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Altcoinsvsbtc

WAVES Hello, Traders! Monfex is at your service and today we overview WAVES/BTC . WAVES one of the losers these days, but we remember that marketmakers stand by this coin and at this chart we see the descending channel and the price is going to the bottom line. Also we see it's a bullish divergence by RSI and we can suppose that near the previous low will be rebound to the resistance zone. Supposed Trade Signal by WAVES/BTC Buy near 0.0000890 Take profit ~ 0.0001034 Stop loss at 0.0000825 Market Cap $70 561 361 USD Volume (24h) $14 900 668 USD Circulating Supply 100 143 784 WAVES Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
W
by Monfex_UK
Altcoin Season - 90% Fib Retracement the Bottom?Using the Crypto market cap (excluding BTC) we can gain an insight into the altcoin's potential trajectory. After the explosion in 2017 it was apparent that a harsh and brutal correction was inevitable, it may appear that the worst may be over. As you can see the altcoin market has retraced the typical 90% from bubble swing low to swing high, in fact the Nasdaq did the same after the tech wreck in 2000. It is possible and quite healthy for the alts to retest this low around 40bln, however i would hazard a guess that the bottom for alt is at (or very close to) this current low at 40bln. Nevertheless, the idiom of 'Buy low and sell high' is quite difficult to do when presented, but this may very well be the case for the broader altcoin market.
CRYPTOCAP:TOTAL2Long
by Profit_Link
1
NXSBTC forming bullish Gartley | Upto 34% expectedPriceline of Nexus / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. We have 100 simple moving average strong support below the price action. I have used Fibonacci sequence to set the targets: Buy between: 0.00002833 to 0.00002588 Sell between: 0.00003028 to 0.00003490 Regards, Atif Akbar (moon333)
NLong
by moon333
ZENBTC same cycle likely to repeat again| Upto 803% potentialLets have a brief look at the ZEN with Bitcoin pair: Then: In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average. In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel. Now: The same cycle is likely to repeat again. 25 SMA again crossing down the price action to form a golden cross with 50 SMA which will push the price action to breakout the resistance. 100 SMA is ready to form a golden cross with 50 SMA in case of breakout from the resistance of channel which will produced more powerfull bull thrust that can push the price action even beyond the 0.786 fibonacci (the end of sell zone is i have defined on chart). Volume profile of complete channel is showing very low interest of traders below the support of channel. I have defined Fibonacci sequence to set the sell targets as below: Sell between: 0.0018685 to 0.0034417: Regards, Atif Akbar (moon333)
Long
by moon333
2
FETBTC formed bullish BAT | A good buying opportunityPriceline of Fetch / Bictoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 100 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000513 to 0.00000492 Sell between: 0.00000524 to 0.00000549 Regards, Atif Akbar (moon333)
Long
by moon333
1
PERLBTC formed bullish BAT | Upto 16% potential tradePriceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000412 to 0.00000402 Sell between: 0.00000434 to 0.00000469 Regards, Atif Akbar (moon333)
PLong
by moon333
Turning point for ALTs vs BTC ??Hello, Traders! Monfex is at your service and today we overview BTC Dominance. Turning point? We are located near the resistance line. Will it hold on? Very likely. The market firmly pushed off the resistance line! Short-term, perhaps we will pull up to 70,70 % and there will be a likely rebound in the target zone ~ 66,40 % . MA100 acts like support and resistance. Share your thoughts, ideas about the market under the chart. Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
CRYPTOCAP:BTC.DShort
by Monfex
Cardano Short Opportunity amidst BTC uncertainty - H4 ButterflyADA had recovered slightly against the BTC and approaching the next sell level. Coincidentally, one of my favorite Harmonic Pattern - the butterfly pattern completes at the same area at Point D.What I also like about this setup is the confluence it has as shown in the Red Circle. Most people will be caution to sell here thinking that a previous high or resistance level (506) is breached and price is going to trend higher. I like to challenge this thought by asking this - What is Buy Low Sell High? Do you sell when price is going down or when price is going up? Entry - 526 to 540 SL: 563 TP1 - 475 Extended TPs - 447, 418 Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Short
by TradeWithWayneYia