Here is my current view on ETC/BTC pair.
As it looks now, algos are trying to re-buy are 0.681 fib after we had a few days of a strong selling pressure.
If we bounce off of that 0.681 fib, we may expect and upward movement to a 1:1 extention target 0.004900.
You may also chose to stick to our original more conservative target of 0.004000
We have completed 5 waves and are in ABC correction.
It is very difficult to predict how long this correction may last and whether we would see a more downside movement.
So far every parametr on TA and fundamentals allow us to hope for a foreseeable 35% gain in near future.
Our buy zone sits between 0.618 and 0.7 fib area and our 1:1 extention sell target falls...
This is a very strong project, though the public sale was cancelled disappointing potential investors.
I just noticed that we have a setup for a 25% gain there.
Let's hope that bearish sentiment will not turn against us.
As everybody is still waiting for the airdrop on the March'5, ETC may have a great upside potential in the next rally.
However we are not out of the woods yet and the market is moving slow.
Here I am picking were conservative targets for my ETC trading.
I see that RND has completed the 2nd wave and is legging up for the 3rd.
The volume is picking up and the indicators on the daily are good.
I am curious if we will see a breakout from the current resistance and will see a completion of the 3rd wave - where I set my first target.
This coin has the following features making it an attractive target for trading
- Fundamentals are attractive (decentralized cloud computing)
- new on Binace *(I do my analysis based ob Bittrex data here though)
- continuous volume spikes
- Bullish divergence trend on MACD and RSI (red lines)
- We are choosing conservative target within the trading range and it...
This trade has been accompanied with persistent volume spikes over the last few days.
It may either choose to bounce within a parallel channel *(if the market will remain bearish), or the trade may develop along the acceding trend line.
The gain between suggested buy and sell prices is about 170%.
I think it might turn out to be a good trade.
(it is also a...
XEM completed 5 waves and ABCDE correction.
And we are in a symmetrical triangle.
What we are seeing now is a break-out or a fake-out?
It also could be more extended correction.
MACD and RSI are looking ok.
Volume is picking up.
We will be keeping an eye on it.
Good news: Huobi just listed XEM
TNB - quite overhyped Asian App allowing the fans to purchase some time to interact with their favorite celebs.
This is a requested analysis.
I believe we might have completed the 5 Elliott waves and are currently in ABC (or it will be ABCDE correction), but as long as we trade within the channel, we are OK!
a break out would lead us to a new target - 200%...
ICX is a long-term hold for many, but if you want to make some swing trades - there are my targets.
ICX - tends to consolidate within channels before targeting new highs.
We are currently in the channel and need to confirm a break-out before buying in.
RSI on 1h and 4h chart is not looking good yet, volume is missing yet.
What we see now might not be a real...
We had quite some success with hitting our 2 previous targets with some adequate precision.
Since LINK is a strong project and has been holding very strong at the current resistance, I would suggest to re-enter the trade when break-out is confirmed.
Keep an eye on RSI and volume, wait for a break-out.
This project is among the top of 2018.
Main idea is to allow mainly Chinese customers get a full information about the origin and safety of the consumer goods by scanning the code with the phone.
We are in a consolidation zone now - next target is within 100% profit area.
For those who want to play safe - wait for a conformation of a break out to get in.
EMC2 had a crazy run in December and today they came out with an announcement about their partnership with Voxels, it will allow people purchasing their tokens with a mobile phone through the voice wallet (huge advantage for the developing countries with a lack of access to the internet).
On the chart we see an accumulation and a volume spike, I would wait until...
"Shift, another alternative blockchain that includes peer-to-peer storage, an uncensorable internet, and seamless monetization removing the need for third parties like Facebook or Youtube for content creators. "
SHIFT has been...
This is the update to my previous trading idea on a promising Binance coin.
The current price still may retrace to the designated level, where we can place a buy order (overbought RSI and a very long wick on the last red candle)
Target 80% from the buy-in price.