XVG GOING TO MOON SOON?Looks like the last downtrend is going to end soon. So maybe now a good time to go in on XVG!
Invest
AUD/JPY: 4HR PredictionPrice is trading higher after coming close to some support, and daily trend. In addition to the zone, I got my reversal signal. It's highly likely that price my retreat from resistance once more, forming what we like to call a "Head and Shoulders" formation. I went long making an entry on a 4HR time frame. Good luck
STARTMay see a correction and START go lower in the short term, but ultimately I like START's upside in the coming months. Market cap of <$20m leaves a lot of room for growth. I love the potential this has.
BTCUSD: Again Grow UpIn the current situation, which developed in the market of crypto-currencies. Large players are good, knocked down the price of all major crypto-currencies. And gradually they start to gain momentum. Now the price is trading at the level of 11 000 - 15 000 USD for bitcoin, where the next 2-3 days will be located. After that, the set of positions will be up again.
QTUM MOON long idea, huge growth potential + good R/R ratio!
Been watching QTUM since around $11, feel disappointed i missed the 6x boat but that's alright, we're only getting started!
QTUM has a relatively low market cap with a huge amount of growth potential
expecting 100%+
TA says 2hr RSI is very oversold, ready to bounce back soon.
Once the whole 'flippening' FUD goes away, more money will flow into alts and qtum has shown that it can absorb quite a bit of this money lately.
6+hr RSI's are quite overbought however so there are chances of a nice pullback, but i personally like this coin and will hodl it even if the odds are against it.
Plus, the name's cool, and whether you like it or not that's solid grounds for investing ;)
ETC crossroad, the underdog with sharp teeth ?ETC is having it's protocol upgrade / fork today, in approx 7 hours (google ECIP2017 for more info). The purpose of this fork is NOT a new coin (which is why we may see a very short flash crash), but a scarification and mining cap of ETC. I believe a good part is already priced in, but we have potential for further up in the next quarter
Fundamentally speaking, potential is here. ETC has a dedicated team, and is learning from ETH's professionalism, while having a lot more room to grow. Overall, ETCETH chart is showing signs of reversal (see next update for chart). It is aimed at a different market than ETH, and while the target for etc is actually half of eth's, the signs of reversal of ETCETH is telling me we might see a XRP / XLM rerun with the same decoupling of a sister coins. More or less a "half or quintuple your profits". Which is why I and some of my clients have been diversifying into ETC.
In the short term, the dollar value will directly depend on BTC's behavior, especially to futures and new year's sellout (book gains on new fiscal year), as it is directly in the middle of the channel, and accumulating above resistance. I expect the move to be sharp, but I am in since quite some time, and if you follow my other ideas, added ETC on dip after banking on ETH and then vice versa (trading ETCETH), which allowed me to almost double my overall crypto position, split in both without adding any new fiat.
Risk reward is amazing in both BTC and USD value
If you have no position, try adding **slowly** around now, as the buying opportunity has passed and with a stop loss to not hold bags. I expect to see a rerun of my XMR analysis
Stay frosty
[Invest/Swing] KMD Long buy opportunityWith BTC going nuts, I don't think we should look at X/BTC prices for the time being, at least until everything is settled. Still it has influence, and we could see more KMD/BTC drop before any rise
Everything is on the chart, fundamentals looks good, even if maybe subpar to concurence according to some. Great ideas, doubtful marketing/volatility
Risky trade, especially now, I would not put too much in it
Stay frosty
Bitcoin: Correction PhaseHow is everything doing lately? The crypto market have been very hot lately with bitcoin on a killing spree. However, not every spree last forever. Especially if what it was offering before, B2X coins, are no more. We should see Bitcoin correcting itself to previous level before the event. Money will start flowing back into alt coins, making Bitcoin correct to a fairer price. Now I am bullish on Bitcoin long term, but I do believe a healthy correction to show support and demand is needed to sustain this growth. If you have been watching my videos on youtube. I explained why I am bearish on bitcoin for the short term and my prediction of what just happened before it happened.
Bitcoin finished it 5 wave structure already, completing an overall big 1st wave. We are now entering phase 2, which will be a correction leading up to the biggest run we are about to see in history. It just happens the biggest run is now potentially having institutional money involve in 2018, further signaling a big run soon. All in all, be prepared. What are your thoughts?
Trade with care.
Youtube: www.youtube.com
EURUSD potential short playIt has been awhile, but I am back to post my next potential chart setup. There is a potential for the downtrend to continue with the euro (nickname fiber) if it closes on the daily chart below the drawn support line. The likelihood will also be based on trading during a time that I don't usually trade, which is during various fundamental announcements, since it is the beginning of the month. Happy Trading
CVC - possible scalping opportunity or a decent price to hold
The price has potential to touch the zone below 0.000105 with a wick in around 24 hours, but at the moment isn't showing signs of going steadily underneath it. Therefore, careful traders may want to place an order around that number to ensure a buy in case the price bounces off that area instead of going further down. Since the market is in range, this prediction is based mainly on the decreasing on volume balance. As far as technical analysis goes, bit price hikes or dips are not expected.
There are no pending announcements or meetings for CIVIC, so I don't expect the price to soar, but a good short-term trade possibility may be coming. Alternatively, this may be a good buy-in price for a long-term hold that is close to the current resistance and support lines, which should enable you to liquidate quickly at minimal losses or profits, shall the need arise.
That said, staying away and watching the market for the next 48 hours is not unwise, either.
Thoughts?
$BABA BABA staging a strong comeback like FB in 2012News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares of ALIBABA back in 2017 when it first began going on. This is history in the market. Unless the stock closes below $120 in the next few months, this is a long term stock to add to any portfolio
NXT, Buy the Blood!NXT has always been an interesting coin. Many people do not know about nxt because it has been asleep for so long.
This is all about to change. nxt.org
Nxt has a relatively low market cap. It certainly deserves a place in the top 10, and that is where it is headed.
Technically, Nxt just broke a long term trendline. Above 3300 satoshi is where the real fomo begins, but I bought on the trendline retest. This will be a 3x + move.
It is clear, especially with the launch of AlphaB coming to LONGThe Securities and Exchange Commission (SEC) has considered prospects of a possible ETF for Ethereum (ETH) which has put ETH in a position of exponential growth. Along with many projects and ICO's committed on Ethereum's chain, growth should be expected, and shorting should only be followed for a small bounce of 1-3 points. I expect from when I publish this (ETH:80.01 USDCEX.IO ) Ethereums position will increase by over 6 points within the next 12 hours.