Cryptocurency
ION/BTC (FREE SIGNAL) (200%+ potential profits!)ION (ION/BTC)
Ion over the last few weeks/months has printed a large falling wedge structure and now sits on a strong support and could possibly follow the other Bittrex Altcoins which are starting to rally.
Crypto Eye Trade Analysis:
- Falling Wedge
- Showing Strength At Support
- Bullish RSI & CCI Divergences
Our Entry Zone:
0.00005700 - 0.00005700
Our Targets:
1: 0.00008100 (+37%)
2: 0.00011500 (+96%)
3: 0.00018100 (+201%)
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Have a good day and trade safe,
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due-diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
LTCUSD [Daily] Is it the most scary chart? 8 usd ?One of the most scary chart Ive seen lately ( taking top 25 into consideration )
Bulls need to hold current levels around 23,50 and start consolidation otherwise we may even fall towards... 8 USD jeeeezzzz....
Above 35-40 USD there will be light in the tunnel
Trading levels for 10/04/2018Price actions suggest that sellers are stepping in everytime bulls try to move higher, short term that is not a good sign, therefore we might see some continuation to the downside this week or maybe next week, i feel that if we break 7630 we can see price moving down to the ascending trendline.
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.
PPCBTC Might Be Forming An UptrendPPCBTC has had a strong momentum move in a weak momentum downtrend. Typically we see a new trend form when we see strong momentum in a weak trend. Therefore this could signal that PPCBTC is switching to an uptrend. We are still buying into consolidation on the daily chart, so we're looking for an entry here on the 1h.
We have limit buys set for the 618 fib retracement of this recent movement, with a stop loss below support.
Our targets are the resistance level of the recent movement, and the natural 1.618 fib extension of the movement.
DI+ is well above DI- and ADX is rising above 25, which shows this is a potential good entry on the 1hr chart because bullish momentum is much stronger than bearish momentum and the trend is strengthening.
Bitcoin; the Diamond Bottom is in, long to 7000! The diamond bottom is in for Bitcoin -0.49% if the bold turquoise trendline holds.
Long above 6400, target 7000, stop 6180.
Everyone is waiting for sub 6K to buy in and lots of shorts might get trapped so I can see plenty of people underwater.
It would be a classic move by bitcoin -0.49% to turn up from here.
RSI and MACD showing bullish divergence, sellers exhausted after the broadening wedge.
$XRP, Big Move Or More Bears…
Weekly
Looking at our trend timeframe we see price has is currently at our major psychological support level at $0.45, we have also formed a lower low at this showing supports been found. Stochastic RSI showing momentum is has slowed down and we are looking to bottom out. A weekly close below $0.45 would be catastrophic, as you can see there is no support shown until our original breakout zone near $0.25. Last week we saw price go up $0.51880, although we did not close above we can expect price to make another attempt within the next two weeks giving us a wick fill. XRP is now looking to for a lower high, that is if it decides to respect its downtrend. We should expect a lower high to form at or below $0.60, that is our last major engulfing candle as shown on weekly. Scenario number two leaves us with a radical push through $0.60 leading us to forming a higher high, indicating the end of our bear trend.
Daily
Shifting over to our pattern timeframe we see price displaying normal downtrend behavior, momentum in favor of bulls however price remains quiet. Expecting price to remain above $0.46700, if we get a close below this level we should see XRP counting pushing towards the downside. Expecting price to remain inside our master candle from (July 2nd), a close above or below this candle will lead to a breakout/breakdown (Safe Entry).
4Hour
Last but not least looking over at our trigger timeframe we see price formed an inverse head and shoulders, broke out and tested for support (as highlighted). Stochastic RSI showing momentum is heading towards the downside, price currently trying to break above $0.48, a 4hour close above this level would activate our XRP/USD trade to our next lower high/higher high. However if we fail to close above this level expect price to fall towards our original breakout zone from last year ($0.25)
*If you are looking to leverage trade crypto pleas message me for a recommend broker.*
Bitcoin Critical Point
Weekly
Looking at our highest timeframe we see price has tested weekly minor support @ $8,000. We have since retraced back up to $8,300, Stochastic RSI showing momentum is bearish. A weekly close above $8,000, and there is hope we don’t panic sell towards $7,000.
Daily
Shifting over to our pattern timeframe we see price bouncing off a potential dynamic and horizontal support. A daily close above our aggressive trendline DOES NOT activates our trade. Patiently waiting for a retest of support once price has broken our. 2018 has given us too many bull traps, extra caution will be taken. Stochastic RSI showing momentum is heading towards upside.
4Hour
Finally looking at our trigger timeframe we see price is looking to form a higher high, leading towards, breakout. However entry will not be taken until price has retraced to test for support before taking any entries. Stochastic RSI showing momentum is bearish.
Conclusion
Buy after break and retest of support from aggressive trendline on the 4hour.
BITCOIN: expected retrace from the 10k lineAs many predicted.. if we dont break the 10k line we will have a possible retrace down to 9.4 - 9.6k.
Im glad the support there did hold for now. If the regresseion trend patterns will repeat, we will observe a 10 to 15° uptrend for the next 3 to 5 days.
That means we will break the 10k (psychological barrier) in the coming days. I expect a small retrace down to maybe 9.8 - 9.9k BTC after we saw 10.2 to 10.3k.
My target of 10.4k - 10.6k still remains valid for the coming consensus 2018 conference mid may. Check out my other published ideas for this.
Im bullish on btc and the crypto market as a whole. I think.. the moment we break 10k and can hold it, will be the signal to go pass 11.6k and close this massive double top (20. february and 05. march ) for sure!
Bulls are showing their strength on the 0.5485 zonePrices have broken the bear channel where they were since the 5th of march.
This is the a little positive sign for a potential trend reversal.
Nothing is done yet. The previous support in the 0.7031 area became a resistance and have to break to put more strength on this move.
A re-test of the lows in the 0.5485 is also possible.
I am neutral for now. Prices are still in the big range (in orange on my chart) and below the MA50.