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Predictions for BTC/USDT Bittrex 2017/2018My predictions for BTC/USDT pair is that we will have a drop to old resistance at 4050. However, if we break that 4050 support, we are going back down to $3700, but I have confidence that that support at 4k is not going to break. After seeing a bit of a pullback to 4-4.2k, there will be another bull run, this time up to $5,000, most likely in November. Then from November 1st to Jan 1st, I believe we will see a slow rise from $5,000 to up to $6,500. After we reach that peak resistance in the new year, we will most likely double top, with the second top peaking around $6,300-$6,400, and then I believe we will see a pull back down to $5,000, which will be old resistance in the new year.
by goneviralnetwork
2
ANT May Be Closing In On LiftoffWhat I See Looking at the chart, ANT seems like a good candidate for a rocketship in the near future. The coin recently tested its floor twice in quick succession, with the 382 fib line now having been breached. My main concern is that 200MA is still well above both 50 & 7 MA, but if we begin to see a pivot from from the 2 lower lines (edit: which you can juuuuussttt start to see the beginning of now), that could change in a hurry. Volume has also made its first uptick on this 4-hour timeline and if that trend get reinforced in the next block, we may just have something brewing. My Play (#dyor!) I currently hold about 300 shares and have a stoploss set to 37K. I do not trade with profit goals in mind as I prefer to let the charts show me when to exit the position. This is doubly easy in this case as Aragon seems like a great project so getting "stuck" hodling it while it sorts itself out wouldn't be the worst thing in the world, even for us daytraders. What do you guys think? Buy Or Sell?
Long
by btc123
3
I'm still waiting for this BTC confirmation b4 I go long again!Be careful here folks. This could be a BTC headfake. I remain skeptical that the bulls are back in control until we cross above the TOP BLACK line of my long time BULL channel and open a new candle ABOVE this TL on the DAILY. As of now, it looks to me like this could just be the first candle of a bear flag. If so, we would continue down below the $4000 support to hit our 50MA OR UPWARD ASCENDING BLUE TRENDLINE, whichever would come first at that point. I have my doubts that we'll go any lower than this. Currently the price of the 50MA sits at around $3850. The BLUE TL is higher (right now) at $3950. These two could intersect with our $4000 support at about the time BTC comes back down. If that happens there will be MASSIVE BUYING and we will blow right through the TOP BLACK TL and our current all time high of nearly $5000 to continue our upwards tragectory. I would update my charts again at that point. My recommendation is not to buy nor sell at this point. If you do buy, realize it is a high risk trade as we have not properly developed solid confirmation and put in some tight STOPs. If you're looking to buy, hold tight for confirmation OR a final drop to our supports: $4000, BLUE TL, or 50 MA. Buying here is too rich of a risk for my blood. If you're looking to sell short, DON'T. Not here. Best of luck my fellow crypto traders!
BITSTAMP:BTCUSD
by stewdamus
Bitcoin Bullish Channel Solid. Breakout to occur soon! Target 4kAs expected, our trendline held. We bounced: Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish. Here's what I expect from Bitcoin according to our charts: 1) Break $2980 before Aug 1 and then come back down and bounce off it and up after. 2) Bounce around in here for a few more days before breaking up and out. Either way, the 3-4 week target remains at the top of the GREEN channel. Time to make some cash Bitcoin traders!
BITSTAMP:BTCUSDLong
by stewdamus
Little brother forming right now in ETH/USD?Looks like our second descending wedge in a row worked perfectly and NOW we may be seeing a third such pattern forming before our eyes. It is small and it is hard to see the details on the 15 minute chart, but I have some HELP for you. Go to this video to see the details - www.youtube.com I am considering doing some of these throughout the week as conditions warrant. Feel free to encourage me to keep up the work with tokens of your kindness...
BITFINEX:ETHUSDLong
by EtherCharts
1
SPY: Approaching Key Areas of Resistance Analysis: Since retesting the August low, the market has made a triple bottom. Since then the market has rallied significantly, and is now approaching key areas of resistance that I will be watching closely. The first test is the 50% retracement at 194.37. This is where the market rallied to earlier in the month after it first tested the august low before selling off. There is good confluence at the 50% retracement level as there is a fairly significant trend-line that has acted as both support and resistance in the past. If the market can convincingly break and hold this first area of resistance, I would then set my sights on the 2nd test level, 197.5. The .618 retrace is another popular Fibonacci number to look at because it will be testing the downward trendline created in December. As for key areas of support I am watching around 187 and 182. What I love about chart analysis is that there is always more then one way of interpreting them. What key areas will you be watching? Please comment and share! Notes: I decided to use the high made on 12/29/15 to create the fib Retracement instead of the high made on 11/04 because of how the market sold off after it hit 50% retracement.
AMEX:SPY
by Ape