Using Elliot Wave and looking at signs from past BTC bull runsSo this is confirming my last analysis of the recovering from recent pullback KRAKEN:XBTUSD . I am now learning to use elliot waves and can't help but see as part of larger bull trend we have entered the 5 waves moving up and the recent A B C retracement occurring within a falling wedge or channel using the 4hr chart. Of most bull runs we've had they start very similar. An initial 5 wave push up after 4hr golden cross towards golden cross on daily chart, followed by a 3 wave retracement testing the 200MA on 4hr chart before going into full rally mode. Again, I'm just starting out with TA and appreciate all input, any advice or feedback leave a like or comment below. Peace & happy trading - Wolfgang
Bullrunincoming
Welp, Lets See How This Chart Ages.Either the bottom is in or this is going to zero.
We may see a short retrace to the bottom of the pitchfork channel at ~.7 cents before continuing up.
We are sitting just under a major fib at the moment, but given the conditions of the market lately it wouldn't be a surprise if this turned into a impulse wave up.
(In my opinion it looks like we just completed a massive ABC correction downwards)
This is a very small market cap alt sitting at just over 5.3 Million dollars risk reward is there if you want to take the gamble.
As always DYOR and safe trading.
BTC Accumulation before 2020 Bullrun Hello everyone
Today I want to present you my opinion about situation on BTCUSD chart
Now we are in downtrend channel but the situation is going slower and slower.
At purple boxes I marked possible acummulation zones with some volume strikes inside them.
Also You can see a green horizontal line which now is a ressitance but earlier was a support, so until the price will go higher than this line we are still in downtrend but also we can see possible bullish triangle between purple and green lines.
So for me this is time to focus at trading to multiply your amount BTC.
For me the best strategy is using options and also set a strangle or straddle strategy and make money wherever price of BTC will go!!!
STEEM BTC - Market cycle analysisShowing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle.
Not an expert, not financial advise.
Biffy
Monero Long Term Trend :)Good evening ladies and gents. Hidden bullish divergence on the MacD and Bullish Convergence on the RSI (Weekly Time Frame)closing in at a critical area of support at the bottom of a long term uptrend. Just another position I have been adding for the long term trade set up.
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#GVT #GVTBTC $GVT BULLISH BAT PATTERN ON GVTI see bullish Harmonic BAT PATTERN on GVT, let's follow up what is going on?
NTRS Out of Consolidation Phase?
Over the past 6 months, we have seen that NTRS is consolidating in the 88.00 - 100.00 zone, with 100.00 acting as a firm resistance level. Last Thursday and Friday (24&25 October), we saw that buyers pushing and close the price above 100.00, indicating a potential start of another bull run. Target price can be drawn to 108.00 than to 112.00 (all-time highs).
LTC/USD Long Term PotentialI have it plotted like this because of the heartline touches. But this is LTC to the dollar on log scale overall trend. Guess what we are forming???!!! Weekly Hidden bullish divergence and Weekly Bullish convergence at the same time. Already showing a rounding bottom. And guess what just turned teal as well? You guessed it, the Gaussian channel :wink:
The gaussian channel is a phenomenal tool that I have just recently implemented to my trading strategy. It has proven time and time again on nearly all assets great success in an overall trend meaning using the daily and weekly time scale. I only use this for long positions. It doesn't work well with shorts unless its a down trend. It is dependent on the long term trend. Which is bullish for LTC, meaning taking a long here and holding for months will more than likely yield you insane gains
(Speculative Aspect) Now, to end it off with the speculative pattern atm. It is in the early stages of creating a potential harmonic. There are a few harmonics that can come out of this, but as of now, I have the more than likely outcome in my opinion to be the Bearish Crab. This means a potential shorting area at ATH's at the 1.618 fib. Can't say we'll get there yet. That is far out and we need to rely on the technicals that provide us potential moves now. But this is a pattern to keep an eye on ladies and gents!
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XRP/USD long on the Week timeframe (BULL RUN PUSH)Xrp price is sitting in a comfortable support point that is known to pivot in upward direction, also this is the price zone for institutional order flow is located.
where the whales are buying up the supply
one it retraces to .50 and blows through resistance XRP is know to moon to .68 then .76 then .86 levels and from there nothing will stop it from making a bigger move then the last run
DASH/USD TO THE MOON (DASH=DIGITAL CASH)CRYPTO GOD ANALYSIS APPROVES DASH AS A PERFECT LONG TERM HOLD, MANY DONT KNOW THE TRUE FUNDAMENTALS OF DASH AND ITS USE CASE, DASH IS DIGITAL CASH THAT IS AVAILABLE RIGHT AWAY NO BANKS INVOLVED OR IN THE MIDDLE, YOUR PRIVACY TO YOUR CASH, YOU CAN WITHDRAW CASH FROM ATMS RIGHT AWAY. DASH MAX VOLUME IS LOW CAUSES LARGE PRICE SPIKES IN UPWARD DIRECTION. DASH 2.0 HAS BEEN RELEASED
DASH WILL BLOW MINDS
currently DASH/USD is bullish %1.64
BTC Dominance - BTC One time buy opportunity (5th-8thOct)Lagging and leading indicators point to the possible sharp decline to the long term support trendline in the coming 3 days. Supplemented by TD sequential sell signal on 4H chart!
Could we see a hanging man patter on BTCUSD chart?
Check out the BTCUSD mid term TA thoughts.
Please hit the like button if you like the idea and make some gains!
As always not a financial advice, rather a moon one!!