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BTC/USD, Bears are almost done Ok, long time since last post, it has been a very bloody 2018, but seems like the sun starts to shine. Lets see what we have. As you can see in the analysis I made early in January 2017 (you will find it below attached), I was early anticipating that the correction at that moment may will be longer than expected and that may be we could be in a real Bear Market further than a simple correction, it seems that the analysis was extremely accurate as it has played out almost exactly with what I was seeing at that moment (in terms of prices and times/duration). This new analysis is based on that previous one, but now, we have more data to figure out were we might be going from here, I will try to do the analysis as simple as possible. - First, we have, that in the BIG PICTURE, since Bitcoin was created, until now, we have been following a 5 Waves Elliot Pattern, and we are almost getting done with 4th one (The 5th Wave is the next bull run). Each wave is marked with the number it corresponds to. THE PURPLE ONE IS THE FORECAST. - 2nd, I used a Fibo Extension Tool (The Yellow ones) which help us to forecast how far a next bull run can go, considering the strength of the previous bull cycle and the later correction. If we applied the Fibo Extension to the 2011 - 2013 bull run, we will find that it was saying us, the next bull run might reach levels of $4,800 (The first horizontal blue line), and in fact it went further than that, reaching levels of $20K (ATH). If we use the same Fibo Extension, but applied to the last bull run (the ATH one), it show us that at least, it may reach $100K (If we consider that the previous Fibo Extension exceeded what the analysis said), we can excpect it to go higher than $100K. 3rd and last, If we ee at the white circles, we can see that last week the RSI indicator touches it lowest level since 5 JAN 2015, last time the RSI touched that level in 5 JAN 2015, was the moment when the Bear Market ends and the new bull run starts, so it is a good indicator that the current Bear Market is exhausted and almost done. There are also other indicators like a inverted H&S, a bullish divergence and a strong bounce from a support at $3k in the daily chart that I will be posting later and that it compliments the idea that the blood bath is about to end.
BITSTAMP:BTCUSDLong
by Pepe0722
3
Bitcoin - A Telling ConfluenceOur recent point of major confluence validates, for me, two major patterns Bitcoin is exhibiting right now. We seem to be in a bearish descending triangle, which is due to terminate around 16 September. Third touches of trendiness can often be false breakouts, so be careful for a bull trap. We can say with even more confidence, however, that we are currently within a longer bullish falling wedge. This pattern is due to terminate around 6 February 2019. A close with continuation over $8,525 signals the beginning of a bull market; a close with continuation over $10,084 confirms it. Bitcoin should not drop below $4,075, and I'd be very surprised if it got that low.
BITMEX:BTCUSD.P
by fittsjk
BITCOIN! what comes next ? Hi people! I'm actually thinking 3 scenarios right now: the first one is that we'll start going down again from 7.7k with 3k target (if btc should break 6.8k down) but this could be obvious simply because more and more ppl are looking at that the second one is that the false breakdown of the descending triangle (like 2014) as bear trap and If I see the weekly close above 7.9k it will very likely go to 11-13k before really crashing. the third one is that btc will break 20k and will hit target like 40/60k+ because of etfs but I would be cautios about this scenario because most ppl are looking at this. we'll see how this will play out.
BITSTAMP:BTCUSD
by UnknownUnicorn3062184
Post-Bubble Consistency Arises; Bounce Stability - 2019 PT $1000Ethereum for itself was doing well before it got swept up in the EOY madness/manipulation/drama, whatever you want to call it. BTC and ETH are different and therefore SHOULD NOT be correlated to each other strongly, nor should they share the same fate. While BTC narrowly dodged the bubble crash bullet, ETH took the hit and collapsed right back to where it was slowly building itself up. This is probably one of the cleanest and most direct representations of the Greater Fools Theory playing out because ETH itself was never as notorious as BTC because of how it's fundamentally designed. At the beginning of the year, you can see ETH take a nice, balanced growth trajectory before the news cycle started picking up crypto markets and before ETH began to differentiate itself as the #2 to BTC. While it rose and fell back, it formed a very nice rising wedge pattern that consistently bounced off the average mean of a steady growth trajectory based on the behavior prior to then. At the end of the wedge, the stock popped up and over its next level of resistance and lived a nice, healthy little life there showing stability. Near the end of the year, the crypto mania was streaming through news and homes apparently (if you believe the Thanksgiving media hype) and just like all other coins, it began its ascent higher into bubble territory before peaking and ultimately collapsing down and down. I've drawn what appear to be some mild resistance lines that pair with the jumps ETH was making early on. This small ladder is at least a foundation for when ETH actually starts to make a RATIONAL path back upwards. The crash down had its share of bull traps before fiercely plunging back down under the mean trajectory, the channel and the resistance line. I mean, the thing genuinely crashed. Tell someone you can find ETH for $350 today and you'd be a saint. Those days are most likely gone. With crash over, a return to the Mean Trajectory was warranted, and it came steadily before the hop back up over the resistance line and back into the channel occurred. The price cured there for a moment before market volume pushed it higher and past the next resistance line . You know, the NORMAL one that ETH was heading towards after the wedge. All this should build confidence in ETH since it popped its bubble, returned to the mean and the market behavior pushed it forward on a stable trajectory. With continuous volume, ETH made its way back up along with other cryptomarket momentum. Thankfully, it didn't break its channel, hit a peak (where traders should have sold) and came back down to rest at the bottom of its channel. This is volatility, but managed volatility. The current price and levels show holding over the Mean Trajectory and volume has tapered off some, but not really dropped. I believe this to be a great entry point for someone looking to start a Long position in ETH, as we've seen how ETH outside of bubble conditions consistently performs and bounces off its trend lines. The small circle within the Fib Retracement is a point of accumulation. Once the price starts to rise outside of those two levels, expect it to climb rapidly with sustained volume and back to a reasonable $700 level that sits conservatively along the middle of the long term channel (Golden Cross forming as well). Looking ahead, there's a final circle area that represents what I call the "Money Zone" where some craziness can take place. $1000 is a psychological level, so if the price begins breaking the upper trend line there, expect some heavy volume and action that will lead to some extreme swings potentially up to $1100. Otherwise, with midterms on the horizon and people trying to wrap their heads around the political future, crypocurrency will no doubt be in the spotlight. Even with more regulation coming around and probably being announced, the awareness and attention should build healthy hype and volume for trading. I take a conservative, LONG position w/ a $1000 PT.
BITFINEX:ETHUSDLong
by N3utra
7
Twitter double bottom + fundemetals. Twitter has been getting a lot of firm interest lately. With JP Morgan raising their price target and the CEO of Goldman Sachs tweeting a photo at twitter headquarters, many investors think more institutional money will be funneled into the stock. The rumors of firms acquiring more twitter shares have short sellers scaling back and because of this twitter has begun to rally. On the technical side the stock looks decent with a double bottom in price and exuberant upside during 2017. Investors buying into twitter at the moment are buying off of speculation, as the company only in the last two quarters have achieved profitability. An earnings report beating analysts expectations at the end of 2018 I believe could send the stock into the 40$ range. After 3 straight years of negative earnings reports twitter has finally started making profit in the last two earnings reports. To me this signals a change of direction for the company changing from acquiring more users to acquiring more advertisers. Exuberance will come back into the stock if Twitter can keep up its profitable earnings reports. The company is relying on profitability NOW in 2018 in order to succeed. I can see twitter doing what many other companies have done and "claim blockchain". The CEO of Twitter, Jack Dorsey, tweeted that he is a bitcoin bull. Since the CEO of twitter realizes block-chains potential, twitter integrating a blockchain advertising system eliminating middle men is not impossible and I think would help the company achieve profitability. Investors tend to get exuberant when a company "claims blockchain" so this could be good for twitter's stock as well. Of course this is an unlikely prediction but nothing is impossible. Twitter had a 10% run up on the 17th, a few days before its earnings report, the 25th. The reason the stock is down on earnings day is because Twitter did not beat their earnings last quarter and traders swinging earnings reports sold the stock. Twitter is forming a steady trend line (kudos to DevinBoule55). And i think that even though Twitter did not beat its last earnings report, it is showing profitability and there is many green earnings reports to come. Overall I am Bullish on Twitter. 28$ is not a bad buy. My price target for the end of 2018 is 40$, That could easily be raised depending on future earnings reports.
NYSE:TWTRLong
by CryptoColm
QASH-The Calm Before the StormQSHBTC formed very nice triangle and it is very possible to break this triangle if we get enough volume. If you see we had almost the same pattern early this year-however at this time we had very high volume. Considering that the team behind Qash is testing Worldbook platform which is an integral part of Liquid Platform at the end of April it is very possible to expect high volume in upcoming weeks. Therefore I call QASH-The calm Before the Storm. P.S For your information Liquid is a platform where will combine many different exchanges globe the world. According to Quione team they already have partnership with 17 different exchanges.
QLong
by Familio
QSHETH-Where QASH is heading?One of the best use base coins in crypto market is QASH by Quione! Very few coins in crypto market has transparent background and one of them is QASH. -Solid team behind with 200+ employees in Singapore, Japan, Philippines and Vietnam. CEO Mike Kayamori is very humble person -First registered cryptocurrency exchange by Japanese Financial Services Agency -Unique almost ready product-Liquid Platform where investors can see order book from different exchanges and trade them. Exactly what Crypto Market needs. -Backed by the richest Japanese billionaire brothers Taizo San. Regarding the chart-The project has 350 million circulating supply currently and average price is around USD 0.60. Super cheap price for the project like this. Upcoming news: -End of April Worldbook BETA is going to be launched -In June Liquid Platform is going to be launched-THIS IS HUGE! -End of the year Liquid Platform _ Prime Brokerage will be available -Q2 in 2019 they will have their own blockchain. I feel it is a really good time to enter this project! One thing is for sure these type of projects will not dissapear from market in one day to another. It is a long term financial sustainable project! Regarding the chart-as you can see chart looks very promising! I have a good feeling that it will do 5 Wave Elliot Chart here. Currently we are in 2 nd Wave. Articles: bloomshark.com steemit.com news.quoinex.com
QLong
by Familio
2
SRN-Apple of Blockchain TechnologiesMany of you probably have not heard about SIRIN Labs and their token. There are so many projects coming out nowdays it is hard to differentiate good vs scam projects. I am always searching for undervalued projects and doing my due intelligence about projects before investing on it. I must after reviewing many projects it is getting kind of easy to select good projects from scams. Lets start with SIRIN Labs company. I must admit their name is weird and comes from mythological creature of Russian legends. However the project is super nice and exciting. this company is actually producing World's TOP Luxury phones (solorin which is around 20K) and now have decided to move to blockchain industry and design phones and computers with integrated blockchain technology. so basically you will have a Finney phone with cold wallet integrated to phone with super security system plus even Android platform is also available in system. I found this idea super cool considering that many projects our in blockchain industry does not even have ready products even mock-ups but this company is already designing phone with blockchain technology. There is not much to say on chart as it is very new but what I want to say is that most projects when they get starts they go -70% off and then starting to warm up. I have a feeling that it will be the same with SRN token. P.S Football player Messi is an ambassador of Sirin Labs and on 7th of March they will have promotional video with him. It is also very possible that they will announce their strategic partnership with Huawei soon. sirinlabs.com Lets see...
Long
by Familio
1
BTC/EUR price actually trying to get over the cloud in 4H tfIn 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free. In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the uptrend in 4-hour timeframe and the upper black horizontal line would have to be watched for first TP (low risk).
Long
by trader77974
1
Price has got under the Ichimoku cloud in 4-hour timeframePrice is actually testing a support of 7632€. Uptrend scenario If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud. Downtrend scenario If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku cloud then that would mean a first confirmation of the downtrend, at least on shorter timeframes.
Short
by trader77974