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Altcoinstowatch

Chainlink Stairway To Profit Heaven Once a coin breaks its previous ATH (as LINKUSD did recently) and enters 'price discovery mode', traders ride it all the way up, either hodl-ing or scalping (small time-frame swing trading), until price goes 'vertical' (parabolic) and market movers decide to take profits... At that point we typically see a long wick, perhaps followed by an indecision candle (small body with long upper and lower wick). Followed by price decline. Is that what LINKUSD looks like right now? Definitely not. At this point, we expect the stair step progress to continue with LINKUSD looking ready for another leg up.
BINANCE:LINKUSDLong
by Sparkster
2
BTC/USD Short SetupHere a new short setup Possible Entry 9320ish and 9480ish, SL 9550ish, T1 9250 T2 9000 Still sticking to my bearish view on the BTC/USD market, I'm doubting BTC could reach any new higher high, and starting from June till now BTC/USD is forming a lower higher pattern. And from my last post, I see that the strength from the bull is weak compare to the bear, hence I'll update any short setup for BTC/USD if there is a chance. I wish to get suggestion on Alts coins for making a trade set up just like this. Just mention it on the comment section and I'll do analysis on it ASAP. And remember always take the trade with proper risk management. Cheers!!
COINBASE:BTCUSDShort
by RX_Wolf
3
Vechain Ready for 27% Continuation?It's debatable of VETUSD broke through the long-term resistance level for June close, but we'd lean closer to a YES! Short-term Moving Average momentum looks good and Volume profile has grown well, in line with price action, over the past few months, indicating confidence in this market. Whether VET hovers at current price level for July or continues up to the 0.0116 target (a 27% gain) probably depends on the general direction of the rest of the market. Vechain certainly looks a strong contender and top pick for altcoins right now.
BINANCE:VETUSDLong
by Sparkster
Ziliqa at risk of 40% drop reveals new weekly candleThe weekly candle close was brutal. After an indecision candle 2 weeks ago which pierced resistance and then closed below... ...then last weeks candle a steep red... ...and MACD trending down... ...given the meteoric rise we've seen in ZILUSD the past few months... ...it makes sense that Ziliqa may have to drop all the way down to find support, perhaps at the 0.011 level. A 40% drop from current price. This is more likely to happen if BTCUSD does not somehow manage to quickly break it's consolidation range to move upwards, which as usual would probably bring the rest of the market up with it, including Zil. Bottom line, traders are likely to be taking profit and looking for a cheaper entry position on Zil.
BINANCE:ZILUSDShort
by Sparkster
1
BAT Token: The token that never gives up rising! Morning to all and good day traders! Today I am giving another update on one more altcoin I have high hopes for: The BAT TOKEN, along with the brave browser potential. Right now we see BAT trying for its third time to retest the highs of resistances @0.295, last touched in Nov 2019, before a huge selloff typical for most coins, as the year comes to a close. From just Jan to mid Feb, in the span of 1.5 months, it surged past its old resistance to touch a new high @ 0.3185, before selling off to the 0.200 level! I expect it was gaining bull momentum from here as seen with the strong rebound till 7 March 2020, where a massive dump reverse the BAT surge as we all know, thats when the Corona Virus impact hit. From what I see, in the historical data, BAT has some massive bull potential, rebounding and regaining upwards pressure quickly even after large dumps. On 9 May 2020, BAT surged past but was REJECTED @ the resistance 0.2296 level ( 0.618 fib) now breaking out past it today! I expect this level to pose a strong support, now having flipped. Our next target is 0.2530, which was the second rejection, after which our next targets for a LONG OPPORTUNITY would be: - TARGET 1 @ 0.2695 (0.786 fib level) - TARGET 2 @ 0.3085 (1.0 fib level, historical resistance) Breaking above target 2 will most likely mean a parabolic curve upwards, due to the lack of resistance levels above it. I then will expect the next target to be 1.618 fib level, coincidentally our previous high @ 0.4681, last touched in 20 April 2019. Also, expect some pullbacks as each resistance is touched. Fundamentally, BAT is a sound project and this would be one that I recommend HODLING, instead of trading, due its longer term potential to become one of the more widely used browsers now that privacy is being more emphasized on. As always, feel free to like and follow if you enjoyed what I shared! Best Regards, GOLD D ROGER
Long
by Gold_D_Roger
2
Neutral on NEO, until... hi @shayyaaneshan, here's the NEO analysis that you requested. NEOUSD has been stuck in a range for 2 years. From $5 to $25. Good news is that current price is testing the downwards trendline and also pushing against the weekly ichimoku cloud (using crypto settings). A rise from current price of about $13 to a closing weekly price of about $15 (or higher) suggests a test of the trading range ($25) and possible continuation all the way up the cloud to $100, a 600% gain. The rise from $15 to $25 seems totally reasonable based on the technicals. We'd have to re-evaluate the chart once it reaches there to assess the breakout to that higher target of $100. MACD and RSI both point up. But until price closes inside the cloud above the downtrend resistance, it could just as easily get pushed down again from current price by bouncing off the bottom of the cloud and getting rejected once again by that downtrend. Until NEOUSD breaks above downtrend resistance and cloud, we're Neutral.
BINANCE:NEOUSD
by Sparkster
1
MATIC NETWORK/BTC : Long overdue Breakout to Upside (BUY NOW)MATIC has been ranging in the 0 to 0.236 Fibonacci Level for a long time since 12 March 2020, recently broken out of the channel on 13 May 2020 with HUGE BUY VOLUMES. Now, MATIC has went close to the 0.382 Fib level and I expect it to retouch the top of the channel line @ 0.236 Fib Level, before going on its BULL RUN towards highs of 0.5 or 0.618 Fib Levels as shown in the chart. As always, remember to place strict stop losses and trade carefully. Other altcoins I would be keeping a watch on would be -TOMOCHAIN -THETA -LITECOIN As always, FEEL FREE TO LIKE AND SUSCRIBE I WOULD REALLY APPRECIATE YOUR SUPPORT = ) Regards, GOL D ROGER
MLong
by Gold_D_Roger