Price bounced off our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is approaching support as well where we might see a corresponding bounce in price.
Trading CFDs on...
Alright, litecoin please hurry up and dump so I can swing long&chill
Any of the green boxes will be great entries.
It is all dependent on bitcoin of course. Too many options? how to trade this? You can long the first lower box on light capital with a wide stop and then add heavier as each new lower box gets met OR you can just chill and wait to see which box it...
I think it is self-explanatory: We basically have 3 major buy and sell targets with huge potentials and 2 gigantic gaps to the upside that can be exploited for gains.
It basically doesn't matter if it drops to the bottom again or keeps shooting up, just make sure to play it long-term (months) and set your stop-losses reasonably.
If you ask me, from all the OG...
I just wanted to point out that with all the ETF delaying nonsense... that's fine.
We have a crypto asset to speculate that's already traded on the NASDAQ.
AND one thing to consider is these "crypto" stocks are few and far between.
This fact alone will cause speculators to throw cash at them that are stuck trading in traditional markets, and their...
Most traders are prone to hating the accumulation phase of a market because there is no clear sign which way the market will go. If you look at any market which is related to currencies, the accumulation phase is the best time to buy or sell. Sideways price tells me one thing - " buyers and sellers are equal". Now at this point, you might be thinking, "well, that...
Will halving pushing up LTC? I personally believe that yes. I am accumulating it from January 2019. Now we are on important level. If LTC break 0,011 BTC, perhaps 0,01 are in game. If fundament about halving should stay strong - LTC have to rise, because LTC halving is a pattern for BTC halving. People are expecting pump. If pump not come, they will ask, if the...
Looking at ADX on the daily chart
*Willy stupidly over sold and making a nice bullish divergence
* Histogram making lower highs and confirming a bullish divergence
* OBV strong and healthy, people are accumulating
* Currently bottom of value low and could see a run up to the POC where the .382 fib lines up
* Target is around the 3300 sat mark
* Would love to...
Looking at BTC on the daily chart
* Willy stupidly overbought and has a M failure
*Still no structure in the histogram to confirm bullish or bearish divergence
*OBV M top but still hasn't crossed bearish
*Bearish divergence in volume
*Price wicked down to the .382 where on the CME chart shows a big price gap that needs filling
*Can the 50ma catch up to price to...
It has been a very long road but we finally reached the target of the alt coin market cap. It followed the healthy version of the correction almost perfectly. What we see here, is something i would have wanted to see with Bitcoin as well. A big retest of former resistance. So there is a chance that alts have left the bear market behing them. Just a small sign now...
We can see LTC being inside of a range between 93 and 84. This double top looks legit, but won't be confirmed until the 84 breaks. We can see a small bear flag on the right as well which can drop back to 86.5ish. Now the market can still turn this into like a triangle, but then the thick black trend line should hold. If that one breaks, the double top become more...
A good buying signal with a nice R/R.
Buy it now and wait
Stop loss 1150
Time analysis: 1 Jul (Daily chart) and 23 Dec (Weekly chart) are two important dates that I expect powerful price reactions.