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Kraken

Long BTC, Hermès is coming 1. fib pullback 0. 5-0 .38, first long target: 8500-8888$ 2. Currently, it is under a Descending channel but with shrinkage, the trend may be changed at any time, so wait and see. If there is a huge dump, then wait for the first target to buy, but if it falls below the lower boundary, the stop loss is decisive. If the huge jump appears, break above the pressure line and stand firmly at 9404$, just follow the trend and chase long. 3. The overall trend is still rising. The bull market pattern has not changed. 4. According to the Elliott Wave Theory, there will be a fifth wave in the future, long-term target position: 10400$-12000$-14000$ Hit like and support me! Welcome to share your comments!
KRAKEN:BTCUSDLong
by HolidayCoffee
4
Bitcoin View dd. 28-05-2020 updated! Use link 4 real chart!I posted on 28-05-2020 my Bitcoin view and to keep the view and updates transparent and verifiable i keep updating that view until we enter into a new state to make new projections about it. I do not want to clutter updates with complete new ideas posting, that is why. This way you can see the progress and development of the analysis to follow without losing the history of it (right or wrong. more posters should do it like that imo.) Itis better to follow me to get the latest update on my Bitcoin view dd. 28-05-2020 then making news ideas all the time. Discuss, follow to get the updates faster and like. Happy Trading! Dany CryptoDesperado
B
by CryptoDesperado
Bitcoin Dresses in Red, Where To Next?Bitcoin (XBTUSD) broke below support in the form of EMA10, EMA50, and EMA100. Prices bounced after hitting EMA300 (gray line) but the bounce didn't lead to much. We have a higher low when we look at the wick of the candle on 11-June compared to 2-June, but if you look at the candle closure we have a lower low. This is a bearish signal. The RSI and MACD are now on the bearish zone and trending lower. Bitcoin is now aiming lower. First EMA300 at $9066 can be tested again if MA200 ($9409) working as support breaks. Prices are likely to continue lower here based on current chart signals. Conditions necessary for change Bitcoin (XBTUSD) needs to move above the "resistance" for us to consider the bullish scenario... This is less probable right now. Thanks a lot for your continued support. Namaste.
BITMEX:BTCUSD.PShort
by AlanSantana
11
LTC/USD idea of a LONG trade.This is a trading idea created for the date: 28/5/2020 and is valid until 24:00 GMT+1 Symbol: LTC/USD Time Frame: 4 Hr. Expected duration of position when open: 4 Hr . up to 29/5/2020 24:00 Trade idea is: double resistance break out making it probable for a upward move towards 47.50 Go LONG if Price goes thru (above) 44.75 Position your T/P @ 46.60 Position S/L @ 41.45 When the LONG is open @ 44.75 and the prices goes thru (above) 46.05 move your S/L to : 43.15 If position is still open on Friday close it out at 24:00. Profit or Loss!! No trading during weekend for risk of low liquidity and spread widening. Close the position before the weekend with Profit or Loss! Next week we can find a new opportunity for another trading idea. Do not expect every trading idea to be successful. Do not expect every trading idea to be executed. It is very likely that the idea will not reach the opening trigger price. A good trading idea is one thing. Good money management is another important ingredient to end up in profits or loose less. Use due diligence and proper m.m. Do not chase losses. Do not s.a.r. to panic trade the opposite way. Make sure you can afford to loose all the money you allocated to trading. Have your position sized that the loss will not make you stressed or nervous. Trade ideas/setup of mine are created and focused to take pips out of the market and not to make a prediction or forecast of the underlying instrument traded. My trading methodology is based on probabilities, +E.V. , long term Win/Loss ratio and money management. Oh, and a monkey throwing darts on a chart in the backroom :) I have an personal interest in the ideas myself as I trade them also. I am not a financial advisor. Do your own due diligence and learn to trade on your own. Happy trading, Dan CryptoDesperado
KRAKEN:LTCUSDLong
by CryptoDesperado
3
SCALP TRADE WITH MULTIPLE TARGETAs you can see in the inverted bitcoin chart it has formed a Head and Shoulders complex chart with a pullback already done. so we are pointing to a 400 ticks of profit. We'd say that the optimal entry were 8900 with a stop loss at 8800 and first target is 9300, second target goes to the weekly uptrend which more likely will act as a resistance 9600-ish and a super optimistic but not impossible we can put as a third target at 10000. Tell me your opinion.
BITSTAMP:BTCUSDLong
by xlpz
1
XMR/XBT is repelled by a flat support for the second timeEarlier this morning at 06:00 EDT, KRAKEN:XMRXBT bounced off of a flat support line at around 0.00702 XBT driven by a quick reduction in the bitcoin/fiat exchange rate. While the exchange rate of bitcoin to fiat is declining presently, the upcoming halving is still around eight days away (as of this current moment). As such, it is reasonable to expect that the current drop in the exchange rate of bitcoin to fiat to be short lived. Historically speaking, the time prior to a block reward halving has (at least in the case of bitcoin) seen a run up in the exchange rate for the month prior to the often-over-reported event. Typically, when one of the high cap cryptocurrencies undergoes a dramatic upward move, the alternative coin markets decline (as both traders and algorithms around the world sell other assets to rush in and experience the thrill of the FOMO). This is the very force that has driven the exchange rates of assets like XMR down in recent days. All of this having been said, however, these larger trends inevitably take occasional breaks for a natural consolidation period (which is what we are seeing right now with XMR). It is in this moment that traders can snatch up a couple percent from the (short-lived) recovery before bitcoin resumes it's march ever higher toward the next halving.
Long
by finexus
ETH: Potential short coming inLet me know your thoughts! Bitcoin is approaching a massive resistance zone, and ETH is no exception to that zone. I have an auto buy set at $205 to try and catch a wick, but will realistically try to lock in ladder buys between $197-199. I'm picking this trade because it presents a nice risk to reward ratio. The stop is set to $210.50 for onl ya small loss, and teh short potential is faily large. If successful, I plan to close it at the golden pocket of retracement.
KRAKEN:ETHUSDShort
by infbp22
1