A beautiful bearish butterfly is forming on DASHUSDT. If the pattern continues up past the sloping blue trendline, the upside potential is quite significant.
Expect strong resistance around 334, 353, and especially at 370.
After the glorious rally from 8 USD up to 420 USD within less than six months Ethereum has been in a consolidation over the last four months.
It looks as though this consolidation is taking the shape of a bullish ascending triangle meaning a breakout above 400 - 420 USD will likely start the next leg up.
If you take the height of the triangle and add it to the...
Ripple was too strong to pull back into our Buy Zone that is a good sign for longs as the buyers are strong and sellers are very weak.
So here's an actual trade i'm giving you which can particiate in and hopefully will return us a R:R 2.87
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If...
OMG has been in a falling wedge that has been developing since early September, with the price dropping out very quickly in the last couple of days. Current price movement suggests a good chance of getting back into the wedge pattern . I expect some horizontal movement as it passes through the red kumo over the next couple of days before continuing. If the wedge...
Hey Guys,
We are forecasting an amazing buying point in new before it makes a run for the new ATH.
We did see a small upward spike during the hyped RED Pulse ICO, following which it heavily crashed more than 15-20%.
It's not advisable to have any open positions now and wait for it to be in the range (A), which will be the best buying opportunity.
Happy Trading :)
I've been following ZEC closely for several weeks and I think we're going to see another breakout soon. Buy at 596, sell @ 640 or a longer target of 690. Stop @ 572.
I personally have this crypto since may in my wallet. I am seeing good opportunity to buy more from this area $11.
If you're a long term trader buy @ $11 and hold till retest around $23. If short term trader you can cutloss following our illustration.
We post daily crypto analysis specially for undervalued coin. You may wanna follow us and take advantage of our...
ZEC has turned around a drastic price decline and seems to have settled on a support level of 557. It's currently testing resistance around 594, which has been an important consolidation point in the past. Additionally, on the 2hr chart we're seeing a TK twist and a 2hr and a kumo twist on the horizon. If it can confidently break 594 there is lots of upside potential.
As you recall, I posted yesterday an analysis indicating an Ethereum Pennant Trade setup and advised:
"In order to take a Long entry, I would wait for confirmation of an upside breakout out of the Pennant
R:R 3:1"
No upside breakout occurred and the price fell away breaching the Pennant, therefore NO ENTRY and therefore NO LOSS.
Well, our Pennant has now...
Early days, but that little short trade was a GOOD TEST to show us how much SELLING STRENGTH there is.
As we got stopped out, clearly the selling strength is next to nothing, (yet).
We see a clear bounce on the top of the Cloud which is also at the .382 Fib level ( a shallow not deep pullback)
FOR NOW, that tells me we are on the RIGHT TRACK being LONG. If it...
Knowing the current BEARISH SENTIMENT that is vibrating amoung Crypto Traders I'm probably going to get lynched publishing this.
However, I have to tell it to you as I see it. My view remains Bullish (Medium Term ie several days out) and we are set to challenge the ATH (All Time High).
There is a good chance that we will break this Top if the momentum and buyers...
As we move closer to our DANGER ZONE, a number of you are asking me where I see Bitcoin price going after $4,500 price zone. It's early days, but this is a POSSIBLE scenario (see my Chart Analysis).
Now we have some news events pending, like China's crackdown on Exchanges and Hard forking Announcement coming up, so only Price will tell us if this plays out....
This coin is at the very dip price and there's an impeding break out to happen. Position yourself before whales will buy and pump this coin.
Buy #ZRCBTC: 0.00004721-0.00004852
Target: 5%-30% depends on you
STOP LOSS: 10%
HODL for short term 1-2days
Trailstop when in profit and secure profit
Buy at the zone, dont chase the price.
Risk disclaimer: Trade at...
Hello.
Soon I am going to start trading on a new crypto-platform and therefore will actively observe the crypto currency market. I'm getting ready for earning much :)
Bitcoin. Bitcoin. Bitcoin .
I'm frequently asked if the Crypto currency is a usual financial pyramid and if the prices are going to fall to the very bottom.
Want to know the truth? Yes, the prices...
