Crytotrader
New Monthly Chart for Bitcoin USD
The past few monthly candles and the current MACD suggest June will be a positive month.
The yellow box indicates the inside candle zone that we're currently stuck in the middle of.
A push to the top of that zone is a 14% gain. This also corresponds to testing the ATH trendline. If we achieve that by end of June then July could see a massive rally up to test ATH (a 75% rise)
LTC/BTC Is price ready to break to the upside? After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows,
Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move.
If we start making moves to the upside I will be looking to take a long position if it breaks and closes above resistance with a retest of support.
short tron now!we got the lower low lower close in the circle, we got the pullback to the 61.8. great trade setup
ETHBTC (20~ PIP MOVE)Recently starting an uptick in momentum, ETHBTC is headed back towards the top of its current trend line. Gratefully I caught an early buy position at 0.019996.
Nows a good time to buy, the current pullback is practically complete now.
Check out thing cool Fib pattern on EOSUSD Would be so crazy if this works out... Everytime after we moved higher = down to 0.5, then up to .382, then Higher.
Bitcoin Cash SV - Is Craig Wright Satoshi?I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
LITTLE BIG MOVEMENT LATEST BLOG POST
BCHSV - It has been a hard week for BCHSV as Craig decided that he would go on a rant about how he is Satoshi. I have left value area box from the 10th April to show how price has stayed within this area even after Craig decided to go on his twitter rampage. I try to keep away from the fundamental analysis because the news is always slow to react and the charts are the fastest way to see when something has changed. If you look at the tweet from CZ, the big boss at Binance you can see that the time of his tweet **FCUKED** the Bitcoin Cash SV market.
CZ tweet was at 9:45 PM - 11 Apr 2019
I will be honest it is not CZ's fault, but what Craig is doing is directly affecting the industry and the SV coin. I doubt I will be able to provide more technical analysis until Craig decides how he is going to approach his quest to prove that he is Satoshi. Fundamentally the coin should be fine, but remember that people like CZ can change the game in one tweet.
"Patience is the key to any market" - Nathaniel.
Next update will be in the coming week - Thank you for your love and support.
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
some thoughts on ETHETH rally in December is quite impressive, with the price almost double in half a month. As you guys can see, in the chart, after failing to push above $160 level, the downtrend is also very straightforward. pin bars are obvious each day. I expect there's still some downside room and major support stands at 110 level, where traders would focus on the price action and probably there's some bounce.
also noticeable is that fact trading volume keeps dropping due to holiday reasons. I suggest trader should keep a low position in the market.
#ETHUSD #Ethereum still nothing to be worried about for a localbottom play from 200 to 300s. Rising RSI on this consolidation pattern implies the move will be to the upside. Wicks can definitely stop you out given the lack of general belief in a local bottom here and lack of liquidity. Nevertheless, entries near 200 would still provide nice R/R for the breakout.
ETC easy tradeEtc usd pair looks like it has a potential bottom. This is a really easy trade because if it goes south of the red, dotted trend line you know it didn't work. Green arrows point to the entry boxes and the red arrow points to the dotted line where you want your stop. If it goes under that, the trade didn't go as planned. This trade should go right or wrong SOON!
Disclaimer:
Not investment advice DYOR
This is USDT pair. That means we're trading bitcoin leveraged through alt coin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend.
This market takes your lunch. Put your stop in profit or immediately take some profit, when your trade goes right, so then your widened stop can't do damage.
If bitcoin poops, so does this chart. But you know this.
Go get that money. Go chase that money
XRP buy setup!Hello my Crypto friends, BITFINEX:XRPUSD seems to be consolidating here. So buying this breakout is a really good idea.
So keep an eye on it, be patient & trade with care!
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Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support! :)
Look at my previous XRPUSD analysis!!
Long on ONT 4hr (Looks real good)Setting up very nicely. In the flag portion on the bull flag. A buy any where around .50 is good. Stop below the latest pivot low on the 4hr chart. Fib levels for targets. Can also buy the flag break out.
Apophenia and the Bullish possibility.This is the bullish scenario.
APOPHENIA is the tendency for people to see patterns in a set of randomness. However, Bitcoin has shown some obvious cyclical patterns over its infancy that appear to be useful.
We are by now most all familiar with the Wall Street cheat sheet, which is really just a graphical representation showing human behavior as a whole. More and more this is starting to look like a Wycoff accumulation. Each successive sell off has been more drawn out and less extreme. Liken it to the physics pattern of kinetic returning to potential energy. Consider that we are throwing a rubber ball up to a new shelf from a point of lower elevation. Upon landing
it would have a first initial large bounce, Then bounce to half its previous height with every following bounce.
Now a trading chart might not follow the same axiomatic framework as a physics experiment, but the analogy is helpful in grasping the concept. We are also starting to see some instance of support in OBV, an indicator I like to use along with RSI. I am not a fan of too many indicators, as I think it clouds and clutters the clear picture. The only thing I look for with those indicators is flattening or divergence. Which on balance of probability, seems to be helpful.
No asset can be monotonically positive, so as anything that grows, the gains are reaped along the way. Profits will be taken, and this could be the reason for a Wycoff pattern. Remember, this asset is still in its nascency, and just as Metcalfe's law implies, the value of a network is the square of its participants. We are still early.
TRX Brakingout of the small resistance!Are tronix finally ready?
- let's see what happens when we hit the main resistance? Be ready to take profits then buy back lower if we not can break the main resistance at this point :)
- I move stoploss same with the price increase
-My mission is to help as many as possible to get better in the market and take better choises with their money. Gladly join the (new) Discord Community CryptoNo Vikings \ news, charts and basic TA ( More to come ) for those who wish to learn that, you are welcome. :) discord.gg
A clear buyGuys let me know one thing do you really think that by only looking at charts and by drawing many stupid things around that makes anybody a good trader? well for me it's total no no,those who are involved in crypto markets understand this very well as they have seen many newbies traders giving advice based on there so called chart analysis that where the price will move in future,the funny thing is they intentionally makes there chart so difficult so nobody can understand and human tends to think those things superior which they can't understand lol,absolute thing which you should understand about bitcoin that while you are trying to predict its prices in future you should look at news,market sentiments and lastly your charts,so let's dive into it!!
Latest news
-Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange
-Apple Co-Founder Steve Wozniak’s Bitcoin Stolen
-Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card(strong)
-Justice Dept Looks to Develop ‘Cryptocurrency Strategy’
-Las Vegas Strippers Accept Bitcoin via QR Tattoos(strong)
-35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards(very strong)
market sentiment and technical analysis
-it seems market sentiment is strong bullish based on our T.A and latest news
-volume has been increased at a fair rate showing signs that bulls are taking control
-strong resistance at around 12200 that is why we set our target at 11700 being conservative
-50 day moving average is well above the current level
In conclusion we can say that this is a clear buy signal while we don't try to make you think that we are guru,magician or something like that instead we can only choose the best set up in crypto and send it to you!! in short our thinking is -we choose the best setup and then we don't care about the outcome as it is not in our control!!!
BTC Bounce ErasedYet another example to lock in profits on the bounces.
See the youtube videos the last two days for live examples of how I profit on these dumps.
If we break to lower lows we will have 4 hour RSI under 20 and daily RSI at 30.
4 hour inside bar bear break last night was the indication bears still had control.
Use hourly EMA 12 and 26, they have rejected every bounce attempt and are the target I use to take my profit.
I have been trading ETH but using BTC correlation for signals/levels.
If we see another flush I will enact the same strategy as the videos looking for another bounce and solid profit.
If you struggle to play dumps this is a great time to sit back and study!
XVG Verge ROAD TO GLORYthere's a saying in investing "investing is about moving money from the impatient to the patient". STOP BEING IMPATIENT!
Let's get a few things straight.
1. We had a failed breakout sequence. What does that mean? NOTHING. It's the market telling us that it needs more time. Hence the triangle expands slightly.
2. We're looking at an ABC corrective sequence now.
3. MY targets are still pretty much the same.
Side note:
My speculation was that the last breakout was due to market manipulation (caused by news, announcements, promotion etc.). This driving force causes a sort of temporary imbalance in the overall natural growth of a given market. Infact, if you look before the breakout of the failed wave, you can see that verge was trading at almost the same range at what it is now. It can be said that it is now continuing to finish off its last spell of corrective sequence (which it was initially).
I am studying/working on a few more coins to update you guys on. I'll upload if people wish to see more. It takes time to do these and I want to make sure I am providing people will the best results possible.
Donate if you like my work and I will keep updating:
Verge Wallet: DLpqiricBRkcomEDrxxt1pZZXuJFXmhhsb
BTC Wallet: 1PJE2EaMaWisxj1DGBueyRjfEw7moexDyt
$BTC.X #cryptocurrency #bitcoin potential big b/o setting upafter consolidating for a couple of weeks, Bitcoin may be setting up for a large breakout toward ATHs at 20k+. However, it will need to clear the region outlined in the box, which was a choppy region moving toward and breaking down from the 20k local top a few weeks ago. For this reason, I see 18k as a key level to either breakout above or consolidate under over. Ideally, the breakout would come soon showcasing strength toward 20k.
While we have had a nice market for trading alt coins over nearly a month (see www.coinhills.com), this nurturing environment may become choppier where people look to coins with more solid underlying fundamentals. I anticipate the turning point to be where Bitcoin breaks out above 18k to begin this trend reversal where attention is focused on Bitcoin again.
In the meantime, however, opportunities in alts persist and short surges in Bitcoin can provide valuable entries into other coins. They have been considerably strong since December. The "obvious" trade is when Bitcoin goes up alts go down - that was the major paradigm late last Summer into the Fall. Can a new trend develop where alt coin prices become uncorrelated with Bitcoin? Absolutely. That would definitely throw people off and is a future possibility you should keep in mind.
If you're interested in trading alts and don't yet have an account to do so, I recommend Binance (referral link that helps me a little while you still retain low (0.05% via BNB) fees: launchpad.binance.com) and Bittrex (more alts, lately more sluggish though).
150 Support LineWith early morning pullback in crypto market XMY confirmed 150 support line. Next resistance around 180. ATHs are rolling.
NEOUSD to $52 LONGIf you look to patterns of new coins, BCH,BTG etc and this one NEO included, we will see similarity. The first two went to the moon! Base of TA this show very similar pattern and we can at least heading for $52. I have read quite a few analysis from the analyst within the TV community and to conclude its the one of the few coins that has pretty good link with China authority and good fundamental. So I am LONG NEOUSD to 52.
However we are at pretty strong resistance level right now. A buy order should be place above 39.5 with SL at 33 and Target of 52 with 3 resistances at 42/45/48. I am sure when the flood gates are open these resistance can be taken out easily.
Happy Trading
