I think that bitcoin has to touch once again the area of 6000$ and thus form a double bottom. A triangle would be formed with the bearish trend line and with the support line of 6k. I think this because of the divergence in the RSI of 4h: After this, I expect again a rebound to try break the bearish trend line. If the support of 6000$ is broken, be very...
BTC tried break the 11800$ resistance, but as i said in my last idea, we need more volume. At least BTC has tested the 10500-10300$ support. We can see on RSI that this is a very strong support and nice point to enter and test again the 11800 resistance. We can also see that BTC is in a lateral trend channel (orange lines), until BTC breaks the resistance of...
After the last fall of BTC, BITFINEX:SNTUSD has resisted a very strong price. According with fibonacci points, we have an excellent buy entry This is my trade recommendation: -Buy below 0,18$ -On short term, BITFINEX:SNTUSD can reach 0,25$. This is our first target. -After that, take profits and buy again if the price stays above our first goal. I...
XRP will test the fibonacci point 0.786 for the third time. If it reaches $ 1.20, it is very possible to see a rapid rise to $ 1.60. Lets go see it.
LTC always behaves in a similar way with fibonacci points. Here is an idea to trade LTC in the medium and long term. 1st Buy below 220 $ 2nd Sell at 280 $ 3rd Re-Buy at 240 $ 4th Wait for new highs. LTC is a cryptocurrency that does not have large movements in the short term. But when LTC decides to move, the price usually goes up 100-200% In the next move I...
11800$ can be the last strong resistance to break and confirm the new bull trend.