Okay, bottom fishing is not the easiest task when you're about to choose an investment strategy. So what? Strong signals should always be taken into account: trading, after all, is mainly about computing expected values; hence, you're expected to pick the likeliest event up, no? So what we want to do here is pretty simple: altcoins are experiencing a long lasting...
Basically, yes, it is. On the one hand, the price has broken the resistance at 7900$; on the other hand bulls did so with low volume, taking many days to jump at 8100$ and now it is stuck again, rejected by the BB-20 SMA (about 8200$). A do or die move is needed, otherwise it could test supports way below the current price: 7200$ may be on the cards, at least. The...
Actually it would be meaningless to make prediction. But atm it is crucial to look at this chart, which is the only one that can make BTC fly even more. As a matter of fact, it has already played a pivotal role, otherwise it would not have broken 6600 and 7000 walls so easily. So I just wanted to warn those who were eager to take profit: there's still room for...
Given historical trends, it is quite common to see BCHUSD retracing at least 61.8% or even more. An enduring range bound market is not welcome. Look also at the MM200 support: a missing direction and lack of momentum is often harsh for BCH investire. Be careful, fix a tight SL and/or book partial profit.
Key supports have already been broken on EOSUSD; the MACD is especially pointing out a potential reversal. Still, it is plenty of different opportunities and we believe that the price action may even retry to break the higher resistance (see the asymmetrical triangle). We predict a target price of 3.60-3.90$, where a nice buy opportunity should be taken into...
If you're late, it's time to take profit. At this point, although we haven't a complete trend reversal, after a strong rally we have multiple signs, even under a moderate scenario, that ADA is getting close to a deep correction (ADA has already experienced a 30% retracement). Although I believe one should never rule out any possible scenario, including -in this...
Atm XRPUSD is weak. It has already been rejected by MM 200 multiple times and MACD does not show any reversal signal: still, its price action is unpredictable. Given its tendency to unleash energy suddenly, it could be a long term buy opportunity. Beware: XRP is characterized by extreme retracement. If you are looking for short term trading, it would be better to...