BTCUSD | 36D | SPHERE & FIBO SPIRAL SETUPCertainly spheres are powerful tools. Mixing a sphere with a fib spiral in the set is also very interesting to watch. Near mid top then normal correction. A retracement is imminent IMO starting now till June 30th. May be short term will see how far it will go. enjoy!
retracement levels:
Cheers,
Keops
3d
BTC Update#BTC Update - A correction in place. As we shared on CryptoCue chat, every time BTC had these 3d bearish div with a touch on the 90 RSI, the price dropped nearly 40%, if it drops 40% in this case, 5k4 would be the bottom. The smart move would be to stay out of the market until further notice.
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Bitcoin Daily Update (day 320)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
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Consensio: P closed > S & M MA but instantly reversed to the downside. L MA still bearish
Patterns: Phase 7 hyperwave | Bear Channel | Symmetrical Triangle
Horizontals: S: $3,377 | R: $3,472
Trendline: Symmetrical triangle inside bear channel
Parabolic SAR: $3,336
Futures Curve: Backwardation with 1.90% spread
BTCUSDSHORTS: Looks like they are pulling back for a 21,650 retest
Funding Rates: Shorts pay longs 0.0126%
TD’ Sequential: R4 | 3D just closed R9
Ichimoku Cloud: Paying attention to how the Tenkan-Sen just angled down sharply.
Relative Strength Index: Continuing to trend down below 50
Average Directional Index: Still resisting below 25
Price Action: 24h: -0.1% | 2w: -3.2% | 1m: -13.9%
Bollinger Bands: Trending down, squeezing with price below MA. As bearish as it gets.
Stochastic Oscillator: D threatening to recross bullish (always find it amazing when it does this on bearish price action) 3D is making bullish cross and that has been a very good indicator in this bear market.
Summary: I feel confident that volatility is coming in the next 24 hours. The violent reaction following today’s close is what makes me feel so certain. The daily closed at $3,429 and then there was an immediate influx of selling volume.
The high volume combined with the bearish wick is something that I pay very close attention to. Either support will hold strong and provide the foundation for a significant bounce, or it will tear right through the support and go for a retest of prior lows.
It is still too early to induce which direction is most likely from here, however I do not think that will remain the case when it comes time for tomorrow’s daily update. The most important chart to me is still the LTCBTCSHORTS which continue to create new all time highs.
That looks like very low hanging fruit to me for someone with enough money to execute a short squeeze. If that happens then I believe in will lead the entire crypto market into a 1+ month dead cat bounce up to the $5,200 - $5,800 area.
The 3D Stochastic is provided a nice confirmation of that bias. Look for yourself at how well that signal has worked throughout this bear market! The 3D red 9 is another good confirmation that a bounce is coming.
QCOM, AAPL, OLED - Coincidence on new iphone plans?TELECOM Sector
Qualcomm snapdragon chips tend to go into cell phones #QCOM
Apple introducing new iphone as release X a fake release to 5G #AAPL
OLED displays are the best in the market #OLED
STM chips for ASIC might be made by someone else #whoknows
AXTI 3D sensors might have competition ?? #whoknows (not PM)
Yes, I left out AMD, which might be making the GPU, who knows ?? #toolate-shipsailing
Am I more interested in Softbank comment on new Japanese Telecom Carrier IP and needing big investments from banks.
Bought OLED in August. QCOM in Sept. Sold AXTI for now...3D sensor users needed. STM well holding on for no good reason.
These are all prognostications and viewers come to own sense of reality, investing, and humor.
Samsung / 5G-Apple here's a new product idea: I'd love to see a whole house smart phone system. Every phone has WIFI, display, GPU, etc. for under $1K or abouts.
BTC:USD 4 hour chart DAILY UPDATE (day 128)Current Outlook
1-2 weeks: neutral-bullish
2 weeks - 12 months: bearish
1-2+ years: Super bullish
Three days ago I changed my short term outlook from bearish to neutral and over the past couple days I have been leaning bullish for the very near term (1-2 weeks). That is due to the tweezer bottom on the weekly chart, breaking a Bill Williams Fractal on the daily chart, breaking out of the down trend that started on 5/5, the Ichimoku Cloud being out of equilibrium and the bullish crossovers on the shorter term EMA’s .
If that sounds overwhelming then take a deep breathe and let’s go through each indication step-by-step.
Tweezer Bottom on the weekly chart is self-explanatory
The Bill Williams Fractals are in yellow and you will notice that we haven’t broken above one since 5/5 when the downtrend started. We got very close on 6/7 but managed to stay slightly below. We did break a fractal on 6/30 when we traded above $6,358. That triggered the stop losses on my BTC:USD and ETH:USD shorts and was my first major indication of a short term reversal.
We had been steadily resisting the trend line from 5/5 and when that broke it served as confirmation of a short term reversal.
When looking at the Ichimoku Cloud on the 3 day chart we can see a large C-Clamp which indicates how far out of equilibrium we currently are. That indicates short term oversold conditions and tells me that this bounce could go much higher than originally expected. The long, flat cloud at $10,400 indicates the furthest I would expect to bounce. If we do get to that price then I would be viewing it as a high probability short.
We currently have a bullish crossover on the 12 and 26 period EMA’s on the following timeframes: 1h, 2h, 4h, 6h, and 12h. As noted yesterday we continue to trade in between those EMA’s on the daily chart. If wanting to make a bullish entry waiting for those EMA's to crossover on the daily chart should be your best bet.
Even with all of the short term bullish indicators it is possible to continue to drawdown at any moment. The daily chart is threatening a tweezer top along with a bearish spinning top and that could be all that is needed for the bears to start selling aggressively again.
I am going to continue waiting on the sidelines for further development. I am still holding onto my ETH:BTC shorts from 0.07479 - 0.07844 and have set the stop loss at 0.0731. I am finding it very interesting that ETH:USD and ETH:BTC have not broken through the downtrend like Bitcoin has.
This is a great time of year to get outside and enjoy the weather while waiting for the market to develop! Instead of biting my nails and watching the order book I will be playing golf and softball this evening.
Thank you for your time! Have something to say? Leave a comment! Click the follow so that you don’t miss out on future updates and remember that smashing the like is good karma!
FunFair (FUN) New 3D Party Client (355% Earnings Potential)FunFair (FUN). The first time I researched this coin I really liked the fact that they have a very active development team and strong product. Once it took off last year, the earnings were surprising and nice to collect.
Now, FunFair is preparing for the launch of their new 3D party client and the charts are getting ready for a new bull run. This coin is breaking out just now, which is great news as we can join early and profit high.
We are in the accumulation phase. Profitable traders, whales and those that are going to be making big money soon have been loading up for the past month. Here we need momentum and have a few barriers to break before FUN really takes off, but we are already looking ready to start making money on this coin.
FunFair (FUN) Trade Analysis by Alan Masters
##### CHARTS, SIGNALS & INDICATORS
Let's look at the chart closer today, here is the 4 hours chart:
- The red square is the bottom from where FunFair bounced and started to go up.
- Notice how the price remained below the SMA200 line (brown), until the 11th March when it broke out and remained trading above it.
- The SMA20 (green) and SMA50 (blue) lines were trending low, but now they are curving upward and crossing the SMA200 line. These are bullish signals.
- The daily and weekly charts are looking pretty good. With my indicators trending bullish and showing plenty of room for growth.
- Relatively low volume allows for good room for growth.
Let's take a quick look at the daily chart... Just for FUN:
FunFair (FUN) Cryptocurrency Altcoin Trade Analysis by Alan Masters
##### TRADE INSTRUCTIONS
Buy-in: 0.00000440 - 0.00000530
FunFair (FUN) Targets:
(1) 0.00000625
(2) 0.00000765
(3) 0.00001005
(4) 0.00001175
(5) 0.00001385 (All time high)
(6) 0.00002005
Trade strategy: Buy & hold until we start to hit our targets. If Bitcoin goes down hard and the alts crash another time before going up, don't panic, just wait it out and later we start to go up again.
##### Message: A New Beginning
It is now, the moment that I was waiting to be in.
It is now, that I open, my eyes, to see.
We are in it... Now... To enjoy, every way we can.
It is now, the moment...
A New Beginning starts today!!!
Namaste.
Technical Trade to $13.50 w/ Dual Fib Levels AligningThe 3D printing sector was upgraded this year and set to grow because of reduced costs with machines, materials and increased investments in R&D and manufacturing capabilities. I've personally bought a Crealtiy CR-10S to support a small, side business I have. 3D Systems Corp. has been hit hard and dropped to levels that were near a bottom. Through all the volatility in 2018 and its EC, it's held up, slowly sustained across a level and gradually moved upwards. Technical trading for the short term puts it near $13.50 with momentum and without going outside of its consistent range. As of this writing, levels are slightly under trend lines where accumulation is usually not a bad idea. Once it breaks out in its first fib pattern, the second, overlayed fib pattern shows some potential higher PT levels that could be reached if conditions are primed. Volume is never crazy, so I'd recommend setting about a month's time for a trade.
Vibe millions in volume recently. Bullish long term.We haven't had any update from twitter.com in a while. Calm before the storm? Raining gold soon or will the price action be struck by lightning?
BTCUSD, the retrace is finished, what now?Seems like the retrace is technically finished.
Courageous traders might decide to buy now for another attack to the all-time highs.
More cautious traders might take profits and wait to buy again lower.
The current bull wave started on 9 october 2017 have seen already 3 dips (or retraces), what we can surely say is that this bull wave is getting old...
The new MCFractalStudies - 3D Chart script will be released soon by the way!
Good luck!!
ETHBTC MARKET CONDITIONS 3D CHARTDespite current ATH zone in the ETHUSD pair, for us, BTC bulls, the ETHBTC pair has been a huge dissapointment.
After reaching a peak in May´17, downtrend has remained strong for too long.
There is however, a falling wedge formed, and a week ago the market tested prior resistance zone as support.
I would expect several tests of the possible support zone given this massive downtrend. And given there is a divergence in the Stoch RSI and RSI itself that could mean the end of this downtrend into a range period. A break of this bear trend seems more likely to shift into range rather than into bullish. If you are long ETH longterm, you could try to take advantage of the range scenario to build up your position.
Opening LONG positions right now could place you in a scenario of over 200% profits over 50% loss (R/R:5). But given current BTC run and ETHUSD indicators it does not seem safe at all. (Take a look at Vitalik´s twitline regarding cryptos real-world use achievements).
Opening SHORT positions could be more profitable, specially if support is broken. I will post in a few days a SHORT analysis and try to time out to choose between ETHZ17 or ETHH18 .
MA20 for this setup (60 days) is also a mayor resistance line and the angle from current lower highs is in the same range than in May.
There is a gap, however between current levels and bellow Resistance/Support zone around 0.024 with no volume significance between 0.024 and 0.034. If we take advantage of that gap, from a Short perspective, it is a 40% profit.
On fundamentals, it is worth to mention that IMO new capital entering the market is not likely to measure ETHBTC directly, but will rather pump BTC, LTC, and ETH randomly.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
Strong Moving Average Cross for 3D SystemsOn March 31, 2017 3D Systems Corporation ( NYSE:DDD ) crossed above its 250 day moving average (MA). Historically this has occurred 74 times and the stock does not always rise. It has a median gain of 7.563 % and maximum gain of 64.706 % over the next 11 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at 51.0844. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is slightly neutral and has been moving upward.
The true strength index (TSI) is currently -21.1753. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is moving down, however, it is begun to retreat from low levels indicating continued upward movement.
The positive vortex indicator (VI) is at 1.0277 and recently cross above the negative indicator. The VI determines current trend and direction. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is relatively moving up.
The stochastic oscillator K value is 81.6336 and D value is 64.8317. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock is trending upward with plenty of time before a potential reversal.
Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be heading up. Based on historical movement compared to current levels and the current position, the stock could gain another 4% over the next 15 trading days. The overall Macro trend is forming a pennant with the apex around October of this year. It is highly likely DDD will break out of this pennant before October and could be a significant move up or down.
3D Gold - Bullish Idea3D charting is Zar Negar's idea which I found very interesting: www.tradingview.com
▄︻̷̿┻̿═━一 Mark my words... GOLD WILL FLY NEXT WEEK!
My cubes are not perfect but I have tried to put in stop loss (support) as well - I would probably place my stop loss at the bottom of the cube.
I do think gold will try break 1313 next week - a very important level in my opinion.
▄︻̷̿┻̿═━一 Fundamentals
✈ Gold next week will be supported by on-going geo-political crisis in Israel/Gaza, India/Pakistan, Russia/Ukraine and Iraq.
✈ It will also have an added boost of bullishness from the US dollar coming down off a 6 month high.
✈ Crude oil is trying to make a move up as well, good news for gold.
▄︻̷̿┻̿═━一 Technicals
✈ It is oversold and have bounced off a long term support line and it is likely to retrace upwards very quickly.
✈ A break above 61.8% Fib at 1282.47 targets the 50% expansion at 1290.15.
✈ The important 1313 - if it is broken, I will say it's a magnet to the 1330 zone.
▄︻̷̿┻̿═━一 $GLD during the week after Jackson Hole Economic Symposium
Winners : 8
Losers : 1
% Winners : 89%
Average Change % : 1.52
Median Change % : 0.78
Maximum Gain % : 4.31
Maximum Loss % : -0.21
Average Gain %if Winner : 1.74
Average Loss % if Loser : -0.21
Payoff Ratio 8.28
Average Absolute Change% : 1.51
Profit Factor : 55.61
Outlier Adjusted Profit Factor : 35.00
Currently my analysis on the 1 hour chart and the 4 hour chart combined shows a 81.25% bullishness factor. I'm a firm believer that 1400+ is possible before the year's end.
Check my other idea linked below on why I think gold has (long term) bottomed and will move up.
Happy trading! (╯°□°)╯︵ ┻━┻