Bitcoin is still neutral#BTC 1d
On a 1-day scale, still in the neutral zone to choose a further direction. After a strong fall, the chart shows a reversal candle, after which the market received an impulsive upward break. Now we have rolled back after him, which is quite natural and a similar scenario was considered in past posts. The upper tail of the reversal candle and the lower correctional one form an important level around 3940, which is a dense support and in case of a breakdown below we can get a more bearish market and a continuation of the downward trend. In general, Bitcoin continues to show bullish sentiment and tends to resistance higher, in the case of overcoming which, we will get a further wave of growth. To decide to open a long or short, you need to do after the price leaves the neutral range.
Cryptowolfsignals
#BTC despite being positive, stay careful#BTC
Bitcoin may remain bullish until it has fallen below support for 4075, now we are trying to overcome the resistance voiced earlier and if the bulls have enough strength, then we can get the formation of movement closer to the range of 4600-4700. In case of leaving below, the main thing is to stay in the ascending channel, or at least not to go below the tight support of 3940.
If before the start of the new week the price does not demonstrate any positive impulses, then it is probably better to consider entering Fiat for some time.
Bitcoin is still bullish but needs correction#BTC
The price confidently follows the scenario published earlier. At the moment, we are seeing good growth and the prospect of further upward movement. It is quite reasonable to expect a price of around 5000 and maybe 6000 in the near future. But there is some overbought and the market needs a small correction, after which it can move even more confidently. Support looks tight, in the case of a decline of about 4000, it should hold the pressure of the market.
Bitcoin at an important milestone for determining further direct#BTC
The market looks good, bitcoin is in a rather bullish condition. We have successfully overcome the resistance of the first downtrend and are faced with the second. Now you can see that the area around 4,100 is an important milestone for determining the future course of the price movement: fixation will continue the bullish scenario and uptrend, but if we fail to break through it, we will roll back to 3700. In any case, the market is very bullish and we either immediately go up, or roll back and go up. Support for 3700 looks tight and looks like a “double bottom”, which reduces the chances of getting lower. Now the market looks positive, we are waiting for consolidation above 4100 and we will watch the movement to the following resistances.
Still no clear buy or sell signal though#BTC
The current level looks like a formed support, but we have come up against the resistance of a downtrend and if the price fails to break through it, then there is a greater likelihood of going a step lower. If we overcome this resistance, then the next important area will be around the 4200-4300 range, which needs to be broken to return to higher levels. At the moment the market is still not defined, be careful!
Bitcoin needs a correction of dump#BTC
For the first time in such a long time on a 1-week scale, the price has come close to the EMA200, the market has never been fixed lower, this can be a good support. At present, globally unchanged: the asset is too oversold and needs correction for this fall, waiting for a rebound. But then another wave of decline may follow.
NULS in the case of a global positive will bring a good result.#NULS 1d
In the event of a positive global market, NULS can demonstrate a good result for long-term investments. The asset has made a long correction path and is now testing a possible "bottom". Correctional rollback was -82%, which is more than enough; a downward wedge has also been formed, the breakdown of the upper face of which, as a rule, leads to subsequent growth; long-term MACD looks good and indicates the possibility of further growth; The Stoch RSI is very bullish, and the RSI is extremely oversold and ready to bounce. In the case of a positive on the global market, one of the scenarios might look like this: the price will jump up and break the upper edge of the wedge, after which there will be a regular rollback with testing this edge already as a support and if it withstands the pressure, you can expect further growth if the edge (already in the role of support after the breakdown) does not hold the price, then we will follow to the lower edge, in the case of the breakdown of which (and the support area around 0.00010000), the NULS can continue to follow the downward trend, canceling the positive scenario. Be careful, follow the active and consider all possible market behavior.
Bitcoin condition after a strong fall#BTC
As you can see, the support is very dense: we have reached the resistance of Fib 0.786, which is near the level of 4400 and as a rule is a reversal level (but often before the increase itself, the price tends to fall below). We also have an extreme proximity to the long-term uptrend line, which also complicates the ability to lower the price below. On a 4-hour scale, there is a good momentum, which is moving to a larger scale, and the indicators are becoming more bullish. Perhaps we have reached the "bottom" at this stage, because the market is in need of correction of such a fall. Now we need to see how Bitcoin is fixed above the support of the day at 4575 in order for the bulls to take more control over the market. The situation is not stable, but in small timeframes, the movement overcomes the resistance of the downward trend and tries to move higher. We recommend to observe the scale of 4 hours, if we keep the current area, we can count on the closest positive, but a step down can provoke a campaign to 4000, which are below the resistance of 0.786 and below the long-term uptrend, which is very bad.
We recommend to look at the project BLOCKv#VEE
BLOCKv is based on the Ethereum blockchain and develops in the field of digital objects. The main focus of the development is on the creation and management of digital assets, content licensing and the transfer of such mechanisms on the blockchain basis. Every day we use the objects of the digital world, such as: photos, videos, various advertising banners and social platforms. Their value is currently not appreciated, and property rights, as a rule, are extremely small. Using the blockchain, the BlockV platform creates an environment where digital objects become truly accessible, acquire value, and can be a market and liquid product. In addition, it is worth noting the wave of the development of virtual and augmented reality - another new step in the development of Internet technologies. The introduction of blockchain technologies into virtual reality will give users the possession of digital objects and things that exist exclusively in the virtual space. The BlockV project will be a pioneer in this industry. Further penetration into the traditional society of blockchain technologies is a matter of a short time, and the more clear and accessible to ordinary people products will be offered by companies creating their projects on the blockchain, the faster this process will be completed. BlockV is essentially an ecosystem of virtual things on the blockchain.
Investing in such an asset for good should be considered for a period of 5 years, but in the next year one can see the possibility of making a profit from open deals from current levels. While we are above the established support (about 0.00000129), the asset has good chances to build an upward movement. MACD has been bullish since the end of the month of May, and RSI since the beginning of March, while the cost of VEE has fallen. Such a divergence is a good sign and may indicate upcoming growth. We highly recommend to pay attention to this project, such ideas - the future that has already come.
LBC excellent price range for long-term investment#LBC
At the moment, there is a minimum price range for this market, as you can see, the absolute minimum has recently been reached. In the long term, a rise in MACD is seen, at a time when the price was falling. Such a divergence gives the market a good chance to make a rebound and step significantly higher. The RSI periodically was in the oversold zone, but now takes on a bullish character and can move higher. In general, for long-term investments LBRY Credits demonstrates an excellent opportunity to open transactions in the range of 630-740, but if the price goes below this will be a bad sign for the further development of this asset. While we are above the minimum support the market has good chances to bring profit.
Bitcoin is increasingly clamped#BTC 1d
More and more clamped in the corner of the triangle, as you can see the resistance of the downward trend could not be overcome. The formation of yesterday's red candle may indicate the market’s desire to go to the lower edge of the triangle, besides, overbought in Stoch RSI is visible, but the upward character of RSI and MACD leaves a chance to break the resistance of the trend and head to the area around 6800. In any case, while we are above the lower bound of the pattern, it is worth considering a positive scenario for this market, but as of now there may be a slight decrease in the short term.
Golem is a promising project with good prospectsIt is very likely that we are starting to follow the uptrend, and the breakdown of the nearest local resistances can be very impulsive, but with a subsequent regular rollback. MACD is in a bullish range, which indicates a greater likelihood of continued upward movement. The RSI looks strong and may become increasingly bullish.
NULS look good#NULS 1d
Good levels to consider long-term investment opportunities. The current price range corresponds to the resistance of 2017, but at the moment it is a strong support. As you can see, the market fell for a long time, following a downtrend and forming a falling wedge, but approaching support levels went sideways. Stoch RSI looks good and shows a bullish mood, RSI and MACD have been following an uptrend for a long time, which is a good sign for the future movement of this market. We recommend to pay attention to the Nuls, the coin can bring about + 100% profit in the long term.
DASH good correction and strong support#DASH 1w
On the scale of one week, we see that this market, relative to its global growth wave, has made a more than full-fledged correctional rollback. The cost fell to -91% of its peak value, where a new dense support area was found. At the moment we are still in this zone, most likely we will have a sideways movement for some time, and if support will keep the market pressure, then the bullish state of indicators of some large scales indicate a good opportunity to step higher. Dash is one of the top 10 altcoins, the growth of which often arose regardless of the movement of the global market, a very strong project with serious developments. If we consider long-term trading, the choice of this asset will be quite obvious and correct decision, since the formation of a new market cycle begins now, and the end result can bring a huge profit.
Ethereum long top#ETH
Regarding Bitcoin on a large scale, we are witnessing a protracted corrective decline in the global growth wave of December 2017 - January 2018. At the moment, we have already received more than enough rollback and form support. A one-week chart shows the protracted RSI and Stoch RSI in the oversold areas, from which we are now trying to get up. It is worth noting that the market has been in oversold since July. At the moment, an increase in volume is observed, and the price arrangement is comparable to the price level in December 2017, from where impulsive growth occurred. If this area continues to support the market, then Ethereum has good chances to go up to the previous levels. This is a long-term view, the formation of the upward movement may take the whole of the next year.
NANO shows bullish signs#NANO 1d
Found support in August and was able to rebound impulsively after a global corrective decline. After a rebound, it also forms a corrective pullback, but already now it is starting to demonstrate the prerequisites for another growth. From the current level (3200) and up to the support of 2600, we can gain volume for another impulse. NANO has obvious bullish signs, but trading may take some time, it is likely that by the end of next month the market will be able to test one of the closest resistances shown on the chart. And in the short term, we have good chances to rebound from the level of 3200 and touch resistances of 3300, 3400, 3500, 3600 and 3700
Possible scenarios Mainframe (MFT)#MFT
Mainframe demonstrates support and resistance within which further fluctuations of this market can be concentrated.
NCASH good chances for more global growth in the future#NCASH
For a long time, it followed a downward trend, but found its support within the level of 69. In the long term, the chart demonstrates the possibility of building a new cycle of price movement in which growth will prevail. The breakdown of the formed resistance of the triangular pattern, with a high probability, can push the market to higher levels, but not without a regular correction, after which one can already count on a more large-scale growth. Most indicators are very bullish, divergences are visible; Upcoming events and technical changes in the project create a rather positive background around the coin. Thus, Nucleus Vision is another asset that can be considered for longer-term investments. Note: never open a trade at the peak of growth, wait for optimal levels, there is always a place for corrective pullback. There are also false breakouts up or down (bullish or bearish traps), when we break down, we get a good opportunity to open a long trade.
BCC can make new waves of growth#BCC
Bitcoin Cash has a good price range to start building a long-term uptrend. These levels look good support and are comparable to the levels of 2017, whence impulsive growth began. On a one-day scale, one can notice a divergence between a price reduction and an increase in the RSI index, starting in mid-August, which is a good sign for opening long-term deals. We are also approaching the upper bound of the downward channel, the breakdown of which can be quite impulsive, but with a subsequent regular correction. And then we are again met by the support of 410, from which we have recently rebounded and again we can repeat this. In the case of a breakdown downward, the market should not go below the downtrend line, from which it will soon be repelled in order to return to higher levels. Currently, Bitcoin Cash is an excellent choice for investing a certain part of your deposit.
NEO can move higher#NEO 1d
Currently it demonstrates a good level for building upward movement. The market has been following a downtrend for a long time, and more recently has found its support and went sideways. The recent lows act as a support, the breakdown of which with a high probability will direct the market to a further decline, but if we continue and continue to gain volume, then the asset has good chances to touch the upper edge of the formed side channel. In the medium term, we can consider a level of around 3000 as the main goal. As you can see on the 1-day chart, then we are met by the resistance of a long-term downtrend, the breakdown of which should be accompanied by a correction and a subsequent set of growth, and a long-term goal can be considered a level of about 5000.
Despite today's dump, the market is still undecided.#BTC
In addition to yesterday's post, this chart shows the key levels of resistance and supports that Bitcoin will face in following one of the suggested scenarios. If the current support of the uptrend is broken, then with greater chances the market will continue to decline and will move to a tighter support of 5600, from where the likelihood of a rebound will arise. In the event of a rebound from the current region, the market will have the opportunity to test the resistance of 6700, in the case of a breakdown of which BTC will be more bullish and will be able to rise to the level of 7500, which is little chance to break through the first time and we can go for a corrective pullback of the growth. If we look at the market more globally, the breakdown of support for 5600 will indicate a continuation of the downward trend, and the chances of going lower (up to 4000) will arise even more. Overcoming the resistance of 7500 will give the market the strength to move on, and the breakdown of 8500 will be a very positive event for Bitcoin.
EOS chances for further growth after the breakdown of resistance#EOS
I also made the necessary corrective pullback, and in the last period I found good support in the form of a long-term uptrend. At the moment, forms a triangle, the breakdown of the upper face of which will indicate the continuation of the construction of growth. The main target areas are the levels 0.00100000 and 0.00128000. If the triangular pattern is punched on the bottom, then there will be greater chances to touch the support range of Fib 0.786 (around 0.00058800) again.