Ethereum (ETH) Daily Price Forecast – September 27

ETH/USD Medium-term Trend: Ranging


Resistance Levels: $260, $280, $300
Support Levels: $200, $180, $160

Yesterday, September 26, the ETHUSD pair was in a bullish trend. Price of the digital currency had been fluctuating above the $200 price level. Then at a price of $211.27, the ETH price made a bullish movement to the high of $222.39. Presently, the cryptocurrency is in a range bound movement and price may face resistance at the $220 price level.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 44 which indicates that price is in the sideways trend zone.


ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of Ethereum is in a sideways trend. The digital currency is fluctuating between the levels of $200 and $220. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. The MACD line and the signal line are above the zero line which indicates a buy signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

Ethereum (ETH) Daily Price Forecast – September 27

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Bitcoin Cash (BCH) Long-term Price Forecast

BCH/USD Long-term Trend – Bullish


Distribution territories: $650, $750, $850.
Accumulation territories: $350, $250, $150.

Most of the price movements of BCH/USD had been in a range-bound region over a week. The ranging movements were featuring in the market of this crypto from Sept. 16 till 20. On Sept. 21, a notable short spike occurred, and the 14-day SMA’s trend-line was breached northwards above the price territory of $500.

The market price line has been traded around the low price point obtained on Aug. 14 but now averaging towards the 50-day SMA’s trend-line from below. The 50-day SMA is located above the 14-day SMA. The Stochastic Oscillators have moved upward well above range 20. They now point north below range 80 to still showcase a continuation of probable northward price movement.

The last spike that brought about the short bullish Japanese candlestick may be proven not strong enough while a strong reversal price action breaks past it southwards. A set of various lower lows and lower highs may come to play in the next few days while the immediate distribution territory of $650 remains unbroken-out. Investors may either join the market below the trend-line of 50-day SMA or wait for a smaller dip around the 14-day SMA’s trend-line.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Bitcoin Cash (BCH) Long-term Price Forecast

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Litecoin (LTC) Daily Price Forecast – September 20

LTC/USD Medium-term Trend: Ranging


Resistance Levels: $60, $65, $70
Support Levels: $50, 45, $40

Yesterday, September 19, the price of Litecoin was in a sideways trend. There has been no significant price movement as the digital currency had been range bound between the levels of $50 and $60. On September 19, the LTC price had a price spike. The price went down to the low of $51.56 and was resisted. The same candlestick at the same time went up to the high of $55.04 and also pulled back.

The prices were pulling back as they test the upper and lower levels of price range. Meanwhile, the LTC price will continue its range bound movement. However, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of Litecoin is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

On the 1-hour chart, the LTC price is in a sideways trend. The price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are above the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Litecoin (LTC) Daily Price Forecast – September 20

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Bitcoin (BTC) Daily Price Forecast – September 17

BTC/USD Medium-term Trend: Ranging


Resistance Levels: $6,400, $6,600, $6,800
Support levels: $6,100, $5,900, $5,700

Last week the price of Bitcoin has been in a sideways trend. The BTC price fluctuates between the levels of $6,400 and $6,200.The BTC price reached the high of $6,520.51 and was repelled because of the selling pressure at the $6,400 price level. The price ranges more at the upper-level of price . Last week it was assumed that the bulls can overcome the upper level of price by introducing more buyers to push the price above the $6,400 price level.

Today, the price will continue its range at the support zone. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The Relative Strength Index period 14 is level 55 which indicates that price is in a sideways trend zone.


BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a sideways trend. The MACD signals are all bullish. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Bitcoin (BTC) Daily Price Forecast – September 17

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The major reason why suicide traders don’t want to use stop loss – part two

TIMELY EXIT


“Successful Trading Is Not About Being Right.” – VTI

What is your tolerance for pain? Consider the following scenario. You have 10% of your account balance on the line. For the past two days, prices have been going in the direction you had anticipated, but today, an announcement was made that caused a market move that caused all your profits to be wiped out in an hour. What will you do? See if prices will move back to where you are okay again? At times like these, it is useful to have a clearly defined trading plan with a specific exit strategy.

Trading is inherently uncertain. You never know exactly what will happen next. That’s what makes the business exciting to some traders but nerve wracking to others. How you handle adverse events that make prices move against you depends on your personality. The best way to protect your capital is to use protective stops. When formulating your trading plan, you must decide how much pain you can tolerate. How much money can you lose before you have to exit the trade? You can set this exit point as a formal stop loss, you can use the automatic settings on your trading platform to set a stop, or you can use a mental stop (not recommended).

The problem with a formal stop loss procedure, whether it is a formal order or an automatic setting on your trading platform, is that a transitory change in price can ‘stop you out.’ if the placement of your stop loss does not adequately account for volatility. It’s hard to know how far a stock may move and a temporary drop can ruin your trading plan when a protective stop is not set properly. Mental stops may be more useful, but you run the risk of not being able to exercise your mental stop (think heart attack, nervous breakdown, stroke, personal emergency, computer failure, etc.). You can decide how far a stock price must move against you before you will liquidate the position. When prices reach the exit point, you can decide whether the low price is transitory or represents a significant change in trend. You can then exit the trade.

This all sounds good in theory, but depending on your personality, you may not be able to carry out this strategy. If you have trouble controlling your emotions and you use a mental stop, for example, you may have trouble closing the trade when it reaches your exit point. Some people panic and out of fear don’t close their position when their mental stop is reached. These people may need to impose the proper amount of discipline on their trading actions by using an electronic stop or a formal stop-loss order.

Minimizing trading losses is the hallmark of successful trading, but not all traders are equal when it comes to their ability to trade decisively under strain. If you want to trade profitably, you have to work around your personality. If you are cool headed, disciplined, and are willing to take the risk even under the most stressful conditions, you can use mental stops to protect your capital. But if you are easily shaken by choppy market action, you might want to use electronic, automatic stops to protect yourself. Whatever you do, however, minimize losses as much as possible. It’s the only way to trade profitably in the long run.


Author: Joe Ross

Source https://www.tradingeducators.com/edition-733

The article is ended with 3 quotes below:

“Getting out of trades too early with tiny profits very often is a sure road to bankruptcy. Sure it feels good to take some off the table right away…but it’s hardly ever successful in the long run.” - Marco Mayer

“To make money out of these still requires good management. It is always challenging to see some traders make money from a trade while some traders lose money from the very same trade.” – Joe Ross

“Don’t let those losses lead to mindset traps that can stop you from taking the next trade. Change the way you think about your loss, and you’ll regain your motivation. I guarantee it.” – Louise Bedford

www.tallinex.com wants you to make money from the markets.

The major reason why suicide traders don’t want to use stop loss – part two

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Ethereum (ETH) Daily Price Forecast – September 12

ETH/USD Medium-term Trend: Bearish


Resistance Levels: $200, $220, $240
Support Levels: $160, $140, $120

Yesterday, September 11, the price of Ethereum was in a bearish trend. The price of Ethereum fell to the low of $175.69. Today, the cryptocurrency is in a bearish trend. Price has broken the major support level of $200. Price is likely to test the next support level which is $160 price level.

If price reaches the next support level, that would probably be the first low since the beginning of the year.Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. The Relative Strength Index period 14 is level 22 which indicates that the market is oversold suggesting bulls to take control of the market.


ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Ethereum is in a bearish trend. Price of Ethereum is falling because the 12-day EMA and the 26-day EMA are above the price of the cryptocurrency. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

Ethereum (ETH) Daily Price Forecast – September 12

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EURUSD: Eyes Further Weakness Towards The 1.1529/00 Zone

EURUSD: The pair looks to follow through lower following its past week losses. On the upside, resistance comes in at 1.1600 level with a break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1.1750 level. Conversely, support lies at the 1.1500 level where a violation will aim at the 1.1450 level. A break of here will aim at the 1.1400 level. Below here will open the door for more weakness towards the 1.1350. All in all, EURUSD faces further downside pressure as we look for more bear pressure.

EURUSD: Eyes Further Weakness Towards The 1.1529/00 Zone

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Litecoin (LTC) Daily Price Forecast – September 6

LTC/USD Medium-term Trend: Bearish


Resistance Levels: $60, $70, $80
Support Levels: $50, $40, $30

Yesterday, September 5, the LTC price was in a bullish trend. The cryptocurrency was resisted at a price of $68.58 while attempting to break to $70 price level. But the bears took control of the market and brought the price to the low of $55.66. This implies that the LTC price is now back to the previous range bound zone of Levels $60 and $50.

However, if the bearish pressure continued, the cryptocurrency will revisit the previous low of $50. Also, the MACD line and the signal line are below the zero line which indicates a buy signal. In addition, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 27 which indicates that the market is oversold suggesting bulls to take control of the market.


LTC/USD Short-term: Bearish

On the 1-hour chart, the LTC price is in a bearish trend. The price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.



The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Litecoin (LTC) Daily Price Forecast – September 6

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Bitcoin (BTC) Daily Price Forecast – September 3

BTC/USD Medium-term Trend: Bullish


Resistance Levels: $7,400, $7,600, $7,800
Support levels: $7,900, $6,800, $6,900

Last week, the price of Bitcoin was in a bullish trend. In a minimized candlestick, the cryptocurrency is making a series of higher highs and higher lows. The price bars of Bitcoin are above the moving averages indicating the rise of Bitcoin. Price of Bitcoin had established itself above the $7,000 price level.

Today, the BTC price is in a bullish trend. Price is approaching the $7,500 price level. Traders may wish to initiate long trades above the $7,000 price level and a stop loss below the critical level of $7,000. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The Relative Strength Index period 14 is level 59 which indicates that price is nearing the bullish trend zone.


BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the price of Bitcoin is in a sideways trend. The MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Bitcoin (BTC) Daily Price Forecast – September 3

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Trading forex with a proven low-risk strategy

I met a guy and This guy's averaging 10% a month trading forex with a proven low-risk strategy, using Bitcoin. And he'll show you how you can do the same thing for absolutely NOTHING.


Go to: http://bitcoinforextrading.org/

Trading forex with a proven low-risk strategy

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The Realities of Trading (Confidential)

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines.

Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor results. Making a career out of trading means you have to identify what doesn’t work for you, and stop doing it. But that’s not easy – nobody likes being told they are wrong.

Your mind is the biggest obstacle that you need to overcome. It prevents you from following trading plans and deceives you into disobeying winning rules because of a transitory setback, thus missing great opportunities to make decent profits. You can only unlock your trading potential through the realities of trading.

Unlock Your Potential with the Realities of Trading (almost free of charge): http://www.advfnbooks.com/books/unlo...ial/index.html

www.tallinex.com wants you to become profitable

The Realities of Trading (Confidential)

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