Cardano aka ADA the new mega coin is at a crucial point.
Generally a big coin with great future potential, so if you are looking for a good investment longterm, her it is. Besides Stellar it is one of my favourite coins at the moment. Solid project and background, a huge community, very liquid and amazing to trade also with bigger positions.
But where are we...
After some weak days of XLM that were kind of scary, because the break out of the triangle everyone was waiting for wouldn´t come and XLM would move accurately along the downtrend line
we had a proper 15% Kumo break out today and the downtrend line was broken.
As it broke by 3% we can speak of a trend change.
Let´s have a look at the indicators:
Ichi: We are...
Stellar XLM is the new shooting star within the top 10 and has made a rally of 130% in 3 days and has been crossing the 50 Cents mark now aiming for 1$.
My last predictions of XRP predicting 2$ by the end of the year as well as predictions for BCH and IOTA mooning when they 350$ and 0,38$ were pretty accurate.
So here is my next call: XLM to 1$ latest in Q1-18,...
XRP the coin of the hour made 152% in 2 days, reason enough to take a closer look at the current situation and development.
Short Background from my researches:
- XRP is a very solid company with a very solid product
- supported by a large bank background as crypto currency of the future for online transactions UBS, JP Morgan and many more all together 75 banks
After a tough week for monaco holders and in my opinion an out of proportion dump.
MCO is coming back to new strength and has moved above the Kumo from 1m to 1h chart with a strong bullish move.
Current chart is 30m chart. Currently slightly getting overbought with this short term zoom in, but zooming out to 1D chart you see that MCO is still oversold at the...
After slowly ascending BCH just broke the strong 400 resistance in a second attempt.
BCH is the winner of the day and reading the vibes of the community and current news on BCH we could face another strong ara of BCH.
On a weak trading day like saturday there was still a pretty recognizable uptrend that I currently don´t see stoping soon and BCH left all other...
ZCASH is way above the Kumo cloud from 1m until 2h chart.
Green lights for long trades, looks like it will be the winner of the day.
DMI supports upward movement and rising bull strength impression.
Currently slightly getting overbought (Stoch, RSI), so you might wanna wait till the next wave down and then get in and then ride it until:
target 1: 300
IOTA is starting the next wave up.
MACD shows correction wave down is completed
Good point to go long again.
We are clearly above the KUMO and in a clear upward trend.
Next targets 50ish, 56, 64.
Watch resistances and eventually take profit.
Good luck with your trades!
Guys you are finally safe on this one. IOTA is back and will now climb to 50 and then 64.
Big Kumo Break out today, seems unstoppable!
Corrections are very little. Buying in before 50 recommended, than wait wether there is a major drop.
If it goes through 50 oberserve 56, than 64 resistance.
IOTA is 25% from yesterdays dip, I hope you guys were able to follow my posted strategy.
Now we can perfectly trade trend following, as we have a beautiful upward channel.
IOTA is still very cheap and as money will move back to Alt Coins after the upcoming BTC fork, IOTA will gain even more strength.
We have more than 20% to make till the next resistance which...
IOTA broke the short term uptrend line and the ones who didn`t take the short term 15% Profit out of the last Kumo break out Pump might be still holding now.
IOTA is currently in a very critical zone and we are very short before sunday, which means most likely prices will be falling more!
So where are we:
We are at the lowest point of the strong 35-38 Zone...
Finally IOTA confirmed the broken downtrend with a Kumo Break out, moving way above the cloud and baseline now!
The upward trend of the last days is confirmed.
DMI: Exploding over 40
Ichi: looking great all above the cloud and baseline until 4h chart -> the break out bounced at 47.5 from the upper resistance of the Kumo Cloud at 4h chart!
If the the price also...
A short IOTA Update as requested:
IOTA broke the downtrendline this morning as expected after yesterdays rising wedge (shared ideo before).
after a rally until 48.5 there was a bigger dip below the trendline as volumes decreased.
- Ichimoku Indicator shows we are still moving above the green waves and still have upward momentum
- MACD shows, a new wave up that...
After almost 3 weeks of downtrend and accurately following the downtrendline.
IOTA has rallied last night and has finally broken the downtrendline resistance and is own its way to old glory now.
I saw the reverse early with a rising wedge (post before) that was followed by some sideways action and then concluded in the rally to break the downtrend line.
Who followed my IOTA strategy last night made + 8% until this morning already.
IOTA is now forming a rising wedge and will be one of the money makers today!
It is still very cheap and leaves room for a lot of gain. Still 8% to yesterdays average line of 47.
Time to get in!
Sometimes we should not complicated things.
THE TREND IS YOUR FRIEND!
The chart shows nearly a month of BTC upwards trend since the last china breakdown.
I traded other coins lately, which in retrospective was a mistake as Bitcoin is the mother of crypto currencies and the safest trade at the moment.
I was hesitant last week at 4800 $ to get in and now we are at...
IOTA is descending accurately along the downtrend line!
I expect it to go all the way down to the 37 support level.
If if it concludes there and shows concrete signs of upward movement, I will buy in big there as I expect this major coin and great project behind to hit all time highs in the coming month, which would then mean nearly +200%.
If even the 37 support...