Tradingcrypto
Ripple Long Trade setup.XRPUSDT Making symmetrical triangle pattern in Daily Time frame.
You can Take a Trade after symmetrical triangle pattern Breakupside
with full bullish volume.
There is a 8% Risk and 15% reward.
The symmetrical triangle is one of three important triangle patterns defined in classical technical analysis. The other two triangles are the bullish ascending triangle pattern and the bearish descending triangle pattern. The symmetrical triangle consists of a simultaneous downtrend and uptrend lines.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
ETHUSD Long Trade setup.ETHUSD In Weekly Chart Look like and cup and handle pattern
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
If you are looking for trade oppurtunity then wait for neckline Breakout with bullish Volume
If you are Risk Taker you can Buy Now with 23% Stop loss, First target at $311 and Seconde $554, or you dont want to take risk then Buy after Neckline brekout.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
BITCOIN - The Long Way To Go!BitOwned here back again with another chart just for you.
The chart is quite self explanatory, small risk-reward ratio, some hidden chart work behind the scenes just to share with you this simple beauty. I like to keep the charts as simple as possible when sharing with you, so you can have a better perspective over the trade entries and targets.
To explain in a few words, I'm waiting for a small pullback to enter long, or simply a strong break and close above the resistance line at $10150 to consider entering from there.
We have broken the trendline established from 20-July and I'm currently expecting to go higher. There's a retracement level successfully retested at $9500 that I've been calling since 12-July. Since that has been fulfilled and we broke above in a quite bullish way, I expect my 1st target and potentially the 2nd target to be met very soon.
Enjoy trading everyone and make sure to join our community at BitOwned. (com) and share your thoughts in the comments.
@bitowned (Instagram, Twitter & YouTube)
A clear uptrend pattern on BTC but risk remains highBTC has been breaking all key levels and it's on its way back to the 20k price reached last year, we must remember though that it is still extremely risky to trade it. On the chart you can see how a pennant pattern has formed on BTC, I have been seeing this pattern a lot on cryptos. By measuring the drop, we are able to place out target price which stands at 15.000.
The TP is placed and the SL stands around the highly traded price (12.400).
ps. The indicator below is the Relative Volatility Index, it shows us how much volatility does a certain product have, quite similar to the ATR
Bitcoing is breaking all key level, and now what?As we can see illustrated in the chart below, Bitcoin currently has overcome the very strong 10k resistance, this means that the next one is around 12,000. Okay so now we are halfway between the two key levels and we see a pennant forming (triangular bullish formation), measuring the flag pole (13.2%) we can predict that after breaking the resistance of the formation, the price will raise the minimum of 13.2% this would mean that it will exceed the resistance of the 12k and will continue in a strong uptrend.
In the analysis you can find:
- Target points of the two bullish operations
- A short tutorial on how to use pennants in a bullish period
- Complete BTC market cap
- A big view of the BTC price
Will ETH outperform BNB during the coming hours/days?Hello traders,
We are back with a new interesting trade! Yesterday was a very profitable day because BNB reacted as expected. It went down and we scalped some longs along the way down.
This time we don't trade BNB against tether. Instead, we will use the BNB/ETH pair!
We think that ETH can outperform BNB with +- 9% so we will switch some BNB to ETH and buy it back around 0.0967.
Happy trading!
Resistance becomes Support? Or wait for retrace?
We have been in the process of forming this symmetrical triangle for almost 3 months now. Many call it a Bear Pennant but according to traditional pennant rules, it can't be longer than ~ 3 weeks. Though this is crypto, but it should be faster moving if you want to use that argument.
In either case, I have been tracking this downtrend line since Christmas when we got rejected the first time and it held up again, but this time we broke through it and it seems as though we have gone and tested it for support and it held. I closed my long you can see on the chart (little blue arrows) in a good profit at 3815 (It was a leveraged trade. I am taking all my profit in BTC from 2019 onwards). Normally one would wait for a retracement to the 0.382 or 0.5 Fib lines before entering but I am curious to see how this support holds up. We had a relatively long consolidation the month before, so it is possible for the momentum to continue here. But I am still waiting before entering any leveraged positions.
Longs vs. Shorts data has been interesting too. There is a decline in both overall, but the difference between Longs and Shorts have been shrinking in favour of the Short-side.
ibb.co
What that tells me is there are more people closing their longs than shorts. It also suggests that a decent portion of those not closed yet are underwater and could get stopped out or liquidated in another push up. All will be interesting to watch :D
BITCOIN CHART $BTC $USD BITMEX:XBT
NICE PUMP BUT DONT LET YOUR EMOTIONS WIN, AND DONT LET THE NOISE CONVINCE YOU THIS IS THE BULL RUN EVERYONE IS EXPECTING.
WE ARE INSIDE OF A MASSIVE FALLING WEDGE, IF WE HOLD THE WHITE CHANNEL AND TRADE SIDEWAYS WE CAN THINK ABOUT GOING FOR THE $4,200 RESISTANCE, IF THERE IS LACK OF VOLUME AND BEARS PUSH THE PRICE DOWN, THE YELLOW THENDLINE MUST TO HOLD, IF NOT, SEE YOU LATER..
-NEXT RESISTANCES $3,800/$4,200
-MAIN SUPPORT TO WATCH IS $3,500
-IF WE BREAK DOWN $3,100/$2,800/$1,900
AT LEAST 9% TO 30% GAIN ON $MFT, ALSO SOME FUNDAMENTALS AHEAD.BINANCE:MFTBTC
ON THE CUP FORMATION MAY REACH IF FOLLOWS THE .786 AND .618 RETRACEMENT.
SOME FUNDAMENTALS AHEAD LIKE COINBASE LISTING AND MAINET, KEEP AN EYE ON THE TRENDLINES.
DOUBLE BOTTOM RISING BOTTOM $ARK $BTC BINANCE:ARKBTC
WE'VE GOT A DOUBLE BOTTOM RISING BOTTOM SCENARIO GIVING US THE SIGNAL TO BE STARTING AN UPTREND ON ARK WITH GUPPY´S ON THE DAILY TF SPREADING OUT AND AIMING TO REACH A NICE 70% PROFIT OVERTIME.
*NOT FINANCIAL ADVICE #DYOR
XLM Machine Learning 'Buy' Signal Bolstered by $125mm Airdrop
Stellar Lumens ( KRAKEN:XLMUSD ) has seen strong gains so far in November, generating month-to-date returns of 21.8%. Although the general cryptocurrency market has performed well in November, XLM’s success can be primarily contributed to Blockchain.com’s announcement that it will airdrop USD$125 million worth of XLM into Blockchain wallet holders’ accounts who sign up for the airdrop. While the amount to be airdropped in each wallet has not been confirmed, Blockchain.com is promoting the airdrop as the largest consumer giveaway ever and the largest cryptocurrency airdrop ever.
Blockchain.com selected Stellar to conduct this large-scale airdrop because it is “built for scalability” and has “an active and growing ecosystem”. The airdrop of roughly 500 million XLM, which represents ~2.64% of the coin’s total supply, could further contribute to Stellar’s already active and growing ecosystem -- in a decentralized application (DApp) platform like Stellar, active users are critical to driving value in the ecosystem’s underlying coin. Blockchain.com wallet holders that receive XLM in the upcoming airdrop are required to sign up for the event, meaning these individuals are likely users that have an interest in Stellar -- there is a strong probability that some of these users will begin using Stellar on a regular basis as a result of their newly received XLM. There is a risk, however, that users to receive XLM in the airdrop will immediately sell the tokens in order to realize profits. If a significant number of users in the airdrop sell their tokens upon receiving them, downward pressure will be put on the value of XLM.
On a technical basis, XLM looks fairly solid. XLM has continued to set higher-lows since falling to USD$0.18200/token on September 11th, 2018. XLM is also beginning to see consolidation in its moving averages, indicating that a large price move may soon come.
Quantamize’s AI Machine Learning 3-Day Crypto Signal for XLM is “Buy” and maintains an accuracy score 67.35%.
How are you playing XLM as we move through the end of 2018? Comment below and let us know what you think!
$OMG Short Term and Mid Term Gains Idea. Whale Incoming...The trade that match with my criteria, one of them at the moment is OMG!
You can see the indicators at the moment are so tempting, plus, OMG haven't have it's return to bounce, so it could be it's time soon as the chart looks bottomed out for days now.
If you wanted to play, I already put short term targets on white line and mid term target on Yellow.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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Blockchaindedi Rules:
#1 Always obey tradingview.com house rules
#2 Always read the description
#3 Don't spam on the comment section
#4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after
#5 My opinions are not financial advice, follow it at your own will and your own risk
#6 Together, let's build a better community on this platform
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BTCUSD is making flag!Hello my Crypto friends!
Last BTCUSD -0.27% -2.13% analysis is working perfect. Take a look, and hit the like/follow button!
Today we are taking a look on BTCUSD -0.27% , but at 1h timeframe COINBASE:BTCUSD -0.32% . As you can see BTC -0.27% broke the trend and now it's making perfect. Wait for breakout, confirmation and only then take that trade. We are really getting nice opportunity for buy, don't miss it!
REMEMBER: We are only interested in the buy!
So, please don't jump in buy to early, patience is the key!
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
EOS , 2 different look in LOG & Linear scale!Hi my friends,
It's my first analyse on EOS here and honestly, it have some important differences with other alts chart and BTC.
Firs of all this not meaning that BTC don't influence on it but as you see other alts chart you can see similar triangle and clear bear market in them but in EOS we have a big upward channel that have swings in it that influenced by BTC moves.
Second thing that is important is if you look at EOS log scale chart you see a downward channel that started from $23, but in linear chart it's more like a bullish wedge than a parallel channel.look at it :
If we want to consider log scale ,so we are in downward channel yet and couldn't break it yet,Actually we just touch its roof.in this stage again BTC can push it anywhere and EOS have not any announcement plan or new launch in calendar to help it pass this area.
As you can see in main chart of this idea we had a bullish wedge in RED that helped EOS reach here.
In indicators like RSI and MACD we have good signs now and we are above ichimoku cloud too.In EMA we can see EOS above EMA50 and EMA200 show reaction as a resistance in chart and EOS just touch it.
What another thing that show itself obvious in log scale is a potential iH&S that is in head forming stage now and that is't much reliable now.It's again up too BTC that what will happen but movement like chart bellow is likely.
In other hand and linear chart we had a bullish wedge instead of normal channel,i mentioned before.We bounce and broke this wedge already and we are in stage to test it as a support now.
As you see in linear that iH&S is less obvious and we have something like a cup here that can't be a cup and candle pattern and if is,it's a odd one.look at it:
After all i need to say that i am not really EOS trader or fan and need to dominate more on it,but i share all i find there,please give it a like if you like it and leave a comment for me to know your opinions and EOS market,better.
Good Luck
Peyman A
Again, Lovely ADAHi Guys,
After a successful iH&S in BTC we have Alts that start to celebrate that achievement.As you remember my last Cardano Analyse i mentioned there that ADA show us much more strength and power than other Alts and even BTC,for example we had ETH that came back to its downward channel during BTC last retrace and forming Shoulder,but in ADA we saw it moved along its downward channel and did not entered it,again.
Now we are above ADA important resistance again(dashed red line).
I expected ADA to reach black dashed line first with next BTC bounce to 7800 and after that we will see a little retrace in it and continue like black arrows.
If zoom out in chart and look at lower time frames can see a bearish wedge(chart above) there that prove ADA next move,but it is still evolving.
It's up too BTC that what want to do after reached that area.If BTC take much time below its resistance we will see movements in ADA more like blue arrows.In many cases i don't expect to break black dashed line in ADA soon,it's a huge ADA triangle that we have it for a long time and need much efforts to break it but like always many things can change in Alts chart's by BTC next movements.
I will update this idea as soon as i find new signs.Please give me a like if my analyse help you or like it.Help me now your opinion with leaving a comment bellow.
Good Luck
Peyman A
ETH, I want to see this resistance broken!Hi
In last ETH analyse i predicted its moves correctly but again like always ETH show us that BTC have much influence on it.During BTC retrace and shoulder forming we saw that ETH came back to downward channel by bearish wedge that it formed.
What is important now is that last bounce of BTC can't help ETH to break this resistance i draw in chart with blue dashed line.Now its 4th time that this resistance stop ETH to continue.
I don't want to be negative but if BTC show a little weakness i pretty sure that we will repeat blue circle in chart again and maybe we drop to red line around $453,too.But it's not reliable now,first we need to see what BTC want to do.
So i end this analyse now and don't enter details in it,i don't want to BTC ruin my expectations on it again and wait for this resistance to break and after that talk about it clearly.Honestly this time i did not trade in ETH and i just monitor it for many my co-workers and friends here.
Good Luck
#TRX im bullish, target 788sat for meHi all. Here its a bit of my TRX Chart.
I'm still optimistic about TRX now as we still get closer to the launch date. :)
MACD and RSI look good on a daily chart. As you can see at the chart, the price testing support around 600, which is fiblevel 61.80 from the big pump back on the 16\1-18. If we follow the pitchfork and the fib`s in it, we can see that 600sat also act as support for 38.20 fiblevel on the fibchanel indicator. That indicating that we are still bullish and if we can follow the trend here are my targets.
My entry: 600sat
1.target: 644 6%
2.target: 720 20%
3.target: 792 32%
Stoploss: 580 for me.
Please comment as I am new to this and to the communtiy,
Do not take any choices based on my chart, as I'm still new and learning myself.
$btcusd update$btcusd what I have foreseen happened, that is from 10.500 to 11.700 and down again, under 11k. now as you see we are at a crucial stage. the next candle on 4h (in 22minute about) will be decisive, as next daily candle... bounce will be here at 10,500 I think. i try to open long here at 10.500$ with low money and leverage, there is some dip risk this time. pray for bounce. the next 4h candle is really important.
Ethereum Classic, ETC/ETH Broke Out of TriangleEthereum Classic, ETC/ETH on Binance just broke out of its (long) Triangle. Consolidated a while and found good support at 35.000, which was previous resistance as well.
On the hourly chart, you can see that the indicators are from its lows and curling up now. Volume is picking up and ETC/ETH is also above the 12 and 50 emas.
With the coming fork and airdrop, Ethereum Classic could be ready for another run. So are you ready to trade it? If so, here are the instructions:
Entry: 36.815
Profit: 41.250
Stop: 36.095
RR: 6 (risk 2% to make 12%)
Since this is a day trade, you can take profits quicker and partially if you prefer.
Please like and share if you found this informative and helpful. Leave a comment if you have any questions.
And good luck trading!
