There is a possibility that a bitcoin bounce will come and take us back to 9500-10k once again. This will only be possible if current support at 6k keeps holding. There is currently a minor Head and Shoulders Bottom being formed (4hr) if this pattern fails to provide the necessary confidence for such rally then the last option would be a double bottom at...
Ethereum Classic has Immutability, it can do anything that Ethereum does but with this extra feature. It's the most Bullish coin i have seen on this Crypto Market. Don't be fooled this could take a while to lift off or it can dump, but the most probable scenario i'm looking at it's UP Be safe.
Let us not be fooled by the market manipulators. Be safe.
Once we break 6.4k big panic sellers will dive in and bring us to new lows, time is near. Keep in mind we may not be at such cheap prices for too long and the market will try to shake you out once go long. Be safe.
Trend since december has been downward so this trade will be counter-trend Inverse H&S is setting up in my opinion, could be a good technical reason to pump us to 14,000$ Be safe
Key levels to watch for buying opportunities are green box. *Be advice This is a short term buying opportunity to sell at red boxes as overall market in crypto is bearish.
Back in December i posted the 65% drop assuming we would drop as much as we did back in 2014 bubble and we did it was actually a 70% drop. Currently i see another signal this time it involves the EMA lines and assuming we will retrace once again as much as we did back in 2015. This signal it's known as the death cross when the 50 EMA line crosses below the 100...
Either way i'm extremely bullish on XMR Monero has always been a great asset to hide money from anybody on earth and i think people will keep using it for this wonderful reason. So this trade is very simple, we're talking about a 230% increase (risk/reward ratio completely insane) Entry should be around 0.027-8 First target around 0.05 Second target 0.09 Stop...
Chart is very clear, also ichimoku cloud is giving us uptrend signal, along with the EMA crossovers... Target based on the W bottom is 0.0635 Stop loss should be around 0.0284
The cloud and the bottom it formed points to a very promising rally coming ahead. Once we go above 200 EMA it should go up very fast, Target is 0.12 Stop loss should be around 0.044
Say whatever you want about bitcoin cash, i'm seeing an ascending triangle on the BCHBTC pair and we know there are many stubborn people backing up BCH so they will probably give it a shot with their deep pockets...
Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S. EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame. It should go to the first target before February 17th Targets 320 Based on the W bottom 350 Based on the H&S Stop loss 245-240max
Litecoin is better than bitcoin because it has a very organized team and the community is very united which helps a lot when it comes to taking decisions on upgrading (segwit) Litecoin has tested this resistance many times before and it's a matter of time before we break it and test superior levels... I'm projecting a 200% growth on this pair, maybe it won't grow...
This trade is simple with good R/R Long around 8500$ or less if you can get it. Stop loss around last bottom or 7500$ Target to 12k at least Target based on the Bullish divergence in the RSI and the bearish trendline since the top. Please beware: bitcoin could resume dumps this is just a trade targeting the bearish trendline residing at 12k, above this trendline...
Many experts said that bitcoin was doing a bubble, if such thing is true then this is how it will play out... This show we can go up to 3k and 4k Just sharing my insight, be safe.
Chart is self explanatory but if you have questions you can ask them on the comment section and i'll get back to you as soon as possible. This trade has a great Risk/Reward and that's all there is to it. First target 12600$ Second Target 14200$ As always be responsible with your money and trade carefully.
It seems EURUSD has broken up with force, this is a good R/R trade.