Bitcoin bulls just made it clear; giving us a clear trend reversal as we see that the bearish downtrend is broken. It broke the 1st resistance @ 7500, but now we're facing the second resistance @ 8500. Most of the times this 61.8 retracement level is a tough one to beat. I'm very happy with my profits so far and looking to short it between 8400 - 8500 and going...
Get rid of all the crazy indicators for short term trading and focus on the bigger picture. BTC is accumulating nicely between the uptrend support (6400+, black line) and the 1st resistance (7600, horizontal line). Going sideways is good. Waiting for the king to put on some weight and either go up or down. Invest in the outcome, not the assumptions. Patience is...
Slight hints for an elliot wave on the 4h chart. It's following the fibbo's quite nicely. I'm prepping up for a 3rd wave. Strategy Target = 6500 sat Stop loss = 3900 sat Payout = 75% of current positions
If the downtrend line is broken, we can see a bullish run on VeChain anytime soon. Still waiting on volume (but that's not different from any other crypto token)
Bullish, Bearish, blabla... This is my short term target if btc breaks 7600. A quick 10% profit could be made. Nevertheless cryptoland is not going anywhere higher if new money is not involved. Breaking 8400 (downtrend line) could lead us to new money.
Totally off topic. Am I the only one seeing this (straight) uptrend line as bend?
The uptrend did not hold, looking between 7500 - 6000.
Looks like NEO is going to retest the uptred line again. RSI has room enough to go to $55. I'm stacking up!
It's only a 5 min chart. but just for you to notice.
Be patient with your trades and act smart. I would suggest to enter at 8900 if any clear bullish signals or coming off. For now it still looks bullish.
NEO just hit the previous low at around $65 and RSI is showing oversold on the 4 hour chart. MACD is still not showing clear reversal signs, but I suggest to closely look at the resistance line (red dotted line) if it bounces off or passing through. I bought in at $67, but that's kind of a gamble. Especially if BTC is reaching towards the $6000, i'm curious if...
Looking at the 4 hour chart, AirSwap broke the resistance and 50 EMA. They recently (28th of FEbruary) launched their Partner Network API. Things are looking good and I'm buying. Targets 0.00003813 0.00004693 0.00005411 0.00006125 Remember; do your own research.
Mid-risk trade idea. Depends on BTC going short yes/no. Buy opportunity if VEN is reaching out to 0.0005 levels. Targets can be set to: 0.00057 (15%) 0.00062 (25%)
Simple analysis, maybe too simple, but MACD is giving off a clear bearish signal on the daily chart. Price is clearly below the 50 day EMA. I'm going short and buying back at 7000 levels. This could take a couple of days, so if you're impatient, this is not your trade. Just an idea, do your own research
The more I read other TA's, the more complex it gets. Supernovachartpatternsresistancelevels and multipleindicationacceleratorsignals (That's not a thing, I've just made that up) that are driving me crazy. I was told that I should NEVER invest in something if it's highly volatile and not clear where we are moving. Simple as it gets As you can see on the daily...
VeChain is reaching out for support level at 0.00045. RSI indicates oversold. Great coin, great team and came tuesday with the announcement that they are working together with BMW. It's the best project so far on supporting B2B Supply chain. If bounced from support set targets to: Target 1 = 0.00052 Target 2 = 0.00057 Target 3 = 0.00060 Good luck
We have tested the uptrend (dotted line) and it still looks healthy. If BTC is breaking the first resistance at around 11.300 we can see strong movements up to 14.500. I still use BTC as the main indicator on price movement predictions on other top 20 alt-coins. I'm holding my positions and would consider trading again from 14.500. Enjoy your weekend!
BTC will be difficult to beat as the big bull continues to shine after a pretty good run during the recent PumpOlympics in 2017. The 9 year old crypto has progressed over the years but will he still be favorite to scoop the gold at Pyeongchang 2018? Most critics argue that the younger participants are in better shape for this years PumpOlympics.