If you would look historically each time RSI hits 20 on the 4h chart we see a bounce playing out
I will be buying up some BTC here @ $7,500 to sell at about $7,850 as the target. Placing a stop here is very inconvenient so it's very risky :O
Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade.
RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern.
Favourable Risk to Reward here
Entry: @ $1.68 - $1.61
Stop-Loss: @ -8%
TP1: @ $1.96,
BTG has been crashing continually through out the whole bear market, you can consider this as a "dead" coin. When it's dead it's usually the time to load up on this shitcoin. Looks like a smaller scale alt season is coming up, so I'm preparing myself to load up on some BTG.
Entry - @ 0.0055 ~ 0.006
Target - @ 0.012
Stop - 10%
I'm betting on this to be the bottom,...
This channel show in the chart is a extremely significant support, it has been carved along the way in 2017 for a long time. If this channel breaks we can see bearish movement towards the next supports @:
Very choppy price action recently, stay safe in trading :D
As you can see from the chart it's interesting to watch whales playing games on this coin. Always retracing over 90% each time from the top to the bottoms. Because this coin has not done anything apart from acting like a pump and dump, i'm assuming its going to dump all the way to:
- Entry: 23- 13 satoshi
- Exit: I would go for anything above 300%-500% my...
Just looking at this chart, you can clearly use a market cycle cheat sheet to compare the two and try to determine what will happen next.
- Notice the volume at the bottom, to me this looks like accumulation for the next pump cycle.
- Entry : $3 - $4.20
- Setting targets near ATH, tp1 : $5.50 tp2 : $9.20, leave rest to ride :D
It seems that populous is being accumulated here, which the volume spikes and bottom indicates it. Usually investors buy a coin at the bottom of a market cycle and accumulate the tokens before a major pump, I'm expecting an altcoin season to play out and populous to follow. A good coin with fundamentals :D
- Buy zone = 10,000 - 20,000 satoshi
- Sell zone =...
As you can see bitcoin has complete a rising wedge, in my opinion this is due to a equilibrium pattern forming here leading to about 10k for it progress to completion.
- I have the targets and stops set on the chart. :D
This coin has a lot of bullish potential, as you can see from the chart the price has painted a huge triangle which can indicate a breakout and profit opportunity. You can set buy orders in the green box between 8,000 - 10,000 satoshies and set a target of 20,000+ satoshi. I would also like to mention bullish MACD cross upcoming if the price in fact would...
I see a symmetrical triangle forming on the 4h, usually consolidation patterns for me are the best ones to buy when there is a trend forming in a bullish coin.
Entry: 0.0035 - 0.00435
Target: 0.008 - 0.012 (100% profit) Anywhere above use stop loss.
Stop: 0.00315 - 0.0031
Because the whole market is resuming bullish i expect this trend to hold, if not...
CIVIC is proving the point of a very bullish trend that is forming right now, if your not in (CVC) buying the breakout is my style of play which i will be playing. No targets placed. i'm only going to use stop losses in case we suddenly break the trend, but at this point i'm confident its going to continue to head upwards.
In my opinion I would consider taking profits on many of my positions, the market hasn't recovered enough to prove that market is going to go up now. I would expect a test of the 10k bitcoin support because of the rising wedge pattern it is making right now. Always look out for proof that short or long term trend has reversed or not.
In bitcoins history we have seen many 1,2,3,4,5 elliott waves play out and double bottom in between waves therefore potentially buying the dip now can reward you very nicely, have a stop loss set below the neckline in case we start seeing more bearish movement
The graph of bitcoin to ethereum looks like a good setup, however i am very caution because of pump of bitcoin which could bleed the altcoin market substantially. I'm expecting a consolidation phase in bitcoin right now so this would give a-lot of time to grow for the price of ether.
- Enter at breakout (0.0345)
- First take profit at (0.06), Second take profit...