Cryptotraderspro
XVC-BTC on the Daily Chart - Interesting SetupAfter the XVC-Runs, the Chart shows us a bearish flag...BUT it seems that theres a possible reversal nearly in front of us
We are already above the Bottom again. If we break through the first bearish flag lvl, we could see a short sprint to the resistance / bullish confirmation line.
Our Goal is to get this confirmation. As i always say, let the market confirm himself - so wait till the next candle after the first which breakthrough this line, confirms the Direction.
Optimal Entry-Zone:
Attention: If we enter the Market now, our Risk & Reward Ratio is already too high, so lets wait till the Market spoke out his decision
If we can enter in the Area, i've wrote - let's go and place your stop/loss as i've wrote
Target1:0.00008643
max. possible Target with High Risk: 0.00011802
Hint:
If we breakdown through the bearish flag level, we will go straight forward to the last lower bottom. This could be the next best Entry but dont forget the Trading-Volumeand dont forget to make your decision safe.
Good Luck to us in this interesting Setup over here
Regards
XVG-BTC with a probable clear SetupVerge could give us some good Gains if this Setup will remain
Its a clear picture and actually everything seems like a clear guide to go "long" on Verge ... but be careful like everytime in our cryptospace - who knows anything...
Here are my Entrys & Targets for this Setup:
confirmed Entry: min. 0,00000098
(Price: 0.00000096 + 3% (for confirmation))
Wait till the actual candle closed to check if confirmed or not
Target 1:
Price: 0.00000116
Profit: 19,37%
Target 2:
Price: 0.00000133
Profit: 35.69 %
Lets see what happens to this "clear" picture. It will be exciting.
Good luck to us
Regards
STRAT-BTC - probable Road to Bottom on DailyAs we can see, Stratis looks undecided. Unfortanely, there are strong Signals for a probable bearish Prediction.
If we breakdown through the support, the Ground could be near really fast
Indicator-Resume:
1. RSI is falling and loosing Strength
2. OBV is falling and loosing Volume
3. EMA(hidden) is above Stratis
I will stay away from Stratis and concentrate on clearer pictures.
You'll get an update, as soon i have clearer pictures
Wish us all the best
Regards
Bitcoin is growing fastWe are already after the Bitcoin fork, as a result of which the new cryptocurrency has been created - Bitcoing Gold. Its current price is 135 $ and over the past 24 hours it has grown by almost 23%. The Bitcoin rates after reaching our assumed TP at 6200 $ went into correction phase. We see that the current correction probably ended its decline after achieving the same range as the previous correction (blue rectangles).
Today, the capitalization of the entire cryptocurrency market is over 173 billion USD, with Bitcoin's dominance at 56%. The top ten in 24 hours is growing. Interestingly, Bitcoin Cash, like Bitcoin Gold, is growing at over 21.5%.
Going back to BTC, we are in the middle of the range of correction and its price fluctuates in the area of 5800 USD. Going to the 30 minute interval, you can see that after a growth impulse from the assumed end of downward correction (5400 USD), the price has drawn a correction in a form of a flag. The range of this formation gives us another level where the price should reach within a few days - 6350 USD.
Below scenario to join the growths - buy after breaking the 6200 USD resistance and its test. As you can see during the writing of the analysis, the price has moved upward on a large volume, which gives us confirmation of the direction of growth. In the last analysis we reported one of our long positions. At the moment, it is still in the game, but we have moved our SL from BEP to 5400 USD.
LISK - altcoins up after forkThis week on our tradingview.com profile, we have been reporting an increase on the LSKUSD pair. Triple-tested support at 4.488 led the price up. We had a very strong breakout of 5.45 resistance. If the price will test it from the top, it'll be possible to look for a moment to join the growths.
Bitcoin after the fork loses nearly 2.5% in favor of alts. There are clear increases on most altcoins. Lisk is growing almost 23% today. Above scenario for upcoming hours.
Ethereum stable after the forkEthereum rates before the Byzantium fork were moving in consolidation. We showed its range in the last analysis. Later the price hit the top and reached the first TP, then completed the purchase scenario testing the upper range of consolidation and re-reached the first expected TP. It was around 350 USD.
As we see the price has returned to the scope of consolidation. It seemed that after a major resistance at 315 USD, the price would rise. But that did not happen.
Scenarios are therefore still valid as in the last analysis. We added only another level of support that could be an important place to reverse the downtrend, it's the level of 250 USD.
QTUM Breakout & Ascending Triangle - TO THE MOON!QTUM breaking the overall downtrend after an inverse head and shoulders. Now showing ascending triangle.
Rumor is that QTUM will enable atomic swap within the next week.
Also, QTUM is right on path with their dev roadmap.
Keep a close eye on this one guys!