In my last Salt idea I talked about the very strong support level that prices would fall to and rebound from. All of this happened. Now we have another oppurtunity to catch the bottom on this pair as we are sitting on support. Price may launch into a triangle of some kind but it will move up eventually. Salt is basically a bank.
The drops we have seen across the entire crypto market have been severe. I still believe we are in a bull run and this recent drop is nothing but a pullback. In CPC we see price has retreated, and been rejected from the previous accumulation zone. This are should be a heavy support and act as a trampoline for price. We will likely launch into a few days of...
CPC had a strong breakout today and has pulled back hard. I am seeing an impulsive move followed by a 3-wave correction into a support zone. I believe this zone is a strong support because heavy volume took place in this zone. This is a short term trade. SL .00009 Good Luck, Alex
Hi, Capricoin has been range bound in a descending wedge shape for about two years. This coin has been running on massive volume. Because of the volume and the recent breakout from structure I believe we are at teh start of a new impulsive cycle. Good Luck, Alex
Hi all, We have formed support around the dashed line. This was also an area where heavy buying took place. Litecoin is in a massive triangle and seems ready to break out of this range. The volume is low but I think we cans ee another cycle of heavy volume when we break out. The targets are marked withe the inverse 1.618 extension. Good luck!
This coin is breaking out of a long term accumulation phase. There is insane volume building and with a market cap of 250 million usd it has lots of upside. At the moment we are falling onto support. THis area is marked by high volume meaning it is a very strong support. Short term targets are the 1.618 inverse extension but it is a great coin to invest in. Good...
Hi all Sia Coin is another coin with great fundamental value. This coin is also on a volume fueled bull run and my long term targets are much higher than current prices. It seems that this recent pullback is sitting on support and out of momentum. Price should push in the next few days. Targets are given by the 1.618 inverse extension but this coin is a safe...
Digital Note has just broken out and retested a long term trend line. This coin has a solid fundamental backing and a market cap of only 400million which isn't much when you look at the top 5 currencies. In the chart I've shown places at which large buying took place, these lines should act as support. The pullback here was gradual leading me to the conclusion...
Verge is a hyped coin now. It has a relatively low price and is breaking out of a massive triangle. Targets are the fib extensions. There was very high volume on this coin and lots of accumulation. It seems we are finishing with the whales break and are ready to pump again!
Ripple pulled back from it's previous high of 3.30$. Now that the downside was rejected on high volume I believe we are at a local bottom for this currency. Ripple still has the problem of diminishing volume but for now it seems the rally will continue. There is a parallel channel in play, this is coupled with the 1.618 extension to give targets and projected...
Hi, A coin that I've been watching a lot lately is Salt. They are a platform that will give out crypto currency backed loans. I like this idea because hodling in the crypto world is a core philosophy, but people are still going to want to leverage their assets for quick cash. This gives Salt good fundamental value which is big plus for me. The platform launched...
Hi, I think this bottom resembles a typical Wyckoff distribution. We should spring from the new accumulation range. Terms: PS = Preliminary Support SC= Selling Climax AR= Automatic Rally ST = Second Test I believe the lack of volatility we've seen over the past week is caused by large buyers accumulating their positions for the next pump. We should be in...
Hi, Ripple seems to be reaching resistance. The recent rally is fueled by new money and Coinbase listing hype. There is diminishing volume despite the increasing prices. I think we may have a deep retracement soon. I've labeled possible price paths. I think there is a lot of new money FOMO buying, when this happens they often panic sell. I don't actually mean...
Hello, There is an opportunity in Bitcoin now. The uptrend still has great momentum. The drop in prices was reversed quickly, a long wick printed on the daily chart. This long wick was also coupled with heavy volume. As you can see that last time volume was that heavy, bitcoin was at a local bottom. Price is also showing a flag pattern that retested a previously...
Capri coin has a tiny market cap and low volume. The order books are quite thin making it the perfect candidate for a whale to pump the price. In the weekly chart this coin has formed a descending wedge shape, meaning downward momentum is dissipating. A few days ago, this coin saw an intense burst in volume, over 15 million, or five times the market cap of the...
Mysterium has a market cap of ~ 38,000,000 this is relatively low compared to other coins, making it an ideal candidate for whales to push. We've seen lots of downward movement, this downward movement has been stopped after a descending wedge breakout coupled with high volume. The volume, in my opinion, is not what we would see in a market that is functioning with...