


I'm a fan of Monero but this triangle points to a breakdown and possible buying opportunity soon.
Bitcoin will be in a $200 range by end of June between $1135 and $960.
The casino is open 24/7! I'm in for a trade on.....SIACOIN? I think it's next up for a pump. Nothing more than that.
All these coins on one chart give perspective on the run alts have had (and continue to have). I've given up calling a top. Bitcoin is safe to ignore until it breaks $920 or $1040. Bitcoin is going to chop and grind till then. In the meantime the alts are going to momentum trade to the sky...but when the party is over we'll have a REKToning.
With the speculation about the ETF ruling everything I think short term TA is less than reliable HOWEVER I am sharing this as a possible Elliot Wave cycle.
If we move down and back up through $920 with volume this could play out. It's my best case short term scenario for Bitcoin but not the one I think is most likely.
Two places to open long positions. Open 1050 with stop at 1000. Open 920 with a tighter stop at 900. Bitcoin is still volatile but I believe these are reliable support levels that warrant new long positions.
DASH is having it's five minutes of fame. Is DASH a flash in the pan or the real deal? We may find out soon.
We are at resistance that has resulted in substantial drawdowns in the past. Will this time be different? Even if it is still long.
Our barrel here is the Sell and Buy zones. Set your alerts and trade accordingly. Good luck!
Monero is rising in stature among cryptocurrencies. I hold a small position ultra long. This is a scenario where you could take a long with a 4:1 risk / reward.
We're in the pipe, 5 x 5 . Signal is strong. Obeying the 1x1 Gann Angle overall. Expect up to $100 swings but as long as it stays in channel overall nothing to worry about. Horizontal lines represent areas of previous support or resistance. Watch EMA lines to see if sentiment starts to change.
Welp, I believe it's going to do one of two things, go up or go down. :-) One way you can protect or improve your position is to pay attention to Gann lines as Gold has had some fast moves when up against a new Gann line. Best of luck!
This is a Bearish scenario I could see happening. One of my less probable scenarios but still possible. If we break the current channels and other patterns in play this becomes more likely. It will be "despair" after the ATH. A true and proper shakeout. This would make 2017 tough for bulls.
Boring is good. Let's see if we set up a new channel for Bitcoin.
Lots of news to digest. We have a multi year double top vs potential cup and handle, inverse head and shoulders and long term trend. What will win?
Broke FIB and on $100 roll for a quick trade with stop at $94 retracement.