Hello, dear traders!
If this post reach 50 likes - show you my trade by BTC , orders, protections etc.
BTC need to show you this downward correction. Waiting and prepare for this. I think it can reach 5750-6000 $ - the huge resistance level (by Bitfinex), then by RSI will be some strong bearish divergence I can suppose and market high-probably going down.
Important to know.
Even if market growth it's not exactly that ETH will be strongest then BTC, but when market fall - best to short altcoins, they go down more then Bitcoin.
MAs looks bad, above the price.
Short by breakout.
Open zone : 0.3034 - 0.2962
Target : 0.2652
Impulse - the triangle/flag - impulse.
Especially I think it's going by bullish scenario, by trend.
RSI broke up its resistance line.
Targets by Breakout:
LONG 5800-6000 (open - 5465)
SHORT 4200 (open 4690)
QTUMUSD Weekly chart Analysis
Strong project, you can see all the traffic ahead! I believe that during 2019 the mark of $ 10 will be reached. This is about 250% profit. Do not invest the last money, only that for you will not be fatally to lose.
IOTUSD / IOTAUSD
Price is narrowing, the volatility subsides before the storm. The question of which way the blow would be would not have taken a decision in the medium term. There is a chance to pass at least 38-50% Fibo on the chart upwards. You also need to consider that we are in a falling trend and the opportunity to go down below 20 cents is very large....
BTCUSD at 3D timeframe we can see clear is OVERBOUGHT
BTC tried to push through ichimoku resistance cloud but failed and now they need to retrace to gain some FUEL. We have a bearcross at stochastic and the buy pressure slowly going down.
Why is my target around 35-36-37xx? Because there is the 200MA weekly support line
In my opinion BTC was bottomed,but we need...
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A big WELL DONE to everyone who followed my BTC analysis. We hit the EXACT bottom to the exact candle and have been in the money since. good job!
I called the BTC bottom perfectly which is great news. Now we can start monetizing on the large volume Altcoins! First on the list, Ethereum!
Today ETH has...
simple ABC correction could be on the table.
The way things line up, this could be a Head And shoulders pattern if we bounce up for a .618 Retracement. That would an ideal place to create the right shoulder. This would be the BLUE ABC move and if so, would be followed by a 5 wave impulse downwards for PURPLE C.
I will have all of these posted on my telegram...