ZECUSDT/ZECUSD ZEC has broken out of it 27day downward channel!If you look yestday it broke out of the downward channel. It has come down and is attempting to use the former resistence line from the top of the channel. If it holds as support we could be starting mid term upward trend. As it has been in the a short-term upward trend for about 10 days, but now that we have broken out of that channel we still have many resistences to break such as one we have been below since Mays high and another since the high in January. We also have a current upward trendline if it breaks I am going to take profits. This is purely for education purposes for you and are my opinions this is not to be taken as trading advice.
Uptrending
ADA/BTC - Cardano on the run !My 4 H chart says to me that Cardano may try to recover some ground ! Check it out ! The 13 MA is pointing up making me to believe its on its way to the first resistance level at 1888. If we pass 1888 we just need a hop above 1907 and then we brake the downtrend. What do you guys think about my logic ?
EOS, Buy the Red, Sell the GreedEOS is nearing the 276 day uptrend which has held very strong and bounced off aggressively.
We are also nearing a previous daily close meeting the trendline which is high confluence
with oversold RSI conditions and volume squeeze.
Leverage, 2x.
Entry: 977 - 1020
Targets:
1300
1630
1950
2350
Stop Loss: Close Below 830
Risk:Reward = 14.5% : 34/69/103/144%
Catalyst: Decentralized Exchange (2018/12/31)
We are excited to announce EOSfinex - a high-performance, decentralized exchange to be built on EOS.IO
Zoom out to see the full view. Dark Blue lines = Weekly swing highs/low. Light Blue lines = Daily swing highs/lows
Finishing the 3rd Impulse Wave, now need a retraceWell that 3rd wave went up a bit higher and a lot faster than I expected. The bulls broke hard through the long term downtrend pink line. Now they need some good consolidation and retrace on the 4th wave to garner more support to get ready for the 5th wave.
Ideally, the 4th wave retrace will drop back to the 6800-6900 level which should prove to be a good level of support now. Then the 5th wave will be free to move up to the 7800 level by Mid August.
You can see I've then forecasted the abc correction wave back to the 6400-6600 level. This would be a really healthy sign representing a .618 fib level retracement by early September. Then we could begin another bull impulse wave through the previous resistance level of 7800 and go all the way up to 9200 level by October.
Any other bullish EW folks have the same ideas?
Have a great day!
OMG another leg up sooner than laterOmiseGo is soft touching an ascending trend line, is in the pitchfork mid area, the only thing it needs is to cross above EMAs 10-26-55 and close the candle above them in the daily Chart. It's growth has been a sustainable one so I don't see other reason than a bitcoin price action reason not to have a healthy growth in the short-mid term for OMG. Modest Target should be the average line of the pitchfork in the mid run, that's over 300k sats.
It also needs a lot of more volume and buying pressure to sustain the uptrend, but this is not outta ordinary situation in the actual market panorama.
Can it go lower? yes, everything can turned out different in the next 12 hrs, at 6hrs chart it has support by Ichimoku cloud so the odds it can bounce from that point are good.
$ADA #CARDANO THIS IS WHY I LOVE TRADING CARDANO!!!!Hello Lads and Ladies,
Today we are looking back into ADABTC one of my favourite coins to trade since almost 2 months now. It keeps the resistance and support lines very straight and respects them a lot. The price movement is also easy to predict if you are looking into this coin for a little while now. Previously we see ADABTC having a lot of price movement in the 3000 to 2850 channel. It left it once, went down to 2600, was wanting to go up, but somebody was selling 70btc worth of Cardamon at 2630, so we had a side movement for 2-3 days, from where it broke down again to 2400 immediately indicating that it is strongly oversold, especially when tracking the price hourly. From there it went up to 3000 as it was before having little stops at 2850. Then it made once again a movement from 3000 to 2850 to 3050 from where it came down to 2850 once again, as we see the chart right now.
Since we are sitting at 2850 right now ADABTC needs to decide what to do. Either it tests the 2600 again or repeats its 3000 cycle. However, with the before standing news it should make a bigger scale move soon.
The golden question is: Does ADABTC go down before it pumps again OR will it hover in its previous channel and then make a bigger move?
I personally tend to believe that it will test the 2600 shortly again before the pump, just to pick up a better momentum. Although I would disagree with seeing it testing 2400 again. Here I would divide the probabilities in 85% and 15%. Everything around near 2600 is a good price to buy in, everything significantly below this line is a godly strong buy signal.
In case of the pump we would have a strong resistance line at around 3100. Should we surpass this line, the next big stop will be at 3500 which also happens to be an overlaying double 61.8% fibs line.I very strongly believe that after reaching this one we will have a retracement back to the previous resistance line at 3100 which would act as a support line now. Anyhow, from there on the doors would be open for the strongly appealing and pulling target of 4185. I will locate a bigger chunk of sell orders all between 4050 and 4150 looking very closely when reaching these lines.
Do not forget that there is always the small chance of around 0.5% that it will just RAGE QUIT, go completely opposite and retrace to the 1660 low of mid march!!!
Either you #hodl or swing trade it - your decision what you are more comfortable with but both is very easy here : )
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
ETHUSD Bouncing back Up?1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)?
Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight stop loss (Before traders we must be risk managers :))
If we don't reach our entry point, then no trade.
Trade management and execution:
I would take 1/4 of my position at each Take profit point.
If after reaching T2, price come back to entry point, I would close the remaining position at the entry point.
MT Alberto
XVG HIGHER LOWShave the sellers been flushed out yet?
still set up for higher low.
uptrend looking solid.
XRPBTC Bitcoin is going down, but Ripple has an uptrendDespite bitcoin going down and other alts following it, ripple seems to slightly go up.
Resistance around 88k, I wonder what's next.
Right now, as other alts are going down, ripple looks like a good alt to use to accumulate more BTC, but of course it's a risky thing.
I'd personally buy when RSI is undersold and sell when it's close to the resistance, all of this just right now, not when it goes close to the apex (when the uptrend trend line crosses the resistance).
I'm no financial advisor, just an idea/personal opinion.
ETH Coming Resistance and New highsETHEUR with current momentum is going to reach the next resistance soon. RSI at 1D chart is at 50.87 which is a sign of uptrend. Bears are trying to push the market down but the bulls are more active this weekend keeping the positive trend up. Most probably, within next week, ETH is going to touch the next resistance at 38.2% Fib which is arround 845ish Euro area and with this velocity we could have next high peak in 1D chart within a month time frame.
Your comments are highly appreciated.
EIDOO up trending Hi everyone,
Recent movement of Eidoo 116M $ to 133M $ Market cap. is also another indicator that this Ethereum token is on the rise which give us a good opportunity to make a profit.
First target is 0.0005-0.0005050, Ill keep you guys updated if I sense the next target.
"Eidoo is a blockchain-to-human interface simplifying the interaction between the blockchain and its users."
For those who are interested in knowing more about Eidoo please check out their website eidoo.io
This is my first post, I hope it is useful for you.
I am currently trying different methods and haven't settled on a specific format yet so please let me know what you guys think about this analyse on the comment section below.
GBP/USD LONG, UPTREND CHANNELOANDA:GBPUSD has been in an uptrend channel for quite a while and currently is leaving the bottom of the uprend channel line and leave from a weak support line.
GBP interest rates have been rising steadily which is to look out for buy opportunities.
Duration would take 1-2 months.
this is my first post so i hope i get feedback on how i could better share my ideas :P
STORJ-BTC Elliotts Wave uptrending POTENCIAL 150% SHORT-MID TERMAs you can see on chart, STORJ is now on the beginning of fifth wave of Elliotts.
Estimated target is about 0.00033 BTC
After its reached, it will fall back and start Elliotts correction waves.
Feel free to donate my if you are happy with my work, even small amoutns are very welcome :). Mine BTC adress:
1PzXczRuwX9zySKRz1Yhon2myDNDDxSNXP
ARKBTC pitchfork movement LONGTERMHello there!
Right now ARK is starting moving upward, to the top of green area in pitchfork. Candles are 4h, so you see its a LONG TERM investment.
Feel free to donate my if you are happy with my work, even small amoutns are very welcome :). Mine BTC adress:
1PzXczRuwX9zySKRz1Yhon2myDNDDxSNXP
XRP/USDT POLONIEX RIPPLE 42% growthimgur.com
Ripple should make his next downtrend to support zone third time in a row and it will come back exponentially to previous prices 0.265-0.27$).
There will be enough accumulation for big price spike in short time period.
* Price buy in range 0.1913 $-0.1979 $ right after coin reaches support level .
* Target over 0.26 $ (probably going over 0.27$ but not too far from that, 028% is mby little overextended.
* Return on investment 142-152 %(depeding how "far" will you go% when cashing out your position if bought under 0, 20 $)
* Time period 7 days
BCCBTC Uptrend Begins Bullish triangle break
Uptrend line holding
Momentum indicated by MACD histogram and cross of the faster moving average
Cross on the moving averages also signals change in trends.
Candle sticks showing Higher highs and lower highs.
$I Intelstat Bearish TrendNYSE:I
Expecting uptrend to continue to challenge previous neck resistance of 4.46. If it breaks resistance, look for positive uptrend to continue.
Patiently waiting for the long opportunityHi here! As we can see, FX:EURUSD have been on an uptrend since 29 june 2017. The higher heights and higher lows are clearly visible and represented with my green lines. On the daily timeframe, the general trend is upward (the red line). As per the basics, we should be only looking for long opportunities. For the moment, I can't find any suitable long opportunity, so I will wait for the price to reach the red trandline level. There, I'll be looking for my long opportunity
NUGT - Falling wedge formation Long from current price to $57.37NUGT seems forming a falling wedge & at this moment reversing from the bottom of the Wedge formation. Ideal scenario would waiting for a break out of the wedge however we would consider a speculative long here at this area. Possible options play and am looking at $30 September Calls on NUGT 3.55 , $40 December calls $3.60
* Trade Criteria *
Date First Found- July 10, 2017
Pattern/Why- Falling Wedge formation
Entry Target Criteria- from current price ($28)
Exit Target Criteria- $57.37
Stop Loss Criteria- $23.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)