Bitmexsignals
XBT BREAKDOWN - 23/10/18Following my most recent intra-day update for priority members, I stated that we should expect to short around 4400$ and if you did exactly that then you are laughing now - remember, I held up this short for quite a while.
Now, in line with my most recent finex update, I stated that finex should drop to 4200$ and now its currently at 4300$. This call was given when BTC on finex was at 4400$ there. PLEASE EXPECT XBT TO TEST 4000$-4040$ ON THIS INSTANCE BEFORE FINDING SUPPORT HERE AND BEING STUCK IN A RANGE BETWEEN 4400-4040$. DURING THIS TIME YOU CAN EXPECT FINEX TO ALSO BE STUCK IN A RANGE BETWEEN 4400$ AND 4720$.
As you can see we have divergence on both momentum indicators on our chart.
RSI/ROC showing that we should expect a upward spike following a long squeeze to the downside.
RSI - RSI ON THE 4 HOURLY showing that we are at a resistance and that we should be stuck in some sort of price range before a move down too.
Priority members should have taken this trade early, so I won’t mention stop loss for now but per usual if you do want to use stop loss then please just ensure its at a previous ceiling.
if we do break below 4040-4k then please expect a very swift drop to 3,333$ for MEX.
Support and ResistancesNothing much interesting going on with Bitcoin at the moment with same ranging zone. 4H and 1H signaled long and positions remain that way unless stopped out in profit. Red blocks are resistances to break, Green block is the soft support that should not break inorder to hold the fort. Staying long for now as per the strategy in use. SL in profit.
Bitcoin cash 20x SIGNAL ALERTHow's it going everyone?!? Thank you everyone for liking and following my content! Much more to come. We will all continue to keep profiting together in telegram chat. We actively trade on ZOOM daily!
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Below i have made my new prediction for Bitcoin Cash on BitMEX
!IF WE GO BELOW 0.045 WE WILL CRASH!
!SIGNAL ALERT!
Entry: 0.045-0.055
Leverage: 5x-20x
Targets are supports below
KEY RESISTANCE 0.065-0.072
SUPPORT"S for uptrend.
1. 0.065
2. 0.069
3. 0.073
BTC possible INV H&S playing outPossible INV H&S playing out, first we need to see the right shoulder form and rebound off of the trend line (red). Once this happens we can now start to actually look at this as an inverse head and shoulders pattern. Next we wait for the neck line to be broken. from here the price should shoot up to $6400, around this area is our long term down trend resistance line (black), once this is broken we go LONGGGG.
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Spring OR Bust?Watching this one unfold... Ready to make a move after the market seems to have decided. It is still a decent trade (RISK) to go long with a TIGHT STOP BUT their has been NO SIGN of a reversal (bear market being over) so the TREND IS STILL YOUR FRIEND UNTIL PROVEN DIFFERENTLY. Stay safe and do not jump into a trade.
BITCOIN XBT - NOVEMBER SHOULD BE INTERESTINGBULL OR BEAR I'M WATCHING THIS...
SO HARD TO SHORT HERE AS LONG AS 6250 HOLDS AND OBVIOUSLY 5800...
WHY SHORT HERE... RATHER BE PATIENT
WAITING AND NOT TRYING TO KNIFE CATCH THE BOTTOM REVERSAL... BUT WE'LL SEE
THE TREND IS YOUR FRIEND (STILL BEAR) UNTIL PROVEN OTHERWISE.
NEUTRAL && IN NO POSITION ATM
GOOD LUCK AND BE LIKE WATER. NOVEMBER AND DECEMBER SHOULD BE INTERESTING...
LTC ON BITMEX WATCH ZONE FOR LONG OPPORTUNITYLTC is finding support around 0.0075-0.008 BTC on Bitmex.
We can see slowly gaining volume and possible break out of triangle in uproming days.
Depends on BTC...if BTC goes down , LTC will follow.
Only for brave.
Watch short signal and indecision around 0.00865-0.0088 BTC.
Stoploss you can put bellow previous support
Leverage 5-10x
BITCOIN: why im short term bearish until BAKKT!-Showing possible bearish divergence
-Top of ichi acting as resistance until this is broken downtrend should continue
-Price crossed under 70 SMA
-Bands are tightening a strong move should follow soon
A break under the channel at 6350 and we will retest 6100-6200 level
BITCOIN.. boring as hell, but possible small dump incoming!Bitcoin has been dragging along for a bit now.. but im seeing a few bearish signs on the 4HR.
We broke triangle upwards but have now come back down due to lack of volume, we also have:
-Bearish MACD cross
-Possible cross of 5 and 20 SMA
-The top of triangle is acting as current resistance until we get out of this zone im short term bearish
A break of support at 6350 and we should test 6100-6200 again, bulls need to push past 6470 for any chance here.
$NEO #NEOBTC Technical Analysis - Day Trader ExplainsHello Lads and ladies,
Today we will be looking at NEOBTC, requested by myself this time, since I saw this amazing opportunity on NEOBTC, I thought I have to let everyone know and follow it myself.
So to start off, today TA is not very hard to do and should be obvious from the second you look at it, therefore we will immediately start with it.
Looking at NEOBTC we see a big downtrend channel, respecting both downtrend resistance and downtrend support even with the exact angle. Now finally like many other coins NEOBTC has come down to its very bottom.
Nevertheless, we see that it is going extremely flat and confining its support very very clearly. Which in this case would mean that we have a strong support and the price is at this support.
Having this type of trade set up provides one with almost the BEST Risk Reward Ratio because the trade would be invalid if NEOBTC breaks its support, yet the losses compared to the possible earnings are very very small since the price is at the very bottom.
The NEOBTC chart here is even on the daily chart and seeing such a flat movement on the support means most of the time a big accumulation and then being followed by a very nice breakout and pump.
This increase in buying can also be seen while looking at the increasing RSI,yer really flat chart.
This once again means a bullish divergence with an increasing chance of a breakout.
Based on the pretty obvious TA above here is how I will make my own trade.
NEO/BTC Bitfinex
BUY 2570 - 2550 - 2525 - 2500 - 2495 - 2375
Targets 3369 - 4510 - 5722 - 6706 - 7904 - 8845
STOP LOSS CLOSE below 1800
$ADA #ADABTC Extensive Technical Analysis - Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs Daily TA session, today requested by the Elite Trading Group, we will be taking a look into ADA/BTC on Binance and yet combine it with a trade opportunity on BitMex.
If you are following my TA long enough, you know exactly that I love trading ADA/BTC and it has been pretty accurate overall. Today once again I will jump straight into it, using horizontal supports/resistances, trend-lines, trend-angles and important zones.
We see with ADABTC here pretty much a similar outcome like we see with many other alt coins at the moment. First a big big crash and now finally some significant bounces and sustainable sideway movements without crashing immediately again.
Looking at ADA we have a nice up trending angle for the uptrend support indicated in red here. This "good" angle is very important because it gives us more room to have a small retracement and load up the longing positions without leaving or reversing the trend.
The first big bounce has been really amazing and has shown once again that ADABTC is not dead and people are still very interested in buying it and not letting it go too deep. Nevertheless, it had its small sideway action and moved down a little afterwards to re-test that uptrend support, the small bounce that it had from there is in my perspective not enough for it to immediately moon and go back up. As I thought, it stayed pretty near to it but has not re-tested it a second time and now it is in some way or another a pennant. This pennant is showcased in the white colour and is providing us with a small support but as well resistance. It would have a bigger move up by breaking the resistance than just breaking or wicking down the support. It has a lot of buying possibilities below that white support in small steps from each other. On the other side upwards.. it has fewer steps with more space between them, giving it allowed sell pressure and room to pick up some momentum and pump it a little at least to our showcased targets.
We have at the top actually two important zones, one is the yellow profit taking zone and the other is the strong shorting zone. This is because in the yellow <you can easily take your profits and be happy to buy the next sub or burger, yet in the strong shorting zone you would have a very very good RRR for a SL directly above it and with staggers inside it. I hope you see and understand what I mean by that.. A small zone, with just small wicks yet in it, staggers inside it to make your avg entry as high as possible and a SL behind/above which would also mean a nice impulse move by ADABTC. What do you need more for a nice and safe shorting position?
Now, taking a look at the indicators.
FOMO has had a nice short and is now probably about to turn, and if it does not turn yet, it might just fill our orders and will then turn green and give us nice uptrend.
RSI is overall trending up from a very oversold area and has not been near 70 points for a really long time.. this has a great chance of happening since the longer it takes the stronger comes the pull upwards. Moreover, taking an exact look on RSI you will see that the very last small wick has not made anything big for it. Which leaves the RSI support flat but chart RSI trending upwards, which is from my understanding a hidden bullish divergence.
Taking a look at my desired StochasticRSI, we can very well see that it is at the bottom and turing upwards, indicating us the next possible move upwards pretty soon.
VJs Trendline indicator also seems to bending upwards and turning green pretty soon, so from my side a lot of things are speaking for a long position which I have displayed in the chart and will put now in a nice format of how I will make my own trade, for all lazy readers here.
ADA/BTC (ADAZ18)
LONG (max 10x)
Staggers - NOW - 1160 - 1139 - 1116
Targets - 1210 - 1259 - (1300-1335)
Stop Loss at a CLOSE BELOW 1095
SHORT THE RED ZONE (1336-1390) SL behind 1400.
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
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Cheers, TJ
ADA hurry up and do something.. *Poke*ADA has been a tight little range for a while and on the 3D i am noticing some bullish indicators..
-MACD bull cross recently
-Bullish divergence on RSI, although the stoch is in danger zone.
-Broken descending wedge recently
-Price almost crossing bollinger basis/3 day recent high
-Painting morning star
Watching the grass grow is as exciting as watching BTC right nowBTC 12HR
We have been consolidating sideways for a while now between 6400-6600, for me this is no mans land, a few indicators are looking bearish to me though..
According to futures data 72.35% of retail traders are long, thats ammo for a large down move in my opinion, although we have BAKKT coming up next month so i am bullish, but for now expecting a slow move downwards while BTC market cap spreads out the alts get some love.
Most pro traders and big money are sitting on the sidelines, we need some news or a major event for BTC to get moving!!
-Forming wedge
-MACD looking bearish to me
-Bear div on STOCH RSI
-Price crossing under EMAs again
$ADA Ready to POP!MACD cross on 4hr, watch for break of triangle and TD resistance for opportunity to long with 1411 as first target.
BITCOIN.. will it go up or will it go down?:P Current thoughtsPotential MACD death cross on BTC 1D means we could possibly see more downside.. I am bullish on bitcoin in the long term but i think the daily stoch RSI needs a full reset before the bull run starts.
Using simple line graphs ive outlines confirmation points for long or short trades.