VEN was anticipated to be one of the biggest coins this month, but quite the opposite happened. Along with some FUD, fro ma TA aspect this double top could put it into the ground. I find this highly unlikely with this coin though. Do not try and catch a falling knife, WAIT for reversal confirmation, especially with the possibility of a BTC pull back coming. When...
Hello guys, I'm very bearish about IOTA at the moment. Still we are looking for profits. After this huge drop, we can expect a (dead cat) bounce. BUY : Around 1.04USD SELL : 1.12USD STOP : Anywhere below 1.018 Risky trade, only put a small amount of your capital OR tighen the stop :)
We will be seeing some new relative lows, probably below 6K, this may send retail investors into a state of panic, many people will open up shorts. When this happens whales will seize the opportunity and pump the market. The bounce may very well be a dead cat and not exactly an initiation of the next bull market. Alts may break support and fall lower , offering...
Dear Cryptotraders, I would like to present You my period in short statement. You may wonder why only short? Kind of phase We need to pass through, slow, less and less volatile to dull everybody so They could develop Their buisness with astonishing comeback as proove of perversities presence in this system. This is my second short setup on ETC/USD pair, I stated...
$AVP appears to be holding long term support just under $2 Should be good for a decent bounce before next ER
So, we did end the c wave at 1.23x wave a But, we didn't end the correction on any fib level which seems to suggest that the correction might not be over. Although we are bullish for now (till 16k area i expect), but we the bears may return. Some signs to watch out for: strong reversal after a 3rd wave up (c wave), we are currently in the first wave hidden...
At the moment, the head with shoulders is drawn, the last wick, not at all understandable, I call the death of a short-haired, welcome to the hairdresser) i think you can fix another 30% You can find a top inside new at www.dabinside.com this platform the first
To much resistance lies in front of us. Euphoria is misplaced!
Hello, Traders! 3 potential scenarios for BTCUSD Triangle pattern and bullish continuation. Test EMA1000 and rebound. And bad scenario - H&S pattern. Bitcoin will be dead? Almost..;-) Let`s see. Don`t worry. Targets on the chart. I will comment on the idea, as events unfold. Good luck!
High probability that this was the bounce and it is forming a sideways ABCDE in a triangle. Price action continues, still 2-3 trades i foresee as going both long and shorts between profitable. Be careful tho, remember 11.400 ? That's where bloody waterfall emerged. The same could happen again. Remember: This is a dead cat (RIP) and you are the frog in the...
Since this is a ABCDE structure in a triangle; Put your stop loss above the orange zone ( Hard resistance ). I'd ladder tru 8050-8250. Easy and somewhat safe.
The S&P 500 gapped down yesterday on the daily chart. It looks like a potential dead-cat bounce is setting up. Let's see if the price finds support at the 2645 level, has a short correction, and then continues its decline to 2600 or lower. ~KP
Bitcoin Cash has tested some levels in the lower $1,200 handle. Thankfully, it rejected these and rebounded to $1,275, which appears to be a very strong level. Currently, it corresponds with the central moving average of the KRI. If current prices do not hold, we'll have support from $1,200, as well as Fibonacci levels at $1,144, $965, then the lower bound of...
Ok, we finally reached 4H Ichi and it's happening. P.S.: Have you seen that pupn and dump? Momeone drawed an upward move and FOMOs start to bu like crazy, but minutes later it was dumped. 500BTC was sold at 9k on GDAX
I'm about to call a classical Triple Top. Volume declines, momentum declines. IF(!) 8600 will be rejected and we will brake support it will be confirmed. Target 6700. Stay tuned
I mean... It's hard to belive, but I see what I see. According to this, it will test area between 8600-8950, hit 4H Ichi and come back to the downtred.
While it definatly about to jumpbriefly, but it's only to hit 1H Ichi and come back to the previouse trend
Another flag just was broken. Target is around 7600-7700