Cardano VS Ethereum, How Far UP?Cardano has bottomed out at ETH 0.00026 forming a bullish divergence on the RSI oscillator. Price then started to move up, breaking above the downtrend trendline and the 50 Moving Average, suggesting the continuation of a long-term uptrend.
Considering the statistics of cryptocurrencies rising in x10 encasement, the nearest upside target of ADA/ETH is seen at ETH 0.0028, that is just over 10 times the price of the recent bottom, which was ETH 0.00026. Also, the target level corresponds to the 261.8% Fibonacci retracement level.
The x10 growth is expected during the currently starting wave up and should be the very first upside target. Break above it could send the price much higher, but it yet to be seen if the resistance will be rejected or not.
Buy-signal
LBRY Credits Chance Of ReversalLBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline.
The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.
SALTBTC combination of positive factorsWe gave the signal yesterday, combination of positive indicators status and bullish patterns started an impulse growth which brought the price to our 3rd target, there is one more impulse left be ready to fix profit. We will provide you with profit report later.
Ark Starting To Look StrongArk has found the bottom at $1.77. That is 127.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. The support has been rejected cleanly, and the bullish divergence was formed on the RSI oscillator. The following wave up resulted in break above the downtrend trendline which could be the trigger for the strong move upwards.
The strong resistance is seen at 50% Fibonacci retracement level that is $6.7, and a potential 150% rise from the current price. Break and close above the resistance should confirm strong uptrend, while rejection could result in a consolidation or a correction down.
On a downside, break and close below the $1.7 support should extend the consolidation and could send price lower.
BitBay VS Bitcoin Upcoming WaveBitBay has found the support at 464 satoshis, that is 127.2% Fibonacci applied to the corrective wave up after the 820 satoshi support breakout. The Fibonacci support has been rejected cleanly followed by a strong wave upwards.
The correction down followed along with the consolidation, where BAY/BTC has been trading around 500 satoshis nearly two weeks. But now volume in increasing once again and BitBay could be ready to go up.
The strong resistance is obviously at 820 satoshis and this could be the very fist upside target. Break and close above it should confirm long term uptrend.
Ubiq Coin Approaching Strong Psychological SupportUbiq Coin currently trading at $1.32 and continues to reject the downtrend trendline. The downtrend remains valid, although UBQ/USD has formed a bullish divergence on the RSI oscillator suggesting that the correctional move upwards could be on its' way.
In order for the price to start rising the $1.6 minor resistance must be broken with a daily close above it. When/if that happens Ubiq is likely to move upwards towards one of the Fibonacci resistance levels, either $2 or $2.2, that is 38.2% and 50% Fibonacci levels.
If it continues trading below $1.6 resistance price could drop down further, to test strong physiological support level, which is $1. Rejection of that level should result in a corrective wave upwards, while break below is likely to result in more consolidation.
Aelf VS Bitcoin - When Will Grow?Aelf has reached an all-time high against the Bitcoin on the 25th of January, hitting 22k satoshis. Since then price corrected down strongly and Aelf lost 74% to Bitcoin, while it found th elow at 5600 satoshis.
The RSI oscillator has formed a bullish divergence suggesting the either a corrective wave up or a potential reversal to the upside. However, currently there is strong resistance at 9k satoshis that ELF/BTC must overcome, yet it continues to reject it.
If Aelf will continue trading above the previously established low and breaks above the 9k satoshi resistance it could provide further upside momentum, sending price higher. Next resistance is seen at 38.2% Fibs, near 12k satoshis, and then 50% Fibs near 14k satoshis. Daily break and close above 14k should confirm the long-term uptrend.
On a downside, ELF/BTC will continue trading below the current resistance, further decline is possible, and price could go back down to 5.6k satoshis or even slightly lower.
LSK Buy opportunity - possible reversalNice Fib retracement after last bull run. Looking for entry points between 0.00117 and 0.00115. If it goes below, we will not make a higher high which isn't good.
RSI looking good, and BB also close to the lower band.
Waiting for reversal confirmation for a possible 10%-20% gain!
Bitcoin- TRUE WITHOUT WISHES AND EMOTIONS!!!Bitcoin is not strong for up trend and it is reason why go down and everybody see it. Without bad news, BTC go down. If will come any bad news we really can go for 6000k without problems.
Stay in TETHER isn't BITCOIN time yet.
Everybody know BUY ZONE - 7 000$
BUY ZONE - 6 000$ - 6 200$
If you agree follow me and have a nice day.
Monaco Coin Could Grow x3Monaco coin has been range trading for an extended period of time and has established a very strong support at $5 area. Price has bounced off that support for at least three times now, with the most recent bounce occurred on the 6th of February.
After rejecting the support price went up and broke the descending channel as well as the 2/1 Gann FAn trendline. The correction down followed, where the upper trendline of the descending channel was rejected. And today MCO/USD went down again, but this time back to the 2/1 Gann Fan. This could be an interesting entry point for buyers, from the technical perspective, not to mention that on 1h chart price is right at the 200 Moving Average.
While Monaco continues to trade above $5 support, the price should be going upwards towards the resistance at $25, that is over 3 times growth from the current price, that is $7.5.
NTGUSD / H1 : Agressive BUY entry signalHope this idea will inspire some of you !
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Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
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Get Some ICON Before It's Too LateAfter hitting an all-time high at 9194 satoshis, ICON corrected down to 2590 satoshis, where it found the support represented by 76.4% Fibonacci retracement level. The support has been rejected cleanly followed by the downtrend trendline breakout.
Current price action suggests the potential reversal and a very beginning of a long-term uptrend. The ICON project is very big and holds great potential fundamentally.
From current price onwards it would be reasonable to expect strong growth, where the very first target is seen at 11k satoshi. Break above that resistance could send ICX/BTC much more higher resulting in at least 10-time growth from the current price.
Incent Approaching Key ResistanceSince Incent reached the bottom at $1.6 price has been rising consistently and already went up by 110%, while currently trading at $0.34. During the rise, INCNT/USD formed Head And Shoulders pattern and broke above the neckline trendline, followed by the break above the 200 Moving Average.
Clearly, the short-term trend is upwards and Incent is yet to test the key resistance at $0.38. This is the 23.6% Fibonacci retracement level applied through the all-time high. When/if it will be reached the Head and Shoulders pattern will be completed.
The most important will be the reaction of the market after the target is reached. Break above should confirm the long-term growth while rejection could result in a corrective move down.
Support Channel Opportunity for Buying USDCHFTrading View on #USDCHF on 14th March 2018
Buying Dip on USDCHF after the CPI data and Trump Whitehouse Turnover.
If price closed below 0.9420 will look to exit the buy trade.
Entry Price : 0.9430
SL: 0.9410
TP1: 0.9455
TP2: 0.9480
Trade sytem: Range
Trade Management
Breakeven : 20 points
Trailing: 20 points
#USDCHF #BUY #SIGNAL
QuantumStamp VS Bitcoin Upcoming ReversalQuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis.
At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI oscillator formed a bullish divergence, followed by the break above the downtrend trendline.
Such price action suggests the end of correction and potential continuation of a long-term uptrend.
GroestlCoin Mid-Term ScenariosGroestlcoin has been corrected down for 47 days since it reached the $2.75 high on 21st of December 2017. Correction resulted in a 85% decline while reaching $0.4 support area.
GRS/USD nearly tested the 88.6% Fibonacci retracement, however, the support hasn't been touched, and while RSI formed a bullish divergence price started to move higher. The downtrend trendline has been broken and on a correctional move down 4/1 Gann Fan has been rejected, forming the local support at $0.54.
GRS Coin should continue moving higher towards either $1, that is technical as well as psychological level and should be treated as a key resistance. Break above could push price further towards $1.5 area. If $1-1.5 will be rejected it is possible that price will correct down again, but this time to test 88.6% support at $0.37.
Florincoin Is Expected To Double In ValueFlorincoin has corrected down massively since reaching the $0.4 high. Price went south as much as 85%, hitting the $0.06 low. FLO/USD broke below the 88.6% Fibonacci retracement level as well as the uptrend trendline. Nevertheless, price recovered very fast and went up to $0.0135 breaking above the descending channel.
Current correctional wave down was stopped by 88.6% Fibs at $0.087, which this time is being rejected, together with the uptrend trendline. While the consolidation could continue, Frorincoin should produce a wave up at some point, if the support will be respected.
The first upside target is at $0.18, and the second is $0.22, that is 100% growth potential from the current price.
Elastic Waiting TimeElastic has been trading downwards for over a month now, losing 85% to the USD. Price declined from $1.23 down to $0.17 where bullish divergence was formed by the RSI oscillator.
Then XEL/USD broke the downtrend trendline, however, failed to produce a higher high and has been consolidating for two weeks. Recently the RSI showed that the price of Elastic is oversold, but at the same time, it failed to break above the downtrend trendline formed during the consolidation.
At this point for Elastic to move higher, a break and close above $0.3 is required, unless that happens price could decline back to $0.17 or even lower prior to the trend reversal.
Syscoin VS Bitcoin Confirming The UptrendSyscoin has been one of the strongest coins during the last few months correctional phase. While most coins have been losing to the Bitcoin, Syscon held its' value while the price was ranging between 5k and 7k satoshi.
SYS/BTC continues trading above the 200 Moving Average and managed to break above the downtrend trendline. During the past few days, it has been rejecting the 38.2% Fibonacci support, where the downtrend trendline acted as the support and has been rejected as well.
This could be the confirmation of the continuation of the uptrend sending Syscoin much higher from the current price. Although there are few strong resistance levels to overcome. First two are 8.2k and 10.2k satoshi levels where previously resistance was established. If they are broken next target would be 127.2% Fibonacci retracement level at 12.6k satoshi. Break above the final resistance will prove the long-term strength of Syscoin, which is a very likely scenario.
Clams VS Bitcoin - Uptrend - The BeginningFollowing the previous idea on Clams , it has broken above the resistance, signaling about the potential beginning of the uptrend. At the same time CLAM/BTC broke above the descending channel and the 200 Moving Average.
Clearly, ClamCoin showing strong sights of strength against the Bitcoin and should start moving higher. The very strong resistance is seen at 144k satoshi, where 50% Fibonacci retracement is. At this resistance area, there is also a 3/1 Gann Fan trendline and the upper trendline of the extended descending channel.
Overall, the bullish trend is likely to accelerate to target 144k satoshi resistance area and break above could establish a long-term trend upwards. Only break below the 38k satoshi support could invalidate bullish outlook.