Currently STRAT seems to be making an ascending triangle against BTC, with breakout defined above 0.00059 level. Pending buy orders can placed above 0.00059 level, once bought 0.00058 should act as a stop loss with two targets mentioned via orange lines on the chart. Another possibility is to trade the range, that is by buying at the triangular support and target...
ADX BTC on daily chart is now nearing the apex of a possible falling wedge. There are two possible scenarios: 1) The pair breaks out of the wedge above 0.000145. Conservative buy orders can be placed after the breakout confirmation. Targets are marked on the chart with blue lines. A break inside the wedge again on closing basis can be treated as stoploss 2) The...
DBG is a good BUY and HODL at current level for the various reasons: - Falling wedge breakout confirmed and a big green candle can follow very soon - Price rebounded from 0.00000104 level against BTC, which is a major long term support as marked in green Targets can be determined through the plotted Fib. Stop-loss can be placed slightly under the support at...
LTC USD seems to be making a C&H on daily chart. Pending orders can be placed at 67.5 with target 80.5-81, stoploss 62.5. BUy orders should be cancelled if price breaks below 58. Happy trading :)
POWER recently showed a massive bull run on back of some solid product news and feature aspects. Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high. Can be bought at current levels with target at 0.000118 and...
BCH looks all set for a rally towards 100 MA amid forming a solid base on 200 MA (30 Minutes time frame). Also consider the negative correlation between BTC and BCH which could be another plus point for the pair, as Traders expect another correction in the BTC. Profit and Stop-loss levels are highlighted on the chart. However, 100 DMA stands as a partial profit...
STRAT BTC got a massive beating, falling more than 60% in a span of 6 weeks. But, it still remains one of the finest asset in crypto space. This fall formed a falling wedge on Daily chart (refer to the chart) from the previous double top formation. At one pount, it even started to form a cup and handle, but even that didnt sustain and the fall continued. Now, we...
Currently OMG took support against BTC at a very critical horizontal line. RSI is entering oversold region with lots of room for OMG to catch up. RR of 6:1 worth a shot, buy, sell & Stoploss on chart. Happy trading :)
Bitcoin has tested the upper band of its trend channel, and recent past shows that testing this diagonal resistance has led to testing the supportive region around 100DMA. This is a general overview on the pair and may not be treated as a sell call.
Cant get simpler than this. with RR of almost 8:1, its worth a shot trying a BUY here, with a hard horizontal support. Very Strict Stoploss and Target mentioned on the chart. Happy trading :)
Very simple and plain trade, with clear target and stop loss available. BUY at current levels with averaging upto 0.00180. Targets should be 0.002, 0.0021, 0.0023, 0.00243 and possibly 0.00265 Stoploss just below the red horizontal line around 0.00165 area Happy trading :)
ADXBTC is setting up nicely for another rally soon. 3 major supports on Daily are coinciding between 0.000230 and 0.000240. 1) 50% Fib of previous rally at 0.000232 2) 9MA support at 0.000236 3) Horizontal support at 0.000234 As a trader, I would start buying at 0.000240 as all above mentioned supports (if honored), indicate towards bullish continuation. ...
BAT looks promising against rising BTC, however, to go long one should wait for a breakout above the highlighted triangle and 50% Fib level which is around 0.000065 area. Pending buy orders can be placed above the mentioned level, with selling target at 0.00008480 and stoploss at 0.00006. However, if triangle fails to break above, pending orders should be...
QTUM is currently forming a falling wedge against BTC on a daily chart. Also, MA support and Fib are favoring the long position. Buy at current levels, with room to average till 0.00255. Targeting 0.003550 level. Stoploss can be placed around 0.00249. Goodluck :)
Bullish setup in place. Multiple Fib and MA supports in the 0.00025 and 0.00026 range. Target should be 0.00038 and eventually 0.000460 Stoploss at 0.00024 Product news - Coin burn on 6th October can be another trigger
ARK can be bought against BTC at current levels with stoploss and target mentioned on the chart. Strong horizontal support at current level along with attractive RSI levels can lead upto 0.0007650 levels.
TKN is currently a good buy at market rate, with possibility of completing the 5th Elliott Wave. Target should be 0.00063, stoploss at 0.00041. Best of luck trading :)
NEO/BTC is in the process of completing its handle in what I perceive to be a cup and handle formation. Handles usually vary from 25%-50% retractment of the rally. Hence, going long at market may be a good idea to capitalize on. My target price, keeping in mind the formation is 0.01074887. Stoploss at 0.005900