Cruptocurrency
BTC/USD (Bitcoin), We should wait on a disscountPrice still in a pullback cycle. That's why we should open Sell near $7650 or just wait on a pullback to the find better price where we will be able to open buy.
Next key levels where u can start open buy is
- $6300
- $5800
For it will be great if BTC will hit $5800 because at that price we will be able to open long - term buy
Write under idea your thoughts about BTC
BTC short-term BULLISH (Massive cup and handle forming on daily)Bitcoin appears to be forming a massive cup and handle formation on the daily timeframe. This formation has been in play since early 2019. BTC is looking to re-test $4200, at which point it will be rejected back down to ~$4027. This will mark the completion of the handle, at which point BTC will shoot up into the $5000 area. Whether or not it will be rejected then remains to be seen, however it is looking bullish in the short-term.
BTC/USD: Enter LONG and profit from the next rally to $4,200Hi there!
On a BTC/USD price chart, an ascending trend channel is being formed,
which is a strong continuation pattern that generates a buy signal.
Enter LONG at $3,800 and wait for a new rally expected to take BTC/USD to a new high.
Meanwhile, we expect a short-term downward trend channel to form over the next 3-5 days
representing a ‘healthy correction’ type of pattern.
Once this pattern is broken and the price breaks through the upper trendline,
The price is expected to move at least to the nearest resistance price at $4,070,
and then proceed towards the upper trendline of the trend channel at $4,200.
Therefore, the medium-term trend on BTC/USD is UP.
Recommended action: Enter LONG at $3,800 and wait for a new rally
expected to take BTC/USD to a new high.
Target: $4,200 BTC/USD (in 5 to 10 days)
Entry price: $3,800 BTC/USD.
Forecasted P&L: +$400 or +11% (per 1 Lot)
Risk/Reward Ratio: 4.0
Stop-Loss: $3,700 ($-100 or 2.7%)
As mentioned above, to maximize your gains, look out for quick
sell opportunities in a range of $3,900-$3,800,
as the price adjusts downwards and the Stoch oscillator is in the overbought mode.
In this analysis, I combined the application of trend analysis with technical indicators and chart patterns, which allows me to make accurate predictions.
Enjoy your crypto trading and make profits. If you have any questions or suggestions, please write them in comments below and I’ll respond to you promptly!
SPX (S&P 500), Daily Chart Analysis 12/20Technical Analysis and Outlook
The S&P500 closed sharply lower on Wednesday as it completes its Inner Index Dip to 2490 . The low-range close sets the stage for a steady to higher Dead-Cat-Bounce to Mean Resistance 2590 level (Leg 5). While the second resistance lays at Key Resistance 2651. Currently, there are no significant support levels other than completed Inner Index Dip 2490 level and Outer Index Dip 2382 upcoming outcome. See 'Market Commentary' tab.
Trading levels for 9/13/2018Hey traders, here are the levels for thursday, it was not a surprise that the market had a down day on wednesday, we were expecting that after a move to the 50 fib level, and also some pressure from the broken trendline . For tomorrow if price keeps moving lower i would like to buy S2 or possibly S3.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for Monday 8/27/18Hey everybody here you have the levels for trading on Monday. Last friday we only had 1 break even trade. Next week we expect the market to move higher, we have 7600 as the 1.27 extension and 7650 as the 1-1 levels as well, but before trying to move to and test these levels we have to close above the ATH 7530.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
ETHUSD: Bear ContinuationEthereum has broken trendline support and is now flagging beneath - classic bearish action. A return above the support line would stall downside momentum, otherwise the path of least resistance is down.
I'm eyeing the 340 area as first support. From these levels, that's a risk-reward of around 2.5 ...not the best, maybe a better average price can be found on a bounce, maybe not.
For now, I'm not considering a drastic bloodbath in cryptocurrencies. However, I do believe that confidence has been lost, and the entire space needs to go into hibernation for a while. Evangelists will cry that 'the fundamentals just keep getting better', but here comes a rule in investing: fundamentals mean nothing if they don't directly impact supply and demand. Sorry, but all the blockchain infrastructure that is popping up doesn't mean the price has to rise. Blockchain infrastructure is bullish, if your time frame is 10 years or more, but you simply cannot trade fundamental claims. Unless there is a direct impact on supply and demand - sorry! - the market moves according to immediate confidence of market players. And right now, the moral hazard of exchanges and the persistent danger of hacks has shot the speculative momentum for the time being. Crypto will rally in time, for now I maintain a bearish bias on the space.
With that said, now is not the time to have large positions either way. I'm trading ETHUSD short because the risk-reward in BTCUSD is not sufficient to even warrant a trade. My position sizes are extremely small, and my expectations are minimized accordingly.
NANO BULLISH COUNT **FINAL UPDATE**Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower, ill have to start thinking corrective instead of impulsive and change my count.
**NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
EOS: LESS THAN 24 HOURS = 9.53% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 16th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 9.53% PROFIT!!! IN LESS THAN 24 HOURS.
The increase in price may also be explained by positive developments including:
1. Announcement of that WAX token (a crypto that aims to generate Global Decentralized Marketplace for Virtual Assets including the sale of in game items) identifies the a variant of EOS on which to build it's custom blockchain. WAX is a very high profile project with a market capitalisation of $174 million USD.
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
ReddCoin HUGE potential. On its way to 0.0090000Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC) !
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My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
$OSTBTC long idea$OSTBTC long idea. Buy under 4900 sats. Symmetrical triangle pattern. Breakout expected.
TRX Breakout points - Feelin' Bearish!Hey guys,
TRX has been taking a massive beating since its hit its all all time high wit the help of FUD and weak BTC performance.
What you see here is the following:
SR lines are marked in blue
Bright Green lines are past trendlines
Dark Green line is current trend
Green Flags are breakout points
The two circles show TRX coming into a squeeze where volume boosts! TRX breaks trend and drops under its support line.
NOTE Fundamental analysis is showing a calm sky. Should reflect some stability/consistency in chart
TRX is a sleeping bull with some great news including a mainnet launch on the 31st but with the current BTC market it will continue to have a hard battle with the bears
$RISEBTC long idea$RISEBTC long idea. Buy under 7100 sats. Symmetrical triangle pattern. Breakout expected. Airdrop starts on January 31st.
[RIPPLE] "Falling Wedge" Don't Short this Beauty!Just one request don't go short on Ripple just BUY it,
RIPPLE - $5,608,710,000 - 0.27% Increase in Change(24hr TILL NOW)
On Thursday, Ripple announced a tie-up with Dallas-based money transfer giant MoneyGram.
In a statement, Ripple CEO Brad Garlinghouse described the MoneyGram tie-up as a strategic one, and said it would demonstrate XRP’s ability to lower costs for money transfers between friends and families.
Set preferences to
Entry: Break or 1.64189
Target 1: 3.50833 (113%)
Stop Loss: 0.84238 (48%)
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Source - General public Information!