NPXS - Geometrical TAThese are important support and resistance angles. If I wanna talk more advanced I should say these are the levels of momentum.
You can buy it after breaking the 11 resistance.
TA
$XRPUSD - Bullish pattern developingI'm no EW expert so don't hit too hard.
This might just be what tons of other TA analysts see, but that's my view.
We might need to wait for another week to get a confirmation.
But, ultimately, $XRP will grow, now or later, that's just a matter of time and tons of patience.
I'll try to refresh this idea every day if possible.
Feel free to comment or add any other info/view to this analysis !
One Year Chart On My Previous Head and Shoulders PatternI have updated this chart slightly with some potential targets/resistance.
Most importantly I have zoomed out.
I added a fib retracement after my manual resistance lines.
Lots of room for it to still go up.
Bitcoin Weekly Technical AnalysisTD Sequential Indicator is on a green nine, which is a sell signal, predicting one to four weeks of downside before the the continuation of the trend. The bearish signal comes after bitcoin reached the setup trendline at around $9,000 and found strong rejection around this area. The current candle is preceded by a reversal candlestick, which adds credibility to a possible retrace.
BAT ETH Looks As Though It Is Time For Another PumpBAT has been doing well vs ETH since about June of 2018
It has risen up three peaks, each one larger than the rest, and I believe a fourth peak will come.
It has just dipped down to the 200 day MA, and each time it has done this in the recent past it has soon began to go up.
The change in trend is not yet confirmed however a break above 0.00151 ETH should be considered bullish.
Buy 0.00151 ETH
Targets Medium 0.00289 ETH
Medium/Long 0.004 ETH
BTC Targets & PlaysHere's what I'm seeing. I think the most likely case is a run to 9200 followed by a 1-2 month correction..
Or.. We correct sooner to the level of 6100 for a period of consolidation.
Please share your thoughts.
Thanks for stopping by,
No_L
DISCLAIMER:
The information provided is not to be considered as a recommendation to buy certain assets or currencies and is provided solely as an educational and information resource -2.26% -0.13% to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. I shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained or ideas that I've shared.
BITCOIN - KISS ME!Nothing matters except this: Keep It Simple, Stupid . All that complex analysis you've been reading day after day? Useless. Since Bitcoin bottomed, it has formed two simple buying setups. If you bought on each breakout, you've got huge profits. I signaled the second breakout for you, before it happened (as shown below).
Follow me for more no-nonsense, profit-making analysis. And for a complete guide to my trading strategy, buy my new book The Crypto Trader (details below).
If you want to look clever, read complicated indicator-filled charts. If you want to make money, just KISS.
MY BITCOIN BUY IS IN PROFIT! I hope you followed my signalCONGRATS if you bought BTC at my entry point! If you didn't, well there will always be more opportunities, and I'll alert you to them in advance. When I posted this idea, I was hoping for a nice clean breakout.
But of course what actually took place was a rather hesitant, uncertain breakout. I actually decided to buy BTCUSD in between the blue line and the pink line, as the initial breakout felt strong enough to be worth getting into a little bit early.
Within 24 hours, the breakout was reversing way below the blue line and I sold out quickly. But I was ready for a second attempt, again in between the blue and pink lines. I'm now well into profit, but the slow, hesitant nature of this breakout worries me. I will not allow it too much room to breathe and will exit if the price falls much below 5900 again.
As I said in my original post, the broadening triangle pattern is not a particularly reliable breakout pattern. Horizontal lines are usually more reliable than sloping ones, and triangles that widen instead of shrinking are generally less reliable too. These are some of the reasons why I'm keeping my stop-loss level nice and tight.
BITCOIN - I'll BUY above this lineMy buy orders are in!
I will use a tight stop-loss. Here's why.
Bitcoin is rising in a broadening triangle pattern. This is very unusual in any market, and does not give you a strong indication about which direction the price will choose, but it is still a regular repeating pattern, which gives us a good chance of getting a decent breakout on the upside or the downside of BTCUSD.
I'm not interested in the bearish side of BTC at the moment, but I am willing to buy Bitcoin on an upside breakout. The pink line is about the right distance away from the blue breakout line 1) to ensure we don't get sucked into too many false breakouts, but 2) to still give us decent profit potential. It's the GOLDILOCKS line - neither too hot nor too cold.
My stop-loss will be tight (close to my buy point) because this is not a particularly convincing pattern - it has no horizontal line and horizontal lines are generally a lot more reliable.
As with any trading possibility, if it works then great! (next stop - moon, lambo, or whatever), if it doesn't work I'll be out with a small profit or small loss. No problem.
Ichimoku 0 buy signals SHORT. LONG and get rekt.ichimoku literally 0 buy signals
1) Lagging span is below the price - NO BUY SIGNAL
2) NO TK crossover. so no trend change.
3) Getting near the thick big cloud. which will probably reject it hardcore.
Price still trading below the cloud and the future cloud is still massive RED.
Ichimoku weekly says DO NOT BUY YET. of course don't buy while piece of shit bitfinex tether keeps pumping the price with 400 dollars premium.
Every tom dick and harry calling end of bearmarket while the basic TA suggests we are still in bear territory. you dont see that big red massive cloud above the price? yea, wait until price is above the cloud and future cloud is turning green. then scream END OF BEARMARKET JUMP IN MOON LAMBO MOON.
Also notice the volume declining while price moving up. near the MASSIVE resistance of 5800 - 6000.
remember ladies, you dont long resistance and you dont short support.
Bitcoin at an important decision point in a confused marketHello traders!
Bitcoin has seen a significant drop yesterday with the Tether FUD articles emerging. We have now found ourselves in an interesting territory where Bitcoin has fallen to its 21 day EMA and is trying to find support. The altcoins have'nt shown the strength needed for a move upwards just yet and most of them have fallen below their 21 weekly EMA, which is one of the most important long term trendlines.
If the support at 5000$ is broken for Bitcoin, we could expect further movement to the downside with our next target at Bitcoin's 21 weekly EMA, which currently stands at around 4600$. The ongoing rally of the last few months is the first one to have reached (and went above) the mentioned average in quite some time. So far we have been rejected at the 21 weekly six times throughout this bear market. Finding support on that trendline would be crucial to resume bullish movement and perhaps increase the chance of the bear market being over.
If we, however, break that important support, we could be looking at another strong move to the downside with potential new lows in this bear market. For the bullish scenario, we would need to either find support at the level we are at currently or at the 21 weekly EMA of Bitcoin. By finding support I am not only referring to those trendlines holding, we would need to see buyers stepping in and showing interest by increasing the buy volume and consequently creating a strong bounce at the mentioned levels. If we do in fact see that happening, we would firstly aim for a double top at around 5600$ on Bitcoin and further movement to the resistance zone between 5800 and 6500$. Only by breaking those levels and holding the price above them would significantly increase the chance of the bear market being over.
When looking at the weekly Stochastic RSI, we can notice that it has been in the overbought territory for quite some time now. Although there is no certainty that overbought RSI levels mean the prices need to drop, however it is something I am keeping my eye on and is telling me long positions present a high risk setup.
Another important thing I have noticed in the charts is that we have fallen below an upwards sloping support trendline on the daily RSI which has been our support ever since the start of the rally in December (as shown in my chart).
I have 2 short term scenarios in mind.
1. Green arrow -> we find support at the 21 day EMA and continue our rally (less likely)
2. Red arrow -> the support at 5000$ is taken out and we aim for the 21 weekly EMA at around 4600$ (more likely)
Be careful as the uncertainty in the market will catch many people off guard. I wish you all a lot of success trading and if you liked the analysis, please give it a thumbs up. I will be posting these often if I see interest.
Perfect Rejection Played Out ? What will happen now ?Hello Hoomans.
I'm making a part 2 of my TA because my previous call was perfectly on point, so i'm here to catch up with you guys.
As you can see on the daily charts both of the sticks got closed below the line showing a great resistance in the weekly and daily chart, and that was exactly wat i called on my previous TA (test of the 100MA weekly & 350 daily)
At this point i'm very confident it is topping out but i'm not leaving out any retests at this point, if bitcoin holds support at the 5350-5400 there is a big chance that may happen.
Please like & subscribe so i can keep making TA's & Positions
MY PREVIOUS CALL:
YETI - THE PATH TO GAINS! WAVE 3 INCOMINGI called the top on my previous YETI post on a 2.0 extension. Currently watching this count to initiate a wave 3 down. Overlayed EW theory and lines up nice with the IPO share unlocking. Look for one more roll upwards to finish sub-wave 5 of wave 2.
Potential for 50% drop on wave 3 alone. Purchasing mid/late May puts otm sometime next week if the wave 5 of 2 plays out.
LOOK TO SHORT AT $32.50-$33.31 OR IF $30.67 IS BROKEN.
ICX-BTC Double Bollinger Bands The Double Bollinger Bands on ICX-BTC pair are now in the neutral zone again. Pay close attention to the price action at the middle BB (blue line in the middle). We will update the post once we see where the trend is going and provide you with a RRR setup. At this moment we are neutral and are waiting for price action on the BTC pair, however if BTC makes a move we will be waiting even longer to figure out where this is going.
A close below the middle BB will suggest that the downtrend is likely to continue. A strong close above the middle BB tells us that we are likely going to reverse the trend or at least touch the 1st or 2nd upper zone of the BB.
Extra info:
Green zone = bullish trend
Blue zone = neutral trend (break up or down this zone might indicate reversal)
Red zone = bearish trend
To be updated!!!