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XRP DOING A FAKE MOON BEFORE DESTRUCTION TO 0.10$XRP MID-WEEK ROUND UP - 17/12/18 Welcome to another episode of our favourite show - ALT-COINS brought to you by FELIX! Since our last breakdown for XRP, which stated that we will find firm support at 0.28$ to take us to 0.34$. This was achieved with total precision and we saw the rejection for XRP from 0.34$! Now what can we expect next ? What can we see on the 1 hourly charts ? - On the hourly chart, we can see that our initial theory of resistance being seen at 0.34$ came to a reality. Now, I suspect this bearish activity to continue until 0.318-0.30$ before any bullish activity resumes. I would recommend that everyone who entered at 0.28$ places SL @ ENTRY and lets this one run because upside potential is currently phenomenal on a short term basis. This is in line with EMA on the 1 hourly being used as support at 0.318-0.30$ and it will take huge bearish activity to break below this level. - We can see that on our momentum indicators from current levels on RSI/ROC, we can expect a retracement to at least the 60 level on RSI/ROC on the hourly charts and this lies in line with support being found at previous ceiling of 0.318-0.30$! Likewise on RSI stand alone indicator, we can see a drop towards 45-40 level is necessary for XRP to find strong support once again. - On the hourly, MA can be used as support from 0.32$, therefore, it could be evident that we don’t even test 0.318$ but this level should be held in our head as a likely support zone. What can we see on the 4 hourly charts ? - On our 4 hourly chart we cab see that XRP bullish price action is quite fatigued from a resistance of 0.34$ and I expect a retest of previous price ceiling of 0.318-0.30$ before any real bullish momentum sets in. We can see on our momentum indicators that we should expect XRP to find support again on the 4 hourly charts at the 60 level for RSI/ROC (same level for 1 hour as support too) and we will need to see a retracement to 45 level on stand alone RSI indicator. THESE ARE AREAS OF BULLISH TENDENCY THAT WE SHOULD BE EYEING UP FOR NEW ENTRIES AND A BREAK BELOW THESE LEVELS INVALIDATES OUR CONCEPT. - AFTER that we can expect bullish activity to continue till 0.377$ firstly to meet EMA as resistance and it could well be evident that we spike to as high asa 0.39-0.41$ before any real bearish activity to our next downward target of 0.25$ sets in as next level of support. What can we see on the DAILY charts ? - We can see that essential 29 level on RSI was used as support and we can also see that 39 level on RSI/ROC was used as support. I expect bullish activity for XRP to continue till RSI is at 70 level and RSI/ROC is just a little above the 60 level on the DAILY chart. - Our main ceiling to the upside is the 0.377-0.38$ level and this was a previously STRONG support zone. This gives us even further reason, why the 0.41-0.43$ MAIN RESISTANCE zone may not be met. Remember, previously this level kept XRP alive and once we broke below this level it was the 0.377$ level that was being used as support. - We can see that daily EMA 200 is currently just above 0.45$ and thus we can use this as our maximum upward indicator - theoretically speaking, it will be difficult for XRP to break above this level. What can we deduce from all this ? - We can expect bullish activity from our 0.28$ entry to continue. Our first target of resistance at 0.34$ has held well and we can expect retracements into the 0.318$ zone before finding support to try and break the 0.377$ level, which was previously a VERY strong support. If this level is broken, then our final target for this move is 0.39$-0.41$. I know this is a big gap in profit taking space, but we literally could see a rejection from anywhere in-between those two take profit levels. For anyone who enters XRP at 0.318-0.32$ ensure that stops are at previous lows and previous support of 0.28$ - After this brief bullish move, we will get a slam dunk to 0.25$ and then finally to 0.15$, if 0.15$ is broken, then final support lays at 0.10$ AND THEN MOON GOD WILLING. PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITFINEX:XRPUSD
by UnknownUnicorn1824771
2
BTC TO FALL TO 3380$ BEFORE FINDING SUPPORT TO 3800$BTC (FINEX) INTRA-DAY BREAKDOWN - 17/12/18 Welcome to another episode of our favourite show - bitcoin brought to you by FELIX! I have been heavily concentrating on XBT price action as of late due to the bearish nature of the market. But, I think its time that we took a good look at the bullish price leader (BTC) FINEX! So what has occurred since our last breakdown ? On the 11th of December I stated in a intra-day breakdown that FINEX will test 3650$ and see a rejection from this level in accordance with our BITMEX analysis, which can also be found on our TradingView page. We saw support average at 3323$ and our indicated zones on RSI/ROC and RSI standalone were used as support in line with our bitmex analysis (remember they follow each other). Now we will take a deeper look at the next move we can expect! WHAT CAN BE SEEN ON THE 4 HOURLY CHARTS FOR BTC ? - We can see that since the 43 level on RSI/ROC was used as support at just below 3323$ (our pre-outlined support zone) in line with the black line on RSI/ROC, which we stated was a zone of bullish tendency, BTC had bullish activity to just below 3650$ ceiling. Remember, I had posted LONG XBT analysis at 3150$ and stated that for BITMEX our target would only be to 3427$. - We can see that since 3650$ ceiling was tested, BTC is looking oversold on the 4 hourly charts on both momentum indicators. Lets firstly take a look at the RSI momentum indicator. We can see that the infamous short level of 82 on this indicator was achieved - historically, BTC has a tendency to collapse from this zone as it often runs out of bullish momentum driven by finex. We can also see from looking at our RSI/ROC indicator that the 65 level on this indicator has currently been achieved and I expect further down action till the 53 level on the 4 hourly charts on this indicator before any bullish momentum comes back into BTC. - None the less, on the 4 hourly charts, we can see main BEARISH RED TREND LINE on price chart is showing us that BTC has maximum upward movement till 3850-800$ for this intra-day move and in order to achieve this price level without exhausting bullish momentum, then we will have to see a spike down to previous support levels at 3400$ and in line with this MEX as stated in our most recent breakdown should see a drop to 3250$ support zone aswell. WHAT CAN BE SEEN ON THE 1 HOURLY CHARTS FOR BTC ? - We can see that again BTC is on its last knees of bullish momentum and we are currently maintaining price above 3480$ support quite artificially judging by our momentum indicators. We can not rule out a retest of 3650$ ceiling before the bulls realise they just can’t break this level without gaining further bullish momentum at one of our downward targets. - We can see that previous price ceiling before this breakout was at 3380$ and a retest of this zone could be quite evident in finding support towards our upward targets of 3800$ before a final break to the downside (our medium term perspective is still very very bearish). - We can also see that EMA 200 is currently at just below 3450$, thus on our way down to 3380$, our main zone of bullish confluence will be in line with EMA support at 3450$. Thus we can deduce our bearish targets for this move to be 3450$,3400$ and as low as 3380-50$ before any solid bullish momentum is found like we did at 3320$ previously. This also stays in line with the idea of higher lows being formed to maintain bullish momentum and not let bears take over just yet before 3800$ is reached on FINEX. - I expect a drop to come from current region on RSI/ROC to 53 level where we will once again line up with black trend line of bullish support on this momentum indicator - this is where we should be thinking to go long again. WHAT CAN BE SEEN ON THE DAILY CHARTS FOR BTC ? - On the daily charts for BTC we can see that the BLACK trend line on price chart has consistently been support for bitcoin for a very long time and the other descending black lines on price chart have been consistent resistance with the RED trend line on price chart being the most intra-day/immediate trend line. There seems to be somewhat of a larger wedge forming at current price levels, thus a break of our CLEAR resistance zone of 3800$ will lead to us evaluating bullish activity to the upside move - at least to 4150$ (weekly EMA 200 is currently at 4100$ and this level will be difficult to break) and also, 4435$. - This is not to suggest BTC will not follow our plan of a intra-day rejection from 3650$ to 3380$ before finding support at 3380$ and having another crack at 3800$. ITS JUST TO SAY WHAT IF/ WHAT WILL HAPPEN IF 3800$ IS BROKEN. - Indicators such as RSI/ROC showing slight bullish tendencies on the daily with main resistance at 65 level on the daily since we have used initial 56 level resistance on RSI/ROC as support. Again, evidence of bullish activity to 3800$ being validated but again as ive stated, this is not physically possible without a drop to reset smaller time frames to bullish zones of tendency. All in all, we can deduce that we should expect 3650$ ceiling to hold given a bearish price leader drop from MEX at 3427$ and once this occurs this should drive prices on FINEX down to lows of 3380$ and MEX should be at 3250$ before we see support to 3610$ for MEX and 3800$ for FINEX. REMEMBER, WE ARE STILL BEARISH IN THE LONG RUN WITH DOWN WARD TARGETS TO LOWS OF 1750$ BEFORE BTC FINDS ANY MAJOR REAL SUPPORT TO DRIVE IT INTO A BULL RUN! PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE!
BITFINEX:BTCUSD
by UnknownUnicorn1824771
XBT INTRA-DAY UPDATE - 17/12/18 XBT INTRA-DAY UPDATE - 17/12/18 OUR MOST RECENT INTRA-DAY updates at 3610$ to open shorts till 3150$-3250$ WAS ACHIEVED! Moreover, once price was at 3300$, I made another update stating that we will probably see more bearish activity till 3150$ and at this price, we will be looking to open long positions again with the stated targets of 3300,3350 and finally 3427$. Like the wizard I am, we saw this occur and essentially the rejection is now coming in at 3427$. This is a new INTRA-DAY UPDATE and we will look at what to expect next for XBT, which is a futures product created by bitmex that is essentially controlled by the bearish cryptocurrency traders and XBT moves in line with BTC (finex), the other pair we focus heavily on from a bullish perspective as FINEX is a bullish price leader whereas MEX is a BEARISH PRICE LEADER. What can we see on the hourly charts for XBT ? - We can see that as expected we saw a rise to 3427$ and at this price, we saw the ceiling come into play once again. We can see that EMA 200 currently lies just below price at 3320$ on the hourly chart. We can also see that the nearest down trend line for major resistance is currently at 3610$ (another level we need to be eyeing up for further upward movement and a rejection as this is a clear resistance zone just like 3410$). - None the less, with general bullish price action looking very fatigued and with most momentum indicators at oversold levels, I feel that a rejection from this 3427$ level is imminent. We will need to keep an eye out for support being used at 3320-3300$ as this was a previous resistance zone and now a price floor. We can see that on the hourly, RSI/ROC (the bottom indicator) is extremely oversold and looks like a wedge out resistance on this chart is coming to an end. We will probably see a drop to the blue line on RSI/ROC for further support and this lies at the 52 LEVEL for RSI/ROC. Moreover, we can also see that on RSI, we have slightly spiked above clear bearish territory indicated at 81 level but I see a drop to the 60 level for further support as a necessary step for the next move XBT/BTC has lined up. - These drops in the short term will lead to 3300$-3250$ level, which was a previous price ceiling and now a price floor. What can we see on the 4 hourly chart for XBT ? - We can see that on the 4 hourly charts, just like the hourly charts, the bullish price action seems fatigued now that we are at the 3427$ ceiling. We stated in our previous INTRA-DAY breakdown for XBT that we should expect to see support at the 40 level for RSI/ROC and this was our indicator for a long entry on XBT. I also planned well ahead and stated that once we reach the 62 level on RSI/ROC, we should use this level as resistance in line with a price increase to 3427$. We can also see the black trend line on RSI/ROC, which was previously a support on the hourly charts and is now acting as a resistance - its important to note that this black trend line on RSI/ROC could be used as support till 3427$ once again to cause short REKTs on the hourly charts. None the less, on the 4 hourly charts, we can see that this black trend line on RSI/ROC is in fact a resistance in line with price and 62 level on RSI/ROC. - Moreover, looking at our RSI momentum indicator we can see that the 81 level, which was suggested as a resistance to keep an eye out for shorts is holding up very well on the 4 hourly charts. We can expect a rejection from this level to 37-30 LEVEL for support and this should be in line with a drop back down to 3250$. Now we can deduce that this level should hold for the bulls as support and we could even get some slippage back down to 3200$ in essence. What can we see on the DAILY chart for XBT ? - On the daily charts, we can see that MA is currently being used as resistance but we can also see that downtrend line currently lies at 3610$ and bullish activity to this price will not occur instantly but only after price drops have occurred on the 4 hourly and 1 hourly zones to our bullish support zones on our price chart and momentum indicators. Therefore, what I currently have in mind is that the BITMEX bears will drop price back down to 3250$ and 3300$ at the minimum in order to use previous resistance/ceiling zones as price floors for increased upward momentum to a maximum price of 3610$ on MEX! - We can also see that whatever bullish activity we receive will and should be considered a short squeeze and not a long term trend/ or even a medium term trend to the upside. We can see on our RSI/ROC indicator that we are near a breakout to the downside and our main focus should be to time our shorts to our next downward major targets of 2.1k,2800$ and most likely medium term support of 2950$. What can we deduce from all this ? - We should EXPECT a rejection from 3427$ for now but this may only occur after some sideway movement to highs of 3450$ as the hourly is currently at a brief but weak support. - To the downside, following a rejection from 3427$, we can target 3300$ as our first target and 3250$ as our second target. This will allow us to create higher lows and also eventually lead to higher highs before a breakout to the downside at 3610$. Moreover, for any reliable short squeeze to 3610$ to occur then we must return to previous major support zones first. ENSURE TO FOLLOW OUR INSTAGRAM PAGE DOWN BELOW AND CLICK THE LINK IN THE BIO FOR OUR FREE VIP CHANNEL TO STAY UP TO DATE!
BITMEX:BTCUSD.P
by UnknownUnicorn1824771
BTC to edge higher before another WRECK!XBT INTRA-DAY UPDATE From our latest intra-day update I stated that wicks into the 3250$ zone would occur and we would find support at these levels before going on to test 3427$ first and then 3610$ thereafter on MEX. None the less, as I stated 3427$ was the first major resistance and this was difficult to break through. We saw a rejection at this level to create a lower high from 3610$ and since then we have invalidated the higher low concept as can be seen on our chart with a rejection from 3427$ leading to support being found just below 3200$. From the deduction segment of our last breakdown I stated ‘Thereafter, REAL bearish activity can start from these levels and then we can use these support zones as downward targets as low as 3063-2950$ on an intra-day basis’. I also stated to you guys that ‘’REMEMBER OUR LONG TERM TARGETS TO THE DOWNSIDE ARE MUCH GREATER THAN THE UPSIDE POTENTIAL SO IT MAY BE A GOOD IDEA TO STAY SHORT BIAS RIGHT NOW AND SHORT FROM HIGHS RATHER THAN BUYING AT LOWS ON MARGIN’’. What can we see on the 4 hourly charts for XBT ? - We can see that after finding support just below 3200$, we failed to receive the usual pump we usually expect to receive at these levels. Instead, we have received excessive sideway movement at support - thus, indicating that the bulls maybe losing momentum in this fight to hold prices up and bears have increasing strength. - On the 4 hourly, our momentum indicators are at support zones but looking at it from a 1 hourly viewpoint, then we can expect a rejection from current zone back down to 3150$ region, where the bulls will have another attempt to hold prices up. If these levels are not held up then we can expect further drops to as low as 3060$ (this has been a zone we have been eyeing up for support activity across the majority of this week and also, a downward target we are scoping). If this level fails to hold (and it is extremely likely that this will be the case, then we can expect a further drop into our final theoretical support zone of 2950$. If this level is broken, then hell may break loose and swift achievement of our 2100$ conservative downward target could be achieved. - None the less, looking at the 4 hourly charts from a wholesome viewpoint, we can also see that for the next major meltdown to our downward targets to occur, we must really test 3350-3430$ zone once again for us to be in bearish momentum zone once again and also, use current supporting momentum correctly. Thus, we can deduce that price will most likely find support at 3150$ once again and go on to test highs of 3350-3427$ before any real major bearish activity begins. - On the 4 hourly charts, we can expect RSI to fall to 15 level before any bullish activity can be expected. - On the 4 hourly charts, we can also expect RSI/ROC to begin giving us short (green lights) once this momentum indicator reaches the 62 level to the upside and this should correlate with 3350-3427$ region in price. - Will the 3350$ level be difficult to break to the upside ? Yes, because that was previously a major price floor and is now a major ceiling. What can we see on the hourly charts ? - I went into a lot of detail on the 4 hourly side of things, while taking a look at the 1 hourly chart, so this will be brief. - We can see that MA’s are currently being used as resistance to assist a drop to the 3150$ zone we stated. - We can see that RSI is being rejected on the hourly and is well on its way to 15 level for support on the hourly. After going long at this level, you should use 37 and 60 level as sell indicators - 37 level will hold well imho. - We can see that RSI/ROC is at infamous support level of 40 and upward activity from this level is inevitable in the long run for further drops to occur to the downside. As stated in our 4 hourly outlook, then we will probably drop before any long opportunity comes into play to cause REKT on XBT and MEX. Never the less, this 40 level has failed to create sufficient upward activity as of yet and even if it causes an increase to 3300$ on the hourly, we can expect this level to knock prices back down to our support zones to the downside. What to keep an eye out for ? - 3150$ support being used again to attain an increase to 3350-3427$ sell walls. - An increase from current zones won’t be beneficial in the long run for price action but would rather lead to early rejection from zones such as 3300-3310$ previous support now a ceiling. - If you are a conservative trader and want to trade in the dominant position, wait for an increase to the stated resistance zones before shorting and also, wait for momentum indicators to reach the levels stated for short activity to be safe. - SL for any calls will be given on our priority channel once the call is ready so stay patient. PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below.
BITMEX:BTCUSD.P
by UnknownUnicorn1824771
XBTUSD/BitMEX "QUICK 25x TRADEWhats up my Crypto fam! make sure to like and follow as that will allow other traders to see my content! Just finished up a zoom with some of my student's over in premium we did good posted signal at 3150's target was reached at 3180's QUICK 50X trade. Check out my discord to see all my PREMIUM PROFIT'S. as well as signals i post for free but anyways lets get to it! Above you will see i have posted a free signal on XBTUSD this will be a low leverage short i have opened down to around 3100 possibly lower. We hit resistance line and retraced as expected now. I am expecting to see XBTUSD ultimately to go down in the 2900's range potential relief rally up to 3100's again then down to 2600's. Thats all for now i wanted to provide everyone with a quick trade! Thanks, LiquidMEX !DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
BITMEX:BTCUSD.PShort
by SolStackz
ETH to ultimately fall to its knees at 42$ETH MID-WEEK ROUND UP Welcome to another episode of our favourite show - ALT-COINS brought to you by FELIX! What has occurred since our last major breakdown ? - I stated in our last major breakdown of ETH on our free VIP telegram channel (in our bio on this TradingView page by the way) that ETH is expected to break 133$ ceiling to our target of 80$. We have been calling 133$ initially since highs of 800$ and then adjusted this target to the lower level of 80$ as next significant support. Thereafter, it was stated FINAL downward targets for ETH should end at 42$ before breakout to the upside. Daily CHART BREAKDOWN - We can see that ETH is currently seeing resistance from our MA’s and max upside potential is only till 103$. Moreover, currently we look to be heading for a rebound of 80$ support level in order to create a double bottom at this zone before any sort of relief from the bears. 4 HOURLY CHART BREAKDOWN - We can again see that currently we are creating higher lows and higher highs on our 4 hourly charts since creating lows at 83$. To the minimum, we may need to see a rebound of this zone for our analysis to lay inline with our daily chart breakdown above. - None the less, its very successful to note that ETH has not broken back into the black trend line on candlestick chart, which was previously a strong resistance and now is a relatively strong support zone until price reaches minimum levels of 83$ before any upside activity to our maximum upside target of 103$. - Our momentum indicators such as RSI lie at relatively strong levels of support and on RSI it is evident that the black trend line is keeping momentum up on that chart. - Moreover, RSI/ROC showing bullish activity and looks like a test of the 76 level on RSI/ROC could well be on its way ; this should lie in line with a rise to 103$ previous price floor. - 200 EMA on 4 hourly chart lies at 133$, and a break of 103$ level will be a good indication of whether we should increase our take profit levels. None the less, the 133$ price ceiling is a maximum threshold and is much stronger than the 103$ previous price floor, which could easily be broken through. 1 HOURLY CHART BREAKDOWN - On the hourly charts, we can see that we are currently at a level, which could be broken below slightly further before any relief. How so? Well, firstly we have a bearish cross over on our MA’s on the 4 hourly chart. We can also see that RSI/ROC is moving towards support level of 39.55, which historically has acted as support. - None the less, RSI is holding up very well above black trend line indicated and a fall below this level will detrimentally lead to a fall to 80$ at least, if not previous lows of 83$. - 200 EMA on the 1 hourly is currently at 98$ and this has historically been a level we have seen significant resistance from the bears. - Once we get bullish confirmations, I will announce stop loss levels. ENSURE TO FOLLOW OUR INSTAGRAM PAGE DOWN BELOW AND CLICK THE LINK IN THE BIO FOR OUR VIP CHANNEL TO STAY UP TO DATE!
BITFINEX:ETHUSD
by UnknownUnicorn1824771
1
XRP TO SEE SOME BREATHING SPACE BEFORE BEING SUFFOCATED!XRP MID-WEEK ROUND UP Welcome to another episode of our favourite show - ALT-COINS brought to you by FELIX! Since our last breakdown XRP saw a rejection from just below 0.41$. Initially, I had stated to priority members and also, VIP members to long from 0.33$ to 0.43$ and here we would see a major ceiling, which would knock us back down to 0.30$. Now, what has occurred ? - XRP saw support at 0.29$ after melting from 0.40$ as predicted. Now remember that in the medium term, we still expect our next targets of 0.25$ and 0.15$ to be achieved with the next BTC meltdown below 2950$ as predicted. Therefore, for any HODLERS out there, the time is not quite right to HODL XRP just yet and further down action is still necessary. 1 HOUR BREAKDOWN - We can see that XRP used the 40 LEVEL on RSI as support and in accordance with this the 47 level on RSI/ROC was also used as support. I am mentioning these specific levels on our momentum indicators because they hold strong value. - We can also see that MA inside scalpers channel is being used as support currently. With respect to the 200 EMA, we can see that on the hourly it is acting as resistance just at the 0.33$ mark, so this will be a zone to keep an eye out for a rejection. A break of this zone will also mean that there are bullish price action confirmations to the next major ceiling at 0.38$. - None the less, as we can see on our momentum indicators on the hourly charts, XRP bull activity is running out of momentum on the 1 hourly and a rejection from just below the 60 level on RSI/ROC will lead back to support at 47 LEVEL, where we can think about opening long positions once again with tight stops. 4 HOURLY BREAKDOWN - We can see that again XRP is currently at support zones across our momentum indicators. None the less, as can be seen on RSI indicator that the tiny pump from 0.29$ to 0.31$ has already caused XRP to jump to near oversold regions on the 4 hourly RSI, with first major resistance coming in at 70 level RSI. This is not quite the same on RSI/ROC indicating that we will most definitely see highs of 0.34$ being created on the intra-day basis - we can also see that previous resistance trend line is now acting as a supporting trend line. - On the 4 hourly, we can also see that wicks to 0.34$ need to be filled to the upside before any real bearish activity begins. - This is all in line with our range-based analysis of BTC. - 200 EMA for XRP at 0.38$, indicating that this level could most definitely be tested before real resistance to the downside begins. DAILY BREAKDOWN - On the daily charts for XRP, we can see that we should not expect any real long term bullish activity as we still lay below previous support zone of 47 level on RSI/ROC - this level should now become a major resistance. - None the less, RSI on daily showing bullish activity with projected level of rejection coming in at 40 level RSI, which lies just at previous supporting trend line (BLUE) now a firm resistance lies at this level. - From a fundamental perspective, we can definitely rule out any bull activity above 0.41$ and previous price floor is currently at 0.377$ and a test of this zone would validate simple market concepts of breaking floors and retesting them as ceilings. SL levels - 0.300-0.2970$ ENSURE TO FOLLOW OUR INSTAGRAM PAGE DOWN BELOW AND CLICK THE LINK IN THE BIO FOR OUR VIP CHANNEL TO STAY UP TO DATE!
BITFINEX:XRPUSD
by UnknownUnicorn1824771
5
BITCOIN READY FOR SOME ACTION!XBT INTRA-DAY PRICE ACTION UPDATE Welcome to another episode of our favourite show - bitcoin brought to you by FELIX! What has occurred since our last XBT/BTC breakdown ? - I stated that a break above the 3427$ resistance right under the descending wedge will have us retesting 3200$ support and that a break above this level will lead to 3610$. Initially, we stated in our FINEX breakdown that finex could test highs of 3800$ before dropping again. During this time, I also updated our XBT trade on the priority channel by stating that a break above 3427$ would lead to 3610$. Once this level was reached, as expected, we got a rejection from this level back down to support of 3427$. Now what is the next expected move for XBT ? 1 HOUR CHART BREAKDOWN - On the 1 hourly chart, I expect further decline to 3350-3300$ zone. Previously, this zone was a support zone and for us to maintain movement within the 3600-3200$ price channel this will be necessary. We can see that XBT has been using the resistance line of wedge as support and refused to get back inside the wedge. Now we will probably see a rejection from the 37 level on the hourly RSI and also a rejection from 40 level on RSI/ROC on the hourly to the 29 level, which historically acts as support. - Lets take a look at our moving averages on the hourly time frame and see how they are reacting ? We can see that the 200 EMA stands as resistance at 3610$ and we can also see a bearish crossover between the MA’s. - I expect price to pull back into the descending wedge and use 3301-3350$ as support. 4 HOURLY CHART BREAKDOWN - Expect a pull back to the 37 level on RSI and I believe this should coincide with a retracement to 3300$. If this level is broken, then we break out of descending wedge to 3200£ support. None the less, either of these levels will act as support due to our key momentum indicator on the 4 hourly (RSI/ROC), showing that support is most likely at the 55 level. DAILY CHART BREAKDOWN - Out of all our timeframes, the daily is looking most bearish as it is at resistance of 55 level on ROC/RSI. This is in line with the fact that the black trend line indicates a resistance on ROC/RSI. Moreover, RSI is at major resistance level on the daily (historically speaking) of 37 level (this level was previously a supporting level). - The daily chart is showing us that the next couple of days could turn very bearish for BTC and we could well make our way to initial end of week targets of 2950-3060$. HOW CAN I TRADE THIS INFORMATION ? - If you are to go short at current price, please ensure you place stop loss right above 3460$ (tight) and i would not recommend a loose stop loss in this situation due to volatility. - Conservative take profit is at previous low of 3200$ and risky take profits lie between 3063$ and 2950$. - IF YOU HAVE INTELLIGENTLY FOLLOWED OUR WEEKLY TRADING OUTLOOKS AND SHORTED AT 3610$, JUST COMFORTABLY MOVE SL INTO PROFIT OR ENTRY AND LET IT RUN! ENSURE TO FOLLOW OUR INSTAGRAM PAGE DOWN BELOW AND CLICK THE LINK IN THE BIO FOR OUR VIP CHANNEL TO STAY UP TO DATE!
BITMEX:BTCUSD.PShort
by UnknownUnicorn1824771
Ethereum Highest Volume on BitMEX; What Next?Ethereum (ETHUSD) on BitMEX has printed its highest volume bar since trading started on that exchange. This volume came with a Doji candlestick, which is a reversal signal. If ETHUSD price can break and close above EMA10, this would confirm a very strong bullish signal. You can see the different possible scenarios on the chart. Thanks a lot for reading. Hit LIKE if you enjoyed this analysis... Your support is truly appreciated. Namaste.
BITMEX:ETHUSD.P
by AlanSantana
3
XBTUSD December 5.2018As predicted BTC continued the dump, we are still in short trend until NINA will print some reversal signals. the market cant rise from this bottom until support will build at current price around 3400-3700, We need to see some green volume spikes mean buyers are back. planting fear in trades is the easiest way to drop the market, luckily us we got NINA to predict it and can trade the short term. Good luck. Join our @ilovenina group on telegram and start use NINA script on your charts.
BITMEX:BTCUSD.PShort
by BITBITcrypto
XBTUSD December 4.2018The market continues with the downtrend after trying to come back to the triangle area it was failed as bears start to sell fast around 4000$, The current resistance line. Minor support, the blue line will be checked soon. Nina is on short from 3970. NINA MTF signaled the short at a price 4080. We get mixed news from several sources on the crypto market which reflect perfectly on the chart. We are now on the psychological phase, people buying and selling according to rummers and fake fomo comments. We will not get stabilized until BTC will print flat line for a couple of hours building the next movement to any direction. For now, the BTC is short. Today was a good day; I was building my extended long position thinking to start buying every 200$ for keeping a small gap to exit point. Got 120% (high lav) profit at bitmex, and NINA starts to show me the signs of weakness. That was my cue to change my mindset for the long term, and I close the position, short it from 4040 to 3890. Never trend against Nina meaning never trend against the trend. That is the real power behind NINA Algo. Our pro members doing great as they are not taking any risks with the Alts, or on bitmex trading. join us to ilovenina on telegram and start trading with Nina on your trading view charts right now. Be Smart. If you enjoy the daily update, let me know and like it if you think it worth something.. :)
BITMEX:BTCUSD.PShort
by BITBITcrypto
TRXZ18 LONG POSITION 10x , Trading strategy!!Whats up my BitMEX krew!?! Yet again another trade with Leverage that we will make VERY nice gains off!!! Shout out to my Students you all know who you are and im taking you guys to the top with me! PM me for Crypt0W1SE LINK!!! ASK me about how to join my Mentorship program for BitMEX!?! I am seeing so much progress in my new students and its only been a week!!! Check me out i am doing LIVE TRADES with SCREEN-SHARE it is the best way to learn in the fastest amount of time! TRXZ18/BitMEX Support found around 350's Reisistance found around 380's Above i have given you guys some targets if you want to know the ENTRIES and TARGETS then i hghly suggest you PM me for my trading community link that way you can get all updated position's in real time as i update my students/Premium members consistently. !DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
TLong
by SolStackz
ETHUSD/BitMEX: INCOMING RESISTANCE LONG 20XWhats up cryptopians!! As we can see ETHUSD has UPTREND, Above i have posted a chart of resistance points! If you are looking for a community to trade with on ZOOM in REAL TIME with LiquidMEX sharing his SCREEN then drop me a comment below or send me a personal message and i will send you the link to my platform where we are trading on BitMEX as a group. I also have trading courses that i am starting to mentor NEW traders on BitMEX as my reputation on BitMEX speaks for itself. ETHUSD OVERVIEW Tested resistance at 120 Rejected. Will retest 120 when Shortly will breakthrough as BTC is going to 4700-4800 at the moment. Personal Trading plan has not been established yet with ETHUSD though i will keep you updated on how i will trade this, Most likely with lower leverage around 20x with ENTRY at 117-119 !DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
BITMEX:ETHUSD.PLong
by SolStackz
3
Quick BitMEX trade IDEA's! CHECK IT OUT Whats up cryptopians!! lookgs as XBTUSD has Dropped not sustaining the UPTREND, Above i have posted a chart of a few quick trade ideas. If you are looking for a community to trade with on ZOOM in REAL TIME with LiquidMEX sharing his SCREEN then drop me a comment below or send me a personal message and i will send you the link to my platform where we are trading on BitMEX as a group i also have trading courses that i am starting. Yesterday we did around 10 trades with HIGH leverage between 50x-100x out of those 10 trades 8 were profited with above 30% a trade and 2 were closes at slight loss of around 10%. OVERALL very fun time and everyone was happy! !DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
BITMEX:BTCUSD.P
by SolStackz