Predictions
Attention: STEEM to break out tonight! 200%+ profit Target 11.75STEEM looks to be ready to show up tonight! My target is $11.75 at which point I will unload at least 25% of my stock. Notes are in the chart.
Ripple (XRP) price predictions!!+ lower blue is macro support line.
+ upper blue is macro resist line.
+ lower pink is micro support line.
+ upper pink is micro resist line.
Current situation: The pink, open (diverging) wedge creates boundaries for the price fluctuations. Looks like if price is less than 0.94 cents we will enter a bearish market. If price is higher than $1.12 we will enter a bullish market. Both of these scenarios signify break-out points of the wedge and will result in big drops, or big gains respectively.
Litecoin at $200+ in the next couple days. $300-500 DecemberHi everyone! wanted to say thank you to my Crypto Family on telegram. You guys have offered such great support for me during the past couple weeks and I hope you all have made $$$ Following my trades. It has been great connecting with everyone and proud of the community we have built. Looking forward to more discord conference calls and making more $$$.
Today was a sad and happy day. I called $120 LTC yesterday at 2 AM to the group. Woke up to a very happy LTC gains. Look at my account... BOOM turns out I sold at $1.50 above my purchase point... i was like what...?!?!!? I kept talking about LTC at $120 I failed to double check my sell limits and missed out on a $60k profit. Oh well, you live and you learn.
So where are we headed next? I called $200 a couple hours before it happened. If you check LTC order book they have really weak upper resistance. I really thought it would hit $500-1,000 today. Haha 1 - 100 LTC at each sell point all the way up to $1,000? Come on. The writing was on the wall that we are dying for a bull run.
LTC is severely undervalued. With more people pushing into Coinbase and crypto world we will see LTC have a monster year. It has a great household name of BTC's Silver and much more "affordable" than ETH and BTC. (both coins which have great long term value). Not only that LTC has great tech, its improving its marketing, and it finally beat DASH out. FYI have we heard any scandals with this coin yet? NOPE
No special TA's. No Chat Indicators. Nothing. This bad boy will hit $200+ soon. No day trading mode. If you do, sell at the top. Buy back the dips. I should have babied the market over dinner. I would have sold at $200, buy back $155, sell at $185, buy back $160's. Easy money. I normally post these types of trades on Telegram since its easier and instantaneous vs TV.
So HODL. LTC is going to pop. Time to start accumulating. I will post further TA's and when to buy and sell and rebuys as the market continues to progress. I expect more bull runs in the coming days. I have sell points between $500 - 1,000 atm. I will probably sell a couple in the $200-300 range to make some $$ and buy back the dip.
All in all, good luck everyone! Thank you for you support. I will post on IOTA soon. TLDR: BUY IOTA NOW - sell $7. I called IOTA at $3.45 yesterday. Been doing great ever since. Anyways, Happy Trading and Happy Holidays.
EURUSD : November OutlookIn the previous post about EurUSd -0.23% , we were expecting EurUsd -0.23% to make a mid-term high in October and tread lower from there onwards to a short-term low in the first week of November, thats already in place and we are now expecting Euro -0.23% to keep trading lower against the Greenback till Feb 2018.The intermediate low has been marked on the chart @ 29 November - along with the price target of 1.1371-1.1471.
Technical, probabilistic and fundamentalist analysis for AVT/USDAventus is a digital currency to facilitate the payment of tickets for events, something very common for us, but still obsolete.
As you know, there is ticket traffic, lots of banditry behind and lots of money involved.
AVT is a relatively new currency, and was listed on BitFinex on 10/10. Its value ranged from under $ 4 to up to $ 6, this already shows a public interest only for the idea.
In addition, the amount of currencies of the Aventus is of 10 million, and only 6 million are in circulation.
Her MarketCap is still low, at $ 20 million.
Taking into account that all Bitfinex coins have more than $ 100,000.00, minus AVT and Santiment (I also advise), I believe that Aventus will reach this value soon. It is a very volatile currency, this attracts risky investors.
If it reaches 100 million MarketCap, it will reach approximately $ 17.5.
But I do not believe that it will not be so easy to get home from the $ 6.6 dollars, which indicates an increase of almost 100% of the current value. Not to mention that for this, we need only another 20 million dollars in the MarketCap to double the price.
Now if you calculate how many Bitcoins circulate in Bitfinex ($ 500 million dollars), and estimate each of the Bitcoin forks generating about 5% profit each, we total about 10% of the total Bitfinex Bitcoins available for users. Being that 75% of the users invests Fork profit in altcoins, then we will have: (500,000,000.00 * 0.1) * 0.75 = $ 37,500,000.00.
Now let's see which coins have the lowest marketcap in Bitfinex (preferred by those who re-invested the profit of the fork): SANTIMENT AND AVENTUS . Santiment today has about 17.5 million dollars capitalized. If we see, the bills hit EXACTLY. Of the 37.5 million, they would probably invest 20 million in Aventus , doubling its value. And the remaining 17.5, at Santiment, doubling its value.
Obviously this will not happen overnight. But I very much believe that this will happen by the end of the year. And another: If you think that the re-investors of the profit of the Fork will prefer IOTA, I do not agree.
IOTA is very still, it is always the same, it has not been high up for a long time, lots of news and nothing shocks the market, many Bots acting on it, many whales holding the price ... So it is almost 100% sure that they will invest in others.
And if you do not invest in IOTA, but divide the investments into Aventus and 4 other currencies, we will still have an approximate 50% increase in price, and that would surely get the attention of other investors.
Not to mention that if Aventus closes any partnership, it is GUARANTEED success.
A hug to all, I hope you have not been confused.
Forecast by Leonardo Bermudes , trader and CEO of Berman Investimentos (Brazil) .
VRM PREDICTION: 85% return before christmasMight be a green christmas for this one. buy it while its cheap - looks like Santa is coming to town!!
EURUSD - THE END OF THE BULLISH TRENDHey Traders!
I hope you had a great end of the trading week, month & quarter. Regardless of your results it's time to wipe those memories clean & get focused on the now as we get into the final stretch of our 2017 trading year.
This idea is better explained in my recent video, but what I'm looking at is the potential end to the Euro's year long bullish trend. As you can see on the chart, we've recent seen weaker & weaker pushes higher and after creating our most recent New Structure High we've seen selling pressure hold giving us triple stops. We've yet to see a violation of our previous structure lows which would confirm a bearish rotation at the least, but it's looking like the steam could be ending in this trend and markdown could be in store.
Now before you hit that SELL button just because you've looked at my chart, REMEMBER that this is just a prediction, a prediction that is early in the process and in order to find a shorting reason I'm going to need to price to confirm my suspicion. So as of now all of the pre-analysis has been down as far as forming a prediction and knowing how I'm going to react if that prediction comes true, now I just have to wait and see if the market agrees.
As always i'd LOVE to hear your opinion so feel free to share a QUESTION, COMMENT, OR CHART below. I do ask that you be polite to each other and be open to different opinions, after all the markets move because of the difference in opinions.
Happy October
Akil Stokes
Video explaining this setup available in link below
Litecoin. Technically, it's a buy, but...Alright. So on a technical basis, we do have a couple of solid buy signals.
-First of all, we broke our down channel.
-Secondly, we entered back into my bull channel.
So what's my problem, you asked. I don't know just yet? I'm still trying to put my finger on this one. If I had to put something into words here I'd say that we still don't have solid, hot red confirmation (a multiplicity of indicators) confirming bullishness again (at least for Bitcoin, which is who Litecoin has been following as of late). Volume is way down. RSI and MACD are right on the edge. Etc., etc.
If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in, maybe 20% per buy) and have your stops tight. Mine are just below the ascending bottom GREEN trendline for now. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
Bitcoin Litecoin Ethereum to dump this weekend?
I am not suggesting it will happen, but I am seeing some of the leading cryptos (Bitcoin, Litecoin, and Ethereum) poised to dump this weekend. In addition to all remaining in bearish chart patterns:
-Ethereum has fallen below .618 fib retracement and the $275-$280 support level.
-Bitcoin has dropped below it's longer term bullish channel yesterday evening
-Litecoin has dropped below it's 6 month bullish channel yesterday evening
They all seem to want to move down and touch our 200 MA. And while Ethereum and Bitcoin have some big supports to work through until they get there, Litecoin has easier work of it and very well could get there in the next days/weeks.
Whether they dump or not this weekend, I think the downward trend has definitely been validated on my charts and until we escape these bearish wedges/channels, I, for one, will not be looking to reposition just yet. Greater discounts are on their way!
Stop the panic Bitcoin longs!It's days like today I find that I am having to remind people what to overall long term trend looks like.
Bitcoin is still bullish as it remains in my BLACK BULL CHANNEL. This BULL CHANNEL is nothing to sneeze at. It has remained intact since early May. You'll remember that it broke below this preceding the last fork. Only when we dipped below the bottom of my channel AND CONFIRMED by opening a new candle below this trendline on the daily did I become bearish. And, until I see these activities/indicators on my chart again, I will remain a bull.
Although I was stopped out of my previous trade, I will continue to re-position myself back into the market until the bottom of my BLACK CHANNEL is broken ...if that happens. We will know soon. The CHANNEL BOTTOM is holding thus far and I remain a bull.
More updates to come as the China news unfolds and is digested by this market.
Until then stay rational my trading partners. The trend is still your friend.
Stop the panic Litecoin longs!
It's days like today I find that I am having to remind people what to overall long term trend looks like.
Litecoin is still bullish as it remains in my GREEN BULL CHANNEL. This BULL CHANNEL is nothing to sneeze at. It has remained intact since early March and has never been broken to the downside. Until it does, I will remain a bull.
Although I was stopped out of my previous trade, I will continue to re-position myself back into the market until the bottom of my GREEN CHANNEL is broken ...if that ever happens. It did not today. The CHANNEL BOTTOM held firm. And I'm still a bull.
Stay rational my trading partners. The trend is still your friend.
My Storj predictionHey guys! This coin on a technical perspective, is bound to explode soon. I have started to accumulate on the current prices. I think there is a good potential for a 100% gain in the next couple of weeks.
Lets see what happens.
I also wanted to announce that we are in the process of launching a bitcoin exchange and hopefully a trading platform to follow.
www.intlcoinex.com
twitter.com
www.facebook.com
Litecoin. I'm not buying ...yet.If you've followed my post, you'll realize that I've recently stopped out of Litecoin. Currently, my Litecoin deposits are sitting all in CASH. Here's what I'm waiting for.
Just like it's big brother Bitcoin, Litecoin has a long upward bull channel (BLACK LINE). Ninety percent of the time we will remain within this bull channel. Currently, that's exactly where we sit. We're at the top of the BULL channel looking to break above it again. However, we have NOT. We have not opened a new candle above the TOP BLACK ASCENDING TL. And until this is done, I personally am skeptical that our bulls are back in control of this thing.
If you're a bull looking for a new entry, I'd wait. Confirmation is needed here. We must open above the intersection of trendlines and procede upwards for solid confirmation.
If you're a bear looking to short, I'm not sure I'd short here either. The market is making a big decision right now. We'll soon see how it plays out.
Good entry for bulls is confirmation (any new candle that opens and closes above our TOP BLACK TL) or wait till we know we've hit our bottom. Currently, these last few candles simply look like a bear flag to me and we could procede lower?
If we do procede lower, look closely at all of our supports: 65.96, 64.67, 62.38, 57.75, and 54.97.
I personally would love to see us get down to our last all time high of $57.75 as this would indicate a healthy correction and would be beautiful to my eyes technically. However, I am just not sure at this point we'll get there.
Today the market will be making these decisions. You'll know by tomorrow.
Watch closely. Be careful. And good luck my trading friends.
I bought Litecoin again. Here's what I see.After an absolutely explosive and insane move from $50 to nearly $100 in only (6) six days, Litecoin put in another (5) five days of consolidation. Initially, I had hoped it would drop to $57.75 or even our $50 support. But now I am not sure this will be the case. Litecoin continues to look bullish. And just like my Bitcoin chart, it appears that Litecoin has broken out and above the long trending bull channel and will look to form a new, steeper ascending channel.
Here's what I currently see on my Litecoin chart:
- We've broken out of and opened above our (5) five day downward ascending trend
- RSI showing hidden bullish divergence again
- China news has been fully digested
- Good supports of $73.33 and $74.80 will be hard to break below.
My forcast:
I see us bouncing around between the top of my bull channel (GREEN TL) and the steeper ascending PINK TL before reaching my new target of $98.28 for more consolidation. Should we reach the PINK TL before $98.28 I will sell.
My stop outs remain any daily close below the top GREEN TL. I will follow this closely and adjust accordingly.
Happy trading!
Bitcoin BEAR FLAG?We've hit the top of my Bull Channel which looks to be providing quite a bit of resistance. It also looks like we have formed a bear flag in the process. I'd say the chances of us selling off here are much greater than breaking out. My first target would be the BLUE upward sloping trendline. Second target? Bottom of the Bull Channel (GREEN upward sloping trendline). We shall soon see how this plays out.
Happy trading folks!
OMGUSD OmiseGo Target $15.28. Double your money!!!I want to show you something. I'm not saying this will happen but...
Take a look at this chart. It is beautiful. And according to what it is telling me, we have two (possibly three) more days MAX (but probably less) of consolidation for OmiseGo. Once complete, we would break out and above our shorter downward sloping ORANGE trendline. Of course, the possibility remains that we could break down too, BUT remember, the trend is your friend. And there is more reason to believe OMG will go higher including but not limited to:
- Bitcoin continuing to lead upwards
- Great support at 78.6% ($7.60)
- Current trend for OMG
- Middle Bollinger rising rapidly for support
- etc.
Our longer term (maybe not till October) target is $15.28 (161.8% Fib), DOUBLE CURRENT PRICE! At which point you will be yelling, "OMG"!
WARNING: This is a high risk trade with risk of big losses. You MUST put in your stops properly. Stop out would be at $7.60.
Trade carefully and, as always, happy trading my friends.
Litecoin. New pattern idea. Will we coil again before breakout?It looks as though Litecoin may be forming a new triangle. I have a suspicion we will begin to coil yet again in this larger triangle before finally punching through our ATH with another long green candle much like the one we saw yesterday. This next coil process, if it proves to be true, could take up to a month to form before we see our next big punch through. Should this idea be correct, I see us bouncing up and down between our support levels of $48.90 and $50 AND our resistance trendline (downward sloping orange) which will pressure us slightly down on a daily basis.
Don't be discouraged Litecoin traders. This is an extremely healthy process. One of the reasons I have fallen in love with Litecoin lately is because of it's healthy charting patterns and stability. Our next big punch through should take us through our ATH of $57.75. Target remains $75.00+. Stop out remain anything below the upward sloping GREEN trendline and should be adjusted daily.
Keep the faith in Litecoin traders and as always, happy trading!