Here's a quick look at a day-trading strategy I've been using for NXT to flip some quick % over the weekends. Notice the fairly reliable pump pattern. If you accumulate anywhere below 6600 (preferably 63-6200 if you can although I don't know if it will go that low again after breaking out from the previous ascending triangle) you may be golden. Solid project,...
With the news of DEX a lot of traders have been waiting for BTS to jump. The opportunity might not come sooner as the 4 hour chart shows not only ascending triangle support and low RSI but also Ichimoku is showing a TK cross along with a cloud breakout. Possible big move up?
Chart is pretty self explanatory. 1 hour has a clean break and retest of both the trend line and cloud. Nice crossover on the stoch. Looks like an elliot will form. My general idea is to TP at 1.618 of first wave and TP at end of wave 5. Wave 5 generally is as long as the first wave. Good RR ratio here. You can hold longer than my TP because these crypto...
We are seeing the bearish Bitcoin trend. Only time will tell where we bottom and reverse. Ongoing scaling debate is surely giving it pressure and skepticism.
It is a little bit late for this post; but, here it goes! For the actual moment 4HRs time-frame does not show entry opportunity for long positions. Moreover, we are on all time high (ATH) region, which means that higher price can be reject due to 'take profit positions' from market. Taking a closed look on the chart above, which is based on divergences, it is...
Cup and handle in formation almost complete, now we need to breakout the top 0.00017. Target 0.00034 !
As a technology Bitcoin may be more mature than the dirty update/blocksize politics try to make the public fear Yet maybe less mature as a market? consolidation / "echo" / bull trap may happen now or to "finish head and shoulders"? March buyers may want to sell the rest? If positive i may buy some bitcoin again near $2000. Else trailing stop. For the new low ...
3 x Cup and handle movement getting smaller each time, possible indication of a big movement upwards
Burstcoin is a cryptocoin that uses a Proof of Capacity concept versus Proof of Work (Hard Drive mining versus GPU mining). According to some sites, it was the first coin to do a smart contract as well. Barring any fundamental news on the coin, BURST has been trading in a month long pattern. In crypto terms, a month is a VERY long time. A day ago, burst tried to...
Clouds seem to indicate a strong downtrend in motion. Thoughts?
New money in crypto is causing massive pumps/dumps from newbie traders. I expect BTC to hit 4K once it breaks previous high
Here it is an idea for Litecoin in 4HRs time-frame. The chart is a little bit noise; but, it is possible to get trend's idea (pitchfork) and possible targets (pivots and previous top). It is notable that EMA 50 had crossed EMA 200 recently, showing that yet it is possible to buy this asset in this present moment. HOWEVER, RSI clearly shows a HIDDEN BEARISH...
ETH está em queda desde a valorização da BTC nesta terça-feira 20/06/2017, e antecipando uma correção na ETH que ja era inevitável. Acredito que o momento é ficar atento a esta correção, que pode não chegar no suporte e voltar a subir .. para quem comprou lá nos 350-360, aguardar e stop no suporte. 1º Suporte 320$ Gostaria de receber seus comentarios e analise também.
After the last update, bitmark began to behave differently, staying for a long time and forming signals high. However, it is still a very shaky currency. Just waiting for clearer signals to enter, as there are no new updates posted.
We're going LONG for Profit, We might be apporaching a new ATH -1.10% . Target: 24,000 Hopfully china wakes up in the next 3-4 hours and plays the bull market. ;) Just an Idea, please trade responsibly. Regards, a-vires