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Cryptolong

After the Bitcoin market fluctuates, how to choose the directionBitcoin, judging from the daily level, the current price as a whole remains within the range, but there are obvious signs of decline in the price operation, and it tries to break below 22,000 US dollars, forming a long shadow line.In terms of technical indicators, the opening of the Bollinger band is downward, while the short-term moving average is suppressed downward, and the MACD is downward, and the short-term bears have the advantage; however, Bitcoin can recover to above 22,000 after breaking below 22,000, indicating that the current market sentiment is not overly bearish. In the fluctuation of the K-line, beware of the possibility of retracement of the K-line to induce short-selling.In addition, there will be greater news stimulus on Wednesday, and we need to pay attention to it. Judging from the 4-hour chart, the currency price is still in a state of shock and sideways trading, and the sudden short-term decline may be to wash out unwavering retail investors, but also for the arrival of a big news market brewing tomorrow, the box support below and the support of the 22,000 integer mark are still valid, so you can still consider going long at a low level in terms of operation. Operation idea: Consider going long in the low position near COINBASE:ETHUSD 21800, and the first target position is 22600. In order to facilitate you to continue to follow up on my analysis and sharing, you can like and follow me. In addition, you can enter my channel for free in the following ways to follow real-time views and operational strategies. BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:ETHUSDT BITSTAMP:ETHUSD COINBASE:ETHUSD
BITSTAMP:BTCUSDLong
by Blessed_V
Etherium 🚀🚀🚀If we have already seen the low in Etherium in June this year, we are just at the end of wave (II) of another ascending movement. So we completed wave (I) on August 13 and since then the market has corrected roughly to the 0.618 Fibonacci retracement, a common level for such moves. If the move completes at the 0.786 retracement, we will see values of at least $2977.05 in the following wave (III) (1.618 extension). However, the wave (III) is known to extend, which is why values above 3000$ are also possible without any problems.
COINBASE:ETHUSDLong
by DavidJankowski
1
Bitcoin Correction? Let's See!I'm tempted to get into a long, drawn-out explanation for why Bitcoin (among other cryptos) may be a buy at the moment, but I'm gonna keep it as simple as I can. Just so you guys know, I called the crypto top back in 2017 and the top late last year. I said that to say that I have a pretty good idea how to read market direction. What I currently see if price hitting a weekly demand level between the 1750-2000'ish range and price has responded to that level in a way that you'd want to see if you're a bull. Once you get down to the daily, you see price consolidating as it has been doing since June. if I'm a long-term bull, this is what I want to see because it indicates (not guarantee) that there's possible accumulation at this demand level. If prices happen to breakout to the upside, then I see 30,000 as the next likely target. At 30,000 however, prices may fully reverse and continue down. Personally, I think that's what is more likely, which is why this long recommendation is more of a correction play and not a trend reversal play. However, if 30,000 is taken out, I think that we'll end up back in the 40,000's. Conclusion: I think that a play on a long side is cool if one wants quick action in cryptos for the time being, especially as the dollar is moving down. The trend is still down, nonetheless, so I wouldn't get TOO excited about any breakout to the upside.
BITSTAMP:BTCUSDLong
by sdotcarter_x
1
ETHUSD CHart AanalysisMy whole strategy is based of the emotional attachment investor have to there money , when i look at cryptos i find a euphoria point (the highest its ever been) and a depression point(where price drops and holds) , i use my Fib to find my Euohoria and depressions points , So far ETH has been holding 2.1k. i Expect multiple touches to this supprt , Utimate entry at 2.1k / my next TP(euphoria) will be @5.2k , i use the my FIb levels to find the space between my previous Eupjoria Points to predict my next euphoria POINT , From 4.27 to 4.77 to 5.3 Fib levels Follow me @IG:420___247
BITSTAMP:ETHUSDLong
by jesussala23
BNB/USD investment ideaBNB/USD: So when we look at the chart we can see that the price has been moving a lot this year. When we look at the all time high this crypto was up for 1701,48%. As we see now we are still up for about 995% on a year basis. That is still very good. What we can see now on the chart is that the price has been in a little drawdown for now. From the all time high we are down about 40%. What does is good now is that we can see that the price is at some sort of support and that we are on the 0,618 level of the Fib from the start of the rising wedge which it did just touch but was unable to go below that level of the Fib. This is also a good sign. There is a possible rising wedge forming which does look valid for me.In my opinion we do get a lot of touches on the wedge and the price did always reverse when we got a hit on the wedge. We can now see that the price did go below the wedge but did not close below it so that is a good sign. As long as we do not get to see a close below the wedge I think that we are good and that this stock has a possibility to go back up. What does not look bullish for me for now are all the MA that I draw on the chart. Normally when they are above the price it means that it is more bearish. When they are below the price that it means that it is more bullish. As we can see the MA’s are above the price so that could indicate a bearish movement. That is why I will be starting small and growing this investment overtime. We can see that the price does vary a lot and that the crypto has a lot of movement and a lot of wicks when we look at all the daily closes. This is something good and bad. If you trade this for the longer term than it does not really impact your investment a lot. When we look at this in the shorter term so more in the daytrader view than this could be a problem because then you need to keep that in mind before you set your stop loss level and then the risk-reward of the day trade investment could drop a lot. Even so hard that it is not worth it anymore. For me this is just a longer term investment that I will take and I will not be trading this for the shorter term. The reason that I am investing in this crypto is because I think that Binance is a good company and is doing good things. The stock to invest in the company can not be traded on the open market but the coin of the company is the next best thing so that is why I am investing into this company. If you have any questions feel free to send me a message. If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments. Everything you see on my profile is just for educational purposes only.
BINANCE:BNBUSDLong
by MaBaCapital2