2018
Bitcoin Bull or Bear? 2nd full moon of January 2018 [BTFD]Bitcoin has reached a level for me personally where the fee's are not playing to much of a problem but still the buying continues and the bulls get back there power after some recent dumps below $10k
Question is where are we going next?
looking back at previous years we start to enter a bit of a downtrend in the fractals but many things has changed for bitcoin this year with adoption, futures etc
also looking back at last mooncycle earlier in Jan we had a apres full moon rise and the new moon took it further down towards the last major low, u can see clearly the Moon indictor new moon (grey) and full moon (white) circles next to the peaks and troughs :P
using the GANN FAN i will short if we go below the red lowest area or go long if we can keep up the buying into the purple areas and upwards
black dashes are the fib levels
bounce buys around 11k areas but keep stops really tight here
Siacoin has an incredible potential for the long run $2.10Following a downtrend, the Rounded Bottom forms a gradual bowl shape reecting a gradual shift in the balance of supply and demand. Investors were indecisive and did not if it was a good idea to keep investing in Sia. Followed by that, a quite long period of inactivity, the bottom of the bowl that I drew for you, and it is when the price patterns starts it upward turn. Volume start to increase and I see a vertical movement of the chart in the next month.
HODL and be patient.
Targets I have in mind: 512,573,623,672,742,832,1091,1510
- Target 1: 512
- Target 2: 573
- Target 3: 623
- Target 4: 672
I believe that these targets are achievable by the mid Feb and I will keep updating this chart for the next targets that seem crazy but achievable.
Leave your comments below if you would like to know more about any other coins, I can work on them for more chart analysis.
Full Wave Count on BITCOIN (AKA BTC 100k in 2018)Firstly I should say that Bitcoin is on a major bull run as we all know! Many people have been trying to "CALL TOPS" and find the "END" to all of this (LOL)
When we study the Elliott wave cycle and think in terms of continuation we start to get a bigger picture of whats really going on and you start to care much less about the "MINI corrections" (Corrections are small in Crypto compared to the bull runs )
So when I count my waves on bitcoin I see we are having a impulsive three wave to 30,000$ (maybe closer to 50k at top of 3 wave) then we should experience a correction sometime in march or April (ABC ON THE 3 wave making the 4 preparing for the 5 )
Once that correction is over in the spring we will see a impulsive 5 wave! & in my opinion this is where we will see the general public PANIC BUYING bitcoin all the way to 100,000$ per coin & this is when I will be selling lots of my bitcoins (let the cycle ride out then buy the panic on the ABC)
People in the Crypto space need to learn how to ZOOM OUT on charts and see the big picture!! why? BUYING THE DIP is the only way to get a good risk to reward ratio!!!!
I know it sounds crazy to think we would be trillions in market cap at the point but that's just the way HYPE cycles work .
also stocks are bullish Crypto is bullish oil is bullish commodities are bullish pretty much everything but FIAT currency will increase in value >
IMO this is mainly because of inflation , fractional reserve banking , and the fact that the world economy in blowing up right now as tech develops at a increasingly quicker rate
----Technical aspects of this move
RSI oversold
MACD oversold and crossing (multiple time frames)
Elliott wave ABC correction
inverse H+S on the hourly
signs of a bigger H+S forming on the 12h time frame
Also this correction looks identical to the bitfinex fud correction we saw in 2016 (same fractal) &
We saw 10x shortly after that correction
....
Been posting world market predictions (LMK if you want me to keep them coming)
I have been in crypto since early 2015 (starting buying BTC at about 180$ near its bottom of the 2009 - 2015 MARKET CYCLE) and stared trading on Poloniex in late 2015 when we had around a 8B dollar mcap
and I couldn't be more blessed to be in this community today!!! Crypto people are very loving, understanding, intelligent, and fair
its super rare to find people like that.. but in the Crypto space majority are people are genuine & good.
(another reason everything will keep mooning we have a super strong community that is super passionate about the success of cryptocurrecy and blockchain technology to make this world a better place )
Love to hear everyone's thoughts and opinions in the comments!! and stay profitable :) <3
(Also s/o to making me top trader the other day on trading view again that means a lot to me!)
HIGHALTITUDEINVESTING LLC 2018 -- Search "highaltitudeinvesting" on Youtube to watch my tutorial videos and weekly live-streams about Crypto trading
Bitcoin / usd 1 Day Chart Death Cross [BTFD]Our first chart for 2018
been having loads of new year fun with crypto...
Pretty clear Death cross on the 1 day chart for bitcoin
looking at the levels here with the fib
MCap bounced near 500bn and we have the US session to come
is this the real recorrection and then back up to 30k? or we gunna close under 9k after US session and enter a bear market?
bull or bear? i wanna hear what you think? best response hgere, will chuck u some random crypto coins, so plz discuss....
Bitcoin Daily Chart - Jan 17th 2018 BTC is in an ending diagonal pattern and calculated measured move of ABC correction suggests a likely bottom support level is in range of +/- 8727.99. I have used 50% of my tethered USDT entering a position in BTC at 9080.00. I set a stop loss sale order at 8699.00 to minimize losses if support at 8700 is broken and BTC continues decline toward the 6100 support level. Long term trend lines (as seen on the chart) are likely support areas to watch for trend to reverse upward. IF 8727 support fails expect BTC to resume correction to 6000 range. IF 5900.00 is reached and breaks it is possible correction could continue to as low as 3900.00 or deeper as deeper moves cannot be excluded with info available at present although it is unlikely I believe we should move below 5900.00 at most.
Set protective stop loss orders always to minimize losses if support falls.
Good luck Crypto fans.
BTCUSD : Bitcoin To $25K USD Is Only A Matter Of TimeAll these FUD in Cryptocurrency space at the moment have caused the entire Crypto market to fall in terms of price along with its total market capital. But from a technical perspective every drawback following a surge in price has retraced surpassing the recent high by a substantial amount always. In that case this drawback we're experiencing in the price of Bitcoin right now is definitely going to retrace to a new high of $25,000 USD without any doubt as per applied Fibonacci retracement levels.
" When creative people makes the supply, predictive people will make the demand " - Don Reign (@donareign)
Syscoin The Hidden Gem 2018: HUGE OPPORTUNITY"The Most Undervalued Project in the Crypto World (Not for Long)"
"As compared to many other crypto projects, Syscoin with its $400 million market cap is incredibly undervalued as of today. Due to a long list of recent and upcoming events, such as the recent fund of 3.3 million dollars, Blockchain Foundry’s 2018 IPO, industry-shaking new innovations, breakthrough in transfer speeds, rebranding and marketing campaign; it is just a matter of months that this project gets incredible attention and catches up with most of the highly valued ones in the crypto space. Once this happens, a $10 billion market cap (25x projected price appreciation) will be just the beginning in the mid-term." by Steven Voros
Check him out:
medium.com
Other interesting contributions to Syscoin:
Syscoin -The Hidden Gem Of 2018
medium.com
Syscoin @syscoin Twitter
twitter.com
Bitcoin weekly chart sideways in Q1/Q2I guess we''ll see a flash crash soon, this week or next, but I see these as a buying opportunities.
Right now I don't see a mega bear cycle lasting 18 months etc or even a massive crash. It might spike under the 20 week moving average (blue curve) or even close under it for a couple of weeks, but I doubt it goes farther. It seems more likely that we will continue the bull cycle upwards either when we make contact with the 20 week MA or more probably the shoulder of the Ichimoku cloud. A sell signal for me would be if the 20 and 50 week moving averages complete a bearish cross, in this case blue curve cross down over pink curve. This has happened before, last time when it signaled the start of the 2014-2016 bear cycle.
Remember this is a weekly chart so consider it slow motion. Weekly is great for bitcoin planning because this is a long-term game and it slows things down for divvies like me.
I will be holding my assets (except for strong bearish signals, e.g. cross on the weekly etc).
XDNBTC : DigitalNote To 0.00001 BTCDigitalNote, an untraceable Monero-like cryptocurrency is undervalued at the moment. As per technical perspectives the price of XDN has recently breached below the bearish pennant which seems to be a false breakout since the Fib retracement level 0.618 meets a previous higher high at 0.00000350 BTC which could act as a key support level holding the price. Once it retraces from that level it is possible to see an increase in price till 0.00000823 BTC and 0.00001 BTC afterwards respectively according to applied Fibonacci retracement levels.
PITCHFORK - Forex EURUSD Analysis 2018 ExclusiveEURUSD
Analysis & Forecast for 2018 based on Pitchfork Trading Strategy
Current price at Median Line , if price continue to push above Median Line
Opportunity to Long EURUSD and High Probability price hit Upper Line
if price make a reversal on Median Line it could reverse back to Lower Line
PITCHFORK - Forex EURJPY Analysis 2018 ExclusiveEURJPY
Analysis & Forecast for 2018 based on Pitchfork Trading Strategy
Current price at Median Line, if price continue to push above Median Line
Opportunity to Long EURJPY and High Probability price hit Upper Line
if price make a reversal on Median Line it could reverse back to Lower Line
CUP & HANDLE BUYING OPPORTUNITY [potential]a cup and handle formation may be brewing and if all goes as planned, this may be the beginning of a very steep and fast upshot.
buying opportunity but keep a close selling limit in case this bad boy decides to go the other way.