Here is another altcoin that took off big time on Binance, more and more altcoins are showing great action, growth and strength when moving up lately.
This is not something that we normally see when the market is bear, this is something that we normally see in anticipation of an upcoming up wave.
Below you have the targets (resistance levels) and for HOTBTC...
Bitcoin continues moving up, just as the candlesticks on the charts, all of the signals and indicators continue to tell us and more signals are developing that support a bullish view for Bitcoin and additional bullish action.
Let's take a quick look at some of those for our own learning and entertainment.
- Today we have really good volume and it is pretty early...
Take a look at Status (SNTBTC), all the signs are there. This coin is ready to move soon, a new wave up is approaching.
Here is the daily chart:
- There is good divergence on the MACD.
- The RSI bounced recently from oversold and is now trending up.
- There isn't any significant volume. Needs more time.
- Keeping on...
Let's give some love to our Bittrex users... Let's see what XDN has in store for us.
Here is the chart for DigitalNote (XDNBTC) long term: https://www.tradingview.com/x/fXkad1wh/
- Notice the volume on the far right. This is a good volume, a strong breakout.
- Here comes a change of trend.
- This one does not need much...
Ontology (ONT) can be traded on Binance and it is one of the highest volume tokens on that exchange. Recently, Ontology had a very strong breakout and has been consolidating nicely.
A bullish pattern has formed on the charts and I believe a break up can happen soon.
Charts, signals & indicators
- You can see the bullish pattern in purple. This is either called...
Tron (TRXBTC) has broken free from a long term decline. You can see it on the chart above.
- All my indicators are curving up.
- Still low volume, needs more... This is an early signal.
- Now trading above EMA10 and SMA20.
- Next target is 400 satoshis (0.00000400 btc).
Here is the weekly chart:...
Verge (XVGBTC) is finally waking up.
We have good volume today and the week is about to close. This is the biggest volume we've seen for XVGBTC in a while. Looking at the overall market, this is a positive signal.
- You can see the weekly chart on the right how XVG retraced massively and it is waking up just now.
- You can see the profits potential , which is...
DigiByte (DGB) has always been good to us. Last run gave us great profits, just as it did last year and many times for me before I started trading with you guys. So DigiByte has been giving me money for a while and made rich one of my close friends. I remember the classic LONG hold experience he had, waiting for months, wanting to sell when the price was close to...
I am looking at Dash (DASH), and man I like this project. I really never knew much about it but people kept on mentioning it over and over until I saw the action on the charts. Dash went on a bull run that latest almost an entire year.
Dash started 2017 with a price as low as $10.40 and went all the way up to $1,596.73... Wow... I know, it sounds incredible... A...
We are trading in an ascending channel.
Bitcoin has strong support marked by trend line, moving averages and fib. support.
Right now Bitcoin is retracing, letting off pressure, to prepare for another push up.
Bitcoin Support & Resistance Levels
After we hit $7300-$7500, we can revisit the chart to mark our next target.
For support we are looking at mainly...
We are seeing a "Hammer" candlestick form on the monthly time frame. The monthly candle is yet to close but will be closing in less than three days.
This is a bullish signal if an actual hammer candlestick shows up at the end of the month.
Here is a quick definition of this pattern:
"The Hammer candlestick formation is viewed as a bullish reversal candlestick...
Last time I missed the EOS boat and I have to tell you, it seemed like a very entertaining and profitable ride (you will see it on the chart soon marked purple). But this time, we will get in on the fun and profit all the way up.
Let’s start by looking at the weekly chart (green is profits potential – purple is the last ride ):...
NEOBTC is now on our watch-list.
Notice the green bar, that's over 400% profits potential to NEO's last all time high.
Also notice the yellow circles at the bottom, we are at a very strong support.
- NEOBTC bounced from RSI oversold at the support mentioned above.
- Bullish divergence can be spotted on the MACD.
We have been looking at EOSBTC for a while now and we are finally getting signals of a breakout.
EOSBTC has been trending in a descending channel and today we see a breakout. You can check the chart above for more details, this is a 3 days per candle chart.
EOSBTC still needs more volume but it is looking nice on the weekly and daily time frames.
Here is the...
I can see many alts moving into the positive and suddenly, last time this happened Bitcoin grew in price from $5850 to $8400+. Is this the second round?
Another wave up is coming!
TIME TO BUY BITCOIN and ALTCOINS! (First recommended back in Mid August)
Altcoins going up can be a bullish signal for Bitcoin, but why?
Cardano (ADA), a true winner, one of the Top 10 cryptocurrencies by market cap., is basically always a safe 'bet'.
I was surprised to see ADABTC retrace this much, all the way back to Nov. 2017 levels, meaning, it shredded all gains from its last bull run... Now, this is an opportunity for us.
Looking at the long term chart for ADABTC, you can see the profits...
Let's keep it short shall we? Yes!
Bitcoin finally broke above MA500 (purple line), which was holding the price down since August 09, as it can be seen on the chart.
Now that we cleared this resistance, we can focus on the next one... So here are the next steps for Bitcoin short term:
Let's start with the charts; On your left hand you have the daily chart and the weekly on your right hand.
- First, you can see the profits potential on the weekly chart based on ICON (ICXBTC) current price vs its April's peak and January's 2018 all time high. (Long green bar).
- NANOBTC created a new low at 0.0000767, followed by a strong bounce.