VeChain, who doesn't know this coin with one of the best project, team, and partnerships in the crypto market and in the supply chain business in particular. And with their rebranding, masternode program, NYC Summit and upcoming mainnet launch in about two months, it will only get better. A strong coin with great fundamentals and potential. So let's take a...
Let's do a little different kind of analyses this time and look at a potential nice swing trade for the coming weeks instead of days/week. TRON, TRX/BTC a popular coin, ambitious project and arguably one of the most hyped up coins by their media machine and CEO Justin Sun. As you might know, they're planning to have their mainnet launched on May 31. This is a...
Cardano, one of the more popular coins with a great team and good fundamentals. So there's no shame in holding or "HODLing" ADA. And also one we've covered recently already where you could have made some very nice profits from! But now there's a new cycle, chart setup and targets so where we can trade of off let's take another quick look at this promising coin,...
Binance, who doesn't know Binance if you trade crypto. The largest crypto exchange in trading volume and expanding rapidly with good fundamentals. If you believe in crypto longterm and you want to diversify your portfolio wisely, then Binance coin is not a bad choice! Compare to a lot of coins, BNB/BTC has been legging a bit since the recent BTC bull run....
Let's look at a smaller cap coin for a change. Qlink, a decentralized mobile network, is dedicated to constructing an open-source telecom infrastructure on the blockchain. An interesting project but what about the chart? Well, let's take a look Qlink, QLC/BTC chart looks just like the project itself interesting as well cause it has just broken out of a Cup &...
We've covered Ontology, ONTBTC previously but that didn't go as planned but now the chart looks more promising so let's take a look at it again shall we. Ontology, ONTBTC one of the better performing coins since their launch on Binance in March has retraced quite a bit from its highs but has found good support around the 0.0004500. It has bounced off that...
Wanchain (WAN) a distributed financial infrastructure coin powered by cross-blockchain smart contracts with privacy protection has become one of the more popular and good performing coins after their very successful ICO and listing on Binance. Good team and project so you can't do much wrong with a Wanchain in your portfolio. If we look at the chart, then we...
After a retracement of more than 50% from All-Time High Ethereum Classic, ETC/BTC found good support around the 0.001950 area. The RSI and MACD indicators are heading up and showing a divergence around that level as well. We can still have a little more room before we reach the Apex of the descending triangle but when ETC/BTC breaks the descending triangle to...
ICON, the Korean Etherium ranked #23 at of this writing is a strong and popular coin with good team and fundamentals so you really can't go wrong with this coin. Even better is that by the end of this month ICON is expected to launch their ICO Platform and IISS. This is a big milestone in their roadmap so this should bring some good hype and action! Now let's...
Cardano, ADA/BTC one of the more popular coins has been in a nice recovery from its lows in March. The recovery is not only lead by the recovery of the overall market/BTC but mainly because of increased visibility and key activities/events such as meetups, conferences, and recently a roadmap update. Also, Cardano got listed on a few more exchanges with Huobi...
One of the best performing coins in the last month has to be Ontology, ONT/BTC. After a very nice runup and some consolidation, ONT/BTC has now formed a nice channel for itself: Currently reaching the support level at around 0.0005500. This area is also close to the bottom of the channel and happens to be near the .618 fib retracement level as well. So as...
After a terrible march for NEO, NEO/BTC where it drops more than 40% against BTC with eventually being one of the worst performing altcoins in March. As NEO consolidated for most of March, it finally reaches support around the 0.006700 satoshis area. With this clear support and consolidation making lower higher, NEO/BTC has formed a nice triangle pattern in...
With the rise of Upbit listing, TRX/BTC has retraced quite a bit but found support between the .500 - .618 fib retracement levels at around 0.00000550. Bounced several times on this level and from its hourly 50 ema (yellow line) so this seems to be a good support area for TRON. If you look to trade this bounce as a short-term/day trade, then this is how you...
As you can see above, STEEM (USD) has just broken out of its long consolidation period and wedge pattern. The bullish divergence in both the RSI and MACD already gave us a sign of a possible reversal coming. The MACD was also in a long consolidation period and wedge as well, STEEM had to break out one way or the other. And since it has already retraced...
After a nice climb TRON, TRXBTC has consolidated and found support around the 0.00000485 level. This looks like a good support area cause the 0.00000485 - 0.00000500 was several times previous support and resistance area. When you look at the Elliot Wave theory then you could see a bullish ABCDE pattern forming on the hourly chart. If this ABCDE pattern does...
Binance, BNBBTC broke out of its cup & handle pattern as you can see above. This is also at the point Binance went above the $10 mark, which is a key resistance level. Can BNBBTC follow through? If you want to daytrade this breakout, here our trade instructions: Buy Area 0.0012000 - 0.0012200 If you missed the initial breakout, then don't try to chase but...
Looking for a quick daytrade? Well, then take a look at Verge, XVGBTC on Binance. With the news announcement/update of a possible largest partnership in crypto to date and their crowdfunding program, Verge have spiked nicely today. After setting the HOD XVGBTC has retraced quite a bit but found good support at 0.00000411 which also happens to be the 0.618 fib...
After a nice run yesterday, NANOBTC has consolidated and found support around 0.0009250. This point recently has been a very good support/resistance area for NANOBTC and interestingly which also happens to be at or around the 0.618 fib retracement level. With this clear support and consolidation, we now have a flag/triangle pattern and now heading to its...