Many altcoins have similar technical conditions, starting wave 3 after wave 2 of wave 5.
Targets This movement is marked on the chart.
Visit our page to see an analysis of other Altcoins.
This is not a financial Advice.
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WOW. Remember that time back in January? When I told you to long AUDIO? When it was at 20cents???
I knew Audius was an exciting project that traders would want to get in on... but I did not expect it pop off this quickly! Up 1425% percent since that post, completely ignoring the market's recent short term downtrend.
So how do you trade this?
Honestly, I don't...
Altcoins about to explode with restest of the cup and handle with V recovery and than small retrace on head and shoulders retest. Than 22. The Altcoin bull run is in the begining, Maybe the final explosion will be when Bitcoin goes down sharply, so for now it's better to trade USD based pairs, but after breakout of 12 and retest the BTC pairs will outperform.
As volatility stagnates and directional indexes are at historical lows, pressure is building for Bitcoin SV and other coins like DASH and LTC.
This graph shows how cyclical the crypto markets are and how dangerous it can be to be short in conditions like these.
Three downtrend periods are evident in the history of Bitcoin SV, the first being Nov...
Probably it was a Re-Accumulation
Re-Buy zone: after channel breakout and retest
Stop Loss: 0.00950$
Take Profit: 0.02$
Don't follow me blindly, It's probabilities.
I could be wrong, do your own analyzes
We looked at a bullish flag for Ripple (XRPBTC) recently... We are now seeing a bullish break after EMA50 was tested as support.
Prices are likely to hit EMA200 at 0.00002478 if EMA100 can be taken out next.
We are seeing several of the big Altcoins vs Bitcoin pairs going bullish, it looks like XRPBTC will also grow next.
BANDBTC close above accumulation level at 13327 sats. Testing resistance at 13800.
Support level: 13189,12600.
Resistance level: 13800, 14400.
Pattern: Breakout of failing wedge.
Indicators: RSI above 50 points + , MACD above zero line +
Moving Averages: above 100 EMA, still bellow 200 MA and 200 EMA.