Today we are taking a look at Advanced Micro Devices( NASDAQ:AMD ) We are gonna look both into what happened since the beginning of the calendar year but also what is going on in the last 2 months. It is clear that since January we are in an uptrend channel having gained more than 85% and following the main trend of the stock market.Strong fundamentals and great...
Litecoin is a well rated coin among the cryptocommunity.Having found some success and consistently have a place in the top 10 coins of Coinmarketcap. Recently there was a big interest on Litecoin because of the "Litepay Situation" . I will explain the "Litepay Situation" as shortly as i can: LitePay is the payment processor for Litecoin , which means...
After a while the market is finally looking bullish again,with Bitcoin overcoming 10.000($) which was a significant resistance level we should have expectations for a general increase of the whole market. Taking a closer look at Dash/Usd 1hour Chart we can see that there is an upward movement.This is confirmed by the Rsi that is looking strong after being able to...
Looking at the 4hour chart of ETC we can see some bullish signal with the Macd having an upward movement and the histogram supporting this action and in combination with the Rsi bouncing of the support level we could see a rise in the price of ETC Although we have some good signals,we are still pushed by the downtrendline.We saw the price struggle between the...
Bitcoin has been on the downtrend line from the moment it reached the all time high of 20.000($) dollars. At the moment Bitcoin has found some bullish momentum from the 9.000($) support level and its following an uptrend line . The price of Bitcoin is battling between the 11.700($) resistance level and the 9.000($) support level. There are two possible scenarios...
Looking at 4hour chart of Qtum we can spot an upward movement for the market. Rsi going above 40 and Macd looking for a reversal move in combination with the uptrend line we can expect a move in a price in the next days. Qtum has some strong resistance levels at 52($) dollars and that is the point where we are gonna set our profit targets. Entry Points:35-38($)...
Seeing that the market is bouncing back strong after the recent pullback we can spot several bullish signals in the 4hour chart for Monero(XMR). Price following on the orange trend line and having to face no particular resistance until the 400($) dollars mark in combination with the Rsi looking strong and the Macd doing a reversal move,gives us a strong buy...
While looking at both the 45 minute and 1 hour chart for Zcash we can clearly see strong bullish signals,that enables us to look for a good entry point. The price bouncing of the 460($) support level and following the orange upward trendline in combination with the Rsi being on the uptrend and Macd supporting this uptrend movement,allows us to assume that the...
After dropping from 375($) dollars the price of BitcoinGold bounced of the support zone at 147($) dollars. Looking in the short history of BitcoinGold the previous time it reached those levels it bounced back to around 300($) dollars. With the Rsi reaching the support level and the price being outside of the bollinger bands we can expect a short term rise. For...
Ethereum Classic got a big hit from the recent market correction,going from an All Time High(ATH) of 47.159($) dollars down to 21.875($) dollars. The market has bearish signal with Rsi looking weak and Macd downtrending. The price having pressure from the downtrend black line will probably stay between the green uptrend lines until the market bounces...