DASH was listed on Chinese Huobi.Pro exchange yesterday and starts trading today. New version of Dash Core was released (github.com), which puts base for doubling the transactions it can handle plus all transaction fees are reduced 10 times! See link for more details. Regarding trading, I will monitor this one and wait for potential retracement to around 323 USDT...
We are in descending triangle now. If it will manage to break above 250, we can target 298 and 335. On downside there is support between 192 and 180.
Similar to MAID, entry above 0.0029 with targets at 0.0039 and 0.0054. Stop loss initially at 0.002477.
If it can close above 0.00000500, we should aim for 0.00000597 and 0.00000728 (19% and 45%). Stop loss bellow 0.00000330.
If MONA will manage to break the downtrend line and current resistance, we could enter the trade above 0.0004, aiming for 0.0007 and 0.00097. On downside we have support between 0.00022 and 0.00018, under which stop losses should be set.
Support 2 from previous analysis was strong enough and we are heading up again. And again the crucial level to break is ~50. If LTC will manage to close nicely over 50, we will aim for 53 and 58. Especially, if so long awaiting BTC correction will pop up and also other cool coins will get some attention. Previous analysis:
ETC did a nice breakout. Let's see what could we expect. I'll wait for retrace to .618 Fib level (and retest), and if it won't close bellow 9.2, I'll enter a small trade at ~9.25 with targets at 11.9 and 13.4. Otherwise I'll wait for retrace to Support 1 or Support 2.
This can be kind of a safe trade. I don't see any bad forecasts for ETC. We are moving in this channel for almost 3 weeks now, accumulating nice and break to downside is not such a probable. If we don't break Support 1, I'd buy some when we cross 9.65. If Support 1 will be broken, wait for pullback and buy some more at 9.5. If we come down to Support 3 (which is...
Last week I read about pivot points and decided to apply them on MONABTC pair. On chart you can see marked pivot levels based on daily data of 19.10.2017. Price levels are calculated with formulas you can find here: www.investopedia.com Please note, that these pivot points are short time, valid only for one day and have to be recalculated every day. In our example...
It's boring day on crypto exchanges. Currently we are in this 3 days long channel and nothing seems to be happening. This is our breakpoint area. If we'll get above 0.1777, we could reach 0.21-ish and probably also some higher price. There will be resistance at 0.20 on the way up. If we'll break to the downside, we could find some support at Support 1 area, if...
This is s little bit forced analysis (or rather a wish :) but regardless of this. If we take this as Elliott triangle wave, we would need a touch of resistance somewhere in D and then pullback to E. Is it feasible? Well, we have 20 days more to reach points D and E, and in the past ETH was able to reach +20% and -43% in 20 days (see "20d" mark before point C). In...
If it will stay/close above 0.00000717, we are good to go to Target 1 (cash part of trade) and Target 2. Otherwise on downside, if it will break current support at 0.00000645, we have good supports at 0.00000555 and 0.00000500.
The only red coin in my portfolio today is BTC. It looks like this are good times for ALT coins, people are probably selling BTCs for ALTs. I don't mind that :) ZEN did tremendous job - more than 200% in 2 days. It's in triangle now and we can take opportunity after it breaks in any direction. If it will break current resistance nicely and close with nice green...
These triangles remind me a bit on Russian Babushka - you know, little wooden doll inside a little bit larger, inside a little bit larger etc. :) Let's just monitor this market, breakout through current triangle limits and support or resistance could lead us to levels, marked on chart for both scenarios.
I entered in previous trade too soon at 50.1 (well, not too soon, but things turned south) so I'll wait for some rise before trading this pair again. Here are some options. We have some support in triangle between shorter trendline and 61% Fib level of the last rise. If this support will get broken, we have another one between longer support line and 78% Fib...
XRP broke previous one month long trading channel and is looking for support. Could it be somewhere around 0.166? This is also close to 61% Fib retracement level of the last rise. If we apply the same channel (green-ish one) bellow previous one and mirror the previous highest price reached to downward, we get interesting idea. Which will work only if we don't...
There are so many IFs currently in the game, that we can only provide some possible scenarios. We are at 2.272 Fib extension from last bigger jump from 2980 USD. If we will break this one, we can get to 2.618 (6470 USD) and higher. If we won't break it, there are chances to retrace back to (most probable ones): a) 0.382 Fib retracement mark (4970 USD) - this is...
... looks like breakout, but is it a breakout? Only time and chart will tell ;) There is a nice and active community behind 0x, but the token would need some more volume for breakout. I'd enter the trade above marked level and aim for T1 and T2. T3 is questionable, but possible. We could get even higher, but we would really need some crazy news. On downside we...