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.
Midterm
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.
SALTBTC Cup&HadleA nice cup from Cup&Handle pattern is formed. Overall the coin is pretty bullish right now we expect significant price increase
Have no fear, ETC is here.Buy-in : Under 0.003445
Stop loss: 0.003005
PT : 0.0037, 0.0041, 0.0046
Hold potential : 1 week - 1 month
Fundamentals & News
Although ETC has several interesting news coming up, there is one that I think will boost the price up in the upcoming days, and that is the Airdrop of "Callisto" for ETC holders, at a ratio of 1:1. this is scheduled for 5th of March.
Technical Analysis
If you look at the chart, we're in a pennant/triangle pattern. the stoch is really low and indicating over-sold. RSI is also low and heading up. MACD seems to be curling slowly upwards.
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And much more to come!
BRDBTCMoving in falling wedge, soon after accumulation phase looking for breakout up to 50% Fibonacci level
LTC, A cup of tea with a little bit of $$$ on the side pleaseCUP and handle forming on LTC.
Coin (LTC)
Buy-in: under $230
Current price: $219
Stop loss: $195
PT: $240, $265, $300
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For more updates and more signals, visit ---> Crypto-mob trading signals / Educational / Investments : t.me
What we offer :
* Detailed Technical analysis
* Educational posts
* Legit signals, we stay away from Pump & Dump
* Daily / Weekly tips
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* Giveaways!
more things to come in the future!
New market cycle. Midterm signal but my god, it worth it.I know.. usually I'm a swing trader and hate having patience and seeing my money go up and down due to de waves in a coin and prefere looking at it on a day to day basis. but ADA, what a great coin. incredible dev-team. We hit rock bottom here and we just saw the announcment to a new market cycle. the Beartrap. a little wave making all weak hands sell their stuff to give intitututional investors and the 'smart money' the time to make the perfect entries for mid-longterm holding. I hope some of you have some patience and i recomment just buying as little as you want and just not put it in your blockfolio or delta app and so forget about it. this will be a nice one!
CINDICATOR. what a beautiful name actually.Buy-in: Under 1520
Stop-loss : 1350
POTENTIAL TARGETS : 1600, 1750+
(New feature) Hold potential: 3.5 weeks.
For the Fundamentals & News look into my Telegram.
- Technical Analysis -
We're in nicely shaped Symmetrical-triangle.
MACD is curving up on the 1H chart. it's still trending up on the 4h chart.
RSI also is moving upwards, Stoch is on the over-sold area which is good for us.
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Will BTC's rehearsal finally pay off?It's a little busy on my chart, but there's a lot going on... if you don't like lines and colors.. don't look at it then.
TC facing a lot of resistances and crossing points. It's time to take the right direction.
Descending parallel is like BTC's hometown.
Positive factors for a new cycle upwards:
* End of the yellow pennant
* Touched the side of this pennant and so the new trendline
* Completion of a normal ABC correction
* Exact same result as on Jan. 23th (hopefully not a finishing as on the Jan. 28th)
Negative factors:
* FUD :-)
ETHUSDCompared to other altcoins, ETH held relatively well the last weeks during the correction. Maybe due to the usage of the Ethereum platform by ICOs. Due do this fact, I expect Ethereum to also hold better for its correction of the first bull wave shown by the (1).
The first corrective wave hit exactly Fib 0.382. Some resistance at this level expected, for the RSI to correct aswell, before it will further correct which will provide buying opportunities.
Buy 1. 775 dollar (strong resistance expected by fib 0.5 and four previous resistance points in January and February)
Buy 2. 725 dollar
No trading advice, just my opinion. Happy trading!
ETH/EUR Waiting for the next uptrend ! (22/02/2018)Looks like the mid terme downtrend on eth is coming to an end, due to the end of the compression triangle.
The next Objective for ETH is 1000€ (Between April and May)
PS: I'm just a beginner so what i'm doing is not a pro job, this is an basical trend analysis not a deep analysis (Politics, Legislation, Technology, ... are not part of the judgment, just the curv !
STRAT with the bullish divergenceFundamentals and news :
imgur.com
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TA :
4H chart is telling us that we're in a falling wedge.
RSI, stoch RSI are in the over sold.
MACD curving up real nice on the 4h chart, trending up nicely on the 1h
Our MACD and RSI are showing a bullish trend while the price is showing a "bearish" trend, this is a bullish divergence. I expect a reversal and an exit out of the wedge and a move up.
Remember that this is a 4h chart, so be patient and give it some time.
buy in: under 0.000850 (buy at the bottom of the wedge or wait for the breakout)
Stop loss: I recommend a 10 to 15% under your buy in price.
Targets:
0.000950
0.001095
0.001210
0.001324
0.001487
0.001695
OR when you're happy with profit.
For more updates and more signals, visit ---> Crypto-mob trading signals / Educational / Investments : t.me
What we offer :
* Advanced & detailed Technical analysis
* Educational posts
* Legit signals, we stay away from Pump & Dump
* Daily / Weekly tips
* Crypto news
And best of all? IT'S FREE.
more things to come in the future!