Crytpocurrency
KMD may be looking to start moving in the next 12 days.First off, sorry for all the trendlines. I like using them to find out what the pattern a chart is expressing.
Here are a few things. The purple boxes are the major consolidation areas before or after a move. With the trend looking and BTC going sideways, we should be seeing KMD start accumulation phase again and consolidate side ways into the blue and purple upward trend. If the current support breaks, we should be looking to go down to the next purple box below for support. If our support trendlines were to hold we could see a couple of scenerios. One, we go into the channel of blue-purple-blue uptrend to look for the next ATH, which to be completely honest, is not too high of a chance happening in my opinion. This is purely because what may happen to BTC in the near future. Second, which is more likely, will allow us to go into the grey sideway trend to start rallying upward and maybe bring both the 231 MA and 77 MA together to a flatline, then look to breakout for the ATH. This is more natural because of all the downward momentum that is pressuring the trend line. The two red circles indicate that the trend reversal may be happening. We are going to retest the Kumo cloud to try for an breakout.
Due to market manipulation, we may see a few spikes here and there. We have just observed a manipulation last night and it has successfully rallied the buys and made it move up by about 20% before retracing to a consolidation. If it gets more manipulation we are more likely to see it fall to the below yellow box to look for support.
Let me know what you guys think.
Ups and downs till the end of yearIf you take a look into a chart in a longer perspective, you'll see we're in the beginning of third phase of rocketing the BTC. History shows that couple of weeks before the top we're seeing one tryout (which already happened last week with ~5900), step back into 5300 in order to refuel (lasting for around 7 days) and one nice rising trend straight to another level (6300) by the end of October. Then we'll see huge correction to 5000 by the end of November and finally big jump straight to the top at around 7300.
I am planning to keep my current BTCs till the end of October, get rid of them in order to get assets for bottom and buy as much as possible to celebrate year end top.
NEO making its new buying pointHey Guys,
We are forecasting an amazing buying point in new before it makes a run for the new ATH.
We did see a small upward spike during the hyped RED Pulse ICO, following which it heavily crashed more than 15-20%.
It's not advisable to have any open positions now and wait for it to be in the range (A), which will be the best buying opportunity.
Happy Trading :)
FACTOM inverse head and shouldersFACTOM shows momentum, with good volume, half way RSI, and inverse head and shoulder. Enter a pull back in a lower time frame. Target as described. GL!
$MTL next targetSome great news arrived for $MTL. Price spikes up and we could see another leg up soon. Before entering wait for a retrace on 0.5 or 0.682 fib level, i.e. 225-230k sat. If the price doesn't drop below we could hit 260k.
$TRIG next target$TRIG is moving upward in a symmetrical triangle formed after the breakout supported by bullish ichimoku cloud and oversold stoch RSI on 30 min chart. In case of another breakout in the highlighted zone, targets are 1. short 42000 sat; 2. mid 50000 sat; 3. long 65000 sat.
LBCunderValuedHardOnce volume comes this projects going to seem ridiculously under priced at the time of this post.
LBRY is easily one of the more likely and fundamentally strong projects being developed.
Try is out, lbry.io ( freedom of content )
Too much $$$ to be made.
LTC Bulls the StrongestVery strong recovery compared to the BTC and ETH.
The correlation is strongest with ETH but there is much more resistance on the ask for the bulls to work through in ETH.
Bulls are quicker to buy the dip in LTC than other names after coming off that huge run towards $100 recently.
Loss of hourly higher lows is a big red flag but the bulls are currently comfortably over the last higher low.
NEO Continues Downward Trend Before Next BreakoutThe dotted line shows the long term upward trend that NEO exhibits. After each breakout there has been a large correction that usually lasts several weeks before finding a steady price. After weeks to months of stability, TA suggests that the next breakout is inevitable. TA currently points to sometime mid-October for NEOs next breakout, but fundamentals could push that date up even earlier.
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BUY MONOCO!!!!! Monoco is in consolidation mode. With the latest consolidation monoco has to make a is decision whether to break out or break down. Clearly after a good recover period and consolidation period is will chose to break out. Its a buy right now
BTC/BRL (Foxbit) – 4hrFibonacci Extension from previous 2 lows to previous ATH confirms consolidated support at ~14.100 with next support/resistance at ~14.500. Next leg up takes us to ~15.000 psychological resistance and fib extension with final bull-run resistance at ~15.700. The Brazilian markets have a tendency to play catch up, and when they do, they usually overshoot targets in both directions, but particularly on the downside.
We see less volume to support this bull run than previous runs, however there's still enough to push us to ~15.000 in my opinion, or at least close to it over the coming days. If you're not already in, we may head sideways for a day around the 14.500 support line. On the hourly chart entries in the cloud 14.270–14.380.
Should this trend line hold, we'll arrive at the 15.000 mark by 6am tomorrow morning (Brasilia Time). The only way I can see this happening is when Asian markets come online and push this bull further throughout the night. If we make 15.000 by tomorrow morning, expect a pull back to to 14.500 before continuation of trend.
GAME lift off within 2 monthsIt is true that GAME was overbought and that is the reason for the big dip. However with BitBay opening up in India and adding Gamecredits, the chance of GAME breaking out is on the high side. It is quite possible for gamecredits to reach a new ATH until end of the year.