Ripple (XRPM19) Can Do 160% ROE on 8X Lev. Want In?I am looking at Ripple (XRPM19) and seeing a potentially very profitable trade set up, but we are looking at BitMEX with really high leverage, so remember this is high risk and for advanced traders only.
I am seeing bullish divergence showing up on my main indicators and we are now trading above EMA10.
We have a trade here that can do over 160% ROE with 8X. Would you like to see the full trade details? Buy-in, targets, capital allocation, stop-loss, and more... If you are interested feel free to hit like if enough people hit like I will share the full trade details. Note: This is time sensitive.
All details marked on the chart.
This is not a piece of financial advice. Trade at your own risk.
All information here is shared for learning and entertainment purposes only.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Kraken
Bitcoin Drops As Expected, But How Much Lower? (Trade inside)Bitcoin (BTCUSD) just had the first strong drop in quite a while, but this is no surprise, we were expecting this... Here you can see our previous analysis:
Now, the question is this, how much lower can Bitcoin go?
We are looking mainly at EMA100 on the daily time frame, but EMA50 goes first. I would say our next stop goes at $4680 depending on how the day closes, but this retrace is just starting and it can take a while to fully develop.
Here is our latest Bitcoin (XBTUSD) trade:
--------------
Trade: SHORT XBTUSD
Leverage: 10X
Buy-in: $5400 - $5500
Time Frame: 1D
Targets:
(1) $4970
(2) $4710
(3) $4500
Stop Loss: Close 1D above $5650.
Liq. price: $6029
(Buy-in calculated at $5460)
Profit Potential: 213% ROE
Capital Allocation: <10%.
--------------
Feel free to hit like to show your support.
Where do you think Bitcoin is headed next?
Leave your comments in the comments section below, and remember to hit like.
Namaste.
Litecoin Hits Support, Potential Bounce ZoneLitecoin (LTCBTC) has hit the 0.786 Fib. retracement support and is now trading just above EMA100, sitting on a great spot for a bounce, but there are a few things to take into consideration first... Feel free to hit like now and let's continue with this analysis:
LTCBTC has been showing huge momentum on the drop, so it can still go a bit lower.
If EMA100 doesn't hold (daily candle closes below it), then you can expect for EMA200 to be tested.
If EMA100 holds as support, we can expect Litecoin to bounce and start a new wave up.
Green volume was good yesterday, bulls need to follow up today for a bounce.
Different scenarios drawn on the main chart.
Thanks a lot for reading.
Namaste.
Ren Removes All Gains, Prepares for 100%+ Next WaveRemember Ren (RENBTC)? This little gem generated us over 111% profits on our last trade on Binance, and the charts are getting ready for a second run.
You can see our previous trade here for results and additional details:
RENBTC has removed all gains from its last bullish wave and is looking to create a double bottom.
Our last entry recommendation was around 420 - 460 satoshis, the current price at the time of this writing is 423 satoshis, showing that RENBTC is reaching support and preparing for a second run.
All the details are marked on the chart:
All targets on the main chart.
Weekly close below bottom dashed line is our stop loss.
Feel free to hit like now.
It can take several months for this trade to fully develop.
This is a friendly reminder.
Enjoy the profits.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Hodl Tezos like a Chad. Target at $5Been buying at $0.52 with our target $1.37
A 160% up move.
But it's time for another trade.
See previous tradingview chart called "Buy Tezos like a Chad"
If you sold, it's time to buy back.
Now you have to buy/hodl like a Chad.
With a target at $5
Tezos is great. Smart contracts with formal verification and functional programming.
Buy/hodl. Understand the tech behind it and hodl to show these people who the real alpha male is. Take that position trade.
Don't need some triangles, Fibonacci and indicators to know that it's going to $5.
Bitcoin (XBTUSD) Rising Wedge (Potential Fall) + AltcoinsBitcoin (XBTUSD) is now trading within a rising wedge and has the potential to fall.
We can notice bearish divergence showing up on the MACD and RSI.
Trading volume has been decreasing and there is a long wick on top of yesterday's candle.
If the daily candle closes below yesterday's high, we can expect Bitcoin (BTCUSD) to fall in price. This can be a long retrace.
Hit like now...
Altcoins Market Update
I've been looking at quite a few charts for most of the smaller cap. altcoins and many are hovering around strong support.
The Bittrex altcoins are starting to move ahead of the flock and some are producing some massive gains, you can see a few examples below (I believe more bullish action will show up on Bittrex):
CMCTBTC (+200%)
XDNBTC (+50%)
BEANBTC (+80%)
Url:
The Binance altcoins are mostly retracing and many hitting new lows, but this is a great opportunity, after a wave down comes a wave up (I believe there will be many buy opportunities developing on Binance for big profits next month).
Here are some examples of opportunities in the making:
Skycoin (1180% Profits Potential)
Ren (100%+ Profits Potential)
Nucleus Vision (1500% Profits Potential)
So the altcoins market is low but starting to wake up and might be looking at some strong bullish action within 2-3 weeks.
Feel free to hit like now... if you want to show your support.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Bitcoin Cash Can Go Lower (BCHM19 on BitMEX)Looking at Bitcoin Cash (BCHM19) on the daily time frame, I can see that it can continue going lower.
BCHM19 is now trading below EMA10 with additional room available to go down.
I looked at the BCHABCBTC pair for a better view since there is more data available on the chart. Here it is:
After a small bounce to retest EMA10, BCHABCBTC and/or BCHM19 can continue going lower to test EMA50 (magenta line).
Conditions for change: A break and close above the 3rd April high can invalidate the above signals.
This is not a piece of trade advice.
Feel free to hit like if you enjoyed this content.
Thanks a lot for reading.
Namaste.
Skycoin Double Bottom (1180%+ Profits Potential)Skycoin (SKYBTC) reached its all-time high almost a year ago back in June 2018. After this high was reached there hasn't been any significant bullish action but the classic 50% correction waves.
Now Skycoin (SKYBTC) has marked a double bottom and has the potential for massive gains in the weeks to come.
In late February SKYBTC hit an all-time low at 241 satoshis, this same low was hit today. After some additional consolidation, we can expect a strong move from this altcoin pretty soon.
Of course, our all-time low needs to hold for the 1180%+ profits potential to be able to play out. A close below 241 satoshis can send SKYBTC lower, any trading above it and we remain bullish.
Where do you think Skycoin is headed next?
Share your thoughts in the comments section below.
If you want to see a full trade for this altcoin, feel free to hit like to show your support. If enough people hit like I will know there is enough interest and share a full trade for SKYBTC with massive profits potential.
Thanks a lot for reading and your continued support.
This is Alan Masters.
Namaste.
BlockMason Credit Protocol Breaks All Highs Since Nov. 2018BlockMason Credit Protocol (BCPTBTC) has broken above all highs since November 2018, producing its first higher high and opening up the doors for additional bullish growth.
On the chart above I drew two different scenarios, the scenario where BCPTBTC continues with its impulse up and challenges the next resistance, or the scenario where it retraces, retest support and then proceed with its growth.
The RSI is super bullish and the volume is good. There is some worry forming on the MACD, bearish divergence, which makes me lean towards the retrace scenario before additional growth.
This is really early as this just started to move, but BCPTBTC will definitely produce some major gains in the months to come.
I'll be keeping on eye out on this one for a good trade set up and entry. Make sure to hit like if you want to see a full trade for BCPTBTC. If enough people hit like I will know that there is enough interest and share it here once a good trade set up develops.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Civic Prepares For A New Wave (Over 100% Profits Potential)After removing almost all gains from its last bullish wave, Civic (CVCBTC) is preparing for the next one.
Civic just printed a high volume bar, signaling that its retrace might be coming to an end. It might still take a few weeks before a strong move up, but we are now certain that CVCBTC is trading around support.
Our last CVCBTC trade generated over 90% profits for us, this new upcoming wave can do 100% or more, all details can be seen on the main chart above.
Here is our previous chart Civic (CVCBTC) with targets and profits details:
On the chart above I am seeing bullish divergence marked on both the MACD and RSI. I marked this with a purple line.
Trading volume came down to a halt and only increased today to try and challenge EMA10 to the upside. If the daily candle can close above EMA10 it would be a great signal for the CVCBTC pair and its future short term growth prospects.
This is a friendly reminder... So please remember to hit like, if you want to now, to show your support.
Also, remember to always use a stop-loss if you trade based on this information. This is not a piece of trade or financial advice. All the information shared here or by Alan Masters is intended for educational and entertainment purposes only.
Thanks a lot for reading and your continued support.
Namaste.
Bitcoin Still Trading Above EMA300, What Happens Next?Bitcoin is still trading above EMA300, and even after massive bullish action with a retrace looming around the corner, it also remains trading above EMA10... The Bitcoin bulls are showing massive strength but there hasn't been any additional growth since the strong break in early April...
Daily chart with EMA300 marked:
Feel free to hit like, if you want to now, and let's continue with this short analysis:
We have a bullish rectangle as consolidation and continuation pattern, this pattern can easily lead to a breakout to the upside.
We are clearly looking at decreasing trading volume but still not low enough. There can be additional sideways consolidation/action.
The MACD is showing bearish potential, with the histogram now going in favor of the bears.
The RSI remains strong and showing a solid uptrend, quite bullish.
I say we have quite a few mixed signals here, and Bitcoin remains bullish as long as it remains trading above EMA10.
What's your take on what Bitcoin will do next?
Please share your view in the comments section below.
Remember to hit like.
Thanks a lot for reading.
Namaste.
FunFair Early Signal (Starts To Move Again +50% PP)FunFair (FUNBTC) is starting to move and now challenging multiple resistance at once.
Looking at the chart above, we have the following signals... Feel free to hit like now and let's continue:
Breaking above EMA10 and EMA50.
RSI on the bullish zone.
MACD bullish crossover.
Lacking volume (bearish signal).
My view: I can say that FUNBTC has good potential here. The volume is still low but is very likely to build up through the day.
On a positive bullish breakout, you can expect at least the last high to be taken out.
This is a very strong, safe and easy set up to trade.
This is not a piece of trade advice.
Thanks a lot for your continued support.
Namaste.
Cardano (ADAM19) Can Bounce Here, Support & Resistance LevelsLooking at Cardano (ADAM19) on BitMEX, I am seeing a potential bounce that can happen here.
ADAM19's retrace has been speeding up until it finally found support and a bounce happened around the 0.786 Fib. retracement level from the last bullish wave.
This is a strong support zone and a bounce can happen here even if Cardano is to continue with its retrace after it.
We also have:
The RSI is coming out of oversold.
The MACD is showing a bullish crossover.
Trading above EMA10.
Hit like if you want to see more about Cardano and other BitMEX futures contracts charts.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
correction must start soonhere is the idea guys
i dont like to talk much
market acting crazy on overbought conditions
3rd wave has been done on EW structure and hit the 1.618 fib levels of the channel
correction is good now for the next healthy run .. otherwise its gonna be painful
in general the market is bullish but need to rest little bit so new fresh money can be pushed in .. and in current prices and indicators only gamblers and bots are playing so be careful to play with them atm .. try to find your short entry with good stop loss as shown on chart .. with low leverage between 5 and 7x maximum
its worth a try for potential profits ..
targets on chart
best of luck
HT
Bitcoin Weekly Remains Bullish while above EMA50Why is Bitcoin bullish on the weekly time frame?
Bitcoin is trading for the first time since July 2018 above EMA50, now also holding above EMA100 making $5200 a very strong support level, and this can also make our charting easier.
EMA10 was broken in early March and hasn't been tested since Bitcoin moved above it.
So we are looking Bitcoin remaining bullish for as long as it is trading above these two moving averages, EMA50 and EMA100. A drop and close below these levels, can easily send Bitcoin down to test EMA10 at $4652.
So we keep it easy on the weekly...
Any trading above EMA50/100 leaves the potential for Bitcoin to move up anytime and challenge the next resistance, right now sitting at $5475 followed by $6030.
A break and close below $5200 can send Bitcoin to text our main support at $4970. If this level fails to hold, the next support is found at EMA10.
Bitcoin can easily make one final move up here before going on full retrace mode. I wouldn't expect for it to go much higher than $6030 and $6300 maximum before it starts to retrace if a move up is to happen.
The other scenario that I am mainly looking at is for BTCUSD to start retracing right away, but for this scenario to playout Bitcoin needs to break down EMA10 followed by EMA300 on the daily time frame.
You can see the full analysis here for the daily time frame:
So, where you think Bitcoin is headed next?
Feel free to hit like to show your support.
Thanks a lot for reading.
This is Alan Masters...
Namaste.
Bitcoin Monthly: Challenges EMA10 Without... ?It's been a while since we looked at Bitcoin (BLX) on the monthly time frame, here we have some type of action never seen before for Bitcoin.
Starting August 2018, Bitcoin went negative for six (6) months straight, turning green only on February 2019.
March 2019 lead to Bitcoin breaking above EMA50 on the monthly time frame and is now trading shy above EMA10.
Bitcoin hasn't been above EMA10 on the monthly since Apr-Jul 2018. This is the first time in almost a year that Bitcoin is trading above this moving average, will it remain above it or go below?
The monthly chart looks pretty basic, it looks like a change of trend is starting to take place... A close above EMA10 with good volume can indicate that Bitcoin can continue growing more, but if instead if falls and closes below EMA10, a full retrace can start that can last several months.
Let's take a look at the indicators now:
MACD
The MACD histogram shows that the bottom is in, while the MACD line and signal are pointing to a long consolidation period before additional growth.
RSI
The RSI is now back on the bullish side after hitting an all-time low. There is plenty of room for a retrace and sideways action before massive growth.
Overall the view is good but there is one huge warning which negates the EMA10 challenge... There is no volume.
You would expect significant volume when challenging this type of resistance yet there isn't much. This goes in favor of a correction after one last potential jump/mini-jump.
This update goes in combination with the following analysis shared earlier today:
Bitcoin Still Trading Above EMA300, What Happens Next?
and...
Bitcoin Weekly Remains Bullish while above EMA50
Feel free to hit like now... If you want to.
Thanks a lot for the support.
This is Alan Masters.
Namaste.
ETHUSD, good time to buy with a target of 196.9 and above.Good time for long position it exactly show my x-volume indicator. Kraken sell big volume from 168.5 and now price can go up free.
Levels thanks to X-Lines indicator.
Bitcoin Finds Support, Where To Next?Bitcoin has found support at the same level marked by the Expotential Moving Average of 10 periods, we marked it with a green line on this chart (EMA10)... Feel free to hit like now and let's start with this analysis... Thanks a lot for the support.
We know that the bullish potential remains as long as we trade above EMA10, but a break and close below it can easily send Bitcoin to test lower support levels.
We have the MACD clearly moving in favor of the bears. We have an upcoming bearish crossover, and the histogram moving lower.
Consolidation above EMA10 can lead to one last impulse to the upside, but this is the less likely scenario at this point.
A break below this support level and we can see Bitcoin testing $4660 quickly which is marked by EMA200.
I am leaning towards the retrace, if I go by the chart signals but the impulse up and still has good chance, as there hasn't been that much follow up by the bears.
I expect the entire market to retrace some more before any strong bullish action can be fully resumed.
The dashed lines on the chart, either above or below current price (light green), mark the most relevant resistance and support levels on this time frame.
This is not a piece of trade advice...
Thanks a lot for reading.
This is Alan Masters.
Namaste.
XBTUSD, long becouse there is too much bears on the market.I think market will go up. X-Volume shows to much bears on the market. Every long candle very easy selling. Bulls close theire positions with small volume. They are ready to redeem all sellers, they save up cash for this. Bulls target: 5230.
Waves High Volume Bounce (60%+ Possible)Waves had a massive run by the end of 2018, but started the year in full negative and retraced for a long 113 days.
Right now I am seeing some massive bullish action.
WAVESBTC is printing its highest volume bar since January, and it will likely close highest since last years bull run.
The bounce is happening after breaking below MA200, very strong support.
The RSI hit deep oversold and is now trending up.
I also find it interesting that Waves decided to move today that Bitcoin is moving down...
There is good potential for a strong bounce here. Remember to use a stop loss if you decide to trade this chart.
All content shared from Alan Masters is exclusive for learning, educational and entertainment purposes only.
Thanks a lot for reading.
Feel free to hit like to show your support.
(Direction and targets on the chart).
Namaste.
XTZETH, bot works >100% profit for 5 months.Guys, I posted a copyright bot. Rate work. The algorithm is based on the X-Volume indicator.
Kraken: XTZETH 2h, bot works >100% profit for 5 months.
Inputs at the time of a strong imbalance of market forces. The transaction must be opened 10-20 seconds before the signal candle closes in order to coincide as much as possible with the closing price.
Questions and suggestions in the development of the bot in a personal email. Naturally, it will soon become paid, therefore, we evaluate and trade. I want maximum criticism and constructiveness.
Altcoins Market + Bitcoin Starts To Retrace (Going for $4280?)Bitcoin started the much-expected retrace that everybody was waiting for.
The altcoin market is also retracing which is natural, healthy and good.
We had some major bullish action in the past few weeks. After a strong wave up, comes a strong wave down.
I believe this correction, for the altcoins market, can go for another 1-2 weeks, we will see how that goes.
Now back to Bitcoin:
I mentioned EMA300 (gray) in my last article, an impulse up and also a retrace. Now that Bitcoin broke below EMA300, even though the daily candle is yet to close, we can expect the retrace scenario to start to play out.
As main support levels I am looking for EMA200/MA200 as well as EMA100 (blue line) after that.
So the immediate support for Bitcoin (BTCUSD) in my view is EMA10 sitting at $5020 on BitFinex.
Bitcoin can move much lower and test multiple support levels before any bullish action is resumed.
Whether Bitcoin bounces right away, after a few weeks or goes deep down will depend on how this retrace develops, my main target is around $4500 and we will go from there.
What's your take on what Bitcoin will do next?
Please share in the comments section below... Oh, and remember to hit like if you enjoyed this post.
Namaste.
Bitcoin Daily vs Weekly, Bearish vs Bullish (Mixed Signals)Bitcoin has been doing great, the last bullish move followed its classic pattern, it moved differently to what most people expected and that is something that almost always becomes true.
Some major resistance levels were taken out like nothing, resistances that have been holding Bitcoin back for months and weeks. Now Bitcoin is sitting on a completely new set up, and we have bearish and bullish signals coming from all the charts, so what will happen next?
Will Bitcoin continue growing, or will it enter the classic retrace?
Let's start by looking at Bitcoin on the 4H time frame:
Here we can see strong bearish divergence on both the MACD and RSI.
BTCUSD has been able to stay above EMA10, which signals bullish potential, but we have decreasing volume and the EMA (green) line starting to curve down.
The last peak is barely higher than the peak from the 3rd April.
After a strong wave normally comes a retrace (this is not a real signal but we should also take it into consideration).
When looking at BitMEX, the second peak is lower than the first one so they are moving ahead in some ways, so we are looking at a double top short term which signals to a drop:
On BitStamp and CoinBase, we have the same pattern as in BitFinex, a higher high on low volume and strong bearish divergence, telling us that Bitcoin is more likely to go lower before continuing up on this time frame.
Bitcoin on the daily time frame:
Only the 4H time frame in this analysis is clearly bearish to me, the daily time frame is showing mixed signals, let's get to it:
The chart pattern we are seeing can produce another impulse move to the upside. Also the fact that even though BTCUSD is showing weakness with the mixed signals, it is still trading above EMA300. A close below EMA300 (gray line), will certainly send BTCUSD to test EMA200, above it, the bullish potential remains.
I believe that EMA100 (blue line) also needs to be tested since it took a long while for this level to be broken. So it needs to be tested as support eventually, it just doesn't need to happen now.
I can see some sideways consolidation happening around this level (current price) above EMA300, another possible scenario. But if Bitcoin is really bullish and wants to continue going up, it will most likely follow with the impulse or breakdown to remove weak hands and give a try at $6,000+. Right now this is the less likely scenario in my opinion and Bitcoin is more likely to retrace from here. Why? Let's look at the weekly chart now.
Bitcoin on the weekly time frame:
The resistance Bitcoin is challenging here is really strong, we are looking at EMA50 and EMA100. Good strength and volume is needed to break above these levels.
The signals here are mostly bullish. The MACD And RSI are.
Just looking at the chart structure, Bitcoin can break up immediately, but EMA200 (orange) was a very strong resistance that has just been conquered and the bulls took their time. I don't see them having any hurries... Bitcoin can consolidate, retest support before continuing up, that's the green line.
The blue arrow is the scenario where we go straight up, but we would still need a retrace after that and long consolidation before any sustained and maintained growth.
My view: We expect a drop followed by additional growth. This can all take weeks to develop, no need for rush. The altcoins can grow slowly while Bitcoin consolidates its new growth.
Conditions for change: If Bitcoin breaks down and closes below EMA200 ($4155) with good strength and volume, this would change our view from Bullish to Bearish mid-term. A close below followed by a bounce can happen, fake breakdown, this wouldn't change our view at all.
A close below MA200 ($3500) would change our view from Bullish to Bearish long term.
Everything above MA200 (black line) is bullish for us in the sense that Bitcoin projects long term growth for the future. This is all based on the weekly time frame/view/perspective.
What's your take on Bitcoin?
Where will it go next?
Are we going to drop now or continue up?
Please share your thoughts in the comments section below... Keep on reading!
Altcoins Market Update
I believe that the altcoins medium-sized and small market cap. altcoins (major altcoins are moving with Bitcoin) will continue to grow.
Those that already had huge gains will retrace and consolidate, those that are bottomed out will jump up and grow in value.
I will be reading charts and sharing what I see.
Feel free to hit like now if you found this trade idea useful or entertaining in any way.
Thanks a lot for the continued support.
This is Alan Masters, and soon I'll be back sharing some more.
Before I leave here is a quick phrase to maybe inspire you and motivate your day, in a very simple and beautiful way...
IT ALL CONTINUES AND IT KEEPS ON GOING
Life keeps on going, it all continues.
It doesn’t matter if you believe it or not.
It doesn’t matter if you think is right or wrong.
It no longer matters if the answer you gave was correct.
It doesn’t matter if it was wrong, it never mattered for anyone anyway.
Life goes on, meditation or not.
Life maintains its pace, doesn’t matter if you meditate.
So it doesn’t matter how far you really go…
If you are trying to make sense of everything, enjoyment is the answer when you finally reach the goal.
Life is not meant to be understood.
Life is meant to be enjoyed.
Namaste.
