BTC analysis of the retracements and current position of BTC and what levels we should look for. Goodluck
DCT has positive signals coming up at the end of the month! We can start looking for early entries! Sister company Sophiatx is widely reviewed as super good! Own blockchain recently released! We have some signs of a bullish divergence! MACD doesn't always show everything! Short-term we can have a little run of 40%! Longterm 175-375%!
We want to observe nxt here! Same to UKG it recovered during BTC FUD! We have reversal signs! And we can expect some recovery from this level! The Mother of Ardor and Ignis is atm undervalued in comparison to here respective child -chains ARD-IGNIS. The daily candle are looking good! Today or tomorrow we can expect further upward movement! BTC fud can halt trades...
VTC touched the trendline and found reversal there! Its looking to start a new wave supported by breaking the last downtrend! Floating in between 200 and 100 EMA! Breaking the resistance level at 60-62 k will signal further upside
AION is at bottom of the channel and in a reversal area! We have some positive signs of reversal and can open positions with a good risk-reward ratio being that we are close to the bottom of the channel! 31th of Jan they will launch their testnet!
UKG showed some strength last two days! Mostly because it started correcting before BTC fud! Sadly very little info on daily available. Nonetheless, the candles and recent strength allow for opening positions. On 4hr timeframe, we have some bullish signals but so do most altcoins that are just recovering! the difference with UKG is the candle types! Little shadows...
BTG saw a deep retrace in the past days! We have the ideal entry point @ $144 level if we bounce off resistance and BTC makes it retrace again! Followed by a shortstop @ $138!The second entry point to is above low swing of $200 followed by a shortstop @ $190. The third and last entry is above low swing of $220 with a stop @ $200. BTC FUD can have influence on all...
I/O finished its downtrend! And has started a new trend recently! Undervalued atm!The weekly reversal seems to be incoming! I think its a matter of time!
TNT is a great project and partnerships with Philips blockchain and Microsoft should allow for further grow! For the short term, we have some bullish signals! We should monitor the market and look for the right entry!Currently we have a double bottom on 4h timeframe! Daily isn't looking great yet!
ADA could go for a little escape after 61.8 retrace!
Raiden will go for a re-test of resistance soon! We can observe and look for the possible break-up up! Indicators on the daily are not great yet! So we can bounce and consolidate for 2 more days! its worth getting a position and catching the upside to the first resistance!
Rise is atm still undervalued! We had a deep retrace! I think BTC forced it down more than my initial thought! Which was and is a concern! Showed a lot of weakness on the way down! None the less! We have reversal signals and weekly is still looking good! Ride with stop-loss when in profit!
NULS can become worth a good amount of money! Its product is ready soon! It's at protocol level! It has partnerships! We started this trade on my twitter a month ago! Didn't have Binance on trading-view at the time ( twitter.com post on $NULS journey so far). There are multiple scenarios possible for Nuls! And soon we will no which one it will choose! I did try...
NXT could see a reversal move in the coming days! We do seem to be somewhat at the bottom and holding last two days!
HMQ, in my opinion, is still undervalued! The market was manipulated on the first run! When we did 900% form my chart! Those facts aside! I believe the room for growth! And we can see that there are some signals for another 1 or 2 legs up!
RCN could see further growth from this point! At a decent level to enter with low down-side! MACD looks like crossing soon!
Walton is looking to break the downtrend! All indicator are in the green for a run! Breaking out and at the same time crossing 100MA is a strong signal for further upward movement!
BCPT trade has been open for me! Ill link Coinigy chart in the description! Enter once stable at support levels! Decent project! undervalued at!