Hey guys, Top here. This is a re-post of my idea because the last one got hidden. I believe I posted it in the spanish section by mistake. I believe that the price action will remain in the pennant until squeezed. When squeezed I believe the price will move up to the next resistance level (1.71ish). If not it'll fall through the support and retest the 200EMA for...
I would love to hear everyone's thoughts on this idea I'm publishing. Whether you agree with me or not and the reasons why! If there's anything I've missed or anything that you can add on please let me know. One thing to note is that we are in a downtrend and BTC has lost it's crypto dominance. Don't trade against a trend, you will likely lose money betting...
Hey guys Top here, This is my prediction based on my technical analysis. Please, if you enjoy my technical analysis or find it helpful give me a follow, a like, or a comment. I would love to hear the opinions of others as well. Goodluck! Things to keep in mind: Kucoin is an exchange coin. Top 100 crypto coin. 1 billion market cap give or take the flux of 100...
Hey guys! A little background on myself, i used to trade forex for roughly 3 years from ages 16-19 through highschool. I use price action trading strategies to set my buy ins and sell outs. I favor bull trading more than shorting. I got into crypto-currency trading but that doesn't satisfy me as much as forex does! It's great to be back and trading through meta...
Taking a look at USDBTC history; i see that every year on this date the currency takes a major retracement. (Usually a 0.786 retracement) Right now BTC is almost at the end of this retracement. The first target for BTC will hit 8600-9000 and start back on its way. The second would be 7k or so, and then will slowly go up (2-4months). Don't get fuded by the masked man
In my opinion Ripple at the place it's at could go up to a new all time high completing a successful retracement. But there is a high chance that it will continue retracing to another support level. (what i think will most likely happen) Before i would get into the trade i would have a look at how the last 2 4h bars close. If by any chance XRP were to keep falling...
From my TA, i think i see a continuing pattern with XVG. There are reoccurring wedge patterns, every elliptical i put in is either a wedge that has broken out or a wedge waiting to break out. The Fibonacci's are more or less all in the same place as the resistances. At the moment if this candle retraces and ends under the resistance line, there may be a...
In my opinion i believe XRP is looking to break out. At 10AM EST today there was a large pump and dump on XRP. They were trying to breakout into a ATH, however they put ripple in a wedge. The money flow is looking to correct itself with a retrace, and if it does the eclipse would be a perfect buy in point! I'm 100% sure that XRP will burst upwards.
Btc/usd is about to turn into a bullish market in my opinion. The retracements are getting shorter and shorter. Right now it's inbetween a wedge horizontal support, and diagonal resistance. If we manage to breakout we could see a huge downtrend break into a reversal. Mcafee is also trying to hype bitcoin in his recent tweet. ( twitter.com ) If not we plunge to...
XRP is caught in a wedge, i'm certain that the price will breakout upwards and not downwards. My thinking behind this is because XRP is said to be listed in Coinbase 1/8/2018 (Probably Sooner because Coinbase is filled with cucks) Also, the diagonal support matches up with a support level, if it does happen to hit around the elliptical i would buy. There is also a...
I believe that NEO will break through the resistance wedge and follow up onto another top. If by chance that doesn't happen it will hit the horizontal support line i marked and bounce off. There haven't been too many news updates regarding NEO, so i believe that the market cap is getting weaker. I don't know if you would be interested in trading this...
Xrp is following the same retracement pattern to breakout into a new high. For instance, the first retracement after it hit a new high fell through one support level then broke into a new high. Now we are seeing the same pattern repeat itself, this time it broke through two levels of support, and is now on track to making a new high. Depending if the candle closes...
XEM is the #8 on coinmarketcap, recently just passing Monero! Japan has recently just started to implement this crypto currency. I see a wedge pattern, with a high probability of a breakout to a new high. Recently we have been seeing newer highs as the days close by, in my opinion it is just a matter of time before it breaks off into a newer high. You could go for...
I believe Iota is in the middle of a wedge, if it can't break resistance it will fall through the support level to the critical retracement level. In my opinion, it will break the resistance because of the trend line, also Iota has over $11billion market cap. However, if it happens to not break and falls through a good buy in time would be on the critical...
From the last bar we can see that it is trying to break through the resistance level. Vitalik Buterin Tried to stir up the pot by tweeting that OMG was his favorite trading currency, this caused a little pump as we can see in the last bar. He is trying to break the resistance, however it might not happen. At the moment OMG is caught up in diagonal resistance,...
I believe that BTCD will see a huge increase, it is almost undersold and it's not at the end of the channel. In my opinion, i expect btcd to stay in the current trading channel and break out later on. I feel this is still a work in progress and will not break the trading channel until a lot of ups and downs! Only time will tell, this is looking like a good buy...
I believe the next bounce will happen on the diagonal support, around $11,900. This is speculation based on past history of BTCUSD. Price analysis. If it breaks through the minor support levels, then the critical support level will catch it around $9,800. I'm not sure how high the break will be, however i feel these are great times to get into a trade with BTC.
well first off, the first drop of the market from 7,500 to 6,000. Now it went from 11,500 to 8,700. When you look at the stochastic of the trend it still hasn't been broken. This is just speculation. Although there are 3 negative candles in a row, so the 4th or 5th should be a positive candle. I'm not sure if it will keep dropping.