Threshold VOLUME START COMINGThank you for reading our update. Please remember that this is not advice for trading.
T Looks to have a new uptrend volume
The volume have a way that it can come unexpectly
TC
BTC ANALYSIS#BTC UPDATE.
#BTC is has now close above the red box daily resistance area and the red box is currently acting as the strong support.For now it is important for btc to closer above the blue box resistance as well in order to continue upside move ,however,we are still in bear trend as we do not have any reversal signal yet.Trade safe and do not use high leverages.
ETH ANALYSIS#ETH is currently holding the double bottom support at the black box area after breaking below to the ascending triangle as well as the rising wedge pattern,if eth loses the current sup [port we might expect more dump in the price and eth can test the blue box support area .
BTC ANALYSISBTC is currently trading in a rising wedge on 4H TF and is looking for a break down.If btc could not hold the lower band then we might see pullback to the next support level which is the yellow and the blue support level.However upside move is possible if btc bounces back from the yellow support level.
OGN ANALYSIS
#OGN UPDATE.
#OGN ids currently trading in a rising wedge and on losing the support OGN might test the previous support on daily,keep eyes as the move could be sharp.
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE:-ETH was supported by the ascending line (in green) again, and increased investor confidence prevented the price from closing below it. The chart currently shows no notable signs of bullish momentum as the sideways trend continues for a second week.
The first obstacle is to break $1,500. (in red). This resistance results from the descending line (in yellow) and the 100-day moving average line (in white) colliding. If the ETH can clear this hurdle, the path to $2000 will be clearer.
As long as Ethereum trades below $1,500, a retest of the green support is not ruled out. Closing below this level may take the asset to the next support level at $1,000.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
🔥 KuCoin Token Ascending Wedge: Two OptionsSince the massive drop earlier this month, KCS has been trading in an uptrend. Luckily enough, the price is still making higher lows, indicating a strong trend. However, there might be some bearish price action coming our way.
Bullish case: the price reverses from the current support and stays in the pattern. Best case scenario would be a bullish break out in the next week or so.
Bearish case: the current support fails and KCS will fall. Potential target would be $20. Since the ascending wedge occurs during a bearish longer-term trend, the bearish case would be the most likely scenario. However, this is crypto and everything depends on BTC.
Happy trading!
Ethereum (Analysis)On a 4-hour timeframe, the negative trend line is broken, and ETH has a pullback. This point is suitable for short-term entry. The first target is $ 4,150, and the next target is in the $ 4,500 range. For the next targets, Ethereum must break the $ 4,150 resistance. Be sure to use stop-loss in your trades.
ETHBTCthis is the inverse for better visualization. Breakout of falling wedge with retest, the btc pair will fall 30%.
The inverse of ethbtc can be used as a replacement for btc.d, alts are going to suffer.
BCH LONG TRX SHORT LTC BIG CORRECTIOnOk, hope we have all been enjoying the crypto volatility :)
Ok so where next. I will will stick to just the3 bitmex coins since keeps it simple.
Ok so out of those coins i can onl;y see that TRX is worth shorting and BCH and most likely ADA after the first correction btc makes. COINBASE:BCHBTC
I have only done the chart for BCH, but as you can see rsi we make new higher lows and new higher highs, also momentum indicator is finally sitting in the bullish half.
Sounds pretty simple and it is, but bear in mind that i do the TA over 12 times intervals but i just put the 3 day on as i find it best for being able to see the big picture.
So for me i hold positions of long bch and hold short trx. ADA i am waiting for perfect time to buy as i think its got lots of gains ready to be made
Also if you look at the link below at my previous ltc TA you wil seew that i forcast a pretty big drop at about thisd point, the TA has been correct with good accurace so far so i dont see why that would change. Just thoughti would say so ppl can use caution
BITTREX:BCHBTC
Bearish Trend Continuation XAUUSD (Gold) 1HR TFHi guys,
So what we are looking at today is a potential move in Gold for bearish trend continuation, as we have recently seen price action press down into lows of 1193's for where previous level of structure support was retested and respected. However, on the 4HR TF we saw price action break and close below into new lows of 1193's suggesting strong bearish momentum.
I believe following support of 1193's being respected allowing a bullish relief rally to occur that now price action has retracted into previous levels of structure at 1200 - 1208's for where selling pressure could re-enter the market and we could see one final retest of the lows down at 1193's.
Following the bullish retracement into previous levels of structure and more specifically the kill zone of 1202 - 1208, that RSI has gone OB and price action has printed a valid LLLC candlsetick that I am now short in anticipation for one final retest of the most recent lows printed in Gold (1193).
Bearish Trend Continuation AUDCAD 1HR TFHi, guys following the strong bearish momentum recently seen in AUDCAD, we have since seen prices rally down into new structure lows of $9275's. What I am now looking for is a pullback to the upside into previous levels of structure within the region of .9343 - .9397's to get short on the market, in anticipation for one final retest of the of the most recent lows printed by price action down at $9275's.
If, we see price action press up into my suggested kill zone, then I will be looking for RSI to go OB and for price action to print a valid LLLC candlestick to give me that needed disctertion to get short. I will also be using a ATR based stop-loss of 20 pips, above the current OR up at .9397's, therefore at the market price of $9417's.
For targets ones as established will be down at a retest of the lows to see that needed trend continuation move I am expecting to be seen.
Trade with confidence,
Henri.
BITCOIN - BULLS VS THE BEARS! #PART2Bitcoin is currently struggling to hold it's price from its recent rally above the $6,000 mark. We have seen a tremendous price increase since the last market drop with Bitcoin recovering the most compared to the other cryptocurrencies. As we know most of the when Bitcoin price goes up we see a drop in altcoins (Vise-a-versa). I am speculating we may see a short-term drop to phycological levels which can be seen on the graph. However, as time approaches closer to the Segwit2x hard fork people may jump onto Bitcoin in hopes to get some free forked coins, as well as use the network that is going to be more efficient due to quicker transaction times.
Personally, I am waiting to further indications of prices on the 25th (The next fork).
Orange - Resistance.
Purple - Support.
As always trade the lines accordingly.
ETH - 1D - A Move Up In The Next Few DaysIf you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment!
Underlying: ETH
Time frame: 1D
I do not normally trade much of ETH however I am looking to get long for the "longer" term. One of the main reasons I am looking at getting long now is the MACD indicator. More often than not you will see when the averages (EMAs) are about to cross above that centre line, it will do so slowly and then one day it will snap right above it. This is what I believe is going to happen over the next few days.
If you then move your attention to the bollinger bands you will see the centre line (in brown). A lot of the time you will see price touch that centre line and then bounce off of it. I think that this could be a possible scenario and have even extended the upper and lower band to show how I think it will act. You can already see that the upper bollinger band is expanding more than the lower band.
Definitely one to keep an eye on, good luck on this as I am not the most experienced!
After two tests, long entry on TC (for aggressive traders)1 - Sign of strength: Ultra high volume on down bar that close in the middle and the next candle is up
2 - Lack of selling pressure (very low volume on down candle)
3 - Long spread candle on high volume that closes near its highs: effort to rise
4 - Sign of weakness: ultra high volume candle that closes off its highs and the next candle is down. There still are sellers at these prices
5 - Here we have a confirmation of a test but there still is weakness in the background and the next candle is down on increasing volume
6 - Strength comes back: increasing volume with decreasing prices (selling climax). The next candle close at the same level and the following closes up on increasing volume. There must be buying activity here
8 - Test of supply confirmed by next candle
9 - Again. test of supply confirmed
