BTC had a sharp movement last night dumping to the bottom of its trend channel. BUT we are still within the trend channel. Our stoploss for those entering at 4850 was 4920 = this has not been hit.
Our stoploss for ETH was at entry 152. This has also not been hit. Volume on this downward movement is significantly lower than the volume on April 2nd that led to the...
On the 4H chart BTC is travelling within the bounds of a nice ascending channel. This is in line with our bullish scenario and means BTC should be on track for our $5600 target.
Two things contradict this outcome:
1. Over the last day BTC has been pushed to an extremely narrow band at the bottom of this trend channel and volume has decreased significantly. This...
ZRXUSDT is moving through a consolidation phase, and has had a strong bounce from the bottom of its trend channel. StochRSI is reversing. We target a return to the upward trend.
Buy: 0.3400 - 0.3430
Target 1 - 0.3535
Target 2 - 0.3660
Target 3 - 0.3776
Target 4 - 0.3884
IOSTUSDT is at the bottom of its trend channel and in a position to rally with other USDT pairs. It has a bullish divergence on the 1 hour time frame. We have an opportunity for a low risk entry with a tight stoploss.
Buy: 0.016105 - 0.016500
Target 1: 0.017041
Target 2: 0.018025
Target 3: 0.019755
Target 4: 0.021574
To set laddered...
Our scenario hasn’t changed much today. Most USDT pairs are forming either a bull flag or pendant. Some coins like ZIL and ICX have already broken out of this formation to new highs. ICX raising about 4% from its previous high and ZIL raising about 10%. These could be predictive of BTC and other USDT pairs eminent move.
For BTC the upwards pressure is so extreme...
AGIBTC is at the bottom of a trend channel start September last year. It’s most recent low does not bring it below the low on March 11th. Momentum is oversold on the daily time frame and we have positive indicators on the 15 minute / 1 H timeframe.
Our first target is within daily oscillations. With later targets anticipating a reversal up the trend channel. We...
BTC is seeing a nice bear flag form on the four hour time frame. Other assets have rebounded from yesterdays lows.
Although it’s tempting to swing trade within this flag we advise against it as it is difficult to time when BTC will break this formation and reach out for the next resistance zone. Be patient with this trade and don’t profit take too early.
ETHUSDT has sluggishly lagged behind BTCs price movements, following in BTCs footsteps several hours latter.
BTC and ETH remain highly correlated. We expect ETH to follow BTCs moves upwards, stopping at previous support areas.
ETHUSDT reacts more sensitively to price movements, especially pull backs, giving us a good entry point.
BTCUSDT is catching its breath and we expect it to oscillate between 4800 - 5100 over the next few days. The trend is still bullish - we’ve had a breakout and are making higher highs and higher lows. Our first target remains 5600 with a secondary target of 6400. Be sure to take partial profits by 5600 as we expect a bounce from this level. Try to take a macro...
Like the rest of the market, we have been watching and waiting to get a bearing on the new trend. The next major resistance for BTC is at the 5600-5800 mark. And it is highly plausible that BTC will stop and catch it’s breath at this point. We don’t expect to see such a significant rally without a retracement. Even the midst of the bubble market in 2017 BTC...
STEEMBTC is at the bottom of its December trend channel and showing a hidden bullish divergence. We set 4 targets across its channel with one stretch target in the event of a breakout.
0.0000980 - 0.0001010
Target 1: 0.0001111
Target 2: 0.0001229
Target 3: 0.0001355
Target 4: 0.0001490
Target 5: 0.0001695
KEYBTC is at the bottom of a trend channel established early March. We enter targeting a retracement to the top of this channel.
Target 1: 0.00000075
Target 2: 0.00000077
Target 3: 0.00000081
Target 4: 0.00000086
MANABTC was ripped from its trend channel by BTCs breakout. We target a return to this trend channel and a continuation of the previously established upward trend.
0.00001230 - 0.00001235
Target 1: 0.00001284
Target 2: 0.00001390
Target 3: 0.00001640
Target 4: 0.00001876
POABTC little swing trade. We enter at the bottom of the ascending channel started March 18th. We target a return to the channel midpoint and finally a new high. Stoploss is below the previous low. Keep in mind - we expect BTC to retrace tomorrow or Wednesday. Use low leverage/capital.
Buy: 0.00000925 - 0.00000929
Target 1: 0.00000955
BTCUSDT has broken out of its long term trend channel and is hovering near the $4150 mark. We see two potential entries on a pullback:
#1. BTC’s short term trend channel gives us a buy zone of $3960-$3980.
#2. BTC’s longer term trend channel gives us a buy zone of $3650 - $3700.
Be patient and wait for a pullback. Potential targets are $4600/$5400. We will...
ETCBTC has been trending bullish since early March. We see an opportunity for a low risk, high reward trade entering in this recent pullback and bounce from its lower trend lines.
Buy: 4.6 - 4.8
Target 1: 4.9793
Target 2: 5.1367
Target 3: 5.3065
Target 4: 5.4827
Current price for BTC is just brushing and rejecting the long term trend line. We expect a BTC breakout either upwards or downwards in the next 48 hours. Upwards targeting $4600 and downwards targeting $3650.
If BTC has a candle close above 4150 we can enter with a stoploss at 3950, targeting 4600/5000. If BTC breaks down past $3900 we will look at entries...
GRSBTC has been consolidating after a massive price movement on March 19th. We set a few easy targets in the consolidation range and two stretch targets in anticipation of a second upwards movement.
This is a risky trade - we expect BTC to make a move in the upcoming days. Respect your stoploss and use only a small amount of capital.
Buy: 0.00011060 -...