Connect with us

Recommendations

Trade Recommendation: Bitcoin Cash

Published

on

This is a long term trade with good potential profit. The price bounces from the support zone formed by 1750.00 support level and SMA100. RSI confirms price reversal. MACD histogram supports possible upward movement. DMI shows that the bears are not so strong as before. It give us a new buy opportunity. Entry level is 2050.00 with stop orders at 1300.00 level. Profit targets are 2950.00 and 4000.00 resistance levels. In order to get an additional confirmation that the market is going to continue the main uptrend, the price will have to break the downtrend line. This signal can be used for adding more volume to the long positions. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

// -- Discuss and ask questions in our community on Workplace.

Market: BCCUSDT
Buy: 2050.00
Stop: 1300.00
Profit Targets: 2950.00 and 4000.00

The trading signal is based on Bittrex chart.
Disclaimer: The analyst does not have investments in Bitcoin Cash.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //
Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
10 votes, average: 2.10 out of 510 votes, average: 2.10 out of 510 votes, average: 2.10 out of 510 votes, average: 2.10 out of 510 votes, average: 2.10 out of 5 (10 votes, average: 2.10 out of 5)
You need to be a registered member to rate this.
Loading...

3.3 stars on average, based on 43 rated postsDmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.




Feedback or Requests?

6 Comments

6 Comments

  1. ugstarx

    January 20, 2018 at 7:57 pm

    i don’t really understand ” leverage ” , can you define it? Thank you so much

    • rostorare

      January 20, 2018 at 10:47 pm

      you buy 1000usd of btc with the leverage 1:10
      That means your broker or website which you used actually buys 10 times more. so they buy 10000usd of btc.
      if your order goes up 1% that means you get 1% from 10000usdbtc which are 100usdbtc. Whitout leverage you would get 1% of 1000usd/btc which are 10 usdbtc.

      Basically you can win a lot or lose a lot. But if you had 1500usd and you used 1000usd for btc you have 500usd left. if btc goes down by 5% the position gets closed because you lost 500usd and you cant pay them anymore because ur balance now is 0 usd.

      Sry for bad english but thats kinda it

      • ugstarx

        January 21, 2018 at 4:10 am

        thank you so much, i got it. Do you think target that isn’t around 1 day, maybe later, right ?

        • rostorare

          January 21, 2018 at 1:26 pm

          They say that it is a long term. Could be weeks or months.
          Just how i do it.
          1. See recommendation,
          2. check on coinmarketcap if it declined a lot after a rise – >buy
          If its rised a lot and is on the same lvl for some time – >doubt
          If its raising – > check the analysis on hacked
          If overbought – > stay away
          Underbought, – > buy
          Longterm uptrend – > buy

          Always compare the analysis with the recommendations.
          I bought iota at 4$ because they said longterm, iota is now 3$,but i keep it.

          • mejmo

            February 1, 2018 at 3:48 pm

            Stoploss nearly hit. This is the far my the most fcked trade ever 🙂

  2. mejmo

    January 22, 2018 at 3:30 pm

    Really good trade :)) Absolutely bad profit/loss, we are going to 1300 it is for sure.

You must be logged in to post a comment Login

Leave a Reply

Recommendations

Trade Recommendation: Monero

Published

on

The Monero/Dollar (XMR/USD) pair ignited its uptrend on November 22, 2017 when it breached resistance of $150. The breakout attracted momentum traders, and that pushed the price to as high as $477 on December 20. In about a month, the market grew by over 218%. However, the pair was in extreme overbought territory at this level. Breakout traders used this opportunity to take profits.

// -- Discuss and ask questions in our community on Workplace.

Faced with heavy selling pressure, the pair went as low as $151.26 on December 22. As market participants sensed that a higher low was in place, they bought positions, which sparked a rally that saw the the market reach $449.18 on January 15. Unfortunately, $449.18 was a higher low, and bears responded by sending the pair to as low as $150 on February 6. At this point, XMR/USD was back at its breakout price level. It quickly rallied since there was no more sellers.     

Technical analysis shows that the Monero/Dollar pair is creating a bullish higher low setup at $270. Bulls appear to respect this support level as the market has been consolidating around $270 for about a week now. This could be the base that launches XMR/USD to the resistance level of $415.  

The strategy is to buy as close to $270 as possible. Once bulls successfully claim this level, the pair will likely resume its march to our target of $415. The process may take a month.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Daily Chart of Monero/Dollar on Bitfinex

As of this writing, the Monero/Dollar pair is trading at $276.12 on Bitfinex.

 

 

Disclaimer: The writer owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.2 stars on average, based on 63 rated postsKiril is a financial professional with 4+ years of experience in financial writing, analysis and product ownership. He has passed all three CFA exams on first attempt and has a bachelor's degree with a specialty in finance. Kiril’s current focus is on cryptocurrencies and ETFs, as he does his own crypto research and is the subject matter expert at ETFdb.com. He also has his personal website, InvestorAcademy.org where he teaches people about the basics of investing. His ultimate goal is to help people with limited knowledge of finance and investments to create investment portfolios easily, and in line with their unique circumstances.




Feedback or Requests?

Continue Reading

Recommendations

Trade Recommendation: Litecoin

Published

on

The Litecoin/USD (LTC/USD) pair launched its bull run on December 1, 2017 when it breached resistance of $90. The momentum it carried was so strong that it went as high as $370.78 on December 19. In less than three weeks, the market grew by over 311%. This rapid growth was exploited by those who bought the breakout as they dumped positions.  

// -- Discuss and ask questions in our community on Workplace.

As selling commenced, the pair went as low as $150 on December 22. On the same day, however, it closed at $248.38. The price action created a long wick under the daily candle’s body indicating the presence of buyers. This created momentum, which pushed the market up to $306.85 on January 6, 2018. Unfortunately for buyers at this area, the bears took control of the market, and sent it down to as low as $106.52 on February 6.

Technical analysis show that the Litecoin/Dollar pair broke out of a bullish reversal pattern when it went as high as $216.89 on February 14. The breakout was validated by heavy volume. More importantly, the pair appears to be in the process of creating a higher low at $190.    

The strategy is to buy as close to $190 as possible. Once bulls successfully defend this level, the pair will likely resume its uptrend and reach our target of $360. The process may take less than three months.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Daily Chart of Litecoin/Dollar on Bitfinex


As of this writing, the Litecoin/Dollar pair is trading at $195.27 on Bitfinex.

 

 

Disclaimer: The writer owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.2 stars on average, based on 63 rated postsKiril is a financial professional with 4+ years of experience in financial writing, analysis and product ownership. He has passed all three CFA exams on first attempt and has a bachelor's degree with a specialty in finance. Kiril’s current focus is on cryptocurrencies and ETFs, as he does his own crypto research and is the subject matter expert at ETFdb.com. He also has his personal website, InvestorAcademy.org where he teaches people about the basics of investing. His ultimate goal is to help people with limited knowledge of finance and investments to create investment portfolios easily, and in line with their unique circumstances.




Feedback or Requests?

Continue Reading

Recommendations

Trade Recommendation: Zcash/Ethereum

Published

on

The Zcash/Ethereum (ZEC/ETH) pair ran out of steam on November 13, 2017 when it generated a lower high of 0.829034. Things went from bad to worse for the market when it broke support of 0.70 on December 9. The price action triggered the bearish head and shoulder pattern that validated the downtrend.

// -- Discuss and ask questions in our community on Workplace.

With a reversal pattern in place, the market created a series of lower highs and lower lows. It eventually bottomed out on February 1, 2018 at 0.32924. In less than two months, the market lost over 60% of its value. While this decline might scare investors, it is actually a good time to buy positions.

Technical analysis show that the Zcash/Ethereum pair has achieved the target of the head and shoulders pattern that was triggered on December 9. It appears that other market participants have also taken notice as they bought positions as soon as the pair hit the target. The renewed momentum carried ZEC/ETH to as high as 0.5859279 on February 10. While the market dipped, it appears to be creating a bullish higher low setup at 0.48.    

The strategy is to buy as close to 0.48 as possible. If bulls successfully defend this new higher low, the pair will likely resume its climb to our target of 0.70. The process may take less than a month.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Daily Chart of Zcash/Ethereum on Poloniex

As of this writing, the Zcash/Ethereum pair is trading at 0.49862928 on Poloniex.

 

 

Disclaimer: The writer owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.2 stars on average, based on 63 rated postsKiril is a financial professional with 4+ years of experience in financial writing, analysis and product ownership. He has passed all three CFA exams on first attempt and has a bachelor's degree with a specialty in finance. Kiril’s current focus is on cryptocurrencies and ETFs, as he does his own crypto research and is the subject matter expert at ETFdb.com. He also has his personal website, InvestorAcademy.org where he teaches people about the basics of investing. His ultimate goal is to help people with limited knowledge of finance and investments to create investment portfolios easily, and in line with their unique circumstances.




Feedback or Requests?

Continue Reading

Recent Comments

Recent Posts

A part of CCN

Hacked.com is Neutral and Unbiased

Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com.

Trending