Crypto the Bitcoin Algorithm Charting Model Newsletter including Specific Time Cycle Price Targets and Buy / Sell Triggers Monday May 21, 2018.

Charts for $BTC $BTCUSD $XBTUSD $XBT $BTC.X $ETH $LTC $XRP #Bitcoin #Crypto

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD (Bitcoin swaps) model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • Our 24 hour crypto trading desk was launched May 15. This team of three is also responsible for the development and coding of our algorithms and alerting to realtime Twitter alert feeds. Read more here; https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm (Daily Chart – Swing Trading):

Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Algorithm Model on the Daily Bitcoin Chart: 

Bitcoin Daily Chart is still in uptrend. Recent price action sideways however. 507 AM May 21 2018 $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/Q7zdk1DI-Bitcoin-Daily-Chart-is-still-in-uptrend-Recent-price-action-sid/

Price Targets on Daily Chart Model:

Trading 8515.00 intraday;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

Bitcoin, daily, chart, algorithm, $BTC, $XBTUSD

Bitcoin Daily Chart is still in uptrend. 50 MA tested as support. Price targets are in play. May 13 2018 $BTC $XBTUSD #Bitcoin

Observations / Chart Indicators: Trading Plan for Current Area of Bitcoin Trade:

May 21 – Trade is in sideways action recently but still in uptrend channel.

Per recent;

May 13 – The mid channel quad (horizontal fib) held price down and a retrace occurred.

The Bitcoin daily chart is still in the uptrend channel. Trading under the mid channel line (green dotted), so it is likely to near the bottom of the uptrending channel (yellow line arrow). But not likely to hit it perfectly as it is in an uptrend. It is likely to continue up prior to trade hitting the bottom of the channel. The opposite is true in down trends.

When price dumped it cradled in the 50 MA and bounced. Before a return to the bottom of the channel (per above paragraph) it is probable that trade will stay bullish in to that target in the 9808.00 region on May 21, this is a decent return considering intra-day trade at 8645.00 today. However, if price is lost to the downside of the 50 MA then a target hit is unlikely.

Those are your probabilities and my personal trading plan specific to the day model.

Daytrading Bitcoin – 30 Minute Charting

May 21 Price Targets:

Most bullish 9867.60 

Moderate Bullish 8869.30

Bearish 7879.30

Most Bearish 6046.00

May 21 Daytrading 30 Min Chart that our machine trading team is using intra. $BTC $XBTUSD #bitcoin #crypto #trading

Bitcoin, algorithm, machine trading, $BTC

Bitcoin Daytrading 30 Min Chart that our machine trading team is using intra. $BTC $XBTUSD #bitcoin #crypto #trading

Per recent;

Bitcoin trade needs the 200 MA that’s overhead and 8873.00 mid quad to get higher short term. 130PM May 13 2018 $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/KTRK3ywy-Bitcoin-trade-needs-the-200-MA-that-s-overhead-and-8873-00-mid-q/

Bitcoin, trade, $BTC, $XBTUSD, daytraading, algorithm

Bitcoin trade needs the 200 MA that’s overhead and 8873.00 mid quad to get higher short term. 130PM May 13 2018 $BTC $XBTUSD #Bitcoin

Per recent;

May 10 – Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/h4FNmwVs-Bitcoin-daytrading-model-on-30-minute-chart-Near-200-MA-breach/

$BTC, daytrading, algorithm, chart

Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

Per recent;

April 29 – Most bullish price target 9867.00 April 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/6VN69FR6-Most-bullish-price-target-9867-00-May-28-scenario-didn-t-quite-h/

Bitcoin, daytrading, model

Most bullish price target 9867.00 May 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

May 21 – I will update recent alerts soon.

Intra bottom call. White arrow – alert sent. Green arrow – buy trigger. Red arrow – resistance (mid quad) on chart per alert sent. $BTC $XTUSD #Bitcoin #Cryptotrading

May 13 – Will post recent alerts soon when time allows.

Per recent;

April 29 – There have been many calls since bottom on our private server and private twitter feed… I’m not going to take the time to post them here right now but I will post this rant of tweets… the private member alerts I’ll post next report if time (they were all spot on alerts).

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin, price, target, hit, alert

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

Ethereum Daily Chart – Uptrend channel in play. Buy sell triggers at white arrows. Has 200 MA. Quad test on deck. $ETH $ETHUSD

https://www.tradingview.com/chart/ETHUSD/uLkMwbKR-Ethereum-Daily-Chart-Uptrend-channel-in-play-Buy-sell-trigger/

$ETH, Ethereum, algorithm, chart

Ethereum Daily Chart – Uptrend channel in play. Buy sell triggers at white arrows. Has 200 MA. Quad test on deck. $ETH $ETHUSD

Per recent;

Ethereum Daily Chart – Bounced before mid quad – bulls are in – channel in play. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Ethereum continues to be one of the most structured daily charts on any market. Love it. Very predictable trade. #algorithm #models $ETHUSD #crypto $STUDY

https://www.tradingview.com/chart/ETHUSD/9ohNQFqv-Ethereum-Daily-Chart-Bounced-before-mid-quad-bulls-are-in/

$ETHUSD, Ethereum, Algorithm

Ethereum Daily Chart – Bounced before mid quad – bulls are in – channel in play. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Per recent;

May 10 – Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

https://www.tradingview.com/chart/ETHUSD/OQA1VBrX-Ethereum-Daily-Chart-One-of-my-favs-on-any-market-Channel-wor/

$ETHUSD, $ETH, Daily, Chart, Algorithm

Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Litecoin Basic Algorithm Charting Model

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

May 21 – No significant change in charting, use previous link below. It has lost the lower channel support, is significantly under 200 MA and bearish unless it regains at minimum lower channel support.

Litecoin still holding near bottom range of channel but it doesn’t look great – to be determined. May 13 147 PM $LTC $LTCUSD

https://www.tradingview.com/chart/LTCUSD/YTMcvadh-Litecoin-still-holding-near-bottom-range-of-channel-but-it-doesn/

$LTC, algorithm, Litecoin

Litecoin still holding near bottom range of channel but it doesn’t look great – to be determined. May 13 147 PM $LTC $LTCUSD

May 10 – Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

https://www.tradingview.com/chart/LTCUSD/wh7zibon-Litecoin-still-running-bottom-of-algorithmic-channel-charted-lon/

$LTC, algorithm, chart

Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

Ripple Basic Algorithm Charting Model $XRP

May 21 – No noteworthy change in charting – use link below.

May 13 – Ripple needs .932 for a chance for a bullish structured run. $XRP $XRPUSD.

https://www.tradingview.com/chart/XRPUSD/Bh8cPwbQ-Ripple-needs-932-for-a-chance-for-a-bullish-structured-run-XR/

I put some tighter time from Fib structure in the model for those that asked for daytrading signals.

$XRP. algorithm

Ripple needs .932 for a chance for a bullish structured run. $XRP $XRPUSD

Per recent;

May 10 – Nothing to report. Flat.

April 29 – $XRP flat but over 200 MA on daily.

BUT still great returns from 40s to near 90s WOW.

https://www.tradingview.com/chart/XRPUSD/0aDABOJz-XRP-flat-but-over-200-MA-on-daily/

$XRP flat but over 200 MA on daily.

Per recent;

April 22 – $XRP over .888 targets 1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

https://www.tradingview.com/chart/XRPUSD/zIn8bXCj-XRP-over-888-targets1-31-then-1-65-mid-term-Daytrading-model/

$XRP, price targets, chart, Ripple

$XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

< End of report >

Any questions give us a shout anytime!

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Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

To Subscribe to our Crypto Services:

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Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTC, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade, price targets, time cycles, algorithm


Crypto the Bitcoin Algorithm Charting Model Newsletter including Specific Time Cycle Price Targets and Buy / Sell Triggers Sunday May 13, 2018.

Charts for $BTC $BTCUSD $XBTUSD $XBT $BTC.X $ETH $LTC $XRP #Bitcoin #Crypto

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD (Bitcoin swaps) model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • We are launching our 24 hour crypto trading desk May 15. This team of three will also be responsible for the development and coding of our algorithms and alerting to realtime Twitter alert feeds. Read more here; https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm (Daily Chart – Swing Trading):

Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Algorithm model on the Daily Bitcoin Chart: 

Bitcoin Daily Chart is still in uptrend. 50 MA tested as support. Price targets are in play. May 13 2018 $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/Zb6Gqv95-Bitcoin-Daily-Chart-is-still-in-uptrend-50-MA-tested-as-support/

Price Targets on Daily Chart Model:

Trading 8645.00 intraday;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

Bitcoin, daily, chart, algorithm, $BTC, $XBTUSD

Bitcoin Daily Chart is still in uptrend. 50 MA tested as support. Price targets are in play. May 13 2018 $BTC $XBTUSD #Bitcoin

Observations / Chart Indicators: Trading Plan for Current Area of Bitcoin Trade:

May 13 – The mid channel quad (horizontal fib) held price down and a retrace occurred.

The Bitcoin daily chart is still in the uptrend channel. Trading under the mid channel line (green dotted), so it is likely to near the bottom of the uptrending channel (yellow line arrow). But not likely to hit it perfectly as it is in an uptrend. It is likely to continue up prior to trade hitting the bottom of the channel. The opposite is true in down trends.

When price dumped it cradled in the 50 MA and bounced. Before a return to the bottom of the channel (per above paragraph) it is probable that trade will stay bullish in to that target in the 9808.00 region on May 21, this is a decent return considering intra-day trade at 8645.00 today. However, if price is lost to the downside of the 50 MA then a target hit is unlikely.

Those are your probabilities and my personal trading plan specific to the day model.

Daytrading Bitcoin – 30 Minute Charting

May 21 Price Targets:

Most bullish 9867.60 

Moderate Bullish 8869.30

Bearish 7879.30

Most Bearish 6046.00

Bitcoin trade needs the 200 MA that’s overhead and 8873.00 mid quad to get higher short term. 130PM May 13 2018 $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/KTRK3ywy-Bitcoin-trade-needs-the-200-MA-that-s-overhead-and-8873-00-mid-q/

Bitcoin, trade, $BTC, $XBTUSD, daytraading, algorithm

Bitcoin trade needs the 200 MA that’s overhead and 8873.00 mid quad to get higher short term. 130PM May 13 2018 $BTC $XBTUSD #Bitcoin

Per recent;

May 10 – Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/h4FNmwVs-Bitcoin-daytrading-model-on-30-minute-chart-Near-200-MA-breach/

$BTC, daytrading, algorithm, chart

Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

Per recent;

April 29 – Most bullish price target 9867.00 April 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/6VN69FR6-Most-bullish-price-target-9867-00-May-28-scenario-didn-t-quite-h/

Bitcoin, daytrading, model

Most bullish price target 9867.00 May 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 22 – Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/nw3oiYLw-Bullish-scenario-price-target-9867-00-possible-May-28-on-Bitcoin/

Price target, Bitcoin, daytrading, chart

Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

May 13 – Will post recent alerts soon when time allows.

Per recent;

April 29 – There have been many calls since bottom on our private server and private twitter feed… I’m not going to take the time to post them here right now but I will post this rant of tweets… the private member alerts I’ll post next report if time (they were all spot on alerts).

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin, price, target, hit, alert

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

Ethereum Daily Chart – Bounced before mid quad – bulls are in – channel in play. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Ethereum continues to be one of the most structured daily charts on any market. Love it. Very predictable trade. #algorithm #models $ETHUSD #crypto $STUDY

https://www.tradingview.com/chart/ETHUSD/9ohNQFqv-Ethereum-Daily-Chart-Bounced-before-mid-quad-bulls-are-in/

$ETHUSD, Ethereum, Algorithm

Ethereum Daily Chart – Bounced before mid quad – bulls are in – channel in play. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Per recent;

May 10 – Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

https://www.tradingview.com/chart/ETHUSD/OQA1VBrX-Ethereum-Daily-Chart-One-of-my-favs-on-any-market-Channel-wor/

$ETHUSD, $ETH, Daily, Chart, Algorithm

Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Per recent;

April 29 – Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

Litecoin Basic Algorithm Charting Model

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Litecoin still holding near bottom range of channel but it doesn’t look great – to be determined. May 13 147 PM $LTC $LTCUSD

https://www.tradingview.com/chart/LTCUSD/YTMcvadh-Litecoin-still-holding-near-bottom-range-of-channel-but-it-doesn/

$LTC, algorithm, Litecoin

Litecoin still holding near bottom range of channel but it doesn’t look great – to be determined. May 13 147 PM $LTC $LTCUSD

May 10 – Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

https://www.tradingview.com/chart/LTCUSD/wh7zibon-Litecoin-still-running-bottom-of-algorithmic-channel-charted-lon/

$LTC, algorithm, chart

Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

Per recent;

April 29 – $LTC running bottom side of channel testing 200 MA upside resistance.

https://www.tradingview.com/chart/LTCUSD/t8Yjsog9-LTC-running-bottom-side-of-channel-testing-200-MA-upside-resist/

$LTC running bottom side of channel testing 200 MA upside resistance.

Ripple Basic Algorithm Charting Model $XRP

May 13 – Ripple needs .932 for a chance for a bullish structured run. $XRP $XRPUSD.

I put some tighter time from Fib structure in the model for those that asked for daytrading signals.

$XRP. algorithm

Ripple needs .932 for a chance for a bullish structured run. $XRP $XRPUSD

Per recent;

May 10 – Nothing to report. Flat.

April 29 – $XRP flat but over 200 MA on daily.

BUT still great returns from 40s to near 90s WOW.

https://www.tradingview.com/chart/XRPUSD/0aDABOJz-XRP-flat-but-over-200-MA-on-daily/

$XRP flat but over 200 MA on daily.

Per recent;

April 22 – $XRP over .888 targets 1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

https://www.tradingview.com/chart/XRPUSD/zIn8bXCj-XRP-over-888-targets1-31-then-1-65-mid-term-Daytrading-model/

$XRP, price targets, chart, Ripple

$XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

 

< End of report >

Any questions give us a shout anytime!

Follow Me:

Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

To Subscribe to our Crypto Services:

Link to Services and Pricing Overview (master list).

Link to Standalone $BTC Crypto Newsletter.

Link to Real-Time Live Bitcoin Alerts (Twitter).

Link to Crypto Bundle (Alerts, Private Trading Discord Server, Newsletter).

Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTC, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade, price targets, time cycles, algorithm


Crypto the Bitcoin Algorithm Charting Model Newsletter including Specific Time Cycle Price Targets and Buy / Sell Triggers Thursday May 10, 2018. Charts for $BTC $BTCUSD $XBTUSD $XBT $BTC.X $ETH $LTC $XRP #Bitcoin #Crypto

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • Our apologies for the late reporting this week (although all models are still current but some near expiry). Next week we expect to be on time. We had students in for trade coaching and our new crypto desk start-up is taking some work. Also we have our biggest news on deck… can’t say a word at this point however.
  • We are launching our 24 hour crypto trading desk May 15. This team of three will also be responsible for the development and coding of our algorithms. Read more here; https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm Live Charting Link:

Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Algorithm model on the Daily Bitcoin Chart: 

Bitcoin Daily. Channel break continues to firm up, reversal channel up scenario, needs bottom channel test to confirm. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/BmGGyG7l-Bitcoin-Daily-Channel-break-continues-to-firm-up-reversal-chan/

Trading 9338.50 intra;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

$BTC, $XBTUSD, Daily, Chart

Bitcoin Daily. Channel break continues to firm up, reversal channel up scenario, needs bottom channel test to confirm. $BTC $XBTUSD #Bitcoin

Per recent;

Bitcoin Daily. Channel break firming up, reversal channel up scenario, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/oWkD9Ta2-Bitcoin-Daily-Channel-break-firming-up-reversal-channel-up-sce/

9837.00 area and then the 200 MA are significant upside resistance. Be sure to trim longs in advance of those points.

$BTC, daily, algorithm, chart

Bitcoin Daily. Channel break firming up, reversal channel up scenario, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

Per recent;

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/5CXxOwTZ-Bitcoin-Daily-If-channel-break-sees-reversal-channel-up-new-pr/

Trading 8926.00 intra;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

Bitcoin, chart, daily, price targets, time cycles, algorithm

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

Bitcoin News: Bitcoin Brushes $9,000 As Crypto Markets Continue Making Steady Gains https://cointelegraph.com/news/bitcoin-brushes-9000-as-crypto-markets-continue-making-steady-gains

Per recent;

Algorithm model on the Daily Bitcoin Chart:

Bitcoin up against 50 MA resistance test and near quad wall TL test.

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Bitcoin, Daily, Chart, 50 MA

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Per recent;

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Per last report, bearish short side winning as it slowly grinds down this channel hitting the mid quad decision area targets. Bearish until it changes and proves out upside quad wall breach. #Swingtrading Bitcoin down this move has been a fantastic trade. Congrats to the bears here!

https://www.tradingview.com/chart/XBTUSD/M6DBWn7U-Bitcoin-Daily-chart-grind-down-channel-hitting-mid-quad-targets/

Bitcoin, Daily, chart, algorithm, model, BTC

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Observations / Chart Indicators: Current Area of Trade:

April 29 – The upchannel scenario is firming up (8874.00 per last report was held with ease) and confirms if price holds over 9837.00 area. If the upchannel confirms be cautious long if and when price gets up over channel resistance trendline on upside of channel. Any divergence like that should be throttled or shorted short term. It’s a likely scenario if price gets up over 9837.00 area and holds. The machines will kick in hard and human trading will likely trade it divergent to upside of channel resistance.

April 22 – Bitcoin down channel resistance top of channel has been broke to upside on the daily chart model. This is a big deal. IF trade stays above that channel break in the model then the upper price targets are in play (per earlier in post).

On the daytrading model it is important that price hold the mid quad support area in and around 8874.00 for this bullish scenario to play out.

This week will be a big test for the bull side bias I have.

April 7, 2018 – Bitcoin is obviously trading in downward channel on daily chart and until that becomes divergent it is a short. The daytrading model has been functioning well for both sides of trade. When divergence shows I will be alerting that aggressively.

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Trade bias should be short until all three indicators represent consistent upward trade beyond resistance points.

https://www.tradingview.com/chart/XBTUSD/MjgMDaM8-Bitcoin-Stoch-RSI-is-trending-up-signalling-new-buy-flow-however/

Bitcoin, chart, indicators

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Key Bitcoin Buy / Sell Price Trigger Levels:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan (misc notes as applicable)

May 10 – I should add to the April 29 note below that anytime price gains a mid quad or loses a mid quad this is also a great place to long or short on the daily model (or any model for that matter).

April 29 – Now that the upchannel scenario is likely the daily charting model becomes critical for position sizing. Longs in size should occur at or near the bottom of channel and trims should occur any time trade gets near top side of channel or at important resistance areas in the models.

Per recent;

April 22 – Trade since our bottom call (that worked out perfectly) has been getting better and better as the charting builds more and more structure and subsequent strength. My personal Bitcoin trading plan is to trade the daytrading model support and resistance lines trimming in advance of each resistance and adding above and using the daytrading model as a guide for significant adds and trims as trade goes along.

Per recent;

April 7 – Mirroring what the charting and notes above is saying… until significant divergence to charting occurs to upside I’m forced to remain bearish bias and daytrade the 30 minute model primarily.

Per recent;

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Daytrading Bitcoin

May 10 – Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/h4FNmwVs-Bitcoin-daytrading-model-on-30-minute-chart-Near-200-MA-breach/

May 21 Price Targets:

Most bullish 10866.70

Moderate 9867.60 (my trading plan bias)

Bearish 8869.30

Most Bearish 7879.30

$BTC, daytrading, algorithm, chart

Bitcoin daytrading model on 30 minute chart. Near 200 MA breach intraday. $BTC $XBTUSD #Bitcoin

Per recent;

April 29 – Most bullish price target 9867.00 April 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/6VN69FR6-Most-bullish-price-target-9867-00-May-28-scenario-didn-t-quite-h/

Bitcoin, daytrading, model

Most bullish price target 9867.00 May 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 22 – Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/nw3oiYLw-Bullish-scenario-price-target-9867-00-possible-May-28-on-Bitcoin/

Price target, Bitcoin, daytrading, chart

Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 16 – Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

https://www.tradingview.com/chart/XBTUSD/4d1h3Jv9-Bitcoin-coming-in-to-price-target-on-our-daytrading-model-BTC/

Bitcoin $BTC, daytrading algorithm

Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

Per recent;

April 7 – Bitcoin 5.81% Daytrading 30 Min Chart above 200 MA upside target preferred. Consolidating. Apr 0.33% 7 256 PM. $BTC $XBTUSD #bitcoin

The daytrading model is showing consolidation here but in no way should a short time-frame model form a trader’s bias going forward – short term bias, but not trend directional bias.

https://www.tradingview.com/chart/XBTUSD/LzBptzub-Bitcoin-Daytrading-30-Min-Chart-above-200-MA-upside-target-prefe/

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

May 10 – Will post recent alerts when time allows.

Per recent;

April 29 – There have been many calls since bottom on our private server and private twitter feed… I’m not going to take the time to post them here right now but I will post this rant of tweets… the private member alerts I’ll post next report if time (they were all spot on alerts).

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

 

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin, price, target, hit, alert

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

May 10 – Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

https://www.tradingview.com/chart/ETHUSD/OQA1VBrX-Ethereum-Daily-Chart-One-of-my-favs-on-any-market-Channel-wor/

$ETHUSD, $ETH, Daily, Chart, Algorithm

Ethereum Daily Chart – One of my favs on any market. Channel working. Main buy sell triggers noted with white arrows. $ETH $ETHUSD

Per recent;

April 29 – Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

Per recent;

April 22 – ETH has regained the 200 MA on daily (bullish signal) and a channel reversal may be possible here.

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

$ETH May 2 target hit early. $ETH now targets May 2 time cycle peak Moderate 623.07 and 826.59 bullish
$ETH June 11 time price cycle peak if channel turn holds targets 1030.08 bullish, 826.59 moderate, 623.07 bearish.

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

$ETH, Ethereum, chart, algorithm, price targets

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

Ethereum News: The Code for Ethereum’s Consensus Change Is Now Ready for Review

https://www.coindesk.com/the-code-for-ethereums-consensus-change-is-now-ready-for-review/

April 17 – $ETH about to test 50 MA for 623.07 price target May 5

https://www.tradingview.com/chart/ETHUSD/TYm85p9O-ETH-about-to-test-50-MA-for-623-07-price-target-May-5/

$ETH

$ETH about to test 50 MA for 623.07 price target May 5

Litecoin Basic Algorithm Charting Model

May 10 – Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

https://www.tradingview.com/chart/LTCUSD/wh7zibon-Litecoin-still-running-bottom-of-algorithmic-channel-charted-lon/

$LTC, algorithm, chart

Litecoin still running bottom of algorithmic channel charted long in advance of trade in that area. $LTC

Per recent;

April 29 – $LTC running bottom side of channel testing 200 MA upside resistance.

https://www.tradingview.com/chart/LTCUSD/t8Yjsog9-LTC-running-bottom-side-of-channel-testing-200-MA-upside-resist/

$LTC running bottom side of channel testing 200 MA upside resistance.

Per recent;

April 22 – $LTC channel support held, bounce, in to 200 MA test. #Litecoin

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

$LTC, Litcoin, chart, 200 MA, resistance

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model $XRP

May 10 – Nothing to report. Flat.

April 29 – $XRP flat but over 200 MA on daily.

BUT still great returns from 40s to near 90s WOW.

https://www.tradingview.com/chart/XRPUSD/0aDABOJz-XRP-flat-but-over-200-MA-on-daily/

$XRP flat but over 200 MA on daily.

Per recent;

April 22 – $XRP over .888 targets 1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

https://www.tradingview.com/chart/XRPUSD/zIn8bXCj-XRP-over-888-targets1-31-then-1-65-mid-term-Daytrading-model/

$XRP, price targets, chart, Ripple

$XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

April 17 – $XRP following underside of 200 MA

https://www.tradingview.com/chart/XRPUSD/gNcO0kN6-XRP-following-underside-of-200-MA/

$XRP

$XRP following underside of 200 MA

April 7 – Ripple trade remains non existent on Daily chart. $XRP

$XRP, Ripple, chart

Ripple trade remains non existant on Daily chart. $XRP

< End of report >

Any questions give us a shout anytime!

Follow Me:

Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

To Subscribe to our Crypto Services:

Link to Services and Pricing Overview (master list).

Link to Standalone $BTC Crypto Newsletter.

Link to Real-Time Live Bitcoin Alerts (Twitter).

Link to Crypto Bundle (Alerts, Private Trading Discord Server, Newsletter).

Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTC, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade, price targets, time cycles, algorithm


Crypto the Bitcoin Algorithm Charting Model Newsletter including Specific Time Cycle Price Targets and Buy / Sell Triggers Sunday April 29, 2018. Charts for $BTC $BTCUSD $XBTUSD $XBT $BTC.X $ETH $LTC $XRP #Bitcoin #Crypto

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • We are launching our 24 hour crypto trading desk. This team of three will also be responsible for the development and coding of our algorithms. Read more here; https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm Live Charting Link:

Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Algorithm model on the Daily Bitcoin Chart: 

Bitcoin Daily. Channel break firming up, reversal channel up scenario, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/oWkD9Ta2-Bitcoin-Daily-Channel-break-firming-up-reversal-channel-up-sce/

9837.00 area and then the 200 MA are significant upside resistance. Be sure to trim longs in advance of those points.

$BTC, daily, algorithm, chart

Bitcoin Daily. Channel break firming up, reversal channel up scenario, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

Per recent;

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/5CXxOwTZ-Bitcoin-Daily-If-channel-break-sees-reversal-channel-up-new-pr/

Trading 8926.00 intra;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

Bitcoin, chart, daily, price targets, time cycles, algorithm

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

Bitcoin News: Bitcoin Brushes $9,000 As Crypto Markets Continue Making Steady Gains https://cointelegraph.com/news/bitcoin-brushes-9000-as-crypto-markets-continue-making-steady-gains

Per recent;

Algorithm model on the Daily Bitcoin Chart:

Bitcoin up against 50 MA resistance test and near quad wall TL test.

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Bitcoin, Daily, Chart, 50 MA

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Per recent;

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Per last report, bearish short side winning as it slowly grinds down this channel hitting the mid quad decision area targets. Bearish until it changes and proves out upside quad wall breach. #Swingtrading Bitcoin down this move has been a fantastic trade. Congrats to the bears here!

https://www.tradingview.com/chart/XBTUSD/M6DBWn7U-Bitcoin-Daily-chart-grind-down-channel-hitting-mid-quad-targets/

Bitcoin, Daily, chart, algorithm, model, BTC

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Observations / Chart Indicators: Current Area of Trade:

April 22 – The upchannel scenario is firming up (8874.00 per last report was held with ease) and confirms if price holds over 9837.00 area. If the upchannel confirms be cautious long if and when price gets up over channel resistance trendline on upside of channel. Any divergence like that should be throttled or shorted short term. It’s a likely scenario if price gets up over 9837.00 area and holds. The machines will kick in hard and human trading will likely trade it divergent to upside of channel resistance.

April 22 – Bitcoin down channel resistance top of channel has been broke to upside on the daily chart model. This is a big deal. IF trade stays above that channel break in the model then the upper price targets are in play (per earlier in post).

On the daytrading model it is important that price hold the mid quad support area in and around 8874.00 for this bullish scenario to play out.

This week will be a big test for the bull side bias I have.

April 7, 2018 – Bitcoin is obviously trading in downward channel on daily chart and until that becomes divergent it is a short. The daytrading model has been functioning well for both sides of trade. When divergence shows I will be alerting that aggressively.

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Trade bias should be short until all three indicators represent consistent upward trade beyond resistance points.

https://www.tradingview.com/chart/XBTUSD/MjgMDaM8-Bitcoin-Stoch-RSI-is-trending-up-signalling-new-buy-flow-however/

Bitcoin, chart, indicators

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Key Bitcoin Buy / Sell Price Trigger Levels:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan (misc notes as applicable)

April 29 – Now that the upchannel scenario is likely the daily charting model becomes critical for position sizing. Longs in size should occur at or near the bottom of channel and trims should occur any time trade gets near top side of channel or at important resistance areas in the models.

Per recent;

April 22 – Trade since our bottom call (that worked out perfectly) has been getting better and better as the charting builds more and more structure and subsequent strength. My personal Bitcoin trading plan is to trade the daytrading model support and resistance lines trimming in advance of each resistance and adding above and using the daytrading model as a guide for significant adds and trims as trade goes along.

Per recent;

April 7 – Mirroring what the charting and notes above is saying… until significant divergence to charting occurs to upside I’m forced to remain bearish bias and daytrade the 30 minute model primarily.

Per recent;

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Daytrading Bitcoin

April 29 – Most bullish price target 9867.00 May 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/6VN69FR6-Most-bullish-price-target-9867-00-May-28-scenario-didn-t-quite-h/

Bitcoin, daytrading, model

Most bullish price target 9867.00 May 28 scenario didn’t quite hit… next time cycle Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 22 – Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/nw3oiYLw-Bullish-scenario-price-target-9867-00-possible-May-28-on-Bitcoin/

Price target, Bitcoin, daytrading, chart

Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 16 – Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

https://www.tradingview.com/chart/XBTUSD/4d1h3Jv9-Bitcoin-coming-in-to-price-target-on-our-daytrading-model-BTC/

Bitcoin $BTC, daytrading algorithm

Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

Per recent;

April 7 – Bitcoin 5.81% Daytrading 30 Min Chart above 200 MA upside target preferred. Consolidating. Apr 0.33% 7 256 PM. $BTC $XBTUSD #bitcoin

The daytrading model is showing consolidation here but in no way should a short time-frame model form a trader’s bias going forward – short term bias, but not trend directional bias.

https://www.tradingview.com/chart/XBTUSD/LzBptzub-Bitcoin-Daytrading-30-Min-Chart-above-200-MA-upside-target-prefe/

Per recent:

Mar 26 – Per above.

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

There have been many calls since bottom on our private server and private twitter feed… I’m not going to take the time to post them here right now but I will post this rant of tweets… the private member alerts I’ll post next report if time (they were all spot on alerts).

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

I even told ya how I knew where the bottom was. $BTC #Bitcoin #algorithm

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading screenshot

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

Next should be insane trading in crypto space. Could be wrong… but I’m feelin it. #crypto $BTC $XBT $ETH $LTC #trading

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. Tweet screen shot.

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

$BTC near HOD and some bullish action on intra. $BTC #bitcoin #calls

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin, price, target, hit, alert

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

April 29 – Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

Ethereum coming up on 100 MA resistance, trim in to it and add above. $ETH

Per recent;

April 22 – ETH has regained the 200 MA on daily (bullish signal) and a channel reversal may be possible here.

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

$ETH May 2 target hit early. $ETH now targets May 2 time cycle peak Moderate 623.07 and 826.59 bullish
$ETH June 11 time price cycle peak if channel turn holds targets 1030.08 bullish, 826.59 moderate, 623.07 bearish.

 

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

$ETH, Ethereum, chart, algorithm, price targets

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

Ethereum News: The Code for Ethereum’s Consensus Change Is Now Ready for Review

https://www.coindesk.com/the-code-for-ethereums-consensus-change-is-now-ready-for-review/

April 17 – $ETH about to test 50 MA for 623.07 price target May 5

https://www.tradingview.com/chart/ETHUSD/TYm85p9O-ETH-about-to-test-50-MA-for-623-07-price-target-May-5/

$ETH

$ETH about to test 50 MA for 623.07 price target May 5

Per previous

April 7 – Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

This is on watch now for a turn. Quad wall is nearing. Short side bias until chart says otherwise (symmetry breaks, upside quad wall TL is broke, MACD on daily crosses up, etc).

https://www.tradingview.com/chart/ETHUSD/x1WYYlcj-Ethereum-chart-has-consolidation-also-on-Daily-MACD-SQZMOM-inde/

ETH, Ethereum, charting, algorithm

Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

Ethereum News: Chile’s National Energy Commission Launches Ethereum-Based Pilot For Energy Data $ETH #Ethereum

https://cointelegraph.com/news/chiles-national-energy-commission-launches-ethereum-based-pilot-for-energy-data

Per recent;

March 26 – $ETH Ethereum trading 477.50 near mid quad support test. Defined channel forming. Lost 200 MA which is technically bearish…. but this is crypto.

Indicators do not say long yet, but I can’t help but imagine a bounce soon. My trader bias is up soon…. but trade price and let’s see because crypto issues are in a downtrend.

https://www.tradingview.com/chart/ETHUSD/wbdEuVSr-ETH-Ethereum-trading-477-50-near-md-quad-support-test-Defined/

$ETH, chart, support, test

$ETH Ethereum trading 477.50 near md quad support test. Defined channel forming.

Litecoin Basic Algorithm Charting Model

$LTC running bottom side of channel testing 200 MA upside resistance.

https://www.tradingview.com/chart/LTCUSD/t8Yjsog9-LTC-running-bottom-side-of-channel-testing-200-MA-upside-resist/

$LTC running bottom side of channel testing 200 MA upside resistance.

Per recent;

April 22 – $LTC channel support held, bounce, in to 200 MA test. #Litecoin

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

$LTC, Litcoin, chart, 200 MA, resistance

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

April 16 – $LTC Long side trade setup going well at channel support with 50 MA res test on deck. MACD trending.

https://www.tradingview.com/chart/LTCUSD/ebqFpnuC-LTC-Long-side-trade-setip-going-well-at-channel-support-with-50/

$LTC, chart, daily

$LTC Long side trade setip going well at channel support with 50 MA res test on deck. MACD trending.

April 7 – Per previous report – Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Trading View chart notes copied:

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

If it doesn’t bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.

I’m bias a bounce but… price action should rule and don’t forget the 200 MA is overhead if it does bounce. That will become significant upside resistance test if price gets there.

Huge risk reward advantage here for bull side trade.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price – if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be live broadcasting this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL’s, video, charting set-ups and alerts.

https://www.tradingview.com/chart/LTCUSD/NAsEtGUs-Litecoin-likely-bounce-near-here-for-chart-structure-Chart-notes/

$LTC, chart, algorithm

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model $XRP

$XRP flat but over 200 MA on daily.

BUT still great returns from 40s to near 90s WOW.

https://www.tradingview.com/chart/XRPUSD/0aDABOJz-XRP-flat-but-over-200-MA-on-daily/

$XRP flat but over 200 MA on daily.

Per recent;

April 22 – $XRP over .888 targets 1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

https://www.tradingview.com/chart/XRPUSD/zIn8bXCj-XRP-over-888-targets1-31-then-1-65-mid-term-Daytrading-model/

$XRP, price targets, chart, Ripple

$XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

April 17 – $XRP following underside of 200 MA

https://www.tradingview.com/chart/XRPUSD/gNcO0kN6-XRP-following-underside-of-200-MA/

$XRP

$XRP following underside of 200 MA

April 7 – Ripple trade remains non existent on Daily chart. $XRP

$XRP, Ripple, chart

Ripple trade remains non existant on Daily chart. $XRP

< End of report >

Any questions give us a shout anytime!

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Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

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Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTC, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade, price targets, time cycles, algorithm


Crypto the Bitcoin Algorithm Charting Model Newsletter including Specific Time Cycle Price Targets and Buy / Sell Triggers Sunday April 22, 2018. Charts for $BTC $BTCUSD $XBTUSD $XBT $BTC.X $ETH $LTC $XRP #Bitcoin #Crypto

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • We are launching our 24 hour crypto trading desk. This team of three will also be responsible for the development and coding of our algorithms. Read more here; https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm Live Charting Link:

Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Algorithm model on the Daily Bitcoin Chart: 

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/5CXxOwTZ-Bitcoin-Daily-If-channel-break-sees-reversal-channel-up-new-pr/

Trading 8926.00 intra;

May 21 Bitcoin Price Targets:

Bearish 5824.00

Moderate 9808.00

Bullish 13821.00

July 4 Bitcoin Price Targets:

Bearish 9808.00

Moderate 13821.00

Bullish 17745.00

Bitcoin, chart, daily, price targets, time cycles, algorithm

Bitcoin Daily. If channel break sees reversal channel up, new price targets are as shown on chart. $BTC $XBTUSD #Bitcoin

Bitcoin News: Bitcoin Brushes $9,000 As Crypto Markets Continue Making Steady Gains https://cointelegraph.com/news/bitcoin-brushes-9000-as-crypto-markets-continue-making-steady-gains

Per recent;

Algorithm model on the Daily Bitcoin Chart:

Bitcoin up against 50 MA resistance test and near quad wall TL test.

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Bitcoin, Daily, Chart, 50 MA

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Per recent;

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Per last report, bearish short side winning as it slowly grinds down this channel hitting the mid quad decision area targets. Bearish until it changes and proves out upside quad wall breach. #Swingtrading Bitcoin down this move has been a fantastic trade. Congrats to the bears here!

https://www.tradingview.com/chart/XBTUSD/M6DBWn7U-Bitcoin-Daily-chart-grind-down-channel-hitting-mid-quad-targets/

Bitcoin, Daily, chart, algorithm, model, BTC

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Bitcoin News: No, India Has Not Banned Bitcoin Trading, Government Confirms $BTC #Bitcoin #India

https://www.newsbtc.com/2018/04/07/no-india-not-banned-bitcoin-trading-government-confirms/

Per recent;

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

Per last post it was trending up quad wall trend-line but 200 MA sent it down outside of quad diagonal trend-line. Watching for possible bounce.

https://www.tradingview.com/chart/XBTUSD/wqcRm9Bv-Bitcoin-rejected-at-200-MA-is-very-bearish-watching-support-tes/

Bitcoin, 200 MA, rejected, chart

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

Observations / Chart Indicators: Current Area of Trade:

April 22 – Bitcoin down channel resistance top of channel has been broke to upside on the daily chart model. This is a big deal. IF trade stays above that channel break in the model then the upper price targets are in play (per earlier in post).

On the daytrading model it is important that price hold the mid quad support area in and around 8874.00 for this bullish scenario to play out.

This week will be a big test for the bull side bias I have.

April 7, 2018 – Bitcoin is obviously trading in downward channel on daily chart and until that becomes divergent it is a short. The daytrading model has been functioning well for both sides of trade. When divergence shows I will be alerting that aggressively.

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Trade bias should be short until all three indicators represent consistent upward trade beyond resistance points.

https://www.tradingview.com/chart/XBTUSD/MjgMDaM8-Bitcoin-Stoch-RSI-is-trending-up-signalling-new-buy-flow-however/

Bitcoin, chart, indicators

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Key Bitcoin Buy / Sell Price Trigger Levels:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan (misc notes as applicable)

April 22 – Trade since our bottom call (that worked out perfectly) has been getting better and better as the charting builds more and more structure and subsequent strength. My personal Bitcoin trading plan is to trade the daytrading model support and resistance lines trimming in advance of each resistance and adding above and using the daytrading model as a guide for significant adds and trims as trade goes along.

Per recent;

April 7 – Mirroring what the charting and notes above is saying… until significant divergence to charting occurs to upside I’m forced to remain bearish bias and daytrade the 30 minute model primarily.

Per recent;

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Daytrading Bitcoin

April 22 – Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/nw3oiYLw-Bullish-scenario-price-target-9867-00-possible-May-28-on-Bitcoin/

Price target, Bitcoin, daytrading, chart

Bullish scenario price target 9867.00 possible April 28 on Bitcoin daytrading model $BTC $XBTUSD #Bitcoin

April 16 – Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

https://www.tradingview.com/chart/XBTUSD/4d1h3Jv9-Bitcoin-coming-in-to-price-target-on-our-daytrading-model-BTC/

Bitcoin $BTC, daytrading algorithm

Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

Per recent;

April 7 – Bitcoin 5.81% Daytrading 30 Min Chart above 200 MA upside target preferred. Consolidating. Apr 0.33% 7 256 PM. $BTC $XBTUSD #bitcoin

The daytrading model is showing consolidation here but in no way should a short time-frame model form a trader’s bias going forward – short term bias, but not trend directional bias.

https://www.tradingview.com/chart/XBTUSD/LzBptzub-Bitcoin-Daytrading-30-Min-Chart-above-200-MA-upside-target-prefe/

Per recent:

Mar 26 – Per above.

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin, price, target, hit, alert

Technical precision trading. Price target hit perfect on daytrading algorithm model charting. $BTC $XBT #Bitcoin #Crypto #Trading

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

April 22 – ETH has regained the 200 MA on daily (bullish signal) and a channel reversal may be possible here.

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

$ETH May 2 target hit early. $ETH now targets May 2 time cycle peak Moderate 623.07 and 826.59 bullish
$ETH June 11 time price cycle peak if channel turn holds targets 1030.08 bullish, 826.59 moderate, 623.07 bearish.

https://www.tradingview.com/chart/ETHUSD/hBr0bcky-Ethereum-May-2-price-target-hit-early-If-channel-reversal-holds/

$ETH, Ethereum, chart, algorithm, price targets

Ethereum May 2 price target hit early. If channel reversal holds look to new price targets for May 2 and June 11. $ETH #Ethereum #crypto

Ethereum News: The Code for Ethereum’s Consensus Change Is Now Ready for Review https://www.coindesk.com/the-code-for-ethereums-consensus-change-is-now-ready-for-review/

April 17 – $ETH about to test 50 MA for 623.07 price target May 5

https://www.tradingview.com/chart/ETHUSD/TYm85p9O-ETH-about-to-test-50-MA-for-623-07-price-target-May-5/

$ETH

$ETH about to test 50 MA for 623.07 price target May 5

Per previous

April 7 – Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

This is on watch now for a turn. Quad wall is nearing. Short side bias until chart says otherwise (symmetry breaks, upside quad wall TL is broke, MACD on daily crosses up, etc).

https://www.tradingview.com/chart/ETHUSD/x1WYYlcj-Ethereum-chart-has-consolidation-also-on-Daily-MACD-SQZMOM-inde/

ETH, Ethereum, charting, algorithm

Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

Ethereum News: Chile’s National Energy Commission Launches Ethereum-Based Pilot For Energy Data $ETH #Ethereum

https://cointelegraph.com/news/chiles-national-energy-commission-launches-ethereum-based-pilot-for-energy-data

Per recent;

March 26 – $ETH Ethereum trading 477.50 near mid quad support test. Defined channel forming. Lost 200 MA which is technically bearish…. but this is crypto.

Indicators do not say long yet, but I can’t help but imagine a bounce soon. My trader bias is up soon…. but trade price and let’s see because crypto issues are in a downtrend.

https://www.tradingview.com/chart/ETHUSD/wbdEuVSr-ETH-Ethereum-trading-477-50-near-md-quad-support-test-Defined/

$ETH, chart, support, test

$ETH Ethereum trading 477.50 near md quad support test. Defined channel forming.

Litecoin Basic Algorithm Charting Model

April 22 – $LTC channel support held, bounce, in to 200 MA test. #Litecoin

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

$LTC, Litcoin, chart, 200 MA, resistance

https://www.tradingview.com/chart/LTCUSD/iMpJ27TV-LTC-channel-support-held-bounce-in-to-200-MA-test-Litecoin/

April 16 – $LTC Long side trade setup going well at channel support with 50 MA res test on deck. MACD trending.

https://www.tradingview.com/chart/LTCUSD/ebqFpnuC-LTC-Long-side-trade-setip-going-well-at-channel-support-with-50/

$LTC, chart, daily

$LTC Long side trade setip going well at channel support with 50 MA res test on deck. MACD trending.

April 7 – Per previous report – Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Trading View chart notes copied:

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

If it doesn’t bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.

I’m bias a bounce but… price action should rule and don’t forget the 200 MA is overhead if it does bounce. That will become significant upside resistance test if price gets there.

Huge risk reward advantage here for bull side trade.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price – if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be live broadcasting this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL’s, video, charting set-ups and alerts.

https://www.tradingview.com/chart/LTCUSD/NAsEtGUs-Litecoin-likely-bounce-near-here-for-chart-structure-Chart-notes/

$LTC, chart, algorithm

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model $XRP

April 22 – $XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

https://www.tradingview.com/chart/XRPUSD/zIn8bXCj-XRP-over-888-targets1-31-then-1-65-mid-term-Daytrading-model/

$XRP, price targets, chart, Ripple

$XRP over .888 targets1.31 then 1.65 mid term. Daytrading model on -deck. #ripple

April 17 – $XRP following underside of 200 MA 

https://www.tradingview.com/chart/XRPUSD/gNcO0kN6-XRP-following-underside-of-200-MA/

$XRP

$XRP following underside of 200 MA

April 7 – Ripple trade remains non existent on Daily chart. $XRP

$XRP, Ripple, chart

Ripple trade remains non existant on Daily chart. $XRP

Per recent:

$XRP Ripple downside trend looking more probable than up in to time cycle peak.

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

$XRP, Ripple, chart

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

< End of report >

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Post topics; Crypto, chart, $BTC, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade, price targets, time cycles, algorithm


Crypto the Bitcoin Algorithm Charting Model Newsletter Tuesday April 17, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin 

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm Live Charting Link:

Algorithm model on the Daily Bitcoin Chart: Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Bitcoin up against 50 MA resistance test and near quad wall TL test.

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Bitcoin, Daily, Chart, 50 MA

https://www.tradingview.com/chart/XBTUSD/42JPtU4f-Bitcoin-up-againt-50-MA-resistance-test-and-near-quad-wall-TL-te/

Per recent;

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Per last report, bearish short side winning as it slowly grinds down this channel hitting the mid quad decision area targets. Bearish until it changes and proves out upside quad wall breach. #Swingtrading Bitcoin down this move has been a fantastic trade. Congrats to the bears here!

 

https://www.tradingview.com/chart/XBTUSD/M6DBWn7U-Bitcoin-Daily-chart-grind-down-channel-hitting-mid-quad-targets/

Bitcoin, Daily, chart, algorithm, model, BTC

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Bitcoin News: No, India Has Not Banned Bitcoin Trading, Government Confirms $BTC #Bitcoin #India https://www.newsbtc.com/2018/04/07/no-india-not-banned-bitcoin-trading-government-confirms/

Per recent;

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

Per last post it was trending up quad wall trend-line but 200 MA sent it down outside of quad diagonal trend-line. Watching for possible bounce.

https://www.tradingview.com/chart/XBTUSD/wqcRm9Bv-Bitcoin-rejected-at-200-MA-is-very-bearish-watching-support-tes/

Bitcoin, 200 MA, rejected, chart

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

 

BTC, Bitcoin, Chart, Algorithm

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

Observations / Chart Indicators: Current Area of Trade:

 

April 7, 2018 – Bitcoin is obviously trading in downward channel on daily chart and until that becomes divergent it is a short. The daytrading model has been functioning well for both sides of trade. When divergence shows I will be alerting that aggressively.

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Trade bias should be short until all three indicators represent consistent upward trade beyond resistance points.

https://www.tradingview.com/chart/XBTUSD/MjgMDaM8-Bitcoin-Stoch-RSI-is-trending-up-signalling-new-buy-flow-however/

Bitcoin, chart, indicators

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/dypnMaLI-Bitcoin-MACD-trending-bullish-with-Stochastic-RSI-nearing-top-of/

$BTC, MACD, Bitcoin, chart

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

Per recent;

The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.

Per recent;

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).

https://www.tradingview.com/chart/XBTUSD/uRLtBUBh-The-squeeze-momentum-indicator-direction-trend-should-be-in-cons/

Key Bitcoin Buy / Sell Price Trigger Levels:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan (misc notes as applicable)

Per recent;

April 7 – Mirroring what the charting and notes above is saying… until significant divergence to charting occurs to upside I’m forced to remain bearish bias and daytrade the 30 minute model primarily.

Per recent;

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Daytrading Bitcoin

April 16 – Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

https://www.tradingview.com/chart/XBTUSD/4d1h3Jv9-Bitcoin-coming-in-to-price-target-on-our-daytrading-model-BTC/

Bitcoin $BTC, daytrading algorithm

Bitcoin coming in to price target on our daytrading model. $BTC #Bitcoin $XBT

Per recent;

April 7 – Bitcoin 5.81% Daytrading 30 Min Chart above 200 MA upside target preferred. Consolidating. Apr 0.33% 7 256 PM. $BTC $XBTUSD #bitcoin

The daytrading model is showing consolidation here but in no way should a short time-frame model form a trader’s bias going forward – short term bias, but not trend directional bias.

 

https://www.tradingview.com/chart/XBTUSD/LzBptzub-Bitcoin-Daytrading-30-Min-Chart-above-200-MA-upside-target-prefe/

Per recent:

Mar 26 – Per above.

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

 

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

April 17 – $ETH about to test 50 MA for 623.07 price target May 5

https://www.tradingview.com/chart/ETHUSD/TYm85p9O-ETH-about-to-test-50-MA-for-623-07-price-target-May-5/

$ETH

$ETH about to test 50 MA for 623.07 price target May 5

Per previous

April 7 – Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

This is on watch now for a turn. Quad wall is nearing. Short side bias until chart says otherwise (symmetry breaks, upside quad wall TL is broke, MACD on daily crosses up, etc).

 

https://www.tradingview.com/chart/ETHUSD/x1WYYlcj-Ethereum-chart-has-consolidation-also-on-Daily-MACD-SQZMOM-inde/

ETH, Ethereum, charting, algorithm

Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

Ethereum News: Chile’s National Energy Commission Launches Ethereum-Based Pilot For Energy Data $ETH #Ethereum https://cointelegraph.com/news/chiles-national-energy-commission-launches-ethereum-based-pilot-for-energy-data

Per recent;

March 26 – $ETH Ethereum trading 477.50 near mid quad support test. Defined channel forming. Lost 200 MA which is technically bearish…. but this is crypto.

Indicators do not say long yet, but I can’t help but imagine a bounce soon. My trader bias is up soon…. but trade price and let’s see because crypto issues are in a downtrend.

https://www.tradingview.com/chart/ETHUSD/wbdEuVSr-ETH-Ethereum-trading-477-50-near-md-quad-support-test-Defined/

$ETH, chart, support, test

$ETH Ethereum trading 477.50 near md quad support test. Defined channel forming.

Per recent;

$ETH Ethereum -0.85% algorithmic charting model – $ETH has lost 200 MA but upside target in play.

If BTC gets the jump the chart suggests is possible then ETH should easily hit the upside target and get a jump further imo
all based on confirmed price action of course…. but I think RR is to bull side now

https://www.tradingview.com/chart/ETHUSD/rfO9yjoD-ETH-Ethereum-algorithmic-charting-model-ETH-has-lost-200-MA/

$ETH, algorithm, model

$ETH Ethereum algorithmic charting model – $ETH has lost 200 MA but upside target in play.

 

Litecoin Basic Algorithm Charting Model

April 16 – $LTC Long side trade setip going well at channel support with 50 MA res test on deck. MACD trending.

https://www.tradingview.com/chart/LTCUSD/ebqFpnuC-LTC-Long-side-trade-setip-going-well-at-channel-support-with-50/

$LTC, chart, daily

$LTC Long side trade setip going well at channel support with 50 MA res test on deck. MACD trending.

April 7 – Per previous report – Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Trading View chart notes copied:

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

If it doesn’t bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.

I’m bias a bounce but… price action should rule and don’t forget the 200 MA is overhead if it does bounce. That will become significant upside resistance test if price gets there.

Huge risk reward advantage here for bull side trade.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price – if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be live broadcasting this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL’s, video, charting set-ups and alerts.

https://www.tradingview.com/chart/LTCUSD/NAsEtGUs-Litecoin-likely-bounce-near-here-for-chart-structure-Chart-notes/

$LTC, chart, algorithm

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Per recent;

March 26 – $LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

At some point between where it is trading today and the channel bottom a long side should put out a decent risk reward advantage. As with all other crypto – it is crypto so trade price confirmations and watch each support and resistance test for confirmations as you go.

https://www.tradingview.com/chart/LTCUSD/p7oWqmrf-LTC-Litcoin-trading-144-71-testing-200-MA-on-daily-and-near-cha/

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

$LTC, Litecoin, Chart

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

 

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model $XRP

April 17 – $XRP following underside of 200 MA 

https://www.tradingview.com/chart/XRPUSD/gNcO0kN6-XRP-following-underside-of-200-MA/

$XRP

$XRP following underside of 200 MA

April 7 – Ripple trade remains non existent on Daily chart. $XRP

$XRP, Ripple, chart

Ripple trade remains non existant on Daily chart. $XRP

Per recent:

$XRP Ripple downside trend looking more probable than up in to time cycle peak.

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

$XRP, Ripple, chart

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

Per recent;

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

https://www.tradingview.com/chart/XRPUSD/O7sBUiDC-XRP-1-64-upside-target-scenario-if-a-bull-run-turns-If-not-wat/

$XRP, algorithm, chart

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

< End of report >

Any questions give us a shout anytime!

Follow Me:

Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

To Subscribe to our Crypto Services:

Link to Services and Pricing Overview (master list).

Link to Standalone $BTC Crypto Newsletter.

Link to Real-Time Live Bitcoin Alerts (Twitter).

Link to Crypto Bundle (Alerts, Private Trading Discord Server, Newsletter).

Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade


Crypto the Bitcoin Algorithm Charting Model Newsletter Saturday April 7, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin 

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Bitcoin Trade: 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Bitcoin Algorithm Live Charting Link:

Algorithm model on the Daily Bitcoin Chart: Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Per last report, bearish short side winning as it slowly grinds down this channel hitting the mid quad decision area targets. Bearish until it changes and proves out upside quad wall breach. #Swingtrading Bitcoin down this move has been a fantastic trade. Congrats to the bears here!

https://www.tradingview.com/chart/XBTUSD/M6DBWn7U-Bitcoin-Daily-chart-grind-down-channel-hitting-mid-quad-targets/

Bitcoin, Daily, chart, algorithm, model, BTC

Bitcoin Daily chart grind down channel hitting mid quad targets. Short side wins. Apr 7 339 PM. $BTC $XBTUSD #bitcoin

Bitcoin News: No, India Has Not Banned Bitcoin Trading, Government Confirms $BTC #Bitcoin #India https://www.newsbtc.com/2018/04/07/no-india-not-banned-bitcoin-trading-government-confirms/

Per recent;

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

Per last post it was trending up quad wall trend-line but 200 MA sent it down outside of quad diagonal trend-line. Watching for possible bounce.

https://www.tradingview.com/chart/XBTUSD/wqcRm9Bv-Bitcoin-rejected-at-200-MA-is-very-bearish-watching-support-tes/

Bitcoin, 200 MA, rejected, chart

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

https://www.tradingview.com/chart/XBTUSD/8gZh4KI8-Bitcoin-Chart-Model-Under-200-MA-working-its-way-up-quad-TL-9/

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Bitcoin, algorithm, chart

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/5fKJ0Ddc-Bitcoin-Chart-Model-Under-200-MA-under-mid-quad-resistance-65/

BTC, Bitcoin, Chart, Algorithm

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

Observations / Chart Indicators: Current Area of Trade:

April 7, 2018 – Bitcoin is obviously trading in downward channel on daily chart and until that becomes divergent it is a short. The daytrading model has been functioning well for both sides of trade. When divergence shows I will be alerting that aggressively.

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Trade bias should be short until all three indicators represent consistent upward trade beyond resistance points.

https://www.tradingview.com/chart/XBTUSD/MjgMDaM8-Bitcoin-Stoch-RSI-is-trending-up-signalling-new-buy-flow-however/

Bitcoin, chart, indicators

Bitcoin Stoch RSI is trending up signalling new buy flow however MACD and SQZMOM indecisive. $BTC #indicators

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/dypnMaLI-Bitcoin-MACD-trending-bullish-with-Stochastic-RSI-nearing-top-of/

$BTC, MACD, Bitcoin, chart

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

Per recent;

The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.

Per recent;

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).

https://www.tradingview.com/chart/XBTUSD/uRLtBUBh-The-squeeze-momentum-indicator-direction-trend-should-be-in-cons/

SQZMOM, indicator, chart, Bitcoin

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD

Key Bitcoin Buy / Sell Price Trigger Levels:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan (misc notes as applicable)

April 7 – Mirroring what the charting and notes above is saying… until significant divergence to charting occurs to upside I’m forced to remain bearish bias and daytrade the 30 minute model primarily.

Per recent;

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Daytrading Bitcoin

April 7 – Bitcoin 5.81% Daytrading 30 Min Chart above 200 MA upside target preferred. Consolidating. Apr 0.33% 7 256 PM. $BTC $XBTUSD #bitcoin

The daytrading model is showing consolidation here but in no way should a short time-frame model form a trader’s bias going forward – short term bias, but not trend directional bias.

https://www.tradingview.com/chart/XBTUSD/LzBptzub-Bitcoin-Daytrading-30-Min-Chart-above-200-MA-upside-target-prefe/

Per recent:

Mar 26 – Per above.

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/qhnMeo0V-Bitcoin-Chart-Model-Daytrading-30-Min-Chart-Mar-10-713-PM-B/

Bitcoin, daytrading, chart, BTC, XBTUSD

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

Recent Bitcoin Real-Time Trade Alerts / Charting Set-up Alerts

If you are reviewing this newsletter (as a historical unlocked post) and not a member of our service and would like a tour of our private discord server (trading chat / alerts etc) or our private Twitter member $BTC alert feed let us know. You can check out our call rate for yourself. Transparent trading is important to us.

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

Bitcoin, realtime, trade, alert

Bitcoin coming in to a possible buy trigger zone on daytrading chart. $BTC #Bitcoin

$BTC Bitcoin popped now 400 points since alert of support. Not a bad RR here for long test. If nothing else a day trade.

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. We start trading live again Monday so I’ll broadcast our trading group moves live for this setup. $BTC #Bitcoin #trading #crypto (alerted in private member Discord server)

Bitcoin, trading, timecycle, chart

Bitcoin time price cycle peak coming April 7 – path of least resistance down target but my bias is to up. Trade price. $BTC #Bitcoin #trading #crypto.png

And the result…. price is dumping in to lower target identified on trade alert…. intrad-day getting close. Charting wins. Trader bias not so good on this one.

price tragets, Bitcoin

Bitcoin did dump in to down target.

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

April 7 – Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

This is on watch now for a turn. Quad wall is nearing. Short side bias until chart says otherwise (symmetry breaks, upside quad wall TL is broke, MACD on daily crosses up, etc).

https://www.tradingview.com/chart/ETHUSD/x1WYYlcj-Ethereum-chart-has-consolidation-also-on-Daily-MACD-SQZMOM-inde/

ETH, Ethereum, charting, algorithm

Ethereum chart has consolidation also on Daily. MACD SQZMOM indecisive. $ETH

Ethereum News: Chile’s National Energy Commission Launches Ethereum-Based Pilot For Energy Data $ETH #Ethereum https://cointelegraph.com/news/chiles-national-energy-commission-launches-ethereum-based-pilot-for-energy-data

Per recent;

March 26 – $ETH Ethereum trading 477.50 near mid quad support test. Defined channel forming. Lost 200 MA which is technically bearish…. but this is crypto.

Indicators do not say long yet, but I can’t help but imagine a bounce soon. My trader bias is up soon…. but trade price and let’s see because crypto issues are in a downtrend.

https://www.tradingview.com/chart/ETHUSD/wbdEuVSr-ETH-Ethereum-trading-477-50-near-md-quad-support-test-Defined/

$ETH, chart, support, test

$ETH Ethereum trading 477.50 near md quad support test. Defined channel forming.

Per recent;

$ETH Ethereum -0.85% algorithmic charting model – $ETH has lost 200 MA but upside target in play.

If BTC gets the jump the chart suggests is possible then ETH should easily hit the upside target and get a jump further imo
all based on confirmed price action of course…. but I think RR is to bull side now

https://www.tradingview.com/chart/ETHUSD/rfO9yjoD-ETH-Ethereum-algorithmic-charting-model-ETH-has-lost-200-MA/

$ETH, algorithm, model

$ETH Ethereum algorithmic charting model – $ETH has lost 200 MA but upside target in play.

Per recent;

$ETH Ethereum algorithmic charting model – price responding well to model.

https://www.tradingview.com/chart/ETHUSD/evIEbwvu-ETH-Ethereum-algorithmic-charting-model-price-responding-well/

$ETH, algorithm

$ETH Ethereum algorithmic charting model – price responding well to model.

Litecoin Basic Algorithm Charting Model

April 7 – Per previous report – Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Trading View chart notes copied:

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

If it doesn’t bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.

I’m bias a bounce but… price action should rule and don’t forget the 200 MA is overhead if it does bounce. That will become significant upside resistance test if price gets there.

Huge risk reward advantage here for bull side trade.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price – if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be live broadcasting this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL’s, video, charting set-ups and alerts.

https://www.tradingview.com/chart/LTCUSD/NAsEtGUs-Litecoin-likely-bounce-near-here-for-chart-structure-Chart-notes/

$LTC, chart, algorithm

Litecoin will have to bounce near here if chart structure to remain in place. $LTC

Per recent;

March 26 – $LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

At some point between where it is trading today and the channel bottom a long side should put out a decent risk reward advantage. As with all other crypto – it is crypto so trade price confirmations and watch each support and resistance test for confirmations as you go.

https://www.tradingview.com/chart/LTCUSD/p7oWqmrf-LTC-Litcoin-trading-144-71-testing-200-MA-on-daily-and-near-cha/

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

$LTC, Litecoin, Chart

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

Per recent;

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

https://www.tradingview.com/chart/LTCUSD/SCA2gYBN-LTC-at-200-MA-support-is-an-obvious-long-side-risk-reward-advan/

$LTC, algorithm, chart, model

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model $XRP

April 7 – Ripple trade remains non existent on Daily chart. $XRP

$XRP, Ripple, chart

Ripple trade remains non existant on Daily chart. $XRP

Per recent:

$XRP Ripple downside trend looking more probable than up in to time cycle peak.

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

$XRP, Ripple, chart

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

Per recent;

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

https://www.tradingview.com/chart/XRPUSD/O7sBUiDC-XRP-1-64-upside-target-scenario-if-a-bull-run-turns-If-not-wat/

$XRP, algorithm, chart

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

$XRP following 200 MA – really soft trade.

$XRP, soft, trade

$XRP following 200 MA – really soft trade.

Per recent;

$XRP still indecisive.

$XRP still indecisive.

$XRP still indecisive.

< End of report >

Any questions give us a shout anytime!

Follow Me:

Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo

To Subscribe to our Crypto Services:

Link to Services and Pricing Overview (master list).

Link to Standalone $BTC Crypto Newsletter.

Link to Real-Time Live Bitcoin Alerts (Twitter).

Link to Crypto Bundle (Alerts, Private Trading Discord Server, Newsletter).

Review historical (unlocked to public) Weekly Bitcoin Newsletter Algorithm Reporting. Scroll down landing page to get to historical reports.

Post topics; Crypto, chart, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade


Crypto the Bitcoin Algorithm Charting Model Newsletter Monday March 26, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin 

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Trade: 

Live Twitter Alert Feed for Bitcoin Trade Set-ups: @BTCAlerts_CT, Public Feed: @cryptothealgo 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

Bitcoin Algorithm Live Charting Link:

Algorithm model on the Daily Bitcoin Chart: Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

Per last post it was trending up quad wall trend-line but 200 MA sent it down outside of quad diagonal trend-line. Watching for possible bounce.

https://www.tradingview.com/chart/XBTUSD/wqcRm9Bv-Bitcoin-rejected-at-200-MA-is-very-bearish-watching-support-tes/

Bitcoin, 200 MA, rejected, chart

Bitcoin rejected at 200 MA is very bearish, watching support tests for bounce or down. $BTC #Bitcoin

https://www.tradingview.com/chart/XBTUSD/8gZh4KI8-Bitcoin-Chart-Model-Under-200-MA-working-its-way-up-quad-TL-9/

Per recent;

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Bitcoin, algorithm, chart

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/5fKJ0Ddc-Bitcoin-Chart-Model-Under-200-MA-under-mid-quad-resistance-65/

BTC, Bitcoin, Chart, Algorithm

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/zsuMjoqf-Bitcoin-Chart-Model-Up-over-mid-quad-nearing-quad-wall-resista/

Bitcoin, daily, chart

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Observations in the current area of trade:

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/dypnMaLI-Bitcoin-MACD-trending-bullish-with-Stochastic-RSI-nearing-top-of/

$BTC, MACD, Bitcoin, chart

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

Per recent;

The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.

Per recent;

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).

https://www.tradingview.com/chart/XBTUSD/uRLtBUBh-The-squeeze-momentum-indicator-direction-trend-should-be-in-cons/

SQZMOM, indicator, chart, Bitcoin

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD

Key buy / sell price trigger levels in the current area of trade are as follows:

Mar 26 – 4956.2, 5319, 5639, 5826, 6860, 7880, 8198, 9827.60, 11486.20, 11689, 12844, 13783

Bitcoin Trading Plan

200 MA test on daily chart failed with possible bounce on daytrading 30 min chart…. watching… but it is under pressure.

Per recent;

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Per Previous;

The 8854.20 support played out well – trading 11315.00 now with a time / price cycle peak coming in VERY SOON – Feb 22. Watch price direction really close coming out of Feb 22. Use the grey and green buy sell trigger arrows and quad walls as support and resistance decisions.

Daytrading charting on $BTC says careful with 11700.00 range resistance Feb 22.

https://www.tradingview.com/chart/XBTUSD/3afLmjs4-Daytrading-charting-on-BTC-says-carefu-with-11700-00-range-resi/

daytrade, BTC, chart

Daytrading charting on $BTC says carefu with 11700.00 range resistance Feb 22.

Daytrading Bitcoin

Mar 26 – Per above.

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/qhnMeo0V-Bitcoin-Chart-Model-Daytrading-30-Min-Chart-Mar-10-713-PM-B/

Bitcoin, daytrading, chart, BTC, XBTUSD

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

daytraders, chart, Bitcoin, algorithm, model

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

March 26 – $ETH Ethereum trading 477.50 near mid quad support test. Defined channel forming. Lost 200 MA which is technically bearish…. but this is crypto.

Indicators do not say long yet, but I can’t help but imagine a bounce soon. My trader bias is up soon…. but trade price and let’s see because crypto issues are in a downtrend.

https://www.tradingview.com/chart/ETHUSD/wbdEuVSr-ETH-Ethereum-trading-477-50-near-md-quad-support-test-Defined/

$ETH, chart, support, test

$ETH Ethereum trading 477.50 near md quad support test. Defined channel forming.

Per recent;

$ETH Ethereum -0.85% algorithmic charting model – $ETH has lost 200 MA but upside target in play.

If BTC gets the jump the chart suggests is possible then ETH should easily hit the upside target and get a jump further imo
all based on confirmed price action of course…. but I think RR is to bull side now

https://www.tradingview.com/chart/ETHUSD/rfO9yjoD-ETH-Ethereum-algorithmic-charting-model-ETH-has-lost-200-MA/

$ETH, algorithm, model

$ETH Ethereum algorithmic charting model – $ETH has lost 200 MA but upside target in play.

Per recent;

$ETH Ethereum algorithmic charting model – price responding well to model.

https://www.tradingview.com/chart/ETHUSD/evIEbwvu-ETH-Ethereum-algorithmic-charting-model-price-responding-well/

$ETH, algorithm

$ETH Ethereum algorithmic charting model – price responding well to model.

Per recent;

$ETH Indecisive trade. #Ethereum

$ETH, chart

$ETH Indecisive trade. #Ethereum

Litecoin Basic Algorithm Charting Model

March 26 – $LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

At some point between where it is trading today and the channel bottom a long side should put out a decent risk reward advantage. As with all other crypto – it is crypto so trade price confirmations and watch each support and resistance test for confirmations as you go.

https://www.tradingview.com/chart/LTCUSD/p7oWqmrf-LTC-Litcoin-trading-144-71-testing-200-MA-on-daily-and-near-cha/

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

$LTC, Litecoin, Chart

$LTC Litecoin trading 144.71 testing 200 MA on daily and near channel support. Expect a bounce.

Per recent;

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

https://www.tradingview.com/chart/LTCUSD/SCA2gYBN-LTC-at-200-MA-support-is-an-obvious-long-side-risk-reward-advan/

$LTC, algorithm, chart, model

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

Per recent;

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

https://www.tradingview.com/chart/LTCUSD/mngOsEfB-LTC-bounced-off-200-MA-support-under-mid-quad-targeting-lower-p/

$LTC, Algorithm, model, chart

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model

$XRP Ripple downside trend looking more probable than up in to time cycle peak.

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

$XRP, Ripple, chart

https://www.tradingview.com/chart/XRPUSD/PKVNPr8l-XRP-Ripple-downside-trend-looking-more-probable-than-up-in-to-t/

Per recent;

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

https://www.tradingview.com/chart/XRPUSD/O7sBUiDC-XRP-1-64-upside-target-scenario-if-a-bull-run-turns-If-not-wat/

$XRP, algorithm, chart

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

$XRP following 200 MA – really soft trade.

$XRP, soft, trade

$XRP following 200 MA – really soft trade.

Per recent;

$XRP still indecisive.

$XRP still indecisive.

$XRP still indecisive.

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

Ripple, XRP, chart

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

 

< End of report >

Any questions give us a shout anytime!

Post topics; Crypto, chart, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade


Crypto the Bitcoin Algorithm Charting Model Newsletter Monday March 19, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin 

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Trade: 

Live Twitter Alert Feed for Bitcoin Trades: @BTCAlerts_CT, Public Feed @cryptothealgo 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

Bitcoin Algorithm Live Charting Link:

Algorithm model on the Daily Bitcoin Chart: Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

https://www.tradingview.com/chart/XBTUSD/8gZh4KI8-Bitcoin-Chart-Model-Under-200-MA-working-its-way-up-quad-TL-9/

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Bitcoin, algorithm, chart

Bitcoin Chart Model – Under 200 MA working its way up quad TL. 903 PM Mar 19. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/5fKJ0Ddc-Bitcoin-Chart-Model-Under-200-MA-under-mid-quad-resistance-65/

BTC, Bitcoin, Chart, Algorithm

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/zsuMjoqf-Bitcoin-Chart-Model-Up-over-mid-quad-nearing-quad-wall-resista/

Bitcoin, daily, chart

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

Per recent;

https://www.tradingview.com/chart/XBTUSD/CeyXfkmg-Next-time-price-cycle-peaks-Feb-22-careful-on-other-side-B/

Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD

$BTC, Bitcoin, Daily, Chart, Time, Price, Cycle

Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Observations in the current area of trade:

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/dypnMaLI-Bitcoin-MACD-trending-bullish-with-Stochastic-RSI-nearing-top-of/

$BTC, MACD, Bitcoin, chart

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

Per recent;

The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.

Per recent;

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).

https://www.tradingview.com/chart/XBTUSD/uRLtBUBh-The-squeeze-momentum-indicator-direction-trend-should-be-in-cons/

SQZMOM, indicator, chart, Bitcoin

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD

Key buy / sell price trigger levels in the current area of trade are as follows:

See above.

Per previous;

9882, 13772, 17776, 21736, 25684.

Bitcoin Trading Plan

March 19 – Current trade bias is long to target concluding at upward target along TL quad trendline. Watch 200 MA test and mid quad resistance test. 9757 Apr 7 target on model.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Per Previous;

The 8854.20 support played out well – trading 11315.00 now with a time / price cycle peak coming in VERY SOON – Feb 22. Watch price direction really close coming out of Feb 22. Use the grey and green buy sell trigger arrows and quad walls as support and resistance decisions.

Daytrading charting on $BTC says careful with 11700.00 range resistance Feb 22.

https://www.tradingview.com/chart/XBTUSD/3afLmjs4-Daytrading-charting-on-BTC-says-carefu-with-11700-00-range-resi/

daytrade, BTC, chart

Daytrading charting on $BTC says carefu with 11700.00 range resistance Feb 22.

Daytrading Bitcoin

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/TV9TkSUD-Bitcoin-has-200-MA-on-30-Min-Bullish-bias-to-target-Bitcoin-Ch/

Bitcoin, daytrading, chart

Bitcoin has 200 MA on 30 Min. Bullish bias to target. Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 19 917 PM. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/qhnMeo0V-Bitcoin-Chart-Model-Daytrading-30-Min-Chart-Mar-10-713-PM-B/

Bitcoin, daytrading, chart, BTC, XBTUSD

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

daytraders, chart, Bitcoin, algorithm, model

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

$ETH Ethereum -0.85% algorithmic charting model – $ETH has lost 200 MA but upside target in play.

If BTC gets the jump the chart suggests is possible then ETH should easily hit the upside target and get a jump further imo
all based on confirmed price action of course…. but I think RR is to bull side now

https://www.tradingview.com/chart/ETHUSD/rfO9yjoD-ETH-Ethereum-algorithmic-charting-model-ETH-has-lost-200-MA/

$ETH, algorithm, model

$ETH Ethereum algorithmic charting model – $ETH has lost 200 MA but upside target in play.

Per recent;

$ETH Ethereum algorithmic charting model – price responding well to model.

https://www.tradingview.com/chart/ETHUSD/evIEbwvu-ETH-Ethereum-algorithmic-charting-model-price-responding-well/

$ETH, algorithm

$ETH Ethereum algorithmic charting model – price responding well to model.

Per recent;

$ETH Indecisive trade. #Ethereum

$ETH, chart

$ETH Indecisive trade. #Ethereum

Per recent;

It seems the buy sell triggers (green arrows) are best. Ethereum Daily Chart Algorithmic Model. $ETH #crypto

https://www.tradingview.com/chart/ETHUSD/qxnGriAw-It-seems-the-buy-sell-triggers-green-arrows-are-best-Ethereum/

Ethereum, $ETH, Daily, Chart

It seems the buy sell triggers (green arrows) are best. Ethereum Daily Chart Algorithmic Model. $ETH #crypto

Litecoin Basic Algorithm Charting Model

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

https://www.tradingview.com/chart/LTCUSD/SCA2gYBN-LTC-at-200-MA-support-is-an-obvious-long-side-risk-reward-advan/

$LTC, algorithm, chart, model

$LTC at 200 MA support is an obvious long side risk reward advantage bulls on algorithm model.

Per recent;

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

https://www.tradingview.com/chart/LTCUSD/mngOsEfB-LTC-bounced-off-200-MA-support-under-mid-quad-targeting-lower-p/

$LTC, Algorithm, model, chart

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

Per recent;

$LTC target 287.50 on bullish scenario. Trading in channel. #Litecoin

https://www.tradingview.com/chart/LTCUSD/jLU3JcSN-LTC-target-287-50-on-bullish-scenario-Trading-in-channel-Lit/

$LTC, chart

$LTC target 287.50 on bullish scenario. Trading in channel. #Litecoin

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

Ripple Basic Algorithm Charting Model

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

https://www.tradingview.com/chart/XRPUSD/O7sBUiDC-XRP-1-64-upside-target-scenario-if-a-bull-run-turns-If-not-wat/

$XRP, algorithm, chart

$XRP 1.64 upside target scenario if a bull run turns. If not watch out below.

$XRP following 200 MA – really soft trade.

$XRP, soft, trade

$XRP following 200 MA – really soft trade.

Per recent;

$XRP still indecisive.

$XRP still indecisive.

$XRP still indecisive.

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

Ripple, XRP, chart

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

Per recent;

Ripple $XRP basic algorithm chart model on daily time frame in play per previous. Feb 12 122 PM $XRPUSD

https://www.tradingview.com/chart/XRPUSD/HOzO0yQk-Ripple-XRP-basic-algorithm-chart-model-on-daily-time-frame-in-p/

XRP, Ripple, Chart, Algorithm, model

Ripple $XRP basic algorithm chart model on daily time frame in play per previous. Feb 12 122 PM $XRPUSD

< End of report >

Any questions give us a shout anytime!

Post topics; Crypto, chart, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade


Crypto the Bitcoin Algorithm Charting Model Newsletter Saturday March 10, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin 

Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.

Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.

Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.

Notices: 

  • More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
  • Join us in our private Crypto Trading room on discord!
  • For newer users – read the blog post about how to trade Bitcoin here.

Primary Methods of Trade: 

Live Twitter Alert Feed for Bitcoin Trades: @BTCAlerts_CT, Public Feed @cryptothealgo 

The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.

This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.

Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.

Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.

Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.

Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.

Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.

Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.

Bitcoin Algorithm Live Charting Link:

Algorithm model on the Daily Bitcoin Chart: Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/5fKJ0Ddc-Bitcoin-Chart-Model-Under-200-MA-under-mid-quad-resistance-65/

BTC, Bitcoin, Chart, Algorithm

Bitcoin Chart Model – Under 200 MA under mid quad resistance. 651 PM Mar 10. $BTC $XBTUSD #bitcoin

Per recent;

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/zsuMjoqf-Bitcoin-Chart-Model-Up-over-mid-quad-nearing-quad-wall-resista/

Bitcoin, daily, chart

Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin

Per recent;

https://www.tradingview.com/chart/XBTUSD/CeyXfkmg-Next-time-price-cycle-peaks-Feb-22-careful-on-other-side-B/

Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD

$BTC, Bitcoin, Daily, Chart, Time, Price, Cycle

Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD

Per recent;

https://www.tradingview.com/chart/XBTUSD/u159Yjrc-Bitcoin-Charting-Algorithm-Model-Jan-28-2018-BTCUSD-XBTUSD/

Bitcoin holding 200 MA with peak time cycle on daily algorithm model chart Feb 22. Price targets per chart.

At this point lower trending channel on model (quads) is holding, but 200 MA price action may put in a bottom formation signalling a trend change.

Trading support and resistance for focused time-frame to Feb 22 time cycle peak.. #trading #bitcoin

Watch the diagonal quad lines (dotted diagonal lines) and horizontal support and resistance to upside target above 200 MA and downside target if 200 MA is lost.

https://www.tradingview.com/chart/XBTUSD/pSZG52Uz-Trading-support-and-resistance-for-focussed-time-frame-to-Feb-22/

In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate): 

  1. Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
  2. Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
  3. Directional channels formed by long term algorithmic modeled support and resistance
  4. Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
  5. Conventional Natural support and resistance (purple horizontal lines)
  6. Long term conventional trend lines (red diagonal lines)
  7. Conventional MA’s 

Observations in the current area of trade:

Per recent;

Crypto $BTC, $ETH, $XRP, $LTC #cryptocurrency #technicalanalysis

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/dypnMaLI-Bitcoin-MACD-trending-bullish-with-Stochastic-RSI-nearing-top-of/

$BTC, MACD, Bitcoin, chart

Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin

Per recent;

The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.

Per recent;

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).

https://www.tradingview.com/chart/XBTUSD/uRLtBUBh-The-squeeze-momentum-indicator-direction-trend-should-be-in-cons/

SQZMOM, indicator, chart, Bitcoin

The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD

Key buy / sell price trigger levels in the current area of trade are as follows:

See above.

Per previous;

9882, 13772, 17776, 21736, 25684.

Shorter time-frame indicators such as Fibonacci levels on chart can be used to trade against as support and resistance.

Price trading under 20 MA and 50 MA with 100 MA just below price (watch closely as price is pinched between 100 MA and 20 MA) with 200 MA nearing (pink line).

Bitcoin, Daily, Chart, Algorithm

Bitcoin Charting – Algorithm Model Jan 28 2018 $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1440 PM #Bitcoin

Bitcoin $XBTUSD conventional charting notes:

White arrows at bottom of chart represent conventional indicators. All indicators suggest (since recent lows) that price trend is up.

Also, upward trending channel in place (highlighted with thick yellow lines), two significant falling wedges played out technically (dotted yellow lines) and the general trend is in play.

Bitcoin Daily Charting – Conventional notes – MACD turning up, Stoch RSI trend up, SQZMOM up $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1455 PM #Bitcoin

Bitcoin, Chart, MACD, Stochastic RSI

Bitcoin Daily Charting – Conventional notes – MACD turning up, Stoch RSI trend up, SQZMOM up $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1455 PM #Bitcoin

Bitcoin Trading Plan

No current bias. Waiting for 200 MA test and mid quad resistance test.

Per recent;

From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).

Per Previous;

The 8854.20 support played out well – trading 11315.00 now with a time / price cycle peak coming in VERY SOON – Feb 22. Watch price direction really close coming out of Feb 22. Use the grey and green buy sell trigger arrows and quad walls as support and resistance decisions.

Daytrading charting on $BTC says careful with 11700.00 range resistance Feb 22.

https://www.tradingview.com/chart/XBTUSD/3afLmjs4-Daytrading-charting-on-BTC-says-carefu-with-11700-00-range-resi/

daytrade, BTC, chart

Daytrading charting on $BTC says carefu with 11700.00 range resistance Feb 22.

Per recent;

Over 8854.20 and held, the upside price target on Bitcoin is highly probable. Daytrade supports noted. $BTC #Bitcoin $XBTUSD

daytrading, plan, chart, Bitcoin, $BTC

Over 8854.20 and held, the upside price target on Bitcoin is highly probable. Daytrade supports noted. $BTC #Bitcoin $XBTUSD

Daytrading Bitcoin

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

https://www.tradingview.com/chart/XBTUSD/qhnMeo0V-Bitcoin-Chart-Model-Daytrading-30-Min-Chart-Mar-10-713-PM-B/

Bitcoin, daytrading, chart, BTC, XBTUSD

Bitcoin Chart Model – Daytrading 30 Min Chart. Mar 10 713 PM. $BTC $XBTUSD #bitcoin

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

daytraders, chart, Bitcoin, algorithm, model

Daytrader’s view of algorithm model charting on 60 minuter chart. $XBTUSD $BTC #Bitcoin

Daytrader’s GPS for tight trading – Current trade buy sell triggers in to Feb 22 time price cycle peak (green arrows) . $BTC $XBTUSD #Bitcoin

https://www.tradingview.com/chart/XBTUSD/JnaDMq3X-Daytrader-s-GPS-for-tight-trading-Current-trade-buy-sell-trigg/

Per previous;

Bitcoin Daily Chart Trading Plan – price above Fib 11707.00 and 20 MA that holds channel support is long add and if that fails I would reconsider the current long position alerted on the Twitter member alert feed near recent bottom. $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1505 PM #Bitcoin

$BTC.X, Bitcoin, Trading Plan

Bitcoin Daily Chart Trading Plan – price above Fib 11707.00 and 20 MA that holds channel support is long add $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1505 PM #Bitcoin

Ethereum Basic Algorithm Charting Model on Daily Time Frame:

$ETH Ethereum algorithmic charting model – price responding well to model.

https://www.tradingview.com/chart/ETHUSD/evIEbwvu-ETH-Ethereum-algorithmic-charting-model-price-responding-well/

$ETH, algorithm

$ETH Ethereum algorithmic charting model – price responding well to model.

Per recent;

$ETH Indecisive trade. #Ethereum

$ETH, chart

$ETH Indecisive trade. #Ethereum

Per recent;

It seems the buy sell triggers (green arrows) are best. Ethereum Daily Chart Algorithmic Model. $ETH #crypto

https://www.tradingview.com/chart/ETHUSD/qxnGriAw-It-seems-the-buy-sell-triggers-green-arrows-are-best-Ethereum/

Ethereum, $ETH, Daily, Chart

It seems the buy sell triggers (green arrows) are best. Ethereum Daily Chart Algorithmic Model. $ETH #crypto

Per recent;

Ethereum Daily Chart Algorithmic Model suggests 1031.41 Mar 22 most probable price target. MACD on daily chart is near a turn up also. $ETH #crypto

Buy / sell triggers for $ETH are noted with green arrows on chart below.

$ETH Real-time chart link:

https://www.tradingview.com/chart/ETHUSD/06mf42Wb-Ethereum-Daily-Chart-Algorithmic-Model-suggests-1031-41-Mar-22-m/

ETH, Ethereum, Price, targets

Ethereum Daily Chart Algorithmic Model suggests 1031.41 Mar 22 most probable price target. $ETH #crypto

Litecoin Basic Algorithm Charting Model

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

https://www.tradingview.com/chart/LTCUSD/mngOsEfB-LTC-bounced-off-200-MA-support-under-mid-quad-targeting-lower-p/

$LTC, Algorithm, model, chart

$LTC bounced off 200 MA support under mid quad targeting lower price target on algorithm model.

Per recent;

$LTC target 287.50 on bullish scenario. Trading in channel. #Litecoin

https://www.tradingview.com/chart/LTCUSD/jLU3JcSN-LTC-target-287-50-on-bullish-scenario-Trading-in-channel-Lit/

$LTC, chart

$LTC target 287.50 on bullish scenario. Trading in channel. #Litecoin

Per recent;

Litecoin $LTC basic algorithm chart model. Buy sell triggers (green and gray arrows) are best. Feb 20 636 PM $LTCUSD

Real-time $LTC chart link:

https://www.tradingview.com/chart/LTCUSD/Svs2tjRe-Litecoin-LTC-basic-algorithm-chart-model-Buy-sell-triggers-gr/

$LTC, algorithm, chart, model

Litecoin $LTC basic algorithm chart model. Buy sell triggers (green and gray arrows) are best. Feb 20 636 PM $LTCUSD

Primary buy sell triggers on Litecoin daily chart:

475.00

381.00

287.00

192.00

98.00

 

Ripple Basic Algorithm Charting Model

$XRP following 200 MA – really soft trade.

$XRP, soft, trade

$XRP following 200 MA – really soft trade.

Per recent;

$XRP still indecisive.

$XRP still indecisive.

$XRP still indecisive.

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

Ripple, XRP, chart

Ripple has gone quiet – isn’t chasing time price peaks. $XRP basic algorithm chart model. Feb 20 642 PM $XRPUSD

Per recent;

Ripple $XRP basic algorithm chart model on daily time frame in play per previous. Feb 12 122 PM $XRPUSD

https://www.tradingview.com/chart/XRPUSD/HOzO0yQk-Ripple-XRP-basic-algorithm-chart-model-on-daily-time-frame-in-p/

XRP, Ripple, Chart, Algorithm, model

Ripple $XRP basic algorithm chart model on daily time frame in play per previous. Feb 12 122 PM $XRPUSD

Ripple $XRP basic algorithm chart model on daily time frame. Jan 28 1556 PM $XRPUSD

Real-time Ripple $XRP chart link:

https://www.tradingview.com/chart/XRPUSD/1WptpUNA-Ripple-XRP-basic-algorithm-chart-model-on-daily-time-frame-Jan/

Ripple, $XBT, basic, algorithm, chart

Ripple $XRP basic algorithm chart model on daily time frame. Jan 28 1556 PM $XRPUSD

< End of report >

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Post topics; Crypto, chart, $BTCUSD, $XBTUSD, $BTC.X, $ETH, $LTC, $XRP, Bitcoin, trade