- at the top of the channel - Stoch RSI on 100 - support lines becoming more and more horizontal - had a pump before - no hedge for BTC fork needed anymore - other alts have more potential (money flow)
It was a hedge for BTC - no need anymore after fork canceled. ( Stoch ) RSI confirms. Check Related Ideas - BTC.
Fork canceled - perfect catalysator. No free money for holding BTC. Alts already gaining great momentum. Stoch RSI looks good. We are on ATH.
A great example of indicator working more than 90% of the time.
TA: - we are moving sideways for some time already and reached the local low lately - oscillators show buy opportunity - breakout from the channel also possible due to strong fundamentals (might be delayed though) FA: - crushcrypto.com
Looks like Iconomi reached the bottom or is really close to it. FA comparison to ETH and BTC returns: *cca 1:1 = Iconomi return vs Bitcoin return which might signal local bottom, price in bitcoins is lower *price in BTC is near to ATL Name USD Raised Month Token Sale Price Current Token Price Token Return ETH Return BTC Return Token / ETH Return Token / BTC...
Project with good FA: crushcrypto.com
TA: Bottom probably reached. Started to bounce. Higher highs show trend change. FA: - good project, not too risky, with great potential crushcrypto.com Exp: 3 targets with enough upwards potential T1: 1/2 (if reached almost free ride afterward) T2: 1/4 (in case of trend change) T3: 1/4 (300% gain)
www.cryptoninjas.net www.youtube.com
A bit closer look at the graph after the news: medium.com
Can we learn from the history?
Looks like we have a similar situation in cryptos that the one at the end of 2013/start of 2014 "China crisis". If we learn from the historical price movement, future movement in 2017 should be similar to the one shown on my graph. After last bounce bear market is expected for probably more than 1 year after we reached the top. There are more reasons to believe...
Augur gave us great buy-in option with nice upwards potential. Is also one of the trendsetters in his "crypto group".
1. Volumes are rising, Stoch and RSI great 2. New support on local low 3. Good entry point after China news 4. Reasonable targets with 25% and 70% gain, good RvR ratio (cca 1.5 and 4) 5. Can hold some for long term (T3)
People mostly look at altcoin vs bitcoin graphs when altcoins do not have cross with fiat currency on the(ir) exchange. I believe this is a mistake since sometimes you can not see opportunity fast enough. Here is an example of Stratis which looks like great opportunity vs USD, but not that great vs BITCOIN. There is a pattern that works well on altcoins. When...