XTZUSDT seems to have found support. Strength is picking up and indicators are oversold on both 2 and 4 hour charts.
Long Entry - $2.45-$2.55
TP1 - $2.80 (approx. 12% profit)
TP2 - $3.50 (approx. 40% profit)
TP3 - $4.00 (approx. 60% profit)
I doubt it will reach $4.50 this time around though. I might be wrong though.
Currently BTC is on the upside, most...
TRXUSDT went crazy the last few days due to Justin Sun's announcement on the 31st August about creating the new Sun token. Details can be found on many crypto news sites. I think he just jumped on the bandwagon not to miss the DeFi bubble.
Now that the FOMO settled, the pump is over. Since TRX is currently still in overbought territory and losing steam, a...
With its higher highs, higher lows XLM has provided with loads of buy opportunities. Excellent opportunity to buy the dips anywhere between 0.1-0.11 at the moment. Sell targets are 0.12, 0.14, 0.18 and 0.22.
Disclaimer: these are personal observations, not financial advice. Do your own research. If this analysis helps and you make $ though, you are welcome to...
IOTA is still consolidating after the recent surge to 0.41 USD. Buy zone will be 0.33-0.35 (so another 4-8% down). Approximately 1 week hold until the next surge that should be higher than the recent one. Price surged due to recent news ( here ) about upcoming mainnet upgrade next week. Sell target will be anywhere between 0.40-0.70 (depending on BTC). Staggered...
Daily chart shows that we are at the beginning of a short-term consolidation. Expected support between 9500-10500. Current strong resistance 20000.
Due to the high market volatility opening a short position is very risky. Risk/reward ratio not ideal.
Long position might be opened once market bottom is found and accumulation begins. Risk/reward ratio will be much...
BTC has been trading in an ascending broadening wedge formation in addition to showing RSI divergence on the hourly chart. These are mostly bearish signs. ABW suggests the dip will be at least down to 9660.
In addition, BTC completed a perfected 9 TD sequential formation yesterday.
Let's see how deep the rabbit hole goes.
I think BTC might pump to a max 9700 before nosediving. I find too many good news on the media discomforting. Every time there were this many good news (vaccine, EU deal, Feds) there was a pump, followed by a massive dump. The August Recess is upon us. Trump goes to play golf with his buddies. Institutional investors can easily manipulate media....
TRXZ18 is oversold on the daily chart. Last time it happened, it quickly shot up to 400. With the current BTC short-squeeze it's a bargain. TRX is a strong project with loads of positive press recently.
BITMEX:ADAZ18 is sitting quite close to the bottom so many speculate that it should go up, however I believe ADA has some turbulent times ahead with the departure of IOHK that I think will push the value down temporarily, providing us with easy profit opportunity.
T: 1100 or possibly lower
As usual, this is just an idea, not financial advice so...
TRXZ18 is sitting near resistance, should retest its support near 340 in the next couple of days, unless BTC does something completely unexpected...
SL: as tight as possible
BITMEX:ETHUSD is sitting on strong support level after the BTC dump. It is currently oversold and is about to show Buy signal on the 4h chart, therefore it is expected to climb to the comfort zone between $220-$230 in the coming week just as BTC is expected to bounce back from the gutter. I don't expect ETH to reach new highs in the short term but still, with a...
BITTREX:SRNBTC possible Cup & Handle formation. Quick and easy 15% profit. Entry at approx
BTC 0.000012, target at BTC 0.000015 before retracement, followed by bull run if Bitcoin stays relatively stable.
STEEM is sitting on support level, ready to bounce back, ADX is reaching 20 with +DI dominating -DI. In addition, it just have been listed on Binance, and we all know what it means. :) Short term target 0.006 ETH.