Stop loss is defined as the termination point of the falling wedge pattern (pink lines).
ETF announcement is ~the yellow line (weekly timeframe won't highlight Sept. 30)
Beware of a flash crash if we test so-called "Grandma" - it seems unlikely to me that the market will let BTC get as low as $4500. The nefarious, smart money plan would be to keep it just out of...
BTC has been bouncing between $6200 and $6600 for the last two weeks. Although today's ETF review is occurring, we don't have any particular reason to think the decision would change.
Risk seems perfect to me. Do your own research.
Our recent point of major confluence validates, for me, two major patterns Bitcoin is exhibiting right now.
We seem to be in a bearish descending triangle, which is due to terminate around 16 September. Third touches of trendiness can often be false breakouts, so be careful for a bull trap.
We can say with even more confidence, however, that we are currently...
Someone with enormous capital is watching/buying BINANCE:ICXBTC .
After we hit our temporary bottom at 0.0004303, an enormous buy order was executed at the very next confirmation of our higher-low pattern.
We're finally seeing some dip-buying lower wicks to rival the enormous profit-taking upper wicks we've seen lately.
Someone is accumulating ICX, and with...
This is not financial advice. Do your own research. Never invest more than you can afford to lose. I am not responsible for your choices.
But I like this setup for BINANCE:VIBEBTC --
TARGET 1: 0.00027672 (72%)
TARGET 2: 0.00050000 (180%)
STOP LOSS: 0.00011132 (-30%) (0.00012971 if you're feeling anxious)
This is a critical moment for POWR , as it breaches two of our most significant trend lines, highlighted in green, which could push us higher into the larger ascending wedge pattern.
Potential problematic resistance is highlighted in pink.
I've been following BINANCE:ICXBTC since their ICO (icon.foundation). It's a truly remarkable project, with futures being traded on HitBTC for over a month now. The price as been as high as $8.00 on that platform, and has "leveled-out" with the launch of proper ICX trading on Binance (www.binance.com if you haven't signed up...
BITTREX:POWRBTC is nearing a 4 Hour MACD cross within a generally upward-trending channel, designated in blue. Note the declining volume as we ascend. We've previously seen our biggest POWR gains to date under such conditions.
At the time of publication, we're experiencing a very nice bounce off of the 0.618 Fibonacci Retracement Level. We seem to have strong...
BITTREX:NEOUSDT is finally starting to have enough data on longer timeframes to be of use. This analysis uses the weekly chart.
In this example, I've marked all of our prior, significant, bullish price shears and their respective corrections.
RED ZONE - 76% pullback
GREEN ZONE - 42.5% pullback
PURPLE ZONE - 39.5% pullback
The colored zones moving ahead...
After a double-bottom bounce at $9.78 one week ago, QTUM is currently on a week-long bull run, reaching prices as high as $19.78, which is well within striking distance of the all-time-high.
Large upper wicks of profit taking could indicate antsy token holders –those who bought near the all-time-high, have been disappointed by the price action, and are looking...
POWR appears to be approaching a key resistance of its general downward trend. Two scenarios I'm looking at are a possible breakout to the 0.5 Fib level (0.00007321), which could represent an end to the downtrend, or a rejection that retraces at least to the current key support (~0.00006), in keeping with the current trend.
If POWR breaks bearish, there's a...
This is not financial advice, and so forth. Given my position and situation, I'm considering re-entering POWR .
We finally look like we're approaching a bullish MACD cross on the 4 Hour, which is when we saw our last major upswing occurred, however given POWR 's newness in the market, I'm hesitant to call new all-time-highs just yet.
We're bouncing off of a...
If you haven't read the POWR white paper, do so.
After reaching all time highs just shy of a dollar/0.00011757 satoshis, POWR continues to consolidate. At present, we've retraced ~34% from the peak.
We're looking good on the 4 Hour MACD, with the RSI trending toward oversold conditions, but don't be surprised if the bears test the 0.236 Fib level (0.00007116)...