Let's look at BTC here in terms of time chunks as opposed to one continuous pattern. Most TA's i'm now seeing are just calling for doom because we're hanging around lower half of 6k.
If we stop and analyze each section of BTC, we get a very obvious number of trends and price action patterns. Mostly falling wedges but we are finally in an ascending...
Here's an outlook for you. Us "breaking down" at $7400 was not a thing at all. that was nothing more than our resistance to actually break into a higher and more violent bull trend.
More than ever, BTC needs decisions that benefit the cryptocurrency as a whole, as an industry, as a way of the future. FOMO, FUD, will do NOTHING for you other than...
Almost perfect gartley built. Get your longs in while you can.
Risk based on your appetite. Don't forget your Stop Loss's.
Participate via commenting or PM, happy to chat. If you end up feeling generous, ETH wallet below:
we've had the follow % drops starting 3 before the futures
35%, 20%, 22%,7%, 8%, 19% in total before recovery
biggest drop being th day of futures
~10% drop puts us at $6500
BUT it keeps the market bullish in this time
it actually touches the prior resistance, which is now support most likely
we're currently down 4.8% since yesterday's high
even if we do a...
I've been quiet and watching from afar since February, why? Because emotions destroy your profile and will make you bankrupt in no time. How so, you ask.... Emotional trades are the ones you lose sight of your gains and losses, more times than not you will end up losing money because the rationale was poor.
I lost roughly 25% due to emotional trades, lesson...
As XRP has failed to move above the current channel lines- we are going to be making our slow way back down to 0.85$ hopefully representing a double bottom indicating the end of wave 2 before starting our next run. Our next run will see $4.56 if my math is right before a wave 4 pull back.
I've had my lines for over 10 days now and it seems like I have a good foundation of the trend so far. I didn't want to post this too early without reasonable proof first. Expect new lows between now and February 1st. All my indicators, patterns, yada yada are telling me we can only see a real change in momentum start February. please note the dead cat bounce...
I'm back with another trade idea!
I'm looking at EOS on the daily chart and it has formed a BIG cup and handle. This has been building since September.
Current price: 102760
Targets as follow:
T1 - 121,746
T2 - 182,829
T3 - 235,000
T4 - 288,455
T5 - 348,252
Choose your target prices appropriately and understand this is a LONG trade. May take...
Good morning fellas,
XRPUSD comes to a fork road today, it will either go the bulls or the bears way. Yesterday's MoneyGram news have definitely changed the pace XRP was taking, however, it wasn't enough to push us to break out the downwards trend.
Our chart shows that if we close green candles over the next 5-6 hours, it will be a significant change in the...
Hi fellow traders,
Please take a step back before jumping in head first into XRP - especially after the MoneyGram news about XRP testing xRapid on MoneyGram.
We're still within the downwards trend. We'll need to close a few candles above 2.25 before receiving indication that we will move upwards again.
Trade safely :)
If you wish to support:
We're going to see one out of three scenarios play out next.
1. TRX "Moons"
2. TRX Goes flat
3. TRX Breaks out of the triangle downwards
TRX partnerships should be on the horizon to be completed and this is a big positive sign for us.
If trade is active:
T1 - 1200
T2 - 1327
T3 - 1503
T4 - 1817 (previous ATH)
T5 - 2131
T6 - 2307
Been watching DASH build for a number of days now, we've been in good consolidation and indicators starting to show a promising move upwards. This is a coin with little supply available and demand for this coin tends to move it up quite fast. This thread will be updated until we hit our target of $1500. See circled area of the triangle of where i think we will be...
This is an idea for longer term trading for LTCUSD. Based on what i'm seeing right now, LTC is not 100% out the woods yet but it looks like it's definitely beginning to form its position for a run.
We're looking at a Target of 375$ - LTC corrected from ATH to a FIB retraction level of 0.5 and now to begin make it's way back up to 1 and...
In the last 24hours, we've seen XRP do some interesting things. Mainly because it seemed like we were beginning to have consolidation around the 2.65-2.7 mark, which leads to the belief of getting ready for another run. However, every time XRP was 'bound' to breakout, it was actually STILL within a bigger pennant before surging up a significant amount and that...
Right now XRP seems to be building up 3 trends that indicate possible upwards movement.
- Our long term dynamic support line seems to be holding steady and well
- Triangle forming and diverging towards the tip = watch for breakouts
- overall flag pole trend
Analyze your exchange and make your decisions accordingly, $5/XRP sure doesn't seem impossible now.