ProfitProgrammers

ProfitProgrammers

We've recently found success identifying short opportunities for ETH/XBT and BTC/XBT using our K2 indicator. The Indicator is based on the Commodity Channel Index(CCI). Specifically, it uses a modified fast and slow CCI, as well as upper and lower bounds, to pinpoint the ideal time to enter a short position. On the graph, you can see the slow CCI shown in...

ProfitProgrammers

As anyone who has tried their hand at trading altcoins knows, it is a risky game. I usually try to avoid trading altcoins for this very reason... but some analysis of EOS' recent price movement has me tempted to pull the trigger. The month of June has been unkind to the coin. Looking at the second Enhanced Linear Regression Indicator, we can see that EOS price...

ProfitProgrammers

It looks like our prediction last night came true, with BTC's price enjoying moderate gains over the 12 hours since posting. Like all good things, this uptrend must end eventually. We saw the completion of an inverse head and shoulders pattern at around 9 AM today(pink line), followed by a small increase in price. Don't be fooled, however, as a downwards...

ProfitProgrammers

The past week has seen a steady increase in BTC price. While some are predicting an upcoming reversal, there is decent evidence of a continuation. Looking at the chart, we can observe an ascending triangle pattern forming(represented by the dotted pink line). This pattern formation in the midst of a positive price trend can typically be viewed as an indication...

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With all the hype we saw in 2018 with TRON and now the fundamentals are coming together from its move away from being a common ERC20 and launch of its main net, our friends over at bitmex launched TRX's futures... and i think it ruined this old p&D I think were going to retrace down to 300 ish where i'd pick some up for a trade back to 330-370... I'd be careful...

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So that massive drop yesterday was intense... $1000+ in 24 hours, horrible! I'm giving most of the credit to not only the 10k Bitcoin Short but the Silk Road/Mt GOX sell off.. I saw ridiculous articles this morning blaming it on Cointelegraphs articles that say BTC ETF denied... lol that wasnt it! a bunch of bots didnt cause a 1k drop sell off Anyway, I dont...

ProfitProgrammers

I think we bottom'd out pretty hard on NPXSB... a lot of hype, once this bitcoin retrace is finalized, I'd look to purchase some NPXSB for a 100 percent plus gain! I hold not NPXSB but looking to purchase if Bitcoin goes above 7200... Just an opinion! Alts are scary little bastards!

ProfitProgrammers

Follow up to my last look at DGB, im still bullish, look how well this altcoin held its ground over the last year! absolutely incredible... stable Due to the BTC pullback, heres a time to accumulate some DGB. Blows my mind how well Digibyte has done compared to other all coins. I'm going to leave it with, accumulate this token! that's it... Targets for a sell...

ProfitProgrammers

Looks like bitcoin just took a nice 5% dip as a retrace after the bullish week or so we've had. If you go back at look July- December, we had some similar action on the Bitcoin price. I think 6900 will hold, that was a pretty big pull back.. if we break down past 6900 id say we may see a retrace of 5800. Personal Opinion: Long position at 6930, take the 1...

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Hey Guys, I think we have an incredible buy opportunity for the ETH/BTC pairing under this .06 range. If you guys arent aware, theres going to be a ETH scaling solution coming to furition by end of August: Read this article below: www.coindesk.com This would help make Eth not only a better dapp platform but also an incredible payment system. Right now we had...

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A lot of bullish divergences. Refer to chart looking for a push for to 6500+ a lot of great news and market sediment is looking bueno. ETF decision coming august 10th, this range is a scary one, we dont want to break down back below 6k, I'm looking to long to at least 6500, if the Inverse H&S validates further we could be looking at a bigger movement in the next...

ProfitProgrammers

DGB is one of my favorite projects, it's the only alt coin that I have held for over a year and has not let me down! Digibyte is an incredible project with insane potential, the fastest POW crypto right now The CEO Jared Tate is a super smart guy whos been in the game for over 4 years. Check out Digibytes website as well. www.digibyte.co I could go on all...

ProfitProgrammers Updated 

Eth looking like it's about to break out, RSI has a lot of room for movement, wedge it making a nice solid V shape. If we can holdover 440-445 we are looking bullish :) -Invalidated the H&S of ETH/USD 4hr. -Bullish Divergence -RSI bouncing for Oversold -Momentum -Low Volume We may play around 445-468 for a day or two Looking for a 520+ target in upcoming...

ProfitProgrammers

So the last 18 hrs have been painful to watch Room for growth on 1hr chart/2hr Shooting for a break out to 6300+ 12-24 hr target around 6384 Based on the Social Algo Range is 6016-6525 Entry under 6217 Target 6384 Well see what happens! If we sit below 6150 for awhile ill reconsider.. stop loss 6000 -Hank

ProfitProgrammers

Hey was a little late on publishing this one, but hit out social Target of 6064 for the day bought in around 5860 which is awesome Looking at a wide range today, this is probably going to chill around 6160 where i think we might see a pump back over 6500 We rejected 5800 3 times... this is a pretty bullish sign & were oversold on daily.. Tip: Hold out trades...

ProfitProgrammers Updated 

Looking at the charts and our Algo, looking like a small bounce from here to 6130-6200 then ultimate 24 Hr target is 5966 Looking pretty dumpy also, some shorts were squeezed out at 6250 jump. Social algo is saying: Target 5966 Range 5820-6400 Hope this is the last bounce that springs us back to above 7k BTC!

ProfitProgrammers

So we dropped just as expected, actually fell even lower which was great since I still had about 30 percent of my short open. Looking for a small bounce in the next few hours to 6250-6350 where i think we will retest the low 6000 area before a decent bounce to 6500 Once we drop again to 6000ish, going to open a long with a short term target of 6500 By tonight...

ProfitProgrammers Updated 

Based on our social algo, we should bounce off 6850-6900 again before a larger movement in the downwards direction. These bart movements are annoying and pretty muich gambling if youre trying to scalp on them. I would wait until confirmation but I think we ware going to follow one of these trends. Green is a bit more likely as I feel that were looking pretty...