Get started

Pricetargets

Bitcoin H&S Target Touched 8 times. Bull run will resume soon.Pretty simple analysis here. I find that often simple analysis isn't any less correct than complex. Anywho, Bitcoin dropped perfectly from our neckline of the H&S pattern at around 50k, exactly where I sold. I then hit our target down from that neckline perfectly! You can see this target drawn on the chart. Here is where I immediately posted that we should all be buying. Though unintentional, I drew the target line weeks out. We've hit that target line now (or have come close) 8 times. Our upward resistance now becomes the ORANGE uptrend line from MID-OCT of last year. You can see we've hit our heads on that quite a few times as well. I expect it to break soon. However, the reason that this post is neutral, is because it has not broken yet. I am and have been fairly bullish ever since BTC hit 30k. That is obvious from my posts which you can view below. However, I will only become a full-on bull again once we break that overhead resistance (ORANGE trendline). And although I am mostly all in the crypto market again, my sell stops are fairly tight. This last resistance is huge and MUST be hurdled first. Happy trading all!
COINBASE:BTCUSD
by stewdamus
OXTUSD Orchid Target Still $1.25-$1.40 before April 15thHi guys. A few months ago I posted the following idea which made a case for OXT reaching $1.25 on or before April 15th. You can view that idea here: This chart really is just adding to that original idea. It's a noisy chart, I know. I failed to clean it up before posting only because I wanted to keep all of the indicators in place for my own information. So, after you go back and read my original post, come back here and find a few more indicators leading me to believe OXTUSD will reach, at least, $1.25 - and quite possibly $1.40! What I have observed (and you can take this for what it's worth), is that BATUSDC and OXTUSD seem to feed of each other's PUMP. First BAT rises and then OXT follows this ALTCOIN's lead. After that, many of the other alts on Coinbase will generally follow. So, on Coinbase, traders obviously start with the big dawg, Bitcoin. Ethereum will follow. Then bigger alts like LTC. Then BAT. Finally, OXT. And then the other ALTS. The money seems to trickle down in about that order. Obviously, not always. But a pretty good generality to observe. I simply use this precedent as another timing indicator of sorts. Because OXT likes to copycat what BAT does, I have included some of those calculations on this chart simply for reference. BAT recently mooned. Much of this was on the news that it would be developing it's own DEX. This is great news. Obviously, from my profile pic, you can see I am a huge fan of BAT. I do think it will join the ranks of the big dawgs in short time. But enough about BAT. You came here to read about OXT. Here's what I have calculated so far: I have noticed, on average, most crypto will top out or have a top line resistance/target of 2.8x multiple from current 200 day moving avg. Therefore, if you take the current 200ma and multiply it time 2.8x, you can have an idea of where your coin might go. In this case, OXT current 200ma sits at .33 cents. This gives us a fairly reasonable and safe target (IMO) of around .92 cents. That could be a first target which we have almost reached today, as of this post. My second line takes the BAT price, which OXT tends to copy, to find what that multiple is. BAT topped out at $1.38 so far. Still could go higher (and I think it will). But let's take that price for now and use it in our calculations to give us another idea of where OXT might end up. BAT reached $1.38 but it's 200ma was only .32 cents. That give's us a multiple of 4.3x BAT's current 200ma! Awesome! Now, if OXT were to follow the same results, which it surprisingly tends to do historically, then we should see OXT reaching a price of $1.41. Now, this, to me seems like a pretty aggressive target and I don't see myself holding OXT past the $1.25 mark, however, anything can happen as you all know. And this only gives me further affirmation that my $1.25 price point from a few months ago is not far off! I will attempt to hold at least %33 of my entire stake here until we reach this mark. I will be taking profits (and have already) at various markers along the way. One final indicator is that $1.40 is exactly 2.168 Fib retracement of OXT's previous high from a few weeks ago! And this, you can note, is where a LOT of the ALTCOINS are headed. Some, like BAT, have already reached! Anywho, I just wanted to give a few more talking points to discuss on my previous price prediction here. Let me know what you all think in the comments below. I wish you all the very best! Please be sure to go back and read my previous post from a few weeks ago here:
COINBASE:OXTUSDLong
by stewdamus
2
ETH/USDT - new targets after the correction cycleHello, Traders! Having entered an uptrend, ETH has gone into a correction. At the moment, trades are held in between $1,440 and $1,868, between the buyers' zone of interest at $1,302 to $1,440 and the sellers' zone of interest at $1,868 to $2020. The situation on the world markets looks shaky, which provokes more and more traders to work from sales. This situation was repeatedly played out by market makers during the bull rally. Thus, they pushed the price up and provoked the players to close the short positions at a loss, which in turn gave a new impetus for the price growth. Based on this we can try to connect to the buy positions in the range of 1488-1578$. The Stop Loss can be placed under the lower border of the buyers' area of interest - the level of 1302$. The targets would be price levels of $ 1670 $ 1868 $ 2018 Good luck and watch out for the market! P.S. This analysis is created for educational purposes only - measure your risks, while trading crypto currencies
COINBASE:ETHUSDLong
by UnknownUnicorn10064030
2
BTC/USD - price targets after correctionHello, Traders! The Bitcoin price has fallen 23% from its highs. Buyers have started to lock in their purchases, which were formed in the range of 37650-39775$. At the moment, we can see the range of 44200-47200$ on the chart, which acts as an area of interest for buyers. Considering the January local market cycle earlier this year, we can assume that the price has now moved into a new trading range of $44200-57600$, where a new local market cycle will take place. Buying may be sought after confirmation of the trend and reaching the level of 49700$ near the MA100 on the H4 timeframe. Stop Loss should be placed under 46300 $ The targets will be local levels of $52400 $55000 $57600 and in case of renewal of the ATH - a psychological mark of $6000 Watch out for the market and don't forget risk-management. P.S. This is not a piece of financial advice, but only a trade I would be following myself
BITSTAMP:BTCUSDLong
by UnknownUnicorn10064030
Looks like silver is about to make a large up move.Silver closed strongly this week, however that is not surprising. All 4 cycles are up - the large cycle, the medium term cycle, the daily cycle and the hourly cycle. At the same time, silver with about 6 hours left of trading yesterday made a push higher just in tact with the recent trend line and closed back above it on a weekly basis - signalling us to go long. It is very interesting to observe how perfectly trend lines work, pure magic. As long as we don't get a close below 26.9 - the buy signal remains. I expect silver to reach the 32.5-33.75 trading range by February 23rd, then we could potentially stall out a little bit till cycles bottom early March before the next up leg that will take us to 40 in mid April. Remain tuned for fresh updates. Today I will post several more updates regarding related instruments and prove the fact that silver is about to explode. Remember futures trading involves a substantial risk of loss and is not suitable for all investors. Thanks a lot.
FX:XAGUSDLong
by CSInvestment
5
BTC Price Targets for February!Hello, dear subscribers! Today is the first day of February and let's talk about price targets for this month. The Bitcoin price has a huge growth during December and the first week of January, but last 3 weeks it is in consolidation phase. It is a great sign because there was an overbought condition on the market and now the capital is reaccumulating. We provided a Wyckoff cycle analysis last time an as you know the current price action looks like a Wyckoff reaccumulation scenario. There are two different type of this reaccumulation could play out: with and without the spring. It is a big question now. We can see that now the price is trying to break through the CPR level for February ($34200). In case of success the price will fluctuate in the range between $34200 and $40600 before we see the sign of strength and the potential growth to the R2 pivot level ($48000). If the price goes down fron CPR level it is a high probability of the Wyckoff scenario with spring. In this case the first target is S1 pivot ($26600). After that the reaccumulation will continue and price can reach the R1 pivot level and do the same as in the previous scenario. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
6
ALWAYS RESPECT the PRICE TARGET MEASURMENTS !!!!!!!!!!!!!!!!!!!!just a quick update. the PT i posted earlier we hit then we blew past it !!!!! now look as we are bouncing back and fourth on that same price target as support/resistance you can make this up. technicals are key always wait for your candles to close and zoom out before your freak out.. a 6hr chart is not worrisome at all vs a 1hr. check it out for yourselves tip of the day.... before freaking out, zoom out on the charts!! ***im not a professional... i do this like i was one though :P*** if you enjoy the content please like and subscribe
BITSTAMP:BTCUSD
by ELM_Trading_NYC
Potential Reverse Cup and Handle. If Confirmed, T=$8000 by Nov. A little premature to know for sure, but this is looking like a reverse Cup and Handle pattern to me. If we confirm it by breaking and remaining below the neckline on the daily, we could see prices at or around $8000 by U.S. election time frame. It is worth noting that this move would be in correlation with the broader markets (S&P, DOW, Nasdaq) in which I currently see a Head and Shoulders pattern playing out with more room to move down. This lends strength to the idea that our Cup and Handle pattern here will also play out as the crypto market seems to run in correlation with the broader markets.
COINBASE:BTCUSDShort
by stewdamus
2
Well THIS is rather ominous! BAT 6-7 cents by U.S. Election?!?!If the chart plays out, could be deep trouble for BAT HODLers! I see a reverse Cup and Handle pattern here in correlation with the broader crypto markets and Bitcoin. Also, crypto markets are in correlation with the broader markets (S&P, Nasdaq, DOW) which is currently seeing a Head and Shoulders pattern in full swing with more room to move down. I don't want to believe it but I have to set my emotions aside here and trust my charts. For me, the safest move to make right now is mostly CASH until after these U.S. elections are finalized. What a mess!!! Best of luck traders! Let me know in the comments what you are doing with your $$$.
Short
by stewdamus