EUR/USD mid term trade, pull back, price action Two scenario
* First is te pull back at 0.5 fibo. Two quite strong support Should be nice reaction, look for oversold
* Second, need to focus on resistance in red line, price will hit it and look for pin bar in the background area and body below
Happy trading.
Midterm
Qwark is Going to 2X in MidTerm || Want to Know Why ???BITTREX:QWARKBTC is already 10x down from the All time high,
all time high 14k,
Its 1D resistance trend line already broken,
Now it is in almost in buying zone,
In MidTerm we can expect min. 2X,
All the coins price are started rising, but this coin can not started,
Now the prices is started increasing, & it breaks the resistance level,
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BITCOIN: retrace and new target at 11600$ (end of May!) Hi folks.. it seems like total market cap (global) cant cross the 400 billion line and I expect a retrace back to 8300$ BTC levels (short term, next 4 to 5 days). (see the black line and red arrow)
But then again, the retrace is only a retest lower levels to gain traction and needed volume to break trhough the 9.1k barrier thats holding the actual trend down for a few days. Higher target is 11600$ BTC after the double top in february and march. Until then we are in a neutral trend zone. If we pass 11.6k (green arrow) we will probably go into an mid term bull trend with higher targets up to 15'000$.
This short/mid term analysis was made with the latest RSI / Exchange analysis of the top 10 exchanges.
What are your thoughts peeps?
Legends is going to 2x In MidTerm !!!BITTREX:LGDBTC is almost at bottom,
Its all time high is 0.001+ btc,
Now price is at 8k satoshi,
Technically its resistance line is almost broken,
So we can expect 2x easily in Upcoming Days..
Also its a Alts Season, all coins already started Pumping, this coin started too..
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ByteCent Coin Bull Run Already Started !! BITTREX:BYCBTC is almost in bottom & just started bull run.
Technically the resistance trendline already breaks.
ALTS Seasons also started,so we can expect 70-80% from this coin,
Its All time high is 28000 Satoshi,
Now Price 6200,
In some days it can hit 10k satoshi,
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ArtByte is going to 2x In Some Days !!! Want to Know Why ???BITTREX:ABYBTC is almost 6x low from the all time high.
Now price 110 Satoshi.
It will hit 200 satoshi easily in some days,
Bcoz, it is forming a cup, if the cup was completely formed then price hit 300 satoshi,
Now all the coins has started recovering. it will also..
So we can expect 2X easily in some days..
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Downtrend for BNB, and potential buying zone before take offHello folks,
We can notice a negative divergence on the RSI and MACD, and the beginning of the downtrend move for correction. I don't think that this is a good time for buying BNB and we should wait 3-4 days.
This downtrend (blue arrow) will probably lead to a stabilzation around 0.000143 - 0.000152 BTC (green box) in 3-4 days, which could be a good potential buying zone if we notice a new take-off when hitting the uptrend line (dotted red line.
In addition, we might see a BNB coins burn is approximately April 15th (not sure of this date), which, if it happens, wil increase the BN coins value and certainly create an uptrend move again.
Careful, if it keeps going deeper, breaking the dotted red line, and exiting the green box, this could lead to another downtrend!!
So lets wait and see what will happen ??
Please leave some comments to tell me what you think?
do not forget, i'm just a biginner at TA trying to do my best, and there is no certainty in this analysis.
Thanks.
GNT Coin Forming a Cup !! It Goes to Up in few Days .BITTREX:GNTBTC Coin Forming a Cup which is a Bullish signal,
Its resistance trend line almost breaks..
We can expect min. 20-30% in MidTerm.
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Wishing You Success,
Happy Trading.
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Waves Should Hit 110K Satoshi In Upcoming Days BITTREX:WAVESBTC 1 Day Chart looks great to breakout.
In the past the price goes to moon from 47k Satoshi price level..
Resistance level confirmed..
if it breaks then it will go to moon..
So We Can expect 50-70% Gain from this trade..In MidTerm
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BTC In Depth Midterm PlayWe are in the midst of an ABC correction to the larger degree bear trend. We have dropped quite heavily to the 61.8% retrace and I believe that this is a zone of a flurry of confluence of resistances.
on the daily chart we see the previous resistance acting as a support currently as well as the long standing support which has been tested but never broken by more than a wick since july last year. we also see the support we can draw on the 2 hr chart which seems to be holding steady right now.
we saw shorts go way up yesterday when we fell and they are slowly dying out with obvious macD divergance and negative downtick on 1 hr
longs started spiking as we were falling last night and saw larger increases than shorts up 2200 bitcoin gone long on the day vs 1500 bitcoin gone short on the day, overall leaning bullish.
I would be buying rn and layering off of any further retrace. when it comes to targets be aware of the resistances in dotted black
if you look at these prices you'll see many rejections to both the up and downsides and they are both relevant fib levels if we make it past the 2nd not much stands in our way untill the larger degree .5 fib range where algorithms will start shorting at that point if not before I would be looking to sell.
Stellar Lumens XLM - Build your long position.XLM is in a great pattern to increase your long position at the current .22¢. RSI (11) is resting at a hard 25% with very low trading volume over the last month. BTC is laying on $8K with solid support. Look to sell with RSI (11) above 80% in two to six months. If BTC breaks downward, look for the next XLM buy point at ~.11¢ for a double load-up (4x coins). If you're sweating a top buy-in, DON'T SELL! Sit tight or buy more. Everything cycles in the markets. Remember, volatility is what makes you money. You need to purchase quality assets and time your entries and exits. Don't chase the moon going after junk if you don't have the money to burn, go for solid gains (1x-10x) and build upon trade after trade. The top ten Crypto's are there for a reason. That's why I'm posting this, because I think alot of people don't know what to do right now. You only lose money if you sell for a loss. Why are all the traditional outlets condemning Crypto Assets? Because the technology is such a disruptive force. Be patient...
C'mon COVAL! Oversold and new J possible (100% potential)Hello, fellas!
We are in a alts bottom's season. I believe COVAL is bottomed, and we can get a good opportunity for short and mid term. RSI is oversold, and we got 3 tests in support line. Maybe we can test the third time the resistance at fibbo 50%. Possible repeat the J movement after the drawed falling wedge.
So, i will try to enter in demand zone, under 105sats, in a trade like that:
Short term
Entry: <= 105
TP 1 - 121
TP 2 - 131
TP 3 - 142
Mid term
Entry: <= 109
TP 1 - 142
TP 2 - 175
TP 3 - 198 (80% profit)
CM - 15%
If you want a SL, my suggestion is 95 for both terms.
Don't play with you cannot afford!!!!!!!
Warning: I do recommend Capital Management!
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren
VIABTC Cup&HandleThe price successfully reached our previous target mentioned in the last analysis of this coin and went dip. We carefully tracked its movement and for now it has consolidated and is ready for another wave of growth. Formed Cup&handle proves VIA's bullish mood. Use this analysis for a self trading, join our telegram channel to see targets stop loss and a buying zone
BTC UPDATE with CLEAR PATTERNSBTC in bullish mode, as I told earlier the descending parallel is broken en swapped for the ascending (purple) parallel...
I left some overhead resistances out, as it may look too busy, but there are idd. some obstacles to overcome...
Waves are shortening, but the path remains the same... the ascending parallel is for me the most convenient way to draw the Elliott waves.
It is very difficult right now to determine whether this is a first, thirth or subwave etc. there are different approaches, until we see the end of the upwards movement, we can go back in time to mark the waves and settle it correctly... nevertheless we should go all the way back in time to really define the right path... and I even don't have that info... 2009, right, when Bitcoin was born...
EXTENDED FIRST WAVES & BIG OVERHEAD RESISTANCE !When the outcome doesn't match the past analysis, one must confess they were wrong.... idd.. I made a wrong calculation and thought the bullish trend would continue faster as established. I am quite sure I made a mistake by counting too much on a classic Elliott wave count. On the 24h chart, it is more clearly visible that we are in a new wave upwards, and correction is (almost) at its end. Though, this could dramatically turn downwards, if the last upwards wave was the last one. Some people claimed that previous correction was wave 4, and the top of wave 5 should have been a HIGHER high... so it did not, because it's a LOWER high, otherwise it should have exceeded last high end dito the end of wave 3.
I am quite sure previous high was the end of a wave 5 and we are now at the end of correctional wave 2 in a new 'cycle'. In the larger uptrend we should be in wave 3... if the bullish trend continues... In brief: I think we have now extended 1th waves and shortened 5th waves... as it is more and more difficult to convince the mass of a bullish continuation and sellf offs happen faster. There is a large triangle forming with a severe overhead resistance at around 12000 usd, and I am curious if it will stay in the triangle and break through it.
BTC Elliott Wave Analysis for next couple of weeks (Mid-Term)It seems probable that given no "new money" is entering the crypto market, retesting the down trend support (used to be resistance before we breached) seems very likely. This instance also follows proper elliott wave count with an extended 3rd wave, alternating 2nd/4th impulse waves, and proper retrace in this down trend. Retesting the upper trend line of the original downward wedge seems like the "gas" needed to propel the crypto market in the positive direction for the longer term. I'm open to all critiques! Hope this gives some insight.
[NXCBTC] NEXIUM for BittrexHi friends!
Double bottom call!
Price recently broke resistance of Falling Wedge, its a best opportunity to join the ride.
Entry :
2100-2260
Targets :
2600
3000
Mid term
3600
4200
Stop loss:
under 1800
BTC QUIETLY BUILDING UP T(H)RUST !There's a lot going on again... I couldn't leave out too many calculations, as it is crucial to be sure BTC is in an upwards phase and how hard it will go...
Well... it will go very hard in my opinion... right when you think BTC will act sideways again or make some correction here and there to slow down the bullishness...
All calculations, patterns, Elliott Waves are correct, and should soon create some FOMO.
BTC was walking on a descending parallel which is marked on Jan. 7th. It doesn't know it is in open air right now, but will realize that it must complete it's 3th subwave and there's no holding back, as the pennant is coming to its end, BTC moved from the descending into the ascending parallel, all required retracements are done on the long, an inverted head and shoulders is very clearly finishing and will request a move upwards, equal to the size of the retracement within, a cup with handle is formed, correction of wave 1 (in orange) is done, and at the begin stage of wave 3, which will probably be very extended.
You can zoom out on my chart to check the elliptical movement (in green) which it will probably follow, of-course take it with a grain of salt, as this is a longer forecast.
But eventually, it will get there... this year for sure !
[VOXBTC] Short and Mid term trade: up to 184% Profits#Vox on bittrex
Buy zone 1160-1260
Short term targets:
TP1 1590
TP2 1995
Mid term targets:
TP3 2446
TP4 3075
TP5 3703
Stop loss: IF candlestick close under 1150!
Notice: On lower timeframes price might go under 1150 and back up, so don't set stop loss, follow the 1D candlestick close bar.
SNGLSBTC Cup&HandleThe price entered ichi cloud, it broke the strong resistance and moved out of descending channel. Cup and handle pattern confirms the scenario we recommend this coin in the mid term
STEEMBTC Trend reversalTaking into account all technical indicators and fundamental basis we conclude that the price should dip a bit more closer to the Fib 0.618 support level. Then there should be a trend reversal and a good short and mid term growth. Overall global correction of STEEM price is about to finish.