BRD looks ready to begin a new uptrendBRD price action is no longer following downtrend (purple trend lines) and it is starting to perform an iH&S at a supposedly bottom of this trend. Along with that, if the iH&S confirms (neckline breakout above 7k sat), we will likely see as well a golden cross (50MA-orange over 200MA-red) on the 4H chart, and a new uptrend movement.
Fundamentals are good: Ethereum wallet coming next week. ERC20 beta coming in april and waterfall reward system after that
In blue: support/resistances
Token
TenX Pay / USD Macro AnalysisTechnical Analysis:
- PAY/USD seems like a Wyckoff.
- Volume below the 2 big spikes to 5$ would also indicate an Wyckoff Accumulation.
- MACD bands crossing at the daily upwards.
- Volume still missing and still below POC 0.00% and monthly Pivot .
- Target for this rally could be 4.66$ (yearly Pivot ) or maybe we wick through to 6.9$ (100% Fib level).
- New cards (transaction volume ) will also increase the value of PAY Token
Upcoming News:
- Physical cards should come mid May Q2
- Commitment Network Q2
- Maybe Cryptobank in Q2 (depends on their bank license)
XEM/BTC Is the trend line can stop the loss?The day that XEM listed on Binance (Yellow Circle), it jumped from 32000 satoshis to 40000 as we predicted. Per this chart, you can see the support line which XEM reacted to this line several times. We believe this line could hold the price from further loss. It is better to watch it carefully.
Simple Ripple-Another LookHello all,
Down and Dirty!
1) 1.15 or 1.155ish is important because a close above that level is good for all tech analysis and marks bullish run.
2) XRP is trying hard to get there. BTC is breaking to the upside....pretty hard but spillover has not happened yet.
3) If BTC takes a correction that will correlate to XRP and A pullback to the 96-1.06 range.
4) If XRP breaks above 1.15 then expect to move to the higher fib at 1.26. There could be resistance at 1.19 for structure but I would expect a continuation.
5) Earlier in the week, i mentioned a 1.40 target and that is still in play.
6) XRP is forming Higher lows-that is a good sign!
7) Volume is light right now but Its late Friday in the US and Early Sat everywhere else. Especially-All of Asia-Happy New Year!!!
8) The MACD is slowly heading to the upside. A crossover will signal a buy.
WATCH 1.15ish A close above that is bullish!!
How strong is the $0.68 support line for XRP?As you can see on this chart, the $0.68 is a strong support line for XRP. Several times it dropped but this line support it perfectly. No, it is another time. We should seat and watch what is gonna happen now. If it breaks this support, next one is $0.48 and the 100% correction is $0.24 which should be the last one. I am positive about $0.68.
XRP touching the bottom ? #xrpthestandard #xrp #rippleEven with goods news, new partnerships, good Q4 report, xrp is still very correlated to BTC which is bearish since BTC futures , let's admit it ! Though i believe that we touched the bottom,
unless we get more bad crypto news in Korea.
Robinhood app listing XRP and open trades in february may help the bulls coming back :
techcrunch.com
Coinsquare, the equivalent of coinbase in canada is doing the same in february :
ripplenews.tech
Coincheck refunded his customers after the hack of Millions of XEM tokens. Even if it shows that crypto market's security is still weak, it sends a good signals of trust to future customers.Even if their platform get hacked, they may not lose their tokens :
www.bbc.com
For the hodlers, Here is a video of barlinghouse "a huge central bank may want to use XRP to settle" :
twitter.com
Happy trading !
Simple Token (OST) - trending bullish still, holding supportYou can look at previous charts I posted, but so far we are holding this support line well and it looks like we are about to either go up or stay sideways for a bit. Let me know what else you see or if any comments! I believe that this is the bottom and great spot to get in for long term profit.
For more crypto updates follow me at @BigCryptoCat
Potential for New All-Time High? 0x! (ZRX)Good day traders!
0x is an amazing project and I have a lot of faith in the team. They're producing a decentralized exchange, and many projects are building on it (e.g. Augur, District0x, Status).
After the upward rally yesterday we're slowly reaching the end of the ascending triangle (continuation pattern).
I have conducted 2 scenarios:
Bullish: We break above the resistance soon, like the pattern suggests we would.
Bearish: On the other hand Cryptos are so unpredictable and not all patterns apply. We could also fall down to the $1.5 Support. (Or even further)
--This is NOT financial advice. Please make your own research before investing in any asset--
I wish you successful trades!
Ethereum - Another EraTechnically speaking, based on trends and percentages, this is the road Ethereum will take to 1690. Over/under trading may result in some slight deviation.
LRC Just in middle of the wayPer this chart, LRC is on the wave 2 of 5. The correction to level %38 is completed and it is on the way to complete wave 3 which could be 0.0002 BTC (%100 PROFIT). Keep eyes on this token.
Buying opportunity, if you want a really strong openingOne of the most undervalued coins in the market,
+Great idea
+Great team
+basically competitor for google ad sense
+at the dip
enters: 0.000041 - 0.000042
Massive CUP&HANDLE [BAT] 1 day chartBAT Looking for new highs.
T.A.: MASSIVE CUP&HANDLE, MACD and RSI looks Very Bullish, it could dip a bit before forming the whole handle and take off, this will take a few days, i expect less than one week.
F.A.: It was just added to BITFINEX some days ago
Breakout: 0.000069000
Target: OPEN
Buy dip: 2nd chance go in RIPPLEBITSTAMP:XRPUSD
Waiting for confirmation cross of the 21 RSI, and the cross above the 200 MA, then we are back in.
TenXpay VS Bitcoin - Interesting TimingTenX Pay Token found the support at 10500 satoshi and slowly started to move higher. Price broke above the descending channel and 200 Moving Average signaling on a potential correction up or even a trend reversal.
After breaking higher and testing 40k satoshi, PAY/BTC corrected back where it rejected multiple supports.
Upper trendline of the descending channel REJECTED
50% Fibonacci Retracement REJECTED
200 Moving Average REJECTED
Uptrend Trendline REJECTED
It seems like TenXPay is becoming very bullish and should outperform Bitcoin, at least in the short to medium term. First target near 60k satoshi where two Fibonacci retracement levels meet with each other, the 227.2% applied to the last corrective wave down and 76.4% applied to the September high and December low.
Therefore, TenXPay could easily double in value against Bitcoin and if the 60k resistance is broken there will be much more upside potential. Only break below the 10k support could invalidate bullish outlook.
Basic Attention Token #BATBTC - at the key dump level!FUNDAMENTAL BRIEF:
Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
TECHNICAL ANALYSIS:
The BAT token quoted to Bitcoin BATBTC shows the typical behavior of market participants consisting in pumping the price (PUMP) and then its rapid discharge (DUMP). Nevertheless, one can notice something like the upward trend that recently hit 161% Fibo at 0.000058 and is currently in a downward correction phase (DUMP). The most important short-term support level is currently 0.0000033, which should stop further declines. Otherwise, the next Dump cycle (DUMP) may extend up to and from 0.000025 - 0.000020.
TREND and IMPORTANT LEVLES:
Main trend: UP
Indirect trend: NEUTRAL
Daily trend: DOWN (price in correction)
Key Levels:
for further increases - level 0.000040 and later 0.000048
consolidation/correction zone-level 0.000033
for the continuation of falls - level 0.000033 and later 0.000025
PS: Make sure you are following me!
PPS: The next cryptocurrency analysis will be published if this post will receive min. 50 likes. :)
Basic Attention Token (BAT) - What a beautiful sign for us all!Welcome to my tradingview idea.
Take a look at my other charts (I hit my targets 90% of the time, literally!)
HOW-TO:
You have to follow 1 single strategy: Buy low & Sell high.
3 Simple steps:
1) Buy.
2) Hold.
3) Sell for profit.
There aren't many choices when it comes to day trading, you can either buy or sell. So once you buy, you can only sell, and the only way to make money, is to sell for profit (waiting until the price goes up). The only way to lose money, is to sell for a loss (not waiting, getting desperate and selling when the price is down).
So remember, it doesn't get any easier than this, just buy and hold. That's it. Sell on target. You win.
Please like my profile, and my views if you do follow them, i would appreciate that, thank you :-)
INFO:
GREEN LINE: This is calculated target (We aim to hit this price)
RED LINE: This is our exit point (We sell here if price goes to this point)
BLUE LINE: This is our guide line (The price should follow this line on my analysis, if price breaks this line, there is a possibility that we are going to our exit point)
From the creator of JavaScript and the co-founder of Mozilla and Firefox, with a solid team – funded by Founders Fund, Foundation Capital, Propel Venture Partners, Pantera Capital, DCG, Danhua Capital, and Huiyin Blockchain Venture among others.
Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
Enjoy and good luck!
AdEx VS Bitcoin - Medium Term OutlookFollowing the previous idea on ADX/USD , it has reached the upside target and rejected it. Pretty much the same is happening with Adex against the Bitcoin as it has approached the resistance at 25k satoshi.
This level has been acting as a support well as the resistance between August and September, so now the history may repeat itself. Not to mention that ADX/BTC reached the top of the descending channel and is very close to 2/1 Gann Fan trendline. 25k satosi support area could be acting as a strong resistance and could potentially send Adex back to the 200 Moving Average or the uptrend trendline.
On the upside note, break above the 25k resistance could prove that the trend up continues and then a buying opportunity might present itself. As for now, Adex remains a risky coin to hold.
Edgeless Token Should Outperform BitcoinEdgeless token found the support at 5600 satoshi and started to move higher, breaking above the 200 Moving Average and the very strong resistance formed at 13k satoshi. Higher highs and higher lows pattern started to emerge suggesting that EDG/BTC could be planning to continue rising.
After breaking the 13k satoshi resistance, the price went back and this time rejected this level, which is now acting as a support. The upside momentum is there and it is very likely that price will move higher towards previously formed high near 40k satoshi. To be precise, there is a very strong resistance at 37k satoshi confirmed by two Fibonacci retracement levels. First is 88.6% and second is 227.2%, applied to the last corrective wave down.
While the upside potential is there, Edgeless might take some time before moving higher and could even test the uptrend trendline and/or the 200 Moving Average once again. In any case, the buying opportunity is there and only break below the 5600 satoshi support could invalidate bullish outlook.
TenX PAY (400%+ pontential)Another bottom has been reached, another opportunity is born.
You can open your trade 0.000209 - 0.000240
STOP is up to you. 5%, 10%, 15%, 20% or up to 30% below support (support is market by the red line on the chart).
Targets are the green lines on the chart:
(1) 0.00040
(2) 0.00071
(3) 0.00100 (Over 400% potential profit).
This is a LONG trade.
Remember that it doesn't matter whatever happens, what happened in the past or what will happen in the future.
I doesn't matter if you make money "mistakes" in life. Those mistakes are just lessons to learn and grow.
Doesn't matter what other people think, if you or people consider yourself to be god or bad, rich or poor.
Whatever happens... YOU DESERVE THE BEST.
Thanks for your support.
Status Networt Token (SNT) - (Up to 950%+ Earnings Potential)About the title: Some people ask about the % I put there; this is a "potential", and it will be reached eventually, it is just that it takes a long time.
SNT, after falling for months, found support around the 300 satoshis level.
Now, with Bitcoin on the lookout stalking our every moves, keep in mind that this and any other trade can get easily invalidated by a Bitcoin Bull Run, but who cares right?
If that happens, we can think, relax and ADAPT. Change is good. CHANGE IS NORMAL. We are always changing, since the day we are born, to the day we stop being here.
Buy-in: 345 - 550
Stop loss: 279
Targets:
(*) 400 (You can skip this one)
(1) 610
(2) 730
(3) 990
(4) 1247
Please use a range to sell, 5-10% above and below these target lines.
The rest will be added later.
Indicators:
- Small breakout, sign that the coin is looking for action.
- MACD almost crossing over, plenty of room for growth, and the point right before the action starts.
- STOCH hovering on the floor, and suddenly waking up.
- RSI is in the bearish side, but he knows how to come around.
- EMA30 also gives a bull signal, as well as the count on our candles.
This morning, the sun was out very early, so I went out to show my respect.
I felt this beautiful energy, telling me that everything, will be ok.
So I took on his words, and stay for a longer bit.
Then came back to my computer, to share with you what I see.
And what I see is this...
Doesn't matter what happens tomorrow.
It doesn't matter, because we don't care.
Doesn't matter what happened in the past.
Is the present moment, for what we really have to care.
So don't worry about what happened in the past, if you did good or did bad.
And don't' worry about the future, because everything that you want will come to pass.
So before I click "publish" and share with you this trade,
let me remind you something, YOU DESERVE THE BEST!
Namaste.
BTCUSD LONG! First scenario: Up! to around 19400$ (white circle) Max 20000$ ( psychological limit & resistance ).
Negation of this scenario: BTC will go down, will break lower limit of the channel & 38% FIBO.
Second scenario: The beginning of the correction - down to around 14956$, this is support line between bodies of two W1 candles and upper limit of the D1 demand zone
(yellow circle) ,then Up!
Negation of second scenario: BTC will go up! without correction, or will break down upper limit of demand zone and 23% FIBO
Actually we have got a small consolidation, but demand still prevails.
