Trade 1 - GNO / BTCHi guys,
I published this idea a week ago but was deleted for post it on another language. The perfect entry would be the bot of the cloud but i think in this zone could work too.
This is a trade of GNO on the BTC pair. I traded this coin in the previous move up and it went really well, so let's try it again.
I'm turning bullish again because there are some things that might point a reversal is near, let me explain:
Bullish scenario on the 1W timeframe:
The price is retesting the bottom of the cloud (a close below it on the 1W timeframe would invalidate this setup).
The price is retesting the 0.786 fib level from the previous move.
In the same level we got a single candle OB which is now a demand zone (it acted as resistance before the previous move up).
Previous bullish Tenkan/Kijun cross that didn't crossed bearish on the way down.
The volume joins all the move, it was ascendent on the way up and it's now descendent on the way down.
Bullish scenario on the 1D timeframe:
RSI bullish divergence in the oversold area (it usually work really well in that area).
Bearish scenario:
On the 1W timeframe we got the price below the Kijun, and in the daily timeframe it looks bad despite the RSI divergence.
As target we got:
A supply cluster.
The -0.236 fib level.
The actual top of the cloud (Edge to Edge Ichimoku strategy).
I'm taking this trade because the R/R is great and i think it will found support on those levels on the weekly timeframe .
A lot of my strategy is based on the knowledge acquired from @HsakaTrades and @CryptoCred on twitter , so go follow them.
GNOBTC trade ideas
GNO / BTC Short OpportunityGNO / BTC Short opportunity based upon long term resistance, trend channels, MA Crosses, FIB Retracement and Overbought RSI. FIB retracement levels and trend line resistance add confluence to historic resistance level. Overbought RSI and dip expected by MA retest increase likelihood further,; hgh R trade and high profit % trade.
GNO - 1983%+ Potential Profits! [FREE TRADING SIGNAL]Pair: GNO/BTC
Exchange: Bittrex
Trade Duration: Long
Risk: Moderate
Introduction
Gnosis (GNO) has been working extremely hard throughout the bear market last year, and has continued to make consistent and thorough updates, something a lot have not accomplished. GNO is currently sitting at -97.26% since it's all time high and we believe that it has the potential to re-visit that level once the market picks back up.
Technical Analysis
- Higher Lows & Higher Highs (Macro/Micro)
- Broke Out Of Descending Triangle
- Bullish RSI
- Bullish Momentum
- Double Bottom
Fundamental Analysis
- Gnosis Still Has $30M In The Bank
- Strong Team (50 Members)
- Worked Consistently Throughout The Bear Market
Our Entry Zone
0.002970 - 0.003515
Our Targets
1: 0.004340
2: 0.006200
3: 0.008000
4: 0.012740
5: 0.020400
6: 0.062100
Our Stop Loss: 0.002380
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Have a great day,
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
GNO is about to break out in a very big wayIf Bitcoin maintains the current bounce, GNO is set to break out in a major way.
3000% Profit Potential Over 1 YearPredictive markets are the next big leap. This is not something you want to miss.
GNOBTC 100% Potential Trade with low risk !!Hello traders, we are looking at GNO 1D chart.
We can see price locked beetween 2 triangles.
MACD give us a buy signal on daily chart. Coin didnt recover yet after BTC fall.
We can see it bounced from double bottom, and waiting to get some volume
and momentum to bull run. It broke EMA50 headed up and EMA100 on day chart already,
EMA50 will bullish cross EMA100 soon. EMA200 is placed about half way before target 3rd and 4th,
in 0.0222 level and it will be a resistance. But I think we will go and test it soon. If we brake it,
target 4 is valid.
Buyzone and targets are on the chart, stoploss 0.0115 recommended. Have some patience to that trade.
If you like my chart and will make money on it, and want to help my education - send me tip,
just feel free to ask for wallet in private message.
I will updates sonn as I will see some movement.
GNO Breaking OutGnosis just broke out of the falling wedge it has been trapped in. From a technical perspective there is huge upside to this coin. I didn't know much about GNO and am no expert on it but it sounds like a good idea. It is essentially a decentralized method of polling. The idea behind this is that polling/predictive companies can exert influence on the results. Decentralization should provide more accurate results.
Target gives 150% profit potential when paired to BTC.
GNO/BTC - 4/3/2018Good Morning, Traders!
Gnosis has been in a constant bearish trend since the beginning of this year. Looking at the Bollinger Bands, it can be seen that the lines have very recently started to straighten a bit, signaling a possible reversal. In the case of the reversal, the resistance level matched with the 23.6% fib retracement serves as a strong resistance and could result in an end to a short bulls movement.
The RSI indicator states that Gnosis has been oversold since the middle of March and could be seen as an opportunity to buy for some traders and see the price move in the bullish direction.
Long-term the momentum has been small bullish fights with an overall bearish result as it follows the trend line. If the price does not reverse from the support level at 0.00%, it can be predicted to continue following the trend line.
Important Resistance Levels: 0.0091, 0.0098
Important Support levels: 0.0074
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
pumpish spikes Those spikes in volume and price are enough on their own to guess what is likely to happen next. But we're looking at $UP on bittrex and $GNO on kraken, and those two obvious market buys happened at the same time on both markets. I don't believe those two projects are in any way related.
Therefore, I sure as shit got me some tickets to pamptown.
Gnosis (GNO) Consolidation Period Over. Breakout to Follow?After reaching an all-time high of nearly 0.15 COINBASE:BTCUSD per BITTREX:GNOBTC back in July of 2017, BITTREX:GNOBTC has been on a downward decline. I've been waiting for BITTREX:GNOBTC to fall below the 0.016 resistance level for a while now. Looking at the chart, it has actually tested this level three times since the start of 2018. We have seen a decent pullback of BITTREX:GNOBTC since the fall of COINBASE:BTCUSD earlier this year, but this chart is telling us it's time to move.
Trading has been pretty quiet this week, with volume several times lower than we saw at the beginning of the year. I believe that we'll test the upper edge of our descending triangle (wedge here) in the next day or two. If we see a breakout above this edge with high MACD and a high daily volume, we'll move up towards the one-week moving average (bright green line). If we do not strongly break this line, I believe that we'll have a downward breakout challenging the long-held 0.016 resistance level. The next few days should determine which direction BITTREX:GNOBTC should go.
As the title shows, I am bullish about BITTREX:GNOBTC because of the decrease in trading volume over the past couple of days. This tells me that sellers are less willing to sell at this current value, and I see that as a critical time for a breakout. We've tested the 0.016 three times before, and the bears were unable to take BITTREX:GNOBTC down then.
I'd like to hear your thoughts on BITTREX:GNOBTC ! Where do you think it's headed after this consolidation period? Are we headed for a bull run or will the bears finally take it below the 0.016 support? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
GNO-BTC - Looking for Long OpportunitiesI am looking to build a bag of Gnosis for holding in 2018. I am bullish on the project for the following:
Fundamental Analysis:
- I believe the predictions market sector will perform well in 2018. I am also planning to build my holdings of REP.
- GNO has been under development since 2015 and has some major roadmap releases in 2018 (gnosis.pm)
- Strong team and fairly active developer community (www.coingecko.com)
Technical Analysis:
- Price is down 85% since the peak in July 2016.
- Price is on an uptrend in 2018 (blue trend line). Up 250% (and down about 25% from 2018 high)
- Dotted black lines show local support and resistance lines. Price could go either way.
- RSI is currently moving sideways on the 50.
- RSI is on an uptrend (rising red trend line)
- Price and RSI have recent lower highs and higher lows so price is likely to decide soon and move up or down!
- Price is below the kumo cloud so will need to test and break through to enable significant upside.
I will be looking to buy if it drops to the lower dotted support OR if price respects the current uptrend and shows volume increase to confirm bulls are in charge.
"Luck is what happens when preparation meets opportunity" Seneca The Younger.
Not investment advice.
Comments always welcome below.
GNOBTC - Extraordinary potential 500-600%.. TRUE GEMAs you can see gnosis had a pretty rough bear market that lasted for months. Then finally started taking off, but was not as successful as other altcoins. So it still has some amazing potential, hopefully it is gonna take advantage of it. Over the last few weeks it calmed down and came back to the trendline, that is holding nicely, and that is important for our trade to be successful. I am definitely buying and looking forward to a true bullish move. Keep in mind that this is a mid-longterm trade! But with a massive upside potential.
BUY: 0.02
TARGET: MOON
(could be as high as 500%+)
DURATION: 1-6 months