At the end of June Byteball has tested the low at $100, which is a strong psychological support. After bounce, price went up and broke above the downtrend trendline, corrected down, and went up again, this time breaking above the 200 Moving Average. GBYTE/USD then bounced off strong resistance area at $150 and went down sharply. Currently it is trading at the...
Following the previous idea on Bitcoin, the 4/1 Gann Fan has been rejected, along with the 61.8% Fibonacci retracement level at $6170. BTC/USD started to move up and currently reached the 61.8% Fibs at $6550. This is a very strong resistance for Bitcoin, because it is also corresponds with the 200 Moving Average. In order for the uptrend to begin, price has to...
On the 29th of June, Bitcoin has formed a double bottom near $6k key psychological support. At the same time BTC/USD rejected the 4/1 Gann Fan, which also occurred back on the 6th of February, where BTC has rejected 2/1 Gann Fann trendline. Recently, on the 27th of July, Bitcoin broke above the 200 Moving Average on the daily chart, which is a strong indication...
Since 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week. Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel,...
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...
Quantstamp found the bottom at 925 satoshis on the 29th of June. Then price went up sharply breaking above the 50 Moving Average and the downtrend trendline at the same time. Price has reached the 1390 satoshis high, where Quantstamp has gained over 50% against the Bitcoin. The corrective wave down followed and price found the support at the downtrend trendline,...
NEO has found the bottom at btc 0.0046 level, that has been tested on the 29th of June. Then price went up sharply and broke above the 50 Moving Average, while reaching the btc 0.0065 high. On the current corrective wave down, price has found the support at the 50 Moving Average, 3/1 Gann Fan trendline as well as the 50% Fibonacci retracement level at btc 0.0055....
BLOCKv has found the bottom at 256 satoshis, where RSI oscillator formed a bullish divergence. Price went up and broke above the downtrend trendline and the 50 Moving Average. On the small pullback, VEE/BTC rejected the Moving Average and produced a new higher high. The higher highs and higher lows pattern currently presenting itself, suggesting the continuation...
After Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times. At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact...
Tron recently formed a bottom, hitting 612 satoshis low. At that point it rejected the 3/1 Gann Fan trendline, which has acted as the support. Yesterday, under the heavy volume, TRX/BTC broke above the 4/1 Gann Fan trendline as well as the 50 Moving Average, suggesting the beginning of an uptrend, or a corrective wave up. Today price corrected back to the Moving...
Recently Internet Of People has reached the low, hitting 11122 satoshis low. At the same time price failed to close below the 261.8% Fibonacci support, applied to the corrective wave up after the uptrend trendline breakout. Today IOP/BTC started to rise and aready gained 23% since it reached the low on the 24th of June. Therefore, while/if the support is holding...
On the 24th of June, Viberate hit the low at 1080 satoshis. This is the 127.2% Fibonacci retracement level applied to the previous corrective wave up. At the same time this is the area of the key psychological support, that is 1000 satoshis. Technically speaking, it might be a very attractive price for buyers, which could result in a trend reversal or a...
SpreadCoin found the bottom at $0.23, that has been tested on the 13th of June. Since then price went up and today breaking above the 200 Moving Average, not to mention that price produce a new higher high. This could be the beginning of a corrective wave up, or even a trend reversal. The very strong resistance is near $0.5 area, that is confirmed by two...
ICON seem to have found the support at $1.85 area, that previously has been rejected twice, back in the beginning of April. At this support a Doji candle was formed on a daily chart and at the same time RSI has formed a bullish divergence. This could be the point of a trend reversal, at the very early stage. Obviously it is too early to speak of an uptrend at...
AppCoins has been steadily moving down since the beginning of May. Price has decline from 8455, down to 3900 satoshis, loosing 54% to the Bitcoin. On the 27th of May, APPC/BTC found the support at 23.6% Fibonacci retrenchment level, applied to the uptrend trendline breakout point. Today AppCoins is attempting to form a double bottom at the very same support area,...
Since February, when Bitcoin found the low at $6k, price continues to consolidate within the triangle patter. Currently BTC/USD is trading very close to the uptrend trendline and the support level at 78.6% Fibonacci retracement level. Could it be the turning point for BTC? Yes, it certainly could be. Current price seems very attractive and could provide a good...
BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend. The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC...
Etherparty currently trading near $0.05 support area, after it has rejected 61.8% Fibonacci at $0.0488. Price continues to consolidate without any major moves. However, while the support is holding the price is very likely to start moving higher. The nearest upside target is where the upper trendline of the descending channel has been rejected previous, which is...