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Technical-analysis

Bitcoin has not had this occur since Oct 7th, 2017 The daily chart for the Ichimoku system is one of my personal favorites to trade in any market - mainly due to it's powerful and early signals that can coincide with faster changes on the 4 and 8 hour charts. More importantly, the Ichimoku system is a genius and supremely effective tool at trend analysis - especially in regards to prior price behavior. As I was writing in my trading journal and wrote about the proximity of Bitcoin's price to the bottom of the daily cloud, I wondered when the last time we saw the Chikou Span and price both above the cloud to trigger a bullish breakout move. The answer? October 7th, 2017 What is equally interesting is the number of days. If we count the number of days from October 7th, 2018 (one-year anniversary of the prior daily breakout condition), we get 98-days. Gann wrote about the 90-day cycle being the most important one of the inner year. Of course he was writing about the number of days form an important high or low, but I've found that it is equally important from specific anniversary dates. He also wrote that after a powerful and sustained move, the 90-day cycle can go to 99-days. If, on that next day we see Bitcoin continue to maintain the 4000 value area, that would put price inside the Cloud and in a very ideal setup for a bullish move. There is also a massive amount of important, powerful and numerous astronomical data that has converged into a small timeframe. These are all bullish in nature and have been indicated by the black vertical lines. The names and dates of that data is below: Sun Conjunct Pluto – January 9th – January 13th Saturn Conjunct Sun – December 30th – January 4th Mars Conjunct Uranus – December 10th – December 17th (exact Dec 13th) New Moon - Jan 5th Moon Apogee - Jan 9th Pluto Aphelion – Jan 13th Saturn Aphelion – Jan 1st Sun Perihelion – Jan 2nd Solar Eclipse - January 5th Uranus Retrograde - ends January 6th
COINBASE:BTCUSDLong
by itsjustanalysis
5
Long Position For Bitcoin (BTC)Hello everyone, this is my long scenario for btc after the first wave hit the .618 region and completing an ABC correction pattern. We have very heavy support at the .618 region and if we do break that level this scenario will no longer be valid If however, we do break the previous high made this month we will likley hit a strong target of 5200ish at around the 1.618 extension level. This is a very good trade in terms of risk-reward.with an almost 4-1 RR setup. P.S After hitiing the 5200 Range there is two more places we could go Either in a accumulation phase or we could possibly go down to 2,000. I will post more about it when we reach my targets or if we break below 3450.
COINBASE:BTCUSDLong
by StevenRodas
NVIDIA SHORT IDEAHi guys ! I post my recent analysis for Nvidia and sharing with you my trading idea. My main view is short for Nvidia with first price target 120$ and then 109$ . My main corcern for Nvidia is the big slowdown at crypto market and as aftermath from big prices decline is lower demand for GPU powerfull systems ( which are sold for a high price). This demand decline signals lower margin profits for Nvidia and it will be seen from investors in 2019. As from technical analysis scope the indicators that I use ADX and Vortex Index signals short for Nvidia. Also my price targets are covered from Bollinger Bands at the monthly chart that i use. Hope you find my analysis usefull fro your trades. This is only an idea, so you must consider all the variables before a trade.
NASDAQ:NVDAShort
by OmenFinance
8
A record of proceedings: BTC and the 5-3K Drop.Bitcoin is dropping hard. I made this chart a wee while ago, but the call of a drop the completion of the H&S line is a pretty easy one at this point. ON THE OTHER HAND if BTC decides to make a (~$10.00) higher low on the hourly (highly doubtful) a pullback could be negotiated. It all depends on the ~8125 level. OOPS! Wait, nevermind. That's just broken as I'm typing... ... brb gonna short... Okay, I'm back. If I'm wrong, ya'll can flame me all you want. So, I remember some mention some time ago about a huge number of orders waiting for BTC at 2999. I remember looking at the volume pricing at that level and thinking "Holy fuck-shart that's a lot of orders." This was WAY back when BTC was at 10K and I thought "That's ridiculous! Bitcoin will NEVER drop below 10K again." And all those "h8erz" (@Goldbug1, Sean whathisface who'se nowhere to be seen now) all said it was going down. Which it didn't of course. It climbed up to 19.9K before they were ever proved right. But boy, were they ever right. Now Goldbug1 is saying buy, and he's still wrong, but he'll eventually be right, and it will moon so hard the FOMO will make people shit their pants harder than they ever shat when it went down to 6K again. I mean, I got in earlier than all that and I'm still shitting my pants. I'm just also wearing diapers. (That's a metaphor for having taken meager profit - enough to cover original investment.) But even scaling in is a risk and can feel terrifying when the bottom is infinite. (That's a metaphor for $0.00, or nothing. Hey! Nothing == Infinity. I just taught you philosophy. You're welcome. *mic drop) Anyway, if you lose it all, just remember; laughter, good friends, good food, good drinks, and blowjobs are what you're trying to buy with all that money, but you can get all those things for free with a little elbow grease. So HODL. Or short. Or whatever. Just don't walk away. It's like some asshole said once: "You gotta know when to hold 'em, know when to fold 'em, know when to walk away, know when to run." All the best, Hank
BITMEX:BTCUSD.PShort
by HanktheTank
CAD/JPY Bull expected for CAD news tomorrow. From an Elliot Wave perspective we previously had an impulse downwards and now we are in a possible wave 2 correction. We had a very bullish move where it would have been expected if a flat correction were to form. Now it looks like we will either have a Running or Expanded Flat with a big move up on the CAD (cpi) news tomorrow. I expect the Asian markets to correct this move and then the big move up at the news release. Good luck guys.
Long
by MoneyEngineer
LTCUSD Technical Analysis 4 hour - Buy opportunity approachingHi there. Current state: Out. Waiting to get in. Price action has been mostly lateral, although there are some signs the price may be moving up. Indicators/Charts analysis: RSI is in the oversold area still. This means there is room to go up. Stock RSI approaching overbought area. Watch out for this one since it is not confirming what the RSI is telling us so it could mean a break out, possibly in the down direction. Renko (0.74 brick) main trend is still down. Although like I said, price action has been lateral so no new red bricks have been forming. EMA 12, 26, 50 beginning to turn horizontal. Candle sticks are moving sideways. Awesome indicator shows bulls have more power than the bears at the moment and it is slowly moving towards 0. Price is moving below BB media. This suggests there is room to go up. RSI and Stoch RSI in renko are in the oversold area. This also suggests the possibility of a trend change. They have been there for several periods, so we have to watch out for an up move. Stop Loss: $43.78 - This is our possible entry point to the trade. I usually set it slightly above 2 renko bricks from the last red brick. Target: $46.49 (+6.1%) - Target was selected based on current volume profiles and Fib retractments (black ribbon in golden river - bottom right chart). We may adjust once we enter the trade and have a better feel for what the market behavior is. Remember we have to be extra patient with our wining trades. Alarms: Price crossing up $42.87. This is an early warning that we may be approaching our entry point for our trade. Conclusion: Hold. Keep an eye on the market as we may be entering the trade soon. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you like this, you can donate LTC to: LZKza6vBcBnkfaDMHYXXUd6ud8Jf87Lfm3 Any donations will help me keep posting analysis. Also, don't forget to share your comments! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.**
COINBASE:LTCUSD
by mariobenitez1618
LTCUSD Technical Analysis 4 hourWhat a ride! Trend is definitely down if you have not noticed ha! No confirmation on trend change yet. RSI and Stoch RSI both in oversold conditions. This does not mean that the down trend is done though. Keep this in mind. AO indicates bears are in control. Renko trend clearly down. Brick size 0.74. Need confirmation to enter. As I said before, need a couple of green bricks at least. This means at this moment the current target entry price is 45.14 (or slightly above that). I use a sliding stop loss as prices continue to move down. My stop loss is two bricks away from the last confirmed brick. So it is 45.23 . I typically don't use the exact renko size. You could consider using the Parabolic SAR to setup your stop loss which would currently set it up a little higher than that. As I said in my first published idea (see link below) I hope you got out in time. We still have to consider the possibility of further drops in prices. The last time we saw these prices was around July, 2017. Remember we don't care what the prices are. They are neither cheap nor expensive. We care to buy at the right time and sell at the right time to make USD. Also, we don't care to buy at the lowest price possible and sell at the lowest price possible. We want to ride most of the trend (80%). I can assure you this is sufficient to make some descent money. Disclaimer: This is just for educational purposes. This is not advise to be used in your trading. Make your own decisions, it is always better that way! If you like this, you can donate your LTC to: LZKza6vBcBnkfaDMHYXXUd6ud8Jf87Lfm3 Any donations will help me keep posting analysis.
COINBASE:LTCUSD
by mariobenitez1618