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BTC-ETH-XRP

BTCUSD approaching support, potential bounce!BTCUSD is approaching our first support at 3819 (61.8% & 100% Fibonacci extension , 78.6% Fibonacci retracement , horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 4254 (100% fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:BTCUSDLong
by easyMarkets
2
LTCUSD approaching support, potential rise!LTCUSD is approaching our first support at 29.91 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension x2) where a strong rise might occur above this level pushing price to our major resistance at 32.60 (61.8% Fibonacci extension , 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding rise in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDLong
by easyMarkets
2
BTCUSD Approaching Support, Potential BounceBTCUSD is approaching our first support at 3059 (61.8% Fibonacci extension, horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 5001 (100% fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:BTCUSDLong
by easyMarkets
3
LTCUSD Approaching Resistance, Potential ReversalLTCUSD is approaching our first resistance at 36.70 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 32.62 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (89, 5, 3) is approaching our resistance and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDShort
by easyMarkets
Slow and Steady WINS the race.Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% appears after that green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. // the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below // shorter time frames will be choppy. // larger time frames will be smooth. // *Daytrading smaller timeframes is possible but not recommended.
BNC:BLXEducation
by UnknownUnicorn2319099
1
Sometimes all it takes is a new method to trade. :)*** TA could hurt you more than it can help, takeout the guess work with 1 indicator. :) I know when i see bears. I know when i see bulls. EASY business. Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot -0.78% -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -0.78% -6.68% -7.44% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. // the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below // shorter time frames will be choppy. // larger time frames will be smooth. // *Daytrading smaller timeframes is possible but not recommended.
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
Critical signal has just occurred in BTCIt's very easy for us to get caught up in the short term charts when the weekly chart reveals the prevailing trend with far less distraction. Something not seen since 2016 has been confirmed in the last 48 hours - a death cross between the 20 and 50 EMA on the weekly chart. This should be considered incredibly bearish , not only for Bítcoin, but also for the key altcoins such as ETH, XRP, BCC, EOS, XLM and LTC - but does also present an excellent opportunity to buy further cut-price altcoins ahead of the next epic bull run. The significance of the weekly 20 EMA should not be underestimated - just look at what incredibly strong support it played through all of 2016 and 2017, and what incredibly strong resistance it has played throughout 2018. The behaviour of this death cross can be clearly seen: 20 EMA acts as strong resistance, pushing Bítcoin down to the 200 EMA When Bítcoin eventually broke through the 20 EMA, the 50 EMA pushed it straight back down to the 200 EMA When Bítcoin finally broke through the 50 EMA and created a golden cross it triggered the beginning of the epic bull run which peaked in Dec 2017. Under the current trend, by the end of 2018: 20 EMA will be around $6000 50 EMA will be $6500 200 EMA will be $4500 More specifically if this scenario plays out again: The 20 EMA will push BTC down toward the 200 EMA, meaning a series of bounces between $6000 and $4500 throughout part (if not all) of 2019. The crucial moment will come when we can get back above the 50 EMA and create a golden cross. Last time this took just over a year... how long do you think it will take this time? Let me know in the comments below. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
BNC:BLXShort
by BCryptological
1
Orderly Market, Risking $200I like this trade. Too many consecutive red days. That news that Blackrock was entering crypto was too significant for the price to fall so steadily without some kind of small rebound at least. This uptick is clearly a new trend, so I start the fib line on July 16th, and bitcoin has followed fibonacci accurately in the past. If the trend fully retraces, like in most cases, it should get a small uptick. This assumption comes from experience. Typically, when a stock retraces the full move, you get a small uptick as people realize they can buy at the price they wish they could have had before the breakout.
COINBASE:BTCUSDLong
by alipipefitter
4
Capitulate or Accumilate?I have been day-trading almost every single day since late 2016, Overall I'm long my dream buy is 1,800 - 2,000 Everbody thinks that we are out of the woods, I am betting against that. Just another lower high, didn't even come close to 10k, watch out for old-key support/resistance levels on ALL coins. I like to check big moves and pair it up with bitcoins performance at the time, a great run in January ($3 per XRP) and BTC was 19k. If ETF does become approved this could validate consolidation rather than capitulation. Past performance of BTC is always a great time-capsule although not a crystal-ball clearly some projects are even still very overvalued or undervalued shareholders decide their fate. 90 percent of these projects keep in mind are still a huge WIP if developers stay committed so will the shareholders. Happy trading everyone, and good luck!
BITFINEX:XRPUSDLong
by Cryptographic0322
BTC wedging up, about to retrace back into symmetrical triangle?It looks like BTC is wedging up (teal triangle) after it broke out of the symmetrical triangle. Rising wedges are trend reversals, and are more valid in uptrends. BTC looks to have also double topped (1,2) which is also signaling a reversal. We are also seeing positive momentum drying up on the MACD and RSI oscillators: Buyers are getting exhausted, and after a decent 17% rise in ~5 days after a 2 month long dump, this isn't surprising. Short term retracements are healthy if we want to see BTC continue up in the long term. If BTC breaks down, the measured move would be around 6100. It also may never reach 6.1k, it is quite possible it will test the .50 fib common retracement level at 6285 and then swing back up.
Long
by remlog
XRP/USDT forming downward sloping bull flag in an uptrendRipple XRP to the tethered USD is forming a nice sharp downward sloping bull flag in a uptrend. A downward sloping bull flag indicates seller exhaustion, making the bullish pattern even stronger. And when this occurs in an uptrend, the bull case is even more valid. To further drive my point home, XRP is wicking off of the 20-day moving average on the daily chart, using that area as resistance with a nice bullish candle body barely below it, and a long upper shadow striking through (see below) The fact that XRP still hasn't broke through its 20-day moving average shows we still haven't seen it's biggest gains yet. Once it breaks through the 20-day ma on the daily chart and closes with a nice green candle body above it, XRP will have a much greater breakout than the one we've seen this past week. This would be no surprise as XRP with the 3rd largest market cap has been beaten down for so long. The measured move of the current bull pole bull flag is around the 55 cent area, a ~13% upside. Good luck XRP.
by remlog
CRYPTO MARKET OUTLOOK SHORT TO MEDIUM TERMMarket is down everywhere. BTC is headed to 6K and maybe lower, ETH headed to $500 and maybe even lower, XRP is bound to test $0.57 and maybe lower... No EMA support underneath these top three coins now so only trend lines and market sentiment are left. Trend lines are bearish and market sentiment? I will let you decide. Sometimes, only really good news and ridiculously good bargains are the only things that can turn things around. Since I really dont see good news (regulation, scandals, Ponzi schemes, exchange thefts etc...), all thats left are ridiculously good bargains and the good news is that the closer we get to these lows the higher the chances of a reversal. What I find interesting is that Coins like ripple (XRP) that are very close to all time lows begin to shift the balance of power in the market to their favor. What I mean is that unless some of you believe XRP is headed to zero (no way), we are very close to zero. Half of XRP today is $0.32 Half of Bitcoin today is $4,000. I'm willing to bet that if XRP hits $0.32, there will be a lot of interest and buying will go through the roof be=ringing up market cap and influencing other coins including BTC. This wont happen in next 2 days but more like the next few weeks at least. Good luck and if you like my ideas/charts/commentary, please encourage by LIKING & FOLLOWING me.
BITFINEX:XRPUSDShort
by bilo2000
Shorting The Uptick Tomorrow, Half, Holding Other Half For .10Currently valued at 17 million, but the company isn't pulling a profit. The "record" increase in sales was marginal. The bitcoin announcement is what is fueling this sudden increase, but they only apply for $500 000 limit, which only adds 2.5% to their revenue stream. They only have 2 stores... You can see the momentum increase follows the fibonacci perfectly, which indicates the move is purely being driven by speculators. They also attempted to seek out an M&A, but failed to do so
RShort
by alipipefitter
IPO, DMGI BLOCKCHAIN SOLUTIONS, TSXV 46 MILLION SHARESVancouver cryptocurrency mining company DMG Blockchain Solutions Inc. has raised new capital with the recent announcement of a completion of a $28 million funding round. The financing will help DMG establish its bitcoin mining and mining-as-a-service operations within the newly emergent field of blockchain tech. Led by investment dealers Canaccord Genuity Corp. and Paradigm Capital, the funding includes the sale of 35 million subscription receipts at the price of $0.80 each for aggregate proceeds of $28 million. The closing was announced by shell company Aim Explorations Ltd. (TSX-V:AXN.H), which in September 2017 issued a letter of intent for a qualifying transaction to acquire all of DMG’s shares. Aim Explorations said in September that interest in DMG caused an amendment to an early financing round, which was upped from $3 million to $4.2 million based on “significant demand.” AIM is led by Geoff Balderson who also serves as director for a number of mining companies including Canadian International Minerals Inc., Argentum Silver Corp. and Goldeneye Resources Corp. DMG had earlier this month announced the launch of its new mining-as-a-service platform, which is aimed at Japanese retail investors in cryptocurrencies. The company says it’s set to purchase $3 million worth of hardware related to its network of cryptocurrency investors in Japan, which has emerged as a driving force in digital currency trading. “By enabling our customers to mine their own bitcoin in a clear and transparent manner, I believe we have the right offering at the right time,” said DMG CEO Dan Reitzik in a press release. “The Japanese demand remains strong and we plan to address the broader global market in short order.” Incorporated on September 7, 2016, DMG dubs itself a “full service blockchain and cryptocurrency company,” offering cryptocurrency wallets and software for global digital currency conversions and transactions, as well as a developer of payment and Internet of Things platforms based on blockchain’s distributed ledger technology. “DMG believes its smart contract-based blockchain technology can be used to monetize the Internet of Things (IoT), enabling intelligent Internet-connected autonomous devices to securely transmit and transact with low transaction fees for services executed by the network,” writes the company in a statement. The crypto-mining field is getting more crowded as companies push to take advantage of investor interest in currency mining, itself boosted by the meteoric rise this past year in the price of cryptocurrencies like Bitcoin and Ethereum’s Ether currency. One DMG director is Sheldon Bennett, who for three years led the Canadian arm of cryptocurrency mining giant BitFury. Recently, BitFury announced a partnership with new mining company Hut 8, a Vancouver currency miner which was given exclusive rights to own and operate BitFury’s data centres across North America, taking control of 22 of BitFury’s operations which altogether consume 24.2 MW of computing power. Earlier this month, Hut 8 announced it had raised $38 million in institutional capital in a private placement. Disclosure: DMG Blockchain is a sponsor of Cantech Letter DECEMBER 30, 2017 BY JAYSON MACLEAN
TSXV:DMGILong
by alipipefitter