Fundamentally, it wouldnt be wrong to say that ATOM is parent of Binance. It is one of the least talked about top coin, just like LINK was before it moved exponentially.
For now, accumualte in the green box, with targets at 30-50-80% and stop on daily closing below 3.5.
BNB has been one of the rare survivors among top 50 coins over past 5-6 months while BTC and others kept falling.
The reasons are numerous, starting from the ever increasing user base, consistent financial performance, new listings, pairs against USDT, news about introducing FIATs, working on DEX, and many more!
Technically speaking, BNBBTC now making support at...
This ETH BTC log chart is not looking too good for ETH at the moment. The green support line along with the red line you see on horizontal axis is a very critical point for ETH. Also, 200MA is getting a hit as I type. We expect ETH to test this point during 1st week of April 2018 at around 0.037-0.040 level.
If BTC consolidates here or sees another dip, ETH USD...
On 2nd August 2016, BTC fell down to 470 USD, testing 200SMA on daily after making a high of 781 on 18th June 2016
Now is the first time since then, BTC again has hit 200SMA, let's see what it does next!
My bet, we are in for a 30-40% jump
From nowhere to the top and back to the base, almost! Ripple is fundamentally solid coin, infact so solid that its almost not even a crypto currency!
The chart doesnt need much commentary, buying zones are defined with golden lines, this a low risk trade, stoploss is 0.54 closing with target anything from 1.15 to 1.45.
Happy trading :)
ICON can be dubbed as one of the best ICOs (12000% return at peak) in last few months. The product is amazing along with the super solid team, which justifies the fundamental price hike.
However, as we always say, charts dictate the upcoming fundamental event, its just matter of perspective and how you look at it. On 31st January, ICX is holding a big event and...
ETH USD has seen this Moving Average fight so many times, its habit now!
Once again, the price is stuck between 9 and 21 MA, and I expect a big green hefty candle in next few days with volume. ETH is set to have another home run, both technically and fundamentally. With ton loads of multi 100 million USD ICOs coming up, we can expect the demand to go higher. Many...
KNC is one of the most undervalued gem in the world of cryptos! Its always destined to be much higher than this tiny market cap and rate.
Now, we have a solid Cup and Handle and I have marked 2 golden lines and these are my targets. This is a definite long term HODL, not much to say here :)
PS: might just want to wait for the breakout (close on daily above...
Its not the first time that BTC has fallen sharply in no time, pain is slightly more vocal as more people jumped in at a very high rate due to unnecessary media hype and some high level manipulation. But its natural, matter of fact is that majority makes losses in any asset class, that portion of majority is even higher in cryptos.
So, BTC has fallen off the...
XVG has been in news recently for all the right and wrong reasons, specially, when a target of 0.15 USD is reported as 15 USD!
Anyways, we are traders and we need to make the most out of any and every opportunity available! SO XVG will present a very attractive opportunity as we see the price retracing rapidly post the maniac of last few days.
As marked on the...
After a prolong quiet period, ETH saw a good rally against USD, gaining almost 75% in no time.
What we are seeing in ETH now is an expected correction and consolidation. Formation looks like a possible bullish flag with buy area defined through green box on the chart. This buy zone is validated by approaching 21MA support and the 50% Fib level.
TRIG BTC has a habit of rallying every now and then, followed by an equally strong dip. Trick is to find the right time to buy, and charts give away almost everytime before the move is made.
Now, we have multiple reasons to BUY TRIG here and expect even upto 300%!
- A falling wedge is formed and validated through multiple touch points and a false breakout.
so once again our hunch on LTC move was spot on, it just that it moved way too much and we arent complaining :)
Now, we need to spot a possible trade in LTC with limited downside. LTC plays well when you combine Fib with MA and right now on a 2hr chart, we see LTC resisting 9MA with reduced volume, clear sign of exhaustion. We are not saying that the upside is...
VTC after making a double top, lost almost half of its value in past few days.
This presents a significant buy opportunity, followed by lucrative targets. Currently we are observing formation of a possible inverse H&S. Buy order should be placed above the H&S confirmation level (0.00053). Also, note that 50MA is coinciding with the H&S confirmation level and acts...
XMR gave a dream rally in recent days, but as we always say, what goes up, always comes down (BTC might be an exception :P)
Once again, banking on the mixture of Moving Averages and Fib, we are expecting XMR to dip towards 220-225 level against USD. The tricky part is to catch the right buy level as moving average, as name suggests, is MOVING.
I am placing buy...
Sometimes you just feel comfortable about a particular script/coin and than you see some indicators helping your claim.
LTC USD is one pair where I can claim gaining profit almost 100% of the times (touch wood). Every pair has its own way of following technical, in LTC, I believe Moving Averages (MA) play a significant role. Currently we see a bigger gap between...
MCO BTC gave almost 150% in matter of 24 hours on 5 exchange listings and the launch of new debit card.
But, what goes up, always comes down!
On 1 hour chart, we see the following:
- Elliott wave formation
- ABC formation can take place
- previous support (green line)
Buy orders can be placed around 0.0009-0.00092 area with stop loss defined via red line on the...
Although its very tough to predict from chart when the data is barely few days older and you dont have much of a history.
However, POWR is presenting an interesting structure with more potential on the upside and limited downside.
POWR has been resting at the same level against BTC for almost 5 days now, thats generally a sign of next big move on either side. Our...