Be careful. Interesting days are ahead. But we are slowly getting toward end of this bearish market, hopefully.
Here is a potential trade setup for SC, which has been doing very good recently. Seems like there may be another potential bullish run with possible high profits. Targets, supports, resistances etc are shown in the chart. I'd consider this short to midterm trade, considering the bearish BTC market. There might be some sideways/ranging and small local pullbacks,...
UBQ has a solid fundamental with strong potential, yet it is very much undervalued as compared to its competitors. Therefore, there is a plenty of room for growth, and it can be a good candidate for long term hold. Here is a 4hr chart. Chart also looks very promising with bullish indicators, giving a signal to a major upward movement (hopefully) soon. Targets...
It has been a while since I posted a trade idea due to the uncertainty of the BTC. Now, here is a new trade idea for EOS, which can potentially provide a good profit. Overall, EOS looks strong and has been doing fine despite bearish market. Targets and buy-in zone are provided in the chart. There is a chance it may take more time to reach the targets due to the...
Here is 2hr chart for Waves-BTC. All the indicators show strong potential for bullish movement. Targets are shown in the chart. I'd wait for the confirmation before opening a trade. The resistance at 0.0011 is a major resistance, and can be considered as a strong signal (confirmation) to place buy orders. It may take some time to pass through the resistance. We...
Here is an idea of how BTC can go in the upcoming days. Although we all hope that it will be fully bullish again, the correction may not have finished yet. Possible bearish rising wedge pattern (assuming the red support trend line is not broken) is appearing on the chart. 17800 will be a critical test point. If it breaks, we are ready to go to 20k levels. If not,...
Here is a brief year-to-date BTC correction analysis. Days to complete the correction (reach ATHs) are also given. How long will it take BTC to reach the ATH? Based on the current movement, it maybe sooner than the previous ones.
Here is an update for BTC trend. Overall, it is gaining momentum. I do not think it will go up very quickly. There is a possible consolidation area shown in the red box (before it reaches to 18k levels), where trading alts can provide good profits. More updates will follow.
Here is the 2hr chart for QTUM-BTC. Seems like QTUM is preparing for a quick upward movement with potentially good profit. Although indicators do not suggest a strong bullish movement yet, QTUM has shown good strength to BTC volatility, that gives us a green light for a possible trade opportunity. But keep in mind it will be a risky trade, so trade what you can...
We reached our targets in my previous XRP-USDT analysis. Here is an updated version of XRP in one-hour chart. Overall, there is a continuation of bullish movement. Rumors (coinbase addition etc) are further promoting the movement. 3 scenarios (waves) are given in the chart. There will be some pullback at or above 3.00 (assuming we breakthrough the current 2.8...
Here is the 1hr chart for STRATBTC. Currently, it is going down, which is good to set up a new trade. We will probably push support 2, and then possibly see a reversal with upward movement to R1 and Target 1. Indicators in 1hr chart support this scenario. I put two trade scenarios for target 1 with potential profit percentages. As always, wait for the...
After a huge run, XRP is in the correction zone. It will test 2.09 resistance line, which is a major one..If it breaks, the potential targets are shown. With the recent BTC bullish mode, it is likely we may see another run. Indicators are not that strong but showing potential for bullish movement. We shall wait and see. Always, wait for confirmation. *** This is...
DASH - Here is an idea for a trade with potentially good profit. Dash has been doing well. Although the bullish signal is not strong yet, it is a good place/time to set up a trade. Targets, buy area and stop loss along with support zones are given in the chart. Overall, Dash is a strong coin, which has great potential to move upward. I'd say this may be a short...
ADA-BTC had a very good start and has been getting a lot of attention. Here is what it looks for the short term..It is in bullish move, and can reach up to profitable levels soon. Might be a good time to set up a trade. First resistance is around 4000 sat levels. Targets are shown in the chart. Of course altcoins mostly depend on BTC movement, but ADA has shown...
This is an update to my previous BTC idea post. See the link below. BTC has been having hard time to fully get into bullish mode. Seems like we formed a new downstream channel and will likely see more drop. There is a strong support at 10500 and 8500 level. It may take some time to drop to these levels. Be careful with your alt coin trades. *** This is not a...
XRP has been going up slowly but steadily which is very healthy. It has not been affected significantly by BTC up and down movement. Here is an updated version of my previous post on XRP. You can find my previous post on XRP in the links to related idea below. - Targets are shown in the chart. Do not forget we are moving in the channel and there will be some...
BTC -- The question "Is the correction over? " - The answer is we still do not know.. Market will decide it soon. Two scenarios are given in the chart. Tough to say one is stronger option than the other.. Although we recently have a bullish signal, I do not think it is strong enough. My opinion is we may likely go down again since the correction may not be over...
Here is an idea for short term IOTA trading. IOTA is doing well despite BTC bullish run. Among 3 resistances shown in the chart, Resistance 2 seems to be the strongest. Once it is broken, the first target (5.5 levels) is easy to achieve. It is possible IOTA can swing back and forth within the support/resistance lines (especially between 3.5 and 4). We need to be...