GiverOfTheDKeep in mind that btc is very unpredictable, just sharing ideas.
The 6th idea was not mine!
TA
2018 Monthy Momentum Triple BottomChart says it all. What happens after the triple bottom will be very telling as to what kind of second half of the year we are going to have. Hold on to your hats.
BCN - Bull Pennant / Strong FA - BUY SIGNAL Bull pennant formed, breakout pending. Resting on strong historic support. Strong fundamentals - roadmap update, hard fork and testnet all due before the 10th of July.
BCN
BUY: 100-110
SELL:
118
130
148
200
Stop loss:
190
Here is a look at the historic support -
LTC Price MovementI’m just playing around with different scenarios! Market is what it is and it’s the weekend, so I’m setting up buying opps. Unless we really tank to 2018 lows, this will be my last big buy. I’ll sit back and watch what happens. Of course I’ll chip away here and there, but I will not be focused on day to day price movement!
CADJPY | Possible entry for SHORT @ 86.00SHORT setup for the Canadian and Yen pair. Economic reports suggest that the Yen may gain strength over the Canadian Dollar later today. If so, this will support the TA suggesting a ranging pair moving downwards.
Wait for a good entry point! Confirm that price is not breaking out of the channel. Best entry would be to call a fakeout early.
BTC/USD Technical analysis May 18th A lot of people are watching the bitcoin chart right now. Its also very "nice" to look at with very nice technicals .
Here are my reasons for me to watch it :
- 3 impulsive waves
-Valid Trendline ( 3 touches )
- Nearing 7.8k support
Important to know : Right now we have no bullish entries the key area to watch is 7.8k.
We have to see what happens there.
For now thats all if anything new happens ill keep you updated if you want more just watch the video ! :)
The Fiber | Downtrend finally bending?After weeks of power from the US bulls, it seems that they're finally running out of steam.
Could we now be witnessing the turn of the bearish trend? Or do the US-backers still have some strength left in them for one final push down to the 1.17000 support line?
LOOM/BTC TriangleLOOM/BTC is looking triggered af.
It's entire existence on Binance has resulted in a symmetrical triangle.
A break at the apex with an entry at 62 sats with a 20% price target would be ideal.
Storm Brewing Before a Bullish Catalyst Consensus 2018. A catalyst filled with rumors, hype, news, and demand. Sideliners fill finally pull the trigger, word will spread, there is no stopping the cryptocurrency train. We actually had tons of strong news about Crypto and Bitcoin lately that is bullish.
I will be looking for price action buy signals near my blue horizontals. Will ride the trend up to my orange lines and see if we can break that 10k barrier.
Trade will be nullified if we break the lower 7000s and ruin the bullish bias from April.
Hang tight and lets see where this year will take us.
BLZ/BTC Strong Uptrend and BUY opportunity!Always look BUY opportunity when You have uptrend and always look sell opportunity when You are in a downtrend (more to forex then crypto but still..)
At the moment fundamentally strong coin BLZ/BTC shows us good BUY opportunity:
1. Strong channel upwards
2. Resistance becomes a support
3. Supported with 100EMA
4. Possible W formation (double bottom) chart pattern on a trendline
Good Luck!
Oversold Bounce Incoming4h Chart is at 20 RSI. Historically bitcoin hasn't went below 20 RSI since 2016 so chances of a bounce are pretty good. Good short term play.
Happy Trading :)
AION forecast and TAAION fell to 0.786 level of fibo. it's very young coin, so it's not clear how Elliot's waves work for it.
but it bounced from RSI support, that's pretty good.
AION team will speak at Consensus 2018 and present some projects of theirs.
Also, listings are possibly coming soon.
resistance levels are marked due to previous movements and fibo
NEO USD looking goodNEO currently is at 73 USD, I think there is enough space to profit till 82 USD.
First of all , NEO looking very bullish much like all market atm,but I don't trust too much so ill adjust my stoploss as I go and would lock profits at around 82 which is where the price ill hit the downtrend line. This hit could lead to a drop of the price and that is why im securing my profits at 82.
NEO has still a lot of room to go and breaking that trend line would lead to a massive bullish market, so I advise you to keep close eyes on the market.
Also watching our fib retraimento we can see that price formed a resistance at the bottom of the 0.786 fib this means we can potentially bounce up to atleast 0.618 .
EURUSD_Will the trend continue?_Good trades ahead. U.S. Dollar is moving up after finding new strength in Americas political scene. This pushes all XXX/USD pairs down. Our indicators have been firing shorts on EURUSD for the past two weeks. A major level was breached at 1.21500 and price literally hasn't looked back.
This is one of the strongest trends forex markets have seen in awhile. Be prepared for continued USD strength and thus short EURUSD and long USD/XXX pairs such as our favorite USDJPY. The thing is we don't just jump in to pullbacks because our level has been met. We wait for rejection and verification or major sell signals such as pin bars, shooting stars and engulfing candles.
The hourly shows a decent trade outline that I plan on trading if conditions are met. Entries and exits will be posted...
Disclaimer - If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
Litecoin current chart 5/8 bullish and bearish scenariosI think Litecoin is obviously due for a breakout. But it could also fall back down to $145 if it doesn't retain this momentum
BTC SHORT - BEARISH DAILY MACD CROSSBitcoins daily MACD has just crossed bearish. I've observed bearish divergence in the RSI on several time frames for the last week. I'm calling short here. 10k proved to be formidable resistance. It seems that all bullish momentum has been lost for now and the bears are beginning to take control.
XLM short term tradeBullish divergence on the hourly chart MACD and RSI.
Support from trend line at 4200 Sats
Entry 4200-4400
Stop-Loss below 4000
Short term profit targets
T1: 4900
T2: 5200
Long-Term Cup and handle pattern. However, I see a bearish divergence on the MACD and RSI so be careful in the long term.
This is my trade follow at your own risk!
BTC/USD - BITCOIN testing Resistance!My view of trading BTC the following days.
Also have a look at possible bullruns of LTC and ETH.
Just invest what your willing to loose.
Peace out!
- Monsi
LTC/USD binance TAHi guys and traders
my advice:
if u ar goin to invest on LTC please wait now. i'm warning u to pay attention on RSI and Price.
so. buy LTC 5 - 3 days later
Good luck :)
BTC Is In Trouble - 8700 a likely scenarioNot much to say here - BTC is having trouble getting out ahead of the bear trend/200MA day after day. The chop isn't a good sign, the volume is still too low, and there frankly hasn't been enough pain/shake out over the last five months.
Without a breakout above 9300 ish (probably closer to 9500 with some force, really) the price will drop into the 8700 area once again, then to 7800 following that - I'd even go as far as to say that 6800 USD is in play, if not likely. Safe buyig zone (NOT ACTUAL ADVICE) around 7800, major fiat ins around 6800, averaging down if the price continues to drop.
Worth mentioning that summer is not typically kind to traditional markets - so buckle up.
are you losing sight of the MACRO? whales cracked!do you really think whales look at the 1m 5m 15m charts?
lets look at the macro picture here
the green triangle is a TYPICAL whale consolidation triangle
1. look at the volume boxes representing whale movement which align perfectly with the edges of the triangle
2. whales are tricky and do opposite of what most people think
3. they BUY when there is FEAR in the market... when MOST people were calling 6k/5k scenarios (death cross bla bla bla) they BOUGHT!
4. they SELL when there is HOPE in the market... when MOST people are OPTIMISTIC (like now somewhat!) even if u dont agree with this... please SET A STOP LOSS!!!!
now to support my TA
a. while path is most probable
b. breakout can occur of this triangle but whales will consolidate out this triangle IMO (thinner arrows)
c. thicker arrows are MORE probable scenarios.
d. watch out for huge volumes which usually always confirms WHALE movement
i put a lot of effort into this TA
please leave me a like
it means a lot to me and cost you nothing
thank you :D
