Buy signal for Red Pulse, up 30%Using BTI indicator, it signalled buy on Red Pulse yesterday. Now its up 30%.
Bulltrend
Netflix 100% gain in 1 yearBTI Bull signal generated for Netflix on Jan. 2018 when the BTI indicator crossedover 75. 100% gain during the bull trend realized July 2018 (6 months, 100% gain wow). Bullish trend is inside the green area, red in bear. This is a momentum indicator, as long as indicator is in the 75 zone and increasing, the trend is still up. Once indicator peaks, the momentum slows down and expect price to go down, especially when it goes below 75.
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Bluesky ASXWorst performer for the year, ASX:Bluesky down 90% from peak this year. This was still profitable if bought during the bull signal generated by BTI on late June 2017, that would have yielded upto 45% gain. See indicator was all red right before it plunged.
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Bull Trend Indicator signalled bullish trend of Bitcoin in 2017As the title says, BTI (Bull Trend indicator) successfully signalled bullish Bitcoin until Dec 2017. Right before the bubble burst. (Note: Bullish trend starts when BTI is 75 and keeps increasing). BTI is a momentum indicator, hence momentum was slowing down at the peak of BTI signalling bearish divergence. Based on this indicator I think it will be a long time before Bitcoin breaks out again as BTI is still negative.
Also check out my other post on my Script page where I posted this BTI indicator.
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QTUM potential long signalThe bear trend has been broken.
However since the price is going sideways, it needs to be cautious.
Reasonable target would be between $10.00 - $14.00.
Aggressive target would be $21.00
I highly doubt that price could go over $22.00. (it is always possible but I do not see this could happen in high percentage chance)
The support line is $3.10, and if price can not hold this level, we may turn into bear trend. Also potential price could hit 3.10 level and bounce to the upward.
A Bull Trend Continuation on The EURTRYLast post: May 13th. See chart .
Review: A break and close above April resistance was required to confirm a trend continuation of the bull trend.
Update: The breakout took place, offering a long entry, and a new resistance high has been created.
Conclusion: Patience needed until the current May resistance becomes support.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
#ETHUSD Volume Analysis Prediction 5/14/2018The Ethereum looks much better than Bitcoin now.
First of all - it's strong up trend.
Second - the price is above big horizontal volumes.
Third thing - last balances showed bull reaction.
To resume mid-term growth, it is necessary to breakout 840. Next strong resistance zone would be 755 and round psychological level 800.
For bulls it's important to hold price above the support zone 675-685. If not, we will see a much deeper correction.
BTC ... Back to the Future!Well, well ... the bulls are sure having a good time. 9400, wow! And it seems that it's holding up.
I've displayed two potential scenarios unfolding, as per my chart published yesterday. The big difference
is that I am guessing the probability that this is an impulse being higher now, rather than a triangle wave.
The red wave shown is a running flat ABC correction which would have completed at the 6500ish mark. This
is then followed by an impulse up, of which we are in wave 1 (of 5). The orange wave shown is a triangle
wave, and we are currently completing wave D of that. Both I believe are plausible. But as we move farther
away from the All Time High Trend Line, I would suppose that the odds of this being a triangle wave fall away
too.
No doubt breaking 9177 means something important. It shows the bulls have strength ... enough to surpass the All
Time High Trend Line, and the most recent price peak of 9177. Going to 9400 and recovering nicely after some profit
taking (200 points), again is a good sign. I still remain skeptical though ... when do the large traders see this
as a good shorting opportunity, and turn against the market? In my mind, that is what decides when this uptrend is
broken. The big players will decide. As more and more people look to long, it becomes more and more tempting to
short! I certainly see pro traders calling for a drop soon, but I also know they've been wrong for the past 2 weeks!
The ones I respect admit they made a mistake, that's okay ... and I would call it a strategy that didn't play out, not a mistake!
Having a strategy and using stops to limit losses is part of the smart game, in my humble opinion.
Still, do we sit and wait? Watching BTC climb, missing out on all those potential profits? Well, I'm not. I have my orders in
and will wait to see if they fill. If they do fill, I will have a tight stop, to protect me in case of a reversal. The potential
does exist to go all the way up to 11,700 (but we have some major resistance levels to get through first!). I'll keep raising
my stop until I'm kicked out ... assuming someone sells me coins at my asking price!
Remember only a fool relies on one potential outcome!
Do not use for investment/trading decisions. For educational purposes only.
Bitcoin hits 9000 exactly the same day as predicted in March!Good day, fellow traders, speculators, investors and those, who try to make their fortune on Bitcoin!
I'm still following the estimated prognosis on the futher growth, just to show you all, that most of the crypto prophets here were wrong regarding the bears tendencies, and to show you all, that my estimate is correct.
I've predicted 9000+ today, so it's here.
Well, at least it's close to what's happening. We are still on the further bear trend, however a correction is taking place, as BTC went up a way faster, than the possible trend, it has to go down in order to increase it's value dynamically.
The investors are fixing some profits, so the bottom of the correction should NOT be below 8500, as it's below the bottom resistance of the uptrend. In case of any move below 8500 I would recommend to take a break and see what's happening - the correction could take deeper to 8000's or even 7500's.
Hope my pathetic idea did help some of you, please leave a like and follow, if you like it.
Good luck on trading and don't listen to manipulators! We are on the way to crypto success!
Keywords Studios May Be On The Brink Of A BreakoutKeywords Studios has been going sideways since late last year and when we see
a period of consolidation that lasts for several months, we do not want to enter on the first breakout.
As you can see, the first breakout of consolidation in early March saw price return back into the consolidation zone.
This is classed as a fake breakout. What we want to do as smart traders is patiently wait for a second breakout.
The second breakout helps to confirm the buyers are in control and the probability of price continuing higher are put in out favour.
Price has now broken out of consolidation for the second time so we now need to wait for a breakout of the previous high.
The upwards momentum is looking strong and we may see a breakout soon.
One thing to note is that we have the £20.00 round number not far above price so it will also be worth waiting for price to clear this level.
This is on my watchlist and will be ready to trade at the right time.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
KAZ Minerals Firmly Range BoundKAZ Minerals is a stock that gave us good profit in the bull run from 2016 to 2018. This was a stock that went through excellent periods of trend followed by extended periods of consolidation. That is just the nature of this stock but one that can deliver very good profit if given the time to develop.
We were stopped out of all our long positions in the pullback from earlier this year. Since then, price has remained in consolidation and is now on its way to entering its 7 month of a being a range-bound market.
Market conditions now dictate that we stand aside from this stock whilst the bulls and the bears battle it out for supremacy and determine a trend direction. There is no edge in range bound markets but many are often lured in to trade in the belief that trading areas of consolidation is easy. Simply go long off support and short off resistance. If only it were that easy. Periods of consolidations are notoriously difficult to trade as they are made up of multiple levels of support and resistance which can cause whipsaw moves in the market that can take traders out and cause premature losses.
Trading is definitely not easy. It certainly is not as difficult as many end up making their trading but anyone who thinks it is easy will soon have their ego put in check. There will be the odd person who slips through the net and gets away with over-leveraging trade after trade in what just so happens to be prime conditions. Most will not be so lucky.
The correct expression is "trading is simple, not easy. " The best and most profitable techniques are the simple ones but growing trading accounts is not as easy as many think. One of those techniques is simply understanding that growth is made during periods of trend and protection of money is done during periods of consolidation. It is a time-tested formula used by the best for decades now.
With KAZ Minerals, we are now waiting for a breakout. As the trend was bullish prior to this current lengthy period of consolidation, our bias is with a breakout to the upside. Ultimately, it does not matter as we as traders have the ability to make money in both directions.
It is down to the forces of the market to dictate a breakout, wait for optimal environments in either direction and we then react accordingly.
For now, there are far better opportunities presenting themselves in FX such as on the USDJPY . It seems like, finally, FX is where the money is.
Sublime Trading
OMG: uptrend despite crypto slumpAllthough I currently hold no position in OMiseGo I really like this token. OMG is about banking the unbanked, starting off in South East Asia. It is an ERC20 token and the first Plasma Network crypto (scaling solution that should allow for up to 1 million transactions per second!). It aims at allowing cross platform operability with a whitelabel SDK wallet (for instance transactions between Paypall and Alipay!!). Their ambition is to process every single transactiojn on the ETH blockchain. They allready have an impressive list of partners as well as advisors, just checkout omisego.network
Price development of OMG shows just how robust this project is, while bitcoin and most alts have been slumping since early january, OMG has allready taken out january's high (in btc price that is). The token is currently in an upward channel pretty close near the low range of this channel. RSI has given us 'Hidden Bullish Divergence' which indicate underlying strength and a good entry or re-entry moment (buy the dips). Look for a move towards the upperband of the channel (near 0.002btc) and if altseason takes of way beyond that!
Can ASOS continue to RISE?With ASOS LSE:ASC recently breaking out through the previous all-time high
which was around £72 back in 2014 we may have a trading opportunity soon.
So far price seems to be struggling to gain some steam and currently appears to have found some comfort
around the previous all-time high and is gravitating towards that zone again.
When we see a break of an all-time high we can usually expect to see price retest it which is what we may see happen here
before price starts a trend to the upside.
The alternative is that we may see price drop back below the previous all-time high.
The best thing for now is not to predict the next move but instead to wait and see which direction price decides to move.
If price drops lower then we definitely have to stand aside.
If price breaks above the previous resistance pivot at £76 then we can look at buying this stock.
Preserve your capital and only trade once the direction is actually confirmed.
For now I will just keep this stock on my watchlist and will trade this as soon as the time is ready which could happen real soon.
BITCOIN CASH #BCH bull ideaBroke the trend and touch the new 200 ema perfectly. New high are gonna be meet the next two weeks
For HOLD TRADING: sell 20% of the coin at 4800$ and 6400$
For meduim trade: sell 10% of the coin at 2700
For margin trading: sell al at 2000$
Deceleration ExampleDeclaration is something every trader should recognise. Its where you assess whether you are going to stay in or exit your trade. If the later happens we then wait for Bullish or Bearish confirmation depending on the trend we are trading.
Back test and look for deceleration around the peaks and retraces of trends, make sure you are trading with the trend.
IOTA SLOWLY STARTS TO STRIKE STRONGAfter numerous charts where always alerted that IOTA was at critical levels, changed the trend after a double bottom and became bullish .
It should be noted that IOTA behaves in a very volatile manner, where there is an instantaneous profit taking and although it is now in a bullrun it is possible that there are important corrections before reaching its target prices.
Do not forget that IOTA is still in its beta phase and each announcement (fundamentals) can have a very strong effect on the price.
We will see if it continues with volume , interest and with an upward trend to show us all that IOTA is here to stay and to have it as a long-term investment.