Look at that beautiful chart and those beautiful fib levels ? Definitely bullish on that one. The triangle pattern is very obvious, and IOTA has resisted very well to the market fluctuations, and has corrected nicely. It's in accumulation period, and the breakout is imminent. I would skip selling at the first two Fibonacci targets, and sell around the third,...
At the current state, TRON has broken the red uptrend pattern and is moving based on the yellow downtrend. Tron did a nice bounce but was immediately followed by a huge resistance, which tells me that bag holders dumped their coin at the smallest profit. This is not a very good sign in my opinion. I would personally avoid this trade, remain neutral, and wait a...
This is a trade that has caught my eyes one week ago. I saw it shilled on a forums, and I observed it. This seems to have broken downtrend and started an uptrend channel as we can see on the chart. -MACD reversed - Bullish pattern - Strong resiliency against bitcoin upward movement How do I know if a coin has potential to grown from a fundamental analysis ? -...
Bitcoin has been struggling for the past few weeks, which was an expected behavior. I have called on my twitter over and over that Wallstreet will short bitcoin. It was very obvious. People like Richard Heart and some trend analysts here kept saying that it is in Wallstreet's best interest to not short bitcoin. The anomaly was observed around 6000 dollars when JP...
You have all seen charts around here telling you to wait for a breakout. I'm updating this trade because I have been following zclassic and bitcoin private very closely, and now I am more than convinced that a breakout is imminent. However, many factors are in play right now, and it wouldn't be very smart to buy immediately, because you can easily swing trade...
I am sharing my first idea which is mostly based on FUNDAMENTAL analysis, rather than chart analysis. I coupled it a bit with TA. This coin, trading on binance, has had an incredibly hype which endured several FUD phases that got proven wrong over and over: -1st FUD Wave : ICO scam, badly written white paper in english -2 : Chinese government ICO bans -3 : Delay...