*Big buyers clearly did not support this uptrend, bulls strength fade off quickly *~6800$ is a good support, price may consolidate in this range (6800-50ema) for a while *A break under 6800 would mean another test to ~5800, and this time it may fail (at every touch supports loses strength) Next bottom could eventually be between ~4600$ and 200ema (~3900$) I really...
Chart looks nice, I opened a position. Price is at good support, .786 fibonacci retracement, 2 bullish divergences and great RR ratio. I set a stop loss at ~1600(15%) 3 targets: -50% sell at ~3100 (+50%) -35% sell at ~4000(+90%) -15% sell at ~6000 (+180%) I'll update this trade
Xrp does not look good at all. Strong support broke, now price is at .786 fib ext but here it's a pretty weak level. Unless the whole alt market will start a bull run soon there are good chances to reach ~4000sat (-28%) The best course is to wait for signs of change of trend
Bnb almost retraced 100% of the last move up. It has been a free fall with 6 weekly red candle and it has never been this oversold, price is at a good support and we can find a big bullish divergence on RSI. I think at least a bounce must happen soon. I'm holding/increasing. The situation may change quickly in both way, setting alarms is fundamental to reduce...
I think that neo may break up and pump soon, a matter of days or even hours I set three targets: ~6900 (+26%) will likely not hold much, may be a chance for selling part of the position to re buy after a small retrace ~9800 (+84%) stronger level, I expect a bigger retrace when price will hit this target, another good chance for a swing trade ~14/15000 (+160%) is...
Could this be the bottom? maybe yes: -bears strength is decreasing -2 bullish divergences -0.618 fib extension Next extension would be .786 at 1600.. It would be 50% more.. way too much without at least a bounce
Fib levels works greats on btc, price recently broke .786 retrac. (one of the strongest in crypto markets) but bears didn't have the strength to go much further and now is retesting. 200 ema is a very strong support. Btc may stay between .786 retr and 200 ema for a while, allowing whales to accumulate. A break under 200ema (to 4500-5000) would be probably fast,...
Good trendline support and .786 fibo. If RSI breaks the resistance the move can be pretty fast. Target around 0.155 and tight stop loss ( 32% potential profit)
I'm long on eth (vs EUR but is the same vs USD) -Horizontal and trend line support on weekly -0.786 fib -RSI at support and bull divergence -target 570 (oriz and trend resist, 0.382 fib) for 44% profit -tight sl around 350 for great RR (6)
-Bounce on weekly strong level ≈630 -Target where the next strong resistance meets the triangle trendline ≈915-960 -RSI downtrend line broken -Stop loss just under support ≈610 -30% target profit with 2.24 RR ratio
-Triangle is closing, price is almost in the buy zone. -Res/Sup drawn on weekly chart -Bullish divergences -Target 10000 (+20%) , stop loss 7850 (Risk Reward ratio 6:1)
Breaking channel and ≈6900$ resistance would be significant for a change of trend. ( I hope this is the case but I can't say that it's the most likely) Until then I'm still bearish with targets at ≈5900$ and ≈4650$. Sup/Res levels are drawn on weekly chart. I really think we are close to the bottom anyway, there are so many coins ready to pump.
I'm holding NEO as long term investment. I have good expectations for his future use, hence his price. Besides NEO is also a passive income source (gas). Anyway I keep an eye on the chart: On NEOBTC daily chart the price retested 6600sat support e was rejected for the fourth time. There is a clear trendline resistance that it has to break for a change of trend,...
-Almost at overbought range in RSI -Shorts strength is decreasing, probably it will not make a higher high -Two times before ( feb and apr) when rsi reached oversold zone a big liquidation followed, giving the strength for a btc uptrend Consider that we are not in overbought zone yet
-XMR support clearly held well and we had a bounce -RSI downtrend is broken -First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%) -We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume) -Stop loss 142$ -Risk Reward Ratio 1.74
Volume is at minimum but development is in progress and community is active. Price is in accumulation zone since February and just bounced from the strongest support. First target 3100 (+50%). if we break that resistance we can flight to 6300 (+200%)
Trendline is broken and now became support, both in price and in Rsi. Trendline support is not very strong but we also have a support at 7800 ( that is also 0.618 retracement) so we have decent reasons to be bullish in the next days. There are also a lot of alts ready to explode which would follow a btc price raise. It will be interesting to see what will happen...
Long : -0.000015 and 55 Ema on daily are good supports for YOYO -Rsi support -Hidden bullish div Targets: -0.0000233 (52%) -0.0000327 (112%) Stop loss -0.0000135 (-11%) Yoyo has quite fast moves, be ready to take your profits or exit in case of pumps or dumps