold $9,000 Bitcoin formed its third consecutive green candle on the daily chart on Sunday, October 27 and moved up to $9,550 closing the 7-day period with a 16.5 percent of increase. The BTC/USD pair opened the new trading period on Monday, October 28 with a slight correction. It erased 3.4 percent of the total capitalization and dropped to $9,222 even though bulls were able to push the price up to $9,946 during intraday. On Tuesday, October 29, the coin recovered for the loses registered during the previous session and closed at $9,420. It was already obvious that neither bulls nor bears were able to for a definitive trend and the levels near $9,000 will be crucial for the mid-term. The mid-week session on October 30 was no different as sellers temporarily took over control and brought the most popular cryptocurrency back down to $9,154. This time, however, they were able to briefly break below the $9,000 support. Holding $9,000 and then moving up to mid-$9,000s will be crucial for the mid-term move. Bears, on the other hand, will be looking to push below the mentioned support and revive downtrend. To me, it looks like we can expect another drop to $8,400 in the next weeks if no sudden spike in volume is observed.
BITSTAMP:BTCUSDShort
by FutureBlockchain
Bitcoin planning to make one final serious move.If you like my analysis dont forget to hit the like button. Typical 4Hr Bitcoin Chart. $BTC price is respecting quiet nicely the blue triangle, apart from this its following the trendline (red) drawn at bottom acting as 1st support before price might tests triangle base (blue color)if red support fails. Its a descending triangle bearish, btc might jump bit above triangle to trap longs IMO, but if it stays above red support trend line, i'm bullish as its making higher lows, if it breaks red support I'll be bearish and open short. Checking on fibonacci scale, btc is playing with fib 23.6 making lower highs. If things goes out of box and breaks triangle upwards, 1st target will be 10500, 10900 and will test 11241 in no time. If it breaks down 9846, this time we will be back in time.
BITMEX:BTCUSD.P
by open4profit
4
Bitcoin Prices slide as Bart Simpson rears his headIt has come to reports that the prices of Bitcoin have descended below $11,500 this Wednesday. The pattern has taken the shape of the fictional character Bart Simpson's head. The predominant cryptocurrency had gone past $12000 but there was an abrupt descend only hours later from that. It rose high to $12,145 and slid down to $11,438 in that very afternoon. The unwelcoming pattern of Bart's head, as so it has been named after the fictional character, Bart Simpson. It has, consequently, driven the crypto market to decay. The crypto industry had to incur a severe market sell-off. It is learned that newly-published research has affirmed that Bitcoin and crypto-currencies have led to the formation of an inverse correlation with the S&P 500. Nevertheless, it is also being noticed that both stock and crypto markets are in risk now. Bitcoin has come down by 0.55%. the Dow Jones industrial average loses 0.53% and the S and P sliding 0.31% for the day. The profits, it is learned, were to relinquish them in a vicious sell-off only hours later to the gains. Structure of Bart's head wrecks havoc on the crypto domain Bitcoin had to suffer a huge loss by the unwelcoming Bart Simpson technical pattern. This pattern is consistently unwelcoming because the price spikes trade sideways and then swerve low to the point of collapse which is its original level. It has been named the "Bart" formation by the armchair traders as the pattern of lines are reminiscent of the head of Bart Simpson which is analogously spiked. This is a very rare occasion for the crypto traders but whenever it rears it's head then it is because there are manipulators striving to exploit the market at the expense of retail traders. This pattern is heavily detrimental to the crypto market and hence intimidating to the operators of the market. The crypto market is operated under strict vigils and therefore, such forebodings are hard to sense and fortunately rare for this very reason. However, the stalwartz associated with the industry are devising ways to have riddance of such havocs, keeping in mind that no more losses or taints are caused to the market. It is also learned that preventive measures would be taken so that they can out-maneuver every kind of prospective threats. Speculatively, the security on technological terms would be strengthened even more. News Source: TheCoinRepublic
BITFINEX:BTCUSD
by TheCoinRepublic
1
BITCOIN: Bull Market Incoming - But Not Now! I called the bottom, I spotted the accumulation, I figured out the Whales plans about going through 6,000 and 7,000 USD, when everyone else were Shorts, and got killed again and again. That is a fact - Our Group were contrarians to the Market. In my prior post I have evidence for it all. Now I will reveal for you, what most likely will happen from now on! We will enter a Bull Market, BUT not when you think so. First let me tell you, why a Bull Market is under way. We are here looking at the Weekly XBTUSD Chart. - Simple Volume Analysis. For the first time we are starting to see Price Volume Trend Convergence. We made an IMPORTANT break this week, when we made a higher volume bar than the one after the Downtrend. - We keep crusing above historical important EMA9 and EMA21. - Our Elliott Waves match with what we can expect also match with The Whales/Smart Moneys Plan. The Whales Plan The reason our Group made money, was because I among other tings figured out the Whales Plan. I spotted the huge disproportion between Longs vs Shorts, which made it easy for the Whales to steer the market to 6k and 7k and above. Dumb Money kept adding to their Shorts. Now everything is as the Whales want. Dumb Money are starting to go long and soon retail investors will also go LONG, which you can see from my chart is on the end of the 5th Wave. That is pure bate. When first THAT happens, the Whales will dump the price and the Dumb Money will once again get caught. We will probably go all the way down to 61.8 % and maybe below 5k to bait people to go Short. But hereafter its too late - we have already begun our uptrend and we will continue as illustrated on my chart directly in to the Bull Market. D4 PS. Please give a LIKE!!
BITMEX:BTCUSD.P
by D4rkEnergY
164
Augur REPBTC REP reversal expected, with 40% bounce back.Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you. Looking at Augur REPBTC 4HR chart, REP is finding its strong support, but couldnt manage at Fib 38.2 and before that broke EMA21. Right now its trying to find support at EMA 100, but went bit down to 3555. Also in 4Hr. chart we can see its complete TD Sequential 8th candle, 9th to go and might show some bouncy up down push. I would love to take some position around 3469 and if required will do ladder at 3200-3000. BUY AROUND 3469-3600 TARGETS (1)4009 (2)4290 (3)4516 (4)4743 (5)5066 (MOON-SHOT 40%) TA RSI 31 PERFECT MACD CORSSOVER EXPECTED very soon. ADX +18, might touch threshold of 25. NEWS Augur App Release v1.10.0 twitter.com DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
RLong
by open4profit
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY Buy Price: AROUND 750 SAT (INVEST IN PARTS) Targets: 1000-1200-1500-1700 SAT Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range. Long term investor can ladder this coin till 571 (rock bottom) in case price goes down. TA : 1d chart - RSI green signal macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles. TD SEQ. 9 candles done - new candles about to start 836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat. ADX is positive As per volume bots - accumulation is going on in this coin since last thursday.
Long
by open4profit
2
Opening Double Calendar Feb/Mar 122 Puts 124 Callswww.tradingview.com for a debit of 1.20/contract. At open, Theta 1.8 and Delta -1.65. Chart 2 weeks per candle. Bottom panel shows % move adjusted to approx. breakeven prices and the historic occurence % of those moves. Xs (top=up, bottom=down) plot for each occurence and the red green lines show percentage for the selected number in the PriceMove indicator settings (published). Using the guidelines of monthly move of less than $10 (Plus / Minus 10 shown in fuchsia ahead of last candle) and (per TW platform analysis) ratio of > .5 (max profit)/debit at expiration This looked okay, we will see. My mentor on these looks only nearer monthly expriation times so 20-30 dte on short leg and long 50-60 dte. Placed an immediate 25% ($30) closing order and will watch closely as goal of 25-50% of debit. Will shoot for higher % up to 50 when can watch it. If price reaches a breakeven I add a calendar ATM if 10 dte remaining and if not, I take off the position. Categories tricky for the way I trade but overall price movement and limits will fit into support and resistance.
AMEX:GLD
by Tom1trader
2
Can OmiseGo OMGBTC make a recovery of 625% in 2019?Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you. OmiseGo ( OMGBTC )all i can say right at the bottom and all time low. Its in huge correction since 23rd april 2018 when it did high of 0.002543. I would recommend to take entry now, atleast 5-10% of your portfolio funds. TA RSI 29 extremely oversold. MACD CORSSOVER 1D chart moving along with 21 EMA. Huge Accumulation is going on. Alot also depends on btc movement, and a rally up will be a good reward from here. BUY AROUND 0.000327-0.00034 TARGETS (1)0.000380 (2)0.000412 (3)0.000465 (4)0.000503 (5)0.000550 (MOON-SHOT 62%) STOP-LOSS -5% BELOW ENTRY POINT DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
OLong
by open4profit
3