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Altcoinsvsbtc

Altcoin Market Cap Bullish breaking above Cloud and Golden CrossThe short term Altcoin Market Cap is looking very bullish here in my opinion. The last time we broke above the Ichimoku cloud we saw almost 3x gains and now we have broke above the cloud again with 70B acting as support here. We can also see the 50 day MA crossing above the 100 day MA which signals a bullish trend a golden cross with the 50day now approaching the 200 day MA also. The Fibonacci retracement also shows a first target at the 0.382 level of 90B, followed by the 0.5 fib level of 100B. Should we break through these levels then we are looking at the 0.618 level of 110B which if we can pass would soar to above 140B at least. In my opinion this is a short term view which could play out over the next 3 months or so.
CRYPTOCAP:TOTAL2Long
by CryptoShamTV
2
XTZBTC broke out the resistance | Upto 167% move expectedSince Feb 2019 the priceline of XTZ / Bitcoin Cryptocurrency was moving within a pennant and finally broke out the resistance of this pennant in Sep 2019. The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish. The Ichimoku cloud is also turning bullish. We have a new support at 0.00008786 sats after this breakout. Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below: Sell between: 0.00015935 to 0.00023495 Regards, Atif Akbar (moon333)
Long
by moon333
3
WAVES Hello, Traders! Monfex is at your service and today we overview WAVES/BTC . WAVES one of the losers these days, but we remember that marketmakers stand by this coin and at this chart we see the descending channel and the price is going to the bottom line. Also we see it's a bullish divergence by RSI and we can suppose that near the previous low will be rebound to the resistance zone. Supposed Trade Signal by WAVES/BTC Buy near 0.0000890 Take profit ~ 0.0001034 Stop loss at 0.0000825 Market Cap $70 561 361 USD Volume (24h) $14 900 668 USD Circulating Supply 100 143 784 WAVES Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
W
by Monfex_UK
Altcoin Season - 90% Fib Retracement the Bottom?Using the Crypto market cap (excluding BTC) we can gain an insight into the altcoin's potential trajectory. After the explosion in 2017 it was apparent that a harsh and brutal correction was inevitable, it may appear that the worst may be over. As you can see the altcoin market has retraced the typical 90% from bubble swing low to swing high, in fact the Nasdaq did the same after the tech wreck in 2000. It is possible and quite healthy for the alts to retest this low around 40bln, however i would hazard a guess that the bottom for alt is at (or very close to) this current low at 40bln. Nevertheless, the idiom of 'Buy low and sell high' is quite difficult to do when presented, but this may very well be the case for the broader altcoin market.
CRYPTOCAP:TOTAL2Long
by Profit_Link
1
NXSBTC forming bullish Gartley | Upto 34% expectedPriceline of Nexus / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. We have 100 simple moving average strong support below the price action. I have used Fibonacci sequence to set the targets: Buy between: 0.00002833 to 0.00002588 Sell between: 0.00003028 to 0.00003490 Regards, Atif Akbar (moon333)
NLong
by moon333
ZENBTC same cycle likely to repeat again| Upto 803% potentialLets have a brief look at the ZEN with Bitcoin pair: Then: In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average. In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel. Now: The same cycle is likely to repeat again. 25 SMA again crossing down the price action to form a golden cross with 50 SMA which will push the price action to breakout the resistance. 100 SMA is ready to form a golden cross with 50 SMA in case of breakout from the resistance of channel which will produced more powerfull bull thrust that can push the price action even beyond the 0.786 fibonacci (the end of sell zone is i have defined on chart). Volume profile of complete channel is showing very low interest of traders below the support of channel. I have defined Fibonacci sequence to set the sell targets as below: Sell between: 0.0018685 to 0.0034417: Regards, Atif Akbar (moon333)
Long
by moon333
2
FETBTC formed bullish BAT | A good buying opportunityPriceline of Fetch / Bictoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 100 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000513 to 0.00000492 Sell between: 0.00000524 to 0.00000549 Regards, Atif Akbar (moon333)
Long
by moon333
1
PERLBTC formed bullish BAT | Upto 16% potential tradePriceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000412 to 0.00000402 Sell between: 0.00000434 to 0.00000469 Regards, Atif Akbar (moon333)
PLong
by moon333