Long-signal
BCDBTC scalping with using market situationThe price dramatically decreased due to market crash however it consolidated at the global trend line and support zone. Indicators become bullish. DMI suggest that there should be a sharp price movement soon, the rest indicate vullish mood.
We recommend this coin for short-mid term scalping and good quick profit earning
A long Bitmex signal succeded !Hi guys !
So it's been a hectic summer and we've been busy working on our personal lives and growing the community.
We are now back with additional TradingView charts and post-signal analysis.
This call was given on Monday 26th August at 10.00AM UTC.
LONG position with 10x leverage. All 5 targets were reached for a nice 40% profit !
Target 1. 6880
Target 2. 6930
Target 3. 6980
Target 4. 7070
Target 5. 7130
Enjoy your trades and be safe !
Basic Attention Token might outperform Bitcoin by 100%Following the previous idea on BAT , price has reached the upside target at 4717 satoshis, which is the 61.8% Fibonacci retracement level. The resistance has been broken along with the downtrend trendline, suggesting the continuation of the uptrend.
Now, the previous resistance at 4717 satoshis, become the support, which may or may not be tested again. But overall, the trend now is bullish and BAT/BTC should continue moving higher, towards one of the Fibonacci retracement levels applied to the 02.05-13.06 corrective wave down.
First resistance is seen at 161.8% Fibs, that is 7530 satoshis. Second resistance, could be the key level, located at 261.8% Fibs, that is 10k satoshis area. This is the potential upside target as it is not only the Fibs resistance but a strong psychological price.
On a downside, the worst case scenario at this point, is the correction down to the 3k satoshis support, and only break and close above it could invalidate bullish outlook. At the same time small corrective move down could be expected, but also price could continue moving higher without any corrections.
Aragon VS Bitcoin 30% Fast Growth PotentialAragon found the bottom at 24.5k satoshis, where it produced a spike, back on 27th of June. Price then went up and recently broke above the 50 Moving Average as well as the descending channel.
These are the first signals of a potential corrective move upwards, especially as the 50 Moving Average is now acting as the support. The buying opportunity could have presented itself and ANT/BTC might correct up, towards one of the Fibonacci resistance levels.
First resistance is at 36k satoshis area, confirmed by two Fibonacci levels. Break and close above it should push price higher, towards the key resistance located at 40k satoshis area. Not only this is a 50% Fibs level, but also the price where previously 50 MA was rejected, not to mention a strong psychological level.
The downside risk at this point is low in relation to the potential corrective move upwards, but if Aragon will close below 24.5k satoshis support, this would invalidate bullish outlook, where the downtrend is likely to continue.
Substratum Potential 20% Gain Over BitcoinSubstratum found the bottom at 3824 satoshis, tested on the 13th of June. Then price broke above the descending channel, and finally, today it broke above the 50 Moving Average suggesting the beginning of either a correctional wave up, or a long term uptrend continuation.
SUB/BTC price is likely to increase towards the 61.8% Fibonacci retracement level area, that is around 5200 satoshis. Previously price rejected this level as the support on two occasions.
The downside risk at this point is minimal, although a short term consolidation or a small move down can be expected. But only break and close below the 3824 low could result in a continuation of an uptrend and invalidate growth potential.
Substratum Upside ReversalSubstratum currently trading at the support area, between $0.3 and $0.38, that is 88.6% Fibonacci retracement level of the recent corrective wave down. Currently SUB/USD is right at the Fibs support, which could and should continue to act as the support.
As long as price stays above the $0.3, SUB should start moving upwards and could reach $1.43 area in the medium term. The $1.43 resistance is confirmed by two Fibonacci retracement levels, 38.2% Fibs applied through the all-time high, and 161.8% Fibs applied through the recent corrective wave down.
At the same time consolidation phase could take place and price might continue to range around $0.4 area. But only break and close below $0.3 could invalidate bullish outlook and send price lower.
Hcash | Hshare VS BitcionThe Hshare coin has found the support at 910 satoshis, which is 78.6% Fibonacci. The support has been rejected, along with the uptrend trendline. The high highs, higher lows pattern remains valid, and combined with the rejection of the support, current price action suggests growth.
The resistance is seen at 3225 satoshis, that is 127.2% Fibonacci retracement level. It clearly corresponds to the previous support and resistance areas formed back in 2017.
Further downtrend at this stage seems to be unlikely, nevertheless, daily break and close below 910 satoshis could push price down to 600 satoshis are to form a double bottom.
WaltonChain Facing Support AreaWaltonChain continues to trade upwards while producing higher highs and higher lows. Now WTC/USD is going through a healthy correction down after hitting the high at $18.8. The current support can be seen around $14 area which previously has acted as a resistance. The support is confirmed by the upper trendline of the descending channel, 50 Moving Average as well as the 2/1 Gann Fan trendline.
From this area price could continue rising and could go as high as $45, forming a double top near the previous resistance formed back in January. At the same time $36 resistance, that is 76.4% Fibs, should be watched closely as only break above should push price higher.
On a downside, it is possible that WaltonChain will go lower and could hit the $10 psychological support before the uptrend continues, but only break and close below $10 should invalidate bullish outlook.
CoinDash VS Bitcoin Getting The MomentumCoinDash has found th bottom at 400 satoshis and since then has established a clear uptrend while producing higher highs and higher lows. Price broke above the descending channel as well as 50 Moving Average. The 50 Moving Average now is acting as a support which has been rejected multiple times.
It seems CDT/BTC is getting enough momentum to continue going higher, where the strong resistance is seen at 1770 satoshis. The resistance is confirmed by two Fibonacci retracement levels, 88.6% and 527.2% Fibs applied to the corrective wave after the break above the Moving Average.
On a downside, price could correct down to the uptrend trendline or even 460 satoshis support before moving higher. Although the uptrend contamination at this stage is much move favorable.
Aeron Feeling Strong Against the BitcoinAeron formed the strong bottom at 13k satoshis and rejected that level for 3 consecutive times. The most recent bounce occurred on the 11th of May, after which price started to produce higher highs and higher lows.
ARN/BTC broke above the 200 Moving Average and then above the ascending channel, suggesting the beginning of an uptrend. The strong resistance is seen at 161.8% Fibonacci retracement level, that is 31.5k satoshis. This means that it could potentially outperform the Bitcoin by almost 3 times in the medium term.
It seems that the downside risk at this point is very low and probability of the uptrend is much higher. Nevertheless, break and close below the 13k support could invalidate bullish outlook and extend the consolidation.
IOStoken Uptrend is Far From OverIOStoken bottomed out near $0.016, after which the uptrend begun. Price broke above the 50 Moving Average as well as the downtrend trendline. IOST/USD continues to steadily climb up while rejecting the uptrend trendline.
Fibonacci applied to the first corrective wave down after the breakout of the Moving Average shows that IOStoken has rejected 227.2% level, where it found the support. The following wave up resulted in rejection of the 427.2% Fibs resistance, however just recently price broke above, suggesting the continuation of the uptrend.
There are multiple resistance levels to watch, however the key resistance is based at 1227.2% Fibonacci retracement level, that is $0.159. Statistically coins upside targets tend to be in increments of 10 from the bottom. As the bottom has been found at $0.016, multiplied that by 10 would make it $0.16, which is perfectly inline with the final upside target.
On a downside, the correction down would be quite normal and should be expected. The nearest support is at $0.68 where IOST/USD could retrace. Break below that level could send price slightly lower before uptrend continuation would take place. But in any case, strong downtrend establishment have very low probability at this point.
Golem - signs of a Bull MarketGolem has formed a double bottom at $0.177 several weeks ago. And recently price spiked up breaking above multiple resistances. The strong rise resulted in a break above the 200 Moving Average, descending channel as well as the $0.5 resistance level.
This could suggest that buyers are starting to be active and the trend could be reversing to the upside. The first potential upside target is located at 61.8% Fibonacci retracement level that is $0.8 area, which is also correspond to the 227.2% Fibonacci channel trendline.
After the short lived rally GNT/USD could take some rest and consolidate before continue going up, perhaps the decline will be down to the 200 Moving Average. Nevertheless the trend now seems to be bullish and another wave up could be just around the corner.