Seems like we have a stopover at the 3,400 levels. There will be a little accumulation before going down again to 2,500 which is a very strong support. The 2,500 price level also falls on the .618 fib, which is a strong pullback reversal zone in the cryptocurrency market, in general. After reaching 2,500, the recovery should quickly happen and in the span of 2...
NEO went for a high roller coaster ride and needs to refuel. Should be retracing back to the 0.5 to 0.618 fib levels or back to where the most recent pump started. When NEO pulls back, start buying.
BTCUSD has dodged the bullet right after it got back above 4,000. Now it's steadily rising but needs to retrace. Look for the zones indicated in a rectangle as the bounce off point. BTC needs to create a higher low to confirm this bullishness.
BTCUSD is currently locked above 4,500. If it continues to keep pushing up, it could rise parabolically and the most fearful thing could happen - a huge correction. For now, I see BTC touching 4,800 before going down. It could also push further upwards if the market demands so. These are the support I see in order of critical level: 4000 - a bit critical 3500 -...
OMGBTC looks like it's gonna break down its current support at 2220. It will go down to the trendline support and bounce back up. Buy when it touches the trendline support.
Looks like EOS is attempting to move out from this downtrend. It has already moved away from two downtrend slopes and is going to approach the 2 more downtrend slope which should eventually recover its bullishness once it goes past these. However, if EOS continues to plunge further down, then it's gonna be quite a long wait before it moons again.
Monaco is currently in a pinch. If it stays above the support uptrend slope, then we could see a bottom reversal in the coming days. When the bottom reversal happens, you can buy and wait for it to retest all time high. If it goes down, we could see it dropping to the support levels indicated in the charts above. Wait until the drop stops before buying.
Looking at MCO's past history. Every breakout stops and retraces to the .618 level before reversing from the bottom. So now, you may buy MCO with low risk before it moves up again. Remember to always put a stop loss below your buy price to save yourself from the market's volatility.
Just look at how beautiful this cup and handle looks. It seems that BCash has been gaining traction from the miners because of lowering the mining difficulty. If miners flock to BCash, its price would also move positively. For now, ride until BCash's wheels fall off. For now, BCash just needs to create the handle before a bigger move up.
Looking at NEO's chart, it has moved away from the downtrend slope which means the downtrend momentum is gradually subsiding. Look for buyer movements indicated by long green candlesticks with sufficient volume . On Sept 10, a surge in buying could happen during the upcoming Red Pulse (RPX) ICO which will require NEO as payment. Whales will start hoarding NEO...
Looks like PAY is on a falling wedge and soon to reach supply zone (see red lines in the chart). Once it could bounce off from that zone, we're shooting for the stars! Also, they have just released their web app in closed beta yesterday. So, prepare for the pump and buy now. blog.tenx.tech
Looking at OMG, seems like the correction was already over. The past few days OMG had made several good moves which piled up all the buying frustration. Now. it seems to be ready to move higher. I only added the first take profit target will add the next one once we reach the target.
ETCBTC seems to be mirroring ETHBTC's moves. It seems to me that ETC is positioned at the bottom very well and has been steadily rising for 3 days. Accumulation of volume is visible and we just see ETH move up really fast. ETC should go together with ETH so it will be all good until its wheels fall off. Low risk buy: Current prices Take profit: See targets above
Seems like everyone has forgotten about Ethereum. Well, on Sept. 26 they will be upgrading their codebase to improve their software. And now, it seems that ETH is slowly rising. This has been the case before when ETH is deafeningly silent, slowly rising and, boom, it just shoots for the stars. $400 is a possibility and a new all time high too. Read more about the...
CVC seems to be quiet after they threw that huge party when NEO was partying too. Looks to me that if there's no buying demand, CVC could go lower. If some news or announcement comes up, it would be sure to go up. Shoot for the stars? Maybe? But I think the possibility is a little less.
Dash, the silent killer, seems to on a move again. Also, it seems to me that it could break out in less than a month. Let's just wait for an announcement or any rumors that will shoot the prices up. There's buying demand in the last 3 days and let's just wait on how price action moves in the next week.
It looks like the final wave is over and correction has begun. Be careful when trading with NEO. Chinese are good manipulators. They're the best at math and don't underestimate their manipulation potential. :) NEO is a good scalping candidate as there's high volume and volatility. Be sure to always put a stop loss whenever you trade this coin.
If BCash remains to have an uptrend slope (sky blue dotted line) then we could potentially see a cup & handle. If uptrend is broken and we see more downtrend slopes, then this idea will become invalid.