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Varzar

XRPUSD Trading plan based on volume analysisBuyers have protected the zone of support XRPUSD 0.76 USD three times (1st arrow on the screen). They entered the zone of sellers at 0.84 on an increased volume, which they defended three times (2 on the screen). There appears to be no steady upward momentum yet. Therefore, if we want to confidently join the buyers with the first targets of 0.88 and 0.92 USD, we have to wait for a confident output on the volume from the area of 0.84-0.85 USD and Buy during the test of this zone from above (3rd arrow on the screenshot). Or, the other option is to wait for a rollback to the zone of buyers 0,80-0,81 USD and to buy there if there are signs of a price stop (4th arrow on the screenshot). However, if sellers will prevail in the zone 0,80-0,81 USD, which we will see by volume, we have a backup plan to short breakout 0,76 USD during rollback with the target of 0.70 USD (5th on the screen) www.tradingview.com
BITSTAMP:XRPUSD
by VARZAR_INVESTMENT
ETHUSD Trading plan based on volume analysis ETHUSD tested an important support from the top at 600 USD twice (1st arrow on the screenshot). At the same time, increased volumes indicate a serious intention of buyers, since they have invested so much money in stopping price. Intentions of buyers are confirmed by the output on the increased volume from the resistance zone 640 USD, and then 650 USD (2nd arrow on the screenshot). We see two options. The first is to join the buyers. The first reliable one is to wait for the breakout at 670 USD and enter Buy at rollback (3rd arrow on the screen). The first target in this option will be 740-750 USD. The second one is to see the behavior of the price during the test at 630-640 USD and buy if there are signs of a stop of a price (4th arrow on the screen). However, if sellers will prevail in the zone 630-640 USD and especially at 615 USD, which we will see by volume, we have a backup plan to join the sellers. The fifth arrow on the screenshot indicates breakout at 600 USD on top and short on rollback with the goal of 540USD.
BITSTAMP:ETHUSD
by VARZAR_INVESTMENT
Today's Trading Plan: LTCUSD (Litecoin)Litecoin jumped up sharply from the $ 143 level yesterday. Unfortunately, this growth was weak. Priority of the day: buying LTCUSD with a target of $168. The Elliott Wave Oscillator shows a value below zero. The Litecoin correction proceeds. Projected scenarios: 1. The rate of Litecoin surely will go up to our goal. 2. In view of the weak upward movement yesterday, today the scenario of LTCUSD price narrowing into the triangle is possible. But it will need a couple of days to unfold. The output of the Litecoin price from the triangle is expected on the weekend. We plan to buy LTCUSD from the zone of $ 143 - $ 140. Alternative scenario: Selling Litecoin today is not recommended. For sales of LTCUSD you need to wait for the initiative from the sellers. The sales area of Litecoin is below $138.
BITSTAMP:LTCUSD
by VARZAR_INVESTMENT
Today's Trading Plan: BCHUSD (Bitcoin Cash)Bitcoin Cash grows in price. To be honest the growth is very weak. The narrowing of the BCH's rate into the triangle shape is possible. Priority of the day: buying BCHUSD with a target of $16000. The Elliott Wave Oscillator shows a value above zero. The indicator divergence is possible by the end of the day, which signals a downward correction. Projected scenarios: 1. The growth rate of BCHUSD to $ 16000 will be slow and confident, per usual. 2. Compression of the Bitcoin Cash rate into a triangle. Of course, it will take a couple of days to form the triangle. We forecast exit from it up to our goal at the weekend. Alternative scenario: The worst option for us is the continuation of the flat movement of Bitcoin Cash all day. We aren’t considering sales of Bitcoin Cash today. The upward momentum from buyers has not yet ended. The sales area for us is at the level of $1100.
BITSTAMP:BCHUSD
by VARZAR_INVESTMENT
2
BTCUSD Trading plan based on volume analysisBTCUSD yesterday tested the support zone at 8650 USD twice (1st arrow on the screenshot) and on higher volumes came out of resistance at 8950 USD (2nd arrow on the screenshot) - the classic beginning of the trend. Further bitcoin also on increased volumes broke the resistance at 9200USD (3rd arrow on the screenshot). Good areas for purchases are as follows: 9000-9080 USD and 8900-8950 USD with the first target of 9500 USD and then go even higher to 10000 USD. However, this plan is too obvious for everyone and can be a bear trap. Therefore, we have a backup plan: a breakthrough from above 8800-8900 USD, going down to 8500 (4th arrow on the screenshot).
BITSTAMP:BTCUSD
by VARZAR_INVESTMENT
Today's Trading Plan: LTCUSD (Litecoin)Litecoin closed in the red zone yesterday. One day of falling of LTC has disrupted two days of growth. This is called "Absorption". Litecoin looks the most dangerous for our purchases today. Priority of the day: buying LTCUSD with a target of $ 153. The Elliott Wave Oscillator shows a value below zero. The beginning of the correction may be the beginning of the turn down of Litecoin’s course after such a sharp "Absorption". Projected scenarios: 1. Purchase of Litecoin is still workable from the area for purchases: $ 143 - $ 140 with a target of $ 153. We will wait for confirmation of the presence of buyers above this zone and will enter the market on Buy LTCUSD. 2. If sellers succeed in dropping the LTCUSD rate below $ 140 today, then we will expect sales tomorrow below $ 138. Alternative scenario: The flat may interfere with our plan to buy Litecoin. Usually, after such strong impulse movements, LTCUSD consolidates either in the wide flat or in the figure "Triangle". We are going to look for sales of Litecoin only below $ 138.Sales of Litecoin will be searched only below $ 138.
BITSTAMP:LTCUSD
by VARZAR_INVESTMENT
Today's Trading Plan: BCHUSD (Bitcoin Cash)Bitcoin Cash closed in the red zone yesterday. This is a bad sign for our purchases. Priority of the day: buying BCHUSD with a target of $ 1456.43. The Elliott Wave Oscillator indicator shows a value below zero. Correction continues and can lead to reversal. Projected scenarios: 1. The BCH rate is compressing. Today, it can go either way: the fall of Bitcoin Cash to the lower boundary of the purchase zone $ 1185 or a sharp way up. Since our priority is trend work, we will look for buying opportunities near the $ 1185 level. It's dangerous to enter the breakdown at $ 1370. 2. The risky, but very workable option is to sell BCHUSD now on the market with a target of $ 1185. Alternative scenario: The worst option for us is the continuation of the flat movement of Bitcoin Cash all day. The sales area for us is still at the level of $ 1100. If BCH will fall for a couple of days, then we will be able to see opportunities to sell it by the end of the week.
BITSTAMP:BCHUSD
by VARZAR_INVESTMENT
ETHUSD technical analysis of prices by volumeThe bulls didn’t let the price to go below 600 twice (point 1 on the screenshot), and actually spent a lot of money, expressed in increased volumes on the chart. However, we know that bears also have money. Sales of 500 ETH went through at 23:11 GMT, from 50 to 120 large single orders at 647 USD under one minute (point 2 on the screenshot). We will see soon whether 100 points will be enough for the bears to re-enter ETH at 600 USD. The breakthrough of the level 640-650 will answer positively to this question. The breakthrough of 600 with a target of 530-540 will answer the question negatively.
BITSTAMP:ETHUSD
by VARZAR_INVESTMENT
Today's Trading Plan: BTCUSD (Bitcoin)Bitcoin today entered a zone of wide volatility. You can tell by the fact how sharply it fell in price from $ 9,750 to $ 8,660. Such a strong impulse downwards opens us today opportunities for both buying and selling BTCUSD. Priority of the day: buying BTCUSD with a target of $9200. Projected scenarios: 1. We are going to buy Bitcoin from the zone for purchases: $8,600 - $ 8,400. 2. If there is a strong resistance near the level of $9000, we consider sales up to the purchase zone of $8600. Alternative scenario: Bitcoin constantly narrows from the zone of wide volatility into the figure "Triangle". Therefore, we have today the risk of entering into a deal and achieving none of the goals for the day. It means that flat is possible.
BITSTAMP:BTCUSD
by VARZAR_INVESTMENT
ETH trading planSell during the rollback. Decoding of the numbers is in the addition. Explanation of the data on the Screenshot. 1. Accumulation of sellers at 700 USD 2. Output on the volume from the accumulation 3. Breakdown test 4. Placing of three orders for 200 ETH each by buyer didn't stop the price drop to 640 USD 5. The test below 640 USD is held by sellers. The sell signal had a breakdown on the volume of 600 USD. Short is on the rollback with a target of 530-540 USD, important support and 50% price movement up.
BITSTAMP:ETHUSD
by VARZAR_INVESTMENT
Today's Trading Plan: BCHUSD (Bitcoin Cash)After a prolonged growth, BCH began correction today. Priority of the day: buying BCHUSD with a target of $1440.5. The Elliott Wave Oscillator indicator shows a value below zero. This means that the BCH correction is deep. Projected scenarios: 1. We will wait for the end of the rollback of the Bitcoin Cash price to the purchase zone: $1255 - $1134. After a pause and the emergence of the initiative of buyers in this zone, we will look for an entry point near the level of $1226. 2. A more prolonged BCH correction may interfere with our plan. If the price of Bitcoin Cash confidently passes the zone of purchases from the top down, we will not enter buying. Alternative scenario: Sales will only be considered tomorrow if the close price of Bitcoin Cash will be in the red zone today.
BITSTAMP:BCHUSD
by VARZAR_INVESTMENT
1
Today's Trading Plan: LTCUSD (Litecoin)Today, Litecoin is in correction together with Bitcoin. Priority of the day: buying LTCUSD with a target of $168. The Elliott Wave Oscillator shows a value below zero. The indicator histograms did not go deep into the red zone of sales. This means that the correction is not over. Projected scenarios: 1. For buy LTCUSD positions we are interested in all prices in the shopping area: $153 - $143. It is better to wait for the reaction of Litecoin price near the level of $143, which is 0.618% Fibonacci retracement level. 2. In the case of strong pressure of sellers near the lower border of our by-pass zone, we will not buy LTCUSD today. Alternative scenario: Sales will only be considered tomorrow if the close price of Litecoin will be in the red zone today.
BITSTAMP:LTCUSD
by VARZAR_INVESTMENT