Get started

Marketcycle

Litecoin show a good interesting opportuity; I reconsider it!!!At the moment, if you thinking to trade Litecoin, I thinking to trade Litecoin, this crytpocurrency show a good analysis and good position that I can to make a Daily analysis more secure and profesional for you. I see that Litecoin it's bullish and I entry right now in the marketprice around of $187 USD to long position until the $423 USD, I follow the Daily analysis. I know today that Cardano and Ethereum was touch me my break even, in except, as I entry around o $1,500 USD in Ethreeum and touch my break even exactly at $1,700 USD, I get some profits in Ethereum, but in case of Cardano, I do not earn and loss, my profit was 0 without any loss, becuase I put a break even in the price entry in Cardano. But, whatever, I see that Litecoin it's more interesting to trade Ethereum, but I change Litecoin for Ethereum to trade it. Litecoin could to form a simetric triangle, notice that much crytpocurrrency it's in this pattern, for that, this it's a good opportunity to bought Litecoin or put in long position. And the weekly analysis it's still bullish, for that, I make a Daily analysis in Litecoin. Guys, if you found out that this idea it's very interesting for you, please comment below what do you think about Litecoin, and I invite you to share this analysis with others traders to know my perspective of this crytpocurrrency.
COINBASE:LTCUSDLong
by harisonhbn9718
1
EURCHFRight now price is in the accumulation zone we can wait until price breaks the down side that will give confirmation then downtrend will be continued, also we can point out that 1H HH and 1H HL has been taken which shows that there is change of structure for the short time, we can take this opportunity to take the entry in the LTF. Please take the entry based on your own trading plane with the entry rules and follow the proper risk management as usual to stay consistent profitable.
Short
by D_Sarthi
2
Bitcoin and the Market CycleThis is my attempt at applying Wyckoff's methodology to the BTC/USD price chart. Wyckoff posits that, although price movement may appear random, it actually follows a repeating cycle that can be divided into four distinct phases: accumulation, mark-up, distribution, and decline. Based on historical data, it appears as though BTC is in the early-to-mid mark-up phase of its third cycle. Coincidentally (or not), these cycles correlate with halving events (see Stock-2-Flow model). My recommendation is to continue holding BTC through 2021, as I see much upside potential. Note that the risk-reward ratio is greatest in the distributionm phase, and smallest in the accumulation phase. *Note that the final mark-up phase is extended by an arbitrary amount*
BITSTAMP:BTCUSD
by otis_bagshots
1
Warning!!! Bitcoin formed a bearish rising wedge!!! 🐻 sentimentThe bear sentiment it's so clear than water, but we see in H4 timeframe that Bitcoin it's not stable to bought contract. For that,I cancelled my position right now to closed up manually because we have the big possibility that Bitcoin goes to make a reversal of the trend. And that mean that it's great becuase we could to save USD to bought more cryptos to add in my portfolio. I thinking in it. This it's my plan to sell below of $28,000 dollars in case that Bitcin doesn't support this price level. At the moment, I'm out of the crypto markets and I didn't reccomend to short or long Bitcoin, becuase we could to formed a mini-distributtion to find down a best price to bought!!! We see in weekly chart that Bitcoin have 2 weeks bear sentiment and the trend could to experiment a possible reversal so near of the $20,000 USD above of this price. This it's my theory!!! But as Bitcoin it's so consolidate, I don't like to trade in this scenario when the assets it's into this consolidation. For that, my own reccomendation it's still alert when Bitcoin mae the next movement when break up or down this consolidation in the range of %29,000 USD- $34,000 USD to take best decision!!!
COINBASE:BTCUSDShort
by harisonhbn9718
Understanding Market Cycles and PhasesUsing Bitcoin as a example, in this idea i am going to briefly explain the concept of Market Phases in a easy to understand way. Market Cycles & Phases Cycles are prevalent in all aspects of life; they range from the very short-term, like the life cycle of a insect, some which can live a few days, to the life cycle of a planet, which takes billions of years. All financial markets go through the same phases and are cyclical. They rise, top out, drop, and then bottom out. When one market cycle is finished, another begins. The problem is that most investors and traders either fail to recognize that markets are cyclical or forget to expect the end of the current market phase. There are 4 key phases in a Market Cycle: 1. Accumulation The heavy buying phase before the uptrend begins. 2. Mark Up/ Re accumulation Mark Up is the uptrend, Re accumulation phases are sideways pauses in the uptrend where more buying occurs before continuation of trend. 3. Distribution The heavy selling phase before the downtrend begins. 4. Mark Down / Redistribution Mark Down is the downtrend, Re distrubution phases are sideways pauses in the downtrend where more selling occurs before continuation of trend. Trend The dictionary definition of trend: *a general development or change in a situation or in the way that people are behaving. In financial markets the direction the price of a asset is moving is referred to as the trend. Markets are made up of several different kinds of trends, and it is the recognition of these trends that will largely determine the success or failure of your long and short-term investing. There are 3 key trends in Markets: 1. Bullish (upwards, buyers in control) (higher lows, higher highs (HL, HH) The Mark Up phase is an uptrend or bullish trend. 2. Bearish (downwards, sellers in control) (lower highs, lower lows (LH, LL) The Mark Down phase is an downtrend or bearish trend. 3. Consolidation /Sideways (sideways, direction & control undecided temporarily) Re accumulation & Re distrubution phases are consolidation phases or "pauses" in the market before continuation of trend or reversal. It is essential to understand Market Cycles, Phases & Trends, which are important behavioral characteristics of how price develops over time. By fully understanding these concepts and how one can identify them, a trader or investor can generate more opportunities, secure a longer term plan reducing stress levels, and potentially maximize profits. Once a asset has already moved on from the Accumulation phase the next best buying opportunity is the Reaccumulation phase (marked in yellow) where price usually starts to zigzag in a sideways movement after a strong upwards movement. The Reaccumulation phase is where the price is usually "held down" by large transactions, while buyers fill positions, eventually the price can no longer be held down and we see the continuation of the Mark Up. If you found the idea informative you can show your appreciation by leaving a like or comment thank you!
BNC:BLXEducation
by Worth_The_Ri5k
127
XRP Holders: XRP goes to $1 dollar soon!!!Waoh guys, we see that XRP still large bulish toward the $1 dollar. Are you interesting to take this trade and let's that XRP work for you!!! I want too!!! Now, XRP it's so bullish and right now it's into this re-accumulation zone to continue bought!!! And also, using elliot wave analysis we are in the correction #4 in the end phase to then, see a strong impulse so bullish toward the $1 dollar. So, if you looking the Daily chart, we are into this bullish rising wedge with huge potential to long so long position to earn a good money in medium term. So guys, I see that XRP it's a brilliant opportunity to buy in these level and also make trading with XRP to long position!!! So, t put a long posiiton in XRP in the market price with a SL at $0.40 cents toward the $1.10 USD, that it's my target profit trade in 3 Daily chart, the 3 Daily chart it's a chart to trade to medium term to long term to earn good profit!!! So, guys, good luck in this position!!!
COINBASE:XRPUSDLong
by harisonhbn9718
Overview: Perspective for bearish scenario!!!Hello guys, in this overview, I want to include a strategy to sell Bitcoin when Bitcoin reach up the $19k level. In that psycological zone, we would need to take decision. So, I did analyze the 3 Daily chart and we touch this red zone in the RSI, that indicate sell inminent. Lets me to explain you that: creating this function, I see that in the pass when in hte end of the bull rally on 2017 that was a important point in the RSI and price action near of $20,000 USD. As a second time Bitcoin touch the highly point in the RSI indicate sell that I remember in June 2019 that Bitcoin was around of $13,800 USD near of $14,000 USD, we have a correction ending the year 2019 with a cotization of $7,200 USD in December 2019. I remember that thing when Bitcoin make this correction in the past year. And right now, we are in the same time to sell Bitcoin touching as third time, a inminent sell that we would need to see in Bitcoin. Now in he weekly timeframe, we see the same situatin just using this timeframe and using the RSI to modify the points key, so, I see that we turn to bearish in the next days, just we would need to have a good decision to shorting Bitcoin, and also including the market hunters and manipulations that whales and institutionals make for traders amateurs to will be liquidated. That thing we would need in our hand if in case that Bitcoin it's above of $20,000 USD and break up this mark, we would see in any case possibile hunters here to bear scenario. But looking in my perspective. we have 2 correction if you apply the Fibonacci using the 0.382% and 0.618%. The value are $16,150 USD and $13,800 USD approimately looking these level to bought Bitcoin for discount. now, remember that I'm in the trade in long time and I say you that maybe Bitcoin it's go back to the $19,500 USD and it's happen right now, the price in this moment it's around of $18,800 USD and we're in profit in Bitcoin and Ethereum. So, I hope that Bitcoin it's touch my target profit at $19,500 USD and later that Bitcoin make it. I will going to hope the Daily's candlestick to know where Bitcoin it's going on. And also, the Daily chart it's important for this case. So, I will still alert on the $19k levels if Bitcoin make any manipulation or good entry to shorting in these levels. So guys, if you like this idea and plan, please get me a like,share this analysis with your friends, traders or people enghusiastic in the trading of cryptocurrency
COINBASE:BTCUSDShort
by harisonhbn9718
Pay Attention on the chart: Bitcoin it's form a bullish signal!!Ok, at the moment, I trade over H4 timeframe. So, to discuss we see that Bitcoin formed 2 chartist pattern, the first chartist pattern it's the bearish channel and the second chartist pattern it's an ascendent triangle. both chartist apttern are indication that the trend it's still bullish. Ok, at the moment as yesterday I entry around of $18,050 USD and today in the early in the New York time Bitcoin was down arounf of 3%, so it's so nearest that Bitcoin touch my SL, but at the moment my trade it's active for just $87 USD of distance of the SL at $17,550 USD. Waoh, but so incredible how the bulls are still the trend. So guys, the only update for there was these chartist pattern and my target profit I will going to change a little mroe of $19,500 USD and I believe that Bitcoin needs to go up!!! So, i didn't say that this scrreenshoot it's very well, but if Bitcoin it's into this ascendent triangle and then, break up, so this elliot wave analysis could be invalided and in this place it's will being the correction #4 of the this cycle to then watching a new impulse #5 toward the near of $23,000 USD. So guys, we will continue update this par. Also, remember that you can to put a buy order limit in Ethereum, the price action it's confirmed!!!
COINBASE:BTCUSDLong
by harisonhbn9718
BTC Market CyclesBased on this Market cycle map I am predicting that the bull run could last until May 2022. It would make sense for the top to tag around 100k, but we definitely can ago alot higher. I would think a 10x from the last high of 20k would make the most sense but an over shoot and push to around 240k to suck over confident bulls in before a new bear market starts and we pull back around 80% to around 35-40k This is just an estimated based on previous market structure, anything could happen this cycle has we start to see real institutional money start to flow in with the key infrastructure for family offices and high net worth individuals to feel a lot more comfortable putting capital into BTC, and then the fomo begins....
BNC:BLXLong
by Daxxtrader
Updates: Bitcoin formed a simetric triangle flag!!! Good signalWe're in Bitcoin from Friday and Bitcoin is prepare to a up movement!!! So, investor are buying in this simetric triangle of re-accumulation!!! As we are in consolidation and re-accumulation in this zone, Bitcoin is prepared to a bullish movement!!! So, I believe that it's arukk a good signal to continue buy more Bitcoin. But, as I have 0.06 lots inverted between these 2 trade, I just trade with 0.06 lots that i still open up these posiiton one from Friday and one from yesterday. And also, guys, we're forming a elliot wave analysis using this model that I am to prepared for you to understand in the cycle of trend. Remember that my own target is $12,000 USD. We're in profit in our first trade of Friday protecting our long position and then, our second position is in profit, so at the moment, the break even it's keep in this zone until we see any updated for tomorrow or the next days!!! Good luck on this position!!!
COINBASE:BTCUSDLong
by harisonhbn9718