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LONG Bitcoin to 7000 SHORT TERM TRADEYou can see on the 1hr chart that there is a flag and pennant forming, and based on the martin trendline indicator it's been validated as bullish throughout the formation so i think we will see another spike up of a similar amount or magnitude, ~$300 like the previous jump from 64 to now at 67. You can also see on the volume oscillators spikes supporting the bullish price move. Not sure how long this bullish momentum will carry on but a good time to reevaluate is 6900-7000 and watch for any red candles on the martin trendline, which would indicate a reversal most likely so stop loss at 6681. Taken in the larger context we are approaching a long set upper parallel with the flag and pennant which i think means we are going to have a breakout from the upper trendline. Or we could get rejected and be heading down with a loss of $22.3. Based on a $1000 account with 100% risk, Risk/Reward ratio is 8.72x so your risk is $22.3 and your potential reward is $281.
BITFINEX:BTCUSDLong
by Silvertoe
1
Upcoming Bump For S&P 500The S&P has been relatively predictable when applying some Elliott Wave Theory principles. While we are in the final stretches before we hit a major correction, a smaller one is on the horizon. The pull back will not be much, but jockeying for position is not bad. The index should find a top around June 14 around 2791.91. This will be followed by a drop over the next 1-3 weeks. My projection has the bottom most likely between 2670 and 2740. I am leaning between 2700 and 2733. After this bottom, I expect major upward movement through early to mid-September. We could test 3100 during this rally. When projecting moves based on wave theory, I try to also identify real world items that could be cause for these moves. June 14 coincides with the end of the US-NK summit, Fed policy decision, and looming trade conflicts between the US, its allies and China. What ever the case may be, I am positioning for this pending drop and ready to ride the final wave 3 high into September.
SP:SPXLong
by StockSignaler
XBT/USD TECHNICAL ANALYSIS. SHORT TERM BEARISH SCENARIOHello everyone, welcome to my short term perspective of bitcoin on bitmex. Let's get right to it.I would like to start with the price action and then I will move on to the indicators. We have a rising wedge formation, which appears to have completed and broken down on 6/3 at 2000 hours. Keep this time in mind , I will refer to it once again later on. This rising wedge began forming after a bounce off of $7060 ( Strong support zone shown in pink). Price then rose to the .618 retracement( $7766 ) , completed the pattern formation, then ultimately broke down. Price also ran into the 100 EMA, and got rejected as well.(red arrow) I would like you to take a look at the blue arrow. In the recent past(5/20-5/21), price also ran into the 100 EMA, got rejected, and ultimately broke down. Price is currently testing the $7500 price level. Keep in mind that this is a STRONG psychological support level. Such as any other multiple of 500 or 1000. Price will stay in this area for a while until either bears or bulls win the battle and take over. The same sellers that were present during the first breakdown (5/21) could come back now and drop the price again. It's clear that selloff has already begun, but how strong are these sellers? We don't know yet. In the most bearish scenario, price can go as low as $6950. I would not be alarmed if price went this low. Now I would like to move on to the indicators. Starting with the MACD. You'll notice the moving averages are not there. I have removed them for visual purposes(side note: there is a bearish cross on the two ma's, not shown in my chart) The MACD histagram began showing DIVERGENCE prior to the breakdown of the rising wedge pattern. This means that the histagram provided the first indication that price may be on its way down in the near future. Now I'd like to bring up the time of the original WEDGE pattern breakdown, 2000 hours on 6/3.(8PM if you dont know military time) The MACD histagram curled downward unitl 2000 on 6/3, prior to breaking down under the neutral line( " 0 line). And price broke down with it. Now I'd like you to have a look at the RSI. A similar rising wedge pattern occured on the rsi as well. It begain rising with the price action until it tested resistance. It ultimately broke down at 2000 on 6/3 along with the price. It's clear that selloff has already begun, but how strong are these sellers? We don't know yet. I have highlighted the bearish and bullish scenarios. I hope this helps you improve your perspective and due diligence. Please note that this is only a short term perspective. IF I am WRONG, and price bounces off $7500 and breaks above the .618 retracement, then awesome ! I will close my short position and go long. There is no problem with that. I am still long term bullish on bitcoin, but I do believe that we are facing a short term breakdown. Thank you for reading. - ** LEGAL BS: I am NOT a financial advisor. This is not FINANCIAL ADVICE or reccommendation to buy/sell BTC. This information is for educative purposes .**
BITMEX:BTCUSD.P
by brazuka08
2
GBPJPY PULLBACK FOR SHORT TRADING?Hello guys, For this month my trading review for GBPJPY is SHORT-term. Because what i found on weekly chart there already break lower trendline. So i decide to find KEYS LEVEL for PULLBACK area for enter the short position. This time i will use Stoploss around 200-230pips by the way my average or REAL stoploss trading what i use below 30pips but for this time i take RISK to swing on gbpjpy currency. MY PENDING ORDER : MY LOT 0.10 FIRST PO : 147.810 SECOND PO : 149.120 STOPLOSS : 149.825 (risk 200 pips) TAKE PROFIT : TP 1 :142.930 (winning pips 450) TP 2 :139.820 (winning pips 780) TP 3 :136.810 ( YEARLY TARGET) but not gonna hold my position to this tp.. hahahaha ALL MY RISK ARE CALCULATE FROM FIRST PO. NOTED.
Short
by HakimMahmud
XMR/BTC Monero LONG (Short-Term Trade, Realize Profit 1-2 Weeks)Monero testing 7 day (short-term) RSI undervalued. This line (20) hasn't been broken since November 2017 and current chart patterns look quite similar to the long decline that occured before November 2017 as well. Briefly tested in April but very quickly bounced back, it has tested this line 3 times in recent days and may break through but will very likely bounce back strongly if it does. Good short-term entry around 0.02 BTC price.
Long
by Kainp
GBPUSD Long Trade SetupHello traders. GBPUSD broke the down trendline and now I'm waiting for a flag to take a long trade. This will be a short-term trade. If you look at the following image you can see that It came down sharply after weekly corrective structure and now, I'm expecting a correction before the next down impulse. So, my target is only the A wave inside of the correction. My plan is to move the stop-loss to positive levels and then let the market stop me out with some profit.
Long
by WaveAnalysis
2
$$$Buy Alert$$$ NXSBTC Nexus Bittrex 24 Hour Volume Spike Above***Trade with caution over the next few days because of the Memorial Day Weekend Holiday*** As the title says over the last 5 days Nexus volume has spiked over the 20 period volume moving average 3 times. I’m looking to buy long and hold for the long term target of .00097444 which is the 52 week high. Big gains ahead on many coins, tokens and projects. Price Targets with potential profits based on .1 BTC. Adjust the BTC amount based on your trading plan. Plan for the worst and hope for the best. In other words plan to DCA every trade if you are HODL’ing and especially if day trading or swing trading. Always have a trading plan and always acknowledge your personal level of pain/risk and tap out when your threshold is hit. Some of the best traders on the planet are just barely better that 50% traders. The thing that makes them successful is they cut their losers short and let their winners run. None of my bullshit is trading advice. Lose your money that’s on you. .1 BTC ÷ .00026712 = 374.3635 NXS Target #1 10.51% .00029487 x 374.3635 NXS = 0.110388565245 BTC Target #2 49.51% .00039984 x 374.3635 NXS = 0.14968550184 BTC Target #3 82.07% .00048489 x 374.3635 NXS = 0.181525117515 BTC Target #4 265.54% .00097534 x 374.3635 NXS = 0.36513169609 BTC !!!Public Service Announcement’s!!! 1. A special thanks to all for the fucktard whales, sharks and manipulators. Thank you for all of the chaos which is allowing us to enter at great pricing. Hey Jamie “Fuck You” you know who you are! 2. Ryan Coffey. You motherfucker! Go back downstairs in your mothers’ basement and jerk your tiny dick with your Cheeto dust covered hands and stop crying about $551.89. Are you fucking kidding me? Buy low sell high! You have no business trading crypto or any financial instrument. I hope Ripple fight you in court and at trial and they win court costs against you. 3. On Friday, May 25th, 2018 Team McAfee published the Declaration of Currency Independence currencyindependence.com which is a pledge of solidarity to unite the cryptocurrency movement and community! Everyone please visit the website in the link or search for it on your own. The time has come for us to unite and stand together against tyranny, oppression and slavery. Free yourself! Take the Red Pill bitches!
Long
by dipdizzywizzle
4
$$$Buy Alert$$$ SYSBTC Poloniex 24 Hour Volume Spike Above 20 MA***Trade with caution over the next few days because of the Memorial Day Weekend Holiday*** As the title says over the last day or so Syscoin volume has spiked over the 20 period volume moving average about 15 times. I’m looking to buy long and hold for the short-term to mid-term target of .00005414 where I will take half my position off and let the rest ride up to the .00006599. Potential target of 17.56% and 43.32% respectfully. Big gains ahead on many coins, tokens and projects. Timeframe: This trade will develop over the next 3 to 7 days. News: Syscoin has 95.50 BTC trade volume in the last 24 hours according to CoinMarketCap and their SYSCOIN 3.0 project is now live. They now have 3 certified blockchain products on Microsoft Azure and have the whitepaper up for SYSCOIN 3.0. Great concept, Solid project, 888 mil max supply. I like the opportunity on this trade. Price Targets with potential profits based on .1 BTC. Adjust the BTC amount based on your trading plan. Plan for the worst and hope for the best. In other words plan to DCA every trade if you are HODL’ing and especially if day trading or swing trading. Always have a trading plan and always acknowledge your personal level of pain/risk and tap out when your threshold is hit. Some of the best traders on the planet are just barely better that 50% traders. The thing that makes them successful is they cut their losers short and let their winners run. None of my bullshit is trading advice. Lose your money that’s on you. .1 BTC ÷ .00004605 = 2171.55266 SYS Target #1 17.56% .00005414 x 2171.55266 SYS = 0.117567861 BTC Target #2 43.32% .00006599 x 2171.55266 SYS = 0.14330076 BTC !!!Public Service Announcement’s!!! 1. A special thanks to all for the fucktard whales, sharks and manipulators. Thank you for all of the chaos which is allowing us to enter at great pricing. Hey Jamie “Fuck You” you know who you are! 2. Ryan Coffey. You motherfucker! Go back downstairs in your mothers’ basement and jerk your tiny dick with your Cheeto dust covered hands and stop crying about $551.89. Are you fucking kidding me? Buy low sell high! You have no business trading crypto or any financial instrument. I hope Ripple fight you in court and at trial and they win court costs against you. 3. On Friday, May 25th, 2018 Team McAfee published the Declaration of Currency Independence currencyindependence.com which is a pledge of solidarity to unite the cryptocurrency movement and community! Everyone please visit the website in the link or search for it on your own. The time has come for us to unite and stand together against tyranny, oppression and slavery. Free yourself! Take the Red Pill bitches!
SLong
by dipdizzywizzle
4