LTCUSD trade in the downward channel.Picture of price movement objectively shows the downward trend in severe downtrend. I recommend to open positions from the channel boundaries with the goal in the form of the opposite border.
Cripto
XRPUSD formed the classic " triangle".The price formed a classic "triangle". There was an exit beyond the boundaries of the figure. Then the movement went to correction. I recommend looking for entry into long positions from the support level of 0.2510.
Btc - uptrend channelGood night traders,
Btc is trading on an upside channel on our H4 timeframe (left) and after the strong dump yesterday it has respected once more the bottom of the channal.
On our weekly tf (right) we have 3 dojis in a row showing strong indecision right now.
The idea here is to take advantage for the price when its on the bottom and top of the channel until we have a clear breakout with reasonable volume.
The only thing concerning me so far is the low buying pressure after the yesterdays dump but since the price respected the uptrend i guess we might see some improvement next week, i dont look at weekend volumes since they are tricky and low.
Interesting levels:
First support level = 5140 USD
Second support level = 4800 USD
First resistance level = 5450 USD
Have a good weekend everyone!
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITCOIN - Overview and opportunitiesGood evening traders, overview on BTC.
H4: The coin is on short term uptrend as we can see on left chart, we have an already confirmed uptrend (3 touches) e therefore we can search for buy oportunities if the price go there again, wait for rejection and then buy.
: Im using LOG CHART and then we can see there is a downtrend confirmed by 3 touches and now we broke it upside, now the price is re-testing it again and so far rejecting it, good bull signal.
Daily: We had a clear bull trap above 200 sma that for sure killed some bears stop losses and triggered some early bulls into the market, now this moving average is our current resistance level for aim 6000~6400 level.
So now, whats the plan?
For selling: Wait another test and rejection on the daily 200 SMA.
Buying: Wait anothe test and rejection on our H4 uptrend.
Interesting levels to watch:
1th support level: 4800 usd
Current resistance: 5370 usd (200 sma daily)
Potential upside target: 6000 and 6400 usd. (Medium term)
Enjoy it? Leave a like!
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
"Top and Bottom Analysis" EOS/USD by ThinkingAnts4H CHART EXPLANATION:
The main Items are:
-12345 Elliot Count completed
-Bearish Divergence on MACD between wave 3 and 5
-Bearish Flag Pattern
Based on this, if price Breaks out the Bearish Flag Pattern and the Ascending Trend line at 5.140, we expect Down movement towards the support zone at 4.5500,0 paying atenttion to the middle support zone at 4.8900.
Updates coming soon!
MULTI TIMEFRAME VISION:
-Weekly
-Daily
"Sell Setup" BTC/USD by ThinkingAnts1H CHART EXPLANATION:
- After the Break out of the Ascending Trend Line with a previous Bull Trap, Price is on a Pennant Continuation Pattern.
- We will be waiting for a retest of the Minor Resistance zone (top of the Pennant Pattern) and then for a Break out of the structure, looking for a down movement towards 4859.8 to close our position.
- For the full Top and Bottom analysis check our previous post on BITCOIN, linked on the post.
Bitcoin - H4 outlookGood week everyone, H4 outlook for btc.
As we can see btc is one more time approaching resistance level (orange) and it'll try to break it again.
Bullish confluences:
- Low volume on selling waves (check indicator), looks like there is no interest selling right now
- Thats candle spikes (like the balloon demarcated one) are definetly killing some bulls stop losses, whales are eating them and this is bullish behaviour.
- Ascending trendline already confirmed, touched more than 2 times.
Bearish confluences:
- Small rsi bearish divergence, no big deal IMO
- We are closing WEEKLY resistance (check related idea)
Strategy: either wait another touch on trendline and scalp aiming resistance or wait for a good breakout with reasonable volume (not huge, just above average) above resistance and aim previous resistances at 4600-4800 zone.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
MDA READY TO TAKE OFFNICE TRADE IN ONE OF MY FAVOURITES SHITCOINS
ALL MY ANALYSIS WHERE WINNING POSITIONS... CHECK IT!
EthEur daily analysis Green trendline support price since 2016. Again the trend line has supported the price on December 2018.
Now price is going down, there are many possibility to see a bottom on 85€.
That price is also connected to the 38.2 fibonacci level.
Stratis Comenzando tendencia Stratis por lo que observamos esta comenzando una buena tendencia al alza pero tomamos nuestras precauciones poniendo un stop a maximo 3% de nuestro punto de entrada
podemos observar que casi todas las criptomonedas pueden comenzar al año y esta operación la vamos a dejar 1 mes en observación con nuestro stop donde esta marcada la linea roja.
Bitcoin: Pronti all'esplosione? Grande Compressione del PrezzoBTCUSD sta da un paio di giorni comprimendosi parecchio. Il prezzo è incastrato all'interno di quello che sembra una triangolo discendente.
Che stia aspettando il weekend per esplodere ? E la domanda è: in quale verso ? ;)
BTC key levels to watch out Here some key levels that BTC may be tasting the following week. Crossing fingers!
BTC projectionsThe following two weeks we can see BTC moving up or moving down, it will depend on the next resistance marked in our chart. First profit target could be around7600 and second profit target 7750 or 7890. If those points fail, we can see BTC reaching lower levels of FIBO retracement.
(XMR) Monero small profit short Inversed hammer in 1h timefrime, following perfectly a downtrend since weeks ago.
Bitcoin Monthly viewCripto market, from the beginning, was moving x10 or x20 times faster than the traditional market.
Still recoverying fuell for start again the impulse, we havn't seen the bottom yet, as the volume is not big enough to create more HH and HL.
Stock markets fall hard, and part of this money can come to the criptomarket.
The reason is because still very cheap this market, is not strong enough to rise more than 1Trillion, because every week we can see some theft in wallets, eschange hacks, or other stuff. But Bitcoin as a coin has enough trust to rise at least 500B in few weeks (4-5 weeks).
4 Trillions went out from stocks, the rise in last year was 33% in gains, amazing. Now it comes more volatility and ups and downs. If players change mind and put some money in cripto, they can see 100% gains in few years (don't think they can expect same gains in the traditional market).
News, FUD, FOMO, bills, bans, all is in the same basket of FA. Meanwhile, robots and AI machins are trading every single day hundreds of milions in seconds, even I have seen people creating an automatitzed machine to trade between exchanges.
Let's see what happens, but for sure, every time more people is involved in this world.
Buy stellar/btcMarket Cap
$523,081,385
233,630 BTC
Circulating Supply
9,624,950,038 XLM
Volume (24h)
$79,030,400
35,298 BTC
Buy Ripple/Eur NOW and sell it at 0.34After 2 days of Eth and Btc boost, ripple probably have to grew up again
Bearish channel-NZDJPYPrice is moving bullish with high volume. If price stops at the top of channel, and volume decrease, will be nice opportunity to open short position till the bottom of channel.
