#BTC has the ability to touch levels 4200-4400#BTC
In the medium term has the opportunity to touch the levels of 4200-4400
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Bitcoin looks good#BTC
Bitcoin has done a good growth over the past few days, we received an increase in its value of more than + 20%. From current levels it makes sense to consider entry points for shorts, but it is better to do this above the 4000 mark, since there are still bull signals and the probability of continuing the upward movement still remains. It is very likely that we will still see test 4000 and most likely with a noticeable break above. It is better to wait for rollback and lower levels to enter long. Bottom line: Bitcoin is now neutral, but bullish priority is noticeable.
#Bitcoin in short term we can move up#BTC
The possibility of a small long is seen, in the short term we can move up. Support and resistance are indicated on the chart.
ETHEREUM looks bad#ETH
Ethereum looks bad, all the important supports were easily punctured, and now we can continue to go lower with the rest of the markets. The closest support range formed within $ 73-78, fixation below which will be a very bad signal. The nearest resistance is $ 100, its breakdown will give strength for a step up, but it will be extremely difficult to rise above $ 140, even after breaking through $ 140 there is a high probability that it will fall again.
#BTC We are getting closer and closer to the global turn#BTC
This idea is based on a 88% reversal of the market cycle and the intersection of TK on a 2-week scale, which also indicates a likely resumption of the uptrend. We are getting closer and closer to the global reversal, this situation may be accompanied by another fall to 2500, but next year we will first wait for the range of trade within 3-6k, and then build a new market cycle in the form of another record wave of growth. If there are no significant technical incidents or legislative changes, this scenario is very real.
#BTC comparison of the fall and its correction#BTC
If you look at the BTC on a larger scale, you can see that in 2014 the absolute high was on December 5th. Before the first serious upward movement, Bitcoin fell by about 70%. In our case, the growth was in the middle of December, and from 20,000 to 6,000 rollback was also about 70%. 6000 is the level from which we jumped to a serious correction (12000), which is about 100%. Also on April 11, 2014, a 100% growth began. November 12, 2014, the last wave of the drain began, with a conditional bottom breaking through. It lasted until January 15, 2015. The total correction in 2014 was 87%, we now have 83%. 87% in our case is 2500. But as a percentage of the last growth until the end of the correction in 2014, we fell by 66%. Now from 10,000 we have fallen by 67%. Draw conclusions)
#BTC are within Ichi cloud#BTC
At the moment, on a 1-hour scale, we are within the Ichi cloud, and in order to determine the future direction of the market, we need to reach the upper (which will allow touching higher resistances) or the lower edge (which will roll back closer to 3000-3200 where will the possibility of opening a long position).
#BTC The downward channel is still sending the market down#BTC
To maintain further positive, we need to break through and lock above the level of 3750. But the downward channel still sends the market movement down. At the moment we have the opportunity to decline a little more. Stepping below, in the region of 3000-3200, we get a zone of high demand, and further growth can reach resistance around 5000.
#BTC maybe we reached the end point of the correction#BTC
If we see a bull structure on a short timeframe, then perhaps we have reached the end point of the completion of the correction. Also, if the market finds support at this level, we can see a wobble of almost $ 5,000.
#BTC We can work out the bear pennant#BTC
The descending channel still directs the market movement down, we can work out the bear pennant. As we see, the market fails to consolidate above current resistances. To get a reversal, most likely, we will look for the soil below. 3580 is a good support, but nobody canceled the opportunity to break through the levels below. You should not panic, such drawdowns are noticeable in the entire history of the formation of the graph. Such situations are not the end, but only the opportunity to catch an asset at a low price.
#BTC Bitcoin Long Term View#BTC 3D
Further development of the market may look like this. If we consider the last wave of growth and price correction, then we see that the market was able to roll back to almost -82% percent (in the current situation it may be around the level of 3600). 4800 is a good support, but nobody canceled the opportunity to break through the levels below. As a rule, Fib 0.786 resistance acts as a reversal range, but the price tends to often go lower for a while, we observed a similar phenomenon in 2015, and we can also observe it now. The fractal pattern of movements is a good guide for further understanding of the development of the market. You should not panic, such drawdowns are noticeable in the entire history of the formation of the graph. Such situations are not the end, but only the opportunity to catch an asset at a low price. Control emotions, share risks and be prepared for the most unexpected turns. At the moment we have a huge oversold RSI, a record low; we can bounce and move up, but pay attention last time the same time we came back down after the rebound. Thus, we have a chance to get a rebound, but with a further decline and after another oversold start to build an upward movement, perhaps lingering for some time in the sideways. Or, if during the bounce, the market will get a good volume and support of large players, then the breakdown of the orange downtrend line will give the scenario of a faster growth wave. Looking at the scheme of the psychology of the market cycle, it is very likely that we have passed through panic and anger and are now at the stage of depression, after which the market begins to form a new cycle, again increasing its value.
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.
XST recommend to pay attention#XST 1d
There is a downtrend on the scale of the day, but the market forms support from which in the long run can begin to build a growth wave. Stoch RSI is bullish and demonstrates the ability to follow to the nearest resistance of around 2000. MACD and RSI have also been bullish for a long time and demonstrate upward movement, which has a positive effect on the formation of the price of this market. Stealth may go sideways for some time, support should keep the market pressure in case of decline, but if it is broken (the candle of one week scale closes below), then this market is likely to continue to follow the downward trend. XST should be considered for long-term deals, in the near future it can make equivalent fluctuations both up and down. We recommend considering entering a trade as close as possible to support and not higher than the level of 1700.
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.
Recommend to pay attention to Zcoin (XZC)#XZC
Good levels for opening long-term investments. It can be noted that after a long downward movement, support was found over the 1200-1350 range, which manifests itself quite well. We also left the formation of the downward wedge and pamp prices on October 20 once again confirms this. On a single-day scale, divergences are seen, and the indicators are very bullish, which in sum indicates a positive future for this asset. Zcoin is good for buying on a small part of its deposit with a view to holding it for the next year, we recommend you pay attention.
NPXS is a good choice for investment#NPXS
The volume is growing, on the scale of 1-day you can see the big green bars. MACD has been moving up for a long time and at the moment it is becoming more bullish, as well as RSI. All this time, the price has been declining, indicating a bullish divergence, and since the middle of August it has taken on the nature of lateral movement. The overall picture of this coin looks positive and Pundi X (NPXS) can be a profitable asset among your investments.
