Bitcoin Floor hunting in April & 2018 roadmap [BTFD]At last!
we all knew in the BTFD group it had to happen, still lots of theories going around to where Bitcoin will rest its lowest low for Q2 in 2018
April will be, find the floor month, still not 100% convinced we have bottomed out yet, 30th march brought bitcoin down to a low of 6500, with initial dump hitting 6600 (our BTFD estimate given for target was 6650)
In the daily chart given we can see that both of the upwards Gann fans, one for the low of feb and another back last year, giving two parallel trend support lines which bitcoin has bounced off a few times in the hourly charts, we saw the bounce reach the fib level and came back down to retest again, can this hold that is the question we are looking at...
Indicators show clearly oversold but still needs to come back up
We did have a death cross pop on the 200 and 50 MA's and being near full moon emotions are high once again for big movements either way, volume is way up since retesting the low
personally looking for long setups now, safer trader might want to wait till we clear the redline of down trend resistance before going long on bitcoin
more aggressive traders may way to buy near the recent low and put stops right under the last low for a minimual risk-reward, this can also appy to the major alts too on USDT pairs
Use the fib levels for taking profit, re-entry or a guide to where the major bounces and rebounds will happen
good trades to all and have a good spring/autumn holiday, bless
Roadmap
UBIQ. Heavy undervalued - 5 Airdrops coming - 1:12 distributinWe have Ethereum, we have NEO, we have Waves, We have EOS, We have Qtum.
But we also have UBIQ. Ubiq is very similar to ethereum when you look outside.
Ubiq is the silent sleeper but is going to wake up.
There are 5 big airdrops every 3 months, a year long. You get for 1UBQ: 12ESCH. Total 60ESCHER for 1 UBQ.
Chart is set on the week chart. As you can see perfect buying options. Around 0.00020000 - 0.000230000 is a very strong support level
At the end of April is the airdrop.
Hype is not yet starting, that is also the place where you have to buy for the most profit.
I expect an upcoming hype in early April. When Ubiq comes into view of the radar, after which the FOMO starts in the 2nd or 3rd week.
Green blocks in the chart are the months of the airdrops.
Have a nice day, and keep safe trading.
Do your own research before investing money. To minimize losses
BTG/USD Volume Analysis Prediction 3/05/2018Hi, friends.
We have an interesting idea on BTG.
First of all, the price is near the strong support zone. Second - BTG is in mini-consolidation and the price showed a bull reaction from the lower balance level. Third - a large amount of volume has been accumulated in the narrow price range. It often indicates that we should expect a good movement soon. Fourth - BTG have a strong roadmap for next events and a good positive news. So, be ready to buy BTG.
Trade recommendation:
Aggressive
Entry point: 112.60 (buy stop )
Stop loss: 99.95
Target1: 121
Target2: 136
Target2: 150+
Conservative
121.60 (buy-limit after break out mini-balance)
Stop: 112
Target1: 121
Target2: 136
Target2: 150+
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BTC ROADMAP, LIGHT AT THE END OF THE TUNNEL! (BTC VS DOTCOM)I know Bulls, Im sick out it too. I'm sick of all fud, and the haters that made no money last year walk around like experts because Bitcoin finally crashed and, they "told you so". I didnt want to believe it either; i didnt want to believe the "bubble" was real and it finally popped. It hurts my poor little bullish heart to say it, but the haters were finally right this time. After the breach of the support @ 8k, i knew this wasnt just the normal 50-60% correction we were use to. And like many, I'm sure many of us got stuck holding those 50% discounted bags. However, rest assured, these bears will eat their words sooner than they think, and we will be back on our way to the moon again.
Above I have laid out a comparison between BTC & The DOTCOM Bubble. I felt it was only right to compare a bubble of this magnitude to another bubble of similar global attention and similar influence. I did not feel a comparison to one of btc's previous bubbles could map out the uncharted territory we currently find ourselves journeying through. Although on different timelines, it is evident, crypto with the help of the social media boom, is moving exponentially faster. Thus, what took the DOTCOM bubble years to recover from, I believe Bitcoin & Crypto can recover from in under a year.
With that said, there just isnt much upcoming news for btc in particular, thus i have noted the dates of the upcoming G20 meetings on my chart as possible catalysts for price movements. I feel now after garnering global attention, btc will have to endure many hurdles before we can amount the confidence to continue our next bull run. Many of these hurdles will regard regulation and how many of these countries financial leaders choose to approach crypto. If these meetings lean in favor of interest for crypto, and lack hostility, I can see this having a positive effect on bitcoins price. However, any regulation placed without the utmost care could hurt btc's growth and scare away possible new investors.
For those of you who bought too soon and still have money to invest, I would suggest placing very low buy orders @ 3kish & under to try to dollar cost average out your portfolio a bit more. That way when btc does start to make a run, you will not have to wait for btc to pass your original buy in price to start making money again. #HODL
But why 3k? The floor in my opinion is 3k. it is our first real run up away from the normal ranging btc price of 500-1500 prior to 2017, and a sturdy foundation to cushion btc's fall made evident by the amount of times price has touched this level.
Other Catalysts to watch out for but not mentioned are, Tether (if rumors are true and tether is indeed printing money without sufficient funds before the market has an alternative), and Stock Market Instability. It is no secret, the stock market will eventually crash again; when? its anyone guess. But even instability in this market could attract new investors as a hedge against these tradition investment institutions.
STRAT BTC - Bull div - Gartner Hype Cycle - RoadmapWe can see some major bull div and gartner hype cycle playing out here.
Already double bottomed out and rising nicely.
Good news from roadmap ahead for end of the year. (Check their reddit)
Have been long on this for about a week now.
ADA Looking Very BULLISH + Airdrop = FREE MONEY $$$Hey Guys, As it took some time to look into ADA it appears it is starting its run now! An Airdrop was announced on their Twitter page just recently and there has been much hype in the community about this coin approaching 2018 even though it is still in the development stages. TA - There is downward facing symmetrical line with a nice triangle crossing, forming a nice ABC pattern. I think this is a solid coin and has shown much potential after its initial rally in November to ATH around the 1600sats mark, and with a Road Map update coming out in January 2018 it looks very promising to me.
Looking forward to seeing results!
SHORT Trade Idea:
BUY: NOW
Target 1: 880sats
Target 2: 950sats
SELL: 25% proportions as it could go further
Stop loss: 815sats
PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice!
SOURCE:
cardanoroadmap.com
www.cardanohub.org
m.facebook.com
mobile.twitter.com
Namaste!
GOLD - get ready to party ? Daily chart is very interesting at the moment , it give us a clue where are the areas to enter the market for big returns .
Combining this info with lower time frame like the 4h and 1h / intraday day technique can provide a really good opportunity for us as traders , so be aware of these levels and take advantage of them .
What do you think ?
Best of luck :-)
Strong next probability for short prospectThe economic data have not well illustrated the Swiss franc at the moment, but the following days will be right for this pair.
Hoping.
AUDJPY Elliott Wave Count: Short to Gartley CompletionHey traders, we have a potential bearish breakout toward the completion of a Gartley pattern. Also keep an eye out for a breakout rally, so only enter when there are clearly more sellers than buyers. If the Gartley pattern completes, I will be looking for long positions toward the top of the descending wedge. Happy trading!
OIL Road Map: We've Entered a PRZHey traders! Oil has entered the next watch level after an extended corrective bull wave. An alternate bat is complete at the 1.13 projection of the (W)/(X) wave. I expect some resistance at these levels. The short target is our unhit pivots. I expect further drop twoard low 40's after that to complete (Z). More updates as the tide rolls. Happy trading!
SPY: Recent Indecision May Lead to Vicious DropHey Traders! Keep an eye out for the completion of this triangle and potential continuation of bearish movement on the S&P. May start looking for short opportunities if we see a bearish impulse after wave-E of the triangle completes. Updates to come as the tide rolls. Happy trading!
USDCAD Wave Count: Two Trade Setups ApproachingHey traders! Looking to buy the terminus of wave-((b)) if the opportunity presents itself around the target of the triangle thrust coming off of last week's indecision. From there, I'll be looking for the completion of a potential gartley pattern to sell with a conservative target. Updates to come as the tide rolls.
NZDUSD Wave Count: Road Map with Many ScenariosHey Traders! There is a lot of uncertainty with this pair, as three different scenarios are possible. We have a potential triangle complete from last week which could mark the completion of wave-((B)) and a fast drop ensues before a rally into completion of wave-(z) on the supercycle degree. If we see a rally, this will likely confirm an ((A)) count on the five wave impulse and a swift drop could ensue toward a 5 wave C, before rallying into the completion of supercycle (z). The least likely scenario is that we will see a free fall from current levels, breaking the channel and moving into a five wave bearish impulse toward .69 and lower. No trardes for me until some of the uncertainy clears up, but I will be watching and looking for trades. Updates to come. Cheers