Bancor | Time For Retrace? (Support Levels Mapped)Bancor (BNTBTC) went on a great run and it looks like it already peaked.
We shared a weekly chart with the long-term potential profits visible... But short-term (here we are looking at it daily), there can be a retrace which is normal after a bullish jump.
You will also find the most important support level marked on this chart.
This is just a friendly reminder...
BNTBTC printed a lower high.
A very long-wick pointing down on 28-May.
And the 2.618 Fib. extension level was hit, this is a strong level.
These signals are telling me that BNTBTC can go lower.
Note: Remember that the charts are always changing, every day a new candle is printed. What you see now can be different tomorrow and the signals can change, so make sure to have a strong plan before you trade.
Thanks a lot for your continued support.
Namaste.
Bittrex
Bancor (BNT) Long-Term | 330% In, 1360%+ PossibleBancor (BNTBTC) is having a massive run, we can see its value increase by over 330% in the past ~5 weeks... Can Bancor do more?
Here we are looking at the weekly timeframe, the long-term chart.
Remember last year when we would look at the daily (D) timeframe and see all pairs trading below EMA50, EMA10, and MA200?
If you look at most altcoins pairs, we have prices trading above these levels easily and many trading above EMA10/50/100/200 and even EMA300.
Any altcoins/cryptocurrency pair trading daily above these levels can be considered bullish (in general, more signals are needed to take any type of action).
No altcoin has been seen above EMA50 for a very long time on the weekly timeframe... Recently I published a few pairs that moved above and here we have a new one.
Now that BNTBTC is strongly trading above EMA50, additional growth can follow.
On the chart above, we are looking at 1360% or more potential growth if BNTBTC goes as high as it did in its last run.
What will happen now?
It is likely that this pair will continue to grow... The green and red arrows show the main bullish scenarios that can develop on this chart.
Did you enjoy this information?
Remember that you need your own plan/strategy before you decide to trade.
This is not financial advice.
Namaste.
APIX Grows 23895% Crazy Cryptocurrency/Altcoins Growth ConfirmedHere we have a classic example of the crazy/great/highly volatile action that can take place with the smaller altcoins within the cryptocurrency markets.
APIXBTC (APIX), which has been added recently to Bittrex, grew by as much as 23,895% since the February 2020 low.
Just in the last week, APIXBTC grew 1480%+... Let's have a look at what this altcoin does.
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About APIS
APIS provides and consults an intuitive Blockchain service.
We lower the entry boundary of Crypto-economy network and Apply Blockchain technology worldwide to build new future value.
" 0. Abstract
The APIS is building a “Masternode Platform” to acquaint a wider audience with the coined term “masternode” and allow them to enjoy the advantages and benefits of a
masternode. This paper is an overview of our approach to attaining this goal."
Source: Coinmarketcap.com, APIX Whitepaper
Website: apisplatform.io/
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Remember to hit LIKE!
Thanks a lot for your support.
Namaste.
TRON Goes For 375%, 760% Followed by 1030%+We are looking at the long-term chart for many altcoins, now we reached the TRON (TRXBTC) chart... This altcoin was one of the most hyped back in late 2017/early 2018... How much can it grow?
TRXBTC peaked in January 2018... It has been dropping since.
September last year, 2019, TRXBTC hit a new All-Time Low, it has been holding since.
Now prices broke above EMA10 and also broke a strong long-term down trendline.
If TRXBTC can conquer EMA50, the first 370%+ target is activated.
+More...
Above this level, 0.00000227, we look at the trend changing and the bulls gaining full control.
Namaste.
Are You Up For One (1) More? EOS Token on 10x Lev.We looked at Bitcoin Cash (BCHM20), Cardano (ADAM20) which is already paying big, Bitcoin (XBTUSD), Litecoin (LTCM20) and now we will be looking at EOS Token (EOSM20).
This set up isn't yet complete but an opportunity is developing here.
Prices are trading near "support".
If this support breaks more red and then jump.
If EOSM20 stays above support, the jump can happen right away.
We are active in this setup with 10X.
If you would like to see the full trade details make sure to hit LIKE.
If enough people are interested, we will share the buy-in, targets, stop-loss, and additional information at 111 likes.
Thanks a lot for your amazing and continued support.
Namaste.
Disclaimer: This is not financial advice.
Leveraged trading is high-risk and intended only for very advanced/experienced traders.
Feel free to leave a comment if you have any questions.
Namaste.
#CTXC/BTC (June 06)On June 03, CTXC pumped extremely high and there were a lot of traders stuck in this coin, so holding it would be quite risky.
However, we should try our luck with the buyzone of 1000-1100sts with the target of 1500sts
This is a risky trade, so be sure to be willing to stop losing if it falls off the 1000sts zone
Loopring Hits EMA300, Likely To Go HigherHere Loopring (LRCBTC) is facing resistance at EMA300 (the grey line at 0.00000564)... This is a "decision point".
If this level can be conquered, prices can jump straight up (green arrow).
But, if instead EMA300 is too strong, prices will retrace (red arrow) before jumping up (blue).
Overall, this is a strongly bullish scenario if you take into consideration the MACD, RSI, and the altcoins market as a whole.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Bluzelle (BLZ) Gains Momentum on High Volume (Next 120% Mapped)Bluzelle (BLZBTC) is moving above MA200 on really high volume... This one can continue to grow right away.
Anyways, in the chart here you have the next Fib. resistance level marked and the potential profits from the current price.
If prices drop below support, we go lower (red arrow).
This is not financial advice.
Namaste.
OST Short-Term Retrace MappedHere we have OSTBTC on the 4H timeframe.
Prices are moving higher but we are starting to see red.
Bearish divergence is now visible with both indicators (MACD and RSI) and the trading volume is going low.
The MA200 line is also starting to curve up, prices tend to gravitate towards this line.
We are likely to see a retrace followed by more growth.
Thanks a lot for your support.
Namaste.
Storm 1840% Potential, Grows Over 100% Since...Storm (STORMBTC) has been doing great numbers and has grown more than 100% since our last trade idea about it... That was just 4 days ago...
See it here:
With all this growth, is there anything left?
When we look at the weekly chart we can see lots of potentials still left available.
From the current price to the April 2018 price peak, we have over 1800% of potential growth... So much higher is possible if we consider a new ATH in future time.
The indicators are also bullish...
Enjoy the ride.
Enjoy the profits.
Thanks a lot for your support.
Namaste.
DAugur | Patience Pays Off (100%+)It took a while for DAugur (DREPBTC) to start moving, but as you can see from the chart above... Patience is key.
After more than 2 months of consolidation, DREPBTC has gained back all losses plus more.
See the previous chart below with (100%+):
Namaste.
Bitcoin WeeklyThe weekly (W) chart for Bitcoin (BTCUSD) 'technically' looks good...
We have prices trading above EMA10, EMA50, and all major EMAs we use, and there is also a bullish pattern but...
The week just got started and we had a strong rejection already...
The trading volume is still low and the $10,500 resistance remains active since October 2019.
There can be some strong retrace/correction this month... Bitcoin already went positive for 2.5 months.
It looks like it is the Altcoins time to shine and grow... or not?
See below!
Namaste.
Ren Protocol Starts To Retrace... Bullish AfterRen Protocol (RENBTC) peaked recently and prices are starting to retrace.
Now that EMA50 has been tested as support, we are likely to see a bounce before prices continue to drop.
After the retrace is complete... We expect another jump!
Namaste.
TRON vs Bitcoin | Chart Mapped With 60% Fib. TargetHere I've mapped the TRON vs Bitcoin (TRXBTC) chart.
On the chart above you can find the main support level marked with orange.
Above this level, we are strongly bullish (above 0.00000170).
Below this level, we turn bearish (below 0.00000152).
The general view is now bullish with the MACD going above zero and prices trading above EMA50.
After a little more "back and forth"... TRX can print a big jump.
Thanks a lot for your support.
Namaste.
Tezos (XTZ) vs TetherUS (USDT)For Tezos (XTZBTC) we also have a lower high as we saw with MATICUSDT... Prices can continue to drop.
Yesterday's candle is also sending out a strong reversal signal that favors the bears (down/red), here is a close up:
Trading volume is also higher on the red side the past day... There can be more drop.
Namaste.
MATIC Network (MATIC) vs TetherUS (USDT)MATIC Network (MATICUSDT) is trading within an ascending channel... But the chart isn't bullish.
We have a lower high (orange box) last month compared to March, this can be a peak.
We have a break below EMA10 while the indicators are trending down.
Prices can continue to drop here.
This is not financial advice.
You need your own research and strategy before you trade.
Thanks a lot for your continued support.
Namaste.
Fantom (FTM) Next 70% Target MappedFantom (FTMBTC) is now consolidating above EMA50, we got this one from its lows.
The next target will be hit around 93 satoshis (0.00000093), that's what I can see coming from this chart.
Prices can go higher on a 'wick' and hit up to 0.00000107.
Conditions for change
The overall sentiment is bullish and prices are starting to gain a foothold above EMA10 and EMA50, but charts are always changing...
If FTMBTC moves and closes below 48 satoshis, it enters back the consolidation box in orange, below this level we go bearish.
Anything trading above the last low and we remain bullish on this pair.
This is not financial advice.
Thanks a lot for reading.
Namaste.
Bitcoin | RED MONDAY (Support & Resistance)We are of the same view here with Bitcoin (XBTUSD) printing a lower high and now closing below EMA10... Prices can drop lower.
The immediate support is sitting at $9333 or EMA50, this is the next level to look at if Bitcoin moves lower.
Followed by $9174 or MA200.
Additional support levels are marked with blue dashed lines.
The immediate resistance is now at $9750 or the last high.
"Strong resistance" is found right above it in the $10,000 - $10,500 price range.
We go bullish above this level (10/10.5k), bearish below.
We are looking bearish on Bitcoin right now.
Namaste.
Straight Up | Stellar (XLM) Signals Up!We looked at Stellar (XLMBTC) and the signals continue to be 100% bullish.
As of now, everything is pointing up.
The MACD is curving up strong.
The RSI is also strong and going higher.
Today we have a very strong green/bullish candle.
Trading volume starting to increase.
Prices remain trading above EMA10 and MA200.
All these are bullish signals.
This is not financial advice.
Namaste.
DOCK | Ultimately Bullish (170% Mapped)For DOCK (DOCKBTC), I am seeing a jump followed by a retrace and then more up... But with or without a retrace I believe this one will be bullish all the way.
We have increasing volume as prices secure EMA100 and EMA50 as support...
And also pricing moving higher and trending up.
Most of the altcoins are starting to print bullish charts or continue to grow... Patience in this phase is also key...
Think long-term.
Stay positive.
Make sure to follow your plan...
Thanks a lot for your support.
Namaste.
DEAPcoin (DEP) Project OverviewAbout DEAPcoin
The DEA Project is a blockchain-based multimedia digital entertainment platform featuring digital arts, games, and various other forms of entertainment. Their utility token, DEAPcoin was minted on 29/08/2019. Headquartered in Singapore, most of the team members are Japanese, The platform aims to protect copyrights of individual artworks by creating digital art assets that can be used in gaming. The company launched the platform "PlayMining," where users can play games and earn points that can be converted and used in real life.
Source: Coinmarketcap.com
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The chart is new but prices are trading near ATH.
A lower high is also present... More low is possible at this time.
Namaste.
This is not financial advice.