Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. This analysis is provided as general market commentary and does not constitute investment advice.
OMG Coin has great potential. I believe this is one of the coins we will regret we never considered. Its the only coin that has not breached its top. It seems to me as though it has been reacting quite good to the market swings, Although it did not over-react and jump the gun running up. It may be a slow movers but the upside potential is there.
I think OMG coin...
BTC Pushing the top -> Reaching for the high's prior to the futures trading
I anticipate futures trading launching December 5th 2017 to create a third dimension of the market. It will create a flotation device for armature traders. You will be able to know what the market will do based on another indicator. This will also introduce an institutional outlook to...
BTC -> Bullish
After a rejection and whales taking profits BTC Dropped for two days from $11,200 - $9000 Area.. I anticipated a further correction for another two days, But since this market is completely insane we rebounded alot sooner, maybe due to the futures trading anticipation.
Now we are back in an uptrend continuing -> Here is how we trade this market....
BTC Broke Out Of Psychological $10K LEVELS
Many Buyers Came In To Drive The Price To The $11,441 High
After Reaching This High BTC Was Unable To Find Buyers At These Levels, And Gave A Excellent Opportunity For Sellers To Take Profits.
Massive Selloff Between $11,441 -> $9,000
Excellent 27% Drop
Bitcoin Is Currently Rebounding For The $9K Drop. It may pull up...
LTC is a well behaved coin that we should all be proud of. It has been under so much stress with Bitcoin's shenanigans, but luckily did not lose any of its enthusiasm to continue.
And Simple trend up.
LTC to $100 In 30 DAYS OR LESS
Let me start by saying that when I started this chart I wanted to make this as clear as possible. Sorry IF I was unable to do so in my chart...
Chart starts from JUNE 02 2017
Purple Trend Lines
3 Fib retracements
Moving Average 30,60,120
In order to know where something is going you need to know where it came from....
My Technical Analysis Of A Larger Head And Shoulders Formation
Trade Indicators used -
1 - 3 fibonacci retracements
2 - 2 upper and lower channel trend lines
3 - 30 - 60 - 90 day moving averages.
4 - Time Cycles - These are drawn from the previous pattern prior to breaking the $3K Resistance
5 - Head And Shoulders Formation Triangles
Past - Prior to...
So, How does one trade this?
In the case we have a continuation to the upside this is how I would trade it;
New Trades, Open Long Position over $4,500 - with a $4,350 stop loss. If unable to break 5K sell 75%
If we break 5K Hold til $6,500-$7,500 depending on price action.
(EX: On A 1 BTC Trade Your Potential Loss is $150 - Your Potential...
Hello, Here is my vision of a deviation of reversal, It has broke through all major supports and finally found support below $4000. Most likely it started this break down due to stop losses and armature traders. These signals will reconfirm reversal you are welcome to open low positions with stop losses near the lows. All of these trades should be taken with low...
This is a simple clean chart with Fibonacci - So far we have been holding $4500 quite good for the first 24 hour rejection of $5k. If we let go of $4400 - Our next target for the breakdown will be $4200 - $4000 - $3800 and full blown reversal of $3500. Since the sentiment has been good lately, and very bullish, I believe that we will not break below $4000 without...