$XRP.X Ripple has the potential to hit bottom of lower channelAt this point it is obvious that Ripple is in a downtrend and some are recommending to buy it now but I think that would be a mistake. Based on the chart it has the potential for much more pain in the short term and could possibly test the bottom of the lower channel. In addition Ripple has broken below the 200EMA and I would consider it a no touch until the dust settles.
Based on the current decline a buy point could be around the mid 0.00011 Satoshis.
Good luck.
Cyrptocurrency
4hr XVG Gearing Up!!Finished its 3 wave ABC correction and has started its first 3 waves of impulse now going into its 4th wave correction before entering its 5th wave.
Let me know your thoughts!!
TRX: HUGE 40+ PERCENT GAINS WITH A 7.25 RISK REWARDDisclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that TRX is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump" , it is just a friendly investor sharing his insights.
As you may know, I charted TRX a few days ago and we saw incredible surges in price. At one point I was up around 150% my money! With all highs there are lows and I soon saw TRX slowly come crashing down. After watching the charts, and holding, I now see a potential for TRX to explode again.
Let's get started!
Firstly, I wish you could see the 1 minute chart that I have created. Tradingview won't allow me to publish the 1 minute chart, but if you could, I would try to change it so you can understand my predictions.
To start off, I put an orange line to indicate the support line . For the past day I have been seeing TRX fall back on this number giving me the prediction that it is a good time to buy more stock .
The resistance line that TRX must break through to see a surge is around 0.00013704 (Purple line)
Like always, I put a blue rectangle to indicate where you should buy . This range is between the support and resistance lines. This would be around 0.00013703 and 0.00013248
I will be putting milestones in the chart, but you do not have to follow them.
1st milestone : 0.00014112
I would not advise to sell anything at this milestone. If you are skeptical about trading and want to ensure you come out of this trade then take a small percentage out.
2nd milestone : 0.00014795
I believe, even if you want to hold for longer, you should sell a small portion here (10 percent) Ensure you have some profit from this trade.
3rd milestone : 0.00015436
This is a huge milestone. If TRX hits this milestone we can easily see it surge to the fourth.
4th milestone : 0.00018843
In the next few days I believe that TRX as the capability to easily surge to this milestone. That would ensure a 40% return with a 7.25 risk reward.
Thanks for looking at my charts. If you have any questions or pointers regarding TRX or trading in general let me know. Happy trading!
REQ: NEXT PAYPAL SHOWING GREAT UPWARD TREND AND HUGE POTENTIAL!Disclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that REQ is an excellent investment. After following it for a few weeks I made an investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump", it is just a friendly investor sharing his insights.
I have been following REQUEST NETWORK for a while now and I believe it is one of the few cryptos that actually has a very strong foundation regarding technology. If you didn't know, the Request Network is trying to essentially be the next Paypal service. It is very interesting and if you want to invest in it I would look it up and do your own research.
Let's get started!
REQ reached it's all time high on New Years Day and has been showing upward trends today. (Yellow Line)
Firstly, I put an orange line to indicate the support line (0.00075250). When REQ corrected after New Years Day it fell back to this line (January 5th) and has done the same today.
The purple line indicates the line in which REQ must break through. After doing so, I expect a sharp explosion.
If you can zoom out of the chart and look at my previous charting of this chart (Around December 29) you can see that REQ actually showed a very similar trend and then it exploded.
So let's get started!
Buy in (Blue Box) :
0.00088318-0.00081981
1st Milestone : (0.00093341)
Take some profits (10%) to ensure you get something out of the trade. REQ has been very jumpy and, as we can see from the past few days, has many highs and lows. Treat yourself.
2nd Milestone : (0.00100468)
I expect to see this one reached shortly after hitting the 1st milestone. REQ seems to shoot up very quick and have a short correction. Keep that in mind when looking into this trade.
3rd Milestone (0.00107445)
This milestone seems like a resistance line for REQ. In that case I would put a sell order in at this line so just in case it does hit this milestone you can still get the sell.
4th Milestone (0.00117648)
This milestone will take a few days. Put a sell order, just like the 3rd milestone, because it may only be there for a few minutes.
If you have any questions or input I would love to hear it. I am learning about the crypto-universe just like you. Thanks for reading and happy trading!
Litecoin's recent ABCD transforming Elliot WaveThe Latest bull Rally from Litecoin formed a near beautiful ABCD pattern then slowed momentum down at previous resistance. Now we are seeing a bullish Elliot Wave appear, possible could break through this resistance level to get back to the ATH from before. Litecoin is in for a very bullish year in 2018
Power Ledger, Possible 60% growth. Power Ledger,
Finbonacci Trend based Price/Time extensions used to predict possible future price levels and date of arrival after the breakout of the pennant. Support/Resistance lines in red, if price breaks bellow pennant, a good buy at the support level, its all time low, may be possible. Entry after price breaks above pennant with bullish candlesticks and volume.
First target - 0.00007548 | 10%
Second Target - 0.00010817 | ~60%
IOTA - Short Term - Trade Opportunity Here is an idea for short term IOTA trading. IOTA is doing well despite BTC bullish run. Among 3 resistances shown in the chart, Resistance 2 seems to be the strongest. Once it is broken, the first target (5.5 levels) is easy to achieve. It is possible IOTA can swing back and forth within the support/resistance lines (especially between 3.5 and 4). We need to be patient. We have a strong support at 3 and 2.5. Currently it is at ~3.6, which is a good level to buy.
In my opinion, the chance of success for this trade is good. But keep in mind that any altcoin, including this one,can be affected by any major change in BTC movement. Therefore, watch out BTC trend closely.
*** As always, trade at your own risk and do your research before setting up a new trade.
Last dip in (BCH/BCC) Bitcoin Cash wave before Bulls run back UPThese seem to be the last dips in the BCH/BCC Bitcoin Cash wave before before the Bulls take over and run back up, as it seems that the correction consolidation is starting to come to a resolution through so many waves of massive selling across the whole market. It's getting close to time to let the Bulls run wild... ;) We now have upward movement off the last dip.
1) This last dip has been hitting through and bouncing off the rising channel support line of the 50 day (EMA) moving average.
2) MACD/RSI both well oversold show lots of room to rise now. This could be the last opportunity to get in at this current price level.
Apart from the TA, there is also the practical real life anaylisis that BTC (Bitcoin), AKA "Bitcoin core", has lost some utility and BCH/BCC, being the same pre-fork bitcoin, is aiming and coming closer to Satoshi Nakamoto's original white paper proposal in creating bitcoin. More specifically, it now costs $20 or more dollars minimum to send the least amount of BTC to another wallet/person. I did the test in recent days. It cost me on a segwit wallet $24 to send $145 of BTC and $0.27 to send $270 of BCH/BCC (Bitcoin Cash) from wallet to wallet. The BTC took about an hour and the BTC/BCC took only a few minutes to complete. In my view, it doesn't take a rocker scientist to see how it's only natural that people will migrate to use in any practical manner the one which is faster and cheaper. On the hopes BTC has on the Lighning project, let's remember that Lightning will also work on BCH/BCC and others as well.
Certainly BTC has more inate value at the moment in it's embedded infrastructure such as now being speculated on in the CBOE and CME options markets, but if they don't move quickly to better compete on cost and speed, then once BCH/BCC build's into the entire cryptosphere, sooner or later BCH/BCC will most likely be worth more than BTC. Those are my thoughts at least for the time being. Who knows, though. With this still infant technology the sky is the limit to all the possibilities of how it will develop.
All the Best
150 Support LineWith early morning pullback in crypto market XMY confirmed 150 support line. Next resistance around 180. ATHs are rolling.
BCC could rocket in the next few minutes!Anything can happen within the next 20 minutes. With BCC already up 21% on the day, I think the volume will pick up significantly with a ton of buying power.
Ripple to $1.00Since its meteoric rise during the week, Ripple has moved into a consolidation period. Those looking for a continuation of the prevailing uptrend should be waiting for a breakout to the upside and a follow-through move to $1.00 a Ripple over the next week.
A breakout trade could be used with a pending buy stop order placed at 0.7890, stop loss at 0.6950, and target of $1.00. Alternatively, you could shoot for a $1.50 or $2.00 target over the next 3 months.
Good trading all,
Luke
NEO Long TradingThere are some active resistance and support lines occured for #NEO coin. We are at the bottom support line. Here is really important. If it turns back from this line we can see impressive rally. If it cross below this line, it goes down for next level. Hope have a good one!
VTCBTC Breakout Live Trade R:R 5:1VTC has bounced off support and broken the down trend. Climb to next Gann Fan level expected.
TRIG is about to explodeBroke out of Kumo and the triangle
MACD is Bullish
RSI is Bullish
Don't sell it cheap!!
Is it will be stop level?BTC without any facts from outside still go up and gained profit no one comes and tells me to look at news:) almost of us now it`s just found for justifying this moves not make it
Anyway last updates for us was in this charts
goo.gl
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goo.gl
the last one say
if btc pass $6180 and close above it
but what you will do? if btc back again and stay about this levels that mean $7100 done as we set it last line for star analysis
so u can join directly if btc choose to confirm level 7
Tp will be $6580 /$7100 .
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the signal was confirmed and btc hit first TP but what about the next is still available to hit $ 7100 and go more or we will start correction
for short correction and move expect back to $6300/5985 this canceled if btc close daily above $6610
as the main "MID" correction expect $4580 as the first level
capital management is recommended
we ask Allah reconcile and repay .
BITCOIN ANALYSIS - THE BIG SHORT - WELL NOT SO BIG ACTUALLYThis will be my first trade on the ever popular BitiusCoinius
The daily channel gives us resistance at the 5847 mark
Based on previous sellers and the oversold nature we can expect a pull back
The target is a confluence area which coincides with 38.2% retracement
Happy hunting