ASIAN SESSION 15M GBP PAIRS ROUND NUMBERS SCALPING STRATEGYDuring Asian Tokyo Session trade:
GBPUSD, GBPAUD, GBPJPY, GBPNZD.
Trading Time Zone: 1 hr before to 1 hr after Tokyo Session.
Trade 15m chart.
Add a "00" & "50" numbers indicator to chart or add them to your chart.
As the new trading day starts, watch how price reacts to those price levels.
This pair price came bullish, had a bearish pullback and then a short bullish continuation.
That allowed you to enter a bearish sell stop @ 2.0600 in the 1 hour before Tokyo Session.
Your bearish take profit is @ 2.0550 so enter a take profit order.
Make a hedging Buy Stop order @ 2.0550 or on a second account enter this order.
Your bullish take profit is @ 2.0600.
Enter a tight 10 pip SL.
Buysellsignal
IF Coronavirus wasnt there? BTC Furute, share your thoughtsThis isnt financial advice, but im just trying to share a thought that, the dump we saw was just done faster than we expected, Bitcoin was in a downtrend after we hit the 10.5k range. What are your thoughts?
My thought is that we were already going to hit this low, it was just a matter of time. I am on a bearish side now as we stepped back into the channel, i expect more downside after a period of sideways.
XRP/USD - 0,18$ key level Usually Monday starts with a growth in cryptocurrency.
I think this Monday will be no exception and we will see a great growing day.
The ripple is above 0.18 and it's still a long set. Like in post with Bitcoin, the growing structure is intact.
A new entrance can be made from this level.
Average urgent targets like in the post earlier is 0.20$ (r/r - 1/4) post lower.
I'm holding part of my position from this post:
A break-down of the dynamic support (marked purple) will indicate a trend change.
Friends, thanks for your likes and comments!
Good luck with trading!
BTC retesting the 61.8% Fib of the recent massive dump.BTC retesting the 61.8% Fib retrace level of the recent massive dump -- as drawn from top to bottom of the dip since it produces higher degree of confluence wrt to the VPVR levels.
If the current 3hrly candle, retesting the 61.8% Fib, closes above, I will be going all in (Long) with the rest of my BTC trading account; with stop-loss set and constantly updated at below the 21 EMA.
I'm now short-term bullish.
However for me to become mid-to-long-term bullish, the BTC needs to pierce above the 50% Fib @ 7161 USD and hold.
CYBER ENSEMBLE had earlier signaled a sell on the 1hrly marking the start of the retest.
Will also adjust stop-loss to protect any gains made if the sell signal is triggered on the 3hrly, which is the timeframe that the CYBER ENSEMBLE Buy/Sell indicator is optimized at (see past/historical confluence).
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Far-longer-term outlook:
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With the "Banana Republic" style "quantitative easing" and "infinite liquidity" (i.e. money printing) not just in the US, but Europe, UK, Japan, and China as well, below is my comparison between Fiat (centralized manipulated currencies) vs. Bitcoin (the decentralized internet of value).
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Fiat, manipulated by centralized authority. Value is based on trust to said centralized authority.
Bitcoin, presently highly speculative and volatile asset due to low market liquidity (akin to a penny stock with similarly low market capitalization). Value is determined purely by market demand (mostly speculative trading at the moment). However Bitcoin's SUPPLY cannot be manipulated and cannot be confiscated by the government, nor can it be shut down due to its decentralized and adaptive nature. Unlike the heavy solid Gold, you can "carry" Bitcoin to anywhere in the world with you (undetected/unconfiscatable) just by remembering a 12-24 words phrase to re-generate the private key.
Base layer (layer 1) of BTC is slow and can only have a very limited transaction rate (still faster and way cheaper than international transfers via Swift).
However, this could be increased in the future with more miners as well as with consensus among majority of the miners to increase block-size to fit the growing needs. Further, 2nd layer solutions, such as the lightning network is already being built to allow for almost instant and "zero fees" transfers, while layer 1 will simply act as the highly secure settlement layer into the future.
Wallets can get hacked due to poor security practice. Centralised crypto exchanges can get hacked (they similar to centralized banks). But it is virtually impossible to hack the actual Bitcoin network.
Still not very user-friendly to use atm, but like with the internet, this will naturally improve as adoption and integration to existing devices grows.
Significant friction of entry (i.e. converting Fiat into Bitcoin), but have significant improved compared to just 5 years ago.
Certain more authoritarian governments have tried to shut down exchanges and trading, however, P2P exchange persists under the radar regardless. Instant international transfer of large amount with comparatively negligible fees compared via outdated and sluggish banking systems relying on Swift.
A presently highly risky short-term investment, with not much real-world use as of yet other than for speculative trading within developed countries. While is utilized as a necessary hedge (discretely outside the view of authoritarian governments) in countries experiencing hyperinflation -- where Bitcoins value volatility is nothing compared to the certain significant drop in the value of their centralized authority manipulated Fiat currencies.
The printing of money is effectively a redistribution of wealth -- sucking "value" from everyone (including the savings of the collective middle income groups) typically to the ultra-wealthy -- as corporate welfare and socialism for the rich.
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Entry/Exit/Target Strategy, and Risk-to-Reward
Previous analysis, waiting for this very entry condition to be met:
PRISM Oscillators
RSI and STOCHs
Relative Candle Volatility/Directionality Indexes {RCVI/RCDI}
ELASTOS (ELA:BTC) is still conforming to the ascending channel.ELASTOS (ELABTC) is still conforming to the ascending channel (Note: Log-scale).
Possibility of ca. 100% gain (similar to the ICX breakout) if it is able to pierce and hold above 0.000269 BTC? Need to continue to monitor. High risk, but potential high reward.
Continued analysis from:
Need careful risk management and protecting profits so far (I'm using my own script "Volatility {RCVI} Stop-Limit Selector") to decide suitable stop limits.
Bitcoin-USD: Low Time-Frames Ready, High-Frames DisagreeThe buzz around Twitter implies BTCUSD is ready to start climbing again, and at first glance at the daily chart, it's easy to agree. But lets take a look at the higher frames, which ultimately win 9/10 times when it comes to incoming moves.
Buy volume is typically generated in one of two ways
White Swan News Event
Massive price dump
As of the time of this being posted, the more likely seems to be the later, although several fundamental/adoption based stories could potentially be the white swan if the news came out, in which this analysis would be rendered virtually useless.
Looking at the low time-frames, everything up until the 3D chart looks bullish. Although, with price already touching the mid-bband on the 1D (HA Candles), do not be surprised, if the wick to $10700 on Sunday night was the highest price gets to this week, before potentially dumping to lower levels, to tap into the liquidity that was generated there in March-June.
In terms of where price will go, the expected range is roughly $6k-$8.5k. Yes that's a large range, but the weekly chart is suggesting a price move that will at least touch the VWMA, and the Bbands + Kelts are in agreement as well. Anything lower than $6k will ruin bulls, but the idea is to generate enough buy volume that gets this market moving back to where people expect it to be.
I do believe that once we touch these support levels, we will see continuation to the upside, and ultimately a continued buildup to a bull run (which won't start in my book until ATH is broken).
Long-term) My guess is that by May of 2020 we see close to ATH levels, as historically speakking, the BTC Halving has resulted in price being equal to or just below at time highs, and primed for breakout.
Short-term) I'll remain bearish until these levels are touched, unless we break $14k / the June high. Specific prices to expect and reasoning why is on the chart.
Buy/Sell indicator on chart = MarketGod v7 --> Available August 28th on www.marketgod.io
Cheers
[Quick Guide] PRISM Signals & PDF indicators.
The PRISM Signals appears to work well especially at lower time-frames (even down to 5 min candles).
The key is to maximizing true-positives is to carefully optimize the input parameters and scoring weights and detection thresholds for a specific given chart and timeframe.
See also the 5 mins chart:
Also shown here is the PDF script, which provides: dynamic Fib levels, pSAR indicator, as well as 2 levels standard deviation bands (disabled here).
The thickest green/red limes are the local-top/bottom lines. Adjust the Fib Input Range accordingly to ensure that the local highs/lows are accurately captured.
The 61.8% levels are the thicker blue lines, and the purple lines are additional levels derived base on the mathematical conjugation between Fib levels.
Again, it is highly recommended to carefully check/optimize the input parameters for a given chart/timeframe against historical trends before proceeding to use it.
This script also provides consecutive higher/lower-highs/lows detection, which is disabled here.
Various features of these scripts can be manually Enabled/Disabled by the users to keep the chart neat.
Even though these scripts are constructed from a set of indicators, it is still highly advised to be used in conjunction with other analysis such as: trendlines, volume, and other indicators, etc., as well as analyzing and comparing with higher/lower timeframes, to help filter out or identify possible risk of false-positives to maximize your success rate.
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Indicators used:
PRISM Signals (Color and Stdev bands disabled here) -- Algorithm to generate scoring-based bullish/bearish signals derived from the PRISM oscillators set.
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels} -- Parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level.
Ichimoku Cloud {Cybernetwork} -- Ichimoku Cloud with modified parameters.
Related Indicator:
PRISM Oscillator -- pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators
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Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
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Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
QTUM - Resistance Line at $4A similar form was on the Zcash and Neo graphics, Monero, now it's QTUM's turn to grow.
Causes of growth:
- common bull market
- vertical support level
- struck the level of $ 4
Goals when buying at $ 4:
1 goal - 5,3 $
2 goal - $ 10.8
Stop-loss is placed in the zone of $ 3.5.
BTCUSD Price Prediction: Daily Analysis Bitcoin is dancing with the 61.8% Fib level with a previous drop from $5,321.82 and a low around $4,950. BTCUSD buy 61.8% Fib level price 5000 Area. Target 5700 and 6000 level . BTCUSD not breakout 6000 area then sell position is best target 4000 area . Technically 6000 area is strong Resistance in BTCUSD, this area break and stable buy this level .
The movement north will have to overcome the seller congestion at $5,259.60 - $5,314.02, $5,368.45 and $5,422.85. The confluence at these levels are.
$5,368.45: Previous high 1-day, pivot point 1-day R1, 23.6% Fib level weekly and Bollinger Band 4-hour upper.
$5,422.85: Pivot point 1-day R2 and pivot point 1-week R1.