Small H&S TopWhat do you think about this possibility?
Small H&S being formed on BTCUSD with a
target of 6200?
TOP-6
Alts Bull Run Loading...Based on XRP market cycle, Bull Run is quite near. One last fall to between 5080-5350 seems to be the beginning of "the sunny days".
My assumption is based on how first bear market ended (at the support of first bull run peak). So I think we will find a strong support at second bull run's first peak, which is 5080 sats.
7.4k target reached. 4.7k and 3.5k target nextAs forcasted here :
and here:
We have reached 7.4k and based on elastic theory we should retrace to prev fib ext. (6.8k region) level of 1.6. Then a retest high of 7.4k might happen to create a double top similar to 12k in February 2018. Thus, consolidating for 2 weeks before heading to our next target of 4.7k and 3.5k.
why 7.4k-7.5k region is the top:
- 0.6-0.65 fib retrace region similar to 12k in feb.
- log trend resistance
- general volume decline
- liquidity low.
why 4.7k and 3.5k as next targets:
- 7th wave has not been completed (personal theory)
- tradewar caused and will cause investor fear and so risky assets will be less ideal.
- next crypto cycle
- 1.6 ext. fib at 3.5k (a daily close)
note: 7.4k horizontal region have only bee striken with full volume and liquidity. Therefore, in order for us to see 7.8k or beyond, we would need heavy volume and built up liquidity to strike higher. This seems unforeseeable as 1) liquidity has been used, 2) general market volume is still on decline. Keep an eye on 23rd/weekly close for some bull hopium if any.
Stay Sharp
@AresTrade
BTC/USD live or not live ?chances for life of each of the movements are very large! and most likely any of those analyzes will not work in these areas, since hamsters will randomly merge and buy, the exact movement will be drawn after the game includes large games with their bots that will begin to trade volumes
And Remember when in the news many say that you need to sell and the bubble burst, you will need to buy, just like it was in the price area of 20,000 when everyone said that bitcoin is the time to buy and then regret!
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
Calling the top on SPX - Recession coming?Classic signs of a market top
- Low volume while making new highs
- Widespread optimism
- Huge selling day to trigger new downtrend
- 2nd consecutive lower high (1st in February, 2nd confirmed recently)
BTC/USD__ 3 steps of cyclicityBITFINEX:BTCUSD Looking at the graph in more detail you can see a certain cyclicality, the correction goes to three steps, each of the last steps is almost 50% less than the previous one, which means that the price of $ 6000 is inevitable, and for whale reasons and even lower, since most traders exhibit stops a little below this offer, so why not take their money? But it is also very likely that this 3-cycle will be the last before the stabilization of the market for crypto-currencies, the only question is how much it will be squandered, and many whale purses at the beginning of this month were devastated, which means that there will be a rebound below 6500-6800 within the limits of these prices they bought
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
Will this 4th Top hold?TSLA jumped up at an incredible rate. 12% in just a few days of trading.
This is quite outstanding if we factor in the fact that the company fired quite some people to keep up with costs and the fact that it never hit a profit in its entire lifespan.
Now, this is definitely a puzzling company for me. I find it crazy that a company with such financials is still traded at 350$/share, just a few bucks away from its ATH.
I think that now we are close to a turning point. The price is approaching the same level that has been rejected 3 times (triple top) during the last months.
360$ proved to be quite a psycological barrier to break hence I would expect a reversal at this point. Anyway, the hype around such a company mess up probabilities.
***Not a trading advice, merely my idea for educational and informational purposes only***
BTC/USD the last chance...BTC This week should be very eventful, in terms of news, and different events for the whales to do their job! At the moment I see two ways: first, it's still an bull trap, in which they raise the price and take away the money from the impatient ... the second, this movement under the formed resistance line to the $6900 - $6700 mark, where the battle of those who think this last mark before flight to the moon and those who are right in that we go below)
By the way, about the painful, many of the top 15, expose to 5-10 ideas per day, and through time change their mind about the movement of the market ... and it seems that they just guess which one of the ideas will go, and then they will scream about what they are exact ... it would be interesting if only one idea could be exhibited a week, how many of these tops would remain on top?
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
BottomFinder Indicator May Litecoin trades.With only 1 unprofitable trade for the entire month. Stop wasting your time and satoshies on bad entry/exit timing.
As you can see BottomFinder caught the huge early May pump and was still able to make solid profits riding the dump as well!
A weak bottom signal was just generated on the one hour timeframe, so a further drop maybe in store short term. In the next few days the price should rebound 2-5% just wait for the top finding signal to let you know when to exit!
Like, Follow & send a PM for trial access. 5 Trial spots now open as of 3:15PM EST 5-31-18
TRX: Hail maryAnother potential opportunity today with another Mainnet launch. This is my scenario if it dumps. Could have massive upside potential. Yes I know I used an impluse wave to show my double top. Relax!
LTCUSD finish him...The moment of truth has come! LTCUSD near its strongest support! + is the moment of the decoupling of the triangle, respectively, according to all laws of trading must be repulsed and fly up ... but should it be?
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
BTCUSD start futures at 21.05 it means "down trend"?JP Morgan president Daniel Pinto, who could be in line to succeed Jamie Dimon, confirmed bank was “looking into” #Bitcoin saying #crypto “will play a role” in the future & that $JPM is able to trade $BTC futures but has not yet opted to do so.
Far cry from “Bitcoin is a fraud”
starting futures implies a drop in the market to lower levels, is it good? definitely yes! the market needs fire, a fight is needed that will push the price up, but before that the market needs to cool down as much as possible! now there is a very low interest of buyers, because there is always the possibility of two outcomes, descending to the bottom investors with a new fire in the chapters start investing in the market! + to the fact that the economic market is approaching its peak, which means another crisis is possible, which can play into the hands of the crypto currency, as large investors will want to transfer their assets!
Many people say, that the market capitalization has fallen, I'll tell you that these scam projects have disappeared from view and it was a bloated part of the capitalization.
To conclude this educational post, I will explain you what is the market? Or better to ask you what is the market cap? Current market cap is $ 405 billion. Do you really believe that there is $ 405 billion in crypto?
No, the answer is no! There is no $ 405 billion in crypto but less! Why?
I will give you an example that will prove you everything!
I launch my own coin that has 1 trillion coins in total supply and I have not got all of them so circulating supply is equal to total supply. I pay a few. I did not go through the ICO so all the coins are in my wallet. I put a sell order at $ 1 and I tell my friend to buy at that price! Just one coin. Question for you? What will be the price on the market cap? Price will be $ 1. What will be the market for this coin? The market cap will be price * ciruclating supply = $ 1 trillion. Do I have $ 1 trillion in this coin? Absolutelly not! But I have coins with estimated value of $ 1 trillion but if I start selling them someone will buy 1 coin for $ 0.0000001 and I will be holding coins that are worth few bucks! I hope you got the point!
The price does not represent the value of coin. So, 1 buyer can change price let's say 1 cent. If coin has one of the trillion, it means that 1 buyer can change the market cap for $ 10 billion?!? Tell me if that is real?
Ethereum - ETH Technical analysis 18th May 2018 In this video i want to show my point of view on the Ethereum (ETH/USD) chart :
Reasons why im looking at it :
- We are at a "Market Top"
- Uptrending trendline at market top
- Small RSI divergence
- Market structure
We have to hold the key supports to stay "safe" , if we dont hold these lows we will probably get and retracement , back to the 500 dollar area.
This would be a similiar retracement as the BTC retracement that we are currently seeing.
STOCK TRADES MAY 15TH ARE YOU SCARED OF TRADING REVERSALS?Ever wanted to know how to trade market tops and bottoms?
If so drop a comment below.
Meoh Short Trade- Stop 71.30 Entry 68.55 Target 1 63.05 2:1 Target 2 60.3 Target 3 optional trail
Short setup is forming as market retest range highs
www.tradingview.com
NBIX- ENTRY 90.92 SL 95.01 T1 86.92 rr 2:1 T2 77.01 rr3:4
Short setup is forming as market retest range highs
www.tradingview.com
TROW ENTRY ON OPEN 117.30 STOP 120.30 TARGET 114.30 rr 2:1 TARGET 2 106.30 rr 3.66
short setup is forming as market retest range highs
www.tradingview.com
BTCUSD what to expect from the marketAs expected the BTC does not manage to find support on the identified area.. which means we're pbly about to close the week at the low, and below the previous week low... which means that bears have now restored their trend... breaking 8300 will be a signal to get to more leveraged position.
Now I expect the descent to the zone 7800-7500, after which a small rebound to the level of 8300 or movement within the zone and descent to the last support level of 6000-5800, which means that the second bottom is played and the market can start moving upwards! This is my vision of the situation ... what I see now from the analysis of other traders is that people criticize erroneous ideas, what I want to say is that all those analyzes in the crypto currency came from the Wall Street where large companies play by these rules because that market is in adjustable zone! because the Crypto currency is very volatile and not adjustable, here the pace is set by the large players "whales" who spit on your technical analysis! if they need to be purchased by 3000 and the schedule will be this contradiction, then they will just make so that you will remain with nothing ....
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
Seems bearish. Looks like retracement back to under 69.Seems bearish. Looks like retracement back to under 69.
Potential Double Topbest to be extra cautious here....people started taking profits all across the alt market just now lots of alts dipped...meanwhile BTC has stalled out at an exact double top...it may just be catching its breath but we need to pay close attention here if it cant get above this point a double top may have occured which could lead to a significant fall...Hopeflly it's just catching its breath and cooling off its rsi, mac d m and stochrsi levels though
BTC local bottom reached, looking upwardsThis is my personal opinion by looking at the trends, downtrend (month ago) and uptrend (now), I can see that we have hit the local bottom already just like we hit 6500-6600 few weeks back.
I can see that the first circle/ellipse that I made (during downtrend), is going to be turned upside down (because its an uptrend)
Mostly every other TA is telling that we are going downwards however I feel that creates a FUD..
In current scenario, I don't think we are going down even if not going up a lot higher than what we already did. In short term, we are going to try and touch 10k again... look for it.
EURUSD: Top Formation: more weakness in store post counter-rallyEURUSD
As DXY goes up so this pair falls, sliding down a pair of
competing parallels towards the 1.2027 line and probably to
the 1.1915 line by mid May.
But in very near term it's already touching the lower parallels
and is likely to push back as high as the upper parallels at
very best on the attempted counter rally from here. Continue
to sell rallies until the downside target is met.
For confirmation of the next down-wave from here DXY has to
break above 91.95 and thereby force this pair lower still to
1.2027 and then to 1.1915.
Please see DXY comment for further detail/confirmation signals
