On my last NMRBTC analysis- it definitely looked like it was shitting. We seems to be in accumulation phase - seems like LH, LL has gone . This might be a great place to accumulate and stoploss should be below the ATL red line RISK/REWARD seems awesome.
Quick FA= Masternodes work in progress and is going fine TA= Looks like we might once again go to the support zone before going more up. The bottom seems in and we have a good reversal confirmation. Let's see where we go next. Overall i am long but market might give you better opp to buy at a bit lower price . Keep eye on this
Hey guys- Kraken sucks If you guys are in US. what you use other than polo and kraken for Margina trading?
If you read my last post on Elliot wave theory- Than A is perfectly completed as expected- Currently my views are neutral and i am waiting for either signal for a possible trend, On 4HR TF= Everything looks oversold and MACD and RSI might become bullish for short term . I have show two target for either scenario. If we break the red 5560 support line- next move...
Hey all- As you all might have seen my different perspective based on trend lines and indicators. This one is dedicated to Elliot wave If history repeats itself and we have a top already @ 6.2k levels. This is how it could potentially unfold. Last rally was retraced to 38.2% and based on that the target range is 4.2-4.3k levels. Just keep in mind that new ATH...
Not encouraging to go long but we could see oversold bounce to 5850-5900 levels i closed my short and will reopen if reaches there.
BTC USD perspective: We saw a small dump to previous ATH as i had mentioned in my last post. I was short from 6.1 and i closed my positions at 5.85k . Right now i sit in fiat and wait for the market to tell me the next trade. Blue line in between is very critical and that's where major resistance is for bears. If that breaks, 5.2 k is the next target. You might...
ETHUSD perspective: Again kinda worked as expected. Market seems to gaining a bullish momentum overall and this ain't a bad place to go long . The blue box- 277-287 range is a good point for a possible long term (15-25 days) hold. The green is support and i wouldn't sell until that is broken. One could argue for possible H&S forming on ETH but could only see a...
Will keep this simple. Blue parallel lines are buy zone Green is potential 1st Target- If broken the next target is the Red line. i would take profit at that level. Stop loss should be just under the blue buy zone. 40-42 is than the next buy support.
ETHUSD FA and TA FA: as you all know about upcoming Metropolis hard fork and PoW to hybrid PoW and PoS protocol change, Following are things i am looking right now on ETH As mining ETH will be difficult as difficulty increases exponentially and also the decrease in block reward will result in pure PoS consensus protocol On a large scale this will be the 1st PoW...
What a bull run! did not expect to hit 6k so soon. This is euphoric and overwhelming. Well some of you might have had great gains in short time. If you did not, don't worry- this sort of market keeps on giving you life changing opportunity. So how does it look right now? Well it definitely is very tempting to short but shall we? what if it hits 7K? Sure...
I have never kept my money in ZEC- when it pumps on bitfinex and if i am lucky to be in front of screen- i go to kraken and buy there as it is really slow . I was lucky last time when it pumped 2x . got 20-25% on that short hours trade. You can buy at the base line( 150-165) and keep it for few days I got this request from two people- so just my two...
BTCUSD 1D perspective: Touching the upper trending line once again and now we have a divergence on both MACD, RSI and Stoch RSI. Be careful. Trade safe #scarylong
Flip a coin guys. BUY/SELL the breakout. Overall risk is higher in buying than selling as momentum on larger TF looks shifting to bearish.
!st of All- on a daily TF- indicators are telling that market is bearish- We still could see a rally up before fork which might create divergence and than it will have a major correction. If this correction is not over - We are headed more south- It bounce from 5130 to just touch the base line of cloud on 1HR TF. Still under cloud and could see again 51--...
Finally on 1HR TF- price is below the base line. If it breaks 5630- i would watch out for bulls but it might touch that line before going south. This is just my short term prediction based on cloud. 5280 is where next support should be