Wealth
Trading levels for 05/14/2018Hey guys, here you have the levels for trading Tuesday, we had no trades on Monday as we were looking to short R3 but price never came close to it, there were some opportunities to short R2 and R1 but we didn't get all the requirement to take the trade, moving forward we expect a little more weakness, we will be looking to sell the rallies. If you are a long term trader the Gartley pattern is still valid. PLAN YOUR TRADE AND TRADE YOUR PLAN.
K.R.S.
IOTA ZONES"Predicting" the price action of crytocurrencies is difficult to do in this young market. One of the techniques I have mastered is plotting my zones on where the price is going to go. Increasing my probablities of making profitable investments in the market. Also a piece of advice I would like to share is "to invest in cryptos that have long term sustainability" This allows you as the investor to illustrate equanimity, a calmness and stillness within your mind. Which is extremely important when investing. Non the less.... My IOTA technical analysis was drawn mid January, as you can see my two levels of strong support down below ( Red Rectangles) Were drawn using my fib retracement tool with my custom dimensions. The first level of support got hit down to the tee! I Am still bearish on iota, it will come down some more before a reversal. I can confidentally say this because of the downside divegence that is still occuring (This is using the MACD indicator.) The price will hit under a dollar before making its way for a massive surge to the upside. The IOTA foundation also has a lot of massive annoucements coming up within 2018.
NEW HIGH TARGET: 7$
Ripple is poised to explode to the upside!Here in this publised technical map up on xrp. You can see not only my ploting zones of where the price will go were strong support or resistance exists. The down side push is still currently supported by the EMA (set @ 8). More importantly!!! There is an upside divergence in tact. As you can see I have highlighted the divergence in the green circles. The price is heavily under the BLUE price reference line which ive drawn on the price chart and on the indicator (MACD) below. The MACD is a powerful indicator to use to identify reversals with STRONG momentum in the markets. When exactly the reversal will occur, there is no telling but it will be sooner than you think. Hare vs Tourtise, you must have patience to be in this industry. The patient investor with a longterm mindset wins every sinle time. ENJOY!!
NOTE: I use the XRPKRW pair because the Korean Market is a strong indicator of the price action on XRP. It has a bit of a headstart on the other pairs. XRPUSD XRPBTC XRPETH, Ive done some back testing and observations to testify to this being so.
Tron BOOM or BUST? I think BOOM :) Hi TradingView Family :)
Been quiet here since the market has been slow, which is a saving grace and allows me to focus on my personal life + business ventures. Here is my TA for TRX. NOTE: I am on a 1-2 months hold for this coin and I expect it to be my biggest payout in crypto yet.
We finally hit the middle point of the cup & handle that I see forming. We should see a more positive price action in the coming weeks to form the right hand side of the cup. My expectation to sell and profit off of this coin is in March. This will be my longest HODL to date. In the past I do not hold coins for more than a week. Since the market is quite and personal life has caught up to me, I am setting up my long-term positions for TRX.
#TRX has had some solid developments for the month of Jan. While their price action has not cleanly reflected its growth as a project, time will soon tell.
Currently the TRX team is recruiting and hiring key developers in the crypto space. Recent additions are from Alibaba, top tier financial institutions, and security developers. With a current team of 80 and goal of 100 by end of the year. They have also applied to open a San Francisco office which will be a big move to expanding into the USA markets and connecting with key start-up companies who would use and build off of the TRX ecosystem.
Current Partnerships:
Partnerships with Obike, Game.com, Baofeng, and an Aerospace company soon to be herald at the end of Jan. With more in the pipeline.
Things to look forward to:
Coinburn in March which will increase our holdings by a minimum of 20% ROI and with a massive influx of traders looking to profit off of the FOMO we should easily see a target of previous ATH @ 2000 satoshis.
Again a keynote. This is a 20-year long project. Yes, the whitepaper has had issues and the coin has undergone some FUD. All coins have, observe BTC, BCH, ETH, Tether (all had FUD) yet all continue to maintain a net positive price action + utilization growth from a year ago. We are still in the first inning of this coin + crypto as a whole so the overall view is positive. Even if people claim this is a shit-coin, its cheap price action will be a huge attraction to whales looking to pump markets.
As I have stated in the past with my Telegram group, Chinese companies love a great head start with a huge initial rise, a lul, then another massive growth increase.
NEO has had the very same exact price action stong ICO start and increase in price a huge drop and lul for 2-3 months and now to its most recent ATH in Jan. You can review my older NEO TA and be on the Look out for my upcoming NEO TA it has a short-term analysis + Long-term price expectations.
If we are looking for a more "real" world example, Alibaba Stock went from $120 (from IPO date) down to $45-50 range only to hit ATH in the $200's.
With Chinese companies all having similar price action, I can expect TRX to continue to move towards a possible growth.
Good luck with your trades & feel free to message me if you have any questions. If i don't happen to respond to you feel free to msg me again. I receive about 40-80 msgs per TA so it gets lost sometimes.
LTC Market Corrected. Where to go from here and how to make $$$Hi Everyone,
(I accidentally posted this under the BTC charts, here it is on LTC).
Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not exactly apples to apples (comparing LTC to BTC 0.55% charts). LTC is currently following BTC's movements.
I have already notified my telegram group of this trade early morning and have netted today's %'s. We have already seen Phase one complete this morning, and in the tail end of Phase Two. with LTC rising to $290. Sold...retraced to $240 and on the rise to $290. What we can expect is another retrace back to $250-260 area and a final movement upwards north of $300 resuming a 45 degree trajectory growth.
I have also included my BTC 0.55% chart that I dropped several hours ago which essentially states the similar theory.
Short Term Trades: Accumulate $250 and below sell at $300. Wait for Retrace, buy back in and hold for north of $300.
Long Term Trades: Anything closer to the low $200's is a great position to build and generate north of 100% ROI -0.23% in the next month or so, as LTC progresses to attach previous ATH -0.99% of $420 and the bigger goal of $500.
Good luck on all of your trades. I didnt explain this trade as much but feel free to PM/comment if you have any questions.
Merry Christmas & Happy New Year!
Regalia
Market Corrected. Where to go from here and how to make $$$Hi Everyone,
Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not exactly apples to apples (comparing LTC to BTC charts). LTC is currently following BTC's movements.
I have already notified my telegram group of this trade early morning and have netted today's %'s. We have already seen Phase one complete this morning, and in the tail end of Phase Two. with LTC rising to $290. Sold...retraced to $240 and on the rise to $290. What we can expect is another retrace back to $250-260 area and a final movement upwards north of $300 resuming a 45 degree trajectory growth.
I have also included my BTC chart that I dropped several hours ago which essentially states the similar theory.
Short Term Trades: Accumulate $250 and below sell at $300. Wait for Retrace, buy back in and hold for north of $300.
Long Term Trades: Anything closer to the low $200's is a great position to build and generate north of 100% ROI in the next month or so, as LTC progresses to attach previous ATH of $420 and the bigger goal of $500.
Good luck on all of your trades. I didnt explain this trade as much but feel free to PM/comment if you have any questions.
Merry Christmas & Happy New Year!
Regalia
Litecoin's $500 DecemberI have already stated LTC will hit $500 in December:
Also stated we are getting close to a major correction:
I feel as if we will hit the final wave and move upward before we start seeing a correction back towards $300 range. From there we can probably resume a normal 45 degree trajectory of growth We are at the cusp of a breakout and it will be exciting times for everyone involved. The recent corrections we have seen, when LTC first hit $100 and dropped to $78 and now, LTC hit $420 down to $250, are minor ones. We can expect one final big break and then we can resume a normal growth trend. Not calling a TOP because with crypto there isn't one. Its pure fomo and emotions.
Everytime we see a massive dip we see it being eaten alive and a fast and quick recovery. I can expect the same with the huge influx of investors and newbs in the market. I get phone calls on the daily in regards to crypto and it has getting to become a headache :P haha. Regardless more money to be made. Simple TA here, nothing fancy. Expect $400-550 soon, minor/major pull back depending on the market. Then we can go from there. I can expect bonuses and tax refunds pumping into crypto. We are still at infancy and LTC will go to $1000 Q1-Q2 2018.
Going to be fun times. Go ahead and accumalate in the mid to low $200s. Strong support at $300 on GDAX so you can intiate small position from there. We can expect movement in the next couple days. Historically, most of my TA's are effective 1-2 days prior :P
November - December Price Predictions: Half way to the moonSo the orange line is from my original TA's did not change anything. Readjusted the blue prediction path based on our current market price. Overall, lines up with my original analysis.
First of all ,this might be one of my weaker TA's. Very tired as of writing this with less than 4 hours of sleep. Brain dead. My last three TA's have thus far been fairly accurate and I am glad people in my group chats made $$$ and pocketed some nice change. I personally splurged out and bought my self some new pants from @bananarepublic, but hey they were 60% off, so... worth! Haven't hit that Lambo money yet.
Going to be difficult predicting the market movements as we are currently in a consolidation phase and formulating a support line between $64-68. Litecoin has been holding up fairly well considering BTC's decline of $600. We are seeing more independent movement between LTC and BTC, however, if a large BTC correction hits we can expect LTC to follow.
We have great news to look forward to from a technological advancement standpoint. We can see that Charlie Lee and the Litecoin Foundation making strides in development with lightning network, automatic swaps, etc. 2018 will be a very interesting year for this coin as more developers join the team and the FUD and FOMO of Bitcoin and its "forks" continue to progress.
NOWWW FOR WHAT YALLLSS BEEN WAITING FORR~~~~~~~~~~~~~
Current short-term analysis: Price will consolidate between $64-68. I do not expect a huge dip unless BTC undergoes another fork or some crazy shit happens, as it usually does in the crypto world. We are in a great position to go long. Resistance lines were so weak yesterday I thought we were going to bust towards $75. Sadly momentum died and we are sitting on low volume. Resistance levels are now up and the big boys are reassessing their strategy for Litecoin. It took us about 5 days to push from $59 to breaking $66. Expect the same timeframe for us to pop to $75. Yesterday was the largest momentum and buying volume i have seen in a long time. We will need the same level of momentum to propel us to $80 and beyond.
So as of now be patient with LTC breakout is imminent. You can enter 30% of your portfolio between $67-64 and potentially wait for more dips. Let's hope not. It would reverse everything we have been fighting for the past couple months. For Nov 17-20 it should be relatively quiet. BTC is down from $8,000 and we will slowly be consolidating.
$72 will be hit by next week with a possible touch of $75. You can leverage positions in high $60's then. I will update this TA on the daily for a more accurate prediction. As of now, my magic orb is a little foggy and i need some R&R.
Long-term analysis: Hold your money until $75,80,85,90. get rich. donate to someone else that is less fortunate, because you are blessed. Pass it forward
Litecoin November Price Predictions - Long/Short Term Goals Firstly, I would like to apologize if my chart is not to scale. This is the second chart I have ever drawn and a complete and utter noob at it. Anyone who is willing to teach me please DM I would greatly appreciate it. I would also like to say thank you to everyone who gave me a lot of support on my first TA on Tradeview...I never thought that it would hit that amount of views. I have gotten several DM's in regards to creating a group chat... let me know if LINE app or Telegram would work better... I have one on Whatsapp, but that is for my personal friends. I think there are more credible resources for trading...so any experienced traders who would like to join and teach please feel free to do so. I personally would like to learn more. If you want to go fast, go alone. If you want to go far you, go as a team.
Here is my analysis for November. I will be the first to say that I am 95% sure there will be a hiccup along the way. Who can ever predict SegWit2x being canceled and the Bitcoin Classic Dev's giving up on the project and Bitcoin Cash reigning as upcoming king!?! Anyways let's get to the goodies...
"LTC will hit $61 tonight and there will be a battle between the bears and the bulls." Came from yesterday's analysis and it hit! We can expect prices to teeter between $58-61.5 for the rest of 11/11. I also mentioned that expect dips to $58 which happened early this morning. This is the most challenging staging ground, formulating the launch pad up. Try to average out your costs when you are entering here. Personally, I was able to get in on the dip yesterday but as a sign of faith, I have also purchased coins at $60.8. Pennis won't kill you in the long run. I lost a lot of opportunities over nickles! Which cost me hundreds.
The sell wall at $62 will be our first challenge and I can see us hitting into $64 range by the end of the weekend. After this point, there will be a back and forth in price consolidation. As more funds cool from Bitcoin Cash upward run we can hopefully expect a more bullish sentiment towards $66, this will take a couple days. We have buyers sitting on the market between $58-54, they are slowly but surely moving up their limit price. Their buying power will translate to a bullish run once see some strong purchase volume and pressure which will help elevate the price, break barriers, and onward to our first target point of $66.
Long-term investor: If you aren't too picky about your buy-in range feel free to purchase sub $61 -55. Take profits at $70-75 in November. $80-90 hopefully by years end.
Short-term players: Buy in close to $60 or below. Hold through the small potential dips to $58. Sell @66 and follow the retrace back to $63-62. Buyback in and sell at $72-75. The issue why we aren't pushing the price through the roof is the plethora of sell walls that are keeping the margins tight on LTC. Once investors start believing in the long-term value of LTC the sell walls will move at higher price point.. it allows more flexibility and volatility to push up.
Timeframe: End of November.
Note: On Chart the blue lines show my predicted trading price range. Sorry its nt to scale!
I plan on continually updating on this analysis for the month of November. If you guys can help me keep it on the post popular page of LTC that would help me from creating too many charts and TA"s. I look forward to everyone's opinions and comments. I highly encourage discussions and even disagreements...it opens up more paths to fruitful discussions and in the right setting alleviates uncertainty. Remember trading and investing is all psychological. Don't run it with emotions and greed. Be happy with your gains and be happy when you cut your losses. Stick to your guts and it will always pay off in the long run.
Anyways, thanks for letting a 24 -year-old kid get his first TA on the spotlight! Wishing you all a great Veterans Day weekend. Grateful for all the men and women who sacrificed for my freedom!
Potential Short on GBPJPY.Given previous market news , and being that Theresa May brought overall price of Sterling Down with her speech Friday. We can come the conclusion that the current monthly support level will in-fact be respected , and has been. Overall uptrend however we noticed about 150 Pip correction within the last 3 days . 152.8 , 151.4, 150.5 , 150, 3.
SHORTING EURGBP AT RESISTANCE, FIBONACCI LEVEL AND "BROKEN FANG"The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs.
We are also in an obvious downtrend on this pair as can be seen on the pink lines indicating lower highs.
Our stops go above the resistance level and I'm hoping to catch a 1:3 on this one as price should come back down to at least 0.7126. Moving my stops to breakeven when price hits 2/3 of profit.
Good luck everyone and as usual, hold your thumbs!
Shorting EURCAD at important level and "Broken fang"The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should come back down to at least 1.447. Moving my stops to breakeven when price hits 2/3 of profit.
We can also see that we are currently in a downtrend (Lower highs and lows indicated by the blue lines).
Good luck everyone and as usual, hold your thumbs!
Longing EURJPY at fibonacci cluster confluenceEverything is on the chart guys. Fibonacci cluster consisting of 2 retracements (.382 and .50) plus the 100 extension from the previous price retracement. All of this lines up perfectly with previous support/resistance + that we're in a bullish trend.
Good luck everyone and hold your thumbs!
Longing AUDUSD in strong uptrendLonging AUDUSD on this beautiful 1 hour pinbar in obvious uptrend. Our stop is the last low. we have two strong resistance levels until then and hopefully we will continue to the upside. Risk:Reward = 1:2.
- Trade with the trend, you wouldnt try to roll a stone up a hill when you could just as well roll it downwards.