EOS Levels to WatchA few days ago I made a post saying that EOS was forming a possible double bottom (which I updated the idea to say that I was wrong.)
Anyway, EOS has found support and lots of volume has come in as people are accumulating.
RSI is looking good and the first major resistance level will be at 21k sats.
Altcoinsvsbtc
OMG/BTC 4 Hr ConsolidatingOMG/BTC looks to have pulled back to the .681 Fib Retracement level which correlates with that support level.
Volume has been consolidating as well. RSI is looking good
Keep eyes on for it to hold that support level because there might just be another breakout real soon.
AMB/BTC 4hr Levels to WatchAmb has had a great run over the last 10 days. (75% or so).
As is evident, the 4hr RSI is showing bearish divergence as buyer volume is starting to get a little exhausted.
Those support levels are nearly aligned with the Fib Retracement Levels.
I'm looking to layer my buys between 6500-6000 satoshi's.
On the other side of the coin, if it continues to consolidate between these 6800-7200 satoshi's then there's the possibility that it will go on another run to test those resistance levels.
"All the Way Up" POE/BTC 4hrPOE/BTC on the 4hr looking to be setting up for an imminent breakout over the next few days.
Higher lows have been established as the volume and RSI remain steady.
BTC USD - EMAs in daily TFMorning traders! Here we are with the bitcoin! The last obstacle for the beginning of a strong upside movement are the EMAs , EMA 200 has been broken with a strong candle but now EMA 100 acting as resistance , already 1 month ago EMA 200 acted as resistance and the BTC collapsed but now looks stronger and found an important bottom at 6.5k zone. Maybe and know for sure , might start a sideways movement of the BTC , in this case the altcoins might EXPLODE . Let's see what will happen and have a nice day tradersss!
ONT/BTC Possible Elliot Wave 4hrPossible Elliot Wave for ONT.
Look for more volume to come in, the RSI has cooled off and I think we are getting ready for that final leg up before the big sell-off.
Things to note, on the 15m chart, there is some bullish divergence on the RSI so let's see how it plays out over the next few days.
A move to retest those ATH would be 26%.
Small pull-back on BTC, as expectedWe have tested the uptrend (dotted line) and it still looks healthy. If BTC is breaking the first resistance at around 11.300 we can see strong movements up to 14.500.
I still use BTC as the main indicator on price movement predictions on other top 20 alt-coins. I'm holding my positions and would consider trading again from 14.500.
Enjoy your weekend!
BTC - WHEN TO BUY ALT COINS? - CHECK THIS AND THEN BUY ALTCOINSI dont suggest you to buy Alt Coins before we break 11400 , then we can talk about bull season.
If we break 12000 , then alt coins party will start. Alts are waiting and hungry to boom. Thats why Alt coins wait for the uptrend confirm.
Altcoin Buy : 11400 (BTC) Buy at this price only oversold alt coins
Altcoin Buy: 12000 (BTC) Buy alt coins has a good white list like sys, strat ....
EBST TradeHeres our TA on the coin, EBOOST.
We've had a very strong decline in the cryptocurrency market, and it seems like things are going bullish for the time being.
With BTC breaking out we can expect many coins to follow in its footsteps.
The technicals are amazing, with RSI & MACD showing nice signs of reversal.
On the 4 hour timeframe, we've broke out and consolidated creating a bullish flag and broke out of the flag sending the price upwards!
On the daily chart once we clear 0.000038 the price has double bottomed on the daily and should send the price a lot higher!
(Shown by green line)
Stop losses can be set below previous resistances
0.00003029
0.00002615
Take Profits at fib retracement levels
0.00006661
0.00009150
0.00011163
Entry
0.000038 (Double Bottom)
We'll be updating this post as time goes on, including when we enter or exit the trade. Cheers!
Feel free to check out the related post on how we can maximize profit while minimizing our risk, we'll be implementing this method into this trade!
Altcoins and Bitcoin ConsolidateBoth Bitcoin and the Altcoin Index have consolidated notably. There is a complete lack of momentum across the board as the cryptosphere waits for follow up news regarding regulations or bans on cryptocurrencies from central banks and governments. The Crypto Spread Index remains stagnant, supporting this claim. We wish we could give you more insight, though our crystal ball remains murky at this point.
Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here !
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WABI $4-$5 range by 1st of FebruaryConsidering the surge of alt coins during the January period as noise (many newbies and weak hands) this is the trend of the Wabi.
Showing clearly a bullish pattern for the next 15 days and probably reaching a value of 0.00034 (the least) to 0.00040 (best case scenario).
It is a long term HODL and can be used also for trading (once it reach the upper side of the line SELL and if it is at the bottom BUY)
Good luck! Trade safely
XMR Market Cycles & 2018 Price Projection for MoneroWithin the 'Digital Currency' space there's often debate about "Use Cases & Real World Adoption".
Like it or not, the markets appetite for anonymity and private transactions has been fuelling this booming sector within the #CryptoEconomy and, as a whole, has also proven to be one of the most solid long-term investment in the space.
While there is a lot of competition in the world of "Privacy Coins", Monero has been able to position itself as a leader within this sector - many would argue "The Leader", which is why I consider XMR one of the very few "Blue Chip Tokens" currently in existence.
With that in mind (IMHO), overall growth for Crypto will by default result in money flowing towards Monero.
For more information about Monero go to:
getmonero.org
BTC - Short - MidBTC should be in its channel as I've had outlined for a few days now. I'm usually reluctant to post directly about BTC because I find Altcoins so much more intriguing. Nevertheless, I'm confident we should see some nice higher selling points in the near future--as long as we remain above the blue upward trend line until we test the upper channel limits. I will sell at ~5% above upper channel limit. The last time BTCUSD 7-day MA crossed the 30-day MA, we had an 18 day downtrend/sideways channel to work with. Expect great "Alt Weather" on the horizon if we stay lateral after testing the upper channel limit. If BTCUSD closes above the channel followed by a higher high, we should see what everyone was expecting--an increase to a new ATH for BTCUSD.
Cheers, and be smart about your trading,
-Jordan
SALT platform launched less than 2 hours ago, price goes upSALT's platform was launched less than 2 hours ago, since then it when up for almost 3$.
Could christmas signal a turning point for bitcoin?DISCLAIMER: this idea might be far fetched ;)
Hello everyone,
I have received multiple emails from different bitcoin wallets and exchanges outlining their christams order processing schedual due to the bank holidays. I think this, and the fact that more inexperienced traders are on the markets during christmas time (due to public holidays), could lead to strong volatility and maybe signal a change of direction for Bitcoin which would enable altcoins to grow rapidly. Also, bitcoin is already fairly overbought. I expect many people to want to cash in their profits from this year between christmas and new year, I know this idea is fairly baseless but none the less I have gone in to altcoins (also due to other reaseons of course). I believe that 2018 will be the year of altcoins!
Have a wonderful sunday!
Sven
I'm Dreaming of a Red ChristmasFor the past 2 years, the holiday season (not exactly Christmas day, but near to it) has offered rock-bottom prices for alts.
This chart shows 5 of the major alts (ones with enough volume and history to chart this far back) against BTC. If history repeats itself, and they come down to meet my green arrow, it should offer an OTE on a wide array of altcoins. However, the yellow, or red fib lines may be all we get due to the increased market activity this year. But the depression caused by most of the market being on holiday, needing money for presents, and simply not paying attention means it should offer good long entries across the board regardless of the surrounding circumstances.