Patience
Bitcoin Cash - The real digital currency with purpose !! BItcoin cash is the real Vision of Bitcoin " Ask how " Satoshi vision was to create global decentralized currency not an asset. As you already know that CBOE and CME already added Bitcoin to the future's market and whole trend of BTC has changed in other words " XBT has moved to big stack gaming table " and the small players can stay aside on VLTs aka cheap ALT-coin. I know you don't want to wake up with 1BTC ~= 1BCH but honestly it could happen and all I'm saying that have a 1-1 ratio without emotions.
Anyways, Bitcoin cash was created with a purpose to enable merchant level payment so people can pay bills or buy stuff and that's not rocket science just like other UTXO coins. For example : Doge was created to " Tip" and that's good.
Available UTXO coin in the market.
- BCH
- LTC
- DGB
- Vertcoin
- DOGE
Prognosis BTCEUR end of JanuaryLet's start with a disclaimer: I'm not an expert and only started looking into cryptoforex a week ago. So use this idea at your own risk ;-)
The idea is not all mine. In fact, I've heavily adopted this idea from another user here, named TAS (his idea here: ), pretty much copying his equilibrium and discount price levels.
Yet I strongly believe in a long term market trend (see also the latest advice given by Goldbug1 here: ) and thus incorporated the general uprise of BTC in this chart as well (the yellow diagonal surface), assuming the market price will eventually stabalise around that center line once again. With such a volatile market and uncertainty, I enjoy the feeling of looking a bit further ahead and making my trades with my horizon a little bit further up the road. Just like when skiing moguls, looking further ahead makes the bumps look smaller.
Curious to see what happens, BTC seems to dictate heavily the other coins like ETH and LTC as well. We'll see. Happy trading.
Don't PanicLooks oversold on the 4 hour, lets see how the candle closes. If BTC consolidates above 12k those who sold vert will want back in.
DGB USD - slow and steady wins the raceThe Chart is logarithmic not linear. Basically a long term investment opportunity. HODL
This trade is only valid for the long term investors with strong patience. The bearish trend is almost turning into bullish but a slow burner ;) DGB had a long bearish trend because of so many weak hands and charts doesn't show any day traders swing but recently there's an accumulation of the coin is going for the long term investor or who knows whale or DGB team buying back anything less than 0.08. The day trader will jump once coin reach target of $0.025 and public jump will be seen after the all time high which will boost the price upto 0.20 cents or maybe more if the BTC value of $14,000 above.
There's a new era starting for the Crypto with BTC as the market stability digital asset with combination of trading coins and some other Digital asset. Market cap is growing with the 10x logarithmic, which is clear to see a 500+ billion of market cap very soon.
Note: Only long term investor with rock solid patience . Trade will open once it reaches all time high of $0.06 cents. Please don't refer to timeline for your target as crypto is volatile market, anything can happen in a minute.
In case someone wants to get pumped, read the article just be realistic.
steemit.com
GBPJPYNovember 5th-10th outlook:
Where can this go after last weeks Rate hike 25%?
Looking at past technicals on the Line chart. There shows to be many Head & Shoulder formations (dating back to 12/16)
Possible Outlook:
1. Price remains under the 150 handle. Seems to be major resistance.
2.The week after NFP/Rate Hike seems to be choppy. So ill wait till midweek.
3. Preferably I would like to see a retest of 150 or even 150.702 and short to 147.500ish area.
5. Fibbonacci levels of PRZ are 61.8 and 38.2
6. If price breaks 150 and shows a bullish attitude I will wait.
7. RED: Major News Friday (Man U cost.)
8. Bulls are NOT the play. Wait it out. Real move may happen next week. 11/13
9. Look for Candlestick formation/TL etc for confirmation
10. Look for Impulse leg to form and trade it
Overall Bias: Short
BTCUSD more for the short, but still uncertainGood evening. However, it is in my area only i guess, so just greetings!
As i said yesterday, the situation about bitcoin became a bit clearer, but still any outcome is possible and i`ll explain my idea.
Chart shows us very good devirsion, that became the starting point for the big movements several times in the past. BUT, the situation is very interesting: we are coming to the strong resistances at 4150(black line) and 4300 (fibo), that can set the reversal movement. However, getting to 4300 can knock out short orders, and there is quite a lot of them, so they will be a fuel for the rocket.
To be honest, i see some similarity with the situation in june 2017 , but i dont think we gonna get new highs without rest in this case. And one more detail that makes difference between that time and now is the stronger signs of devirsion.
Synopsis: TA talks for the short. FA has some issues.
I read the book right now, and the author sais there something like this: "If you dont know what happens further and dont know what to do, then you are not ready to be trader" I dont agree with that, because expectation is certainly not the inactivity. Inactivity is close to the concept of indifference. And we are not indifferent, we are interested in decreasing our losses and increasing our profits.
Be patient and you will certainly succed!
P.S . Ivan Guskov is my real name. Im from Russia and im a student of a medical university. I got into crypto trading few months ago with the hype wave about Bitcoin . I tried my best to optimize all my resources to get some good results in TA and FA in the shortest time, and im going to learn more details to make my predictions accuracy near 90%, i believe it is possible. Also im going to publish intraday predictions soon. And i have a favor to ask: if my predictions help you in some way, please help me with any donation. My finansial statement doesnt allow me to start trading and have any profits. So i`d like to save up 500$ to make a deposit and buy tradingview pro pack. btc wallet 3Kf42NKeG7YLCJtxBGmEN79JWyyBdfqeAM. I`ll close the donation recieving after obtaining 500$ with report and screenshots.
Thank you for attention.
BTCUSD AnalysisLooking at price action it seems that the move up was not a change in trend it will still be headed back down into the 2400-2500 area. I'd definitely say buy it then and there because looking at the zone in the past you can see that the price held up meaning there will be a lot of support.
also 78.6 fib line is in that particular area. seeing how price never closed past the 50 fib line or the 50 EMA it shows that the trend has not gotten back into bullish just yet. BUY once BTCUSD hits that buy zone(yellow box)
AUDUSD SHORTThis pair has been on my radar for a while and I have also been in this trade with 2 positions from where my predictions starts. It is a slow Monday ATM for this chart but i am expecting a breakout of this pair to the downside as price broke resistance but has now falling back into place. This price action has taking longer than expected but still in profit.
PATIENCE IS KEY!!
FALL, FALL, FALL
0.77190 as support but TP at 0.77525 to allow for margin of error.
History repeats.. Or something like that right?Back tested all gap fills from November 2016 that were below $5 (chart was too distorted if I used the gap fills in the $15's. Target is anywhere from $2-$5 by end of year.
NXTBTC maybe a long opportunityI think if NXT can climb up the daily green ichimoku cloud it would be a sign of strength and possibly the start of a new impulsion. Wouldn't buy in the retracement zone because of recent blood baths across the map of crypto world. Patience and look for signs of strength!
Happy trading,
T