Pit Stop Before Next Leg UpCryptomarket is down overall, XMY continues to show signs of strength with the potential to move much higher with a fresh push higher in the cryptomarkets.
2018
This product will rise while world crashesThe work of an investor today need to be to search bullish financial products in recessions
Due to recession will be a bank system bank-rupt, there are not products with such quality as the ones who do the opposite moovements of bank system, and bank system is global economy
You can see in PROSHARES SHORT FINANCIAL how its price moove in the opposite direction comparing it to global most important indexes, and also you can see how in 2007-2008 recession, while the world was crashing, PROSHARTES SHORT FINANCIAL was incredible bullish.
And the important aspect is that this product had more value than indexes when 2007-08 recession happened, and that is what we think from Intcomm that happen in next 5 years, ProShares S.F will value more than global indexes.
Recession can start from 2018 to 2022. We are 100% sure that will happen in this period, specifically, we think will start next year. This product is an EXCELENT money protection and profit investment for those who want to create wealth in crisis.
Have a nice investment day.
Have a nice investment day.
LTC in 2018Futures coming into BTC at the end of 2017 is going to be a tough finish for the alt sector. Looking at the 1 day trend for LTC we see a trend emerging that LTC could make it's next big move in the early months of 2018 as BTC starts to level out a little.
While BTC is pushing pull out of alts and buy in at a low when you see BTC RSI starting to trend back below 70% - this will be your best opportunity to swap trade out of BTC into LTC and HODL.
Bitcoin price next 12 month... AKA Journey to THE MOON!This analysis is based on adding 1% of the total $7.6 trillion bank notes every 3 months for the next 12 months to the Bitcoin Market Cap.
We currently have only 2.6% of the bank notes invested in Bitcoin. So based on this assumption by end 2019 we will have only 8% of it moving to Bitcoin (Fair assumption, right?)
Best cryptocurrency to invest in 2018?!Is Ripple going to be the next crypto to break out? If we don't look at the chart I think Ripple has huge potential. Why? After some research you can clearly see that it's not there to replicate Bitcoin, it has an own purpose. Read about it on their webiste: ripple.com
Now back to the chart. A beautifull symmetrical triangle shows us huge opportunities to break out soon. If it doesn't happen as predicted in this chart, it will bounce back to the support line and try again... I will publish another chart where I keep track of the breakout. To keep up to date you can follow me.
For now I'm just curious what you think?
2018: The Year of Monero?2017 was the year of Bitcoin – but will 2018 be the year of Monero?
While 2017 has undoubtedly been the year of Bitcoin, with prices skyrocketing tens of thousands of dollars, 2018 may have different surprises in store. What really made 2017 important for Bitcoin, is that it became a household name. Instead of being a niche, nerdy technology, it became something that grandparents texted their kids about asking how to get involved.
2018 will absolutely bring more name recognition and price rockets for Bitcoin. However, Bitcoin may not be the biggest winner. Monero may see huge gains, both in price and adoption, as Bitcoin continues to face centralization issues and high fees.
Monero, founded in 2014, prides itself on being the most private, decentralized currency on the market. It is currently listed 8th by market cap, at about 3,800,000,000 USD. Its price is about $250 at the time of writing.
Monero treats privacy as the most important factor for a successful cryptocurrency – and as legislation continues to be proposed to Congress regarding the legality of cryptocurrencies, this could be very important. Monero assures users that they use the “latest and most resilient encryption tools available” in order to ensure all transactions are as anonymous as possible.
With a current supply of 15,449,232 XMR, it’s also incredibly undervalued compared to currencies like Bitcoin. It also has an interesting system regarding the total supply. Instead of capping at 21 million coins like Bitcoin, once 18.3 million XMR are in circulation, Monero will only be created at a rate of about 0.3 XMR per minute. This is meant to ensure miners continue to profit. In this scenario, the first year that the original Monero supply runs out, only about 1% of the existing supply will be introduced into the circulating supply. And every year after that, the percentage will continue to decrease, but never reach zero. This ensures that unlike Bitcoin, Monero miners won’t have to raise fees in order to turn a profit after the maximum supply runs out.
2017 was already a solid year for Monero – going from $13.79 in January to now peaking at $278.66 this year. The graph follows similarly the graph of Bitcoin in its 2014 years.
Even outside of price, Monero has seen increasing adoption this year, and it will likely increase next year as well. Black market dealers have started to catch on to Monero’s anonymity and have begun accepting it often. This is extremely important, as the black market is where Bitcoin got its start as well. It’s only a matter of time before white and grey market shops begin to adapt as well.
So, while 2017 was the year of Bitcoin, it’s likely that 2018 will be known as the year of Monero.
BITCOIN'S PATH TO $25,000 - #BITCOIN #BTC BossMode Prediction: Bitcoin will break $25K in 2018.
The yellow triangles show the pathway to greatness.
The white zone is more than likely will we will spend most of the year, with a few highlights around the blue dotted lines signaling a concentration of the consolidated energy cycles.
Tripple Level Fibonacci Levels on a 1Day Candle - Like A Boss.
If you wanna see more dope charts check out the info in my signature below.
Peace & Love.
BK
Bitcoin 200.000$ in 2018 From Intcomm Fund Inc. we expect more than 13.000% revalorization of Bitcoin in 2018.
In the long term, we expect Bitcoin will cost 1 trillion dollars, but, due to the devaluation of usd dollar, 1 trillion will be less than you could think now. You can read the full article in the link
JPN225 NIKKEI 2018 & beyondI just love trading the Nikkei! Its been good to me in my very short career as a trader. I present to you the Cup & Handle pattern formation. A lot of traders do not believe this is an actual thing but it does exist and it does happen albeit not as often other patterns. The first idea I ever shared about a month ago was based on the C&H pattern formation. I didn't actually trade it, my analysis was after the fact loool! I was having a "Vision is 2020 in retrospect" moment and decided to share my findings. So generally I would put my money on a C&H setup.
So what am I saying here? Long term the Nikkei is still very much Bullish. The C&H pattern has formed and completed. We are now in the retest phase of the pattern. We have seen price break out in October and November and now December has started bearish. I believe this month is the beginning of the retest of the break out level, so for the next month or two the Nikkei will be bearish. Actually my colleague managed to cash in on the first day of bearishness on Friday and is looking to ride it further down to around 21200 then start looking for the LONG trade all the way up to around 30933. After the retest we will most likely see a very fast upward move. The minimum price objective for the C&H pattern is all the way up at 30933. Thats a lot of pips!
Seeing as though I believe that 30933 is possible, I went ahead and added an even longer term target which even I feel is a stretch but even stretches are possible okay... shoot me.. the market does what it wants and it may just want what I want looool! i mean we do have a clear uptrend in play and the way the fundamentals and sentiment are setup, the Nikkei may be just be unstoppable for the next few years.
critic, refute, agree
Mentors not Trolls!
EURUSD 2018 and beyondEURUSD long term forecast
According to this chart and idea the outlook fro this pair is long term bearish however the market will do what it wants. currently the wave of USD weakness suggests that this view may be wrong or simply reversed but we wait and see. This idea here is for those who are bearish long term, i.e those who believe the troubles with the EUR are lesser than those of the USD. I can't call it, all I can do is watch the ebbs and flows, try catch a wave to ride then surf and fish at the same time!
Projecting from the key S&R price range at 1.3695 and 1.400 to the key S&R price range at 1.1646 to 1.1952, we may consider this to be the flag pole forming the bearish flag pattern. Since price fell below the 1.1646 to 1.1952 price range at the beginning of 2015, it has not managed to break the lower key price range from 1.040 to 1.065 neither has it broken above the 1.1646 to 1.1952 (although it is currently threatening to do so). This may be considered as the flag of the formation. If indeed we are looking at a bearish flag pattern here, one may view all the price action for the past 4 months as a false break. Alternatively this potential break could be the invalidation of the bearish flag pattern. Any trades made based on this analysis will need to see price move lower than the 1.1646 to 1.1952 price range. Since we are currently within a key S&R price range I think it would be wise to look for high probability harmonic pattern setups on the Weekly and Daily charts. I will post some of my ideas on these time frames soon.
critic, refute, agree!
Mentors not Trolls!
USDCAD Forecast for 2018 and beyondThis is me simply speculating where USDCAD will go in the future. Obviously the market does what it wants however balancing the concepts of uncertainty and efficient markets one can still speculate right?
So, on this monthly chart, from a birds eye view the first thing that pops out is that huge completed Bearish Harmonic Gartley Pattern. Any pattern trader will confirm that these patterns are not always precise to the fib levels that guide the formation of these patterns so yeah, cut me just a little bit of slack on that lol! In fact, the thing is, I use the Swing high low support & resistance indicator by Patternsmart.com to guide where I plot the points of my harmonic patterns as a filter so that when I am plotting I do not ignore key levels so they hardly ever end up perfectly hitting the 61.8 retracement or any other precise fib level. Ok, moving on, so big bearish gartley pattern there, if I was a trader at the end of 2015 I would have entered a long term trade SHORT at 1.43119 looking to hit the 38.2% retracement at 1.24425 (which price hit this year in July) then the 61.8% retracement at 1.12916 which is yet to be hit.
Now, I still believe the 61.8% retracement will be hit but I base that view purely on this chart, Trump's presidency and a hint of black magic that I use to help me analyse charts lol!. To justify my belief that the 61.8% retracement at 1.12916 will be hit, I am trusting the second harmonic pattern I have plotted there and a subsequent ABCD pattern. I predict that price will move lower as it completes the CD leg of that smaller Bullish Gartley pattern and complete at 1.18670 which is the 50% retracement level of the CD leg of the big bearish gartely pattern (sounds like the name of a monster) . If this completion happens the next thing will be a bullish move to 1.31544 i.e. the 23.6% retracement of the big bearish gartley pattern which is also the 61.8% retracement of the small bullish gartley pattern. After that, price will move downwards and finally hit 1.12916. The ABCD pattern there is just me looking for more justification for my view.
This is so extremely speculative because the market does what it wants so please do not take this analysis too seriously, its just like any other analysis, 50/50 chances until confirmed. I will be doing more of these birds-eye-view analysis so if these interest you please do not hesitate to let me know. I mean if I am right I'm sure a couple of Option Traders will benefit from these. Also look out for my Weekly, Daily and 4HR analysis which may or may not agree with this view. Lol! Ideas right?
Lastly, I regard myself a student of Technical Analysis not a Pro, so if you disagree with me because you have more experience please be a mentor not a troll. Thanks!
amd elliot wavemy idea here is that as bitcoin might have a last run up AMD will also experience a smaller % bounce back and as bitcoin might start to consolidate for a while with still a lot of relative short term outlook over the next year amd might jump on the bandwagon; or also for other reason might be a huge winner in 2018.
just some thoughts though, let me know what you think
[Parabolic view] $20,000 BTC - Feb 2018As BTC price is currently exponential I believe that using curves is more accurate. So I combined both curves and lines following the main tops & dips of 2017.
We get a price prediction of +$20,000 / BTC for february 2018.
Feel free to share constructive comments below.
Happy trading / hodling.
Dec 31st prediction ETH/USD range: 410–660 USD, average: 550 USDWith confidence, based on various parallel channel analysis based on current and past trend overlap, I see the price of ETH on December 31st falling between 410–660 USD. This leads to a numerical middle average of 535 USD, but convergence of the tend line and the top of the long channel suggests a strong case for the price at around 550 USD.
Ticking supply bomb that will trap buyers before 2018!Bitcoin Cash has exceeded expectations. Reaching a stunning 2800 USD high!
But beware, there is a ticking supply bomb on the horizon, and it's a very dangerous one.
Fundamental
Bitcoin Cash will not be the new Bitcoin. Their solution is short minded and BTC will keep the throne.
Not going into detail about that subject now though, I expect most have their own opinion on the matter.
But that is my mindset, and unless something huge unexpected happens I am sticking to that. In crypto everything is possible though, and I am not taking my positon as a given and will always be aware that things might change.
Now over to the reason I think Bitcoin Cash is dangerous to hold, the ticking supply bomb!
Before 1st January, both Bitmex and Coinbase will release their BCH. Bitmex will actually sell them all on market and give its users BTC. Bitmex Blog Post .
That is not a small chuck of coins! Bitmex is the biggest Bitcoin exchange in the space, and Coinbase is the go to exchange for people to purchase and hold lots of Bitcoin.
It will deal a hard blow to the market when it happens, and it will. It's just a question of when.
That's where my small long come into play. Because I do not believe it will happen yet. I think we need more buyers to buy up before it does.
Bitmex will sell all their BCH on a date that is obviously secret, but before 2018. I don't think they will drop it all on the market so to speak, and it would surprise me if they sell when price is going down.
It's speculation, but most likely I see them selling out chuncks of coins when it is going up. They will want to give back its customers as much money as they think they can get.
Therefore I believe there is room to go up before anything "bad" happens with Bitcoin Cash. Trying to make money both ways here, and there is obviously risks on both sides. However, I have much more faith in the short if I can get a good price and will adjust my positions after.
Will keep updating this idea as things will change and most likely the chart will not play out exactly as I think it will as of right now.
Technical
As Bitcoin is consolidating I am looking to make small long today with my eye out for the 0.5 FIB (1553USD). Opening up at 1230 and closing it out a little below the FIB at 1520 USD.
From there I predict we might see a head and shoulders as Bitmex onloads their BCH on the market. It might be a nice place to make swing trades, but I am just looking for a nice place to open a short after I have closed my long.
The 0.618 FIB is 1848 USD so if I can get a short position at 1800 USD I am very happy. This position I will hold and watch the supply increase while price slowly goes back to support at 600 USD. Buying a little over as usual, 650 USD is a number I like.
As mentioned, things will most likely not play out exactly as I am thinking right now, but I will keep updating as we go along.
Not a big long position on me so no need for stop loss on that one, but will obviously need one on the short if that gets opened. Most likely at 2050 and 2500 but lets take that when the time is right.
Numbers
Long Position - 1230 USD
Close Long - 1530 USD
Short Position - 1800 USD
Close Short - 650 USD.
BTC/USD big drop end december: BUY moment! LONG END DECEMBER! I looked at the RSI of previous year around the month november and december. And there is a pattern seen.
Expectations:
- Drop 4-6 days (till 1-2 december)
- Little uptrend (till mid december)
- Big drop end december with a rise begin 2018.
Please notice, this is what I think. I am not responsible for your financial advisory. I hope you can see other analysis and find similarities, this will guarantee you a better decision.
Do you really need indicators? This is the commodities bull mktOANDA:NATGASUSD as well as TVC:SILVER , OANDA:BCOUSD or FOREXCOM:SOYUSD , for name somes are one of the best investments in terms of safety and profitability in the market. Don't forget that exists a negative correlation between commodities and indexes crashes. To know when will be the recession link
When will begin recession? Here you will knowThis is the first time of history where economy will be absolutely tokenizated, that is, the token market capitalizacion will be equivalent to the world GDP . Of course, this is not going to happen from one hour to another, but it is not far away either - blockchain is going to give the monetary system a 180 degree turn. The collapse of the international banking system and the hyperinflation of fiat currencies will make billionaires early blockchain investors and very, very poor to the ones that say "Bitcoin is a Bubble". Sorry for the radicalism, but I only try to advise people who still do not believe in blockchain, that if they see that red line, that will be the result of their thinking.
Love to all. I hope you have a beautiful investment day. Greetings, gents.
$DASH Bitmain's hustle coin going into 2018Dash:
This is not financial advice, take it with a grain of salt. This is technical analysis using channels, fib charts, and market sentiment.
DASH is Bitmain’s hustle, Bitmain sells the most powerful DASH miner at the moment and it’s one of the most used coins in Asian markets. DASH is a super volatile coin and it could be due to miners liquidating their coins. I really look at this as a miners coin since it’s one of the most profitable coin to mine. With Bitmain’s machine a couple months ago you could spend 2800 on a D3 miner and return of 10k each month. I was personally trying to buy one, but it would sell out within 5 minutes at 4 AM Pacific Standard time O.o .
This is a good coin to hold, but you have to have balls of steel through all the volatility. I have displayed a buy zone until the next big bounce which I predict to start end of 2018.
Good luck with this one folks. Also, if $BTC continues to rally throughout the year all the alt-coin prices will shrink and skew. Meaning the fib charts would do the same. The number shown here could be much lower.