Cryptotrader
LTC/USD Critical Point SpottedHey folks!
No time to explain...straight to the chart:
LTCUSD is about to break its local resistance level (see previous structures that confirm this argument). Moreover, according to the Ichimoku (20/60/120/30 - perfect settings for crypto currently) the price is about to complete the breach and hence there is a strong indication for the price to go even higher. MACD - overcross spotted! RSI is steadily climbing higher. In general, if you look at Fibonacci retracement 38.2% - this is the next critical level which if breached opens the road to 61.8%. If you take a sharp look at the Fibonacci Extention line 38.2% you can notice that this line almost perfectly aligns with 38.2% of Fib.Retracement which combined is a strong price level for LTC.
The market is currently in favour of crypto and it looks like we are in a "recovery" stage. Though, not entirely.
Anyways, plz always do your own due diligence. I am waiting for the resistance level breach.
One last bitcoin drop is inevitable - price will test 4000-4500kBitcoin tested 7k level last month around 18th march post which it jumped to 9k level by 23rd march. My initial though was, is bear market over? are we starting with next run?. I was patiently waiting for some of the major resistance to be breached. End of march, bitcoin again tested 6.5k level and has been hovering around 7k since then. This particular junction is very critical for bitcoin as it could end the bear market or lead bitcoin to test lower lows. I looked into couple of metric to decide my future course of action. I started with the VOLUME, and i was disappointed as we were getting relatively low volume which clearly mean that we are looking for one more low. Then i went back to history and start looking chart mathematically, turns out elliot triple wave still into play and could take us to new low. Most of the Alts this session has retracted below 78.6% fib, and bitcoin is still to test it. When i combined these insights with Elliot wave count, i feel we'll be retracing somewhere between 4000-4500k. I genuinely believe that, this is the point where big cooperation backed by VC will jump in to accumulate most of the bitcoin and give the necessary for the next bull run.
Let's see how the price plays in future
Cryptocurrency Ethereum / Bitcoin = BUYThe best entry point to BUY = LONG-TERM
Hello!
Those who want to buy Ethereum for Bitcoin, better wait for the best entry point!
Below are all my exhibits >>>
There are signals that are relevant to this day!
So enjoy your viewing:
Particularly interesting is the fact that by the end of May 2018, Bitcoin will fall to $ 3000.
But before that, of course it goes for about $ 22,000
Here is the last signal for Bitcoin:
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD , D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
But the analysis and signal Bitcoin since January 4.
EURUSD, M
SHORT
Euro/ Dollar = ( Futures 6E) = Sell
The euro came to the targets for sale
ZECUSD , 240
LONG
Cryptocurrency Zcash / Dollar = BUY
STRATBTC , D
LONG
Cryptocurrency Stratis / Bitcoin = BUY
While also going right
NEOUSD, 240
LONG
Cryptocurrency NEO / Dollar = BUY
DOGEBTC, D
LONG
Cryptocurrency Dogecoin / Bitcoin -5.88% = BUY
AMGN , D
SHORT
Stock AMGN Amgen Inc = Short Positions
Sales are canceled, I will try to go out on my 185 - 186 there where I sold it.
BCYBTC , 240
LONG
Cryptocurrency BitCrystals
For the present I hold.
BCHUSD , D
LONG
Cryptocurrency Bitcoin Cash / Dollar = BUY
IOTUSD , D
LONG
Cryptocurrency Iota / Dollar = BUY
XRPUSDT , D
LONG
Cryptocurrency Ripple / Tether Dollar = BUY
DASHUSD, D
LONG
Cryptocurrency DASH / Dollar = BUY
T, W
SHORT
Stock T AT&T Inc = Short Positions
I'm sitting in position, Longevity!
XEMUSD, D
LONG
CryptoCurrency Nem / Dollar = BUY
XEMBTC D
LONG
Crypto currency NEM / Bitcoin = BUY
Cryptocurrency Bitcoin / Dollar = BUYThe best entry point to BUY = Medium term
Hello!!!
I expect a drop of about 7000 dollars for 1 Bitcoin. I can not say exactly when this will happen, maybe the price will fall right away, but maybe first it will reach $ 19,000 / In general, we look and wait, it's better to place limit orders or wait for the impulse to go down.
In addition, a little later, at the end of May 2018, Bitcoin could collapse to $ 3,000, there it is already necessary to buy for a long time
! And until then, at around $ 22,000, you have to take profit.
Many signals are still relevant!))
Every day I see that no Guru Trader can accurately determine where this entry point is to buy or sell)))) It is necessary for all Traders to show the entry point, rather than walking around and pointing out the approximate levels of the rebound .. ....)))
Everyone writes that if the p
Particularly interesting is the fact that by the end of May 2018, Bitcoin will fall to $ 3000.
But before that, of course it goes for about $ 22,000
Here is the last signal for Bitcoin:
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD , D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
But the analysis and signal Bitcoin since January 4.
EURUSD, M
SHORT
Euro/ Dollar = ( Futures 6E) = Sell
The euro came to the targets for sale
ZECUSD , 240
LONG
Cryptocurrency Zcash / Dollar = BUY
STRATBTC , D
LONG
Cryptocurrency Stratis / Bitcoin = BUY
While also going right
NEOUSD, 240
LONG
Cryptocurrency NEO / Dollar = BUY
DOGEBTC, D
LONG
Cryptocurrency Dogecoin / Bitcoin -5.88% = BUY
AMGN , D
SHORT
Stock AMGN Amgen Inc = Short Positions
Sales are canceled, I will try to go out on my 185 - 186 there where I sold it.
BCYBTC , 240
LONG
Cryptocurrency BitCrystals
For the present I hold.
BCHUSD , D
LONG
Cryptocurrency Bitcoin Cash / Dollar = BUY
IOTUSD , D
LONG
Cryptocurrency Iota / Dollar = BUY
XRPUSDT , D
LONG
Cryptocurrency Ripple / Tether Dollar = BUY
DASHUSD, D
LONG
Cryptocurrency DASH / Dollar = BUY
T, W
SHORT
Stock T AT&T Inc = Short Positions
I'm sitting in position, Longevity!
XEMUSD, D
LONG
CryptoCurrency Nem / Dollar = BUY
XEMBTC D
LONG
Crypto currency NEM / Bitcoin = BUY
Clear Buy for Ether/UsD with TP $1220 (Inv. Head and Shoulder)Long position is set in Eth/UsD as first runner i.e. Btc is on same route and Volume is a big support in all crypto right now, with easily recognisable trend reversal pattern, but with not a new high expectation, just a decent rise before a big hit.
Bitcoin Inverted Head & Shoulders Setting Up? $4,309 26Aug17Bitcoin Inverted Head & Shoulders Setting Up? $4,309 26Aug17
Are we seeing a start of an Inverted Head & Shoulders?
Resistance remains at around $4,440 (potential neckline)
Expecting a pullback to at least $4,000 from there we will see...
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator