Looks like POE is finally finishing its ABC correction, as it reached strong support at 400-450 levels.
We might be looking at the beginning of the next impulse wave up, so this could be a good entry point.
Few reasons why a rebound is about to happen soon:
- Price 0.00003122 acted as strong resistance back in December, now it should act as support.
- Price completed a 5-wave move down, so it's time for at least 3-wave move up
- Fib time zone seem to be respected (see vertical lines always around major price movements) and it indicates a new major move to happen...
Based on Elliott Wave theory. We finished ABC correction wave and we are about to start another 5 wave move up. Wave 1 - 2 currently in progress.
Levels are based on Fibs from the previous wave.
I'm pretty new to TA, so please if you see anything wrong with this analysis let me know, so that we all learn.
VeChain is a platform that offers Blockchain as a Service solutions for storing information about products. Based in Singapore, build on Etherum platform.
VEN is completing wave 3.
Currently trying to break the resistance at 0.382 fib.
Looks like UKG is about to begin 5th wave. If that's correct it could be a nice place to buy in.
Profit target based on 0.5 FIB: 0.00010831
Would love to hear your opinion about it!
Thanks and cheers :)
Looks like NULS just finished correcting. After finding bottom at 0.00038 it is slowly moving up and just broke the resistance at 0.000400543.
0 - 0.00044065
1 - 0.00047587
2 - 0.00052602
If you like the idea, please let me know by commenting or liking it :) Cheers
Looks like Bitcoin Cash is bouncing up from the bottom support level once more.
It might be a good opportunity for at least a small swing trade.
Buy zone max: 0.155
Profit targets based on Fib Levels:
0 - 0.164140
1 - 0.174556
APPC just broke out of a period of trading sideways after reaching bottom at 0.00010800.
Buy zone : 0.000145 - 0.000155
Stop Loss : 0.000130
Profit targets :
Let's start with low profit targets based on Fib Levels:
0 - 0.00018420
1 - 0.00020984
I will update them later once this trade develops.
Any comments? Suggestions? Let me know!
WABI just found support on EMA100. Looks like a good opportunity to buy. RSI signals undervalued, TTM Squeeze with growth potential.
Buy point: 0.00025218
My profit targets:
Any opinions or suggestions let me know!
ENJ 0.04% is forming a pennant formation, which is a nice bullish pattern.
I just bought my position at 0.00002954.
My profit target is at 0.00003595 which would be a 22% profit.
Any opinions? Suggestions? Let me know!
I did this analysis some time ago, but now we have a decisive break out.
Verge has been trading inside a symmetric triangle for a while now and we finally got a break out on a bullish side.
I calculated the profit target by projecting the height of the triangle from the break out point.
Buy level: 0.000012 - 0.00001350
Profit target: 0.00003 (100%)
- they have already a working product - a huge e-sport betting platform. You can learn more about them here UKG .
- they have an experienced team and many celebrities on board that already invested in it
- they are just starting with their crypto coin, just recently got listed on Okex and Bittrex and more exchanges are coming soon
- esport is huge,...
FCT is a coin of the week by John McAfee .
EMA200 was acting as a strong resistance since September. Now we can see a breakout with a huge increase of volume. MACD also gives a confirmation signal.
RSI is already in overbought area, we can expect a small pull back in price, which could be a nice buy opportunity.