Priceanalysis
Bitcoin planning to make one final serious move.If you like my analysis dont forget to hit the like button.
Typical 4Hr Bitcoin Chart. $BTC price is respecting quiet nicely the blue triangle, apart from this its following the trendline (red) drawn at bottom acting as 1st support before price might tests triangle base (blue color)if red support fails.
Its a descending triangle bearish, btc might jump bit above triangle to trap longs IMO, but if it stays above red support trend line, i'm bullish as its making higher lows, if it breaks red support I'll be bearish and open short.
Checking on fibonacci scale, btc is playing with fib 23.6 making lower highs.
If things goes out of box and breaks triangle upwards, 1st target will be 10500, 10900 and will test 11241 in no time.
If it breaks down 9846, this time we will be back in time.
Bitcoin Prices slide as Bart Simpson rears his headIt has come to reports that the prices of Bitcoin have descended below $11,500 this Wednesday. The pattern has taken the shape of the fictional character Bart Simpson's head. The predominant cryptocurrency had gone past $12000 but there was an abrupt descend only hours later from that. It rose high to $12,145 and slid down to $11,438 in that very afternoon.
The unwelcoming pattern of Bart's head, as so it has been named after the fictional character, Bart Simpson. It has, consequently, driven the crypto market to decay.
The crypto industry had to incur a severe market sell-off. It is learned that newly-published research has affirmed that Bitcoin and crypto-currencies have led to the formation of an inverse correlation with the S&P 500.
Nevertheless, it is also being noticed that both stock and crypto markets are in risk now. Bitcoin has come down by 0.55%. the Dow Jones industrial average loses 0.53% and the S and P sliding 0.31% for the day. The profits, it is learned, were to relinquish them in a vicious sell-off only hours later to the gains.
Structure of Bart's head wrecks havoc on the crypto domain
Bitcoin had to suffer a huge loss by the unwelcoming Bart Simpson technical pattern. This pattern is consistently unwelcoming because the price spikes trade sideways and then swerve low to the point of collapse which is its original level.
It has been named the "Bart" formation by the armchair traders as the pattern of lines are reminiscent of the head of Bart Simpson which is analogously spiked.
This is a very rare occasion for the crypto traders but whenever it rears it's head then it is because there are manipulators striving to exploit the market at the expense of retail traders.
This pattern is heavily detrimental to the crypto market and hence intimidating to the operators of the market. The crypto market is operated under strict vigils and therefore, such forebodings are hard to sense and fortunately rare for this very reason.
However, the stalwartz associated with the industry are devising ways to have riddance of such havocs, keeping in mind that no more losses or taints are caused to the market. It is also learned that preventive measures would be taken so that they can out-maneuver every kind of prospective threats. Speculatively, the security on technological terms would be strengthened even more.
News Source: TheCoinRepublic
BITCOIN: Bull Market Incoming - But Not Now! I called the bottom, I spotted the accumulation, I figured out the Whales plans about going through 6,000 and 7,000 USD, when everyone else were Shorts, and got killed again and again. That is a fact - Our Group were contrarians to the Market. In my prior post I have evidence for it all.
Now I will reveal for you, what most likely will happen from now on!
We will enter a Bull Market, BUT not when you think so. First let me tell you, why a Bull Market is under way. We are here looking at the Weekly XBTUSD Chart.
- Simple Volume Analysis. For the first time we are starting to see Price Volume Trend Convergence. We made an IMPORTANT break this week, when we made a higher volume bar than the one after the Downtrend.
- We keep crusing above historical important EMA9 and EMA21.
- Our Elliott Waves match with what we can expect also match with The Whales/Smart Moneys Plan.
The Whales Plan
The reason our Group made money, was because I among other tings figured out the Whales Plan. I spotted the huge disproportion between Longs vs Shorts, which made it easy for the Whales to steer the market to 6k and 7k and above. Dumb Money kept adding to their Shorts.
Now everything is as the Whales want. Dumb Money are starting to go long and soon retail investors will also go LONG, which you can see from my chart is on the end of the 5th Wave. That is pure bate.
When first THAT happens, the Whales will dump the price and the Dumb Money will once again get caught. We will probably go all the way down to 61.8 % and maybe below 5k to bait people to go Short.
But hereafter its too late - we have already begun our uptrend and we will continue as illustrated on my chart directly in to the Bull Market.
D4
PS. Please give a LIKE!!
#ENJ Enjin coin at breakout & ready to give 32% profitCALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGETS
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
Augur REPBTC REP reversal expected, with 40% bounce back.Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
Looking at Augur REPBTC 4HR chart, REP is finding its strong support, but couldnt manage at Fib 38.2 and before that broke EMA21.
Right now its trying to find support at EMA 100, but went bit down to 3555.
Also in 4Hr. chart we can see its complete TD Sequential 8th candle, 9th to go and might show some bouncy up down push.
I would love to take some position around 3469 and if required will do ladder at 3200-3000.
BUY AROUND 3469-3600
TARGETS
(1)4009
(2)4290
(3)4516
(4)4743
(5)5066 (MOON-SHOT 40%)
TA
RSI 31 PERFECT
MACD CORSSOVER EXPECTED very soon.
ADX +18, might touch threshold of 25.
NEWS
Augur App Release v1.10.0
twitter.com
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY
Buy Price: AROUND 750 SAT (INVEST IN PARTS)
Targets: 1000-1200-1500-1700 SAT
Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range.
Long term investor can ladder this coin till 571 (rock bottom) in case price goes down.
TA :
1d chart - RSI green signal
macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles.
TD SEQ. 9 candles done - new candles about to start
836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat.
ADX is positive
As per volume bots - accumulation is going on in this coin since last thursday.
Opening Double Calendar Feb/Mar 122 Puts 124 Callswww.tradingview.com
for a debit of 1.20/contract.
At open, Theta 1.8 and Delta -1.65.
Chart 2 weeks per candle.
Bottom panel shows % move adjusted to approx. breakeven prices and the historic occurence % of those moves. Xs (top=up, bottom=down) plot for
each occurence and the red green lines show percentage for the selected number in the PriceMove indicator settings (published).
Using the guidelines of monthly move of less than $10 (Plus / Minus 10 shown in fuchsia ahead of last candle)
and (per TW platform analysis) ratio of > .5 (max profit)/debit at expiration
This looked okay, we will see. My mentor on these looks only nearer monthly expriation times so 20-30 dte on short leg and long 50-60 dte.
Placed an immediate 25% ($30) closing order and will watch closely as goal of 25-50% of debit.
Will shoot for higher % up to 50 when can watch it.
If price reaches a breakeven I add a calendar ATM if 10 dte remaining and if not, I take off the position.
Categories tricky for the way I trade but overall price movement and limits will fit into support and resistance.
Can OmiseGo OMGBTC make a recovery of 625% in 2019?Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
OmiseGo ( OMGBTC )all i can say right at the bottom and all time low. Its in huge correction since 23rd april 2018 when it did high of 0.002543.
I would recommend to take entry now, atleast 5-10% of your portfolio funds.
TA
RSI 29 extremely oversold.
MACD CORSSOVER
1D chart moving along with 21 EMA.
Huge Accumulation is going on.
Alot also depends on btc movement, and a rally up will be a good reward from here.
BUY AROUND 0.000327-0.00034
TARGETS
(1)0.000380
(2)0.000412
(3)0.000465
(4)0.000503
(5)0.000550 (MOON-SHOT 62%)
STOP-LOSS -5% BELOW ENTRY POINT
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
POWRBTC POWR expecting bounce back from 200 EMA 30% profit soonDont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
Looking at #POWR 4Hr chart, its all set to give next rally. Its nice completion of TD Sequentional, around 22nd of Jan, EMA 55 did able to hold it and it drop back to next support at 2537 & now EMA 100 tried to hold but failed.
Finally our 200 EMA is at 2425, and before that POWR will launch to moonshot.
Last time full EMA reversals happened around 10th to 15th Jan (CIRCLE WITH YELLOW COLOR) and moment crossed 200 EMA huge bounce back. So all i can see its matter of days before its rocket launch.
TA
RSI, MACD, CYCLIC INDICATOR ALL BULLISH & PERFECT.
BUY AROUND 2425-2577
TARGETS
(1) 2761
(2) 2904
(3) 3020
(4) 3299 (MOON-SHOT 30%)
STOP-LOSS
2310
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
SNTBTC #SNT holding strong support, set to give 70-104% profit#SNT holding strong weekly support at 573
Accumulation going on.
4hr chart looking reversal, nice time to
take some entry position.
TA : RSI, MACD BULLISH
BUY AROUND 573-599
TARGETS :
(1) 0.00000638
(2) 0.00000678
(3) 0.00000958
(4) 0.00001291 (MOON SHOT)
STOP-LOSS : 0.00000550
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
ZRXBTC 0X #ZRX all set ready to give 70-120% profit.Previously few days we shared #ZRX and did, now again its right around breakout and good posibility to give huge profit in matter of few days.
ALL INDICATORS BULLISH
MIGHT BE A HIGH RETURN CALL
CALL TYPE : #SHORT TERM CALL (MUST HOLD FOR GOOD PROFITS).
EXCHANGE :BINANCE #ZRXBTC (BUY ZONE)
ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO
Buy AROUND : AROUND 7600-7800
TARGETS
Target 1 : 8897
Target 2 : 9087
Target 3 : 9532
Target 4 : 10210-10802++
StopLoss : 7480
WHY BUY #ZRX?
Undervalued now, breakout expected very soon. Have good potential to rock again.
TA POINTS
Increase Buyer Volume & RSI started moving up.
MACD crossover in 15 min chart
4hr chart bullish to given 10-20% profit.
cyclic indicator positive.
#ZRX have strong support at 8000
If breakout occurs, expect an increase to the next resistance zone 9122
MITH MITHRIL is about to give massive gain of 30-50% very soon#MITH is holding its position around its all time now.There is high chance for its breakout, that would end its downtrend.Last time it showed a rally of 20-25% when RSI moved to 36. currently RSI is playing around 30-33,everytime it touched 35, rally is expected. ADX +DI is around 16 close to -DI,cross over can be instant. MACD is bullish. We are yet to see rally in 2019, and if this breakout happens we can easily see massive gain of atleast 30-50% in a matter of days.
#MITH Mithril MIGHT BE A HIGH RETURN CALL
CALL TYPE : INSTANT PROFIT + #SHORT TERM CALL
EXCHANGE : BINANCE #MITHBTC
ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO
COIN : #MITH/BTC
Buy AROUND : 1420-1480
⏬ TARGETS ⏬
Target 1 : 1550
Target 2 : 1652
Target 3 : 1752
Target 4 : 1949++
StopLoss : 1370 OR HODL OR LADDER POSITION WITH FURTHER -5% STOP-LOSS
FREE CRYPTO TRADING CALLS ON Telegram t.me
Time to Buy & Accumulate #civic #CVC 25-50% profit in short termCIVIC ALL TIME LOW. BEST TIME TO MAKE ENTRY FOR HUGE PROFIT IN COMING DAYS.
Go for this coin only if you can hold for few days (short term call).
RSI - OVERSOLD
#CVC touched all time low of 1337, nearly 97% down from ATH. Downtrend TD Seq. 9th candle about to complete, after that uptrend TD will start.
#CVC rally from bottom is always near 25%.
Fib 78.6 (1583) i.e. target 1 is important level, whenever #CVC broke this level, we saw a rally of nearly 50%.
EXCHANGE :BINANCE #CVCBTC
COIN : #CVC/BTC
Buy : ACCUMULATE AROUND 1300-1450
TARGETS
Target 1 : 1583
Target 2 : 1777
Target 3 : 1913
Target 4 : 2048
Target 5 : 2216
Stop-Loss : 5% BELOW ENTRY PRICE (OR HODL IF YOU CAN)
Telegram: t.me (FREE)
ETH/USD rice analysisEthereum extended its fall on Nov. 21 and broke below the support of $135. The RSI has reached deeply oversold levels, which previously resulted in a pullback. Currently, the bulls are attempting to pullback from the $126.20 level, which is likely to face a stiff resistance at $167.32. The downtrending 20-day EMA will also be a difficult hurdle to cross.
If the next leg down breaks below $126.20, the ETH/USD pair can extend its decline to $110. As the trend is down, we shall wait for a new reliable setup to form before recommending a trade.
Time to take entry in nebulas NASBTCChecking charts of nasbtc things are very bullish
all indicators showing bullish sign for any time pump
already bottomed out
take an entry and exit at 5-10% profit in few days
will update this post with targets
NXSBTC $NXS NEXUS WILL BE GOOD BUY, BULLISH UPTREND COMING.DONT FORGET TO HIT LIKE AND SHARE THIS ANALYSIS, MORE COMING
PAIR : NXSBTC
CHART DURATION : 4H
EXCHANGE : Binance
BUY ENTRY : 0.000091 - 0.000092
SELL : 0.000096 - 0.0001 - 0.00012
STOP LOSS : 0.000085
EXPECTED TIME DURATION: AROUND 1 WEEK OR BEFORE.
RSI 23 OVERSOLD
STOCH OVERSOLD
CYCLIC INDICATOR BOTTOMED - ABOUT TO START GREEN IN FLOW
MFI 6 (20 IS CONSIDERED GOOD BUT ITS 6 VERY GOOD)
MACD ABOUT TO REVERSE
PIVOT REVERSAL - EXPECTING BUY SIGNAL
TD SEQUENTIAL 6 BAR COMPELETED 3 TO GO IN 4H CHART / 1D 9 CANDLES COMPLETED REVERSE SOON
POSITIVE NEWS ATTACHED.
CRYPTOLARK TWEETED HE IS HOLDING HIS NEXUS :-)
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
ZRXBTC LONG ALL SET FOR QUICK 37% PROFIT
RSI GOOD
MFI 20 OVERSOLD
MACD OVERSOLD
STOCH BELOW 20
CURRENT POSITION ABOVE 61.8 11710 SAT 1.27% UP
TARGETS 12960 - 13685 - 15925 (7-14 DAYS)
FOR QUICK TRADERS STRICT STOP LOSS OF 11000
REGULAR ST AND LT TRADERS STOP LOSS 10256
October development updates twitter.com
0x Instant: public spec + private beta
@npmjs packages => 0x namespace
support for EIP712 in @metamask_io
governance updates from @EFDevcon
New team members
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
Bitcoin Looks Ready for a Very Short Term Price DropSince the last price analysis that was performed was dedicated toward providing insight into Bitcoin’s long-term prospects, we’re going to go ahead and take a look at its short-term prospects today (October 25th, 2018) and in the next few days as well.
Forgive the messy chart above, if you can.
But here we can see a mapped out chart that shows all of the resistance and support lines for the price of Bitcoin over the last two weeks.
This chart has been shrunken to the 2-hour resolution in order to give a better view of some of the micro-movements on the chart.
As noted in one of our earlier price analyses, we thought that the price of Bitcoin was reflecting a symmetrical triangle, but that turned out to not be the case after we started looking at the qualifications of what delineates a symmetrical triangle.
Where is Bitcoin Headed To?
If we zoom into the chart a bit, we can get a better sense of where the price action appears to be taking us at the current moment.
As we can see in the picture above, it appears that the price of Bitcoin bounced against the top trendline and is now headed down for a re-test of the support.
Now, before we look at the price that Bitcoin could end at, please keep in mind that Bitfinex is trading at a premium to some fiat-based exchanges currently. However, this is the chart ( picked by TradingView on default)
But based on the chart below, it appears that the price of Bitcoin is on a trajectory to re-test the lower support around $6,405 approximately.
Relative Strength Index (14) for Bitcoin
The picture above shows the RSI(14) on the 2-hour chart.
As one can see, ever since the spike that occurred on October 15th on the chart, the RSI has been decreasing steadily.
Currently, there is no divergence on the chart between the RSI(14) and the price action, so we should be able to take this at face value.
Thus, the readings on the RSI(14) confirm our belief that the price will continue to decline (albeit at a very slow rate) until it touches the support unless there is some alternative or exterior news that makes this untrue.
Above, is another look at the RSI(14) juxtaposed with the price action of Bitcoin itself to give you all a better understanding of how the RSI(14) is currently matching the price action of Bitcoin, ruling out divergence.
Zerononcese Balance of Power RSI
This indicator tracks accumulation and distribution periods and plots it on an RSI background.
When the line is going up, that means that the buys (buys > sells) is increasing.
When the line goes down, that means that the sells (sells > buys) is increasing.
When the line is above the purple area, that means that the buy pressure is beyond its normal range and when the line turns red (which will only occur above the purple area), the buy pressure is at an extreme. The same can be said of the sell pressure when the price is below the purple area.
In the picture above, the BoP RSI on the 2-hour chart for Bitcoin is showing us that the distribution or ‘selling’ phase for Bitcoin has been picking up speed over time since approximately the third week of September to this point (about a month later).
This also corroborates our belief that the price is headed down to the test the lower support.
Let’s juxtapose this indicator with the chart:
Zerononcense Double Guppy
This indicator is designed to trade like the Donchian Channels whilst also confirming trends when the bottom of the channel turns red (for a confirmed downtrend) or when the bottom of the channel turns green (for a confirmed uptrend).
Currently the top of the channel is blue and the bottom of the channel is purple.
However, it appears that the price neared the top of the channel recently on the candle before last.
When the price reaches the colored part of the indicator, it bounces from there.
See below:
In that picture that posted above, golden boxes were drawn to show the price ‘bouncing’ each time the price dips into one of the ‘extremes’ on the channel. It’s designed so that this is almost an inevitability.
Only on the second to last golden box do you not see this play out (in full), and that usually only occurs when there is an extreme outlier in the data.
When evaluating the purpose of this indicator as well as the price data, this also corroborates our suspicions that the price of Bitcoin will be declining as well.
Conclusion
All in all, the volatility is so minute on Bitcoin at this present point in time, it probably isn’t worth it to consider any position on the coin in the short-term unless one is leveraging it to the fullest extent.
As always, safe trading!
Dislcaimer: This is not financial advice and the author does not hold any bitcoins.