ONTBTC has decent potential for a swing trade with tight stop-loss just below the current horizontal support level, which also serves as lower boundary of falling wedge formed in August. Targets can be seen in the chart.
Hello, We can see from the chart that BTC has bounced from the falling wedge support line on the weekly chart. BTC is currently oversold and as we are heading towards the end of the year we might see some relief rally to 5-5.5k$ levels which serve as horizontal and falling wedge upper trend line resistances. If you were anticipating to short BTC it is worth to...
Hello, Current price levels are located alongside support line of the falling wedge, which gives us good entry point with tight stop-loss. Targets are also seen in the chart.
Hello, We can see that there is trendline that is holding since the middle of August, for now it is major support which must hold. Therefore, we can put stop loss just below 280 satoshi level if we play for the semi long-term. If we break support it is very likely we drop to 180-200 satoshis. On the bright side if 280 level holds we are heading to 480-580...
Hello, XRP is one of the strongest coins that keeps on holding its major uptrend. Currently is very good entry (below 40 cents) which provides us with relatively short stop loss (just below the major trendline) and potential for decent returns till the end of this year.
Hello, It seems like ETH just cannot hold any support level. Next horizontal support for potential long-term investment is at 50$. If it does not hold then we go back to test 15$ ranges. There is also good potential to short from ±190$ level if we bounce back to major downtrend line.
ZEC has formed strong support at 0.016 level which gives us very good RR if we enter now with stop loss just below major support. Targets are also defined on the chart.
SIRIN LABS token are launching their smartphone today! On chart it is also looking good. Broke out of the major falling wedge with a good volume and continues to move upward against BTC. Place your targets according to resistance levels which I also provided in the chart.
Hello, there is no doubt that cryptocurrency market is currently moving in the BEAR mode. All we want to know is when will we reverse and what are the targets of reaching ATH levels. It is crucial to understand that BTC price in the long term cannot sustain just on price speculations. It needs some major adoption and real life use cases. There is a lot of...