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Crytpotraderpro

SPRT next crypto miner leaderInteresting play and even on existing business model CEO has a history of building companies. Didn't see this one coming but even with today's move we believe this is far from over. Have fun and enjoy the ride! Fundamentally should be multiples folds higher based on the competitive metrics and although it moved today once people do some work on this are realize what they got it should start to get real attention vs the day traders. $btc bitcoin miner
BITMEX:XBTLong
by Hatchetaxe
OSTBTC - How to find the breakout in a sideways marketHey everyone! One of the biggest ways to increase your risk exposure is to enter a market just a bit too early and catch that last (much needed) sweep of weak hands before finally moving up! Consolidation breaks provide great Risk-Reward-Ratio, with an impulsive break sometimes declining a second chance with a retest of what was previous resistance now turned into support and we are left with our hands empty. Well, that's not a great deal.. What we should look at is the general price action: generally, we want to look at symmetrical and ascending triangles before these long consolidation periods are broken. Then look at them more carefully: when is the main volume coming from? Are the buy legs steeper and more impulsive than the sell legs? Let's take a look at the beautiful chart above: look at those huge green candles - that's buyer interest right there. You will not see these type of volume candles in a market where sellers are in control. Also note that the top part of the symmetrical triangle is being tested and a close on a high timeframe could mean that we are ready to move further up. Hope you are able to spot this structure next time you look at a chart! Take care, Vlad The Crypto Trader
OEducation
by Be_Independent_Tribe
Ethereum is a joke!! Down we go again!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Ethereum has broken beneath support levels!! Significant drop to come!! BITFINEX:ETHUSD is down by more than 93% over the past 12 months!!. ETHUSD has fallen through the 105 level and now we are looking for another significant drop to the 83 level, thats another 20% wow! From my experience stay on the sidelines or short sell!! Happy trading :) Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BITFINEX:ETHUSDShort
by SMPTrader
ETHBTC - A longer term view - Bullish potential ETH!I am having a look at Ethereum vs Bitcoin today, it is important in these kind of market conditions to stay on track with trends vs BTC. Even though we are still bearish on the longer term, as well as new short term bearish signals, I would just like to point out the possibility of a massive cup and handle. Like I always state, no formation has a 100% success rate and no trade is risk free. With that said we can also see what might be a bullish pennant on the handle of the cup, another bull signal on the longer term. On the flip side the bears are still in control and we might take a massive dip, what to look out for. The Cup and the Pennant trade idea will be void should prices fall below the handle, or the pennant. This is at 0.074, I would like to extent that zone to just below the 200 MA on the 1 Day chart, which is around 0.07 btc. This is also my support zone for the short term on the market, 0.07btc – 0.074btc. There is a possibility of a breakout should prices consolidate above 0.084. Please note breakout levels are not set in stone and change regularly. Feel free to discuss this trade idea with me in Discord . Safe trades.
by saintbitcoin
ETHBTC - at important resistance!The price of Etherium, has hit some time ago the top line of the downward channel and is currently on the 61% Fibo retracement at 0.063. This is a very important level, because the technical resistance level at 0.0666 is just above it. Breaking the top of these levels and closing the daily candle above 0.0666 will mean a continuation of rally towards the level of min. 0.080. A pull-ack the trend from the current levels will allow BTC to strengthen, but the real reversal of the trend can only be said after breaking the support at 0.045. Main trend: DOWN Intermediate trend: DOWN Daily trend: UP (price at a key level) Key levels: - for further increases - level 0.0063 and later 0.0666 - for continuing correction - level 0.0063 and later 0.0055 - for continuation of falls - level 0.0045 PS: Be sure to add me to the watchers! PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
by sebastian.seliga.7
11
Litecoin - demand needed urgentlyLitecoin over the last 24 hours dropped about 0.5%. It still moves in the growth channel shown in the chart below. We see that support of 55.5 USD heavily defends against falls. This level also coincides with the lower channel limitation. However, getting smaller peaks and smaller growth responses on this support suggest that it may be broken on the bottom. If this happens then we will treat it as a resistance and with the test from below we will look for short positions. Alternatively, you may want to look for local resistance at around 58.5USD and test from above.
BITFINEX:LTCUSD
by jpktraders
Gold fever on BitcoinAfter a week from our last analysis, Bitcoin continues to grow. We have another important week ahead, as we will have another BTC split on Wednesday. The place where the correction ended was at the level of 5200 USD where we moved to the designated TP at 6200 USD. When the BTC rate reached 6,000 USD, not only did it set a new peak, it also made an important milestone, exceeding its capitalization of 100 billion USD. A month ago, the capitalization of the entire cryptocurrency market was only 99 billion USD. At present it is over 170 billion USD and BTC's share in total capitalization is 57.9%. Let's look at the technical picture of the market. Bitcoin rates have been moving in the range of the channel since June, which has so far failed to hit the top. Price after the correction at 5200 USD once again reached its upper limit. The support has been not yet tested at 5,000 USD. The formation of the evening star can be seen in the diagram of the D1 interval. If today's drop candle closes at least 50% of the first candle from this formation, it will be a sales signal. Additional confluence is mentioned above the upper limit of the growth channel and the target reached 161.8% Fibo. Then the possible target spots of its end will be levels of 5400 USD converging with the Fibo fall of 23,6% of growth impulse starting September 15th and surroundings of the lower channel limit market on the chart as the D1 support zone. Alternatively, in the event of breaking the growth channel at the top, the long-term scenario assumes an increase to 8195 USD. But let's focus on the upcoming fork on Wednesday. Let's remember that although Bitcoin Cash and Bitcoin Gold are technical bits of Bitcoin, they do not affect Bitcoin in any way, and they are not a threat to Bitcoin. They simply use (in most cases) Bitcoin and distribute their currency proportionally to all Bitcoin owners.
BITFINEX:BTCUSD
by jpktraders