BTC bull run might have to wait a little longer...is locked into a reasonably fixed pattern (emphasis on reasonably), and there's a bit more scooping/accumulation to take place before a bull run. This extended accumulation phase will not mirror last year's bull run, hence either we will see a smaller bull run or wait a bit longer for a strong one. Unfortunately times have changed since last year and patience may be something we all need. I certainly don't like patience, but i'm not seeing any other option jump out at me.
2018
XRPUSDT - President Bill Clinton Keynotes Swell 2018These learnings are perhaps more relevant now than ever before. Like the Internet boom of the 90’s, we are at an impasse: digital assets and blockchain technology offer a way for value to be exchanged as quickly as information – creating more financial inclusion and economic opportunity. However, with this new technology comes potential for concern, requiring thoughtful policy to protect consumers from risk without hampering innovation.
Gene Sperling, National Economic Council Director and Advisor under Presidents Clinton and Obama, will moderate a Q&A with President Clinton during the keynote address.
This year’s Swell program will also feature:
Financial services companies using blockchain technology in production
New market opportunity in remittances, e-commerce and corporate marketplaces
Frameworks for regulating digital assets across Europe, Asia and the Middle East
BITCOIN & ALCOINS fractals bearish idea 2018Hi, I made a super bearish idea that might take us on 2016 prices for bitcoin -2.91% and altoins, correction is based on 3 fractals that will take 1 year and having a 70% variation on each based on first fractal .
For example:
BTC -2.91% Fractal 1. $20.000 ->$6.000
BTC -2.91% Fractal 2. $10.000 ->$3.000
BTC -2.91% Fractal 3. $5.000 ->$1.500
This is pure speculative and looking for your comments and thoughts regarding this.
Like and share if you enjoy
USDCAD 2018 OutlookAs the USDCAD broke out of it's 1.05-1.10 ceiling back from 2013 we've been in a bullish market for this pair. Upon this break the market begin it's 2 year bull run from January 2014 breakout to it's all time high January 2016 of 1.4690
The USDCAD then begin to correct May of 2016 by first pulling back to it's 50% Fibonnaci retracement of 1.3030 from the 1.0620 to high of 1.4690.
Prices then gracefully followed the Ellitot Wave patterns for just over 2 years completing the 4th wave around June of this year.
We are expecting the USDCAD to create it's 5th wave before 2018 closes out. Proceeding into the first quarter of 2019 we could see bullish US market figures. Coupled with rate hikes by the FED we could see USD rallies out of the 2 year correction and pushing new highs.
Current way to 5200?Legs seems repeating, all in all view it looks like a bear flag, would be logical to stop at 5200, some fibs also matches 5200 zone. In my opinion we totally are not in the bottom yet, if u check previous bottoms, after reaching bottom we should bounce at least 400$ and continue to grow for the next hours. As current situation 5900-6150 looks like a dead cat bounce.
BTC\USD- 2018,Q4 targetToday I'd like to talk about the Bitcoin for the long run, actually place a target for the third quarter of 2018.
It can be 'too-ealy' to talk about it but based on a few indicators, it seems like we're on the right path. Even if the BTC will drop a bit, it can still make it until the end of 2018. The expected movement will take it all the way above $13K.
BTCUSD Momentum Flagging but unable to push lower for nowSorry if you're getting spammed for alerts. For some reason TradingView is not publishing my idea properly I've had to attempt a few times now.
Based on RSI , market geometry and EW, I think this may be a probable path.
The bear trend seems to have reached exhaustion and bulls are willing to buy below 6k but unwilling to chase the price up. We will encounter stiff resistance at the ichimoku cloud and 200 SMA (not shown on chart) as well as the upper trendline of the falling wedge .
I have found a lot of confluence at the 5880 level as well as 4800 but it seems we are unable to push much lower than we are for now. We could very well go sideways for a few days before any substantial movement, but I think we need some fresh FOMO before we can make a new low.
We could fall further than 5880 but in the immediate term it seems unlikely given the lack of momentum in either direction. The daily MACD histogram is slightly ticking up and RSI continues to show a slight uptrend.
We are likely to overshoot the bottom trendline of the wedge when we get there sometime in a couple months. VPR shows 4800 as a strong level of support. If we shoot past and don't form a bull wick and see it quickly bought up it would be very bearish . We could spend months in that range.
The indicator I'm using at the bottom is RSI candlesticks provided by my friend @cI8DH Check out his page and give him a like.
RSI Candles
Here is the bigger picture, I think there are a lot of confluences supporting this view
Make or Break for Bitcoin in week of 16th July 2018 [BTFD]Looking at four hour chart on Bitcoin/USD we see over the weekend it good bounced from around the 0.618% fib level...
The new Cycle of Power Indicator is showing a change from bearish to bullish conditions and the RSI coming into the overbought levels - this is shown by the change of colour of the line to grey
We also have a Death Cross on a 55/100MA that has just formed
So very mixed signals for bitcoin starting this week, if the 0.618% fib level holds and some buying momentum takes us up over 6800 during the week, then we may see some gains and be good for longs, firstly 6400 need to be broken and established as a floor support and solid buying action as the week starts and then going up to 6600 and above....
IF the 0.618% fib level breaks (currently around 6180 area) then most likely we will be back in power with the Bears and price will come down to touch just below $6,000, even going as low as 5800 area, now if buy support is strong and this does play out we will examine the market after we see the moves that start the week
weekday markets open 10pm GMT +1, so get used to checking the price and movement once the institutions are back on the board and moving pieces around, expect a few squeezes along the way
i'm calling neutral for this chart but im kinda leaning towards the bearish scenario, the psyche levels of 6300 and 6200 are pretty important, so keep eyes peeled on these levels of support and watch for opposite from 6600 & 6800
BTC Magnets 2018Seems like my last call of 8500, was just a point near a magnetic point of the Algo. It could still break up anytime, but dont matter what I'm still convinced, my white curve is pretty right and could end in 20k even earlier then october. Then a overbuying should cause a new serious ATH this year
BTC Fibonacci Of TruthSeems like there is an interesting point coming up. In the end we want to know if it goes up or down soon.
Just thinking about it a while will get you clear about its movement.
We had 1 correction now which took multiple years & Bitcoin being way to new was the reason back then.
Bitcoins 1D June - Sept Summer Road Map 2018 [BTFD]Greetings all
as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths
it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June as well? (last 5 months, so this would be the 6th time it would happen and im very keen on 666 as a number of humanity spiritually speaking)
the next major test for bitcoin is to stay within this triangle and not fall below out of it thus opening up new situations and possibilities and we can start thinking of $4k and under, for this not to happen we gotta see bitcoin stay over $7k above that trendline and gann fan purple area
massive supply and demand zones now above bitcoin and its gotta flip these with significant volume to get over and stay above these areas thus starting to show some bullish signs for that
sentiment right now is neutral (sideways) with an expected range from $4/5k to a poss $12k in this month of June
good trades to all, come ask questions in our telegram chat or get updates on our feed, we look forward to all kind of traders to come collect profits with us
LTC Falling Wedge near to come !? :)Hello,
As always, just wanted to share what many have seen and have been waiting for the moment of a comeback on LTCEUR . im one of those so lol. Lets hope the cycle of fractals from the past can finally happen.
As you can see in the chart, figure is clearly present, and the MACD indicator starts to show the tendencies to where all this i going to.
Background bars in colors shows the fractals in cycle and the white string, hopefully, the road that LTC will take. Needs to be adjusted a little bit but until reversal its just an estimated measure.
Lets see what happens on the 4th of July. :P
This is just an idea, so proceed with precaution.
Cheers to all :)
Holding steady at a higher low.We are currently forming another bearflag but have also(for now at least) potentially formed a higher low by not dipping below $5730. The rsi and stochrsi on the 4hr also seemed primed for an upward shift as well. If we were to break upward here and somehow surpass 6300 we would essentially form a higher low/higher high sequence as well so this is what I will be watching for. Since 2018 has essentially unfolded as a fractal of the 2014 bear market thus far it would not be that surprising if we were able to go on another uptrend run back up to around 9.7k to continue that fractal. Of course there's no guarantee that fractal will continue the whole year but so far it has been pretty accurate...and for that accuracy to continue...9.7k is where we may head over the next month or so....if not then the bear flag will likely breakdown and continue towards the initial target of 5.3k and essentially even further. For now until I see a break one way or the other this idea will be listed as neutral.
Observing the largest of trends-THE WEEKLY Trend on ETH for 18´ Step by step detailed t.a, on Etherium medium, to medium-long term.
Etherium has done so far very well in 2018, major rally from approx. 198 to more than 1400. But ever since these heights were reached, etherium is seeing fairly lower and lower volume(as noted on the graph). Following from this, from Elliott waves, as expected, a correction in the form of the larger fractal was completed, with a bottom of 358(C), and a breakout on (D), going as far as 838.
1. Since 838, etherium has been in a correction, forming a smaller fractal(current bottom 450). Although, right now it's somewhat holding this bottom very nicely, it is getting closer and closer to the Ichimoku cloud. Using Ichimoku as a primary indicator, and with a very basic approach, it can be seen that there is a switch in the Kumo(In red, indicating a bearish segment), and if the pattern breaks down through the cloud, as pointed out on the graph, that would mean that etherium would be entering a bearish market(from Ichimoku cloud theory, pattern>cloud=price follows a bear market). In such case, I can see the price primarily go to 200 as the initially bottom, followed by somewhat of a bounce, and deciding what to do next, which would be too early to be analysed at this point.
2. Etherium has also been trading bellow the 50 week average, as well as the 21 period moving average. By itself 21 period moving average, is somewhat of an momentum/directional indicator, and consistently trading(few periods bellow it) as etherium has done, can be interpreted as the price being negatively affected by the momentum/having a downward directional tension. Analysis on the MACD, as it can be seen is that, on the rally to 838, etherium tried to break through and intersect above the supply line, however that didn't happen, and since the intersection after the major rally to 1423, what can be said is that sellers have been in control ever since, up until now. On the other hand, RSI, at the present point is pretty neutral, hence somewhat meaningless as well.
3.Overall, with the ICO(Initial coin offering) bubble which has been somewhat speculated in the last months, to finally burst, and this being the key factors for etherium's demand and valuation, coupled with the recent economic news from the global markets, as it stands now Etherium is by no means a done and mature product, and these factors could have a considerable effect on the price in the following period. Not to mention, almost all of the crypto market follows bitcoin as sort of an "index" market measurement, and if BTC breaks bellow 6000, I can hardly see Etherium not following the same footsteps as bitcoin.
Personal note: I'd only see myself shorting ETH, if this week or next week, ETH breaks the downward trend line of the fractal(Green arrow drawn on the graph). Major move expected in July. Prior to entry, I might do a daily t.a. as well.
Disclaimer:
//This is not a buy or a sell signal, you decide what to do with your own money!//
If you liked my take on etherium or other markets, give it an agree, share or follow for more well-detailed analysis, cheers!