Don't be so sure for SELL - USDJPYThis is price level where USD can stay and grow up from this support.
So be careful about your SELL position. Because you can see how strong resistance level it was Before.
My best recommendation is to wait, don't sell now.
Strong support for USD
Time for Correction
TIME
BCHUSD Support will be penetratedAs you can see I'v already spotted the resistance area on chart.
Don't be fooled by indicators.
Now The gann square is here.
5d 10d measure time.
1/2 is from my silly use of gann line. IDK what it is so it's a mysterious spot.
Seems it just a cycle. Then we should know that The gann angle is a measure tool ;-)
It's must not be the resistance speed line. The speed line is just divide price by some ratio.
But gann square is called the time & price calculator.
I'm still not sure what 1:1 line means and how to correctly put it.
Nose of plane has ended it's descend. Consistent altitude now.Our pilot was able to end Bitcoin's rapid descent into oblivion. She has leveled out now. Altitude is consistently stable. About to ascend once again. This time more feasibly doable. Steady now girl. Steady.
Thanks to all who remained aboard and have help our pilot right this plane. Now enjoy your ride. It won't be fast. It may not be exciting. But we'll get there eventually. Safe and sound.
Happy holding my crypto friends.
Great time to buy Hydro before reaching its ATHJust sold my house and will sell my 350000 hydro when it reaches 10 dollars. My wife left me.
Mesin Waktu Bitcoin. Apakah sejarah akan terulang kembali ?Berdasarkan Grafik yang kita lihat, Bitcoin telah keluar dari Symmetrical Triangle, namun harga tidak mengalami perubahan signifikan.
Jadi, saya mencoba menggunakan mesin waktu untuk melihat pergerakan harga di tahun 2015, persisnya pada saat ini Bitcoin berhasil keluar dari Symmetrical Triangle.
Hasil nya adalah sebagai berikut :
Tahun 2015
Di tahun 2015, setelah Bitcoin keluar dari Symmetrical Triangle nya, harga bergerak Sideways selama beberapa pekan, baru kemudian harga perlahan – lahan mengalami kenaikan.
Jika kita menggunakan pattern waktu dari th 2015 untuk digunakan pada masa sekarang, maka Bitcoin baru akan mengalami kenaikan pada tanggal 20-25 NOVEMBER 2018 . Secara fundamental, hal tersebut masuk akal karena pada bulan Desember 2018, Bitcoin Bakkt akan dilaunching. Selain itu, akan ada pengumuman dari SEC terkait beberapa proposal Bitcoin ETF. Terlepas dari apapun keputusan SEC, sebelum memasuki bulan Desember 2018, harga diperkirakan akan mengalami fase akumulasi.
Resistance saat ini : 6800
Support saat ini : 6000
Apabila harga ternyata bergerak melewati Resistance / Support sebelum November, maka analisa ini menjadi tidak lagi berlaku.
RDD ReddCoin to BTC AnalysisI beleive a breakout at the end of 2019 is likely due to the macro energy buildup behind ReddCoin, represented by the two sine lines and the horizontal fibonaccis.
Disclaimers, not intended to be financial advise.
I am not holding any ReddCoin at this time, but I am considering entering in the upcoming months if the chart starts to show signs of a bullish reversal or uptrend.
Biffy
Bitcoin Action TimeSince the beginning of March, Bitcoin has formed a descending triangle pattern, where each new wave down becomes smaller and takes longer.
Lets have a closer look;
FIRST WAVE: Lasted 30 Days ≈ 45% Lost
SECOND WAVE: Lasted 50 Days ≈ 40% Lost
THIRD WAVE: Still ongoing - foretasted length is 70 Days ≈ 30% Lost
The forecasted length has been calculated with the Fibonacci Time Zone indicator, applied through the high and low of the past two waves down. Cycle 3 and 8 indicate on the timeframe between the 2nd and 7th of October, which could be the end of the current cycle.
If that is the case, some strong price action to be expected in the beginning of October 2018. Of course the outcome is not clear, and that is why it is important to watch the Bitcoin price during that period of time. Break above the 200 Moving Average could be an indication of the trend reversal, but break below the key support at $6k might result in a further decline towards $5-4k area.
BTC in a giant rising wedge w/an apex close to 1 million in 2023 Decided to look at the overall trendlines for the entirety of BTC on bitstamp on the weekly log chart and it is very very encouraging. Although it is in a giant rising wedge which will eventually break down (most likely once the bubble finally bursts) The good news is we could climb to almost 1 million per bitcoin by 2023 before that happens....of course it could break down sooner than that like many rising wedges tend to do but if it holds out until the apex the dip it would fall to would be from 900k all the way down to the 6,000s which is where we are currently in price action. Also, this strong bottom support line which has held consistent since 2012 is fastly approaching our current price action which means we should soon go up from here and not have to worry about dipping down under the current level after December. Of course this is all my opinion not financial advice I could be wrong and the strong line of support could eventually be broken although an extremely low probability. We should also get back to our all time high range by no later than the end of 2019(possibly sooner) and continue to only go up exponentially from there if the support line holds true which the past has shown us time and time again it will.
ZRXBTC near a major pivot in time, Law of VibrationGann's LAw of Vibration chart for ZRXBTC
the center of this cycle is nearly complete, with prices near its major swing lows and within the 90-99 day Gann Cycle, prices have a high probability of reversing at this level, retracing at least 150% of the current value higher - a violent move higher.
EOSUSD, square of price and time in the Law of VibrationGann's Law of Vibration chart for EOS - there is an intersection of time and price (red horizontal and vertical lines) that creates a square of price and time. This zone is a POWERFUL rejection against the trend in force, the probability of a reversal at this zone is not only high, but the behavior of the reversal should be a violent move higher.
Silver's Two Market Cycles: Time & Price ObservationsWhy did I make this chart?
1. I'm beyond tired of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION.
2. Also tired of Twitter and YouTube shillers making money from people's hopes.
3. Lastly, I'm tired of people searching for something in the news to explain the price rise or decline. Here's some news for you: A MARKET CYCLE DOESN'T GIVE A FUNK WHAT IS IN THE NEWS.
I hope this chart presents the facts clearly. If you see any mistakes or anything interesting you wish to discuss, fire away.
Thanks for viewing.
BTC Time and Price Analysis
In this analysis I will go in the order of long-short term charting and try to explain in depth as simple and short as I can, feel free to comment below , Enjoy.
So first off, what we have here is a WXY correction(Double three combination correction)e.g
www.elliottwave.net
And we currently have an ending diagonal triangle forming as of now e.g
www.futuresmag.com
Now we proceed to our price targets of the year , we now find the possible fib retracement targets Btc has for 2018 with the use of trend based Fib Taking the highs of 19k, lows of 6k , and the retracement up to 10k to find our possible last target for wave Y, which lies at the 0.5 retracement of around 4900
We then use the highs of wave b, lows of wave c, and highs of wave d to calculate possible fib retracements for our final wave E which lies at the likely target of 5160,
Hence my recommended buy zone is from 4900-5160 for long term hold.
Time analysis
We now dive into time analysis where we take the swing high of wave b, swing low of c , and swing high of d to find the time approximate for wave E, a minimum target of 1:1-1.618(common retracement) is given in this chart which is from around September 13 to October 13. The 1.618 time retracement coincidentally meets with not only the trend line that led me to the assumption of retracement of 4900 but also meets with the 1.618 time retracement area.
Hence in a nutshell my targets for lows of this year are anywhere from 4900-5100 area and i believe it will happen around October periods
Hope it helped you !! Happy trading.
DISCLAIMER:I am not a financial advisor and these are just my own personal opinions to give you more exposure to your last decision on whether to short or long Thank you .
Approaching Monthly support for EURUSDHere you see we are coming out of a zone of consolidation after failing to stay above the 50% retracement of weekly levels, have a H&S pattern on the weekly as well, 4H, D, W MA'S crossover for bearish sentiment and acting as resistance on 4H as we approach this monthly support. I am looking for a retest of the blue zone for a clean entry with a great risk to reward ratio reaching just before the monthly support, I believe this will be broken because of how structure looks on the monthly and weekly. Multiple time frame analysis shows bearish sentiment. Lets see if this plays out.
TimebenderSo far it's kind matching reversal points in the daily, but since ive never used it, all of this seems kind arbitrary. Let's revisit this in a year just for fun. Never really used this, why not play with it a bit.
Make your bets gentlemen:
- Meme chart is a meme and fails on the next supposed reversal time period
-Timebender chart is real, people can travel through time.
Intermediate Trading Strategy - Part 1IMPORTANT NOTE: If you are looking for a shortcut then this is not for you! This is for individuals who are enthusiastic about putting in the time and effort but may lack the structure.
I plan out my trades through in depth technical analysis, risk management and market research. I believe that consistency is the most important factor in regards to trading profitably. A traders success is determined more by the consistency of their approach than it is by the quantity or quality of indicators being used.
Over the long run, a consistent process combined with a sound strategy will net a disciplined trader far greater returns than the market average.
If you have any questions then feel free to leave a comment or send a private message.
Click here for Sawcruhteez’ Trading Process
Before Making an Entry
Identify Trend
Higher highs and higher lows = bull market
Lower highs and lower lows = bear market
Lower highs and higher lows = triangle continuation pattern
Equal highs and equal lows = Consolidation/Range
Tyler Jenks’ Consensio
Price > Short term MA > Long term MA = Bull Market
-I like to use the 50 & 128 day MA’s by default for crypto. For traditional markets I use the 200 MA.
-For short term price movements (1 month or less) I like to use exponential moving averages. 12 & 26 EMA for crypto and for traditional markets the 9 & 21 EMA.
Welles Wilder’s ADX
If ADX > 25 then trending market
If ADX < 20 then no trend is present
If +DI > -DI then bull trend
If -DI < +DI then bear trend
In extreme circumstances I will bet against the trend. This will only happen when the risk:reward is too favorable to pass up.
Identify Time Horizon
Investment
Is this a 10+ year investment? If so then I will dollar cost average my way in and not even look at the charts or listen to the news. Investments are not meant to be babysat, they are meant to develop over time.
Bet it then forget it!
Position Trade
Buy/sell breakouts and attempt to hold on for the duration of the trend. This is done through technical analysis and trailing stop losses. If I am in a position trade I will tend to it daily by looking at charts and managing stop losses. It is not required to ‘baby-sit’ the position by watching it all day and this approach is actively discouraged.
Position traders do not concern themselves with intraday movements. Managing the position too closely will often cause traders to make mistakes they wouldn’t have otherwise such as: taking profit too early or adjusting stop losses in the heat of the moment.
This is my prefered method of trading for a number of reasons. Primarily it is because I like to live a balanced life. I like to be able to set my stop loss and forget about it while I am out playing golf, skiing or at the gym.
Time horizon for a position trade is often a couple months or even a year+
Swing Trade
“Markets do not go straight up, nor do they go straight down.” There is an ebb and a flow to the price movements. Swing traders try to capitalize on the daily - weekly price movements. Is price at resistance? Sell. Is price at support? Buy.
Swing traders have well defined price targets. They can trade within ranges or in trending markets but they generally do not hold through significant resistance in order to speculate on the price movement. If it does breakthrough resistance then they can re enter without as much risk.
Day trade
Mostly scalpers and high frequency robots. In traditional markets the price generally isn’t very volatile on an intra-day basis so most traders will use high leverage. This will allow them to 10X, 50X or even 100X a 1% price movement in the underlying asset.
In crypto the market is volatile enough for day traders to make a very handsome profit without using leverage. This approach is still the extremely risky.