Poloniex
XRP/USDT POLONIEX RIPPLE 42% growthimgur.com
Ripple should make his next downtrend to support zone third time in a row and it will come back exponentially to previous prices 0.265-0.27$).
There will be enough accumulation for big price spike in short time period.
* Price buy in range 0.1913 $-0.1979 $ right after coin reaches support level .
* Target over 0.26 $ (probably going over 0.27$ but not too far from that, 028% is mby little overextended.
* Return on investment 142-152 %(depeding how "far" will you go% when cashing out your position if bought under 0, 20 $)
* Time period 7 days
STRBTC - Solid earnings possible.Stellar has reversed with a solid uptrend in the Kumo.
Entry possible with a stop loss around the lst resistance line at the 0.00000406 mark.
Enter only with a solid close above the fibonacci retracement.
Very high reward ratio possible for this pair.
Entry : 0.00000435
TP1 : 0.00000494 / 13% earnings
TP2 : 0.00000546 / 25% earnings
SL : 0.00000406 / 6.7% loss
Trade Safe.
$LSK Elliott SequenceElliott Waves playing out very nicely with this coin. Gearing up for the 5th and final wave!
NXC should shoot sooner or laterNXC seems to be dragging across that support line for 3 days or so now. I bought in at 3700 sats and has dropped since, however the market is moving very slowly now which could indicate a bullish trend. Supply and demand is heavily biased towards supply, so price could shift upwards in long term.
BTC double bottomThose who listened to my advice the last time and bought - I congratulate.
Now I want to make an update.
The price approached the next line of resistance. the RSI oscillator speaks of overbought, but the ADX says that the bulls are still strong enough, the MACD is also directed upwards. Also, I noticed a double bottom on the chart of the pattern - a trend reversal pattern.
I recommend placing a buy order slightly above the resistance level - 6350
stoploss - 5700
target is 6950
if the price can not break through the resistance level , it will probably go to the level of 5800-5400.
Bitcoin Chart: two visionsWe could expect a retracement. (ABC wave)
On the weekly chart, everything is telling us that this might go that way.
There are head and shoulders patterns. BTC have already had some in the past. They can help us to find support (and B, C points). The length of the leg of these shoulders is the biggest question.
In the past, BTC always come back in the Ichimoku cloud on the Dayly Chart (check it), at least the base line.
The other way, is that the 5th wave is not finished totally. If its not, we will have to update a little bit our chart, but not too much.
We will see soon what happens.
NEXIUM / BTC AND TWO BULLRUN POSSIBLE SCENARIOS The first scenario (marked all in green)
The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle.
It can be in any of those levels of FIBO to then do the pullback.
Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H.
Second scenario (yellow)
If the price does not make a retracement, a correction, has the challenge of crossing the resistance of the bearish kumo.Also inevitably should form the next candle totally out of the kumo to confirm the trend and go to the target prices 1, 2 and 3 .
We will see how it is solved.
Setting Up for Bullish Pennant BreakoutThe move from point 1 to point 2 creates a strong impulse leg. There after we see a bullish pennant forming which is a continuation pattern signalling that further upside is likely. Look to enter after the break of the upper pennant trend line, which sure be accompanied by a volume spike. Note that the volume has been falling during the formation of the pennant as expected. The length of the movement from point 1 to point 2 gives us a target when projected upward from the breakout point (approx 0.00000815). This also coinsides with the 1.618 fibonacci extention of the impulse leg point A to point B. Further upside is limited by upper resistance created by previous highs. Place a stop loss just below point B as this is a significant previous high and would signal a move below the base of the pennant. This trade offers a risk reward ratio of 1:2.5.
Stellar Trading OpportunityIt looks like the market reached the bottom. We see that 0.024 support level could stop falling market. If the market bounces from it, this new swing low will be higher that the previous one. It will be good confirmation of possible upward movement.