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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: CrMg on October 29, 2017, 11:43:03 AM



Title: BTC and TOP alts price action.
Post by: CrMg on October 29, 2017, 11:43:03 AM
Greetings, fellow readers! I'm starting this thread in a hope to share some trading insights about BTC and top ALTs, I don't do ICOs and all those low-cap tokens and am focused on primarely top 20 coins by market cap. I'll try to make this thread as useful as possible and amopen to any suggestions/ideas.

I promise to post here regularly, but keep in mind that this blog is part-time hobby for me to keep track of my own discipline, emotions and market thoughts, as I'm not a full-time crypto trader and have a day job. Apart from that I'm working on an interesting crypto-related project for cryptocurrency portfolio management with my partners, which we will be ready to disccuss later on, as it is not user-ready yet.  

1. For now lets start with a context: here's a screenshot of past weeks performance of top 9 USDT-based cryptocurrencies from poloniex (I'm using this exchange).
https://imgur.com/a/lRrjz

This is price action against VWAP and standard deviation bands around the avergage for the past week (23 oct till 29 oct). As you can see BTC looks the strongest, ETH is catching up. Everything else besides ETC seems to be in downtrend.

2. I am a fan of IOTA (https://bitcointalk.org/index.php?topic=1216479.11580) this is why here's basic analysis of this coin on a period of next 2 month.

For IOT to get an uptrend it first has to break the 0.5 level, the trigger for this would be some major announcement from IOT team, new re so you have to monitor their blog. Another possibility for going above 0.5 is a growth of overall market, where BTC leads the way and alts catch up. IOTA has some good-looking cycles, so the next "major" dates to watch for are 23rd of november and 25th of december:
https://www.tradingview.com/x/N1TrcBXV/

My strategy is to wait here. The trend is downwards, I've already bough IOTA at avg. of 0.5 and now I'm a mid to long-term investor!

3. Some BTC thoughts: The trend is strong with this one, some people talk about H&S pattern, but IMO that's not the case here, BTC is going up unless it dives below 5600-5500, so watch it closesly starting next week. Current rate of ascending of BTC, suggests it could reach 6500 by the end of next week:
https://www.tradingview.com/x/8vMclPjw/


Title: Re: BTC and TOP alts price action.
Post by: faithupgrade on October 30, 2017, 12:01:19 AM
Hi what can you suggest,  I sold my btc to USDT at 5700 should I buy BTC to get into 6500 or stay it as usdt. Dont know what to do. I am afraid I might lose the trade??  Thanks for your insight.

Greetings, fellow readers! I'm starting this thread in a hope to share some trading insights about BTC and top ALTs, I don't do ICOs and all those low-cap tokens and am focused on primarely top 20 coins by market cap. I'll try to make this thread as useful as possible and amopen to any suggestions/ideas.

I promise to post here regularly, but keep in mind that this blog is part-time hobby for me to keep track of my own discipline, emotions and market thoughts, as I'm not a full-time crypto trader and have a day job. Apart from that I'm working on an interesting crypto-related project for cryptocurrency portfolio management with my partners, which we will be ready to disccuss later on, as it is not user-ready yet.  

1. For now lets start with a context: here's a screenshot of past weeks performance of top 9 USDT-based cryptocurrencies from poloniex (I'm using this exchange).
https://imgur.com/a/lRrjz

This is price action against VWAP and standard deviation bands around the avergage for the past week (23 oct till 29 oct). As you can see BTC looks the strongest, ETH is catching up. Everything else besides ETC seems to be in downtrend.

2. I am a fan of IOTA (https://bitcointalk.org/index.php?topic=1216479.11580) this is why here's basic analysis of this coin on a period of next 2 month.

For IOT to get an uptrend it first has to break the 0.5 level, the trigger for this would be some major announcement from IOT team, new re so you have to monitor their blog. Another possibility for going above 0.5 is a growth of overall market, where BTC leads the way and alts catch up. IOTA has some good-looking cycles, so the next "major" dates to watch for are 23rd of november and 25th of december:
https://www.tradingview.com/x/N1TrcBXV/

My strategy is to wait here. The trend is downwards, I've already bough IOTA at avg. of 0.5 and now I'm a mid to long-term investor!

3. Some BTC thoughts: The trend is strong with this one, some people talk about H&S pattern, but IMO that's not the case here, BTC is going up unless it dives below 5600-5500, so watch it closesly starting next week. Current rate of ascending of BTC, suggests it could reach 6500 by the end of next week:
https://www.tradingview.com/x/8vMclPjw/



Title: Re: BTC and TOP alts price action.
Post by: giveen on October 30, 2017, 01:39:06 AM
Don't consider to invest anything in alts now you did mention the fact it is going to be for mid term investment let me tell you there is going to be another SegWit in November which means we will again see alts falling it's better to do only short term trading now and set a stop loss.
If you wanna invest , do it a day before the SegWit because at that moment no matter what people will dump alts.


Title: Re: BTC and TOP alts price action.
Post by: Jaya912 on October 30, 2017, 04:55:50 AM
Don't consider to invest anything in alts now you did mention the fact it is going to be for mid term investment let me tell you there is going to be another SegWit in November which means we will again see alts falling it's better to do only short term trading now and set a stop loss.
If you wanna invest , do it a day before the SegWit because at that moment no matter what people will dump alts.
Yes. Like last fork all altcoin is dumps. Untill now it can not back to treck as normal again since its really hard.
Better for me to do day trading then long or middle term before segwit2x.


Title: Re: BTC and TOP alts price action.
Post by: sharan_vij on October 30, 2017, 05:08:23 AM
My take is buy time for altcoins..... certain valuable alt coins are in good price


Title: Re: BTC and TOP alts price action.
Post by: olubams on October 30, 2017, 05:17:19 AM
The last part of the analysis caught my attention and that is concerning the prediction of btc because currently, the price is tilting towards that direction which is one plus for you but looking at the time the post was made, its possible that the trend had been seen before you make the costs which is obvious anyone would have seen that coming without having to rely on some report of some sort. The bone of contention is to only put what you can afford to lose or you won't need shot term because that is only what can guarantee a peaceful sleep in case things goes sideways.


Title: Re: BTC and TOP alts price action.
Post by: trecore4 on October 30, 2017, 05:26:22 AM
Okay read it but that sound completely like a normal trader and investor of the alts. Plus I don’t think there is much difference between ICO investment and afterwards investing in it as alt coins. After the hitting the exchanger there are more chances of capturing the market cap to millions fold and hence the prices pump for the initial phase and leads to generation of revenue.


For IOTA or for any other ICO token its the same thing if they are hitting with great market cap and plus its been pumped after the exchanger listing. Early investors are always benefited but we have to look after the proper entry and exit points in the trade.



Title: Re: BTC and TOP alts price action.
Post by: CrMg on October 30, 2017, 07:08:47 AM
Hello, guys!

Thanks for your insights! Here's my analysis for right now.
Context:
https://imgur.com/a/cntEq - past week,
https://imgur.com/a/kBraQ - past day.
LTC, DASH, ZEC, XRP all are coming into play.

BTC: if you didn't buy yesterday around 5700 - 5800, now I would rather wait it out. Trend is upwards, this is just not my setup, I like to buy at pullbacks. We could see inside day today and continued breakout tomorrow, watch price action closely. BTW, tuesdays are statistically among best performing days for BTC (more on that later). But this doesn't exclude possibility of continued run upwards today. Targets are still the same - around 6500.

LTC: Daily TF looks like price is building an ascending base around the trendline. https://www.tradingview.com/x/lCR56T6a/
4H doesn't show any trend, more like a consolidation, I would like to see break above 58, retest with my EMA 34 clearly sloping upwards and then look for a trade. https://www.tradingview.com/x/X6CUPMk3/

DASH: Same as LTC here, don't see much and would rather wait for confirmation that current pullback from the end of august is over. Volatility is falling, trading volumes are falling, local trend will be established when price breaks 300 and retraces.
https://www.tradingview.com/x/FQ0GwMi0/

XRP: has good support around 0.17 - 0.18, but price action seems to be stuck in consolidation between 0.20 - and 0.30 (judging by most recent pullback). I like the Idea that recent lows are getting higher. https://www.tradingview.com/x/jXvtdLkB/
I bought at the arrow last time around 0.20, but didn't close out the trade and now am stuck with the position. https://www.tradingview.com/x/3AW1Cyh9/

That's it for today, as I'm at work! Will be back later tonight.


 



Title: Re: BTC and TOP alts price action.
Post by: deadsilent on October 30, 2017, 07:23:52 AM
Don't consider to invest anything in alts now you did mention the fact it is going to be for mid term investment let me tell you there is going to be another SegWit in November which means we will again see alts falling it's better to do only short term trading now and set a stop loss.
If you wanna invest , do it a day before the SegWit because at that moment no matter what people will dump alts.

Yes, there's upcoming fork on Bitcoin in November. So expect the altcoin market to bleed for weeks again. But actually that's the right time to buy altcoins because they are way more cheaper than before. Actually, i bought some miotas a long time ago. Not that huge but i think i could get huge profits from that in a ling run. IOTA is a good long term invest because the devs are very active. Im pretty confident about this altcoin. I have some SYS, STRATS and XRP on my bag too.

Anyway, can't blame others why they dump altcoins for Bitcoin. They want quick money. So this is the best and quick way to get free money. Segwit2x seems good though. I think it's price may be higher than the other forks of Bitcoin.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on October 30, 2017, 07:24:22 AM
Don't consider to invest anything in alts now you did mention the fact it is going to be for mid term investment let me tell you there is going to be another SegWit in November which means we will again see alts falling it's better to do only short term trading now and set a stop loss.
If you wanna invest , do it a day before the SegWit because at that moment no matter what people will dump alts.

You mean there will be 4th version of BTC? This is getting ridiculous


Title: Re: BTC and TOP alts price action.
Post by: faithupgrade on October 30, 2017, 11:21:19 AM
Hi Mr.  OP I just bought some STR because of the tanking formation in a triangle pattern.  Can I have your insight about STR XLM? Do you think it will pump or will go down.  Thank you.


Title: Re: BTC and TOP alts price action.
Post by: reflector on October 30, 2017, 12:53:52 PM
Don't consider to invest anything in alts now you did mention the fact it is going to be for mid term investment let me tell you there is going to be another SegWit in November which means we will again see alts falling it's better to do only short term trading now and set a stop loss.
If you wanna invest , do it a day before the SegWit because at that moment no matter what people will dump alts.

Investing in altcoins are not big matter still you can trust and invest your money in that. If you want to go with the altcoin ICO token sale you have to go through the white paper release and blog of them. If all fine you blodly invest your money towards. Still bitcoin investment option is more than altcoins one, value is growing and adoption takes bitcoin in better place.


Title: Re: BTC and TOP alts price action.
Post by: bitcoinisbest on October 30, 2017, 12:57:53 PM
Hi Mr.  OP I just bought some STR because of the tanking formation in a triangle pattern.  Can I have your insight about STR XLM? Do you think it will pump or will go down.  Thank you.

Stellar has recently being dropping a lot. I saw it last week it was much better and poised to set to move ahead but not sure what made the prices pull it down. Most of the altcoins are now moving in the other direction as btc. Btc is rising but altcoin are going down in value.  Lets us wait will it start to rise from here or still fell more.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on October 31, 2017, 05:47:19 PM
Hi Mr.  OP I just bought some STR because of the tanking formation in a triangle pattern.  Can I have your insight about STR XLM? Do you think it will pump or will go down.  Thank you.

Sure, here are my charts of VWAP
1Y: https://imgur.com/a/B2l7z - can't really say that this looks very strong, VWAP is trending down, price is flirting with it.
1M: https://imgur.com/a/PUJ0d - sideways price action, confirmed by flat VWAP, price is below it and could test lows around 0.025

Daily TF looks good though - we had a nice impulse up and break from the consolidation (shaded area on chart) and top of consolidation around 0.025 which coincides with 34 EMA (which imo tracks trend really well).
I would watch STR somewhere here and would look for longs around 0.025 with confirmation on lower timeframes, if you already bought i suggest HODL with stop below the middle of consolidation  (0.018 - 0.019) or even beter around 0.01.
https://www.tradingview.com/x/XltePTao/





Title: Re: BTC and TOP alts price action.
Post by: CrMg on October 31, 2017, 05:52:25 PM
Remember guys I promised to break down avg. BTC gain by day of week?
Well, here it is: I took polo data from 1 jan 2017 and calculated avg returns (in %) by day of week, here they are, judge for yourself:

SUN   0.08
MON   0.24
TUE   0.16
WEN   0.08
THU   0.22
FRI   -0.01
SAT   0.10

Later on I will break this down by trading sessions (Asia, Europe, USA) This is a bit tedious work, so give me some time =)


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 01, 2017, 06:43:55 AM
Here's month of october in context: https://imgur.com/a/X4dTo
As you may see, BTC is an undisputable winner. Everything else just doesn't look so good.

I'm hodling Bitcoin Cash, as I recieved some of it because I was holding some BTC prior to the first fork, glad to see it started tanking again, just by looking at daily TF i can say that downtrend is broken for now, as the price breached middle of october high at 400, this is the price where it would be nice to look for longs if price retraces there. https://www.tradingview.com/x/5GmTCjHN/



Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 02, 2017, 06:48:37 AM
So BTC reached the target of 6500 and continues to go higher. Current run up timewise is the same as previous leg when BTC went up from 2K to 5K, so i'm anticipating a pullback.
https://www.tradingview.com/x/nOoVS6M0/


Title: Re: BTC and TOP alts price action.
Post by: jorneyflair on November 02, 2017, 07:17:00 AM
IOTA is definitely interesting since it has been in a downward slope ever since it first got pumped. Not much action happening and it has dropped out of the top 10 cryptocurrencies market cap as well, which isn't exactly great news.

Also, the fact that btc is getting pumped means that altcoins are suffering right now.

Once BTC sees a dip, alts will rebound.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 02, 2017, 08:37:00 AM
IOTA is definitely interesting since it has been in a downward slope ever since it first got pumped. Not much action happening and it has dropped out of the top 10 cryptocurrencies market cap as well, which isn't exactly great news.

Also, the fact that btc is getting pumped means that altcoins are suffering right now.

Once BTC sees a dip, alts will rebound.

Yep, I hope so, I'm stuck with my 5000 MIOTA! it is trending down and i would like to see huge volume on it around 0.3 and lower!




Title: Re: BTC and TOP alts price action.
Post by: jorneyflair on November 02, 2017, 08:39:22 AM
IOTA definitely is an interesting choice. Their team is also interested in implementing anonymity into their coin which is extremely promising if they can actually pull it off. However, the currency itself is definitely still quite young.

Lots of potential to show, in my opinion. But right now, we may see some further dips before a pump back up to 0.5 USD+.

The downward trend has to stop soon though.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 05, 2017, 01:50:26 PM
Hi all, here's past week in context of trend and VWAP:

https://imgur.com/a/5piZb

BTC is the king, the train left so now i don't look for any buys here, waiting for pullback. I also like how ETC and ZEC behaved, lets look closely at those

1. ETC: testing very strong level now https://www.tradingview.com/x/WPXtaF2b/ i didn't follow this currency last week and missed this move up, and right now IMO its late to consider any entries. Watch and wait to see what price does next. 2 scenarios to whatch here:

- Price retraces back to 11.5 and there is volume indication of support on that level - buy with target at 16
- Price breaks above 14 and quickly moves to 16 - wait for it retest 14 and look for buys there with initial target at 16 and second target at 19
https://www.tradingview.com/x/PY3mCuBI/

2. ZEC: Nothing here, price is basically consolidating, wait for breaout and confirmation.
https://www.tradingview.com/x/NIgifRwv/




Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 05, 2017, 01:53:09 PM
IMO it's good time to buy EOS, if not here around 1$, then around 0.9 - 0.8 with evenly-spread-out orders.
https://www.tradingview.com/x/iZfCtnMi/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 05, 2017, 02:35:51 PM
And here's monthly VWAP (lookback = 1 month back - starting on 9th of october till today) for longer-term perspective. Only BTC and ETC  show strength (trade above VWAP)
https://imgur.com/a/K63al


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 05, 2017, 02:37:07 PM
I will later add same VWAP charts for stuff that's not on Polo like IOTA, EOS, NEO, OMISGO e.t.c. I will use bitfinex for this purpose.


Title: Re: BTC and TOP alts price action.
Post by: Pfizer on November 05, 2017, 02:38:17 PM
IOTA definitely is an interesting choice. Their team is also interested in implementing anonymity into their coin which is extremely promising if they can actually pull it off. However, the currency itself is definitely still quite young.

Lots of potential to show, in my opinion. But right now, we may see some further dips before a pump back up to 0.5 USD+.

The downward trend has to stop soon though.

That's correct. Their blockchain will be very useful in the future for especially casino platforms. Check bitdice casino project's partnership with IOTA infrastructure. I really trust their team and have IOTA in my portfolio.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 06, 2017, 11:50:42 AM
IOTA definitely is an interesting choice. Their team is also interested in implementing anonymity into their coin which is extremely promising if they can actually pull it off. However, the currency itself is definitely still quite young.

Lots of potential to show, in my opinion. But right now, we may see some further dips before a pump back up to 0.5 USD+.

The downward trend has to stop soon though.

That's correct. Their blockchain will be very useful in the future for especially casino platforms. Check bitdice casino project's partnership with IOTA infrastructure. I really trust their team and have IOTA in my portfolio.

Whats your peculative view on IOTA? This is trading and price disscusion thread.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 06, 2017, 01:18:14 PM
EOSUSD update:

Wait for now, no sign of trend change on lower timeframe: https://www.tradingview.com/x/8yBebUeL/


Title: Re: BTC and TOP alts price action.
Post by: Twinkledoe on November 06, 2017, 01:31:43 PM
This is a nice thread to refer to when you want to earn profit from trading. And also, if you want the latest updates regarding the movement in altcoins especially if you are not online 24/7 to follow such trend. Will keep watching and reading this thread. Thanks!


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 07, 2017, 08:19:12 AM
This is a nice thread to refer to when you want to earn profit from trading. And also, if you want the latest updates regarding the movement in altcoins especially if you are not online 24/7 to follow such trend. Will keep watching and reading this thread. Thanks!

Thank you! I will do my best! =)
BTW BCH looks like its ready to climb higher and retest 700. Go to lower (intraday timeframe and wait for entries there)
https://www.tradingview.com/x/RpYRXMYd/
I personally would like to see something like this:https://www.tradingview.com/x/IxXzIpiv/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 07, 2017, 08:27:44 AM
This is a nice thread to refer to when you want to earn profit from trading. And also, if you want the latest updates regarding the movement in altcoins especially if you are not online 24/7 to follow such trend. Will keep watching and reading this thread. Thanks!

Thank you! I will do my best! =)
BTW BCH looks like its ready to climb higher and retest 700. Go to lower (intraday timeframe and wait for entries there)
https://www.tradingview.com/x/RpYRXMYd/
I personally would like to see something like this:https://www.tradingview.com/x/IxXzIpiv/


But judging by BTC, longing BCH is not such a good idea without confirmation. BTC itself is correcting to the last leg up: it broke trend channel, currently retests it and could get lower to test 6900 - 7000 https://www.tradingview.com/x/ws6geOxK/ In the xontext of trend which started at 3000, we could see a move to a lower channel boundary at around 6500 - 6600. Let's wait and see!


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 08, 2017, 07:08:07 AM
Greetings, traders!

Looks like we had a nice run up on everything including alts, I'm closely weatching EOS, if you managed to get in at 0.9 - 1 - thats perfect, I'm waiting for pullback and entry around 1.

https://www.tradingview.com/x/TryzD3Yh/


Title: Re: BTC and TOP alts price action.
Post by: Ben271286 on November 08, 2017, 07:23:01 AM
Thanks for your thoughts...
I will wait for a bigger corr on btc...
I really prefer to take a look at tradingview for some TA pros...only thing u can do is swallow all infos u can get and make own decisions.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 09, 2017, 07:05:18 AM
Greetings, traders!

Main news from yesterday is the cancellation of BTC SegWit2x fork: https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

A lot of manipulation and speculation is going around this fork: https://twitter.com/IamNomad/status/928430193827606528 I don't know whom to trust, so I will trust my charts!

On these news BTC made a nice run up and I believe many traders who bought at 7200 - 7600 got caught and ended up with the losing position. It is a beatiful manipulation, indeed! Talk about hard fork, run the price up, then cancel it! Nevertheless you never sell BTC, just HODL, so we have to watch pric action to see what happens next with BTC. Trend is strong and will shift downwards if price manages to dip below 7000, but right now I would suggest to go to lower TF and look for longs there. I'm out of positions in BTC and watching: https://www.tradingview.com/x/EOj6CgNt/


Current monthly context for top ALTs looks like this: https://i.imgur.com/e03B7ec.png Watch for LTC, DASH, ETC and XMR. XRP, ETH still need to catch up. (this chart is as of 12H ago, so PA has changed today already)

1. LTC: good place to place BUY Limit orders is around 58 - 60, with first target around 70, then 80, then 90:https://www.tradingview.com/x/2JDN26Hg/

2. DASH: Nice run up after trendline break, if you didnt long at 285-290, wait for pullbacks and go long (I would love to see it drop back to 300, but this might just not happen), target is 350:https://www.tradingview.com/x/7UjROHIm/3

3. ETC: looks like scenario 2 from my previous analysis is unwinding, I'm long from 13.5 - 14 (placed evenly spaced limit buys there).
First target is 16, second target is 19:https://www.tradingview.com/x/RnZBfc8y/

4. XMR missed this beauty (can't catch them all) but looking for pullbacks and longs. https://www.tradingview.com/x/qb5ZO9Cq/




Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 10, 2017, 08:39:00 AM
BCH: if you bought at pullback around 600, now its nice place to partially scale out of your position, don't be too greedy and always fix profits ;)
https://www.tradingview.com/x/1t9EawvZ/


Title: Re: BTC and TOP alts price action.
Post by: Ponylon on November 10, 2017, 04:02:49 PM
You can't really go wrong with IOTA, as you've mentioned it's a great project and the benefits will show up in the future. The IoT is virtually non-existent so at the moment there aren't many use cases, but in the future when IoT and machine learning play an increasigly important role, you'll be ready with you investment to profit for them. They have been great from the very start (ICO) and keep up the comunity with everyting new that is being implemented, which is quite cool. I hope to see more projects mirroring IoTA because there are a lot of things to learn here, and a lot of case studies to explore (as to how you should run a project).


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 11, 2017, 12:40:42 PM
You can't really go wrong with IOTA, as you've mentioned it's a great project and the benefits will show up in the future. The IoT is virtually non-existent so at the moment there aren't many use cases, but in the future when IoT and machine learning play an increasigly important role, you'll be ready with you investment to profit for them. They have been great from the very start (ICO) and keep up the comunity with everyting new that is being implemented, which is quite cool. I hope to see more projects mirroring IoTA because there are a lot of things to learn here, and a lot of case studies to explore (as to how you should run a project).

Help the project, use this: https://www.reddit.com/r/Iota/comments/6zifzu/spamming_the_tangle_with_transactions_helps_with/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 11, 2017, 12:52:07 PM
I did Bitfinex, here are 1-month history charts.

https://i.imgur.com/bUtRSPi.png

EOS, IOT, XMR looking better than others.

Positions:

1. BCH - man, sold it too soon at my previous news. The hype around it is astonishing, with the cancelation of SegWit2X for BTC, people started to buy BCH like crazy, and the project team itself makes a great marketing out of it, claiming that BCH could become the "main" bitcoin soon!

2. ETC is doing great, waiting for 19 to sell partially, buying at pullbacks

3. Bought some XMR right here:

https://www.tradingview.com/x/J5zosptX/

First target is 130.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 13, 2017, 07:50:28 AM
Context for today (1 month price charts with VWAP):

https://i.imgur.com/aiZFoU0.png

EOS, LTC, ETH are worth watching for, IOT and XMR trains are gone for now.

BTC is climbing lower and broke major trend, I'm biased downwards now and will look for shorts around 6600 - 6800
No idea about targets, but will personally watch volumes - they have to be of the same or greater magnitude than on previous low at 3000.

https://www.tradingview.com/x/qpLQ67y8/



Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 13, 2017, 07:52:54 AM
EOS: definitely a good place to buy more, or just buy if you didn't earlier: Price is about to jump higher. Stops below 0.9, target at 1.8

https://www.tradingview.com/x/286CDGKO/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 14, 2017, 06:20:24 AM
Time to buy more IOTA my friends:
If current pace holds, next target is 0.75

https://www.tradingview.com/x/vlw4mFZE/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 14, 2017, 06:39:00 AM
DASH:

broke out ATH at 400 and now testing it back, i'm going long with the target of 500!

https://www.tradingview.com/x/f4z8rECf/


Title: Re: BTC and TOP alts price action.
Post by: yua_na on November 14, 2017, 11:09:34 AM
In my opinion bitcoin will still exist and the top altcoin is always ethereum for smart contract pioneer. Maybe there will be another good altcoin but not with the smart contract thing. It need new feature. Maybe boscoin or exscudo. Boscoin really good coin and the first coin will use TAL and OWL chain.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 16, 2017, 07:15:00 AM
Trading update:

1. Sold my EOS, couldn't wait till 1.18, so got out at 1.16
2. IOTA - nice move up, right to my initial target at 0.75, I'm a long-term investor here, so i will hold IOTA further.
3. DASH - went long 3 days ago (See my previous posts), not much action here, but long scenario still hasn't been cancelled.
4. Holding ETH (also one of my long-term ones) from 290, no idea and no urge to get out from this one.
5. BTC - as usual, it says "F.CK YOU" to all the non-believers and continues to climb higher! Unfortunately, i didn't get more of it at the bottom of current pullback.

 


Title: Re: BTC and TOP alts price action.
Post by: Dralarn on November 16, 2017, 01:44:35 PM
IOTA already a good run, today it increased by about 20% which is quite a lot, the market cap is sitting at about two billion, and the more people believe in the IoT (you don't even have to believe in it, it will simply happen) the better. After the cancellation all the money was running away from BTC to atlcoins and IOTA was one of the beneficiaries. People are looking for good alternatives and I'm wondering how IoTa is still not one of the best performing coins out there (top five) I guess that will come with time. BTC right now is quite bullish as well, because you have all these news about CME and other institutions adopting BTC so that might increase the price even further in the short term.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 20, 2017, 06:56:36 AM
Greetings, trades! Here's some context:

Bitfinex VWAP 1month back: Nice trends everywhere. XRP and NEO are yet to catch up to the rest of stuff.

https://i.imgur.com/7JltP6r.png

Poloniex VWAP 1month back: BCH anyone? =)

https://i.imgur.com/t9uk0tn.png


Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 20, 2017, 06:57:41 AM
My positions:

I'm out of everything except IOT, ETH, XRP, BTC and about 20% of my portfolio is cash now.
Hodling these my long-term investments!



Title: Re: BTC and TOP alts price action.
Post by: CrMg on November 21, 2017, 06:48:57 AM
Bought some NEO here around 36, target is around 70. Stop right below 29, lets see what happens!

https://www.tradingview.com/x/Xfbl3j2Q/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 04, 2017, 06:08:03 PM
Sup, guys! Haven't been around for a while, trends been doing great! All my BTC, ETH, LTC, XRP (not so) and especially IOT brought some nice profits. Riding the trend! NEO - not so much, its been acting weirdly especially regarding the spike to 4, it did recover though. Talk about liquidity here - seems like some algos are running this coin, gotta check.

I will do update on VWAP shortly.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 06, 2017, 07:24:04 AM
OK, so here it is. I'm having troubles with my matlab code, so can't really post VWAP updates, but theres no need to. everything is trending. I will do some tradingview charts now of the stuff that's interesting imo.

1. ETH: sold it at 475, now looking for re-entry. Good spot is area around 400. If price won't retrace I will look for some flag patterns here.

https://www.tradingview.com/x/PiSYk6ou/


2. ETC same goes for this coin: watch for retrace back to 24 and look for longs there. Won't post the screen not to overwhelm the post.

3. EOS, XMR, DASH, IOT - all rocketing up, I don't even know what to post about these gems. Gladly, I'm holding IOT.

4. XRP - got out of it, since its consolidating, no interesting stuff here until it breaks 0.3

5. BTC - you just hold it. Never sell BTC, e.t.c.





Title: Re: BTC and TOP alts price action.
Post by: Oakey22 on December 06, 2017, 08:14:27 AM
Sell everything and just buy XMR, you can thank me when it hits £500 and if you hodl even longer you will see the moon


Title: Re: BTC and TOP alts price action.
Post by: 1020kingz on December 06, 2017, 08:21:01 AM
Thank you for posting this, I think you did the right thing bro, im planning also to invest in IOTA for long term investmen Its price now is very promising to increase we hope it will sustain for the next year to have us good profit..


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 07, 2017, 12:05:26 PM
Thank you for posting this, I think you did the right thing bro, im planning also to invest in IOTA for long term investmen Its price now is very promising to increase we hope it will sustain for the next year to have us good profit..

BTW good place to buy more IOTA, imo: somwhere in the shaded area:
Didn't post it on the chart (but its a fib confluence level + EMA support + nice A-B-C like pattern pullback.

https://www.tradingview.com/x/PrGJbNpx/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 07, 2017, 12:08:02 PM
Sell everything and just buy XMR, you can thank me when it hits £500 and if you hodl even longer you will see the moon

Monero been acting strong, indeed! I bought it at 100 and sold it at 130, now I'm biting elbows. But you can't win them all, unless you're a HODL-er, lol. BTW, IOTA just recently had a demo where the made a monero-like mixer for super-security and anonimity, read their blog!



Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 07, 2017, 12:10:55 PM
I'm buying some ETH right here:

https://www.tradingview.com/x/dmfZiOxc/


Title: Re: BTC and TOP alts price action.
Post by: GubiMixa1292 on December 07, 2017, 12:50:13 PM
I saw this guys predict history and seem he suggest buying/ selling really good. Hope to get some suggestion about BTG :D thanks


Title: Re: BTC and TOP alts price action.
Post by: Vit83 on December 07, 2017, 03:58:53 PM
AL alts are bleeding because of BTC PUMP:( Where BTC will stop;) can u predict)?


Title: Re: BTC and TOP alts price action.
Post by: dg2010 on December 07, 2017, 06:58:42 PM
Your strategy is very good and it is also safe. Choose Bitcoin and some of 20 altcoins. In my opinion, ETH, Stellar,Monero, Bitcoin cash are suitbale for your plan. I believe whole them are good for holding in long time.


Title: Re: BTC and TOP alts price action.
Post by: ictin on December 08, 2017, 02:32:26 AM
Thank you for posting this, I think you did the right thing bro, im planning also to invest in IOTA for long term investmen Its price now is very promising to increase we hope it will sustain for the next year to have us good profit..
Yes, IOTA really makes many people surprise when it has a pump recently. Many experts said that, with own technology (Internet of things), IOTA is really a   big competitor which can replace Bitcoin in the future. Therefore, I will spend 50% my fund to hold IOTA


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 13, 2017, 06:07:54 AM
Hello!

XRP finally broke its range, so I'm looking for pullbacks to 0.3 to go long

https://www.tradingview.com/x/xKXCd1AQ/

I missed the LTC rocket, however my ETH trade (see previous post) made me some good profit, I'm out in cash now (sold at 600).

IOT: good place to buy more IOTA =)

https://www.tradingview.com/x/ES2PMV69/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 14, 2017, 07:03:35 AM
Hello guys!

Not much to write about, everything is rocketing (Christmas rally, yay!)
XRP doesn't leave any chances for pullback. I'm closely watching NEO and OMG.

NEO - I'm in from 36. Target around 60.

OMG - didn't go long yet, but I love higher TF picture, looks like we are staarting an impulse wave 3: 28 and 40 are very possible target levels
I will look for pullbacks to go long here

https://www.tradingview.com/x/nSd2rwmp/








Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 15, 2017, 06:59:43 AM
IOT is going lower than my additional entry point, I'm going to get more of it here, at 3 and at 2.5. I'm a firm believer in this project and consider this cryptocurrency not as a speculation, but rather as a long-term investment.

Everything else looks like its too late to consider, maybe except for NEO, OMG - the ones I wrote about yesterday.

I'm also looking at BCH right now, I like the setup and am ready to put some of my money into it.

https://www.tradingview.com/x/PHfPB0dV/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 18, 2017, 07:18:48 AM
I'm longing XRP and BCH. No charts, just FTW! =)



Title: Re: BTC and TOP alts price action.
Post by: CrMg on December 19, 2017, 06:38:41 AM
XEM looks like its taking off:

https://www.tradingview.com/x/p9gjOHg2/

With this new wave of hype, i got tired of waiting pullbacks, so maybe good place to go long would be right here? dunno, but i'm betting small amount of my money on this coin. first target is 8.5K satoshi, then 13K, then sky is a limit =)


Title: Re: BTC and TOP alts price action.
Post by: Kocret02 on December 19, 2017, 07:19:25 AM
XEM looks like its taking off:

https://www.tradingview.com/x/p9gjOHg2/

With this new wave of hype, i got tired of waiting pullbacks, so maybe good place to go long would be right here? dunno, but i'm betting small amount of my money on this coin. first target is 8.5K satoshi, then 13K, then sky is a limit =)

the target of 8.5 K for XEM is very good, so it's still standard and you should note that with your target still need time process so can not rise drastically and fast.


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 06, 2018, 01:59:25 PM
Hi all, its been a while since I've been here - had a wonderful oliday with my family. Back on track again. Here is BTC (XBT from bitmex)

Looking for longs here with target of 18000, dont jump in yeet, wait for confirmation from lower TFs:

https://www.tradingview.com/x/KnPvcC6F/

Apart from BTC, I;m still in IOT, got some BTS and STR. Hello to the guy who kept STR from 0.025 from one of earlier posts here, you my man! =)



Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 11, 2018, 07:59:53 PM
Hello guys, I'm trading BTC now on bitmex, no ALTS as I've decided to hodl my portfolio just for the fun of it for one year to see what happens (I cuurrently have BCH, IOT, STR, BTS in alts)

BTC is moving south, but within the Value area of current consolidation:


https://www.tradingview.com/x/8USJAcVj/

Tomorrow is friday, worst day for BTC statistically, in the context of downtrend i would suggest to at least wait it out.

1H TF is in downtrend below weekly VWAP and moving south, next logical stop is 12K:

https://www.tradingview.com/x/8bHN0xH2/

Intraday we didn't see any directional moves today, VWAP is flat, currently big volumes on 5M candles, however in the context of current higher TF trend i would suggest to wait for a pullback to VWAP at 13600 and look for shorts there:

https://www.tradingview.com/x/83DhfueQ/

The good short i missed was around 13800-13600 now.



Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 12, 2018, 06:49:38 AM
OK, breaking my own promises, but XRP is ready to go up again - nice pullback to moving average and nice candle pattern. Go long now!
I'm in STR and out of cash, so just watching this.

https://www.tradingview.com/x/TmxPsfOn/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 12, 2018, 06:55:03 AM
Yesterday's BTC analysis proved to be wrong, we didn't go down 3rd asian session in a row. Looks like low of currenct consolidation is holding for now. Downtrend is not finished yet. Watch closely 14000 - 13600 for going south


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 15, 2018, 07:00:58 PM
Some thoughts on current BTC situation (I do my speculative bets on XBT, so will provide charts of this instrument).

Medium-tern trend is still downwards, as price posts "major" lower highs and lower lows below last weeks vwap. Second part oft last week was basically range from 13000 to 14250
https://www.tradingview.com/x/vxelL5Z6/

Todays move higher makes local trend look like its time to buy now - price is "stuck" between longer term vwap (red rectangle), and todays vwap (green rectangle).
https://www.tradingview.com/x/i7Iuu0JS/

However in the context of longer term trend i would not buy here, i would rather want to see something like this (see chart below) to go long:
https://www.tradingview.com/x/etJL8hpM/

Cheers!









Title: Re: BTC and TOP alts price action.
Post by: MichaelKell on January 15, 2018, 07:26:26 PM
When Lightning will be implemented to bitcoin?


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 18, 2018, 06:10:57 PM
When Lightning will be implemented to bitcoin?

already is, take a look: https://lnmainnet.gaben.win/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 18, 2018, 06:28:42 PM
Some more BTC thoughts:

I like the way pullback looks on 4H TF, however would want to see price rise to 12300 - 12700 to test regression trend and low volume area of volume profile. There I will look for intraday trend to turn downwards again and only after that will look for shorts. Stochastic lined up for a perfect pullback, btw

https://www.tradingview.com/x/uwGOw1Fh/

I'm a bit onfused by daily TF since 1D bars suggest if not a reversal, at least 1-2 day retrace. However tomorrow is friday, statistically worst day for BTC performance, so we're getting mixed signals here.

If this happens, i will short with target at 8500

https://www.tradingview.com/x/ufRwJZsP/


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 21, 2018, 11:44:08 AM
Hello!

Nice place to watch for BTC long: weekly VWAP + lower band of regression trend.

https://www.tradingview.com/x/t4Fj8tyB/

Will wait for move higher and pullback on 5M timeframe to look for longs:

https://www.tradingview.com/x/O4KqRTI1/



Title: Re: BTC and TOP alts price action.
Post by: Good Bo on January 21, 2018, 12:12:49 PM
Hi Mr.  OP I just bought some STR because of the tanking formation in a triangle pattern.  Can I have your insight about STR XLM? Do you think it will pump or will go down.  Thank you.

I think STR and XLM are good idea to invest in because the marketcap is high.
If high marketcap means the they have big community and i am sure the price will goes up.


Title: Re: BTC and TOP alts price action.
Post by: blue_hurricanger on January 21, 2018, 01:58:21 PM
I see when BTC drop, altcoin suffer the most.


Title: Re: BTC and TOP alts price action.
Post by: prabakharras on January 21, 2018, 04:03:08 PM
just wondering what people here still think about Tron https://www.coingecko.com/en/price_charts/tron/usd?


Title: Re: BTC and TOP alts price action.
Post by: CrMg on January 21, 2018, 05:17:53 PM
UPDATE:

Setup up didn't work out. Price formed double top at daily vwap and poc and went straight down from there. there were short opportunities here:

The main idea to grasp here is that if you have a good long setup and it doesn't workout, you better go short:

I've been long at 12000, got stoped out at break even, and didn't go short as I was biased upwards.

https://www.tradingview.com/x/HtL6lazu/



Title: Re: BTC and TOP alts price action.
Post by: SideR on January 21, 2018, 10:43:29 PM
Hi! Thank you for your works and good info. Please, can you write about NEO - top 10 market cap coin?


Title: Re: BTC and TOP alts price action.
Post by: befriendmywater on January 22, 2018, 07:39:26 AM
What do you think about Siacoin ? Can you give me some predictions about it too ? thank you very much.


Title: Re: BTC and TOP alts price action.
Post by: jackjackfly on January 22, 2018, 09:26:42 AM
Maybe it's still enough time to buy some ripple. But I'm not sure if it is already not too late for purchase. I'm hesitating, but it should be worth trying


Title: Re: BTC and TOP alts price action.
Post by: AngelSky on January 22, 2018, 10:03:32 AM
What do you think about Siacoin ? Can you give me some predictions about it too ? thank you very much.

Siacoin is the choice for the many miners due to its less difficulty rate dude. I see many people invested on siacoin in the trading sites as well. You can invest on the siacoin if you are looking for term profit.
I am 100 percent sure that sia will rock with in some months or in a year. I can compare this coin to Ripple's growth. Even this coin stable around the same cent level value and waiting to touch the peak soon.