The general alt context is the one of a very strong correction. Some major cryptos broke (yet) historical support levels, LTCBTC -4.43% just broke the 0.010 line that supported the price since may. It confirms the Triple top pattern. The trade has, seen the context and the major break, an high probability of success. We well use the maximal amount of money...
Bitcoin finally broke ATH, the 5th wave goes. The price should touch at least two times the red trend line. Trade target at the confluence of the 3rd Wave 1,618 fibonnaci level and longterm red trendline.
#AltAreBack, everybody says it since some weeks, but we still didn't experience any massive multi-alt pump that could really justify it. XRP is the third crypto here and has shown interesting dynamics during the last days. A simple ichimoku setting is shown on the chart. What we look for is a settings and an indicators able to highlight the major trading...
Double time frame analisis, can you see it ? This is a how to. I am not trading that, I have a long term position on Monero. Take here TF1 = D1 , TF2 = H6 You can see on the D1 that the simple ichimoku has taken a lot of care about our (virtual) profits (entries on kumo break out, exit when price reenters kumo) We want : 1. Price > kumo on TF1 (major trend...
The two last days where stormy for the ZECBTC pair, ZEC price broke from the 0,055 level to 0,100. The market is now throwing back to the top of 6 month broken range and 0,618 finonacci level . We look after a possible reentry, H12 simple ichimoku kijun break and a close above the top of the resistance area at 0.80 are taken as references.
Here the fibonacci ratios applied to the time length of bitcoin impulsive and corrective moves. On three of the major last moves, one of the relevant ratios applies to the time of the second major vertical move of the correction. Published as an observation.
A giant fall just after the 3H doubled ichimoku turns all signals green ? So a vertical fall in a context of highly probable bullish continuation. Let's call that a dip, and wait... The green rectangle is a price area of notably higher traded volumes (see volume profiles) the thickest black dotted line is the price level of highest volume is this same area. ...
Give me a pullback to the lower cloudlimit. If yes, then throwback direction the trendline.
We Consolidate since 1 month and it looks like the BTC sideways are ending. Segwit is on the way and whatever will be the outcome, it doesn't seem that the issue will be resolved without serious trouble on the way. For me the market is ready for a GLOBAL bearish correction, and a serious BTC price fall should sign the fact that we really engaged into it. If you...
The corrective rising wedge broke out , scaled in, target up is 3100 + for this pattern for assured profit. Only some USD from ATH breakout for ultimate confirmation, Ichimoku cloud signals positive on each and every timeframe. Since we are on a post-majorcorrection breakout, leverage is maximum. 1.618 Fibo of complete corrective downward retracement and fully...
32 % correction on Coinbase since the top, it is time to start thinking about an end to this drop.
Enter at trenline and 50 RSI level break for a short term pullback, lets see tomorrow what the market looks like for a return to a globaly bullish market.
Looks like we are heading strong to 2100+