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Fintech

Let them chinese make us some cash :)Last week I posted #hypeoftheweekend with Bitcoin Gold . That idea gave me a nice profit off almost 100%. This weekend my eyes are on NEO and China! I expect the same result :) Buying at 37 USD, selling at 88USD for a profit of 138%. Fundamental On 21.Nov the " Blockchains in Fintech " event goes off and we have NEO founder Da Hongfei as top speaker. NEO is also trying to hype up the event beforehand: twitter.com If this will be a repeat of the SWELL conference with Ripple, time will telll, but I feel that risk/reward is good enough to enter this trade. The chinese goverments eyes is on crypto, and that may turn into incredible news for NEO. The chinese are still very important in cryptocurrency, and NEO should be in your portfolio for the long term. Technical I expect to hit the 1.618 fib and complete an Elliot Wave within the channel in my pitchfork, depending on what we get out of the conference obviously. When you trade you need to be open to everything can happen, and adjust your mindset when things do happen. But at this moment I believe what I have drawn will unfold. Time will show, and I'll try to update this along the way. If this trade goes the wrong way, I am looking at that trendline. If it breaks, I am getting out. Numbers Buy: 37USD First Sell: 88USD Second Sell: 139USD Stop Loss: Below Trendline
NLong
by Kryptokelly
17
$BTC floor, ready for the next leg up to new ATH.After the two ATHs reached in a few months, now the market physiologically flushed the overbought into dumps profiting and panic dumps. The teal trendline was drawn months ago and still valid. Moreover the last two big dumps following the historical ATHs prices both bounced prefectly on the medium term teal coloured trendline. We are at the start of a new leg up with 75% of probability. Following days and next week will tell us more about the bullish or bearish (or consolidation?) scenario ahead of us. As always, set a proper stop loss unles you want to gamble. Just remember this is trading and not gambling :) Also remember to invest what you can afford to lose.
BITSTAMP:BTCUSDLong
by KernelPanik23
VRC BTC POLONIEX 4HThis morning I have up a 4H TF, and looking historically (points A & X) pre-consolidation I see a very similar pattern under a significantly heavier volume profile that may play out now that Point 'B' has Printed. If this is infarct the case I would expect point 'Y' to print similar to point 'X' however there does not seem to be available coins on the orderbooks to make it a n identical volume profile. I am holding strong in my belief that there is hidden Bull Div all over this and if point 'Y' prints to expect a 2nd pull back, under the weekly pivot for re-consolidation. Roughly 24 hours ago there was a bounce off the fib retracement .236 as I had charted it 11k High 5800 Low. Price is now hovering around a .382 with the same price points. All said and done this still looks very promising as a trade set up on any time frame. Longer TF indicators are coming down, and shorter TF indicators are now oscillating, not to mention that in the past three years Vericoin (VRC) has only tickled the 1W RSI of 70 a few times. This is by no means a large market move, and the more I look at it, the more it reminds me BTC's pre bull run charts. Aside from the charting and market movement there is quite a bit of activity within the development circles and community. I would ask that you also take a look at some of the material available below that highlights some of the up and coming industry 1st's including but not limited to a binary-chain co-existing with VRM which in itself is groundbreaking. Homepage: www.vericoin.info Slack: vericoinandveriuminvite.herokuapp.com Twitter: twitter.com GIT: github.com Roadmap English: www.vericoin.info Roadmap Spanish: www.vericoin.info Roadmap Chinese: www.vericoin.info My Twitter: twitter.com If this has helped you in any way & you are inclined to do so, a small thank you can be sent below. BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
V
by BTCFailWhale
$SQ Cup&Handle Breakout FIb ret. and continuation of trendSquare's trend has changed, if you don't belive me take a look at this chart! Following an unsuccessful IPO (Can't think of any successful one in today's market enviroment) it bottomed out at $8.05 and volume dried up, subsequently it started gaining momentum volume picked up and reached a level of 12.64 forming what looks to be a cup, then the handle came along at a theoretically perfect retracement level 38.20% in Fib terms. The breakout pushed the stock beyond the high of the left side of the cup, and volume is continuing to increase signaling fresh buyers. Adding to all Mizhuo initiated coverga eof the stock issuing a BUY rate with a target of 16$ (www.marketbeat.com)
NYSE:XYZLong
by CristianoVinattieri