KNC is approaching the first support zone of $0.86 which would be a good place to open a long. We could see a potential move towards $1.05, $1.20 and $1.31. Failure to hold the support at $0.86 could result in a drop in price towards $0.79 and $0.70.
UNI is currently trading at a resistance zone of $3.85. If it can break this resistance, we can start seeing a move towards $4.25, $4.50 and $4.87. Failure to break the current resistance will lead to a drop in price towards $3.27 and $2.67.
UNUS SED LEO the native token of Bitfinex made history by raising the highest amount in an IEO to an extent of 1 billion dollars. It lost its support of $1.28 and started dropping below for months. Recently, it established a support at $1.16, started gaining momentum and flipped the resistance of $1.28 to support. It has started showing signs of a good rally. Once...
Plan is simple, Break $400(Multiple daily candle closes) = Next stop at $440. Break $360 = Next stop at 320 which would be a great zone to long
Close consecutive daily candles above 13,800 = Road to ATH. Rejection at 13,800 = 11,900 and potentially 10,000!
DOT has closed above the 200 day EMA and consolidated around 4.2 USD. It has started bouncing from this support and we can see a potential move towards 4.6 and 4.8. Stop loss should be placed below the support of 4.1 USD.
Link has broken out of trendline on the hourly time frame. A possible scalp would be to place a long order at the retest of trendline at 12 USD and target the previous resistance of 12.4. If we can clear this resistance, Link is more likely to reach 13 USD. If we close an hourly candle below 11, that would invalidate this setup and would be a safe move to exit our longs.
If NEO can reclaim 19 USD and close a daily candle above 19, this zone can be flipped to support and we can see a move towards 19.6, 21.8 and 23.6. Stop loss should be place around 18. If we are not able to break the resistance of 19, we can open a short with a stop loss around 20 and a target price below 17 USD.
YFII has broken out of descending triangle. Placing a long from the support zone around 1900 with a stop loss below 1850 and target of 2017 and 2117 (0.382 and 0.5 fib) could be a decent trade.
LTC has reached a major resistance zone of 55.5. If it can break this and turn this to support, it will likely consolidate in this zone and head up towards 61. If LTC can break this resistance, we can long from 55.5 with a stop loss at 53 and target price of 61. There is a higher chance of rejection of this zone and a good short opportunity would be to short from...
XRP chart has completed an inverse head and shoulder pattern and broken out of it on daily time frame. Inverse head and shoulder breakout is generally a very strong indicator. It should head up towards 0.28/0.3 and 0.32. Breaking below 0.24 would bring the bears back in control and we can see a pull back towards 0.22. It would be a good idea to start accumulating...
We have seen an expected move on ETH from the support at 370. It is more likely for ETH to head towards 435 first since the resistance at 406 has been cleared. A long from 406 with a stop loss below 400 and target of 435 and 465 could be a good trade. If we break 400, bears will target 370 again and in that case, we can open a short from 400 with a stop loss above...