There is one more resistance line (orange line) to break for bitcoin on the logarithmic chart. After going through a small correction of aprox 10% we will likely see another strong move to the upside and hopefully break through the last downtrend resistance line As soon as we break through we will likely hit 9 - 11K very quickly.
Ontology had a very nice rally to the upside and is one of the most hyped and popular cryto projects right now. However it failed to break the resistance trendline at around 12.6 K Sats and people are taking their profits. The price is due for a healthy ABC correction and will probably go down to the 0.618 or 0.786 fib level. - Happy trading -
My idea for bitcoin for the next 3 weeks :) We might finally break out of the downtrend and will start the next bull run! Lets see if volume picks up and confirms my bullish sentiment. If we break the the support line we will likely follow the red arrow. -happy trading-
This is my updated longterm Idea for Bitcoin.
This is my idea for Neo. One of the top blockchain infrastructure platforms. Strong community, promising Dapp projects and high level tech.
This is my idea for Zcash. Even tho it is a privacy coin it recently got listed on Gemini Exchange which is run by the Winklevoss Twins. The private features of this coin got also praised by Edward Snowden.
This is my idea for IOTA. Interesting project with already big partnership deals. The tech is in very early stage and has a lot to proof yet, but the future for Internet of Things looks very bright. I am sure IOTA will be one of the big players in this space.
This is my idea for bitcoin cash. Im not a huge fan of it, but it looks like it will do quite well this year.
This is my idea for Monero. In my eyes XMR is the leader when it comes to private crypto transactions. However, I am not sure how big of an impact regulations will have on privacy coins. This idea is just based on previous chart patterns without considering fundamentals. Happy Trading
Hi, this is my idea for VeChain. Happy Trading
Hi, this is my idea for DGB happy trading
Hi, this is my idea for Dash Happy Traiding
Reasons why: 1. We got a very healthy correction between the 0.618 and 0.786 fib level. 2. Bitcoin has formed a nice wedge and is moving very close to the Apex. 3. Selling volume is declining. 4. Big bounces from support line with lots of volume. 5. MACD and RSI are oversold 6. Market Cycle is complete
BCH had its impressive run. It will see a ABC correction down to 1000-800 area.