Don't miss the great buy opportunity in NEOBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 82.
Take Profits:
TP1= @ 0.001700
TP2= @ 0.002100
TP3= @ 0.002725
SL= Break below S2
Btc-bitcoin
A tale for Bulls.Traders and some people are still biased bullish after we broke the long term support trend line , the market is trying to say something follow the trend MA's are curling down price is out of the weekly Ichimoku cloud my next confirmation of a longer term bear market will be if we have a monthly MACD cross ,3 day CMF going negative , weekly RSI going below 40 , Volume is drying up and it only picks up on the sell side, on the flip side people are misleading others to buy the dip if you are a pro you can buy the dip and get out but if you are a retail investor wait for the right moment let the scales tip, Next misleading fact institutions are buying lets be realistic here they are not stupid they have fund managers and TA analysts with vast years of experience and they wont buy in unless there are clear signs of reversal.
I am neither a Pera bull or a Perma bear , I just follow what the trend says. Now as I am doing this full time I'll keep on updating this chart every Sunday as the timing of this correction might change or a particular wave gets invalidated. Shorted my positions at 15500 and 13000.
We Broke & Closed Below The 200 Moving Day AverageThis has never happened in all of Bitcoins history during a bull run; there is a likely chance we are back into a bear market and could see declines below 6k. Be careful trying to make an entry as more pain is likely over the next few months.
Also worth noting is that the all time high hash rate is placing a great amount of pressure daily as miners dump bitcoin to fund expensive operations to keep the lights on (though they usually try to hold off on selling as long as possible, eventually they need to sell). The high hash rate is a double edged sword. We are at a far higher difficulty than when the equilibrium could not be sustained at 6k.
TRX/BTC mid/long term Signal TRX safe buy zone 262-322
Target 1 - 373
Target 2 - 413
Target 3 - 471
Target 4 - 529
Target 5 - 607
Target 6 - 662
Target 7 - 715
All targets will be achieved in the long term. Be patient and trust Justin Sun !
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Bitcoin (BTC) Update 04-Jun-19Hi all!!
Good day! In my previous post , I explained about how the bitcoin parabolic move could end and mentioned the targets and now the target 1 is reached which eventually gives the good Short opportunity.
Find the short position targets in this chart.
Let me know what charts to be analyzed in the comments.
For more updates, follow me here .
~RPS~
Bitcoin (BTC) Update 21-May-19Hi all
Good day! In my previous post , I mentioned Head & Shoulders Pattern was forming. But the pattern was invalidated by breaking the shoulder line.
Now we are forming the "Inverse Head & Shoulders Pattern" in the chart. The neck line should be broken to confirm the pattern.
As you can see in the chart, the head and shoulders top is used to predict reversals in downtrends. This pattern is identified when the price forms left shoulder, head and right shoulder inverted with a neck line connecting the head and the shoulders . The target is equivalent to the height of the head from the neck line.
With this, we can project the target price 9640 for the bitcoin parabolic move, which will be followed by huge correction.
Hope you find this useful.
Follow me here , for more updates.
~RPS~
BTC Update 11-May-19This post uses simple technical analysis with major trend lines to give answers to major questions that are going around.
Here are they.
1. Have we entered Bull Market? - YES
2. Can the price go higher before major correction? - NO (Red Line)
3. How much low can the price retrace? 4800 - 5200 (Green Line)
4. Can the Bear market continue from now? (YES - When the price breaks Yellow Line)
5. Are we done with the current uptrend? NO (Target 7400 Max 8200)
Post your questions in the comments.
For more updates, follow me here .
~RPS~
BTC Update 08-May-19In my previous post , I mentioned "Spinning Top Bearish Trend Reversal Candle" appeared in 4h chart.
Now it's supported by "Inverted Hammer Bearish Trend Reversal Candle" in 1D chart.
Technical Observations below.
------------------------ Price Action -------------------------
1. Channel Complete with ABCDE Wave Pattern
2. Price Action must come out of the Channel
3. Bearish Inverted Hammer Candle appeared
4. Huge RSI Bearish Divergence
------------------------ Conclusion --------------------------
1. Price Action will leave channel bearish.
------------------------ What If ------------------------------
#. Price Action leaves channel bullish.
1. It should be a Fake Out.
2. The trend reversal should be inevitable.
----------------------------------------------------------------
For more updates, follow me here.
~RPS~
A trading opportunity to buy in DSHBTCTechnical analysis:
. DashCoin/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023000 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023000)
Ending of entry zone (0.021000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.026780
TP2= @ 0.029000
TP3= @ 0.031150
TP4= @ 0.032790
TP5= @ 0.042210
TP6= @ 0.049820
TP7= @ 0.057430
TP8= @ 0.082010
TP9= Free
A trading opportunity to buy in REPBTCTechnical analysis:
. AUGUR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trade Setup:
We opened 13 BUY trade(s) @ 0.00198304 (day close price) based on a reversal candle ( Valley ) at 11.21.2018 .
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00222600
TP2= @ 0.00242400
TP3= @ 0.00260000
TP4= @ 0.00301760
TP5= @ 0.00348630
TP6= @ 0.00411590
TP7= @ 0.00461120
TP8= @ 0.00570000
TP9= @ 0.00654000
TP10= @ 0.00810000
TP11= @ 0.00966000
TP12= @ 0.01470000
TP13= Free
BTC Inverse H&S Pattern Analysis Hello everyone this is my first post on Trading view hope this will work.
We can see Inverse H&S Chart in BTC but this chart is incomplete if it will complete with breakout we can see BTC on $5500
use stop loss on $3550 If the bears plunge below $3,550,we can see a fall to $3236.
Thanks For Watching
There is a possibility for the beginning of an uptrend in SBDBTCTechnical analysis:
. STEEMDOLLARS/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015600 to 0.00013100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015600)
Ending of entry zone (0.00013100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00019800
TP2= @ 0.00021500
TP3= @ 0.00025500
TP4= @ 0.00031580
TP5= @ 0.00049700
TP6= @ 0.00051700
TP7= @ 0.00060700
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
There is a possibility for the beginning of an uptrend in RVNBTCTechnical analysis:
. RAVENCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000400 to 0.00000330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000400)
Ending of entry zone (0.00000330)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000510
TP2= @ 0.00000604
TP3= @ 0.00000698
TP4= @ 0.00000815
TP5= @ 0.00001000
TP6= Free
There is a trading opportunity to buy in POLYBTCTechnical analysis:
. Polymath/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002980 to 0.00002470). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002980)
Ending of entry zone (0.00002470)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004290
TP2= @ 0.00004740
TP3= @ 0.00005220
TP4= @ 0.00006420
TP5= @ 0.00007790
TP6= @ 0.00009160
TP7= @ 0.00011100
TP8= @ 0.00013570
TP9= Free
There is a trading opportunity to buy in MONABTCTechnical analysis:
. MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00021870
TP2= @ 0.00025680
TP3= @ 0.00030700
TP4= @ 0.00034550
TP5= @ 0.00041500
TP6= @ 0.00050240
TP7= @ 0.00063110
TP8= @ 0.00070000
TP9= @ 0.00089100
TP10= Free