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Reversalpoint

LTC/USD at decision point - Bounce to $130 of sell off to $50Dear all, Here is an update on LTC. Clearly undervalued and oversold. However further move downward is an option and is highlighted on the chart. Here we sit, a bounce to $130 is necessary because below $95 next strong support is at $50. This trade is driven by 3 main factors: - LTC currently sitting at key support $95 - RSI is oversold - RSI forming falling wedge 1st target is $130. Of course this forecast is not a financial advice, study, exercise yourself, put into question your reasoning. Well, strive to be a better trader tomorrow than we are today. All the Best from the Crypto Space Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
BITFINEX:LTCUSDLong
by Alteroc
OH NOO! My 2014 Comparison is Alive - Reversal at 4,888.7 USD? Hey Friends :) I will try to be consistent again, guys, and make daily updates now like in the good old day! ;) As I told you last time, I've spent so much time on my company and have hired a lot of people. But everything seems finally to be all good now, and I have time to keep you guys updated again - really looking forward to doing that :) You probably remember my Bitcoin comparison chart from 2014. It has some crazy similarities with 2018: - Crazy bull run - The lows - The double tops - Double bottoms - Sick spike out of down trending channel Back then, when I first made my chart, I believed this was a likely scenario. I since changed my opinion due to a lot of fundamental stuff, which were pointing upwards. I before mentioned R.S.K and iExec and Intel, which eventually will revolutionize Bitcoin, but the R.S.K I.C.O is still not out there. Also the whales seem to play a bigger role. The low volatility also confused me a bit lately - Bitcoin has not been super easy to read lately - let's be honest. I really want to be an optimist, and once again I'm totally convinced that Bitcoin will do super good in the long run - but for now it seems that we need to go under 5,000 USD if we look at the TA in isolation, and IF the whales don't have a plan to push us before. 4,888.7 is not just a random number I chose back then. Obviously it was kinda joke, when I came up with such a specific number - no one has a chance to be so accurate. BUT there is definitely reasons to argue that the area could be a turning point due to the following: - 78,6 % retrace is around there - It's just below 5,000 USD where we will have a lot of buyers - And if we look at the Volume Profile we tend to jump from a H.V.N. to a L.V.N., which 4,888,7 is. Anyway.. Let's see, my friends! No matter what - I'm super happy to be back, and even though we fall lower or not - Bitcoin and crypto are not dead - Bitcoin will recover and you will also see a NEW ALL TIME HIGH AGAIN :) D4 Loves You <3 Please leave a like if you are happy to see me back - and I promise you I will keep you updated and be consistent now I again have the time. Thanks in advance, my friends :)
BITFINEX:BTCUSD
by D4rkEnergY
253
Bitcoin Pivotal Moment: Up or Down?I briefly wanted to show you in this chart that support from February has now intersected with the down trend that started in May. There is no telling which way it will go from here. On one hand we have strong support that has already held twice, on the other hand triple bottoms rarely hold. We also have a strong relentless down trend that have beaten the bulls down to this defining moment; the momentum is on the side of the bears. If you wanted to invest in Bitcoin long term, I would suggest doing it here if you can afford a stop around $6389. The closer you can buy to this number, the better. If you want to short Bitcoin, I believe a good entry would be ~6,900. Be mindful that there is strong support at 6,400, 6,000, 5,600, and 4,900. All areas where we have seen strong reversals from.
KRAKEN:BTCUSD
by ttrending
MU Turtle Soup Sell on the weekly chartTurtle Soup Sell (TSS) on the weekly if closes below 63.42. TSS: A close (Friday 6/1) below previous 20 WEEK highs (63.42) after making new 20 WEEK highs (the higher the better) sets up a TSS, powerful short term reversal on the WEEKLY chart. Set up is invalid above previous 20w highs (63.42) - often fluctuation at those levels. Set and trail stops accordingly Projection - previous swing lows i don't know what the green triangle is or how to get rid of it
NASDAQ:MU
by AtticusRex
1
[IOST-BTC] IOSTOKEN 25-50% ROI-OPPORTUNITYAs I stated in this video, Jimmy Zhong co-founder of this token is a freak-in young genius. Not only am I excited about the fundamentals for a long time now on this token , but I like what I see on my TA now! This token or crypto is so undervalued. I always focus on undervalued cryptos. It's not all about the major top 25 coins. There are gems and diamonds out there if you can actually find them. Below you will find multiple links as fundamental analysis research if you know absolutely nothing about this token! Thanks for your recent support on my last video. We had about 30 subscribers jump in and follow me just from my last TRON (TRX) TA.. If you enjoyed my TA here, then please comment, and like this video and join my channel here on trading view! As I mentioned on this video, I will be loading up more on this token for sure! I also will start trading IOST even though I generally consider this volume to still be kind of low and out of my parameters in terms of minimum 24hr volume which is what I generally look for in trading altcoins. This token is starting to have more volatility and increased 24hr volume which to me starts making it a trade-able crypto token! PS. Full Disclosure: This is not financial advice, this TA is only for educational purposes. You must perform your own research, investing in crypto is risky and volatile. You are responsible for your own actions! Thanks, your aspiring trader/crypto analyst CryptoBuzzAnalyst coinmarketcap.com iost.io twitter.com www.youtube.com
ILong
by CryptoBuzzAnalyst
2
the doji stormhello a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal. secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation. Let's see how this plays out given #btc however looking at the similar indicators of #btc at the point of posting, some uptrend movement expected after a few days of down movement. GL
S
by HerbHash
[LTC-USD] BREAKOUT-EXHAUSTED-OVERBOUGHT!LTC had a beautiful break out of about 24% in just 5 days! Wow.. that was really nice. I hope we can see more like that soon. This bullish sentiment is on fire, now, and I can see both American , European and Asian markets finally all collectively work together in team play moving up the volume and price action of all crypto across the board. What a relief! Finally, we have some nice price action after 4 months of bearish activity since Jan.. LTC is completely overbought and I am not touching this until it corrects again between $161-171 PS. This is not financial advice, this is only for education purposes and I suggest you perform your own TA. If you learned even just one thing from my video then, please support me and give a like and feel free to follow me to see how I profit from my trades! Thanks CryptoBuzzAnalyst
BITFINEX:LTCUSDShort
by CryptoBuzzAnalyst
11
AUDCAD - ReversalMy bias this week on AUDCAD is long. Upon hitting historical support on the daily, price has reacted with an inverted hammer candle and closed bullishly on Friday (potential profit taking for the bears). Biggest question here is whether enough sellers will buy back their positions at this level to change the bearish momentum. MACD shows divergence on the 240 chart, and RSI shows an oversold signal on the daily. I'll consider this position with a TP level at the daily 50EMA, 38.2% fib level.
Long
by swiperfx
Bears take over. AUD/USD has been riding this channel for a while now. Strong resistance at 0.77157. Over the last couple of day's we have seen the market turn bearish once more, we should see it hit the predicted targets above. If on Monday it does suddenly turn bullish we should see a reversal fairly soon. Keep a close eye on the economic news this week. The most important one takes place on Friday at 12:30 "GMT- USD Change in Non-farm Payrolls (MAR)." Previous being 313k and this meeting predicting only 198k should take a bearish impact on the USD. Happy Easter and trading guys.
Short
by connor17