GTO/BTC strong BUYWe have:
DAY - broken falling wedge, RSI bullish divergence
4HOUR - impulse, broken triangle, rollback price
We do:
Limit BUY at 81-83 sat
STOP LOSS at 74 sat
Limit SELL - 180, 263, 398, 612
Altseason2020
PPT / BTC Perhaps a new uptrend. Past profit + 100% 30% 80%I started trading this instrument on September 13, 2019. Medium liquid instrument. Since September, I took all the main movements + 100%, + 30%, 80% (I took 60-70% of 100% of each movement). All trading ideas and the algorithm of work are on this site.
As a trading tool has a small liquidity, it is impossible to work with a large amount, up to a maximum of 5-10 thousand dollars. In order not to load orders on the exchange and thereby prevent price increases, you can use several exchanges to trade.
The tool is only for speculation, very profitable by the way. But this is my pure opinion, as I wrote more than once, I am very negative about cryptocurrencies.
At the moment, PPT / BTC, after a local small sideways after the dump, a slight upward movement has begun. Perhaps we are at the beginning of the emergence of another local uptrend.
If all the same, the uptrend will not develop (some kind of terrible tale will hit the market in general), then with a high degree of probability the price can be stopped in the "green zone" which has been used for almost a year as the launch pad of local pumps. Lateral movement will begin. If the price breaks through this zone, then wait for a new acceptable entry point.
Past Trading Ideas for this PPT / BTC Coin
PPT Symmetrical Triangle. The first goal is 33%. Merged into 164 X! Sep 24, 2019
1 target taken + 66%
Symmetrical triangle
2 target taken, exactly + 38%. In total, more than + 100%
PPT formed a symmetrical triangle. Target + 100% Nov 6, 2019
+ 37% 1 take taken. Squeeze (shadow)
PPT / BTC Falling Wedge. Reversal zones. Work on a coin. Jan 14 2020
Target taken + 85%
There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations.
RLC / BTC Falling Wedge. Local work.RLC / BTC Local operation. Descending wedge. Under a downtrend (wedge resistance) in a local uptrend, an upward triangle forms at its peak, which, in cases of confirmation and breakdown, will break through the wedge resistance (downtrend line).
Input
Entrance on a breakthrough or rollback after a breakthrough of a given local figure or if lateral movement begins - breakdown and price fixing above a descending trend line (wedge resistance).
Fixing the price above it will mean a reversal of the main trend. Before, time should not enter the market, as the trend is globally expressed in a downtrend. In cases of not overcoming the resistance of the wedge or not fixing the price - movement inside the wedge canvas and the continuation of the downtrend.
A similar situation was the coin Tron a few months ago. Then all the wedge goals for my trading idea were taken.
Compare the graphs. TRX / BTC.
TRX / BTC Falling Wedge. Work on a coin. Breakdown of the resistance of the wedge.
The TARGET is taken. Estimate the accuracy of the forecast. After the breakdown of the downtrend line of the wedge trend (resistance) and price fixing above it.
Target
If an upward triangle is formed in the wedge and it will be broken up. The target is the width of the base of the triangle. Perhaps this will be the emergence of an uptrend. Pamp Coin Binance and Bitfinex. Therefore, if a reversal occurs, this is the first local target. The following price levels are shown on the chart. You need to understand that the goal is not a line, but a zone near the target level.
Stop loss
Set Stop Loss value with calculation of your trading strategy and money management.
Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.
This is a RLC / BTC coin in a main trend
RLC / BTC Downlink. Bull Bat. Double bottom. Pump.
BAT Token: The token that never gives up rising! Morning to all and good day traders! Today I am giving another update on one more altcoin I have high hopes for: The BAT TOKEN, along with the brave browser potential.
Right now we see BAT trying for its third time to retest the highs of resistances @0.295, last touched in Nov 2019, before a huge selloff typical for most coins, as the year comes to a close. From just Jan to mid Feb, in the span of 1.5 months, it surged past its old resistance to touch a new high @ 0.3185, before selling off to the 0.200 level! I expect it was gaining bull momentum from here as seen with the strong rebound till 7 March 2020, where a massive dump reverse the BAT surge as we all know, thats when the Corona Virus impact hit.
From what I see, in the historical data, BAT has some massive bull potential, rebounding and regaining upwards pressure quickly even after large dumps.
On 9 May 2020, BAT surged past but was REJECTED @ the resistance 0.2296 level ( 0.618 fib) now breaking out past it today! I expect this level to pose a strong support, now having flipped. Our next target is 0.2530, which was the second rejection, after which our next targets for a LONG OPPORTUNITY would be:
- TARGET 1 @ 0.2695 (0.786 fib level)
- TARGET 2 @ 0.3085 (1.0 fib level, historical resistance)
Breaking above target 2 will most likely mean a parabolic curve upwards, due to the lack of resistance levels above it. I then will expect the next target to be 1.618 fib level, coincidentally our previous high @ 0.4681, last touched in 20 April 2019. Also, expect some pullbacks as each resistance is touched.
Fundamentally, BAT is a sound project and this would be one that I recommend HODLING, instead of trading, due its longer term potential to become one of the more widely used browsers now that privacy is being more emphasized on.
As always, feel free to like and follow if you enjoyed what I shared!
Best Regards,
GOLD D ROGER
ADA: another Altcoin to lookout for!!Good day and welcome to my page, for the past few days I have been relative busy with work, back again today with a new update on an altcoin I have been watching: CARDANO ADA
Fundamentals & News:
- Shelley, the latest update for Cardano. It will start rolling out the network between June 30 and July 7.
- Multiple dates for the update to watch --> 9 June beginning of rollout, 16 June putting things end to end, 30 June shipping out Shelley, 7 July is the latest possibe date for full update, and users must update by July 20.
- The Shelley Incentivised Testnet lets holders earn real ADA, Cardano’s native currency, by staking it. Staking is the process of holding a large amount of the coin while maintaining the network. Holders can operate a stake pool, staking other user’s coins on their behalf, or delegate their coins for someone else to stake.
(decrypt.co)
Why am I using Weekly timeframe for this coin?
This a coin I see with huge potential for HODLING, the team is hugely talented, with Ethereum co-founders leading the company with multiple technological advancements, and the update coming up soon in late June would bring us just in time, possibly enough BULL POWER to break the historical resistance @ 0.10376. Bringing cardano to a weekly close above this will definitely signal a massive BULL RUN upwards from 1.618 fib level and beyond, as the zones to the upside have not been touched since 2 years ago, they would not pose much resistance for the impending price surge.
What we see now:
- 0.07612 previously strong resistance, has been flipped to support
- in the D1 or smaller timeframes, 0.786 fib level can be seen as holding support @ 0.08353
- MACD in the green, finally crossing the neutral line to the BULL ZONE
- Buy volumes steadily increasing, with minute weekly sell volumes (at the very most, just profit taking from spikes and small pullbacks from BTC corrections)
Personally, this is a coin I would be holding with 15% of my portfolio to year end at the very least, I predict a possible $0.5 - 1 USD valuation per ADA token
Best Regards,
GOLD D ROGER
BTCUSD Update: Whats next? I think by now, it has and always has become apparent that cryptocurrencies like BTC are susceptible to whale market manipulation - meaning those with large % of BTC holdings are able to manipulate the price of BTCUSD to a certain degree to stop out many small time traders, enabling themselves to massively profit from the large surges in price change in their favour. In these cases, the ones who suffer the most are the highly leveraged traders in a market of strong momentum, when everyone is sure of the market direction, these traders put in LONGS or SHORTS with high leverage in their false confidence, and BAM, spikes of reversed volume by the whales in unison, the price swings in the opposite direction, as they hit the stop losses, the trend accelerates with newfound strengths from the STOPS getting cleared out.
Example in our BTC dump occured just a few hours ago, from the highs of 10400 to lows of 9135:
- Initial surge in BUY to 10400 came in sudden with JUST ONE spike in massive buy volume, immediately followed by pullbacks and profit taking (which is normal)
- BTC then appears to be bouncing off 10100 slightly, with much smaller volumes of consolidation, mainly buy volumes
- Trader sentiment is mostly BULLISH by now, with MACD strong in the BULL ZONE and BTC above 10100, its highest since Feb 2020 pre-crash
- BAM! Huge massive SELL volumes out of nowhere (although we can see a rejection wick in the previous BULLISH candle after touching 10200, it is still a bullish candle + the wick is relatively short = not enough to signal a reversal to sell)
- The massive SELLOFF dropped to 9100s in the HOUR ITSELF, stopping out thousands of BUY trades with stop losses estimated to be at :
--> 10000S for short time traders
--> 9800s for mid term traders
--> 9300s for longer term traders
TRADING IS REACTIVE, NOT PREDICTIVE
Therefore, we watch for the following opportunities:
- Now we see long support wicks validating 9400 (0.236 fIB LEVEL) as a VERY IMPORTANT SUPPORT ZONE, breaking this would bring us DOWNWARDS towards next support level @ 9300, as such I see more possibility of upward movement with these overlap of support zones.
- an HOURLY H1 close above 0.382 FIB LEVEL @ 9650 with a strong bullish candle stick gives us a LONG opportunity towards the 2 targets shown in the chart @ TP1 9750 and TP2 @ 10100
As always feel free to like and follow if you enjoyed my ideas, trade carefully with stop losses and happy trading!
Best Regards,
GOLD D ROGER
Altcoin to Watch: ZILLIQA to the Moon!!This is one coin I would be watching closely, historical data shows a previously strong resistance line having turned into a strong support line in the Daily time fram D1, which is also the 0.618 Fib level.
Now, ZILLIQA is currently attempting to retest the resistance level 1.0 Fib level after rebounding from the middle area of 0.786-1.0, at the moment, we see a strong bullish engulfing candle building up.
Technical Indicators:
-MACD shows a strong bullish pattern heavy in the greens and high above neutral line.
-Golden cross of the 21 MA and 100 MA signals a possible BULL RALLY from there.
I would be watching to see how ZILLIQA reacts to the 1.0 level, a close above it in the H1 - H3 Timeframe would give us our entry signal for a BUY OPPORTUNITY towards the next area of strong resistance @ 0.01549, which had been a strong support in MAY - JULY 2019. Breaking this would certainly mean a higher target for us to cash out on!!
As always, trade safely with stop loss orders and have fun!
Regards,
GOLD D ROGER
A humble trader
Very Quick Update: LINK Breakout to Upside!!Writing this in the clearest and most concise manner as LINK/USD is surging as I write. Remember to do your own research too.
Trade of BUY has been entered with targets 1 @ 4.52 USD and target 2 @ 4.86 USD.
- MACD is heavy in the blue with strong bullish momentum in the H4 time frame
- Buy volume spikes are steadily growing
- LINK has just broken out of a strong resistance line (red) @ 4.1677USD and now validated it as support with a strong bullish engulfing candle H4 and a long bottom wick, pointing to strong buy pressure
As always, feel free to like and support by following if you want to see more awesome signals like these!
Best Regards,
GOLD D ROGER
A humble trader
DCR/BTC Finally Breaks Through Long-Term Down-Trendline! DCR/BTC Finally Breaks Through Long-Term Down-Trendline!
After breaking through the resistance, it seems we have made it into our new support by bouncing off it on the Daily chart.
Considering all the news that is coming out for DCR (new DEX coming out, GUI for its privacy features, coming Coinbase listing, Lightning Network integration in the wallet, etc. etc.), DCR seems to be primed for a total trend reversal vs BTC.
ETH / BTC Symmetrical Triangle. Past idea + 55% PsychologyETH / BTC After breaking the downtrend line of the main trend and fixing the price above it, a symmetrical triangle began to form. Price shrinks, volatility decreases.
I have been trading this pair periodically for a long time. Some years.
I mainly use asynchronous arbitrage between BTC / USD ETH / USD ETH / BTC pairs.
How to do this is the idea of learning on a live chart between the pairs BTC / USD, XLM / USD.
The pair has a very large liquidity, therefore it is rather difficult to make surprises of manipulation.
It is easy to gain and lose a large position without spending a lot of time on this action.
The ideal pair for working in a large position in the risk / profit ratio is precisely in money due to a large position, rather than a% profit in comparison with other liquid pairs.
Due to good liquidity, a large position can only work out of a few Stop Loss without significant slippage in price. Therefore, it reduces losses if the price goes against you.
Funnily, the two highly volatile ETH + BTC instruments are merged and as a result they extinguish their excessive volatility.
Liquidity + ETH + BTC = at the exit gives ideal volatility, and as a result, predictability of prices with minimal risks.
A risk-free pair in trading, well suited for beginners, especially those who look at the exchange once a month and are not infected with the mass destruction virus of hamsters called "XXX for the poor fool." I recommend for trading to those who do not want very much, but consistently earn money and do not spend a lot of time on it. Also, those who do not want to learn to trade at all. On this pair, you do not need to have much knowledge to understand where the price will go and under what conditions. Profit / risk is always in the perfect ratio.
Market entry + target
There is no good entry point right now. The situation for observation. But a very good entry point will be. It is when the triangle is formed. The width of the base of the symmetrical triangle is 41%. Therefore, the full working out of this figure is about 40%.
Entrance to the side of breaking through the triangle on a breakthrough or rollback after a breakthrough. A couple can work both long and short.
I want to emphasize that the resistance of this triangle is also the resistance of the main downtrend. A break of the triangle up and fixing the price above it will mean a reversal of the main trend. And that will launch ETH closer to the orbit of Mars. And then various news “about saving the world” with the help of ETH will appear, technologies based on ETH, which have been ready for several years, but there is no suitable time for their implementation, will be introduced.
Stop loss
Who uses them in their trading strategy. Under key support levels during your entry into the market.
The previous idea for this pair yielded + 55% profit for such a highly liquid coin, which is not so bad.
ETH / BTC. Work on a coin. Reversal zones. Double bottom.
All target taken + 55%
Also, under the idea, I fixed all the trading ideas of this pair for the year.
In them, too, I took profit from most of the main price movements.
I want to note that I attach a lot of time to the description of the idea in order to convey the idea to those people who don’t know how to trade or think that they can, but for reasons that they don’t understand, the price always goes against their expectations.
To learn how to trade and understand the market, read the description of what I write in ideas and not just look at the chart. I make a description and an algorithm of actions that the student can learn and earn. It takes quite a lot of time. I want people to learn to think. Just think, not copy. Perhaps I will be able to kill at least a percentage of people a hamster.
I always make updates in a trading or educational idea (which I always do on a living example of trading) so that a person understands why profit is taken and why not. This is very important, as without understanding the reason a person will not be able to "read" the market.
1) Remember knowledge without skills is zero!
2) If you are not confident in your abilities - work with a symbolic sum.
3) You always have time to earn money in any market, if you have the knowledge and experience.
4) If you earned money from someone else’s trading idea (and I give it money), but didn’t understand why and under what conditions it happened and don’t try to understand everything yourself - you are doomed.
There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations.
More information about trading, psychology, sociology in my telegram channel SpartaBTC.
Taking a look at IOTX: Mainnnet GA Launch SOON!!Hello and Good day to all, I am very happy today with the previous forecasts hitting WAY ABOVE EXPECTATIONS. Thank you all for your support!
As a way of giving back, I am doing an analysis on this up and coming coin: IOTX TOKEN, support me by liking and following! I will really appreciate it and let us grow together, one day I hope to become a top trader and you guys will be the first to have followed and made continuous profits from my analysis!!
IOTX Technical Analysis:
At the moment in H1 Time Frame, IOTX has broken up and is currently undergoing a strong pullback for the past 6 hours. The 0.786 fib level has tried and failed to validate as support as seen in the long hourly H1 wicks which gave way to the selloff.
Now we wait to see if 0.5 Fib level can serve as a strong support for a REBOUND TO THE UPSIDE (this region is a common area of reversal)
If it fails, we look to see how IOTX reacts to touching the 0.236 Fib level (Below this, IOTX has likely lost bullish momentum and I would not recommend touching it)
Fundamental Analysis (Bullish):
- GA MAINNET Launch on 1 June --> Hype creates momentum for BUYING Pressure
- Pretty solid fundamentals and potential for implementation (www.youtube.com) --> Emphasis on full decentralisation, I see an uptrend on IOTX whenever there is news of adverse politics in altcoin management (etc EOS problem with decentralisation/TRON being too centralised)
- Be careful on sell off nearing the launch, would keep an eye on the charts for now
As always, feel free to like and comment your thoughts and any altcoins you would like to discuss about!
Best Regards,
GOLD D ROGER
A humble trader
AST / BTC Double bottom. U-turn area. Past idea + 54%The horizontal channel accumulation. After a while, support was broken. At the moment, a double bottom figure is being formed. The price is driven back to the accumulation zone.
The previous trading idea for this coin was trading in a horizontal accumulation channel from a safe entry point of about + 50%.
Trading in the horizontal accumulation channel from a safe entry point is about 1 target + 50%.
Market entry
Potential entry point now.
Target
All goals on the chart.
Stop loss
Who uses them in their trading strategy. Under key support levels during your entry into the market.
Quick Update on THETA TOKEN: My Favorite Altcoin!!Hey guess we are all excited for some updates since my last forecast on this coin! So far, all forecasts have gone as expected, even exceeding expectations! Previously, I updated on the post that it will rebound from the old 1.618 Fib level, now it has been established as a strong support.
Now, we set up a new fib retracement level scheme, as you can see on the chart, I expect THETA TOKEN/USDT to find support at 0.786 or 0.5 Fib level region, where it looks to be establishing an ascending channel line (yellow). Bullish momentum is still strong with the THETA Mainnet 2.0 coming up 27 May, and I bet all that hype leading up will take us to greater highs in the short term.
As for LONG TERM POTENTIAL, I see THETA.tv getting established as a strong contender as a streaming platform along side twitch and youtube, with widespread implementations, I would not be surprised by a $2 USDT theta price by year end 2020.
Personally, I would be holding for long, and not trying to short it at all. Any shorts would likely be 10%/20% pullbacks on a majorly bullish coin like theta, and I feel that would be too risky a trade, so why not just ride the wave and surf? = )
Best Regards,
GOLD D ROGER
A humble trader
READY FOR ALTPARY?I can see there will be chance for altparty. Bitcoin finished his story (Halving)
I think won't be huge red candles anymore. Thats why floor available for alts.
I can see altpaty until until August. 2 or 3 months altparty will be really good for day traders.
I have some bags. I will do some analysis one by one. Follow for them
ENJ - Midterm bullishENJBTC looks pretty good, confident and significant growth over several months.
Midterm bullish if we get a close above 2050 sat (less risky to get consolidation above this level). Waiting for it and long.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD - Quick updateAaaand because of this stupid bitcoin dump we're back to the channel, retesting s/r flip at $3.86. Let's hope linkmarines tired of this range and we'll get some decent move soon.
In general, it can still be noted that if you look at the past lost of $3.8 level is a good place for short with target at $3.4.
Hit the "LIKE" button and follow to support, thank you.
ps. my strategy still long lol
Information is just for educational purposes, never financial advice. Always do your own research.