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EURUSD Still watching price to come test the trendline/zoneOverall we are in downtrend. But still looking for a potentional buy where i put my singal previous week. Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone. Scenario 3: Like i draw now and still watching for buy limit to be activated. *Watch Previous setup of EURUSD* Looking somewhere in blue bubble price will bounce
Short
by innoxcroom
Watch out for falling objects.So here we are almost near the end of consensus 2018, and the situation is looking rather grim from my perspective. We've now had a run-up to 10k and denied, hit 9500 and denied, hit 9k and denied - now we're at 9200ish at the point of writing this and I cannot see a situation in which any of this is bullish. The market has taken multiple sustained hits and hasn't recovered an iota - the sentiment has remained bullish on the fact that I think people have made easy money for so long that they cannot envision a situation where this can get any worse and are waiting at the door for the slightest bull case. So my projection looks like thus: Scenario 1: Looking at my favorite indicator on a 6-hour scale this is going to cascade more then likely into 7800 within the next 24 hours and will begin what i believe is the panic portion of the classic bubble chart. I find trader sentiment heavily based in denial and I think this is only going to feed that trend. An inability to hold 7800-8200 means in my opinion 7500 is next. Scenario 2: (Extremely highly unlikely) Bullish, we bounce in the next 6-12 hours to revisit 9k, and then have a panic drop. I cannot see this from any point other then it fits into the lines.
BITSTAMP:BTCUSDShort
by Wolfofbitstreet
1
Interesting key levels on BTC!I was fiddling around with converting daily indicators to match the 4 hour chart when I noticed the support/resistance fight between these levels. Note how the 300 daily EMA has historically acted as support in the 2017/2018 bullrun. The 200 EMA on the daily is now working as a solid resistance, as it has done before. Now I mostly use Ichimoku nowadays, and as you can see the Kijun line has ever since the top at $10 000, acted as my support target. It's also moving inside the cloud. Ichimoku will therefore be the primary indicator. Do also notice the support trend reaching all the way back to December. Everybody knows this is a critical level. My conclusion is that I will continue using these indicators as my tools for trading on long-term. And remember that in a highly manipulated market like this, it makes little sense analyzing anything less than the 4 hr chart if you're not a pro. This makes leverage trading harder of course. My key levels for the next move: 9050, 8800, 8200, 8000
BITFINEX:BTCUSDLong
by RoyalOakFI
Historical Data Experimentplease note: this is not a complete trading idea. This analysis is entirely based off historical data. Many of us know that Bitcoin has seen several major correction throughout its lifespan. The last major correction took place back in late 2013, which resulted in a 90% correction from the top. The chart above shows the percentages and ratios I collected from the 2013 crash that were then overlaid onto the recent Bitcoin chart. Creating the possible route Bitcoin could take IF it follows the 2013 path. The percentages & time frames that were collected are shown in grey. The red and green colors shows what I expect to happen based on the data. The chart below shows the percentages collected for this experiment. DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
BITFINEX:BTCUSD
by oh92
6
LTC - ARE THE JAPS COMING TO SAVE US?It's two weeks since Charlie sold his coins..... 2 days ago (6-JAN-18) it looked like LTC decided to wake up with a flurry of tweets from @SatoshiLite highlighting the coins growth in usuage... transaction volume ...network security ...mining stats "reduce the relay fees from 0.001 LTC/kb ($0.30/kb) to 0.00001 LTC ($0.003/kb). We hope to have that out next week. Once people are using the new relay fees, we will reduce the actual min fee to 0.0001 LTC/kb ($0.03/kb)." we even got a Dragon Balls gif .... TODAY (8-JAN-18): We're back to the familiar depths of low €200's (flirting with the $245 line of support - probably headed towards low 190's after I post this) the Lightning Network looks months away and I'm not counting on the *One huge unexpected surprise* that Charlie tweeted Don't tell me I'm relying on 27million Japs to harness their chi and drag LTC back to being mediocre again.... (Give me strength)
by ocon442
BCHUSD Athough on support this is not over yetBCHUSD Another spawn from the Bitcoin stable that has behaved technically perfectly - could be fresh from the latest chart book showing what a 'stock' can do under perfect conditions - but this time looking at downsides, not upsides... It's fallen below it's dynamic support line and then come back up to retest it from the underside....and repeatedly failed...that's the big clue that this is headed south from here - can be shorted now with stops above the line, yes? It's exactly the opposite of what a 'good' breakout to updside will look like. And in doing so it has fallen in 4 sections/waves to the low, searching for support from the beginning of this structure to left of chart, finding it on the lows of that structure and rallying there. But this decline is not done yet until Bitcoin itself makes a clear bottom. Near term support at 2322 must hold up here to avoid another test of 2248 at least, if not to 2209. Any failure to hold this latter level during the course of this week will tip BCH back into serious bear territory again and will likely force price much lower still, to 1840 at least, if not to 1766 where we can look to get long again if struck. But it's holding for now above 2322 so is neutral to mildly positive...but once 2320 gives way it flips back to negative again and we look to pick it up from lower levels from there.
B
by sumastardon
1