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💡 Don't miss the great buy opportunity in Ripple XRPUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6273). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ripple XRPUSDT is in an uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 0.78030 TP2= @ 0.87730 TP3= @ 1.00000 TP4= @ 1.06630 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
💡Don't miss the great buy opportunity in Vechain (VETUSDT)Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.01074). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSDT 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. Take Profits: TP1= @ 0.01350 TP2= @ 0.01590 TP3= @ 0.01862 TP4= @ 0.02102 TP5= @ 0.02299 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in VETUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0096). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VETUSDT 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 50. Take Profits: TP1= @ 0.01255 TP2= @ 0.01525 TP3= @ 0.01860 TP4= @ 0.02300 TP5= @ 0.02790 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡ETHUSDT Second Chance: Profit=40% SL=7.5% Reward/Risk > 5.3:1Second Chance Trade Setup summary: Profit targets=40% = {TP3= 4% + TP4= 12% + TP5= 24%} Stop Loss =7.5% Reward/Risk > 5.3:1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (394.10) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP4= @ 444.50 TP5= @ 489.00 SL= Break below 383.50 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 50% Closed trade(s): 22% Profit Open trade(s): 28% Profit Trade Setup: We opened 5 BUY trade(s) @ 367.00 based on 'previous Forecast' at 10.20.2020 : Closed Profit: TP1 @ 383.50 touched at 10.21.2020 with 4% Profit. TP2 @ 394.10 touched at 10.21.2020 with 7% Profit. TP3 @ 408.80 touched at 10.22.2020 with 11% Profit. 4% + 7% + 11% = 22% Open Profit: Open trade is 418.00(current price) - 367.00(open price) = 14% 2 trade(s) still open, therefore total profit for open trade(s) is 14% x 2 = 28% Technical analysis: . ETHUSDT is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡BTCUSDT Second Chance: Profit=22% SL=7% Reward/Risk > 3.1:1Second Chance Trade Setup summary: Profit targets=22% = {TP3= 3% + TP4= 7% + TP5= 12%} Stop Loss = 7% Reward/Risk > 3.1 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (11111) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP3= @ 11442 TP4= @ 11886 TP5= @ 12468 SL= Break below 10840 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 39% Closed trade(s): 21% Profit Open trade(s): 18% Profit Trade Setup: We opened 5 BUY trade(s) @ 10371.00 based on 'previous Forecast' at 2020.10.02: Closed Profit: TP1 @ 10840 touched at 2020.10.08 with 4% Profit. TP2 @ 11111 touched at 2020.10.09 with 7% Profit. TP3 @ 11442 touched at 2020.10.09 with 10% Profit. 4% + 7% + 10% = 21% Open Profit: Open trade is 11333.00(current price) - 10371.00(open price) = 9% 2 trade(s) still open, therefore total profit for open trade(s) is 9% x 2 = 18% Technical analysis: . BTCUSDT is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
Don't miss the great buy opportunity in DASHUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (68.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DASHUSDT 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 62. Take Profits: TP1= @ 73.35 TP2= @ 75.65 TP3= @ 79.20 TP4= @ 89.00 TP5= @ 100.00 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
Don't miss the great buy opportunity in ETHUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (325.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSDT 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 50. Take Profits: TP1= @ 355.00 TP2= @ 377.00 TP3= @ 394.00 TP4= @ 418.00 TP5= @ 489.00 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
7
Is Bitcoin correction really over, or is it a Bull trap?isn't that happen too quickly, i mean just before around 40 days bitcoin prices pumped meteorically from 4200 to 4800 on a rumor of a fake news which was circulated as april fool joke that SEC approves Bitcoin's ETF, and weird thing is that no one panics even after this news was refute. recently we've also seen the tether fud which could have great impact on prices, but simply nothing happened, prices just kept gone pushing higher and higher. clearly big money is buying aggressively right now and most likely this volume is coming from stock market. recently S&P500 has made it's ath around 2950 and lots of investors are taking advantage of this rally and cashing out their profits, why? if you look at current situation of geopolitics you'll see the US-China trade war and tensions between US & Iran both of this situation has put the markets under heavy pressure and fear, fear of a war in middle east and ongoing trade war with China. so which must be the best asset for this freshly released money from stock markets? clearly Bitcoin, three imp reasons, undervalued, high liquidity and massive growth potential due to limited supply. obviously gold, silver and other precious metals are also good option, but Bitcoin is Bitcoin. now am not saying that this is the major reason of bitcoin's rally, that's my own hypothesis, but this could be a major reason most likely. now for a minute if we assume that above theory is the major cause than this rally is the result of fear in stock markets. that means big money which is cashing out could be wrong, and i think probably this rally will end up like a bull trap and we'll see another major low in future, i'll explain it but first don't assume that i am bearish on Bitcoin definitely not, actually most of the analysts including me will tell you that the next major bull run in Bitcoin has started and it confirmed after prices broke and hold 6450 level, and am 60% sure on this, but now we're looking on other side of coin. this rally in bitcoin could fail if stock markets keep moving forward which mostly depends on geopolitics and policies of trump administrations. now I personally think that Donald Trump won't take decisions which are not in favor of markets and economy, coz he had already said earlier that, "war in middle east was a big fat mistake", i think Trump is putting pressure on China and Iran, so he can make better deal with his own terms. you'll get this point if you read the book "The Art of The Deal" by Donald J Trump. if you read this book you'll see that Donald trump likes to create leverage, he likes to have psychological advantage over his opponent. note this points from the book, "My style of deal making is quite simple and straightforward. I aim very high and then I just keep pushing and pushing and pushing to get what I'm after" "The worst thing you can possibly do in a deal is seem desperate to make it. That makes the other guy smell blood, and then you're dead" clearly from above points we could assume what Trump administration is actually trying to do, they keep pushing and pushing with trade war and sanctions against China and Iran, until they became so desperate to deal with the US. If Trump administration succeed to make a fair deal with Iran and China, which I hopefully they do, than stock markets will again start to emerge and most likely we could see a huge dump in Bitcoin. now moving towards the chart as you can see that we've completed the first supercycle of Bitcoin and now most likely we're in ABC major corrective wave. now if the ABC corrective wave has ended on 3200 level in Dec 2018, note that this whole major correction took 364 days to complete, whereas corrective wave 4 of 2014-15 took 630 days, that means wave 4 was 1.73x larger than whole ABC corrective wave, now it's not violating the Elliot wave rules but usually that doesn't happen, you'll also notice that ABC corrective wave was the shortest correction -84%, whereas wave 2 retraced -93% and wave 4 retraced -86%. talking about the moving averages you'll see that in wave 4 (2014-15) prices drop to 200 SMA than rallied to 55 EMA and fall back to 200 SMA retested support levels and then rallied for wave 5. but nothing like this happened in 2019, prices fall towards 200 SMA and then rallied, break 55 EMA, most of the analysts were expecting a drop from 4200 level to retest 200 SMA, but that doesn't happen. now things like this in chart analysis creates doubt on price movements, I see there's a probability of a double zigzag formation, and probably we're now in wave X which goes against the trend and end up as a Bull trap. a normal Wave X goes upto 61.8% of total ABC corrective wave or the wave W, which in this case is around 13500, so the current price movement can go upto 13500 level and if the wave X ends up there than a new wave Y will start from there. usually major corrective waves ends at the top of wave 3 or the bottom of wave 4. but I think that the top of wave 3 around 1100 could be the end of wave Y, or the major bottom of Bitcoin, but if this theory is correct than this whole process could take upto 2 years to complete, and than probably we could see the next major bull run in Bitcoin. thanks for reading, this is Husain Zabir signing out...
BNC:BLXShort
by Husain_Arkghazi
38
Bitcoin Sideways w/ Bullish Tendencies Continues | More AltcoinsBitcoin (BTCUSD) continues with its sideways consolidation as you can see on the chart above. The trading volume is really low so a strong move can happen anytime... On top of the sideways action, Bitcoin is leaning more towards the bulls... Why? Multiple of our signals remain bullish, for example, the RSI is above 50 and BTCUSD is trading above EMA10, but the trading volume is so low that a breakdown is as likely as a breakout. Anything can happen with this low volume. We keep the same view as our chart for Bitcoin vs Tether (BTCUSDT), you can see it below: As long as Bitcoin remains within the light blue zone, additional sideways action is expected. The altcoins continue to grow, hitting higher highs and higher lows... Bitcoin is doing strong consolidation, we remain bullish until the signals turn. Conditions for change If Bitcoin moves lower and closes below EMA10 ($9213) or EMA50 ($9107), its bearish potential is activated and we look for the next support. In the meantime, we are on the bull's side and continue to enjoy the altcoins growth. What's your take on where Bitcoin is headed? Share your thoughts with us in the comments section below. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
TOP 10 Strong Altcoins 4 LongTerm Bullish Potential @alanmastersGood Day & Life! My fellow cryptocurrency lover, I would like to share a trade idea today with a completely different format, so this is something that is requested from me on a daily basis, so here you have it by popular requests. Today I will be sharing a list of TOP Altcoins that are STRONG for LONG TERM holding and at the same time have good BULLISH potential. So the key words here are TOP, STRONG, LONG TERM and BULLISH... This is what we will be looking at from major to minor altcoins. I am hoping that you enjoy this post... Feel free to hit like if you want to now, to show your continued support. Before we get started I need your help! I am going to be writing a series of TOP 10 articles mentioning different categories of altcoins to consider for the top 10 list but we have many, many options, there are thousands of different altcoins... Here is where/how I need your help. I need you to leave a comment choosing which of the following category you best prefer to read about next, as well as share your own variation for me to consider for the next post: (1) TOP 10 Altcoins for Short Term Profits (2) TOP 10 Altcoins with Highest Profits Potential (3) TOP 10 Altcoins with Best Products (4) TOP 10 Most Popular Altcoins (your choice) (5) TOP 10 Altcoins with The Biggest Gains So pick one, or multiple choices, and add your own to the bottom of the list. You can leave a comment and I will share next the list that gets more requests... Remember to mention your favorite altcoins or the one you want me to look at in case #4 wins. Now... Let's get started! Thanks a lot for the support. TOP 10 Strong Altcoins for Long Term Bullish Potential Binance Coin (BNB) I believe Binance Coin (BNB) to be one of the strongest altcoins which you can buy and hold for long term growth, stability and profits potential. Binance is the biggest cryptocurrency exchange by volume and lists some of the best altcoins in the market for us to trade. Binance implemented credit card purchase to buy cryptocurrency and its own altcoin, BNB, can be used to pay trading fees. Here is the quick conclusion, the more the cryptocurrency space grows the bigger and better that Binance Coin becomes. And since the market is really young, this altcoin has the potential to keep on growing more and more. Trade ideas: BNBUSDT BNBBTC Ethereum (ETH) We continue with Ethereum (ETH), which is a " decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference." Ethereum is the second biggest cryptocurrency by market capitalization, second only to Bitcoin. Ethereum has its own "reality" in the crypto space and most exchanges offer trading against ETH. This is a very strong project with huge long term bullish potential. When you look at the long term chart, ETHUSD is basically at its bottom: Let's continue. Litecoin (LTC) Litecoin is the first Bitcoin copycat and has established a reputation as being a very stable altcoin project. Chart: Even though my charts are showing profits potential compared to all-time highs, altcoins can create new highs just as they can create new lows. A new all-high can push the price of any altcoin project dozens of times higher than the last high. All that is needed is a bull run. Cardano (ADA) Cardano is one of the best and most trusted projects out there and it is already being used in different types of commercial establishments in Asia (Korea). The last bull run back in late 2017/early 2018 pushed ADABTC to generate over 3,000% profits. With these altcoins projects being the ' companies of the future ', the potential here is hundreds of times of what we are seeing now. Here is the chart: Cardano is a great altcoin which is strong and can be held long term. Siacoin (SC) Now, we looked at big market cap and famous altcoins, here we will be looking at two smaller but older ones. Siacoin (SC) is a project that has a real working product and has been around for long. It is said that Satoshi Nakamoto, one of Bitcoin creator, lend his to support to this project. And old gem, Siacoin is massively stable and has lots of potential for future growth. This is an altcoin that can grow 5-10X easily within this year, and up to 50X by the next cryptocurrency market bull run... Wait, wait... I know, this is huge, but this is how the amazing/crazy cryptocurrency market works. DigiByte (DGB) DigiByte is another old gem and I am sharing it here simply because of its long term potential and stability as an altcoin project. DGB held its value better than most of the altcoins available throughout the bear market. Chart: BitTorrent (BTT) From old to new, BitTorrent needs no introduction. BitTorrent is a file sharing system that now has its own altcoin which can be used to monetize content and traffic while sharing online. This project is linked to TRON ( TRX ) and has huge massive growth and long term potential. Here you can find our BitTorrent trade, this is for the medium term, long term potential is much, much higher: Basic Attention Token (BAT) This is a favorite for my friend and developer and for good reason. BAT has its own browser which can be used to monetize traffic on any website... The method of payment? BAT of course. This project comes from the creators of Mozilla and is a must-have for any cryptocurrency lover. Ripio Credit Network (RCN) One simple feature got RCN into this list, which is the Ripio Credit Network New dApp. Basically, Ripio Credit Network has a dApp now where you can loan them money and they give you a % back in 30 days with Ripio backing all the loans. This gives out a varied return, monthly/yearly, for RCN that you would be holding anyways if you are into crypto. At the same time this feature can promote long term slow steady growth for this altcoin. This feature is active now and can be found here: rcn.loans RCN has huge growth potential that can go beyond ATH long term: Bitcoin (BTC) Needless to say, BITCOIN IS THE NAME OF THE GAME. BITCOIN IS THE BEST! You can always buy and hold Bitcoin long term as this is the best cryptocurrency of all. Namaste. Conclusion Here we have a mixed list of altcoins, I tried to put in new projects, old projects, known projects, not so known, with good profits, etc. Variety, so there is a little bit for each and every one of us. Which TOP 10 Altcoins you want me to write about next? Remember to hit like and leave a comment with the altcoins that you believe are best. This is Alan Masters. Thanks a lot for reading. Namaste.
BITFINEX:BTCUSD
by AlanSantana
3
BTC / USD Price Analysis: Shock TherapyBTC / USD Short-term price analysis Bitcoin retains its bullish short-term trading bias, with the BTC / USD pair still trading above its 200-period moving average on the four-hour time frame despite the recent decline. The four-hour time frame is showing that a strong technical correction is underway, with the April 12th swing-low the key area to watch if the decline continues. Technical indicators on four-hour time frame have now turned bearish and are continuing to issue strong sell signals. Pattern Watch Traders should note that a bearish head and shoulders pattern could start to form on the four-hour time frame. Relative Strength Index The Relative Strength Index indicator on the mentioned time frame is bearish and continues to point lower. MACD Indicator The MACD indicator on the four-hour time frame has turned bearish, with the MACD signal line and MACD histogram issuing a strong sell signal. Fundamental Analysis Although Bitcoin has been bullish over the past few weeks, the news that NY prosecutors have accused Bitfinex exchange of covering $850 million loss using Tether funds has generated a sell-off in the market. BTC / USD Medium-term price analysis Bitcoin retains its bullish medium-term trading bias, with the BTC / USD pair still holding above its 200-day moving average. The daily time frame is showing that major support below the $4,900 level is located at the BTC / USD pair’s 200-day moving average, at $4,500. The falling wedge on the mentioned time frame is critical technical support for the BTC / USD pair, at $3,900. Technical indicators on the daily time frame have turned bearish and show scope for further downside. BTC / USD Daily Chart by TradingView Pattern Watch Traders should note that the major bullish breakout on the daily time frame still remains valid while price trades above trendline support, at $3,900. Relative Strength Index The Relative Strength Index has turned bearish and also shows scope for further downside. [ MACD Indicator The MACD indicator on the daily time frame has turned bearish and shows scope for further downside. Fundamental Analysis The medium-term prospects for Bitcoin remain highly speculative. However, on a fundamental level its transaction count is approaching late 2017 bull-run levels, which is a clear sign of recovering adoption. If this trend continues, it will likely be only a matter of time before price follows. Conclusion Bitcoin has started to correct lower after finding strong technical resistance from the $5,600 level. The BTC / USD pair could trade even lower if short-term sellers can hold price below the $4,900. The BTC / USD pair’s medium-term outlook remains bullish above the $4,500 level, while moves below the $3,900 level could trigger major technical selling.
BITFINEX:BTCUSD
by CryptoBriefingTA