Warning
WARNING! STOP BUYING BITCOIN! AND ALT COINS! SELL EVERYTHING! If you take look at this monthly chart. There is a huge Doji following a sell signal on BITCOIN chart. Get out! If your scalping for profits then Ok I guess. Wait until BITCOIN come down to $1000-$1100 then buy up everything. Do you think a bank would buy in the middle of a selling trend. NO. Buy lowest average price and sell high. You have been warned. Wait for atleast four or more bullish candles in a row on the bottom beginning leg. Then look for long term entry. Bearish Bank by one bull on monthly. See for yourself. You have been warned! lol
Adding to my shorts from March. The South African Constitution will be amended to steal land from farmers. The place is going to go downhill fast. Expect Prices in the Mid teens when this all ends.
BTC Perfect Bearish Pennant - Watch for breakoutReally worrying perfect bearish pennant threatening to break down. Be vigilant. Huge spike of DGD also suggests shorting sentiment. I'm waiting till the last second to start shorting positions :(
BINANCE:BTCUSDT
APRN the little stock that couldAPRN went up as expected double digit gains were made!, Personally I would feel better if it goes down more before I buy back because it's a bit extended at this point but yeah this is a gainzta! WARNING Avoid if you don't want to many gains! bullish af
ETH ... a good indicator for BTC drops?Hello team!
So, something I've watched for a while ... ETH, and I have a hypothesis. It does a great job telling us when a BTC drop is incoming. Check out this chart. I'd say in all instances except maybe one, the drops defined gave us advanced warning. The purple dashed lines mark the start of the ETH drop and compare that to when BTC drops. There is a definite lag. That lag actually represents several hours of warning before the BTC drop happens.
Something to keep in mind when you're trading ... keep a watchful eye on ETH. If it seems to be holding steady, probably all is okay ... but if it shows weakness, start watching BTC like a hawk!
Remember only a fool relies on one potential outcome!
Do not make financial decisions based on this information. For educational purposes only.
Elliot Wave Armageddon Building up on Elliott Wave Techmology study, this is the candle pattern from MtGox collapse pointing new lows.
Although a W.4 is expected to normally retrace 0.5 and move sideways, W.2 retraced for more than one year and the start of W.1 isn't determinable to secure that 0.786 retrace. In this case by following Elliott rules, W.4 should be a sharp wave, retracing 0.618+ respecting as a rule, in the final analysis, only W.1-top, MtGoxTimeHigh.
Also institutional traders looking to join the market for the first time would not loose the opportunity to shakeout the not-so-new money out of market. It is imperative for a institutional campaign to get price levels on September Trade Zone, prior to global media publicity, so they will Accumulate much much more.
XVG WARNINGCuidado con Verge si bien tiene muchos fundamentales que juegan a su favor esta testeando la resistencia de 0.1 y tiene indicadores que dan sobre venta. Un posible escenario seria una corrección hasta los 0.07 para volver a tomar impulso alcista o bien otro escenario seria la ruptura de esa resistencia para seguir con el envión alcista hasta los 0.13 aproximadamente.
ADBE is very parabolic!It's remarkable how parabolic Adobe is. How long can this keep going on?
Is a correction in store? Or can Adobe keep flying to the moon?
ETC Ethereum Classic Manipulated by WHALES WARNINGWhales are setting big Low Buy Walls and keep pulling down Panic sellers who create their own doom by creating Sell limits close to the price in turn creating clogs and sell walls that wont let the price move up. If only if Sellers knew the best thing to do is create High Sell Limits.
Example: the price is dropping to 333000, then set the damn Set limit to 360000. Everybody doing it at the same time to should nullify the magnetic pull down aka Panic..
Anyway the overall trend is down after a Bulkowski Flat Elliot Wave 335. Google it.
THIS IS WHAT YOU DO NEXT TIME WHALES WANT YOUR PESOS FOR THE CHEAP..... EVERYBODY MUST DO IT!!!!
OR JUST GIVE THEM YOUR MONEY AND LEAVE!
Redd Coin (RDD) BUYER BEWARE!! DO NOT BUY!RDD/BTC
You may have seen this in the past when the order and sell books fill up either side with large orders.
If you enter into this coin you won't be able to sell out unless you lose 1 sat per coin you hold.
The books have been loaded and you will be trapped this is on Bittrex.
This is a warning to all traders check buy and sell books before you buy!
Make sure to Follow Dollars and Senses as we are here to look out for you!
Secret resistance spotted BTC!! Bulls beware!The first red line is the obvious resistance....
Bulls should beware the red box. Secret resistance is there !! The bears that sell here will be aiming for a NEW LOW
First Trade Idea...FUN 300% Profit PotentialWarning! First trade idea published...ever...by a rookie....albeit a confident rookie (aren't we all?). I'll admit I got sucked into the CryptoCraze in December and made many foolish mistakes during the huge bull market. We all know things have come crashing back to reality but I have a new found respect for the market and have found an incredible interest in learning the art of TA. This strategy was borrowed from the Trade Empowered folks trade plan. Incredible teachers of TA with hours upon hours of free content. If you're new to the game and don't know where to start I highly recommend checking them out.
Look forward to tracking my ideas on here. More of a personal blog at the moment. Please don't be silly and follow them until I know what I'm doing.
To the experts on here that may stumble across this post...THANK YOU! I have spent a great deal of time analyzing your ideas and trying to figure out how your minds work. Any feedback you have for me is welcomed. Even a "Hey, this idea isn't total crap!" would make my day! But seriously...thank you for what you do.
To the other newbie traders...WARNING! You will not earn 300% on this trade overnight. I scoured the web for days trying to get rich over night. It just doesn't work like that. I am still a newbie but have dedicated myself to learning this skill the right way.
This is a risky trade. Stop will be about 50% of my investment but one I'm willing to take the way the charts are setting up. Could take a bit of time to develop as we're on the daily here but the retracements fit nicely. If you have questions...comment...and I will do my best to explain the ins and outs of this trade as others have done for me.
Note: If price point drops below our buy in range targets must drop accordingly. If T1 hits move stops up to original buy in and enjoy risk free trading from there on out.
Stop: .00000145
Buy In: .00000332 - .00000360
Target 1: .00000730
Target 2: .00000980
I repeat...FIRST...PUBLISHED...IDEA...EVER. EVERRRRRRRR. Like, comment, dismiss all together...you decide. I'd love to hear some thoughts/opinions. Just don't be a jerk about it. Mkay? Thanks.
Happy Trading :)
This is it! - finally! - Entering bearmarket SP500After the Shoulder-Head-Shoulder formation, SP500 fired a hit 'n' run candle, which was quickly dismissed.
After that, 2 attempts where made to recover, only to be rejected near shoulder level.
This time, it hit the vertical neckline once, and it'll problably hit i twice before being rejected again.
.......and history will repeat it self, and the pattern and method will be the same as back in june 2015
where the bullmarket should have ended (before Trump got in the way).
BHN, 05-09-2017
Bitcoin: Warning Signs On My RadarAs many other traders I am asking myself whether Bitcoin is ready to explore new uncharted price territories or if we are currently witnessing the second major top in Bitcoin prices.
First, I want to emphasize that at current I don't see much evidence on higher time frames that the market is ready to turn south anytime soon. However given the fact that we are trading at (or near) the all-time high I feel that some extra caution is warranted. So these are some warning signs on my radar that I am currently paying attention to:
(1) The long term rising trendline. Ever since the trend changed in August 2015, price respected the trendline charted in purple. I am expecting this trendline to hold for the foreseeable future. I would interpret a break of the trendline as a strong warning sign that the market is ready to turn its direction once more.
(2) Looking at the CNY markets I see a pattern that could turn into a head and shoulders. You can also see the pattern in the USD markets if you squint hard enough, but it seems much clearer to me looking at BTCCNY charts. (The head even seems to be made of a smaller H&S.) I want to see this pattern to dissolve into a more complex correction, especially given the fact that it has the potential to break the trendline should it play out.
(3) Zooming in into (4-)hourly timeframe on Bitstamp, I see price action that I could easily label as as an impulsive five-wave move to the downside. This is followed by a move up that I would classify as corrective. (Note the fading momentum/bearish divergence on the ROC indicator.) While I don't regularly use Elliott waves in my trading, I tend to pay attention when I see a clear wave pattern such as this one. Here again, I don't want to see another impulse wave to unfold and the trendline to be broken.
Trade with care,
NtW
STELLAR WITH FULL TA PATTERNS AND A IMPORTANT WARNING !!!To everybody:
The chart I think does not need much explanation.
On my first chart of this coin I took the time to see his full story, his white paper, his roadmap and his behavior. In the second I made a chart to see its possible trend.
I found that it was forming an upward triangle, within which the price was handled correctly until after a doji, there was a sale to the zero level of fibonacci in poloniex in one candle.
Maybe not Us, but for me this kind of behavior, attentive to the transparency, the health of the market and above all to the trust deposited in the people, with which I feel guilty making charts that finish in this mess.
Because with money and people's trust u can not played.
Thanks for your time!
Stock Market Prediction [Important] This bubble is about to pop sooner or later, everyone needs to prepare! Low interest rates for years have created this bubble and it's about to pop so get out of the market and get into gold before it's to late!
Use common sense, thanks!
Reaffirming short from Dec 20, more trouble ahead for BTCAs I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway following this slight recovery. The one and two day MACDs have still not bottomed out; and worst of all, the 1week and 2week MACDs are looking like they've peaked. This would be their first downward movements since Aug/Sept when we were at 1500CNY/235USD. The StochRSI at 1week is showing its first downward cross since the early Nov. drop as well I would NOT take this lightly.
I'm still optimistic in the medium-term and I'd be very surprised if prices got anywhere near that low, but January could get really cold, really fast. If you are still in BTC I would have your alarms set and be ready to trade or at least hedge with a put option or two. If you are out, just don't get back in too quickly, it can be tempting to see the 2-hour MACD/RSI going positive and panic-buy, but I'd advise against it. 1 day indicators should be able to show us the way when it is time to return.
The oil price prognosisI think that oil price will be drop down I am building this prognosis from fundamental base and breaking financial news. My chart show us that oil price have ending dynamic downtrend and this very dangerous for opening short position.
