Expect a sharp rise from Bitcoin to your previous high of 55,000.
There are two views.
After breaking its previous ceiling, it will go up to $ 76,000 in the first step.
Good luck.
Bulls have the momentum in Ethos, with both stochastics and price reaching higher highs and higher lows off of large volume, which will attract further attention on Binance.
If we follow the trend of the most recent prior bull run, we have a range up to 9,500 sats.
If the bullish trendline was to break to the downside, we'd most likely revisit price lows around...
#BQX (BQX/BTC)
Buy : 4750-4800
Flash Sell : 5000
Short Sell : 5200
Long Sell : 5400-5600-5800-6000-6200
Stop : 4400
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BQX has seen a lot of negative trends and isn't giving any strong signs of reversal. BQX is now creating a pattern on the second support, coming from the latest peak in December. RSI is just above oversold and MACD is showing bullish. There is a probability that BQX will peak to support #1, in which support #1 will act like a resistance making the BQX go back to...
Bitquence recently found the high at 33650 satoshis, after which price went down sharply. It broke below the 50 Moving Average and then penetrated the uptrend trendline, suggesting the continuation of the move down.
The Fibonacci applied to the corrective wave after breaking the trendline and the moving average, shows that BQX/BTC rejected the 127.2% level twice,...
= ELEMONT FX =
Analysis:
- Bitquence is correcting further down after breaking below support
- We expect price to continue retracing towards the major support level (blue zone, 31,000 – 33,000)
- Here we will be looking for the oscillator to turn upwards and a bullish reversal pattern
- This would confirm the uptrend is still in play
- Break of 42,000 resistance...
= ELEMONT FX =
Analysis:
- Bitquence has found support (between 61.8% - 78.6% fibs) after a previous breakout
- Reversal trade using fibs as resistance levels
- We expect price to retest key points of its breakout and then either confirm a continuation higher or lower
- If price closes below support, we expect further short-term downside
Reversal Targets
1....
Bitquence starting to look strong after breaking above the downtrend trendline and rejecting the 127.2% Fibonacci support level at 32k satoshis. Price continues to produce higher highs and higher lows while rejecting the uptrend trendline.
All-in-all current price action suggests the continuation of the uptrend. The upside target is seen at 90k satoshis,...
Ethos formerly known as bitquence is coming up with an update about their platform which is a bullish news. Seeing the price chart, the price is perfectly respecting the 0.618 fibonacci level and currently sitting at a trend line from where it can possible bounce up.
TRADE SETUP
BUYING RANGE : 38K - 41K SATS
STOP LOSS : BELOW 35K
TARGET : 49K, 58K,...
It seems like we have a Bullish Divergence (Hidden of continuity) which should bring ETHOS around the horizontal line above the price. We can take a move here and make a little profit or good opportunity to grow our stack of ETHOS (which I believe it is what needs to be done as I think ETHOS will be big in 2018).
BQX will be one of the highest gainers of 2018. But the dips. Ethos, I believe, will reach $500 by 2020. Once their platform rolls out, we'll the moon in the rear-view.
