About meBitBloxx is an investment solution provider having a team of expert analysts which is dedicated to provide the clients a single platform to stockpile different digital assets, such as currencies, commodities, equities, and cryptocurrencies.
BINANCE:ONTUSDT may not have performed like many other coins in the recent up-tick, but it must be noted that it has finally managed to sneak out of the down trending resistance originating from Dec '18, followed by a retest of the same. We are of the view that it must be accumulated between current price and the same down trending line. Trade levels are on the chart.
EUR/CHF rallied earlier in February. successfully retraced back to 4hr 200sma and now moving high. With strong momentum currently, keep stop below 1.1340, there can be short term opportunity to target daily sma at 1.1435.
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Our BUY & HOLD picks for next Alts season:
These alts have been flat and technical structures suggest major up-tick in price. Green horizontals on the charts are our targeted sell levels.
After breaking out of the up-trending channel (Remember our trade? ), BNB presents yet another trade opportunity with the only threat being the 200 days moving average. However, considering that all the fundamental catalysts are in place, we are pretty sure its headed for a home run. We suggest...
A little early to say, but ICX/USDT could be forming a double bottom. We are of the view that 14 Dec '18 lows (+/- ~3%) must be bought as it makes a great trade considering the R:R. Followers are advised to have a safe cash stop in place as we feel Market has developed a habit of wicking out technical stops close to the previous lows. Trade levels on the chart.
The 200 Periods Moving Average is undeniably one of the most significant averages that one could follow. We at Bitbloxx made an interesting observation on BTC/USD Weekly (Bitstamp) chart, i,e. near perfect double test of 200MA on the weekly chart. Now we also noticed a similar test around the foothills (June & Aug 2015) of the mega Parabolic curve that ended in...
We advise traders to accumulate OMG/BTC as it has recently tested its low from Dec '17.
Our plan is as following:
Accumulation zone: 0.000480 - 0.000550
Sell zone: 0.000694, 0.000798, 0.000920
We wouldn't be worried as long as the pair manages to stay above 0.000450
BITFINEX:EOSUSD presents itself as a candidate for a long setup. Slightly lagging, but moving in line with the likes of ONT, WTC and ICX, following are some of our technical observations:
1. Bounce from a long term support at ~$4.50 with constructive trend in oscillators.
2. Price action suggests closing above short term moving averages (9 & 21 case in point)....
BNB Community Coin of the Month voting is just around the corner. As we have seen over the past months, it has proven to be a catalyst for Binance Coin, as demand increases. Keeping our hopes high from Round 9 of Community Coin of the Month voting scheduled for 27th August - 31st August 2018, we are eyeing a target of ~$11.60 (Upside of over ~14% from current...
After roughly a 1000% run from its ascending triangle back in Dec 17 - Jan 18, BITFINEX:XRPUSD now seems to be dying a painful death to those who haven't looked at it well enough. Bitbloxx however does not believe in letting such opportunities slip. After thoroughly analyzing the historic chart, we came up with the following technical observations:
1. $0.32 -...
We have been noticing BINANCE:QTUMUSD since quite a while now. Volume/Market Cap ratio generally stays above 40%, with divergence on the daily chart showing accumulation within the current price range.
Buy zone: $7.30-$7.10
Stop loss: Closing based stop below $6.74
Target: $11.20 - $12.40
In our previous post, we emphasized on picking fundamentally strong projects trading at deep discounts. Stratis Platform (token: BINANCE:STRATBTC) is another project that we feel may outperform the Market as the dust settles.
The Stratis Platform offers simple and affordable end-to-end solutions for development, testing and deployment of...