BITCOIN-Whales Destroy Shorts - BUT Bears Are STILL In Control!Dear Friends! <3
DarkEnergY is back with a NEW exciting update on Bitcoin. A lot of stuff has been happening today. We have been going sideways for 14 days now, and suddenly out of nowhere, when we least expected it, within 30 minutes whales shot the price up more than 1,000 USD which put the RSI up on ALMOST level 90. It's NOT something you see every day.
Everything was going well with my latest predictions. For many days I saw that ABCDE-corrective pattern form, and it seemed like a lot of other Top Authors started to accept it and applied it to their own charts.
Let me very CLEAR. NO ONE could have predicted that STEEP move, other than the whales, who did this. There might also be a chance, that some institutional buyers came in. But that is not so likely.
Let me also stress, that I'm NOT saying, that many people couldn't predict the price would go up. There were definitely some bullish signs also. There has been a lot of bullish accumulation lately, and we were in descending broadening wedge, which is a bullish pattern. I just believed we would go lower, before we jumped out.
But for the whales to shake the market, when a lot of people slowly became more and more bearish and entered short positions, was a genius move, I must admit. The whales took the price unnatural high up within a short period of time. Just above 8k, which liquidated a lot of shorts.
I admit - I knew there were a risk - but I didn't see it coming.
So now what?
Nothing has really changed so far. I'm still bearish, and I still think we will go lower than 5k. If we manage to get out of the downtrend channel I will change my mind. But we have a lot of resistance in this area. The resistance line, 61,8 % retrace and EMA50.
According to my EW-counts we are still on wave C (5th subwave), which I believe will take us down to the double bottom at 6,000 USD.The Hidden Bearish Divergence on the RSI, also confirms, that we will continue our downtrend!
Lastly but not least. I'm making these charts for you guys to educate you about TA. No reason to be rude when I or other traders are wrong. It seems like some new Crypto-traders come into this world and think, that a Top TA/Trader is able to predict every single price movement.
And when we are wrong they feel the urge to shout "WRONG AGAIN". If we had that ability, and never were wrong, we would own the entire world!
D4 Loves You <3
Please give a LIKE - It's really appreciated. Thank you in advance, my friend :)
Hiddendivergence
Will LITECOIN go down to under $100? - Bearish w/ Bullish WavesHow are you Crypto Maniacs!
Litecoin indicators are surprisingly neutral at this point. That is of course not something an investor who is in Litecoin wants to hear right now, but on the other side, it is better than being bearish.
MACD is leaning more towards bearish side in short term, however in medium term, which entails few month, it is bullish as it is in accumulation stage.
RSI is neutral with bullish signals in terms of being at 40% most of the time which indicates a good buy for those of you thinking of getting in for 2-5 Month.
Volumes are negative which is what we should expect in market like this one guys.
I see Litecoin dropping to around $100 levels before making a recovery. Until we break that downward wedge, we will not be going anywhere. You can buy in at time of a break, however please have safe sell orders in place until market moves to stabilize with Bitcoin. Overall we like Litecoin. Technology is very nice and as for investors it is a very liked coin due to it's long term reputation.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
5 Reasons LITECOIN Is Having A Shitty Day - Do You Know Why?Good Evening My Dear Followers <3
D4rkEnergY is back with a look at BITCOINS trusty old companion - Litecoin. Let's take a look at the 4h LTCUSD Chart.
L.itecoin has been having a terrible last few weeks. It started out so great though with a nice pump, and the Elliott Waves were starting to appear in the clouds high above.
But the retracement came, and nowhere could Litecoin find support for a continued uptrend. Fibonacci level after fib-level failed. Yesterday we finally tried to break out from the downtrend channel, but unlucky for us, the resistance line collided with 78,6 % Fib-level. And right now Litecoin is almost back at exactly where it started its pump. How awful it must be to be Litecoin today.
As you can see, we are right now under the purple Value Area, which means we are in a downtrend. We are at 119 dollars, where we have support because it's a High Volume Node. But the troubles aren't over. D4 hates to say it, but there's not really any doubt that we have to go lower. And the chart will show you 5 reasons for why we will go to the next support level, which is a Low Volume Node at 108 USD.
1. Now, Litecoin has been in a nice downwards channel for days. Look at how it tried to pump and break the channel wall, as mentioned before. It failed miserably, so now we have to go lower, before we can try to make a new attempt.
2. We have just witnessed a steep downtrend, and then a small consolidation, which now has formed a pennant, which predict, that we will fall even lower. This screams weakness and is not gonna end well.
3. Bear volume is strong, bull volume is weak. The relationship between bull and bear volume is quite simple to observe and always a very strong indicator.
4. The RSI confirms that we will go down. RSI is making higher highs, while the price is making lower highs. Hidden bearish divergence.
5. Bitcoin! - Yes, Bitcoin is on the way down, and of course it will not go down in the darkness alone without its trusty companion, the little Litecoin.
There you have it. I always break the truth to you. I feels I must... because...
D4 Loves You <3
Last but not least. I would appreciate if you gave me a LIKE for my hard work here on TV - thx, guys :)
another bearish hidden divergence ! and BTC going down again!look at the previous TA that i post about Hidden divergence ; BTC went down
guys ... this is the same! A BEARISH HD! BTC can go down again!!!
i think this little bounce from 6.6 to 7.2 was manipulation because there was no volume! so pls dont FOMO in!
TRIGBTC a good long positionOscillators Momentum (10), MACD (12, 27) indicates a good buying opportunity. Moreover, VMA (20) HMA (9) MA (10,20), EMA(10,20) shows bullish mood of the coin.
As it also can be seen there is a hidden bullish divergence as the price follows the rule higher lows while price oscillator lower lows.
Summing up a trend reverse with a good indicators status we conclude that this coin is a profitable trade opportunity. Fundamentals are also great new partners and contracts are coming up.
SLSBTC Bullish hidden divergenceThe analysis has started with Bollinger Bands indicator, it was found that before each huge growth of this coin there is a contraction in BB channel, and now a similar contraction is forming. Moreover the price touched Fib 0.618 support level and started to bounce from it. Stoch RSI strengthen this idea. The strongest argument the coin is in bullish mood is that there are higher low at the price chart and at the same time lower low at oscillators chart which means there is a bullish hidden divergence. Our team recommends this coin in the mid term.
Bancor -- Hidden DivergenceLower lows in price, higher lows in RSI/MACD. Think there will be a continued slide, but long term upside for the patient (or those currently accumulating).
NAVBTC Bullish hidden divergenceWe detected a Bullish hidden divergence via volume and price oscillators. However market conditions are bad and risky now we recommend this coin for medium and long term.
The price will head above Fib 0.618 level then it should consolidate and will move down preparing for the next wave of growth till the upper edge of the triangle
WeTrust (TRST) Hidden bullish divergence: let's go!We Trust is a solid coin/project. They have a live solution on the ethereum blockchain since january 2018 and sofar they lived up to their roadmap like clockwork. Vitalik Buterin (founder of ethereum) is one of their advisors. On the chart you see a downtrend based on weekly candles and transferred to the daily chart, the same goes for the horizontal resistance (weekly -> daily).
The two previous lower highs in price, were accompanied by higher highs in the rsi-indictor: hidden bearish divergence, which was followed by a significant drop. When the drop stopped a higher low in price was painted, but a lower low in the RSI-indicator: hidden bullish divergence!
Expect price to bounce from here to at least the horizontal resistance or the former swing point high (green box).
Also notice the lower end of the downward channel is trending below zero! So at some point Trust has to leave the current channel on the upside!
OMG: uptrend despite crypto slumpAllthough I currently hold no position in OMiseGo I really like this token. OMG is about banking the unbanked, starting off in South East Asia. It is an ERC20 token and the first Plasma Network crypto (scaling solution that should allow for up to 1 million transactions per second!). It aims at allowing cross platform operability with a whitelabel SDK wallet (for instance transactions between Paypall and Alipay!!). Their ambition is to process every single transactiojn on the ETH blockchain. They allready have an impressive list of partners as well as advisors, just checkout omisego.network
Price development of OMG shows just how robust this project is, while bitcoin and most alts have been slumping since early january, OMG has allready taken out january's high (in btc price that is). The token is currently in an upward channel pretty close near the low range of this channel. RSI has given us 'Hidden Bullish Divergence' which indicate underlying strength and a good entry or re-entry moment (buy the dips). Look for a move towards the upperband of the channel (near 0.002btc) and if altseason takes of way beyond that!
Hidden bullish divergence, monthly pivot and fib retracementSpotted some hidden bullish divergence with the ultimate oscillator.
Based on previous swings it's not unlikely for price to reach up and touch the R1 monthly pivot as seen last week.
The fib retracement of the last swing is also shown.
It could also just go the other way ¯\_( $ )_/¯.
Ardor: Keep it simple, the only way is up!Another very solid project: Ardor! Ardor is a project of Jelurida, who have been around since 2013! Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility (a huge problem on ethereum, remeber the Crypto Kitties). Ardor is being designed as a complete ecosystem where multiple players can interact with each other without needing to go outside the platform.
Ardor priceaction is very straigthforward: higher highs, higher lows: the definition of an uptrend! Ardor went live on january 1. 2018, we saw a major bullrun while approaching this date, then there was some fud due to the fact that Bittrex closed trading for quite a few days, having internal problems connecting to the new blockchain. Ardor ended up allmost fully retracing the bullrun and hit longtime support a few days ago. The fact that this higher bottem in price led to a lower bottem in the RSI-indicator (hidden bullish divergence) is the icing on the cake!! Look for a new bullrun towards at least the green target box.
Breakout on the 4HIt looks like price could break out of the cloud on the 4H chart. I'd would like to see price and lagging span above the peak of the cloud. And it should be noted that we don't have a bullish future kumo cloud yet.
The ultimate oscillator is showing some hidden bullish divergence. Though I'd like to see price break above the 50 line first.
It could also just go the other way ¯\_( $ )_/¯.
Hope doesn't fade awayMorning starts not with coffee...
I'm not sure that the correction was ended, because this a-b-c wave can be in a wave A in bigge r correction.
And I had some thoughts, that 1-2-3-4-5 was a wedge wave or that a-b-c in fact is a deep wave 4 and it's a first wedge wave in global impulse .
In any case we have good hidden divergence , let's stay watching, that will be next.
Gold (XAUUSD): approaching LONG opportunityXAUUSD is approaching Fibonacci support around 1300.
On daily chart, DXY is currently showing a hidden divengence which would serve as a confirmation of medium-term downward trend.
In accordance with such view, Stochastic oscillator on DXY is within overbought area.
Such a scenario seems to indicate the approaching opportunity for a LONG position on Gold, once Fibonacci support is tested.
Target level could be at previous highs, around 1350 level.
I'll be watching XAUUSD closely..
BEAR BTC/USD. FAKE BULL. HIDDEN DAILY BEAR DIV WARNINGIn my last post, I warned y'all about the Hidden Bear Div on the Daily. Last time we had it, was in June 2017, lost 40% in Price Value on BTC.
Hope y'all shorted on the Ichi Cloud Resistance on the Daily.
These are targets.
Expect a potential retest of Descending TL from 17K, which would be sub $6,000.
Cheers
BTCUSD You See What I See? Hidden Bearish Divergence MACDIf you have look at the daily chart you can see a clear hidden bearish divergence which is a trend continuation sign (confirming that we are still going down). It also forming on the simple RSI too.
On the MACD the lines arent crossed yet. We might move up to 9.5k and possible create a double top there then move down.
Yes we broke the bearish trendline, but it is not as significant as the fact that we also broke the longterm bullish trendline.
Target is still 5k as the fibonacci shows. Let the bulls to take their last breath and let's move down!
***It is NOT a financial advice. It is only my personal opinion***
Please leave a comment below and like it if you think it was helpful!
Bitcoin Hidden Bullish DivergenceAs myself and many others on here predicted ~8k would be support and a possible bottom. Now that we have confirmation it is support... the only question left is whether it is also the bottom!
We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom.
This is reason enough for me to start accumulating bitcoin again to hold, but I am not convinced we will not go lower so I saving most of my cash for lower levels.
The next stop is ~5k if 7.6k Fails.