chartsdragonbtc

chartsdragonbtc

Skycoin here is looking like it has bottomed, coasting around 250 sats Red line is support, blue lines are levels of resistance and targets, respectively market with the potential % profit of +30% and +150% (roughly) in those boxes Binance has had some altcoins begin to have some very positive traction, Skycoin is one that has not fully taken off yet in any...

chartsdragonbtc

At some point later December I was long in the green box (support area) with a target in the purple box (resistance area) I think the same long would be valid again here, as XRP is the standard and the support zone in the green box is actually holding higher than previous, so bids staggered for lower in the green box for a long. I am playing a long from here with...

chartsdragonbtc

Started paying attention to the total market cap in the beginning of the month, to see if it could give any insight into the moves of the coins before they happened. For the most part, it does not give any great insight ahead of time, rather it displays how the entire market moves as a whole. I noted the bitcoin fall from 6k in a yellow text box, as that took...

chartsdragonbtc

The Bollinger bands are tightening on ZCoin here. This is a coin that I tend to follow as it has had some sporadic pumps in the past, and is good to trade. Appears to be in the very bottom of these couple blue support lines above 0.00125, if it were to breakdown below this level, I think there could be some more downside. With Bitcoin showing some strength and...

chartsdragonbtc

180 250 Currently XVG is currently on a small trend upward. Verge broke above around the 180 support area recently, and if it can hold above this level that is a relatively good sign for positive price movement. Resistance on XVG is around 250 sats, and there likely will be some struggles to break through this area. Keeping an extra eye on XVG recently and took...

chartsdragonbtc

Added some RVN yesterday at 343 sats, as that has been a good place to get some bids filled as of recently. Looks like support around the 350 area is potentially getting weak, but I am hopeful we may see a bounce here soon. I am long on RVN as it is a project that I like fundamentally, and I am hoping to make a mid-term flip here. Weary of Bitcoin's recent...

chartsdragonbtc

I am liking XLM for a long here because it has reached the bottom of the support range in the blue box. I highlighted two orange circles because it looks like XLM potentially may dip down and wick some levels outside of this box. This is the 3D chart, so some of those wicks could last a day, maybe longer, just keeping that in mind for the trade. The purple line...

chartsdragonbtc

REQ is one of the coins that coinbase is exploring for an addition to their platform. Currently holding under a 20mil market cap, REQ is one of the smaller market cap coins on Binance Recently, REQ has been seeing a lot of volume. Ideally would try to snag some more under 600 sats Pretty much just eyeing this for a potential coinbase pump, even though the...

chartsdragonbtc

KMD is a coin I like for fundamental reasons highlighted in my previous KMD chart linked in "related ideas" Looks like KMD has found a solid support level in the blue box and is bouncing around it. Highlighted to targets / areas of resistance in the red boxes. If BTC can provide some stability in a range or continue to run, I could see KMD also making some...

chartsdragonbtc

Wanted to chart Raven here, there has been a lot of moves made with this coin throughout 2018. I have had some small bids fill around the 380 level, as 355 sats is acting as a nice level of support. Some resistance around 500 sats, for now it appears to be ranging between 355 - 500 I could see the 355 support breaking down if the market takes a significant...

chartsdragonbtc

Titled this " Generational Bottom" because I do feel like we are close to the bottom here. While we have dropped out of a support box (in red) I think that we can range below it for a little while, and then easily pop back into the red support box. I think if we get momentum on ZEC and it breaks back into the red box of support, it could range there for a...

chartsdragonbtc

Wanted to update the ADA chart , just to have a fresh one out there with some updated thoughts / analysis. The blue box would be crucial historic support, and ADA has only barley touched this area. I was expecting a breakdown deeper into the blue box, but there appears to be a little bounce that has taken place. Targets are the green boxes, right around 2000,...

chartsdragonbtc

Not going to add anything to this chart besides the red box right now because it is not super needed, there is no reason to be bullish on ZEC until it breaks in the 0.017 price area, that would be the bottom of the red box that is on the chart. Right now the red box is support turned resistance, and things could be headed down hill for ZEC in the short term,...

chartsdragonbtc

XLM broke-out of the ascending triangle that is highlighted in blue only to crash and burn and actually break down below the triangle, falling near crucial support. The area of support XLM is dancing around right now is the 0.00003 area, and if XLM does not bounce back near 0.00032-0.00034 I will be very bearish as that 0.00003 area will be support turned...

chartsdragonbtc

With Bitcoin $BTC finding new yearly lows, Ethereum has also been taking a nose dive. Looking at some historic support levels marked in the blue dotted lines as the final lines of support. Below this, it looks like $14 $ETH or below will be reached, and it may look to lower levels if these highlighted levels of $80, $54, and $30. In terms of charting this is a...

chartsdragonbtc

Appears that DASH is sitting on some long term support that I have drawn in a blue box. I think there is potential that DASH continues the current downtrend that it is on and breaks through the blue box, to find lower support that I do not currently have charted. If the blue box holds as support, it may not be a bad level to start averaging into DASH if you...

chartsdragonbtc

Little fundamental analysis here... KMD stands out to me because of its multi-chain architecture. KMD allows its projects to create their own blockchain on the Komodo ecosystem, that allows them from operating truly independently from one another. Along with this, the technology Komodo utilizes allows cross-chain interoperability of blockchains, which can connect...

chartsdragonbtc

XMR broke down past the support box in blue around 0.013, looking to the next support in the red box around 0.011 Historically, XMR does not stay down in these ranges for long, which is why the purple line has a bounce happening. Resistance would now be the 0.013 area, and I was somewhat surprised to see this breakdown as that was a strong area of support. No...