#WTC - Time for Long, Big gains#WTC
Just landed with a double bottom which it broke retested and ready to rise again, forming a huge rising wedge pattern which we can take advantage of on the last leg up.
Buy 16000-17000
Short term Targets:
T1 - 17700
T2 - 18000
T3 - 18800
Mid term Targets:
T1: 19800
T2: 22500
T3: 25000
Long term Targets:
T1: 27800
T2: 32400
T3: 36000
High - Target: 47100
Stop short term - 15900
Stop mid - long term - 13600
Reversalpoint
Bear market is almost over ?Olá.
Neste momento temos a continuação da queda que já era mais do que prevista pelas analises.
Perdemos todas as linhas de tendencia de alta, LTA, exceto a mais antiga que é a linha histórica.
Perdemos suporte atras de suporte e o preço já está quase no fundo mais recente.
O BITCOIN está indo à lona. Mas já esperávamos isso. Que os Ursos tomassem conta do cenário.
Mas essa temporada começa parecer estar próxima do fim. Esse inverno foi terrível para muita gente. Principalmente para os novos investidores em Cryptocurrency. Mas não há mais motivos para se desesperar. Se chegaram até aqui amargando essa queda não tem mais nenhum motivo para vender agora. Isso seria loucura de assumir um prejuízo enorme.
O mercado voltará. Logo os touros estarão de volta.
Temos o preço caindo dentro de uma pequena cunha de baixa e a maior possibilidade é que com esse afunilamento o preço rompa pra cima.
Consecutivamente temos uma cunha maior também onde o preço também afunila e o fundo dela é coincidente com um suporte importante.
É provável então que tenhamos ao menos um Pullback e um novo reteste da Linha de tendencia de baixa, LTB.
Como dessa vez estamos mais próximos esse impulso pode fazer romper de vez essa linha. Afinal já caímos bastante como mostra os indicadores e temos bastante folego dessa vez para o preço buscar forte esse rompimento e reverter de vez a tendencia.
Vamos esperar e ver o que ira acontecer. Vamos ser otimistas. Quem sabe essa estação já está bem perto do fim ?
Hello.
At this point we have the continuation of the fall which was already more than foreseen by the analyzes.
We lost all high trend lines, LTA, except the oldest uptrendline historical line.
We lost back support and the price is almost at the bottom most recently.
BITCOIN is knockeout. But we expected that. Let the Bears take over the scenery.
But this season begins to seem to be nearing its end. This winter was terrible for many people. Especially for new investors in Cryptocurrency. But there is no more reason to despair. If they have come here bitterly, this fall has no other reason to sell now. That would be crazy to take a huge loss.
The market will return. Soon the bulls will be back.
We have the price falling within a small wedge of low and the greater possibility is that with this bottleneck the price will break up.
Consecutively we have a bigger wedge also where the price also narrows and the bottom of it is coincident with an important support.
It is likely then that we will have at least a pullback and a new retreat from the downtrend line, LTB.
As this time we are closer this impulse can make break this line once and for all. After all we have already fallen a lot as the indicators show and we have enough breath this time for the price to seek strong this break and reverse from time to time.
Let's wait and see what will happen. Let's be optimistic. Who knows, this season is already near the end?
EURCAD - Posssible Short Scenario after a 78.6 retracementThere is a possible 78.6 fibbonaci retracement on EURCAD, before it starts pushing down to touch the black-dotted uptrend you'll see on the chart when you zoom out. There are also some major areas of reversal to pay attention to. Personaly, I took that sell limit order and waiting it to go active. If you agree with me place it, else share a chart pointing out the different idea you have in mind, in a comment. Thank you !
Just an idea, not a signal. Compare it with yours and leave a comment, letting me know what you think.
Trade with care
IOTA: Is 13,480% return even possible??The honest answer to that question is probably not.... so why did i make the video??
Asymetrical risk. Its possible if the pattern plays out, that price will go through D at 15 cents and goes down to 10 cents or 5 cents or 2 cents (this is not likely ONLY POSSIBLE!!!). If it does and it then goes up to where the pattern projection suggests is possible then you are looking at 1000's of % gain.
*** WARNING ***
THIS TRADE IS ONLY FOR A VERY SMALL AMOUNT OF YOUR CAPITAL!!!
CADJPY to enter a bullish market this upcoming weekI believe CADJPY is going to see an increases in price later this week. I believe this because as shown you can clearly see the trend breaking past the lower bound of the stochastic oscillator as one indicator of a reversal, and as a second indicator the chart shows a bearish candlestick breaking out the lower bound of the bollinger band.
BCPT - New entryMy last BCPT trade didn't really work out and got stopped out with minus 20%. outch! So don't believe what you see here.
DGD - Ground floor in?Hey. Here is my all natural, eco and local handdrawn chart update for DGD. This is just what I a see here. I don't have a clue about TA. So better don't trust it. ;) No financial advice so to say.
I still hope for a C&H here. So this is what I see in my lucid dreams. Not sure if we are ready yet or if there is another leg down in.
As you can see I am not working with a fork on this. Hope you didn't get screwed while watching a fork that isn't one.
Let me know what you think. Educate me or tell me how stupid this is. THX.
BTC potential return if break and hold over 12,000Very important for macd orange signal line to break above for reversal signal @ $12,000, RSI should compliment by reversal pattern break above 60 (61/62).
TP points at 14,500/17,500/19,500
future analysis will be given at 20,000 break.
Personally though reversal would take longer. entering trade with caution, but overall very much bullish on Cryptocurrencies.
Pay/USD Going up, Long term investment, Or shorter one?First i must say i might be wrong in this idea drawn on this graph. Pay/usd is really keen on going upward trend, we just dont know how much at this point.
BTC _ USDI think the most important support zone now is the zone formed SMA 200 and 5000.00 level. If the price bounce from it, can be the beginning of a new upward movement. RSI is in the oversold zone and it is coming to confirm price reversal. I think it's time for BUY. If so, buying from the current levels seems a good investing for LONG TERM.
Good entry its SMA 200 (6.2k - 6.5k)
1st support - 6k
2nd support - (5.5k - 4.8k area)
short and mid Targets (resistances)
T1 - 8.5k
T2 - 10k
T3 - 11k
T4 - 12.7k
also SEC conference bring us some good news! lets hope for a good reversal from this point!
t.me
Storj (STORJ) Technical Analysis and Trade Set-up. Tune In!Welcome to my TA on BINANCE:STORJBTC ! I've been long this coin November of last year, but this is my first public analysis on it. I'm long-term bullish about this asset, as it seems to solve an actual problem facing us in the future. Considering the rise of IOT devices, it makes sense that even storage should be distributed with the ability to charge very small amounts of money for services. BINANCE:STORJBTC has taken a beating since COINBASE:BTCUSD took down the whole market, but I'm seeing a slowing of a downtrend in, what I think, is a preparation for a rebound. This has been a common trend that I've seen in smaller-cap cryptos experiencing a downtrend. Here are the key characteristics that I've been seeing:
Established downward-trending channel
Pattern of touches on a parabolic line, showing a flattening towards the right
Healthy swings in RSI, with oversold indicators towards this flattening region
What I'm seeing here is strong evidence of a flattening region in preparation for a reversal. The coming days will show us which direction we're headed. If we do see a reversal, I'll post another trade idea with buy in, stop loss, and trading targets. I'd like to hear your thoughts on BINANCE:STORJBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Ethereum (ETH) Descending Channel Update. Rebound Ahead?I'm posting this short analysis as an update to my previous post on CEXIO:ETHBTC . I predicted the end of the CEXIO:ETHBTC downtrend seeing a slowing downtrend and RSI showing oversold. Well, we're here again. Usually this is a strong indicator of a rebound ahead, especially for a strong coin like CEXIO:ETHBTC . I've drawn out a curved line that showing a slowing downtrend, it's clear that we're stabilizing a bit. However, we haven't reversed our trend and I'm not seeing much evidence besides the RSI showing oversold. Not a whole lot of info here, but I will be using this post to track updates!
I'd like to hear your thoughts on CEXIO:ETHBTC ! Is it oversold or will it continue to drop? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
iExec (RLC) Downward Trend Reversal. Ready for a Breakout?I've been long BINANCE:RLCBTC for a while now. It's safe to say that I've taken a beating since late January. This issue was only exacerbated by the
COINBASE:BTCUSD downward trend. However, I'm seeing a potential trend reversal in the charts! So let's break this down.
BINANCE:RLCBTC has tested the black curved line FOUR times since the spike in late January. To me, it looks like the bears are tired. We see that the RSI is showing that BINANCE:RLCBTC was oversold when it hit the black resistance line for the fourth time. Right before this, we saw the downward channel established from the spike and the high on the 13th of February. My only hesitation is that we're not seeing a strong rally nor a strong volume over the past couple of days. Hopefully, we'll see this in the next coming days. If we do, I think that we'll see a strong bullish rally and the establishment of an upward-sloping channel.
I'm long-term bullish about BINANCE:RLCBTC , but I'm now short-term bullish as well. I'm tired of taking a beating on this coin, aren't you? The next few days will be telling, so stay tuned for my updates on BINANCE:RLCBTC . If I'm right, that's great for all of us and I'll continue to track the reversal. If I'm wrong, I think we can all learn a bit about the potential failings of technical analysis.
I'd like to hear your thoughts on BINANCE:RLCBTC ! Is this the end of the downtrend? Or will we see BINANCE:RLCBTC continue to lose ground to COINBASE:BTCUSD ? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Bitcoin Cash (BCH) Consolidation Over. Now oversold?I'm looking at the BCHBTC charts and it's looking like the consolidation period is coming to a close. BCHBTC recently established found resistance at the 0.15 level showing that it was overbought according to the RSI and Stoch RSI shown on the chart. While BCHBTC is not showing that it is oversold on the RSI, it is showing that it's oversold on the Stoch RSI. The fact that it's approaching the right corner of our triangle paired with the BTCUSD bounce could lead to an upperward bullish breakout. What we're looking for is an upperward trend in price, an increase in trading volume and an upperward sloping RSI/Stoch RSI. I'm not seeing any movement yet, but I'll be looking for an indication over the next few days.
I'm currently long on BCHBTC because of the BTCUSD bounce and the oversold indication. Higher-cap coins will likely do well as BTCUSD continues upwards (as long as it follows previous trends.
I'd like to hear your thoughts on BCHBTC ! Where do you think it's headed after this consolidation period? Are we headed for a bull run or will the bears take it to the lower support? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Monaco (MCO) Technical Analysis. Downtrend Coming to an End?Beautiful cards and a cheaper way of exchanging currencies, BINANCE:MCOBTC is a mid-cap coin attempting to change the way we think about commerce. I'm long-term bullish about this coin but am looking at some short-term TA to see if its time to get out and wait for a buy-in point or just stick with the coin that I have now. As with many of my TAs, I see a few positive indicators:
Established downward-trending channel with several tests in the past few weeks
Flattening parabolic line that indicates a potential reversal ahead
Oversold RSI indicators showing in the middle of the channel instead of at the bottom
It looks like the bears are getting tired of selling and are losing momentum. Now that we have the weak money out, I think it's time we see a BINANCE:MCOBTC rally! Note that we are still within our downward channel, but I do see evidence that suggests that we're about to exit our channel and flatten/reverse direction. I'd like to hear your thoughts on BINANCE:MCOBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
[BTC/USD] BITCOIN-ALL INDICATORS LOOK BULLISH NOW! BEARS LOST! Well, after many weeks in agony waiting to see what Bitcoin actually does, I believe today is the day for me to pull the trigger. On this video you will hear about all the indicators yelling bullish signals. This inverse head and shoulders was confirmed for me and completed when it broke the neck line resistance on Valentines day Feb 14th, 2018, indicating a bullish reversal about to take effect. The average rise when this happens is approximately 38% up. So, I marked it and also used some Fibonacci retracement lines for some targets.
In a way this sucks, because I really wanted to buy bitcoin at about 6k or lower, but unfortunately I didn't get that chance.. The charts are telling me something totally different despite my bias emotions of hoping it would go down. So I'm sticking with the charts and going all in today. The next major period when I believe FUD will occur may cause some panic selling with potentially the G20 Summit this year in Buenos Aires, Argentina Nov 30th, 2018. Germany and France and other countries will heavy regulate crypto which may cause some panic selling and we may see some lower lows. For now, I believe the growth or momentum will be slowly back up in a bullish trend some normal healthy dips... Per my observation, I believe the bear trend might be over! If I'm wrong then I guess I wont loose and neither will many others since you will be able to buy bitcoin much, much lower.. But based on my observation of these charts today don't count it!
So, for now this agony and anticipation is over! I can finally chill out now and have some fun!
If you enjoyed this video don't forget to like it..
Thanks,
CryptoBuzzAnalysis
PS. Disclosure: This is not financial or trading advice. You are responsible for you own actions and should do your own research.
[BTC-USD] FALLLING WEDGE -ROCK BOTTOM STILL POSSIBLY COMING? After my analysis, I have determined that I temporarily disagree with other analyst in which they have determined that a bullish reversal is coming or near. We have been in a negative trend for quite some time now. It astonishes me to see that just cause today Feb 7th, Tuesday has been a decent day in crypto and BTC specifically watching BTC go back up a little , other analyst so confidently can predict true reversal.
In my humble opinion, I still believe that BTC is suffering from significant volume as shown on my chart. To prove this , it needs to have a SIGNIFICANT amount of buying volume in order for that bullish reversal to take place. At this point, I am personally staying away from buying any more BTC until I get a better micro picture of this holistic bearish trend-(Falling Wedge) that I continue to identify.
On this chart I have identified 3 different testing targets in which BTC will test on its way down in order to complete if cycle and then begin a true and real reversal as identified on my chart. There needs to be way more volume for a true reversal to take place!! That's not going to happen until it reaches rock bottom in my opinion!!!!#!! We saw that on Feb 5th went down as low as 5k or so, testing a lower low. Well I think that was a brief sign of just the beginning. As projected in my analysis I still think it can go down about 40% -50% lower from todays price of $8,033-$8,200 from what I see.
Of course, NO one has a crystal ball, but this is what I see and for the time being and for now I am not convinced that a true healthy bullish reversal is in effect. So in conclusion, be careful with BTC, you could potentially tank 40% to 50% down more if you buy now. Do you own homework with your own analysis. Do not follow the sheep, including me. Think critically and make your own final determination of predicting where the market will go with BTC.
Another video by CryptoBuzzAnalyst.
PS. Don't forget to hit the like button if you enjoyed my video. Your support is appreciated!
CHF WILL WEAKEN OR JPY WILL GO STRONG ?I seen an interesting setup in the CHFJPY daily time frame.
1. Price near strong resistance.
2. Reversal signal has been made.
So this what i'm thinking.
I'm going SHORT in this pair.
Entry : Around 118.200
Stop Loss : Around 118.800
Take Profit : Around 115.000
U'r very welcome to give a comment.
DISCLAIMER ON
BTC/USD - THE GOLDEN BULL (ELLIOT W, RSI, MACD, TREND & MORE)In this chart we're looking at a few different things but with a positive sentiment overall.
It's been a hell of a ride in the last 24 hours and we need all of the information we can get. So let's get right to it. After dipping to about $7500 early this morning, the bulls finally came out to play and we got the trend reversal we were so eager to see.
(A) Support is now at $8500.00 (Green Line)
(B) Resistance is being observed between $9000.00-$9200.00 (Red Lines)
(C) Next target should be $10125.00 (where we've seen heavy resistance in the last 24 hours. (Yellow Dotted Line)
(D) The new trend support line can be observed on the chart as (Magenta Line)
(E) The MACD is on an upward trend.
(F) The RSI is hovering at around 50 but consistently with the MACD, it is also on a slow upward trend.
(G) The climb from this morning's bottom-out ($7500) to the current resistance point has retraced to a very optimistic 38.2% FIB level. This should keep the bulls happy. (continue reading on next page...)
(H) Once we break out of the (B) resistance levels, we will also be breaking out of the bearish trend/channel resistance (as seen by the dashed gray line that began on January 29th. This should send us easily on our way to our new resistance of $10125.00.
(I) Currently we are navigating in the upper portion of the Bollinger Band indicator, which could potentially mean, a small correctory movement, which I personally wouldn’t be too worried about.
(J) The final resistance in our current wave impulse cycle will be seen when we reach $11000 (Dotted Blue Line), at which point we will begin the corresponding 3-point correction/retracement.
(K) The most crucial moment will come when we reach the area in the GREEN highlighted ellipse. Where many trend lines, supports, and fib levels coincide. Looking forward to it.
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts.