Litecoin still in a long term bullish channel. Inconsequential sell-off due in part to chinese fake news. Consider buying once LTC confirms reversal off trend line
FUD concerning the Chinese ICO decision prompted a dramatic sell-off for NEO. Fundamentals are still strong. If it breaks through the fib level consider it a buy-signal.
also via request: Token (TKN/BTC) appears to have formed a bearish-looking ascending broadening wedge, and may fall back to the labeled support zone.
keep in mind that this is pure technical analysis; I know little about the fundamentals of this coin. so, trade at your own risk.
$XEL is accumulating around support. After bullish confirmation, good opportunity to buy. Solid project with an active community on github, reddit etc. Keep a close eye on $XELBTC
No idea what this coin does, just trying to catch the momentum.
Not going to jump in on that spike and get pulled into a bull trap, if it is one.... I will put an order below, waiting for a pullback. If I miss it, whatever. Haven't done my research to know if its worth bagging.
High risk trade idea here.
In my last post, we entered at .006. Target was .001 (23.60% Fib). We reached that target and closed. But because we broke the ascending triangle, a breakout even higher than our target occurred. We closed several daily candles above .001 and are now sitting on that support. If we bounce here, we'll go to .0019 and almost double our...
Wait to confirm price reversal and buy $NEOETH at a discount before the next bullish run. NEO is in a unique position, fundamentally, as many ethereum projects are switching over to its chinese counterpart. Remember to keep your $NEO stored in a proper wallet so you don't miss out on the GAS dividends.
Keep a careful eye on RSI as MCO continues its bullish climb. Monaco is about to hit the third leg of an already massive bullish run with some more room left to grow. If $MCOBTC falls out of the trend or breaks support, confirm price reversal and cancel trades.
In case you didn't see, CNBC's Brian Kelly included MetalPay in his portfolio during his coverage of cryptocurrencies on the TV show Fast Money. The $MTL team also announced the alpha release of their new client, "We are very excited and proud to announce Metal alpha release now live as of 8.18.17." Metal is one of those coins will a growing community and a lot of...
$OMGBTC is preparing for a bullish rebound after a minor corrective phase. Beyond technicals, OMG is a very promising token with a tangible product, legitimate business partnerships in place and a relationship with Vitalik Buterin, the creator of Ethereum.
With regard to previous 96% drop, most of us became skeptical with Ethereum. We estimate that downtrend may continue - until $160 (Fibs and historical price levels). If price does break $250 - we'll become bullish only at the entry point of $160. If price will find support level again at $222 (which will create double-bottom) and Fibs 0.618 will be passed after...
You can't be confident with your forecasts on 100%.
That’s why we estimate two scenarios at once. You can be either bullish or bearish. On our chart we show how to act in the worst case scenario and how to act in the best case scenario.
For basis we are using BTCUSD chart from GDAX (Coinbase Exchange).
We have used:
1. support and resistance levels
2....
