Get started

Longtermtrading

BTC falls and stays under 6k for 2018?In my view 2018 is somewhat similar to 2014: dump after hype. 2days charts presented. Left is BTC-2014, right it BTC-2018. Purple vertical-line on the left is where I think we are. Using simple_CCI , Bollinger Bands (which is basically moving average +- standard deviations) and simple_SMI, I think BTC might be now at the point in 2018, where it was at July, 2014. My loose and biased prediction says that if BTC stays bellow 8.7k for couple more days, than it might go down as low as 6k, and it might stay below 6k for a year. (Yes, it I say that it might stay there for a year: 12mos+-3mos) __ This is NOT a trading advise, just a biased idea of a non-pro-trader, but a stat-fun. Calculate risk, use stops, avoid FOMO, don't risk more than you can afford to lose, and...have fun! __ Publishing this idea, because it feels unlikely, but seems to me this way. I might be super-wrong here, so I am happy to be contradicted, but please use numbers/reasoning, tell me where I am wrong here.
BITSTAMP:BTCUSDShort
by bricoleurs
2
NEO - Can It Make It? Some people may really be wondering...can NEO make it? This coin undeniably has one of the worst looking charts in crypto. It is well below its prior support and has been slumping down since the August 13th capitulation move by most altcoins. I bought some around $14.70 but sold around $19 to add more to a couple other coins that have better looking long term charts (these coins have also dropped a bit since then. Oh well). The reason why I sold was that it made a lower high after getting rejected at around 0.0030 BTC. While many other alts are still well up from their recent bottoms (showing buying interest), NEO has remained flat. This shows that there is little to no demand for this coin at this time. However, this can change. There is a chance NEO has a breakout along with the rest of the market when the bull is back (as I've mentioned, I think it has a high probability of being late 2018, early 2019). It could also simply die out. This is a very real possibility with this coin based on indicators, and I would be very careful until it clearly breaks out above any recent highs. See the two possibilities in green on my chart. USD Linear Chart. As you can see, there are no supports below this level until the single digit range. If we break up, we can target the previous support turned resistance at $70. If we bounce off, and then ultimately break up again, that will be the best case scenario. USD Log Chart shows how dire the situation is: This is not financial advice, and I am not a qualified financial advisor. I do not hold a position in this coin right now. This MAY change in the future, but I will be waiting until some sort of clear indicators that investor confidence has returned. I will be updating this occasionally. -Victor Cobra
by VictorCobra
EURAUD SELL - LONG TERM SHORTTo retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949. 4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.) Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5 significant drops occurred resulting in a drop of about 300 pips at a minimum. 9/29/15 rice was at 1.62505. VERY close to the aforementioned high of 1.61409. From that time until 12/3/15 there was a ~1900 pip drop and price went to a low of 1.43479. Price has consolidated the last 5 hours ranging from around 1.59336 to 1.59023. I am looking to see if price will reach 1.61409 - 1.60008 for a really nice long term sell. If price does not reach that level and shows a lot of bearish signs and signals.. I plan to sell it around 1.58895. My take profit aligns perfectly with the 1.272 level of the fibonacci extension which is 1.50337. I plan to take profit at 1.50657. I will look for a sooner place to take profit and update as I analyze. Happy trading everyone, let’s milk this bitch!
Short
by DJdSchu
SP500 at end of growth? huge collapse to come? Long term vision When I fit the chart in the Fibonacci sequence, I conclude that it exactly fits in the sequence as how I show it here and as how my experience has learned me that charts behave concerning the Fibonacci sequence. - The price went up from '0' to 700 points between 1980 and 1996 = Fibonacci 0% to 78,6% - Than the price went further to 1200 points between 1996 and 2012 = Fibonacci 78,6% to 61,8% - The growth continues further to 1600 points between 2012 and 2013 = Fibonacci 61,8% to 50% - The growth continues further to 1900 points between 2013 and 2014 = Fibonacci 50% to 38,2% - The growth continues further to 2300 points between 2014 and 2017 = Fibonacci 38,2% to 23,6% - And the price broke 23,6% so it will continue rising till the sequence has ended!! and that is 3000 points! > What will happen when 3000 points is reached? There are two options: 1: The price keeps on rising. Than potential = 4800 points ! 2: The price collabs and retraces. Than potential = to fall back to 2300 / 1900 / 1600 / 1200 / 700 TARGET 1 NOW: 3000 points and take profit. So, short- term is LONG! THAN WAIT THAN MAKE A NEW PLAN: LONG OR SHORT for the long- term Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
FX:SPX500
by Rich_Exclusive_Trading
EOS/BTC in to climb over 150% in the next few months?!?!I've had a very exciting find today... EOS is looking to be a very good long investment over the next few months. If and only if it can hold lower support level then we should be in for a bull market. To further show a trend reversal, Bollinger Bands have been contricting, indicating future volatility. I would start looking at future resistance levels such as 100 or 200 MA for confirmation of this reversal. However, I'm quite confident that this pattern will continue and allow EOS make new highs relative to BTC. I'm excited for what the future holds on EOS!
Long
by cryptofanatic09
CrudeOil Bullish Structure ConfirmationHere we go again! Crude oil's super mega uptrend looks to continue! Last time we saw a trend like this was 2009, and it's a long time coming after the major declines in 2014. Quick summary why I'm bullish in the next weeks: 1. Overall bullish trend 2. Consolidate and form a higher low 3. Failed breakout lower, breakout higher My next target is 75.50, and if we really move then 80 and 90 are still possible. The announcement of OPEC's higher production limits this Friday potentially puts a limit on the overall trend. Higher production with relatively constant demand (I mean we didn't just start needing 600k/day barrels more oil overnight) should weaken price. Will need to see this in the charts before I give it much weight. So what do you think? Am I crazy to be so bullish? We've already moved so far...will it keep going? Share with me your charts, ideas, and comments! Love to hear other traders opinions! Peace, love, and sweet bamboo, tbp Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
OANDA:WTICOUSDLong
by TheBadPanda