STRAT/BTC - A beautiful double bottom to take us in to the sky.Hello guys, stratis/bitcoin is the one which got my attention, forming a double bottom on the bitcoin crash last few days, also they are starting up 2 icos till the end of the month, currently hovering around the fibs, i am opening a mid-term position which you can see on the chart. Stop loss and targets written.
Happy trading
Eliotwave
GBPNZD LONG In the GBPNZD we are having the same circumstance as in the other todays analyses, it is ending a correction movement inside an upward rally, it touched the 150 WMA and found a historic support coinciding with the 38% - %50% levels of fibonacci. I drew trend line (Orange line) and it was crossed so I am inside with:
- Partial Close 1.9740
- Stop Loss 1.8590
- Last partial close, moving the stop loss.
Remember:
Always move your stop loss, You Never should convert a Winning position into a lossing position
NZDCAD SHORTWith the NZDCAD we have the reverse situation as I writed in the EURAUD analysis , it is in an downward rally, is inside correction and is finding an historic support area coinciding with fibonacci level of 38% and is touching the 300 WMA. It could be a signal showing the end of the correction.
I draw a trend line (Orange line) and if it is crossed downward and the 150 WMA (Green) is crossed too, I'll open a sell order with:
- Partial close 0.8710
- Stop loss 0.9260.
- Last partial close, moving the stop loss.
Remember:
You Never should convert a Winning position into a lossing position
NEBL/BTC - NEBLIO, what a strange name to take big profits fromHello, ladies and gentleman! I am offering to you a good to grab hot new coin with very little circulation amount of roughly 12M coins in it's early phase. You can read more about the product on coinmarketcap as I am not here to advertise them, but to help you win money from them. currently sitting at 245k sats around the 50-fib level, after correcting from today's previous run, I think we are ready to hit Eliot Wave number 3 from the small waves and Eliot wave number 5, which if it goes beyon the previous ATH will complete the BIG wave number 3 as you can see on the 1D chart. I am giving you a 2.5 risk/ratio with stop loss at the 618 fib level.
Entry (buy-in) zone : Preferrably around 235k sats (618 fib) but anything under 250k sats is good
TP1: - First profit taking will be at from 330k to 340k sats where there will be a resistance at the fib level
TP2: - Second target - 400k sats
TP3: - Last target - New ATH to finish wave 3 of the big cycles.
Trade open at : 243k sats.
Happy trading!
Bitcoin Cash - The launch is around the corner?Most of the top ALTs has seen extreme gains these past weeks, coins that even has no value has increased in value.
Bitcoin is fighting bears on daily basis and having problems around the 17,500$ mark. Bitcoin Cash has been setting higher lows these past days, and enter levels are becoming more expensive. I think getting in on a position around 2500-2660$ mark is wise, if we see another dip we should use that into our advantage.
Its been over 3 weeks since the last run of BCH. from 1800 to 4000. I think we can reach a new ATH in just days or weeks. All depends on the marked. I have been noticing HUGE orders of BCH 2-3 times daily on Bitfinex, the big boys are getting ready for something.
Just a heads up,
BTW: Im not a professional, but i look at charts often and am a coder. Bitcoin Cash has a good future.
This is not trading advice, please do research before investing.
IF YOU LIKE MY IDEA. PLEASE SHARE A LIKE MY FRIEND!
Short setup EURO-EURUSDStarting the year with our first trade. Searching for a MA50 breakout to open a short position on this pair. Double top+ trend breakout.
Let's how it develops..
Approaching minor Impulse Wave finalLooks like pretty straight forward Eliott Impulse Wave started on December 30 is approaching it's final point right now with target 16300-16400 on 61.80% Fibonacci resistance level. I think we can expect relatively minor correction then and will see if we can brake the trend line on 13800 around January 8.
Possible Bitcoin retracement in the second half of JanuaryI expect bitcoin to rise to 17k and then fall to 9k in the second half of January as a part of the Eliot wave retracement process.
Be cautious in that period!
POWR on Wave 2 - REady for big wave 3?POWR has done and ABC correction followed by ABCDE consolidation and seem to be on wave 2 ready to jump!
Let see if BTC stabilizes and this trend will continue.
Will history repeat it self?If the ABC correction is done, and we enter a new impulse, this is a probable outcome to be aware of...
Gold Goes Long!! Here is what I see:
1. Trendline respected
2. Level 61.8% of Fibo
3. End of a EliotWave phase and its retracement ABC
4. Support \ Resistance Level
Is BTS out of disparate phase?POLONIEX:BTSUSD
Is BTS out of the disparate phase? it looks like going up fast and furious, will see.
There is a tone of resistance ahead, huge ichimoke cloud so could be a new beginning if it can pass through it.
I'm not very optimistic on the price so I think .35c would be good for starter, I'm glad when I'm wrong on price, I might very well be wrong on this one.
The time will tell.
EURCAD SELL IDEAI think EURCAD will be a short,
And this will happen Monday.
When it brakes the green trend line of 1h, then it will fall down.
I have set my tp at 1.48475
what do you guys think?
Go Long on the Fifth wave ?? or Stay out for the correctionLet's Find Out !
I'm still thinking the inverse head and shoulders has a chance to play out up to 8k psychological... but stay alert..
Good Luck
$VTC #BTC forming eliot wavesVTC is increasing no matter of bitcoin is increasing or decreasing. Hilarious.
If it is really forming the eliot waves in the chart then wait to buy at 46-47K for targeting 110K
LMC; Elliot wave 3 incomingLMC has completed an Elliott Wave,
It's priming up for wave 3, the long and strong one.
Where Bitcoin Might be Heading next.-I feel it is necessary to state that i am still watching for that move to 5082 USD level and higher, but this chart shows you what could be brewing in the oven as well to help get prepared as "Time in the markets is way better than Timing the markets".
-I would expect this Eliot wave to complete so we could get to the full business of things. Now this is not a prediction of the top but merely a diagrammatic idea of what could happen.
-A consolidation might also dome in play if we see the 20 day and 50 day EMA flatten out at this point, before the markets finally decide if to complete or not.
P.S. This is a market where news amd sentiment plays a strong role and to ignore those is a plan to disaster. So i would advice to do your own research and understand the news and sentiment and see why i thing The hard fork coming up might cause the markets to hold up and trend higher.
BTCUSD to the moon!The market seems very bullish. Bitcoin Gold fork coming 25.10.2017 which would take over hashrate of ETH (especially when ETH switches to "Proof of Stake" one day). Idea of bitcoin gold seems interesting as this fork would get coin independent of ASIC hardware providers (China - Bitmain).
Bitcoin SegWit2x fork coming - seems we will get extra coins as both tokens would be present in stocks: BTC and B2X.
Additionally when going long with BTC on bitfinex before fork it seems you will get automagically B2X coins - this might produce large demand for longs.
Elliott wave from Cycle to intermediate on BLDP HelpHi chartists,
I drew a full Eliott wave on the long term chart on BLDP, the big Cycle waves can be seen here:
we are in Cycle wave III now.
of this Cycle wave III, here are the 5 Primary waves:
we are in the last Primary wave 5.
On the hourly chart of Primary wave 5, are the Intermediate waves be zoomed in here:
And here on the intermediate wave level i am stuck, it does not look as I counted wrong.
But have the strongest idea this will go higher.
Solutions:
1) wave 1,2 & 3 gets merged in to wave 1, wave 4 becomes wave 2, but then the problem is that wave 3 is to short.
Solution here would mean wave 3 is an extended wave with an other 5 waves within. as here drawn:
only the 3rd wave within is very long in time compare to the other waves.
2) wave 5 is here the extended wave, but again, wave 3 within is very long in time compare to the other waves.
What is your opinion? Any other wave count possible?
Is there a point that an extension is not possible any more due to the long time frame it continiues flat?
thanks
eurgbpdos posibles situaciones que rompa para abajo y genera un abc de continuación o que continué con la tendencia alcista, buscar una bandera y seguir con la tendencia.
NEO, End of first cycleShort term bearish, we are gonna end the a first minor cycle.
I think we still are in a bullish bigger cycle
