Bitcoin Potential in 2018Following the previous idea on Bitcoin , $6500 support along with the uptrend trendline has been rejected twice suggesting the potential long-term uptrend continuation. Today the Bitcoin has closed above the descending channel, confirming bullish intention of the price.
The $6k remains the key support area and as it is being respected by the market Bitcoin should start rising. In 2018, Bitcoin holds great upside potential as the price could reach one of the two key resistance levels.
The first resistance confirmed by two Fibonacci retracement levels is at $23.5k, that is a 300% growth potential. The second resistance is at $37.5k level, which could result in a 540% this year along.
However, it could take some weeks for BTC to consolidate and price might produce a spike below the 6k support area, prior of the strong rise. Nevertheless the long-term trend remains bullish and it is only a matter of time before Bitcoin will establish a new all-time high.
2018
btc now inside an ascending broadening wedge.The rising wedge it appeared we had broken down from simply morphed into an ascending broadening wedge which also tends to break downward. We are currently near the top trendline of that wedge and with the other resistance lines teaming up with that wedge line of the 4hr 200ma (in blue) and the top trendline of the descending channel odds are good the price will be heading back downward to retest at least the 4hr t-line(in yellow) or also likely it could go back down and test the bottom trendline of the ascending broadening wedge. I was hopeful that when we turned things around before reaching a lower low that we had formed a higher low on the 4hr chart which would be a very positive sign, but once it became clear that we were still just consolidating inside an ascending broadening wedge pattern that higher low is really just considered inside bar consolidation and not a higher low after all. For now, even though ascending broadening wedges tend to break downward, I'm flipping my stance to neutral because all it will take to break upward is some sort of mega bullish news from the Consensys meeting currently underway. . .and we've already heard that Microsoft plans on using the lightning network.
Bitcoin 2014 fractal - Checks out- 2014 break through log resistance inspired confidence in the market, good news (Dell announces support of Bitcoin, Overstock.com)
- 2018 break through log resistance inspires confidence
-Support line at $8400 based on initial correction after the move through the resistance line in 2014
Trade Idea:
Buy at $8400
Sell at $8970
Bitcoin & Wyckoff Accumulation 2018After becoming more and more convinced that we are following the classic Wyckoff Accumulation #1 schematic, I decided to chart it out properly and came up with what you see above. To give a little more direction I went and added our recent resistance/support lines and based predicted future movements on measured moves from the mirror of our current fractal cup.
Enough buzz words in there for you?
Our recent movements leave me questioning whether we will do the expected initial test of AR, or will fall short (as I charted), there is also reasoning to suggest that we will not have another retracement before going into AR. There is also the possibility that Phase C will not play out with a new low, as schematic #2 would allow a midrange retracement as our spring (though given the unregulated and manipulated movements of bitcoin, I find it unlikely it wouldn't push down to sub 6k).
Let me know your thoughts!
2018 - APRIL RESULTSNearly one year trading with takings notes on TV. April has been an ok month with taking back positive results (barely over 1%). Keep in mind that arithmetics are merciless, you always have to win more % back than what you loss before. Let's keep up and see if good results from last year and January were due to : luck, synergy b/w strategy and market or something else :)
OTK Trade
CADJPY +36 pips / +0.15%
USDCAD +134 pips / +0.66%
COUBERTAIN Trade
BTCUSD +57 pips / +0.27%
GBPJPY +117 pips / +0.55%
FAIL Trade
GBPUSD -294 pips / -0.5% (it was a risky trade, noted as 0.5 in the idea)
PLATINUM -256 pips / -1%
And a lots of on-going trade, some looking good.
ON-GOING Trade
Triple very long : EURAUD, GBPAUD, EURCAD nothing booked this month.
EURUSD +56 pips / +0.42%
NZDUSD +31 pips / +0.15%
NGAS
SILVER
USDJPY +87 pips / +0.66%
And more recent ones : AUDJPY, GBPNZD, WHEAT
GL HF!
Bitcoin May 2018 roadmap....born to be wild! [BTFD]Bitcoin by design is controversial, disruptive, progressive and certainly one of the hottest financial instruments known to the trading world since it began.... bitcoin was born to be wild!!!!
We want to get a good idea of where BTC is headed in May 2018 so...
We have the fib levels and some supply and demand zones so we can get a good idea of the bounces and major support and resistance levels
currently at time of writing this we just peaked at 9960 and currently testing support at 9200 area, currently following the gann fan trend support line above the 2/1 area
8500 area is the key support and if this level breaks we could see some more bearish undertones emerging and a possible head towards feb/april lows
im pretty bullish on bitcoin, not full bull yet still cautious but optimistic on good gains and scalps to be had in May, im not seeing the push onto the ath yet maybe june or july after we see some hard and soild bull action bringing the bitcoin momentum up and over key support levels of 10k, 11800 & 12600
for clearer sign upwards wait for the price to close above the red triangle and head towards 11k
have a great month of May and see u in the BTFD group chat
peace up!
LISK Dual chart and Summer 2018 roadmap for BTC & USD [BTFD] LISK like a few other coins has a massive hype machine behind it and can be very useful to buy in at thre right times for some crazy profits in short time frame
upon examining both bitcoin and usdollar pairs we can get a good feeling of when these next 'pumps' will occur and what levels to buy in safely
the Gann fans show some trend resistances and supports and we can see from the fib retracements where the prices will bounce and rebound from in the next few months, with a good positive crypto market and steady bitcoin rise we can see the ath of $40 broken sometime this summer
.....if you need help in reading these charts please join our FREE group by joining our telegram feed and then accessing the chat group thru that
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lisk.io - some info on LSK and why it moons so much!
www.reddit.com
Market Cap
$1,300,054,633 USD
140,077 BTC
Volume (24h)
$40,605,200 USD
4,375 BTC
Circulating Supply
105,386,194 LSK
Total Supply
120,636,588 LSK
NEO dual chart BTC & USD - roadmap for Summer 2018 [BTFD]Using my favourite Gann's and solid fib retracements we are looking at NEO
i know many people bought in and held NEO including myself, sometimes a bit high with all the FOMO from last 6 months
with Bitcoin and crypto market in reversal we can look at possible entries and where NEO price will go in the next few months
NEO/USD had a clear breakout of the triangle and is signaling further move upwards here to test the all time high of $200, time frame of around june/july for this to happen
using both charts you can get a good idea of when to enter....
if you do require any guidance or questions about the charts please join our telegram chat room by following links in the signature below (BTFD telegram feed link)
healthy and smart trading wishes
Bitcoin 2018 Spring Roadmap, IRS/Tax April Cashout Theory [BTFD]Greetings once again BTFD members, lurkers and first timers!
Weclome to the greatest show on Earth right now!!!!
Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January
So what is the true value of bitcoin? its different for every person to be frank and thats why its having such a hard time finding its floor and is performing exactly how it should considering the tech and what it does and can be used for
my main theory which has also been confirmed now by a few other btc charters such as goldbug,
the US Tax/IRS stuff concludes on April 15th or so i am to believe, meaning people who bought and sold BTC last tax year now will have pretty large taxes to pay off, many people probably didnt know or realise this until too late and hence why there has been such a huge sell offs every week about $5-20bn has been going OUT of the market and not coming back in nearly as much, the Mcap clearly show this
So im charting that after 15th April we might see some trickles of life coming in to back bitcoin back up to some even stupider levels than the last all time high
BUT.....
until the 15th im totally bearish and by looks of things we are going to see a sub $4k bitcoin after all.
i expect the sell-off to be quite short and the rebuy very fast as i have been saying since last year this would play out around these levels
so you can use my chart as a guide for rest of the spring/summer and see if my theory is right, be nice if it is, cause im leveraging every part of it this year!
WHEN MOON? WHEN PARABOLIC?
End goals if the Gann fans hold then im seeing a nice cross around $12.5k for a first target and then back onto test ATH's after a small correction/pullback
Will be a Golden cross formed if the buying after sub$4k is steady and fast
Expect bounces on fib levels and we will go much more into detail via the telegram and our new discord playroom (PM me for details)
JOIN US ON THE LINKS BELOW for 24/7 FREE Bitcoin and crypto coin analysis and ZERO pump and dump spam :)
Expecting A nice Rally then BIG fall: LPT: 271 SPT 245.60
hourly chart
major resistant there at the mean of the system for the last 3 months center red line at 271
Daily Chart
The mean is also 271.00 for the arbitrage band and the intermediate band ( 1 Trading Year) is out of space
so needs it needs to correct to it's over sold position of approximately 245.60
Coincidentally 271 will align to form a lower high in the elliott wave system as well.
Weekly Chart
Another Elliot Wave as it tests our momentum line with all Bands nicely stacked.
Ride to 271 and then run like hell!
I got a feeling about good old $CLAMs (CLAM). Will it rise againI got a feeling about good old $CLAMs (CLAM). Will it live again? This is CRYPTO!
Steemit Link:
steemit.com
Rule #1: Expect the Unexpected...
Although this coin dumped hard back in October 2017, here are some factors that may indicate an impending move upwards.
DISCLAIMER:
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it, and I have no business relationship with any company member mentioned here.
I own a very small bag of $CLAM.
This is a VERY RISKY investment and this strategy is based much on speculation. I could obviously be wrong. I am not responsible for any trading decisions. PLEASE, DYOR.
INVESTMENT RISK/REWARD:
* High Risk
* Potential +69% return
* Buy Range: 40-52 sats. Sell Range 60-70-80-90+
* Time Frame: By first week of May.
QUICK MARKET QUICK OVERVIEW (APRIL 19 2018)
* MARKET CAPITALIZATION $12,731,149
* 24 HOUR TRADING VOLUME $278,117
* 24H LOW / 24H HIGH $4.07 / $4.37
* Circulating Supply: 2,969,255 CLAM
* Total Supply: 16,665,869 CLAM
RECENT
* $CLAMs (CLAM) launched in 2014. Many 2013 and later coins have mooned, but $CLAMs has not. It dumped.
* $CLAM dumped real hard late last year. Ouch!
* It's time for either a move upwards or project death. Not that many options!
MEDIA
* $CLAM was spotted at the Block Hack 2018 conference in i.imgur.com
* $CLAM was mentioned on John Oliver show LOL imgur.com
SOCIAL
* There has been extended silence across social media for many months. Little activity.
TA
* There is visible accumulation and resistance in our current range across all trading exchanges.
* Rolled into the Ichomuku cloud this past week.
DEV
* Original / Official Github has no activity or commits in over a year
* HOWEVER, @BayAreaCoins comments on Reddit on April 18 2018- "CLAM is being developed and the new wallet is about to be released after Xploited is finished testing it."
(source: www.reddit.com)
* New Wallet = Move Upwards.
TRADING AND EXCHANGES
* $CLAM trades against $DOGE, $LTC, $BTC, and $ETH.
* $DOGE has been rising steadily so maybe 'THEY" will use $CLAM as an exit?
ORDERBOOK
* Asks increasing, Sell walls moving further awayfrom average mean.
PROJECT DEVELOPMENT MYSTERY:
* The development plan shown on the official Clams website shows that the project is 90% complete - and NOT complete.
* Although their website has not been updated in a while. Another mystery remains in their development plan: Note below, the - (??% COMPLETE) Moon.
* Development Plan: CLAMmonetas. - (90% COMPLETE) Proof-Of-Working-Stake. - (70% COMPLETE) Update to Upstream Codebase. - (70% COMPLETE) CLAMshell. - (60% COMPLETE) CLAMchat. - (20% COMPLETE) CLAMtrader. - (10% COMPLETE) CLAMmarket. - (??% COMPLETE) Moon (source: clamclient.com)
WEB DEV
- The clamclient.com last header date:·Sat,·16·Dec·2017·15:46:01·GMT(CR)(LF) - Modified date is even earlier.
- Note: 4 months isn't too bad at the end of the day given the small team and the wild bear market.
MARKET DATA
Recent Data pulled from CoinMarketCap and shows increased activity across markets.
(coinmarketcap.com) as of 4/19/2018
1 Bittrex CLAM/BTC $163,573 $4.27 59.37%
2 Poloniex CLAM/BTC $108,510 $4.24 39.38%
3 Cryptopia CLAM/BTC $1,766 $4.79 0.64%
4 YoBitYoBit CLAM/BTC $1,681 $4.20 0.61%
5 BleutradeBleutrade CLAM/BTC $7 $4.79 0.00%
6 BleutradeBleutrade CLAM/DOGE $0 $3.74 0.00%
www.coingecko.com
Bitcoin 2018 Half Year PredictionBasing this off of basic indicators.
The first circle is after the first death cross between the EMA 50 and 100 day moving average at the beginning of the 2015 Bull run that peaked in 2018.
The second circle marks the second death cross where the 50 and 100 day moving averages cross indicating a possible end to this 2 year bull run and going bearish. I believe we will become bearish for a few months while Alt Coins have the possibility to become bullish.
I also believe during this time is when a lot of coins trading in USD pairs will seperate their prices from Bitcoin and possibly other coins overtaking BTC. I am still holding in alts but no longer long term holding in BTC.
For BTC to reach 70-100K it would need widespread adoption by the masses which can only be possible by a collapse of fiat currency or a financial crash. This would leverage the market to turn to gold, cryptocurrencies, and other assets to store their wealth.
But if many of the alts best suitable for currency unmarried their prices to BTC that would separate a big part of the Alt Coin market from the BTC market. Meaning alt coin market cap would not be included in the Bitcoin market cap. Maybe this is the year BTC looses its crown in being the king?
Manually made channelAs I couldn't match a pitchfork correctly for this log scale trend, so then decided to Make own channel manually out of an older trend. Placed the mane lines, measured them with fib channels to draw other continual channel lines which would mach the pattern so We could try to predict the next tops/bottoms of this awesome trend. What do you think of this channel? if you have any advises or ideas which you want to share, feel free to post in the comments