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Altcoinsvsbtc

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!
ELong
by 162Trading
2
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 ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITSTAMP:BTCUSDLong
by quantguy
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
XLong
by MasterOfCoinage
3
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
BITFINEX:BTCUSD
by jhindman989
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
by SvenBruening
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.
by kristarling
8
[POSSIBLE +100%-2000% LONG] DGBBTCHere's that jewel that most of us look for, it's still a 50/50 trade in my perspective, there's no clear confirmation but we see a clear decrease of the downtrend force, all the indicators are showing a slow reversion, smaller time frames are used to time the bottom it looks good. The crucial here is the price staying above 120 for the next hours if so that means that probably that's a good bottom and a good confirmation, judging the enormous upside (+2000% until the last fib level) it is something that i would accumulate if price holds. Fundamentals are ambiguous, the team failed several times delivering on conferences that's why the constant drops, but the coin/tech itself is good. It's a technical purchase mostly, people realizing it is just too cheap. Sell targets are all fib levels, sell at your own taste ;)
Long
by spectertrading
7
ETHBTC: Breaking down...The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive catalyst for a short squeeze in everything against $BTC. If I'm right, $ETHBTC -and everything */BTC- will melt down, and $BTCUSD could reach heights between 6300 and 9700 quickly, leading to an spectacular blow off top by Nov. 18th, as people return to exchanges to drop thier B2X and chaos breaks loose, with not 1, but 3 BTC forks in existence competing for the top dog spot. Miners will be severely divided by then, and I think the outcome could have disastrous consequences in the short and intermediate term, but, after the bear market ends, we might resume the uptrends in these instruments. Best of luck if shorting here, keep a tight stop and let it cruise. At least, swap alts for $BTC and wait for $BTC top if long crypto. Cheers, Ivan Labrie.
Short
by IvanLabrie
41