Bull flag beats out bear flag; new higher high established.As you can see we have busted up out of the bull flag and thus also upward out of the bear flag as well...I have posted 2 price targets for a bull flag breakout one that considers the pole of the flg to be just one of the green candles a price point we've already reched...and then another prie point in case the entire bull flags pole was also the long green candle just before that as well. I'm glad to see we've finally gotten a candle above the 50MA buy sell line as well...if we can close 5 consecutive 4 hour candles above the 50MA(in orange) aka the buy sell line...then expect thigns to get very bullish very quick with a domino effect ensuing. We continue to trigger higher climbs the odds are great that we will be reversing the death cross and triggering what's known as the golden cross which would help make things mega bullish. so not only do we have the potential to climb higher just from the bull flag breakout but by breaking out of the bull flag we also broke out of the bigger bear flag which would have an even higher potential climb in store for the price action if that breakout is confirmed which I believe it will be. So for now I'm switching to long I will only switch back to neutral or short if on the enxt retracement we get a lower high or if when we climb back up from the retracement we get a lower low...to confirm the bulls are noe in control after we got this higher high..w.e need the confirmation of then a higher low on the retracement followed b a 2nd confirmation higher high...I'm confident we will get that....this is not financial advise however so you make up your own mind. Thanks for reading!
High
"CALLING IT!!"... not really, BUTI am not "Calling it!", but I will say that this (Red Support Zone) is a very, very, very strong support and a **TECHNICALLY* good zone to invest A LOT.
For God sake, someone give me some rep some my broke *** can talk in chat! XD
I have lost thousands of dollars, but I suppose it wasn't a waste. I learned a lot along the way, and it is great to be a part of this movement and technology. I am truly in here for the experience, and to try and get the out of the hole I live in. I haven't been able to speak to any of you in chat, but I assure you, if you are active, I know who you are and I am glad to be here with you. Bears and Bulls alike.
Simple thing is this: Profit is great, but the mountains and valleys I have experienced with you all (and more to come) is better than the price I pay or receive. Thank you all!; life was looking grim (still is from a financial point) but, whatever, you guys are my new family, like it or not.
Oh, what would a post be without a Bear riding in a Bull Lambo to the moon!
<3<3
100SMA Maintains Support; Higher Low/HigherHigh EstablishedAs you can see on the 4hr chart we've had a slight retracement all the way back down to the 100SMA (in blue) where fortunately it changed course with the 100SMA acting as support. We also established a higher low and higher high on that last retracement compared to the retracement before it which mean the bulls still have control for now. Seeing as how we have yet to even reach the descending pink triangles breakout target or the descending purple wedge breakout target I'm pretty confident we will continue upward, and probability favors that as well. Of course anything could happen and the current FUD in the air is likely the fact that Reddit removed BTC as a payment option because of some change on coinbase. I will continue to go long but you decide whether to be long neutral or short at your own risk. Thanks for reading! *not financial advice*
BEST RIPPLE TRADING STRATEGYDid you ever consider investing in alternative cryptocurrencies other than Bitcoin? If the answer is yes, look no further, the best Ripple trading strategy can make you profitable by trading one of the fastest growing cryptocurrencies.
By far the hottest topic in the crypto community at the end of 2017 and beginning of 2018 is the surge in the price of Ripple. Ripple price has blown up from under $0.02 to over $3 in under a year and has increased by 1,400% over the last month alone.
The first logical question that must be on the back of your mind is what is Ripple and why you should be interested to buy Ripple.
Ripple value has skyrocketed and it’s on everybody’s mind. At one point Ripple has surpassed Ethereum to become the second cryptocurrency in terms of market capital.
What is Ripple coin?
Ripple is a cryptocurrency based on a private blockchain that’s permission-based and centralized. It has drawn a lot of criticism from the blockchain evangelists because it’s opposite to the Bitcoin blockchain which is public and decentralized.
In a nutshell, Ripple technology is trying to securely and instantly provide an almost free global financial transaction channel.
So, why is Ripple such a great cryptocurrency?
Ripple is trying to solve an age-old banking problem. If you think about it in the system we use today we do a lot of international currency transfers which takes a very long time for these transfers to take place. So, Ripple is trying to update that system and make it faster and more secure.
We believe that Ripple cryptocurrency has a very useful place in the market as it’s servicing a huge need.
Even though Ripple coin is different than Bitcoin, one of the Ripple’s advantages is that it has fast confirmation so, near real-time and instant confirmation of transactions. Plus, Ripple cryptocurrency is extremely cheap.
Day trading XRP Ripple with Naked Charts
Day trading XRP Ripple we need to deploy different trade tactics because Ripple price action has its own personality.
Our TSG team has discovered through careful examination and backtesting that Ripple has the tendency to bottom on up days during a specific time of the day. Moving forward you’ll learn what the best time to day trade XRP Ripple is.
Step #1 - The 15-minute chart will give us a better view of the overall price action and on the Ripple intraday trend.
Step #2 If we’re on an Up-Day, Mark on your Chart the Time Window between 9 – 10 GMT Time
As we mentioned earlier we have found out through backtesting that the best time to buy Ripple is between 9 – 10 GMT. However, that’s only half of the equation because our statistics also show that the best time to buy Ripple is in the up days.
What do we mean by this?
We want to buy Ripple if between the time window from 9 AM to 10 AM GMT, Ripple is trading above the opening price.
If we buy Ripple above the opening price it means that we’re buying in the direction of the prevailing trend. Essentially, this is a trend following strategy deployed on intraday trends.
Step #3 Buy anywhere between the 9 – 10 GMT Time Window
This time window also coincides with the London open and it’s the time when many cryptocurrency traders step into the market.
Now, depending on your trading skills and your experience you can fine tune your entry point within this time window.
Step #4 When day trading XRP Ripple hide your SL below the Opening Price
Any deep move below Ripple opening price will alter the bullish sentiment.
A sell-off below the opening price indicates that the buyers are weak and maybe we’re better off trying to buy Ripple on another day.
Step #5 Take profit once the Price Travels the Same Price Distance it did from the opening price until 9 AM GMT
First, measure the price distance from the opening price to the high established between 9 to 10 AM GMT.
Second, project the same price distance to the upside measured from the low established between the 9 – 10 GMT window.
Very High Probability Trade (VHPT)A very good trading setup is beeing established here - The perfekt timing to engage in a long position.
From a statistical point of view, we can anytime soon expect high volume and hence easily upwards 300% in price increasement. There exits large upside potentials for this very particular coin
Good weekend traders!
Spirits Airlines Inc. Where's The Support Zone?Prices are currently at THE 39.00 - 38.00 Zone.
I believe that we could potentially see prices go lower only to spike back up, ultimately wiping out prior higher highs at both 49.00 and 60.00 .
I don't believe however this is going to happen immediately, we might be monitoring this for a while guys.
Let's now wait for this stock to find a lower support zone.
Sector: Industrials. Airlines
Vol: 844.878K
EPS: 8.94
Market Cap: 2.769B
P/E: 4.47
FTSE 100: UKX Inter-Generational High: Super Cycle only half wayFTSE 100 Inter - UKX - Inter-Generational Cycle High - Half-Way House
Nine years from high to low. Nine years from low to High on
FTSE in fact the secondary or final rally high set in week of
13.03 00 as Internet generation 1 peaked with Nasdaq and
techs' peak reached that week). Low reached March 9th 2009.
The next cycle date falls between Friday 2nd March and
Friday 9th March. If the major markets break below the lows
of last week we can therefore most likely expect a low to
form at this point in time - and if they can hold up today and
rally from here the next high is likely to be struck in the 5
trading days between March 2rd '18 and March 9 '18.
Whichever way it breaks from here should be worth following
in the near term - but start to look for a significant change in
trend in either event come 2nd March through 9th.
Looking even further out in time this peak now is likely only an inter-generational cycle high, marking the half-way point in the old 18 year generation cycle. The real grand super-cycle high (high to super-high) is not reached on this chart until March 1st 2027.
Time, as always, will tell.
In the meantime, there's a nearer term FTSE strategy outlined below.
MJX; 2018 the year of legal weed!Im biased, I smoke the good kush every day, so it is only logical for me to be long good kush and those who can provide it.
a new etf was converted from latin american RE to 'alternative agroscience' (LARE became MJX) and it is already looking like it could be going parabolic to me.
Most of their holdings ( portfolios.morningstar.com ) are in canada so it isnt like AG Sessions can do much about the weed boom across the border.
gl hf and if u make a bag be sure to buy an oz of OG kush on me :)
manage your risk
much love
xoxo
sn00p
S&P 500 Index: SPX Longer Term Gann Cycles - Cycle High and Low SandP 500 Index Longer Term Gann Time Cycles
Probably the greatest trader who ever lived, WD Gann , taught us to measure time cycles - from high to low and low
to high as well as high to high and low to low - and look for potential changes in trend as these hiddden cycles tend
to repeat themselves down through time. Previous cycle highs identified the exact date of the high in 2007 as well as
the subsequent high reached in April 2015 just at the point that markets began a 10 month 20+% correction (for more
details please PM) . This current cycle marks the period from 20.03.00 high (as Internet v1 peaked) through to the next
major cycle low on 06.03.09. From major cycle high to low is 9 years, almost exactly...which now brings us, after a 9 year
long bull run, to the coming 23 to 27 days, culminating in the anniversary dates between 3rd march and 10th March 2018...
So if the lows of last week are broken on Monday we can most likely expect the decline to last for the next 23 to 27 days,
culminating in a major cycle low between 3rd and 10th March 2018. Major markets have a challenging 23 to 27 days ahead
of them. Time is piling up. If the SandP breaks below 2525 and holds below here by Monday's close we can expect further pressure on markets until we reach the anniversary dates. It will be interesting to see if Gann's great cycles remain as accurate now as they have done
in the past. As always, time itself will tell us that answer. In fact Monday will.
FTSE 100 Index: UKX - Cycle High - Short Set-Ups with triggersFTSE 100 Index: UKX Long Term Time Cycles in FTSE Index
After rising 10% at the start of the 2018 FTSE has fallen all the way
back its start point for the year. Up 10% and back down 10% in 6 short weeks. The action looks unlikely to stop now.
In fact it could be just beginning. Probably the greatest trader who ever lived, WD 0.61% Gann , told us to measure
time cycles from high tolow and low to high as well as high to high and low to low and look for potential changes in
trend as these hiddden cyclesrepeat themselves down through time. Previous cycle highs identified the exact date of
the high in 2007 as well as thesubsequent high reached in April 2015 just at the point thatmarkets began a 10 month
20+% correction (for more detailsplease PM) . This cycle marks the period from 10.03.09 majorcrash low through to
the next major cycle low on 06.03.09. From major cycle low to low is 9 years ...which now brings us,
after a 9 year long bull run, to the coming 23 to 27 days,culminating in the anniversary dates between 3rd march and
10th March 2018...
FTSE is already teetering on the brink of critical support at 7092. It has to cling on here on Monday for any failure will tip
this index into bearish territory and trigger a short back to 6868 at least - and then if this level in turn gives way back to
6680-6637. Beneath here the next major support potential lies at the lower parallel and below here at 5777.
So if 7090 gives way on Monday by more than 10 points look to short this index with stops above 7099, targeting 6870
initially, then the 6680-6637 range if 6860 fails to hold during Monday. It's quite probable that should 7090 fail come Monday,
this Index will fall away in stages to test the lower parallel at 6004 on around 5th March - and only then bounce away to the
upside again.This will present some wonderful shorting opportunities along the descent. However, in the very near
term it's likely that contrarian traders will look to go long here, simply because the stop is so close (20 points away
maximum now) but ready to reverse short as above if 7090gives way by more than 10 points. Time, as always, tells.
BTC-USD | Short Here | We're going down!As you can see.... we've been stuck inside this channel for.... FOREVER! (at least is feels like forever) If we don't break out of this channel here, we're going back down and continuing the trend that we've been in. I'm praying that this breaks out of this channel so we can start to make some serious gains.... but I DOUBT that will happen. So I would be taking a short position here if I wasn't in the United States... lol Enjoy guys.
This is for information purposes only. Do not make an investment based on what i post here.
Thanks Guys!
Spike when difference between high an low is >5%Spike when difference between high an low is >5%
You can set an alarm if you want to that way
You can shoose/change the intervalyourself
Bytecent [ BYCBTC] | [+335 potential Profit]Idea
Here you can see the same like in my Clams analysis, but with clearer bullish indicators on the 1-day-chart.
The token is in active development with high potential too, price at the bottom and a lot room to grow.
Look at the previous fibonacci levels!
Indicators are hinting a bullish movement.
Technical
1d chart:
MACD: Has turned over !steep!
RSI: Is going up!
STOCH: Is going up too!
= prepare for a bullish movement soon!
weekly chart:
On the weekly side again we have an image of a bitcoin crash and a damaged market.
It will recover and this coin will be one with the higher potentials in the next 8 weeks!
Buy-In
0.000145000 - 0.00018500
Stop-Loss: no
Targets via fibonacci
1 | 0.00020590 = possible first resistance
2 | 0.00030656
3 | 0.00038793
4 | 0.00046929
5 | 0.00058513
6 | 0.00073269 | old all time high
7 | 0.00380195 | new all time high <— Fib. 1.618 extension
Conclusion
I have a mess of coins like this.
Invest relax & earn.
We only trade for profit, never for loss.
>>USDCAD<< >>January Week 3<< Short SetupUSDCAD just spiked back up from Weekly Key Level at 1.245, we possibly gonna see a drop back to my
Level, bearish price action was very strong in the last couple of weeks.
Broke short-term uptrend to the downside, our stops are at previous highs, our tp Level is at our actual
low.
This will be a quick one, so trade with care and watch out for fundamental news.
Entry: 1.2505
Sl: 1.2600
Tp: 1.2385
Have a good one, I'm always happy about feedback :)
Bitcoin at the crossroadBitcoin is at the crossroad. It is swinging around 14642 while the Stochastic indicator suggests that the long-term uptrend is still intact. As long as the Stochastic indicator is above the blue dotted trend line, we can assume a bullish scenario for BTCUSD. However, once that blue dotted trendline will be broken to the downside, a very bearish scenario will take over with a target of 5568 USD per Bitcoin. We know that the governments of the United States of America and of Bulgaria confiscated Bitcoins worth more than 3 billion US-Dollars. They probably want to sell them all. www.coindesk.com The price of the Bitcoin will mainly depend on how they flood the market with their confiscated Bitcoins during the next few months. I expect a high volatility and many good opportunities for buying cheap Bitcoins.