CryptoSnuff

CryptoSnuff

DGB has seen (as all alts) great retracement. However what goes up most come down, and vice versa. Falling in bullish wedge formation we could think of positioning ourselfves for entries in the upcoming days or weeks. 2 major support zones to consider. One strategy is to trade the exit of the triangle on 400 sats for confirmation and equally wait for...

CryptoSnuff

On a non-log scale BTC already breached the resistance zone. However on the log scale we've just hit the wall. Forming a asymmetrical triangle this could go either way. The traingle should be a continuation of the trend, but there's ambigouity in reading the chart. One could argue we should continue the downtrend prior to the traingle. However, I believe the...

CryptoSnuff

A few weeks back i've sold my ETH to get back in the game at a lower ETH/BTC value at around 0.11. Now we can look at ETH again to see at what retracement level we can get the best position. Since 2016 ETH is actually showing pretty steady patterns and textbook Elliot waves patterns. We are currently heading for the next leg up for ETH/BTC. If we look at the...

CryptoSnuff

NXT will be seeing more retracement the upcoming weeks. Due to the stormy way up there is not much support, so we should anticipate folling to the trend-baseline, where it will accumulate for the next wave. Use stop-loss to cover your six, as we will go for price discovery downwards beneath ATL (all time low). For the short term you will have a 50% short possibility

CryptoSnuff

Ignis has been a tough cookie. After the airdrop it has seen a major decline. Thought it would reverse earlier, but it didn't hold and retraced another 50%. So it's dead... or is it? It's currently playing out the last leg of the elliot retracement. And showing signs of reversal. Double bottom formation with a possible triangle outbrake are the first signs. Also...

CryptoSnuff

BAT looks like it is ready for the second leg up of this Elliot cycle. Look for confirmation of the breakout.

CryptoSnuff

Sys is making it's new wave's after the correction. Could go either way, but if we take enough room for a buy order above the current resistance, we should be fine to take nice profits without becoming bull-trapped. Also regarding the upcoming ICO, this should tilt towards the favor of SYS.

CryptoSnuff

VEN broke the upwards channel, confirming a bearflag meaning we will have more retracement down the road towards at least the 0.618fib on 0.00036 BTC.

CryptoSnuff

ARDR wil see some sideways action in the foreseeable future. Based on previous fractals we could expect new price action from april onwards.

CryptoSnuff

Don't know what to think of the fundamentals of this coin. But this looks like a solid setup; market cycle is complete and the latter fractal looks pretty similar to the first one. Expect new ATH soon.

CryptoSnuff

Nano had a nice jump yesterday. After a falling wedge it's ready for its second run.

CryptoSnuff Updated 

Today I will be watching Nano. It has been falling for a little while, forming a bullish falling wedge. Within the wedge is a smalle wedge squeezing sellers to a break out. MACD on the hourly is turning to positive. Peak volumes have been well over de past period, now we wait for a new volume spike.

CryptoSnuff

The strong bounce for BTC is forming a rising wedge towards the last bearish trendline which we need to break to get to the next bull-run. This gives a short term shorting position and get in around 10-9k

CryptoSnuff

The market seems to be convinced that Neo is in a bull market. Seeing a steep leg op since december (/BTC), it seems invincible. But the NEO/BTC chart also reveals another scenario. With a bullflag in its retracement, it might hit the 0.382 fib, bouncing for a bear trap to 0.236 fib. This is where you could take profit before seeing retracement to 0.0048 BTC...

CryptoSnuff

FCT is up for its next wave in the upcoming days. Nice triangle consolidation, and upward continuation is probable. MACD is about to cross on the daily. Targets are not to gready, also considering the overall market FUD.

CryptoSnuff

Depending on your trading style you might want to wait to break resistance to buy the confirmation, or take the breakeout of the falling wedge. LBC hasn't really pumped since last summer, so the upside is rewarding. Got tipped on this one via Dalin/Highaltitude Investing.