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Blocknet (BLOCK) Before The Action (257% Profits Potential)I am looking into Blocknet (BLOCK) charts now and it is very close to the bottom, some good signals that are yet to fully develop, with an announcement coming in a few days as well. So we have signals on both sides, technical and fundamental and we have the opportunity to join Before The Action starts... Let's take a quick look... Blocknet (BLOCKBTC) Trade by Alan Masters FUNDAMENTALS (THE NEWS) - Blocknet (BLOCK) - Partnership Announcement (30 April). - Blocknet (BLOCK) - Wallet Redesign Launch (Obvious hype on 15-June). - Blocknet (BLOCK) - SPV Support (1-June). CHARTS, SIGNALS & INDICATORS - There is strong positive divergence on the MACD. - The RSI is turning bullish, yet allows for plenty of room for growth. - The chart shows that this coin is really strong, it was trending high throughout the whole bear market and felt recently with much accumulation going on. - The STOCH is also starting to wake up. - The weekly chart supports a push that can happen relatively soon (within a few weeks). I love how this chart looks. - These signals still need more time to develop, so we will use a tight stop loss just in case. The announcement on the 30th April might give this coin the push it needs to start its next bull run, in the meantime, we have a great potential here. TRADE INSTRUCTIONS Buy-in: 0.0020 - 0.0023 Blocknet (BLOCK) Targets: (1) 0.00253 (2) 0.00302 (3) 0.00379 (4) 0.00435 (5) 0.00505 (6) 0.00583 LONG (1) 0.00684 (2) 0.00750 (All Time High) (3) 0.00880 (4) 0.00969 Note: Targets are for reference only. Not all targets are meant to be reached. You can sell as much as you want on each target. Feel free to visit the "Selling The Targets" article for additional information. Another note: A target is considered "reached" if we come as close as 5% to the actual target price. Meaning, these numbers are not meant to be exact but instead a reference point as to where we might face resistance on the way up. Stop loss: 0.00175 QUICK SUGGESTIONS - When trading cryptocurrencies, always make sure to diversify, which means splitting your money into different trades / coins. - Make sure to secure profits as the price of the coins you bought starts to go up. You can sell small portions of your holdings as the price increases. For example, you can sell 5% on the first target. 10% on the second target. 40% on the fifth target, etc. It is completely up to you, but it is a good idea to always secure some profits. - Read carefully all the trade instructions before jumping into a trade. Take your time, breath... There will always be many opportunities available for you. So if you miss a trade, remain calmed and relax as another one will come. - Be grateful for everything that live has given you... - Namaste.
Long
by MasterAnanda
45
BlockNet Still Struggling BlockNet continues to produce lower lows and lower highs with a clear downtrend in place. The most recent rejection of the $24 resistance, that is 23.6% Fibonacci retracement level, confirms bearish intentions of the BLOCK/USD. While the resistance is holding price might drop below the previously established low at $13.75, aiming for the $10 psychological support, which is 88.6% Fibonacci retracement level. However, if price stays above $13.75 and will break the $24 resistance, there are good chances that BlockNet will reach $50 target. But obviously its far too early to talk about the uptrend at this stage.
BShort
by CryptoPAMM
BlockNet 200% Growth PotentialFrom September up until December 2017, BlockNet has been ranging between $36 and $13, but in January 2018 price broke the range moving above the previous resistance at $36. BLOCK/USD reached the high at $56.  The following corrective move down resulted in price going back to $20 where it rejected the 88.6% Fibonacci retracement level as well s the 8/1 Gann Fan trendline suggesting that the correction has ended.  Currently, BlockNet is trading at the previous support near 36$, which now is acting a support. This could seem a good entry point for BlockNet investors, from where the price is likely to continue moving highre. Price could grow as much as 200% from the current price reaching $100 psychological resistance confirmed by 227.2% Fibonacci retracement and 361.8% Fibonacci channel lines. At the same time break above the channel could be the safer way to trade BlockNet, but it seems that the buying opportunity is already offered.
BLong
by CryptoPAMM
XRP/BTC - UAE Central Bank Block Chain Partnership Announcement I am slightly shocked that there are very few charts dealing the latest announcement with Saudi Arabia's Central Bank signing a partnership deal within the last 24 hours. This is a MASSIVE bull FLAG as an early indicator; especially given XRP's prevalence of professionalism and partnership with major global banks. This is huge in my opinion. My chart may not be reflective of actual movement, as it can be so difficult to ascertain future price movement when such big news comes into play. For this reason, I am coming from a more fundamentalist point of view, with a few technical indicator and techniques used to add validity however; i expect a mammoth spike in price, with a HUGE bull run, and incredibly hard to predict, I feel at this moment; historical candle trending combined with levels of support, resistance and fib levels, amalgamated with fundamentals, is the best way forward for now to get a handle and prediction on anticipated valuation on what WILL be a significant price break out. The last pennant highlighted in red continued on to a bearish trend however; the current trend, is staying within the larger pennant with the exception of a few candles leading astray out of the pennant, only to quickly return. Again, there a signals EVERY where. Do not MISS this/
Long
by cryptodisciples
BlockNet VS Bitcoin Inverted Head And ShouldersBlocknet has been moving downwards for over three months, after reaching btc 0.007 high in August 2017. Price declined down to btc 0.001, resulting in 85% loss to the Bitcoin. Since December BLOCK/BTC has been recovering and went up as high as btc 0.005, while breaking above the 200 Moving Average. The MA has been acted as a support that clearly was respected by the market. After the last rejection of the Moving Average, BlockNet broke above the neckline trendline of the Head And Shoulders pattern, suggesting the continuation of the uptrend towards previous highs. The resistance area is between btc 0.0065 and 0.0075 which is expected to be reached in the short to medium term.  On the downside, the support area is based between btc 0.0028 and 0.0024, where only daily break and close below could invalidate bullish outlook.
Long
by CryptoPAMM
Blocknet bullflag - rough target +25%looks like BLOCK/BTC has formed a large bullish flag continuation pattern. target price is a rough estimation and is labeled on the chart. could go higher than that, could also not go higher than that. if it follows this pattern I've outlined but doesn't make a new all-time high, then this could signal a double-top reversal. fundamentals on this coin are very strong - AFAIK it's a decentralized exchange coin that has had a working test product for a while now. trade at your own risk.
Long
by team_USA
2