EXPBTC trade ideas
Expanse/Bitcoin. Big targets for Q1This is an interesting one. An Ethereum fork with better credentials than ETC, especially in terms of the team behind it.
Let's look at the chart.
After a deep bottom, we still see a potential for it to go x10
Expanse got turned away at the 0.236 and needs to find support before it can give it another go.
I expect that support may be the 4h 200 moving average, since the daily 200 still eludes it. We are consolidating just below it at the moment.
However, a break above it, and the 0.236 fib shown here, would mean we will start making our way up through the fib levels.
The first one would be the 0.5 at 0.00098 - which is also very near the psychological border of 0.001 , and a solid tripling of the current price level.
If we manage to break through here, the previous high at 0.00187 will offer some resistance.
My target is the 1.618 fib, at 0.00297 , or a round 0.003
But first, wait for confirmation.
a succesful retest of the 4h 200, and then a break above 0.00052, and preferably a retest of this level as well, with another bounce higher ,
Really, confirmation won't be until we are back above the 0.382 at 0.00078, but if that fails we are already up quite a way from our entry point:
Buying in either on the 4h 200 or on a break above 0.00052, or the trendline for the current move upwards.
First resistance is at 0.00078,
then 0.00098, 0.00187, 0.00297
EXPBTC - Bullish Flag FormationBITTREX:EXPBTC
Time frame - 4H
Despite being an altcoin, it did not drop dead today but instead formed a bullish flag pattern.
Traders might want to take note of the breakout from the pattern for the buy signal.
Approximately 30% is the initial upside which is the .618 fibonacci retracement area.
Good luck!
EXP: Accumulation Zone + Possible Ascending TriangleBITTREX:EXPBTC appears to be in a great position to accumulate as the rest of the crypto market seems to be starting the new year with a rally. EXP may be at the final stage of an ABC correction after its December rally and has bounced off the 200MA on the 1HR (good sign for a possible bullish setup). Add this one to your watchlist.
Expanse (EXP) Few Week Trading OpportunityExpanse is set to go up.
On the weekly chart it can be seen that the sell wall has ended and the price has nowhere to go but up.
On the daily chart we can see that the price already retraced 38.2% which is considered a healthy pullback. Also the price is sitting above the red moving average group which is indicating that a strong uptrend has now a high probability to happen (very often prices find support on the red moving average group).
Entry now at 0.00043094 BTC. We have 3 targets on the weekly chart:
1st at 0.00197211 BTC -> 357% profit (very high probability)
2nd at 0.00247306 BTC -> 480% profit
3rd at 0.00347983 BTC -> 710% profit
Reaching target 2 and 3 is a bit more complicated and will depend on the actual situation in the market, i'll probably come back with update later.
EXP BTC Long IdeaExpanse has been creeping up, and relatively under the radar. It is up a couple hundred percent but still has room to go!
Price action has made it over the cloud on the daily. The tenkan-sen has crossed the cloud. Still waiting on the kijun-sen as well as the chikou span for better confirmation. However, we have a cross of the 13 and 48 ema which is a great sign! And as you can see, the volume growth is looking great!
The rectangles are target areas but I believe Expanse has an opportunity to blow past the previous high, and this is why: Expanse is launching their DAO beta test at the beginning of the new year!
Expanse is the first stable fork of Ethereum and has been going unnoticed - but that will change soon :)
Happy new year everyone!
Expanse - The pullback was what we expected. Get ready!The pullback was exactly what we expected as price has hit a strong resistance level. Would prefer to let the price drop a bit further down before taking a long position. We have 3 TP levels depending on the degree of pullback. Let price action tell us the correct entry point. Another pair which provides fantastic potential for doubling your trading capital!