DGB has recovered from the market sell off. However it's currently losing strength and looking to go further down. Looking for it to test a few support levels to determine its bottom first. A buy on support could yield 10% gain on bounce. Watch the volume for possible bounce places, as this coin is heavily shilled on twitter.
Trend : Bearish/Recovery
If the head and shoulders formation holds expect a bigger sell off. If it breaks out if it and makes a new ATH It will go for a wave 5 at which point I would suggest exiting or taking profits.
Trend : Bullish
Volume : Great
Trend Reversal Pattern : Head and Shoulders ( In - Play )
STRAT is having a kumo twist reversal on 2H. Buy as close to support as possible and have the resistances as your targets.
Targets from chart
T2 - 165,000
STRAT is also bottomed out on higher time frames on stoch rsi. If this is a long term reversal I will update the targets on confirmed down trend break.
NEO has suffered a lot from the china news on banning of ICOs. I would suggest not to get into it. However if you already are in neo and looking to exit, the down trend line is a the best it can get unless NEO breaks out of it.
ETH has been hit pretty hard from the china news, but looks to be finding support in the high 200s. Not currently in my entry list yet, but definitely to look out for. Watch the support levels carefully as they were weakened by the huge dump.
BTC has been having a rough time with the China news. However it is still holding above $4,000 which I personally find it being an important bullish support level. I would watch carefully for breaking out of the down trend as well as the two stacked resistances for a confirmation reversal. Breaking the $4,000 I see it coming down to $3,500 as next hard support.
GAME has been following a nice trend line on the hourly, I believe with the recent news it will continue on this trend upwards, entry from now will have about 20% gains until a hard resistance. Stoch RSI is bottomed out and ready to turn any time.
NLG has been respecting the trend line and consolidating in 2700-3300 range. If we manage to break above the upper resistance I suspect it to go very bullish. Like wise break below the trend line would take us pretty bearish
DGB has been doing well and is still bullish even after such a sell off. I expect a bit of consolidation before it finds what it wants to do next. If it respects the trends I would add to positions on those trends lines.
BTC has been hit hard recently with the sell off from china news. If we hold above 4,000 I expect it to consolidate in the area before deciding on its next move. If we break below I look at possible 3,600 bounce or 3,000 as major supports.
After the panic dump of OMG it broke the trend but quickly recovered back onto it, I expect the markets to stay calm for a while and move sideways, with OMG does the same before deciding on a more straight direction.
GNT is swinging like crazy with the ICO news affecting it. Personally I wouldn't trade it but if you think you can catch the bottoms, its a great swing coin for 10%+ gains. I'd like to see a more stable movement before thinking about adding a position to it
XVG Had a nice breakout from its daily down trend, it should do a nice retrace and test its local bull trend before going for new highs. Would be looking to buy at the bull trend line or during consolidation on a support.
NAV Had an insane 600% Rise in a short period of time, without any major retraces. I expect it to start settling down now and prepare for a possible retrace of 50% of last move. Would be looking at first bounce on the 1st support.