LBRY Credits VS Bitcoin Buying OpportunitySince January, on a corrective wave down LBRY Credits already lost 74% to Bitcoin, while the current low has been found at 2400 satoshis. At that level, LBC/BTC rejected the upper trendline of the descending channel, formed back in December 2017.
However, after bouncing off the channel, price failed to break above the downtrend trendline, leaving some uncertainty behind. At this stage, LBRY Credits could continue to consolidate between 2400 and 3250 satoshis, but the break above the local resistance could trigger a wave up, towards 5k satoshis resistance. This is the 38.2% Fibonacci retracement level, which also corresponds to the uptrend trendline breakout point.
But, if the resistance will be respected by the market, the price might go lower towards 2k psychological support, and break below that price could push it even lower, back to 1000 satoshis area.
Buy-signal
Cardano VS Bitcoin - Time To Buy?Cardano felt extremely strong during the December 2017 rally, and it went up from 250 satoshis up to 9180 satoshis, that is nearly 2500% growth in just over a month.
ADA/BTC currently has corrected down to 2360 satoshis, where it is currently trading. At this level, Cardano should find the support, confirmed by the 76.4% Fibonacci retracement level. If the support holds and the downtrend trendline is broken, the bullish falling wedge pattern will be confirmed resulting in the continuation of the uptrend.
As the bullish divergence is forming on the RSI oscillator, and price facing Fibonacci support, the reversal probability remains very high at this point and perhaps the buying opportunity is already there.
Adex VS Bitcoin +630% PotentialAdex is currently trading within the descending channel, although on the last wave up it failed to test the upper trendline of the channel and went down. The decline was stopped at the 10k satoshis, that is a strong psychological support as well as 76.4% Fibonacci retracement level.
While the support is holding it is very likely that ADX/BTC could establish an uptrend, towards 74k satoshis resistance confirmed by two Fibonacci retracement levels. That is 630% growth potential over the Bitcoin.
On a downside, daily break and close below 10k satoshis could extend the consolidation and send price back to 5.5k satoshis support, nevertheless, that price should be far more attractive for buyers.
Monaco VS Bitcoin BreakoutMonaco coin has found the support at 57k satoshis and went sharply up towards 165k. The uptrend failed to continue and the price went all the way down to 57k satoshis area. The consolidation continued, but today Monaco finally broke above the downtrend trendline suggesting the beginning of an uptrend.
Fibonacci applied to the corrective waved down after both downtrend trendline breakouts suggest the potential upside target at 20k satoshis area, that is almost 100% growth from the current price.
On a downside, break and close below the 57k satoshis should invalidate bullish outlook and extend the consolidation.
Nexus Could Double In Value SoonAfter hitting the low at $1.2, Nexus went up and broke above the triangle pattern. But then it consolidated for a while and now seem ready to start producing higher highs and higher lows.
Fibonacci applied to the corrective wave down after the downtrend trendline breakout, shows that the nearest strong resistance is at 361.8% retracement level, that is $2.3. Although if that resistance is broken the next upside target could be at $3.25.
In the worst case scenario NXS/USD could go back down to the downtrend trendline before moving upwards, although the recent spike up shows more of a bullish intentions in the short term.
CoinDash Easy x2CoinDash bottomed out at $0.029 after which the consolidated started. CDT/USD continues trading between $0.03 support at $0.055 resistance. While the trend remains bearish, the recent break above the 50 Moving Average suggests that the price could correct higher.
The key resistance is seen at $0.092, that is 23.6% Fibonacci retracement level applied through the all-time high. It corresponds with the upper trendline of the descending channel as well as the downtrend trendline.
At this stage small correction down is likely, to test 50 Moving Average once again. However, it is should take long before price reaches the $0.092 resistance. Break and close above it will open much more upside potential, while rejection should result in a correction down, perhaps back to $0.29 to produce a double bottom.
Cardano VS Ethereum, How Far UP?Cardano has bottomed out at ETH 0.00026 forming a bullish divergence on the RSI oscillator. Price then started to move up, breaking above the downtrend trendline and the 50 Moving Average, suggesting the continuation of a long-term uptrend.
Considering the statistics of cryptocurrencies rising in x10 encasement, the nearest upside target of ADA/ETH is seen at ETH 0.0028, that is just over 10 times the price of the recent bottom, which was ETH 0.00026. Also, the target level corresponds to the 261.8% Fibonacci retracement level.
The x10 growth is expected during the currently starting wave up and should be the very first upside target. Break above it could send the price much higher, but it yet to be seen if the resistance will be rejected or not.
LBRY Credits Chance Of ReversalLBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline.
The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.
SALTBTC combination of positive factorsWe gave the signal yesterday, combination of positive indicators status and bullish patterns started an impulse growth which brought the price to our 3rd target, there is one more impulse left be ready to fix profit. We will provide you with profit report later.
Ark Starting To Look StrongArk has found the bottom at $1.77. That is 127.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. The support has been rejected cleanly, and the bullish divergence was formed on the RSI oscillator. The following wave up resulted in break above the downtrend trendline which could be the trigger for the strong move upwards.
The strong resistance is seen at 50% Fibonacci retracement level that is $6.7, and a potential 150% rise from the current price. Break and close above the resistance should confirm strong uptrend, while rejection could result in a consolidation or a correction down.
On a downside, break and close below the $1.7 support should extend the consolidation and could send price lower.
BitBay VS Bitcoin Upcoming WaveBitBay has found the support at 464 satoshis, that is 127.2% Fibonacci applied to the corrective wave up after the 820 satoshi support breakout. The Fibonacci support has been rejected cleanly followed by a strong wave upwards.
The correction down followed along with the consolidation, where BAY/BTC has been trading around 500 satoshis nearly two weeks. But now volume in increasing once again and BitBay could be ready to go up.
The strong resistance is obviously at 820 satoshis and this could be the very fist upside target. Break and close above it should confirm long term uptrend.
Ubiq Coin Approaching Strong Psychological SupportUbiq Coin currently trading at $1.32 and continues to reject the downtrend trendline. The downtrend remains valid, although UBQ/USD has formed a bullish divergence on the RSI oscillator suggesting that the correctional move upwards could be on its' way.
In order for the price to start rising the $1.6 minor resistance must be broken with a daily close above it. When/if that happens Ubiq is likely to move upwards towards one of the Fibonacci resistance levels, either $2 or $2.2, that is 38.2% and 50% Fibonacci levels.
If it continues trading below $1.6 resistance price could drop down further, to test strong physiological support level, which is $1. Rejection of that level should result in a corrective wave upwards, while break below is likely to result in more consolidation.
Aelf VS Bitcoin - When Will Grow?Aelf has reached an all-time high against the Bitcoin on the 25th of January, hitting 22k satoshis. Since then price corrected down strongly and Aelf lost 74% to Bitcoin, while it found th elow at 5600 satoshis.
The RSI oscillator has formed a bullish divergence suggesting the either a corrective wave up or a potential reversal to the upside. However, currently there is strong resistance at 9k satoshis that ELF/BTC must overcome, yet it continues to reject it.
If Aelf will continue trading above the previously established low and breaks above the 9k satoshi resistance it could provide further upside momentum, sending price higher. Next resistance is seen at 38.2% Fibs, near 12k satoshis, and then 50% Fibs near 14k satoshis. Daily break and close above 14k should confirm the long-term uptrend.
On a downside, ELF/BTC will continue trading below the current resistance, further decline is possible, and price could go back down to 5.6k satoshis or even slightly lower.
LSK Buy opportunity - possible reversalNice Fib retracement after last bull run. Looking for entry points between 0.00117 and 0.00115. If it goes below, we will not make a higher high which isn't good.
RSI looking good, and BB also close to the lower band.
Waiting for reversal confirmation for a possible 10%-20% gain!
Bitcoin- TRUE WITHOUT WISHES AND EMOTIONS!!!Bitcoin is not strong for up trend and it is reason why go down and everybody see it. Without bad news, BTC go down. If will come any bad news we really can go for 6000k without problems.
Stay in TETHER isn't BITCOIN time yet.
Everybody know BUY ZONE - 7 000$
BUY ZONE - 6 000$ - 6 200$
If you agree follow me and have a nice day.
Monaco Coin Could Grow x3Monaco coin has been range trading for an extended period of time and has established a very strong support at $5 area. Price has bounced off that support for at least three times now, with the most recent bounce occurred on the 6th of February.
After rejecting the support price went up and broke the descending channel as well as the 2/1 Gann FAn trendline. The correction down followed, where the upper trendline of the descending channel was rejected. And today MCO/USD went down again, but this time back to the 2/1 Gann Fan. This could be an interesting entry point for buyers, from the technical perspective, not to mention that on 1h chart price is right at the 200 Moving Average.
While Monaco continues to trade above $5 support, the price should be going upwards towards the resistance at $25, that is over 3 times growth from the current price, that is $7.5.
NTGUSD / H1 : Agressive BUY entry signalHope this idea will inspire some of you !
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Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum .
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Phil
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Get Some ICON Before It's Too LateAfter hitting an all-time high at 9194 satoshis, ICON corrected down to 2590 satoshis, where it found the support represented by 76.4% Fibonacci retracement level. The support has been rejected cleanly followed by the downtrend trendline breakout.
Current price action suggests the potential reversal and a very beginning of a long-term uptrend. The ICON project is very big and holds great potential fundamentally.
From current price onwards it would be reasonable to expect strong growth, where the very first target is seen at 11k satoshi. Break above that resistance could send ICX/BTC much more higher resulting in at least 10-time growth from the current price.
Incent Approaching Key ResistanceSince Incent reached the bottom at $1.6 price has been rising consistently and already went up by 110%, while currently trading at $0.34. During the rise, INCNT/USD formed Head And Shoulders pattern and broke above the neckline trendline, followed by the break above the 200 Moving Average.
Clearly, the short-term trend is upwards and Incent is yet to test the key resistance at $0.38. This is the 23.6% Fibonacci retracement level applied through the all-time high. When/if it will be reached the Head and Shoulders pattern will be completed.
The most important will be the reaction of the market after the target is reached. Break above should confirm the long-term growth while rejection could result in a corrective move down.
Support Channel Opportunity for Buying USDCHFTrading View on #USDCHF on 14th March 2018
Buying Dip on USDCHF after the CPI data and Trump Whitehouse Turnover.
If price closed below 0.9420 will look to exit the buy trade.
Entry Price : 0.9430
SL: 0.9410
TP1: 0.9455
TP2: 0.9480
Trade sytem: Range
Trade Management
Breakeven : 20 points
Trailing: 20 points
#USDCHF #BUY #SIGNAL
QuantumStamp VS Bitcoin Upcoming ReversalQuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis.
At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI oscillator formed a bullish divergence, followed by the break above the downtrend trendline.
Such price action suggests the end of correction and potential continuation of a long-term uptrend.