Oasis in the desert Market is about to correct (that's my guess), but check out this stock. I think is very close to a major break out. I have a large position here, not sure if it's going to do it soon but I'll wait patiently.
Skyrocksignals
Potential Inverse HS - Early entryLooks that is forming an inverse HS. Is probably going to take a few more weeks to play out but the risk and reward y great at current price. Be careful, is a very volatile stock.
Silver To skyrocketHey Guys,
Banks are realizing bonds arent the safety they thought and need to diversify has shown in a big way with the yields decline, metals bulling and DXY rising. I expect silver to possibly have another leg down with any major panic we might have but once we are past the panic gold and silver will bull just like 2009-2012 and the 80s. Above is the larger picture of silver targets to keep in mind.
I'm riding this onePrice is testing a strong support and at same time is oversold. Last time this happened it skyrocket. I'm opening a small position and if it closes the week above the 100 level I'll add.
Did it bottom?Top chart weekly, bottom chart monthly. See the pattern? The monthly timeframe shows the price has been trading in oversold territory for 5 months, last time that happened the price blew up. I'm opening a small long position on Monday if a see the price trying to break the resistance I'll add.
SKYBTC: Double Bottom Confirm need to Wait for Next wave.SKYBTC: Double Bottom Confirm need to Wait for Next wave.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
SKY Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
#BITCOIN - BTC/USD - NARROW MOVE - ON BIG RESISTANCE
What's next for Bitcoin?
#BTC/USD Technical Analysis
The BTC/USD surpassed the 50-day Simple Moving Average which was at around $6,600, a perfect confluence with a former resistance level. It capped the digital coin earlier in the month. The Relative Strength Index (RSI) turned positive and only Momentum is slightly negative.
Price just hit U$6,800, as we predicted for subscribers, obtaining 4% profit.
Further above, $6,850 provides another support to allow the $7,000 range, that could be next. The early September peak of $7,400 could be next, if market decides to go up.
Below the first cushion at $6,500, the next level of support is only $6,200 which was a stubborn floor back in August. It is closely followed by the swing low of $6,100 seen earlier in the week and then by the round number of $6,000 which held the pair in early August. $5,800 is next.
The Forecast Poll of experts shows a bearish bias in the short term, a neutral one later on, and a bullish one in the long term. Forecasts for the short and medium term have remained stable while long-term forecasts enjoyed an upgrade.
Altcoins had an even better week, with Ripple rallying quite hard. The moves may be described as a "risk-on" sentiment, whereas investors are more interested in riskier assets than in safer ones.
During the week, the BTC/USD suffered a flash crash to $6,100, blamed on a hack to a Japanese crypto-exchange. The news became public long days after the event and raised suspicion.
The SEC delayed yet another ETF request that was due by September 21st. That did not stop blockchain-based coins to rally. Nevertheless, they could get another boost if mainstream funds enter the crypto-sphere via the mainstream instrument.
To understand more about ETF's check out our website. (below the article)
The upcoming week will likely see more excitement. As Ripple may consolidate its gains and even suffer a sharp correction, Bitcoin could extend its gradual increases. Any news on technological developments will likely support the BTC/USD while regulatory setbacks or hacks may bring it down.
Currently we see price standing on a big support as shown on the chart.
We will keep monitoring the many different aspects of this difficult market.
Good Luck and Good Profit
Why is it so difficult to Trade BTC? What is next? 8% up last Hello followers,
There was a big drop on BTC, but volume started to pick up, and market decided that it was ready to go Long.
It is always very dangerous and difficult to trade on Cryptocurrency and Bitcoin, but there are signs of changes, and on good thing to look is the market flow.
On Aug. 11 we posted a go long chart, to subscribers, because we could se a big move up on BTC, and so far, they are on 8% profit.
Now, market could make a great move up, but we have to monitor what is going to happen in between.
There are some factors that could happen that could take price down hard. So, what's next?
Be careful next days, and be careful.
Good Luck and Good profit.
SKY ROCKET Or Box Formation? 46% $$$ -LESS 30 DAYS- What Now?Hi Followers and Friends,
I hope you ARE with Big Profit on your Wallet $$$, riding the waves like a pro. We could see the big wave coming when almost no one could believe.
We did see it and believed in it, so we could be at the right place when the wave came.
Congratulations Followers!!
So far, 42% profit could be very easy with my predictions.
If the price hits our final target $8,500 you could be getting 46% Profit in less than 30 days.
Again, Against 99% of Trading View the chart is almost 100% complete.
The Moving Water is a Unique System that is here to stay, and is proving to be consistent, more than 90% Accurate, Working on SHORT and LONG TRADES.
It is about understanding the market flow, not following a rigid method, or rigid trading graphic forms. I believe market is not rigid, but has a flow like the water, and that is why I named my analysis The Moving Water.
I wanted to quit my boring job and start to live from Real Trading, so it is all about hard working.
What Now?
Will ETF Be Approved? Will BTC Skyrocket or Retrace from here?
Again, Thank you for Trusting and Following,
Moving Water
Chart from Jun 26: $ 8,500 target.
Chart from Jun 24: $ 5,800 , $ 6,515, $ 6,771.
BITBBTC Bullish XABCD patternWe detected a bullish XABCD pattern. The price should go to the upper edge of the formation and then fall back to the 0.00000225 level. When it consolidates there it will reach our second target. Indicators confirms this scenario, a nice chance to conduct a profitable short term deal.
NBTBTC Bearish XABCD patternBearish Butterfly was formed and the price should go dip to the support zone mentioned on the chart. Stoch RSI confirms trend reversal. If the price manages to consolidate in the tested support zone, there will be a bounce from it to the upper point of XABCD.
ZCLBTC reversed H&S patternThe coin with a great Fundamental basis (BTC fork with privacy) moreover it has a good technical status: Moving average (30,50,200), Bull&Bear indicator and Momentum (10) indicate growth. Stoch RSI was oversold so there was a trend reversal and currently reversed H&S pattern is forming. This will bring a new wave of growth in the short term.
SNGLSBTC Cup&HandleThe price entered ichi cloud, it broke the strong resistance and moved out of descending channel. Cup and handle pattern confirms the scenario we recommend this coin in the mid term
STEEMBTC Trend reversalTaking into account all technical indicators and fundamental basis we conclude that the price should dip a bit more closer to the Fib 0.618 support level. Then there should be a trend reversal and a good short and mid term growth. Overall global correction of STEEM price is about to finish.
SALTBTC Cup&HadleA nice cup from Cup&Handle pattern is formed. Overall the coin is pretty bullish right now we expect significant price increase
BTCUSDT returned to the triangle due to low volumeA huge volume growth moved the price till the upper edge of the Triangle. Then the price broke through it and passed 0.618 Fib resistance line however then volume reduced significantly and the price went down breaking the ascending channel down. As we can see there are 2 options now. The price can go to the upper edge from the current point as Stoch RSI is very oversold or it can go to the next support level of Fib 0.786 and bounce from there. All trade again are super risky as BTC is preparing for the next bull run.
STRATBTC Cup&Handle FormationWe detected the Cup&Handle formation. Technical indicators are still bearish. Nevertheless this coin has a great fundamental basis. Moreover, the price is above Ichi cloud and Stoch RSI is in oversold zone. We recommend this coin in the short term.
ETHUSDT Price is below ichi cloud and goes to the support levelWe carefully track ETH since its dump to $580. Our analysts team thinks that the price will head to the Fib 0.618 level from which there will be a rebound to the upper edge of the triangle. There are two reasons for this scenario. Firstly Ichimoku cloud is now a strong resistance for the price upward movement that is why it should consolidate a bit more to break through it. This is also explained by Stoch RSI oversold status. Secondly, the market still need time to recover before next wave of top coins growth. However ETH is the 2nd generation coin and it has a very strong fundamental basis comparing to NEO. So there should be a significant growth in the long term. Nevertheless we can not predict what will happen when EOS come out.
ADABTC Cup&Handle returned the price to the channelThe price returned to the channel because of Cup and Handle was formed we expect a break out of it soon, as fundamentals of this coin are great and technical indicators Williams Percent Range (14), Commodity Channel Index (20) and Hull Moving Average (9) confirm this. Buy in suggested range and sell 70% at the first target. Risk is medium due to possibility of BTC price sharp rise.
BTC Sine line price movementBTC price movement may copy sine line. Technical analysis (Triangle pattern) and Fundamental analysis (a lot of good news about adoption and regulation of BTC) confirms this scenario. However, BTC price falls dramatically each January and recovers from mid of February till April. Currently situation is pretty bad as the price went below Fib 0.786 support level and is under the ichi cloud, Stoch RSI is in an overbought state. It seems that it follows pessimistic scenario from the previous analysis. Do not panic and wait till April. To sell before April is senseless. Moreover we expect an entering of institutional investors to the market. It is about time for BTC to recover we are sure in it.
