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Sideways

Intraday OpportunityHello buddies, Last prediction is reached. Let's see today forecast. Today my algo shows the daily target is within 6,855-6,858 level, which is already reached by today's transactions. Market may be in sideways mood. The activity range could be between 6660-ish level to 6890-ish level. There is a possibility that market could reach 6,916-ish level. Hit:Miss ratio is 48:52, which is not promising. However, the accuracy for being higher then the opening price is around 80%. The market is in temporal long. Have a nice day.
BITFINEX:BTCUSDLong
by agiprasetiadi
BTC -INVERSE BART SIMPSON HEAD AT PLAYOn my last chart i gave you that Pennant, that i commented meant nothing. It broke down in the beginning but bounced upwards after, manipulation is at play. So TA is incredibly hard to get accurate at the moment... As for now, Inverse Bart head on the 2h Will we create his neck line? Doesn't seem likely , 6900 has been a resistance for BTC as of recently. Bulls tried several times, and volume is low. Maybe while i sleep some new Bulls will break it. If not we shouldn't have much of a drop so not to worry. Sorry about the bland chart btw, i don't feel comfortable making a call on BTC recently because it isn't following most TA rules. If you see the top authors they are mostly wrong, a few times being right.
COINBASE:BTCUSD
by tokeylokey66
1
long term closing triangleRemoved many in-analysis parameters & indicators for provide clear vision to readers. Here is the long term lines on both ways. Blue line comes from 25 May 2017 . it is on 7500 $ level. strong support level. If down more, have red line comes from July 2017. it is on 7000 $ level currently. buying around support levels and sell at orange level can be useful. If it will down below red line, stop loss can save life. this triangle will be close latest at 17 April and will have new trend. Watch and see.
BITFINEX:BTCUSD
by SnowUnderSun
ALT SEASON OR BTC BULL RUN?They say people only see what they want to believe, that markets exist to make fools of the overly hopeful... Well, half of the crowd is calling for an alt season, and the other half for a new BTC all time high. IMO both groups are jumping the gun as we are still in a downtrend! In order for either to occur BTC needs to enter a sideways accumulation phase first. On the log 1D I see a clear uptrend & downtrend, based on which I can assume we will narrowly escape this downward spiral in mid-April and have ourselves an alt-season. Why not a BTC bull run? Simple - we can't start another BTC run-up until we consolidate, and historically we see that when BTC consolidates, alts flourish! BTC has yet to move sideways whereas many alts have been bottomed out for months already. Of course, neither alt nor BTC can flourish with the low volume we're having lately - we need a newfound public optimism in the cryptosphere to proceed. Furthermore, for 2018 to be the biggest year for crypto yet, we will need institutional money to enter as well, which we all know is waiting for the green light from regulators. With most of the FUD from this past quarter exhausted, & though its contradictory to my opening sentence, I feel HOPEFUL for the remainder of 2018 :). Just my thoughts, happy trading!
BITFINEX:BTCUSD
by AspiringPro
1
LITECOIN - Jack in the box! Just be patient.LTC looking for a break we have now been in a downward trend for a few days, we are now in accumulation within the red channel the longer we are here the bigger the break. I will not be trading LTC until we confirm a breakout it could be days, weeks but once we close above the red line on top of channel its a buy. Current resistance is the 20 day EMA at .0186 RSI needs to break redline and hold above as the first signal to then monitor for the break and candle to close over the red line. I will not buy until a candle closes over the top of .0186 If your holding LTC expect some sideways action I would personally exit and renter later to not have funds tied up dead. Earn and learn people!
by RealCashCannon
1
Trading in channel, sideways until we break high...TRST is currently going sideways but the RSI showing signs of a positive divergence and high probability we will break the channel high. You can profit from this until we see the break buy the red line sell the green line. Only sell the green line when you have see that you have a downward bar maybe go down to hourly candles for this. If we break the top green line hold but set stop loss on the green bar. Easy trade 2-5% profit per day, safe trade, slow trade boring for some to me profit is profit I will take it.
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by RealCashCannon
Litecoin Short Term TA Day 16Happy monday everyone. Litecoin hasn't been to exciting the last few days. We have been closing in a newly formed pennant (green trend lines). We still have a few days before that closes in, so I expect us to continue moving sideways bouncing off both the support and resistance. This could of course change any moment as you know with cryptos. Currently, we are trying to maintain our short term support of our current bullish pattern. The Stoch Rsi is suggesting a bounce off the support as expected, but lets see if it can hold up. If we want to continue this trend, we will need to get past the $216 mark. That is where our main resistance is and breaking that will break our current pennant that I mentioned earlier. Personally, I expect us to bounce off it, but you never know... If we do break our current short term support, our next main support will be in the upper $200's. I don't expect us to go any lower than $206 unless the volume increases and there is a sell off. I apologize that I have not posted any new updated TA's last week. I have been busy with mid terms and just now caught a break. It worked out though because LTC has pretty much only been moving sideways and nothing to crazy has happened. If we break our main resistance or support, I will update this. Otherwise, I expect us to continue moving sideways. Check out my previous day TA'S in the related ideas section and please like/follow if you would like to stay updated with my daily TA's. Have a great guys
BITFINEX:LTCUSD
by whatsinthecupsir
ETHUSD: What Ethereum doing? Breakout, but When?The ETH did not move much the past few days. The market move sideways and we see the classic example of balance between buyer and sellers. None of them takes initiative to move the price. It is the area where previous bears and bulls take their profits and new traders are not stepping in, because they not sure what is going to happen next. Patience is the key in this type of situations. The best approach here is to wait the price to move and then enter at the breakout.
COINBASE:ETHUSD
by Art_of_Trading
Sideways movement still prevailsBTCUSD is still fluctuating around the red dashed downtrend line. This sideward movement will probably continue until BTCUSD touches the blue curve again and reflects upwards. There is a quadruple support (blue circle) that will keep BTCUSD above the blue curve: 1. Support level S1 at 10029. 2. Support level 10128. 3. The blue curve. 4. The blue, thin, dotted downtrend line. Alternative scenario: If BTCUSD breaks the blue curve, the old target 5511 comes into play again. However, it will be very unlikely that the blue curve will let go. Pivot point is at 10547. As the above-described scenario will happen below Pivot point, a bearish touch will be added to the described scenario.
BITFINEX:BTCUSD
by luckyhelper
1
BITCOIN: CRUCIAL HOURS!The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and the R.S.I. that is a sign of weakness of the price. If the support at 10,000 USD of the lateralization area was broken down, a further retracement at about 9,800 USD might happen.
BITFINEX:BTCUSD
by CryptoSphere_TC
The Rules of Bitcoin. The art of hodling Bitcoin and USD.Whats up? Welcome to this consistent update analysis on Bitcoin based on our beautiful Fibonacci Retractment Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC appear to love 0.236 fib, 0.5 fib, 0.786 fib. Additional rules of trend line (pink, dotted red, dotted blue, dotted red) act as a Support and Resistance and will nullify Fibonnaci Retractment Levels in some timeframe. It is unwise to do trades with emotions (FOMO and FUD) near those rules. I personally add 15% of my crypto net worth into Bitcoin and USD on those rules, regardless of its volatility behaviour. If you fail to set aside your emotions, look at those rules and treat those rules as Support and Resistance . Always secure small profit and set a tight stop-loss, in volatile market, conservative wins, always. **Indicator constantly fails Bitcoin . Name it, MACD , RSI , BB, EMA (12, 26, 50, 100, 200), SMMA (7). It gives you false signal. Some of you feel the market is highly manipulated, and it is. Bot are not in favor in this market, at all. Case: A bot was created with the intention to get a 100% profitability, and it was achieved on 7-day timestamp Backtest environment. However, do you know what happen within the next days? It was starting to lose money. **Bitcoin market cap is 173 billion USD as we speak. However, the market behaviour somehow it's not correlated with its volatility behaviour. It is speculated that the actual market cap isn't 173 billion USD, far from that number, which turns out to be true will justify its volatility behaviour. **It is unwise to decide a Top or Bottom when the Volume is below Volume Average as some of you may call for reversal because of Bullish Divergence RSI MACD and trend line break out on the 1hr chart at Feb 23th, 10:00 GMT+7 (It's gone, don't bother to check it). **This information is not a recommendation to buy or sell.
BITFINEX:BTCUSD
by bigLITTLE
2