Get started

Confirmation

#REN : Upto 75% Profits Opportunity In The Mid Term.#Accumulation_Recommendation Pair : #REN / #BTC Technical Analysis Pattern Creation : On the daily time frame of REN and BTC pair on Binance we have seen that a creation of a bullish engulfing candle stick with a good shape of a falling wedge. It is still trying to break out from the falling wedge and can't be considered as a confirmed call unless we see a close above the resistance line of the triangle. Indications : Volume showed a very good amount of increase on the yesterday candle but is currently showing a slow and decreasing volume level on today's scenario. This might be taken as an indication for a false pump if the trading volume continues to decline further by the following days. - RSI looking good and on favor of the bulls but we still need a cross over by the MACD lines and seems to be on the way though. EMA is still above the current price at around 877 sats and need to go further downward below the price for a confirmed call. Note : For a confirmed and confident trading move we need to break the price level represented by the red circle on the chart. And Volume needs to continue to be flood in for a more bullish trend too. Even though its looks a risky trade at the moment, using a strict stop loss and risk management we can have a good profit for the mid term. Accumulation Price Area : 790 sats - 820 sats Distribution Targets Target 1 : 872 sats Target 2 : 920 sats Target 3 : 973 sats Target 4 : 1055 sats Mid Term Targets Target 5 : 1137 sats Target 6 : 1202 sats Target 7 : 1254 sats Target 8 : 1402 sats+ Stop Loss : 681 sats Capital Accumulation : 3% Risk : High @Togetherweaccumulate
RLong
by cryptotalk_et
7
The Rise And Rise Of Bitcoin : Still Showing The Lion's Heart.#Bitcoin_Update Bitcoin is currently on a critical price level whether to decide to be in a bullish trend as it was or to see a correctional move. Currently the formation of the neutral triangle in the daily chart is a very critical one and even it makes harder to predict the following trend behavior unless we are done and see where the current candlestick close. The depicted area in red circle on this chart at around 11800$ is the main resistance line and would give us a good indication on our next outcome in the trade. - Indications on the various indicators of the trade are showing still a bullish sign for a further upward movement even though we need some correction whether it be a single Doji Candle stick or short term bearish candle sticks. - Volume is in a continuously growing mode which makes the trade still in bullish sentiment. MACD showing a bullish sign for further leg ups and RSI is also in a good bullish trend at around 65 which is showing that there is still a space for a growth. Conclusion My conclusion on this trend can't be confirmed until we close the current daily candle stick but I will try to put the scenario's that can occur with the short term on Bitcoin's trade. Scenario 1 : As I stated in my earlier ideas Bitcoin has been in an expanded flat correction and will start its reversal uptrend and it did surely did go up as I said it. On my first implication on the time where the correction ends Bitcoin just touched the 11K area of my 2 targets at that moment. After the failed impulsive wave Bitcoin once again reached my 11.6K target after a comparatively huge correction within a week. So I am still thinking Bitcoin would go further go upwards at this point and even though we still are not in a confirmed point I am thinking the most possible scenario to happen is that Bitcoin will further go towards my stated resistance levels on my previous call. - Scenario 2 : This is the second possible scenario to happen if my prediction didn't go as it is stated, which is a possible correctional move towards the 11k area first and if that test could further go down we might see the 10.6k area. But I am thinking this scenario's possibility to happen is very low seeing the trend at the current pattern formation. - Note that we are still in need for a confirmed breakout on the candle stick formation and we need some time for a confirmed move towards the trade. Expecting my Scenario 1 to happen in a high probability looking alert on the 2nd scenario too is a wise move. With Regards. @TogetherWeAccumulate Drop your LIKES if you agree with this idea. Drop your comments if you have any suggestions or argument on the idea. Besides help the community to grow by following the page. Thank You for your time. Stay Tuned and follow TogetherWeAccumulate on major social media platforms at TogetherWeAccumulate.
Long
by cryptotalk_et
Moving averages as great tool when used on shorter timeframes!Since MA's are usually a bit slow in showing the best entry and exit points its good to use them on shorter timeframes and see what story are they saying. In this example, it is quite clear how shorter MA's cross down longer MA's and confirms the bear trend and how shorter MA's then cross longer MA's on the upside and confirm the bull trend! MA's used here are: - 20 - 50 - 100 - 200 Hope you will use them wise and well! Do you see the confirmation for the upside that is most probably coming now since the 3rd breakout try is usually the successful one? We already had 2! ;-)
KRAKEN:BTCUSDEducation
by Samoto
Still Need for ConfirmationAlthough we have broken the resistance at 9650 I am still waiting for a valid confirmation. I am still not convinced that there is a reversal upwards. Volume is not enough to provide enough thrust to take off besides there is a divergence at 1 hour chart RSI which can still cause a stall in price which afterwards lead a devastating crash. Signals are still mixed. Disclaimer: This only reflects my self opinion therefore this is not a investment advice. You are responsible for your own actions.
BITFINEX:BTCUSD
by Eur0pa
1
#FET : Up to 350% Profits In The Mid Term.#Accumulatio_Recommendation Pair : #FET / #BTC Trading Platform : #Binance RSI : 43 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time. EMA : On the way to go below the price and if it can manage to be below the price it will be a good indication. - Volume : Already boosted by the past 4 hours showing a good momentum currently. - Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick. #Accumulation_Zone : 405 sats - 435 sats Distribution_Zone: 950 sats - 1020 sats Target 1 : 1350 sats Target 2 : 1689 sats Target 3 : 1876 sats Target 4 : 2195 sats Target 5 : 2411 sats Mid Term Targets Target 6 : 2600 sats Target 7 : 3008 sats Target 8 : 3588 sats+ STOPLOSS : Close below 875 sats Risk : High Capital Accumulation : 3% @TogetherWeAccumulate
Long
by cryptotalk_et
LTCUSD - Reached exactly my target! Next steps ahead?!_______________________________________________________________________________________________________________________________________ Hello traders investors and community. This is an update analysis on my recent SHORT analysis about LTCUSD. As you can see in the chart it reached exactly my SHORT target at 97.602, there is also a second target at 83.270 which we will reach the next time! However i think we will have a reversal to the upside from that point, first confirming the EMAs (50 and 100) and then go ahead. _______________________________________________________________________________________________________________________________________ Everybody who watched my SHORT analysis on LTCUSD should be happy now. I will cut off my SHORT and take profit at the second target (83.270), also i will open up a LONG position at that level. Target will be the blue trend-line you see in my chart. _______________________________________________________________________________________________________________________________________ Also we have an great signal confirming in the RSI, it is oversold and forming an bullish divergence! Great to see also this factor playing into the successful analysis and for an good LONG entry. _______________________________________________________________________________________________________________________________________ Okay hopefully you enjoyed this analysis, give some support and i will probably upload an LONG term analysis on LTCUSD! So see you soon! This is only educational and should not used to take action in markets! May all happiness and luck come to you friends! _______________________________________________________________________________________________________________________________________
BITFINEX:LTCUSDLong
by VincePrince
14
#LEND : Up to 100% Profits In The Mid Term.#Accumulatio_Recommendation Pair : #LEND / #BTC RSI : 40 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral postion form but going to move towards the overbought area in the mean time. 20] : Looking to go downwards but needs to get energy and become below the price level. - Volume : Looking fairly good by the past 2 days but needs some more energy to see a breakout for the short term. - Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently. #Accumulation_Zone : 65 sats - 72 sats Distribution_Zone: Target 1 : 77 sats Target 2 : 83 sats Target 3 : 89 sats Target 4 : 95 sats Target 5 : 99 sats Mid Term Targets Target 6 : 109 sats Target 7 : 122 sats Target 8 : 140 sats+ STOPLOSS : Close below 57 sats Risk : High Capital Accumulation : 3% @TogetherWeAccumulate
LLong
by cryptotalk_et
1
The Reason Why it’s Safer to Trade against CompressionToo Risky to Sell EUR/CAD with this Supply Above? At any time frame, the EUR/CAD seems to be in bearish momentum. In the H1 chart, the price is in a downtrend of almost 300 pips. While yesterday a fresh supply was created by the price above. Most of this downtrend was a compression which meant that the price compressed down while picking up all the sell orders along the way. Compression indicates a powerless movement in the price. In other words, it seems the last downtrend of the price was powerless and it’s safer to look for a reversal signal and trade against the compression. Usually, a supply level is a great level for a sell position, but this supply is created after the price had already decreased about 250 pips and divergence has occurred between the MACD indicator and the price. So, instead, I will use this supply as a confirmation zone and not as a level of sell position to sell this supply as is too risky now. If the price will break out the supply, it will be a signal for reversal opportunity and we should look for a price action setup for a buy position. Breaking out the supply above will change the momentum in the H1 chart from bearish to bullish.
Long
by the5erstrading
1