Official Cryptocurrency Trading Thread

[SilverRex]

ETH

my current count feels like ETH had a truncated 5th down to end the bottom and now sub iv in progress in a new cycle. would be extremely exciting if we could see a fifth wave higher. also expecting Hive.v to hit about 2.00 as it is for the first time since January, it has continuously closed above the 200 day moving average on the hourly along with a channel breakout

[SilverRex]

ETH

well this is great, no one is talking about crypto anymore and slowly and it is building off a good solid 5 waves off the low. it is coming up the multi-month down channel line which I do not see it breaking on first try. we get our usual wave 2 correction back to the 440-480 area (typical) and I am sure everyone will again be, here we go again, lower low ahead... well...then the unfathomable happens.

[nzwasp]

Im enjoying finally seeing some gains in my portfolio, BAT had a big jump yesterday with its announcement of partnering with Dow Jones.

[Kobe]

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ETH

well this is great, no one is talking about crypto anymore and slowly and it is building off a good solid 5 waves off the low. it is coming up the multi-month down channel line which I do not see it breaking on first try. we get our usual wave 2 correction back to the 440-480 area (typical) and I am sure everyone will again be, here we go again, lower low ahead... well...then the unfathomable happens.

Don't get me wrong i've been following BTC non-stop

Step 1 on changing gears complete, now to hold? (on log Scale)

[nzwasp]

Binance has introduced a new feature to turn your 'dust' into BNB. All my dust got me roughly half a BNB.

[SilverRex]

btc

looking at BTC, not only it has broken out on April 19th from a multi month down channel line as someone has posted earlier we also have confirmed 5 waves up. now in correctional territory. looking for a possible ABC back test of the breakout line between 7700-8500 range in the coming days, then the next move should be fun.

and yes ETH over shot my upper target but count is similar to BTC

[SilverRex]

lighting up my XRP/LTC position during this bounce looking for another drop

[SilverRex]

BTSC which was one of the best performers 400% off the low, appears to be consolidating/flagging. the turn date over the Easter weekend continues to hold. I expect crypto is now gearing up for a very good move in May. I have since added back my XRP/LTC that I sold not much of gain since this correction has been pretty much side ways.

[Kobe]

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BTSC which was one of the best performers 400% off the low, appears to be consolidating/flagging. the turn date over the Easter weekend continues to hold. I expect crypto is now gearing up for a very good move in May. I have since added back my XRP/LTC that I sold not much of gain since this correction has been pretty much side ways.

Kind of disagree, seems bears are still in control..

At one point a few hours ago ETH tried to make a push...

There was around 6,000ETH (5mil?) worth of buywalls (Real ones) and price went up $13




Bulls seem to have lost steam in the fight this round.. If we do hit the 10.8k I'd expect a big crash? The 4.5k-5k BTC still in play...

[nzwasp]

CNBC put out an article yesterday saying a major price correction is coming and few alts will survive. Seems like they are playing the FUD game to the max. Unsure why though.

[SilverRex]

ETH

count remains the same, we had a shallow wave 2 pull back and appears to be a running flat where wave (c) is higher than wave (a) which happens when things are more bullish. currently I can entertain an alt count where this move up is merely completing 5 waves up instead of the first 5 waves top ending around 709 on April 24. this only implies we will get a larger correction bringing prices back to the 570 area. which happens to remain above the multi month breakout channel.

[SilverRex]

switching back to btc

current bullish count after a shallow wave 2, now either sub ii of (III) or a possible wave (V) top now a much larger degree correction is taking hold which will bring us back down in the 7700-8600 range.

[SilverRex]

looks like BTC wave b dead cat bounce completed wave (c) down in progress

[SilverRex]

BTC has reached the wave (c) buy zone and can complete this correction. if it breaks above 9000, then this wave (c) of (II) down may be completed. until this happens I can expect one more wave lower

[SilverRex]

Eth

I think eth is the most bullish looking pair of the main coins right now, very possible ABC correction ended on the 12th and so far a sub 5 up and 3 down, will see how BTC holds up as it is also in it's last leg down imo

[s_havinga]

People must be mighty concerned about HIVE's YE report. ETH is almost double what it was when HIVE dropped to 1.10 and HIVE sitting at 1.25. Year end numbers will definitely be weak considering the low price of ETH at March 31st but from what I can tell the SP has already factored that in and now people are just waiting for the confirmation. If ETH stays above $700 or heads back closure to $1000. I could see Q1 numbers looking pretty solid when released in the summer. I guess time will tell.

[SilverRex]

BTC

recap big picture count. Feb remains the major low with a very steep sub (ii) correction follow by another 5 up which gave us a Ro4 breakout (bullish) and a sub ii pull back which should be ending quite soon. with this count I expect BTC will hit a new all time high this year. like past trading patterns, this is a highly volatile market and there will be 20-50% crashes along the way, just stay away from buying at the top and selling at the bottom and you will do just fine all year long.

[SilverRex]

BTC

dialing down, I spot a perfect 5 waves down v of (v), it should begin to look exciting again once it can break above 8200, follow by 8500 to confirm bottom

[SilverRex]

btc

price has broke above 8200 as well as 8500 which is has now given us 5 waves up off the low. I would like to believe the bottom is in and now wave (ii) correction / backtest of the breakout line is underway. a good risk reward setup here

[CompletelyNumb]

Should I move all my XRP into BTC? :P