Bitcoin direction 1.11Hey Everyone,
Bitcoin today may increase because of the huge demand that Bitcoin will start being traded on the regulated CME Future Exchange.
As you can see in the graph there is a potential to go up to $7000 for the next few days.
Also As we can see there are the profit takings of the former investors and with the profits that they made, they buy alternative coins that have a small price and huge potential,
with the low circulation amount.
Cryptocurrrency
BITCOIN TIME ANALYSIS IS 1NOV2017 THE TOP? current $6348 31Oct17Here is a quick Time Analysis showing a POSSIBLE date for a Top which is 1Nov2017.
Sean Vengan
10+ Years Professional Trader and Trading Educator
REALITIES IN TRADING:
In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading.
We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE.
Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades).
Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY.
Always factor in "WHAT IF I LOSE MONEY ????"
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
BITCOIN may go down for a short term of 1D and...Hey Everyone,
For all the ones that care how much their Bitcoin will be worth until the end of the day or for the ones that want to trade on the Cryptos, it's an opportunity for market entry.
Bitcoin may go down for a short term of 1D and will make a recovery afterwards, pay attention in the graph I published, you can see a rule that market analyst with a little bit of experience can automatically realize it
and it's one of the basic rules of the Bollinger Bands saying if the first peak will be outside of the upper band of Bollinger and the second peak will be inside of the upper band of the Bollinger meaning the prices will push down for short-term, also the moving average is confirming it.
So if you want to buy Bitcoin today, wait, it will save you a lot of money between 150-300 USD per coin. plus the commission that you will pay for purchasing them will increase your cost so be patient it will be worth it.
BTC Hourly EquilibriumCongrats bulls! Huge move yesterday and currently seeing healthy consolidation.
We currently have a higher low, lower high pattern forming on the hourly as we find a healthy range at these new levels.
Bulls currently remain within striking distance of a new all time high.
Higher highs will be a bull entry signal with the lack of resistance we are seeing in the upper $5 thousands.
Bears can drop hundreds of dollars very quickly so stop losses are essential.
Bitcoin Entry into Zone current $4410.00 3Oct17As previously forecast IN ADVANCE,we are entering into the Zone (no not the Twilight Zone).
We have traded this CORRECTLY and with PRECISION
The Resistance and Support Levels have been provided for you on the short-term (daily) basis and it should be self-explanatory.
For longs: I would suggest not entering a new long position at current prices as the Risk-Reward is not in your favour. Existing longs can close with a profit or hold with a trailing stop.
For shorts: There are no sell signals as yet so be patient.
I remain bullish until structure changes. We are still looking to hit our target around the $4,600 mark on the Bitcoin long trade I posted awhile back.
Professional Advice:
There is a time to trade and there is a time to WATCH and OBSERVE. Guess what time it is now...
Trading requires alot of patience and then fast and immediate action when a high probability setup is presented ( like a lion stalking his prey)
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
Dash Long current $352.35 28Sept17Dash Long - Risk Reward approx 3.5:1
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is your full responsibility, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up my valuable time providing analysis to you please respect that I am providing it free of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please don't disrespect me or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
Ripple (XRPUSD) Long current 0.18431 27Sept17 Ripple breaking out with support and positive momentum
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is your full responsibility, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up my valuable time providing analysis to you please respect that I am providing it free of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please don't disrespect me or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
LTC Clear Tightening Pattern4 hour descending triangle continues to tighten.
ETH in a similar pattern but much closer to breaking downtrend resistance.
Looking for a clear break of this range sometime in the next 24 hours.
Bulls have slight momentum but still have these key resistances to get through to give convincing movement and confidence.
[FLO/BTC] Altcoin 7:1 risk rewardFirst thing to consider is the volume of this coin, therefore the size of the position - it's a smaller coin so you should watch for 5 figures orders, you might get stuck.
A week old up trend has just formed and the Stochastics show it's extremely oversold and also it approaches a very solid resistance drew by fibonnaci's retracement.
Wait for first candle to close above the support and set a buy order 1000 satoshis above it, if it fails to bounce you're safe. Watch closely because it might bounce a little before too.
BTC possible hourly Bear FlagYesterday the bulls spent all day building support, seeing higher lows and higher highs, and a 4 hour bull MACD cross.
We then saw a bear attack and a fast dump last night, potentially from the WSJ in the US being very late to the game but reporting on the Chinese exchanges.
We are back to the bears in full control, and the bulls trying to cling to freshly established supports. $4,000 would be next.
4 easy ways to earn profit using Bitcoin.Not everybody knows that it is possible to earn profit using Bitcoin using several ways. This forecast is unlikely to help you in such areas as:
-Mining
-Buying
But the forecast can be very useful recommendation for directions of:
-Forex trading
-Binary options trading
If you want to go into the depth about the last two points welcome to my online educational lecture and enjoy the possibility of asking questions on live session.
[BUY SIGNAL - 15:1 RISK REWARD ] OmiseGO/BTC Ascending TriangleThe pattern is formed backed by a strong up trend(short, middle and long term), plus the rumors about china ban are being "cleansed" and the whole market is stabilizing and ready to go back to it's strong up trend. Also the ATR shows a good chance of a sudden and strong movement - so a good risk:reward can be achieved in a rather safe trade judging on how loose you go in your buy zone.
NEO Breakout NEO bulls were just waiting for some confidence the low of the fear dump was in, and news provided the catalyst.
Caution of overbought conditions as we consolidate.
News breakouts are a great opportunity to flip and reload more coins.
As I write this hourly RSI is still mid 80s as we form a bearish reversal spinning top candlestick, though still 35 minutes until the close.
Looking for the daily chart to start a new uptrend with a higher low forming on consolidation.