


thomasfar6
Bitcoin recently experienced a large downtrend, this is mainly because there was 'Competition' between it's relative, 'Bitcoin Cash' which saw prices of $2800 on some exchanges. An ascending triangle pattern has formed which can indicate an upcoming bullish trend, the price is also trying to break the resistance price of $6,500 which you want to watch out for....
Ascending Triangle pattern indicates an upcoming bullish movement, however, we are in a dangerous place with Bitcoin at the moment. I would be careful investing, especially if that support is broken.
Monaco has recently been slammed by Bitcoin's price increase and with some bad news, they announced they would be closing some contracts with Visa which has left the community fairly outraged. If MCO is able to fix itself the currency has the potential to quickly retreat back to the $8 - $10 mark. It should continue to follow the pattern it has been for the past...
We may be seeing a Head & Shoulders pattern form on Monaco, this currency tends to not sustain a high price for long since it has a low supply, therefore, it's extremely volatile so we usually always see a strong correction from a recent increase. We should also take into account that there is a solid Support and Resistance in place for the currency, you should...
Recently we have seen parabolic growth in Vertcoins value, there has been no very relevant news that could have influenced this increase, however, they recently announced their currency will be available on the 'Ledger Nano S' wallet. Beside the fundamental standpoint when we take into account the technical view we can see that VTCBTC is following a previous...
Despite Bitcoin's recent upsurge in price, altcoins and Ethereum seem to be staying relatively stable and unaffected by the BTC's rise. From what I have been able to indicate Ethereum is still bullish, forming an inverted Head & Shoulders pattern if we can break this resistance we could be heading towards the $340 - $350 mark. However, there is still room for a...
Bitcoin is fighting between the prices of $5,000 - $6,000, it is currently fluctuating between $5,700 and it seems that the market is waiting for more good news or FUD for the price to start fluctuating hard again. I am thinking we could see a drop to low level $5,000 area, however, there is a fair resistance level Bitcoin is facing and if it breaks we may be back...
Bitcoin is following a similar trend to what has happened in the past, unfortunately, we can not use that to predict the future value, however, it should be noticed and taken into account. From what I am noticing a short-term sell-off could occur to send bitcoin around the low level $5,000 price, where you should be accumulating. As for the good news, it is...
We seem to have hit a floor for BAT, unless the currency continues to drop below the support line. It has recently seen a large sell-off due to Bitcoin's parabolic movement, however, I suspect money will flood back into alt-currencies once Bitcoin has finished hard-forking. Orange - Resistance. Purple - Support. Trade the lines accordingly.
Bitcoin is currently struggling to hold it's price from its recent rally above the $6,000 mark. We have seen a tremendous price increase since the last market drop with Bitcoin recovering the most compared to the other cryptocurrencies. As we know most of the when Bitcoin price goes up we see a drop in altcoins (Vise-a-versa). I am speculating we may see a...
This looks pretty crazy, OmiseGo has been awaiting a breakout for a while now, we may see a short-term decrease once again (Due to Bitcoin), however, once money comes back into the alt-coin market we should see a rally upwards. Trade the lines accordingly.
Stratis has recently been taking a beating from the market, with no relevant news to boost its price the currency has run itself into a sell-off. I do expect there to be an uptrend on this currency, however, I see this as a very long-term opportunity.
Bitcoin has recently seen a very large running up breaking the $6,000 resistance, we are now seeing a lot of buying pressure to hold this price but Bitcoin seems to be becoming a little weaker. In my personal opinion, I recommend not selling Bitcoin until a further indication of prices on the 25th of October (Bitcoin Gold fork) we could potentially see prices of...
Nice look on Ripple's graph, we could see a drop to the support where it will either reverse to the resistance or continue a drop. Trade the lines accordingly. Orange - Resistance. Purple - Support.
Simple Bitcoin graph, trade the support and resistance accordingly.
Potential Head & Shoulders pattern coming into play, it will bounce between the support and resistance before rebaking up or down. Keep in mind Bitcoin exploded around the time of Bitcoin Cash was released, the same trend could be seen in the week coming ahead (the upcoming Bitcoin Gold hard fork) Trade the lines accordingly.
Litecoin is looking strong, we have a resistance level coming up if breaks the horizontal green lines indicate potential targets. Orange - Resistance. Purple - Support.
Nice support on Steem, we recently had a large increase which will correct if we go below the support line. We need to break the first resistance in order to continue the upsurge to the second one.