* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. Ethereum fell to test the low of Feb. 6 at $564 today. Traders should defend this level because if it's broken down a fall to $495 is possible. Conversely, any pullback will find resistance from $660 level and the strongest one will...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. As we predicted from our last analysis that if Ripple can't succeed to go above $0.86 it may fall to $0.57 level. Ripple fell to $0.62 today. We still see chances to hit $0.57 level is possible. This is supposed to be a strong support,...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. NEO broke down the critical support of $93. This level acted as a stiff resistance in the last three days. If it keeps failing to go above this level, NEO will look after support levels to gain momentum. The first support level will be...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. After days of trading inside a range-bound, Ripple bounced back sharply from the 50-day SMA on Mar. 5. It broke down the support of the range at $0.86. In addition, Ripple finds it difficult to go inside the range again. Moving averages...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. As we mentioned in our last analysis that Stellar will face resistance from 20-day EMA and the trendline. Stellar couldn't go through these levels and bounced back from the $0.40 level. We still believe that Stellar will be bullish...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. Although XLM is trading at such lucrative price, it finds it difficult to move up. $0.30 level should be watched carefully. Since if it's broken down, XLM may fall to $0.25 or even lower. On the way up, Stellar has many hurdles to go...
We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. XRP is still trading inside a tight range -bound with no clear direction where is going to head. The resistance of the range is $1 and a support of $0.86. Also, 20-day EMA is at $1 now which makes this level much stronger. Once the bulls...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. LTC is still trading above 20-day EMA and 50-day SMA which is positive. Also, the moving averages completed a bullish crossover today. However, LTC has suffered from the trendline in the past four days. Once this trendline is broken...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. We had predicted a fall to $9100 level in our last analysis, but the price didn't reach our target and it bounced back from $9300. Now BTC is trading above 20-day EMA, however, it is very close to the upper line of the descending...
* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. Ethereum broke down the 20-day EMA, which is negative. Also, it is now trading inside a downtrend channel which behaved as a strong resistance many times in the past. To see a recovery in Ethereum, we need first to clear the 20-day EMA...
We had predicted in last analysis that BTC will find strong resistance from the upper line of the descending channel around $12000. It bounced back from that line today.So, what's next? BTC should find support from the uptrend line which formed inside the channel. Just below this uptrend, there will be $10000 level. This level should be watched carefully if it's...
LTC is trading above 20-day EMA and 50-day SMA which is quite positive. I believe that we may see the second leg to $270 level. As always we shouldn't forget old trendlines, hence, the trendline and 50-day SMA will provide us with a great buying opportunity at $200 level. On the way down, if LTC breaks down the trendline it will find support from $175 level and...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. We had predicted in the last analysis that if BTC breaks out the old trendline it will rally to 50-day SMA. BTC broke the trendline on Feb. 17 and it was stopped...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. Ripple is trading above the 20-day EMA, and it sustained above $1 level for two days. These are signs of recovery. I recommend open long position at the current...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. Ethereum saw a recovery from last fall to $565. Now, it faces resistance from the 20-day EMA. If Ethereum manages to clear the 20-day EMA, a move to $1000 level is...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. We had recommended a long position in BTC in our previous analysis if BTC breaks out the trendline. Our trade triggered yesterday at $8500. BTC has broken out...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. The Dash is likely to face resistance at $650 from the 20-day EMA and the trendline. I believe that If Dash manages to go above these levels it will rally to the...
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision. In the past few days, XLM was trading in a range-bouned. The support of the range is $0.30, whereas, the resistance is at $0.40. Just above $0.40 level, XLM will...