LTC Very tight hourlyConsolidating for over 8 hours in the tight channel depicted in the chart on the hourly.
With a bull break we will see a MACD cross with it.
Note ETH has already broken consolidation bullish, and this is a potential laggard play to see some follow through.
Overnight BTC and ETH have been the better names to be in for strength.
LTC will see a new all time high sooner rather than later, just waiting for a catalyst to steal some attention from BTC and ETH blue skies.
These bulls moves are much faster than BTC and ETH before we see profit taking.
Cryptocurrrency
ETH Bulls breaking ConsolidationAfter correlation to bTC picked up on the short term dump to oversold hourly (for BTC)
the bulls have recovered by breaking the lower high pattern of the initial consolidation bounce attempt.
Bulls have potential to test all time highs today and will be competing with BTC for attention.
Break of $400 and we will be in longer term consolidation mode on the 4 hour and daily.
There should be a good amount of stop losses just under $400 so cautious of stop level slippage.
Targets will be $430 and $440 with a new all time high.
BITCOIN - POTENTIAL TARGETS!! / Ascending triangle.Potential targets for the Bitcoin price, huge rallies always need their correction so do not be surprised if you see a pullback in Bitcoins price anytime soon. That's not to say the price will not continue it's growth if we break through the current resistance we could see prices of $9,000.
Resistance - Orange.
Support - Purple.
BITCOIN - Price to fluctuate between Support & Resistance.Bitcoin Support and resistance levels, you should use these lines to make your trades. If the price falls below the first supply level (the support) we can see a further decrease to the secondary one. On the other hand, Bitcoin may continue its bullish movement which will result in the price breaking the resistance line indicate a continuous uptrend.
Resistance - Orange.
Support - Purple.
Lisk (LSK) went up...Hey Everyone,
Lisk coin (LSK) went up today till this second by 21.92% (last 24 hours),
The price on April 17 was $0.32 and now it's on $8.06,
As you can see it duplicate its self by 25 times!!!!!!!!
It's crazy you need to be blind not to see that this is the type of investments people should concentrate on.
$ 1000 investment in April could have been worth $25000 there is no bank in the world that you give you this interest.
Ethereum close to the resistance line of 300 USDHey everyone,
Ethereum close to the resistance line of 300 USD and if it breaks up this level the short term target is 315-330,
So now it's a good time to buy Ethereum coin.
Ripple also making a small correction up but not like Ethereum and Bitcoin after a very volatile weekend will make a correction downside so it's a good time to sell.
STRAT + ADX comparison (fractal)$ADX looks similar to STRAT before the breakout and before it made a 6000% price gain.. if if breaks the trendline and closes above this could be a big winner.. FA is also strong on this one.. really good RR imo.. always dyor u know its still crypto..
BTC Raging Bull Party TimeBulls are seeing a move unlike anything we have seen in recent memory as we are easily climbing $100 at a time and 10%+ in the last 24 hours.
How high can we go? As long as people keep buying we keep going up. RSI means a lot less and there is no resistance.
Keep in mind we are not establishing much support on the way up, so if the rug is pulled we should very easily pullback a few hundred dollars very quickly.
It is worth keeping an eye on alt coins and other names for shopping, but until we see BTC lose hourly higher lows at the least, they will likely remain weak, so patience.
Congrats bulls! Missed the run? Dont worry we have decades left. Establish a game plan to capitalize on other names and their oversold bounces.
Bitcoin direction 1.11Hey Everyone,
Bitcoin today may increase because of the huge demand that Bitcoin will start being traded on the regulated CME Future Exchange.
As you can see in the graph there is a potential to go up to $7000 for the next few days.
Also As we can see there are the profit takings of the former investors and with the profits that they made, they buy alternative coins that have a small price and huge potential,
with the low circulation amount.
BITCOIN TIME ANALYSIS IS 1NOV2017 THE TOP? current $6348 31Oct17Here is a quick Time Analysis showing a POSSIBLE date for a Top which is 1Nov2017.
Sean Vengan
10+ Years Professional Trader and Trading Educator
REALITIES IN TRADING:
In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading.
We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE.
Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades).
Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY.
Always factor in "WHAT IF I LOSE MONEY ????"
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
BITCOIN may go down for a short term of 1D and...Hey Everyone,
For all the ones that care how much their Bitcoin will be worth until the end of the day or for the ones that want to trade on the Cryptos, it's an opportunity for market entry.
Bitcoin may go down for a short term of 1D and will make a recovery afterwards, pay attention in the graph I published, you can see a rule that market analyst with a little bit of experience can automatically realize it
and it's one of the basic rules of the Bollinger Bands saying if the first peak will be outside of the upper band of Bollinger and the second peak will be inside of the upper band of the Bollinger meaning the prices will push down for short-term, also the moving average is confirming it.
So if you want to buy Bitcoin today, wait, it will save you a lot of money between 150-300 USD per coin. plus the commission that you will pay for purchasing them will increase your cost so be patient it will be worth it.
BTC Hourly EquilibriumCongrats bulls! Huge move yesterday and currently seeing healthy consolidation.
We currently have a higher low, lower high pattern forming on the hourly as we find a healthy range at these new levels.
Bulls currently remain within striking distance of a new all time high.
Higher highs will be a bull entry signal with the lack of resistance we are seeing in the upper $5 thousands.
Bears can drop hundreds of dollars very quickly so stop losses are essential.
Bitcoin Entry into Zone current $4410.00 3Oct17As previously forecast IN ADVANCE,we are entering into the Zone (no not the Twilight Zone).
We have traded this CORRECTLY and with PRECISION
The Resistance and Support Levels have been provided for you on the short-term (daily) basis and it should be self-explanatory.
For longs: I would suggest not entering a new long position at current prices as the Risk-Reward is not in your favour. Existing longs can close with a profit or hold with a trailing stop.
For shorts: There are no sell signals as yet so be patient.
I remain bullish until structure changes. We are still looking to hit our target around the $4,600 mark on the Bitcoin long trade I posted awhile back.
Professional Advice:
There is a time to trade and there is a time to WATCH and OBSERVE. Guess what time it is now...
Trading requires alot of patience and then fast and immediate action when a high probability setup is presented ( like a lion stalking his prey)
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.