STRAT about to break outHey guys,
I am happy to be back after a long time gone,waiting for the bears to leave.
I decided to post more often,hoping you might see some value in my work,but i will let the tehnical analysis do the 'talking'.
To get to the point: STRAT is about to finish it's long bearish movement.Hopefully,the triangle that has been formed will break out sooner than you might expect.
How to trade: Wait for the golden cross to be done by the MA's,or set a trade right now,with a stoploss at 3.4k sats.
Target: The .5 and .618 on the fibonacci retracement pattern
None of this is trading advice,as it only represents my opinion on how things will evolve.
If this has been helpful to you in any way,please feel free to drop some change in my piggy bank, or just leave me a review in the comment section.(It would mean the world for me ;) )
BTC: 1FT5eALCLpTKtQDiwQrEvuq51ScXJQqDEZ
ETH: 0x3d2966f2cd842dd4c63cb42991d234b8f07e78b5
For any questions,leave a comment down below and i will answer as soon as i get to see it.
Cheers!
Goldencross
BTC:USD 4 hour chart DAILY UPDATE (day 130)Yesterday we narrowed in on major areas of resistance and outlined why I believe $7,770 - $8,150 will be a great area to build a short. Since then we have shown weakness as the price failed to rally through $6,800. Today we will be checking to see if it still looks like the rally can get to $7,700+ as well as going over the reasons why I am staying out of the market while waiting for further development.
The Ichimoku Cloud on the 4 hour chart just had a kumo breakout , combined with a bullish TK cross and a bullish kumo twist . Please note: I have not found the 4 hour cloud to be reliable enough to trade by itself, if that was on the daily chart I would open a long.
The 50 and 200 period MA ’s on the 4 hour chart are posturing for a golden cross . The price is finding resistance at the 200 MA while the 50 MA postures upward. This is similar to what Bollinger Bands illustrate. The price getting squeezed in between the two MA’s before crossing over is a very bullish indicator for the short term (1-2 weeks). The last time those crossed was on 4/18.
Before the moving averages can cross on higher time frames they must first do so on lower time frames. Therefore we would expect the 1 hour, 2 hour and 3 hour charts to crossover before the 4 hour. As you can see below the shorter time frames have already fallen in line.
The Bollinger Band on the 4 hour chart is starting to tighten and indicates that some volatility is on the horizon.
The Ichimoku Cloud on the 1 day and the 3 day are indicating oversold conditions and suggest that a return to equilibrium is imminent. That is due to the C-Clamp that is evident on the 3 day and widening on the daily.
With so many bullish indicators it can be difficult to remain on the sidelines. I seriously considered opening a small long position on the 4 hour golden cross and adding to it on the daily 12 & 26 EMA crossover that is expected.
While I do believe that this rally has enough legs to get back to $7,770 - $8,150 there are two specific reasons that are making me hold off from opening a long. The first is the visible range volume profile which shows resistance stacked up from here to $8,500.
There are two basic rules to trading which apply here:
1) Trade with the trend
2) Buy support ($5,000) and sell resistance ($6,700 - $8,500)
We are in a bear trend and we are under a ton of resistance. Therefore I am going to stay away from a long. The second reason which led me to this decision is the TD Sequential which is currently on a green 6 out of 9. That indicates that the entry was missed and this rally could coming to an end.
Thank you for your time! Have something to say? Leave a comment! Smash the follow so that you don’t miss out on future updates and remember that clicking the like is good karma!
BNB/BTC 4HAccording to the signals of Ichimoku, the medium-slip signals to the Fibonacci Fan Fibonacci, Fibonacci Fagots. We see several signals for the purchase of BNB. A special important signal is the appearance of the "Golden Cross" by Ichimoku and the predominance of purchases over "Komu" and "Kijun-Sen". With price signals.
$BYOC Continues pushing Up with Threw the Roof Accumulation.$BYOC Beyond Commerce has made huge strides in the last 9 months, successfully acquiring a major revenue producing company with over $25 Mil in revenues uplisting to pink current, publishing a brand new website and reducing the float of the share structure by 300 mil. However that is just the tip of the iceberg of updates to come, and as can be seen by the technicals of the chart the accumulation is threw the roof with every technical in bullish territory.
I anticipate the start of the next leg has formed a comfortable base right now down between .08-.10 and is gearing up for the next push past .25 and into the .50's territory with the next set of updates to come. After that it's $1 then eventually by this time next year I anticipate us to be in the $5+ territory with a newly reduced O/S and A/S coming down the road as well in addition to several more acquisitions and uplistments.
Overall the future looks very bright for $BYOC
BITCOIN (#BTC): Daily UpdateToday, We saw huge dropdown occured by bearish Rising Wedge pattern. BTC dropped down, below EMA21 and EMA50 again. It can be seen that these two trend lines are a strong opponents for BTC. We saw some false attempts to break EMAs trend lines, but the true breakthrough still did not happen.
Today's goal is to close above $7550, above EMA trend lines. Then targets at $8K and $9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
H&S Inverse ***ON WATCH***W/ Confirmed breakout, PT ≈ 3.7.
Correvio completed CRME aquisition effective today. Also Q1ER w/ EPS miss, but REV beat. HS inverse w/ + daily detected momentum and MACD ready to cross, right after golden cross of 50 & 200 DMA on 09MAY.
$CRZO Golden Cross$CRZO Golden Cross 50d/200d
Monitoring for break-through minor resistance at 26.50. Overall energy looking strong and doesn't appear to be slowing down.
The Last Dead EndWe are now in wave 5 of an up trend and we have 3 scenarios:
1) Bullish Blue count
We will have the EMA golden cross on D1 tomorrow and will smash 10000 and MA 200 resistance with a huge pump and parabolic volume on a strong candle.
The target for massive wave 5 must be at least 10560 (1.618 of wave 1), ideally 11640 (2.618 of wave 1) for the 23.6-38.2% correction to end above 10000 and above MA 200.
Will they do it? We don't know.
2) Bullish Green count
We can pullback in subwave ii (circle) of wave 5, find support on EMAs 50-200 or the rising green trend line, move up to break 10000 and the purple trend line in wave 3 (circle) in a few days with targets 10900 and 11640.
3) Bearish Red count
We will test/break 10000, but will be rejected by MA 200 (currently 10050) and go down to 7750. We might have a weak golden cross (will cross back down immediately) or a near miss of EMAs on D1.
We can also start correcting any time now since 9900 is 100% of wave 1 and we have hit the purple trend line.
Breaking the rising green trend line and 8800 will invalidate bullish scenario and confirm the ABC correction.
Resistance levels on the way up that can bounce:
10000
10050 MA 200
10850 resistance level
11180 or 11500 38.2% retracement depending from which wick you draw the fibs.
In favor of the up trend:
- we started making a golden cross on D1
- $10 bln daily volume
- we also have breakouts from the down channel/golden cross on D1 in all cryptos (see Litecoin, Ethereum):
BTC - breakout, below MA 200, golden cross
ZEC - breakout, below EMA 200, no golden cross, but possible soon
DSH - breakout, below EMA 200, no golden cross, but possible soon
BCH - breakout, recent golden cross
ETH - breakout, recent golden cross
XRP - breakout, recent golden cross
IOTA -breakout, no golden cross, but possible soon
EOS - breakout, no cross, EMAs fanning up
LTC - breakout, no cross, EMAs nearly missed, goes up
OMG - breakout, no cross, EMAs nearly missed, goes up
TRX - breakout, no EMA 200, EMAs fanning, goes up
NEO - no breakout, no cross, but possible soon
XMR - no breakout, recent golden cross
These prior moves/pumps on alts are inexpensive compared to Bitcoin. The market makers use them to shift the market bias to the bullish side and instill confidence in traders in the up trend of Bitcoin.
Also watch volume on ETHBTC and LTCBTC. They may be trading BTC for alts to dump them and get more USD to pump Bitcoin.
Good Luck!
This is just an idea of things to come, not a financial advice. Please do your own research, I'm not responsible for possible losses.
$ADA C&H and golden cross forming on the daily candlesThis chart is starting to look REALLY good... the cup is formed, and now the handle looks promising. The fact that it coincides with the first ever daily golden cross for Cardano is extremely bullish in my view.
We may see a slight pullback while the handle forms, then I expect the subsequent rally to be fast and intense. #fingerscrossed
Let me know what you think in the comments.
The Bermuda TriangleWe have formed a sort of incomplete triangle (abcd), a leg e down might still happen, but there will be no regular zigzag correction to 8500.
The triangle can also transform into a trading range in the next few days until we get the cross.
We can also have an abc flat with truncated c instead of a triangle and continue to move up. Or this can be a completed X wave with the next big move down. (not likely)
Expect a larger breakout to either side after volume consolidation. A fakeout to the upside is also possible.
Here's what can happen in the Bermuda Triangle of Bitcoin:
1. EMA 50x200 golden cross on D1 + pump with high volume => we break 10000, go up to 12000
2. EMA 50x200 golden cross on D1, no pump, low volume breakout => bullish fakeout, we won't reach 10000 or even 9800, max 10200 (50% yearly fibo level). Then go down.
3. no EMA 50x200 golden cross on D1, no pump => a further move up can't be sustained, so we go down.
Watch for the golden cross on D1 and, ideally, a huge pump. And by the looks of it we might not get either.
Note that EMA (normal lines) are not equal to MA (dotted lines), red = 50, yellow = 100, blue = 200.
So, we can have a possible EMA cross, and can be still below MA 200 at the same time. MA 200 is a powerful resistance which also coincides with 10000 (strong psychological level).
Swing traders usually buy immediately after the golden cross on D1, or after the first pullback to MA. Some of them are using EMA, others MA.
They look for a strong candle on high volume for confirmation. Don't expect lots of buying without a pump.
The move up is happening too early and on low volume. CME futures have just expired - the market makers already took their profit. So, why would they pump now?
They would probably wait for the market to settle down/go up a bit and then crash, establish a trading range, then make their next move. This have happened before.
And remember, there are some mighty bears sitting high at the tops of the trees and they will come down at the bulls in full swing.
Here's what happens when we don't get a golden cross and EMAs nearly miss (Point 3):
Up trend pros:
- indicators, momentum, bullish bias, expectations of a golden cross
- the last leg of triangle (leg d) can be "the change of character" similar to the triangle at 6400 => means that the market makers have bought up the asset and are done with the range, ready to move the price up.
the breakout upwards can be the start of a next wave of the up trend.
Good Luck!
This is not a financial advice. Please, don't trade based on my analysis only, do your own research.
VERGE (#XVG): A new opportunity to profit? YES!Hi Gyus,
lets's take a look at 4H TF XVG Chart - which is pretty bullish :-). MACD is in good shape, RSI is slightly overbought. Also pay attention to possibility of Ichi Bullish TK Cross and EMA21/50 Golden cross. These indicators predict XVG to growth.
Sell target =pink Fib Retr levels
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
Scientific Games Corp. Dailey. Long-setup.
It has been a few months in a little sideway trend and finally broken up over it, after all, it has also tested it as support.
It shouts it will get higher, people took their winnings. 47.70 (Fibonacci extension 1.618)
Something I've also noticed that it also respects Support / resistance.
It is currently on a resistance level, I think it will continue.
It just made a golden cross.
Think it will test and test: 54. And then will bear take over and leave the bulls, get a break before they will again rise.
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 10) --> +40%Welcome to my 10th segment in my golden/death cross live trading analysis series! My strategy is simple: trade the waves and lock in profits. We're making USD on long segments and making BTC on short segments. Forget trading on the absolute highs and lows, we're trading on reliable signals that have been successfully backtested and confirmed in this analysis! Don't believe me? I'm not calling shots after the fact, so go back and see the other trades. We've lost money on a few but have made a lot more than we've lost!
We're still on our 5th segment here, and the metrics are as follows:
Segment 5
04/08/2018 - BUY $6,900
04/25/2018 - SELL $9,000
TBD - BUY TBD
Beginning ($): $10,700
Ending ($): $13,950
Beginning (BTC): 1.55
Ending (BTC): TBD
This was by far our longest bull run here, and we locked in a bunch of profit because of our previous gains against BTC! Let's keep up this magic! Stay tuned for my live trades!
DNTBTC short-term (slight pumps ahead)Back to DNT/BTC after its peak 1050. Now I see the chance to pumps up slightly with the golden crossed.
Why "slightly" cause I see RSI isn't having much room for growing.
The support line of the symmetrical triangle works well, aslo for the RSI.
Stragtegy:
- buy area is from 900-980
- stoploss 850
Target:
- target 1: 1070
- target 2: 1401
Happy trading!
Linh,
Adam & Eve + Golden CrossHi all,
Salt has been in a downtrend for a long time like most of the altcoins and price is a real bargain atm. It retraced all the way down and uptrend is ready to begin.
Adam & Eve formation is about to be formed ( better on dailiy chart ) and there is a golden cross on 4h.
Volume increase is also seems great.
ON WATCHGolden Cross pending on hourly w/ + Momentum ready to begin on daily and MACD pointed up on 0 is an overall good technical indicator. Volume profile matches typical H&S.