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Crypto-analysis

Verge (XVG) won't escape it's flag soonVerge was one of the most interesting coins in the last weeks. Now that Bitcoin moves sideways, it might be a great opportunity to see, how the chart of Verge will behave. The problem with Verge right now is that it won't escape the flag it is in so easily. This means, that you should not expect any huge breakout for the next days. You might need to give it some time of consolidation since the resistance line is quite strong. As you can see from the chart, my guess is that Verge will go below the support line at 600 satoshi. But this will probably only happen after it hits the resistance line at approximated 920 Satoshi. What comes afterwards might be more interesting, though: There might be some good possibility of profit. This is something you don't want to miss out. Looking at the possibilities, you could even buy it now since it will go up. Or, you can look out for better possibilities among other alts until the day comes since you probably will be able to buy at a lower price. The indicators also signal some sideways movement. You must consider the fact that we are coming from an all time high. Just keep this coin in your watchlist. It will also be a nice 2018 for it. Good luck.
XLong
by calumon
3
IOTAUSD: Possible entry pointHi everyone, Even though the last week has been stormy for IOTA, I still believe IOTA is going to make a run for 7.5 – and even higher in the future. • The market made a ‘battish-pattern’ – which is not fully according to the ‘book’, but a good indication that the market is done correcting. • There is also a breakout on the 4H-RSI: • We broke out of the descending channel These technical confluences, together with some news events which will be announced short-term, make me believe that this is a good buy. You can buy the breakout of the blue-trendline. If the market breaks down leg ‘D’, of the harmonic-pattern, the pattern will be invalid. - Trade with care.
BITFINEX:IOTUSDLong
by ThetaNomad
9
BTC Time IndicatorCorrection time. FOMO is driving this pump with Media blasts about the recent ATH. We will get a break out in the the next few hours however, down will be the ultimate movement by the end of Sunday the 3rd. This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do. Agreeing or Disagreeing is not personal and is welcomed in a positive way. Don't crack out on BTC 1.63% too long and remember to go outside and climb a tree or something. Happy trading ~Ji
COINBASE:BTCUSD
by JohnnyJi
1
BTC support levels from the ATH with IchimokuMacD on the 4 hour chart may flip soon. Turning bear. Also, every time frame under 4h on the MacD is showing a bear RSI also is continuing its decline. In times of ATH the Ichimoku offers some clues as to what the market may do. Expect support at the Tikansan, Kijun and top of the clould as the momentum stalls out. Still bullish on the daily and of course weekly. Trade on. ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do. Agreeing or Disagreeing is not personal and is welcomed in a positive way. This is not a therapy outlet for venting negativity. Go join a boxing club. I like boxing. Happy trading everyone!!
COINBASE:BTCUSD
by JohnnyJi