Down against Up.Two Channel fight. I just came to realize that this week we crossed a very important line resistance to scape from the major down channel which I thought it was over.
Of course the price fell down, but as far as price doesn't breaks the red line I have pointed out, I think this pair may remain up.
Trade your plan. Good luck ! :)
Criptocurrency
btc/usd analisicome si può vedere BTC ha rimbalzato perfettamente sullo 0.5 di Fibonacci. Ora incontrerà qualche resistenza sulla soglia dei 9000/9100, possibile qualche presa di posizione in quel range. SE e solo SE romperà questa resistenza andrà a ritestare i massimi degli ultimi giorni. Nell'altro caso dovremmo aspettarci un retest degli 8000.
Questa è solo la mia umile idea
Sell btc do not be afraid, buy belowwe can see that btc has formed a shoulder head and shoulder and in a 1 hour and 4 hours chart the confirmed with the rebound in the neck .. this pattern will lead to btc at 7900-7700 we must bear in mind that it could go down much more since it is more likely that people will despair and start selling so I would recommend staggered purchases since the 7900 and then if it breaks the 7600 it will be best to sell and analyze where the next strong support will be.
Up. Bullish. Trading Plan ! Hi,
I'm happy to announce that bears seems to be loosing power since yesterday. Strong bulling signals are on going ! Everywere.
Fundamentals also match: Rockefellers, and Santander Bank Firm joined Blockchain and Criptocurrencies on Friday.
But the buying signals doesn't regards these news, which is PERFECT ! Because this means there is a lot of bulls compression gaining force and force, more and more.
BEWARE, CAUTION.
We are NOT YET out of the mayor bear channel and trend. Keep that in mind in the event the resistance line doesn't holds. Be quick to close your positions.
This trade is long term insight. I expect it to accomplish in 2 MONTHS more than less.
Trade your own plan. Take mine only as a reference :)
Good luck for everyone.
T.
Projection above moonOlá.
Temos a IOTA numa visão geral interessante.
A pesar da tendencia de queda no momento ela ainda está acima de uma linha de tendencia de alta LTA antiga.
Infelizmente o preço não resistiu e perdeu o suporte pouco acima dos $1,00. Com isso veio testar e LTA.
Agora temos uma situação. Temos em todas as Criptomoedas em tendencia de BAIXA, mas particularmente eu acredito que estamos indo pro fim dessa estação de quedas.
Se for assim temos uma grande possibilidade do preço ir começar ir novamente pra cima. Temos muito espaço pra IOTA subir.
Eu espero ela acima da casa dos 20 dolares.
Porem ela tem que fazer sua parte. A IOTA precisa mostrar serviço e entregar uma carteira e uma aplicabilidade pratica pra ela.
Se isso ocorrer logo esse ano ainda podemos ver a IOTA quem sabe acima dos 50.
Então vamos ficar de olho e comprar pensando no futuro. Temos boa possibilidades.
CVCBTC - Daily (1D) chartCVC looking good with EMAs converging to the Fibonacci Levels, a breakout with Volume would confirm a breakout.
DMI and MACD looking good and with space to grow.
RSI not overbought yet, also has room to grow.
As always keep an eye on BTC, a big movement by BTC could affect, so a stop loss near support are indicated and also a rebuy near other lower support zones.
ETP / btc possible profit 300% of our capital ! ! ! ETP is highly overvalued, its price is in historical minima fulfilling a figure of euphoria perfect depression should be to start another cycle of bull market in a short time in that currency making us possibly win x2 x3 and even much more.
The figure where it is found is totally Bullish, a bullish reversal.
ETHEREUM - Where is our dip?Good evening traders,
Lets take a look on ETHUSD , which is bleeding a lot these days.
On our 4h chart we can see ETH is already below our 50 and 200ema, MACD is bearish and the sell pressure is too strong.
RSI is way oversold so we might see a little pullback on the next couple hours.
The 0.5 fibo level is gone and now we're going to 0.382 level.
On the daily chart, taking a look on our indicators, MACD is bearish, RSI still has room to decline and the sell pressure is too strong also.
Even if we look at the price action itself, it doesnt look good, no volume green bars without any progress and strong red bars with good volume and progress downwards.
What now?
Now we need to wait for a possible bounce on the circle area, the 0.382 fibo level and the 200 ema SHOULD provide support and ETH might bounce on this area.
IF ETH break down these levels we will reach lower levels, which will be good to do position trade since this coin will for most likely recover for medium and long term.
If we get a bounce from this area, a breakout on the downtrend (pink dotted) will be a confirmation of the end of this bear momentum for ETH.
This is NOT a trade signal and is here just for educational purposes.
Omise go - A bright future ahead. Good evening traders, lets quickly jump into our OMG analysis.
As we can see on our 4h chart, omg is making lower highs and lower lows, the price just broke the 50ema and now its testing it as resistance.
On the 12h chart, we have already a higher high and the price might wanna make a higher low, the 50 ema is working as support for now, we need look out for the price action on the 4h timeframe now.
A good reload zone is marked on the 12h chart channel.
OMG is a very nice token with good fundamentals, so there is no need to use stop loss here unless you are a day trader.
For short term targets , 20 usd is only fair.
Medium term, 30 usd .
And for long term, i dont think its any absurd if we see OMG above 50 usd this year.
A break and close above our downtrend (green) will give us confirmation that omg is ready to reach higher levels again.
The volume is decreasing so i guess there will be some action very, very soon.
Good trades everyone.
Critical cotizations areas for the price of BTCThe price of Bitcoin 1.30% has reached an important cotization area. This area act as resistance and monthly pivot point, if the pice exceeding $ 9500; there is a high probability that the price reaches or surpasses areas close to the maximum price of 2017.
The most sensible thing to do is to wait for the closing of this candle or perhaps the next two in graphs of days.
BTG - Where is the Gold?Good evening everyone, after a friend request, lets take a look on our btgusd ,
This coin is bleeding a lot since it all time high near 500 usd and now looks like it has found support on the 105 usd zone (red dotted line)
On the 4h chart we can see btg appears to be forming a descending triangle which is a bearish sign, we need to see how btg will react since we're reaching to the apex.
If btg turn bullish and break and close ABOVE our downtrend and the 50 ema, we can open long positions targeting 120, 128 and 140usd levels, for short term.
All our indicators are going sideways and the volume is decreasing, there is no movement for now, probably we will see some action very, very soon.
If btg break below the support zone, it'll most likely bleed out to deeper levels, like the 75 usd (check the right chart) and we will have to wait some reversal price action to reload this coin.
For now, all we can do about btgusd is wait for a breakout and close, above or below.
Good trades everyone.
NEO - Time for higher lows?Good evening traders, lets talk about our asian beloved token, NEO.
As you can see, NEO has been doing lower highs since his ATH above 190 USD.
Now the trend appears to be changing since NEO just made a higher high and is moving to make a higher low, however, the price action after a pin bar gave us a warning alert, we need to wait more confirmation.
We need to keep a closer look on the price action on the next few hours to see where NEO is willing to go, a break and close below the uptrend will tell us that NEO doesnt want to moon, not YET and we will have a good opportunity to add more NEO on dips.
On the other side, if NEO doesnt break the uptrend, it'll be the confirmation for a trend changing and NEO might reach older resistance levels.
The first resistance level will be around 138 USD, the previous swing high.
For medium and long term, NEO has all it need to reach his previous all time high and beyond.
CARDANO - Wake up!Good evening everyone,
Lets talk about cardano, currently the 7th coin in terms of capitalization.
This token has good fundamentals behind it and it'll not be a surprise if we see CARDANO above 1usd a few months ahead. (for a conservative perspective i mean).
So i can say, its a good HOLD.
But lets talk about short term, as we can see, Cardano is bleeding a lot since its ATH around 9000 satoshis.
Now, we're reaching a strong support level and the current 0.236 fibo level, we need to keep an eye on this level, if cardano keeps bleeding, well, it'll be bad, very bad, but still a good hold for LONG TERM.
Now, if Cardano bounce from the current level and break the downtrend, we might see a good take off, the main targets for short term are 4600, 5600 and 9000 satoshis (current ATH).
For a long perspective, 14000 satoshis is where i plan to sell at least 50% of my holdings.
Anyway, we need to see some action before going long, a bounce from the currenct level and a strenght break out from the downtrend.
About the indicators,
RSI is HEAVILY oversold on both time frames.
MACD is bearish, on both timeframes, the daily one looks slighty better, its histogram show that we might be losing the down momentum.
We can see on our wave volume that the sellers are strong on this coin but they appear to be losing strengh on this last wave.
DMI however, still show a bearish sign, on both timeframes.
In summary, we need to wait to see how Cardano will react on the currenct level, entering long without any confirmation is risky besides this coin has good fundamentals.
Good trades for everyone.
This is NOT a trade signal and its just for educational purposes. Trade by your own rules.
OMISE GO - Go to where?Hello everyone, lets take a quick look at OMG USD.
As you can see OMG is going into a uptrend and just broke our daily pivot (not on chart).
Looks like we're heading to 0.382 fibo retracement, which is around 20.50 level, and if we manage to break it, 23.50 should be a good take profit.
Take a brief look on the volume of the last red bars, high volume but, almost no effect, tiny bars with low range, lack of sellers? no supply?
Anyway, OMG is a quite reliable token with good fundamentals behind it, i dont think its any absurd if we manage to see OMG above 50 usd this year, so yes, a good hold.
A quick look on the indicators,
-MACD is goind to have a bullish cross, above the 0 level.
-RSI show that the buyers have strenght.
-On our wave volume indicator we can see the buyers have strenght, again.
-ADX is starting to lose momentum but still, DI+ show a bullish momentum.
Its important to say, as we all know, the criptocurrency market will mostly follow btc, so if btc for some reason dump again, omg will most likely follow it, however as i've said, its a good hold.
And regardless btc, our uptrend and 50ema should provide a good support level, if OMG break it, we might reach lower levels again, which will be very good for reload this token.
Good trades everyone.
This is NOT a trade signal and is just here for educational purposes.
BTC-USD -Good news, brothers and sisters!Bulls to come back soonAs I wrote yesterday we have a very good signal for Bitcoin .We went out of the area of the bears. This is one great news for Bitcoin and we need to stay above it to seal the broken downtrend. On the graphics 1 hour we see there are several attempts to return in the area of bears, but the red line proves to be a strong resistance. This is our support area, if we remain above this line, and we can move on to a new phase in this market cycle.
What next ?
If the price is kept above the red line and the 4 our graphics it is possible to test the black line. It is important to note that we need a correction.
However, this correction will be a little late, it will be the moment when "smart money" come.
It takes a little patience.
I will update the analysis.
I expect your opinions and comments <3
BTC - Some levels to keep an eye. So, finally BTC appears to broke our downtred from its ATH, which its already a bull signal.
We can see we might be forming an inversed head and shoulders pattern (its NOT finished yet and may not finish) and IF we get a breakout from it , above the 11000 level, it might be a good entry signal.
Another and a safer way to trade is to wait BTC to retest either the uptrend or the 50 ema and reject it as a support, however there is the risk of btc just go moon without retesting it.
So IF we complete our H&S pattern the HIPOTETICAL target should be around 16500 level but it might take some time to reach it since we have 2 strong resistance levels before.
On the other hand IF we break our uptrend and the 10000 psicological level we might go deep again.
About the indicators,
we can see MACD is just about to cross to the upside and above the 0 value
RSI is going bullish as well
ADX is below 25, so we might be in a decisive moment, time to get our momentum back.
And we can see as well how the volume is increasing on our bullish waves.
So there are a few options here.
-Wait the H&S to complete to enter long.
-Wait for a retest of either 50 ema or uptrend and the rejection of it.
Both options have his own risks, and its not because we broke the downtrend that btc will just go moon again, however its a REALLY good sign.
If i go long i might put a stop loss just below the uptrend.
This is not a trading signal or a buy sign either. This analysis is made only for educational purposes.