STRAT heading towards heavy resistance zone STRATBTC Log-scale
Previous support becomes resistance and vice versa.
Heavy resistance in the red zone which was tested multiple times in the past.
STRAT needs to break that resistance which will be a big deal IMO.
Zones
Bitcoin important ZONES, is it a TRAP? Hello guys,
This post will be very brief.
I wanna you to focus on 3 important zones.
1. Bearish
2. Neutral
3. Bullish
We are actually still in zone #1. This downtrend started in Dec 17. at 20,089 USD high. If we will break this downtrend line it is a positive sight for long term investors.
After breaking this trendline we will make it to zone #2 where we will most probably see BTC heating up and preparing for the biggest bull run of all time.
When we reach zone #3 it is clearly that BTC will moon. 20k target is realistic.
My feeling about BTC in this time:
From the start I was sure this is a bullish trap and we will break it to 5,5k low where will start the bull run, but after todays pump I am not so sure. It´s really hard to predict BTC nowdays so be careful. If you have not opened position I do not recommend you to trade it. Good luck guys.
BTW: Look for IOTA, showing strength again.
XVG Wave 4 to 5680 and 630 is the bounce zone for XVG to start it's wave up to 5.
Wave 3 had pretty exact a move up of 1.6 on fib. Wave 4 can't retrace in zone 1 area, therefore I will stack lower than 680 and expect a bounce from 660-630
~ 1230 is the target for wave 5
Input and feedback always appreciated
ethereum classic ETCUSD 1d
Looks very nice position to buy, but be careful, because of so many indicators display continuing downtrend. Have some active zones, if we'll show positive movements. Now price's left the normal demand zone. We have'nt seen the super profit in ETC, crowd believe in this and expect. Are you?
EURUSD - Possible Scenario - SELLEURUSD has reached a major resistance level at 1.24382 price level. it had consolidated for almost 2 days showing countless rejections when price tried to go bullish then price had dropped down to the 1.23313 support price level. Price had started to go bearish however it went back up for a retest , I'm hoping that price would go down towards the 1.22284 Support level!
Mar 12 - Bitcoin resistance levels & buy/sell zonesHard to predict anything, but again, we might still have some way down to go.
Good
- More Mt. Gox sell-offs seem to be suspended for the time being.
- Binance successfully and properly dealt with the phising-attack using their user's API-keys. No funds were lost and illegitimate trades were reversed.
Bad
- SEC requiring Registration for US Cryptocurrency Exchanges.
- Ongoing uncertainties regarding Tether .
Mar 08 - Bitcoin resistance levels & buy/sell zones- Trends show we are reaching an oversold situation
- Segwit adoption reached 30% and Lightning Network shows growth
however:
- SEC requiring Registration for US Cryptocurrency Exchanges
- Uncertainty due to Tokyo Mt. Gox trustee whale
- Ongoing uncertainties regarding Tether
Hard to predict anything, but we might still have some way down to go.
EVERYONES VIEW ON BITCOIN IS BULLISH, SO IS MINE FOR NOWWWWWelcome to DailyCryptoWatch!
Where we share our thoughts & ideas of the market to the public for FREE in hope of making those who FOLLOW us real Money.
BITCOIN is finally coming up to a nice setup...
Waiting for the break of structure (Red Zone) to the upside with a retest to jump in.
Hopefully this shoots up to the moon *Biased*
But then again, I just trade what the market gives me - bullish or bearish - Using proper risk management & trying to catch PROFITS.
Strictly technical analysis here.
As always, use proper Risk Management.
@DailyCryptoWatchlist
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Happy Trading!
ETHEREUM's DOWNFALL IS COMING TO AN ENDWelcome to DailyCryptoWatch!
Where we share our thoughts & ideas of the market to the public for FREE in hope of making those who FOLLOW us real Money.
ETH/USD Trade
Wait for a break of structure, then a market retracement to the trendline/support zone - to complete a HH (Higher High) indicating an trend reversal.
Strictly technical analysis here.
As always, use proper Risk Management.
@DailyCryptoWatchlist
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Happy Trading!
The long-awaited SPY correction is hereThe SPY finally had its long-awaited correction with a 2.12 percent drop last Friday (see www.reuters.com).
In this graph, both the yolk and white are based on short and mid term support and resistance levels. I'm expecting the price to travel along the yolk, breaking out through A , and finally breaking through B . In both scenarios I'm expecting a sideways/bearish movement for the next days.
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"Letting losses run is the most serious mistake made by most investors." - William O’Neil
EUR/USD SHORT! & probably LONG in near future.After false breakout at 04.01.2018 in D1 - that was a second try at 1,2090 to go up! - but at last instrument can't breakup level 1,21 ...I think we have now correction.
If quotation will break down EMA 20 depreciation could be faster.
EURUSD could fall down to "red circle" regio. Ther is 100% trend based fibo extension & DZ from D1 & TL (bull channel bottom range)
& from that moment we should consider 2 scenarios:
1. If EURUSD will break this level down - this will be not a simple correction & we've got here probably a new bearish trend. But of course check up next DZ's on the way down.
2. If EURUSD will bounce up in this regio it could be time to next attack on 1,21 ( but for now this is less possible IMO)... and check next SZ on the way up.
Jan 5 - Bitcoin resistance levels & buy/sell zones (short term)!! Happy new year everyone !!
*wishes everyone the best for 2018*
We can see a potential weak upward trend/channel forming... Some gains from alts will likely be flowing back into Bitcoin 5.36% as well.
The yellow zones are potential zones for buy or sell actions, depending on your sentiment.
DISCLAIMER: Just an enthusiast's/amateur's prospective on Bitcoin's near future and by no means professional advice!