On the 24th of June, BitShares found the bottom at 1980 satoshis, where it has rejected cleanly 78.6% Fibonacci retrenchment level. Then price went up and broke above the 50 Moving Average and the descending channel, reaching 2800 satoshis high. On a corrective wave down, BTS/BTC retraced down to 2500 satoshis area, where it rejected the 61.8% Fibs level, along...
Hey ladies! Here's a quick trade I have pending for EJ. Blues = buy, red = stop, greens = targets If greens are reached first, trade is invalid. Good luck!
Quantstamp found the bottom at 925 satoshis on the 29th of June. Then price went up sharply breaking above the 50 Moving Average and the downtrend trendline at the same time. Price has reached the 1390 satoshis high, where Quantstamp has gained over 50% against the Bitcoin. The corrective wave down followed and price found the support at the downtrend trendline,...
BLOCKv has found the bottom at 256 satoshis, where RSI oscillator formed a bullish divergence. Price went up and broke above the downtrend trendline and the 50 Moving Average. On the small pullback, VEE/BTC rejected the Moving Average and produced a new higher high. The higher highs and higher lows pattern currently presenting itself, suggesting the continuation...
I'm buying GBP, this is a counter-trade to the first PRZ level. I see GBPUSD as a bear but I also see a retracement happening
Hello Everyone, I'm buying as soon as it retraces to the 38% PRZ level, and it makes a bullish engulfing candle or variation. Also, I have been posting analysis on the weekends to show where my head is after a long week of trading so you'll see more of me on here. When I enter a trade a have 3-4 confirmations and an exit plan, I would try to post mine in here...
Verge is one of the top coins, which can demonstrate good growth during 2018. Decrease to Fib 0.786 support level opens opportunity to open long position. Today, most markets are down, many other top coins also provide a good entry opportunity, but first of all we recommend to pay attention to XVG. Bullish divergence of 4-hour scale can push the market to test the...
On the 24th of June, Viberate hit the low at 1080 satoshis. This is the 127.2% Fibonacci retracement level applied to the previous corrective wave up. At the same time this is the area of the key psychological support, that is 1000 satoshis. Technically speaking, it might be a very attractive price for buyers, which could result in a trend reversal or a...
Recently NCash has found the bottom at 214 satoshis area. There it formed a double bottom, after which price went up and broke above the descending channel. Today NCASH/BTC broke above the 200 Moving Average, suggesting the beginning of an uptrend. Fibonacci applied to the corrective wave down after the descending channel breakout shows that the nearest strong...
ISimple Token seem to have found the bottom at $0.023 level. The support level is seen at 78.6% Fibonacci retracement, that is $0.027. This level today has been rejected along with the 3/1 Gann Fan trendline, while the price produce a new high high. Simultaniously, IOST/USD is breaking above the downtrend trendline, and this combined price action suggests the...
Etherparty has recently found the bottom, hitting 541 satoshis level. At this price it rejected the 261.8% trendline of the Fibonacci channel, applied back in 2nd of May, when FUEL/BTC produced the high. Then it managed to break and close above the 50 Moving Average suggesting the beginning of a correctional wave up, or even a potential trend reversal. Currently...
Today CLAMS has reached 11 months low, hitting $2.27 level. This is the key support level for CLAM/USD, that has been rejected for at least 4 consecutive times during the past year. During that year price has moved in cycles, producing up and down waves. If this cycle will continue the next wave could be starting shortly and confirmation of that could be the...
Since February, when Bitcoin found the low at $6k, price continues to consolidate within the triangle patter. Currently BTC/USD is trading very close to the uptrend trendline and the support level at 78.6% Fibonacci retracement level. Could it be the turning point for BTC? Yes, it certainly could be. Current price seems very attractive and could provide a good...
Since May, Tierion was moving downwards and has lost nearly 60% to the USD. But on the 29th of May it has bounced off the 88.6% Fibonacci retracement level, that is $0.064. The following wave up resulted in a break above the downtrend trendline reaching the high at $0.088. The correction down followed and TNT/USD this time found the support at 76.4% Fibonacci...
BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend. The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC...
On the 29th of May Status has found the support at 88.6% Fibonacci retracement, that is $0.087 level. The following wave up resulted in a break above two descending channels and reaching the high at $0.1. The corrective wave down followed and SNT/USD yet again fond the support, this time at the 76.4% Fibs, that is $0.091. The strong support area has been formed...
This week NEO tested the low at $47 after which price went up, breaking above the downtrend trendline followed by the break above the 50 Moving Average. Such price action could be the first signs of the upcoming uptrend, providing a good risk/rewards buying opportunity. The upside target is seen at 50% Fibs applied though the all-time high, that is $121 area. It...
IOTA formed the bullish divergence on the RSI oscillator after it found the low at $1.33. The following wave up resulted in a break above the 200 Moving Average and the downtrend trendline, suggesting the the price is likely to change the trend. Fibonacci, applied to the corrective wave up after the trendline break, shows that currently 127.2% Fibs level, at...