If we will forget about the fundamental issues with EOS and also will not fall into the hype waves, it looks pretty good globally.
The wedge was broken and the new rising channel was confirmed. 1000 satoshi is the level to break, after holding above that we could say that the old downtrend is completely in the past. Not a financial advice.
One more confirmation of the wedge by testing the resistance line. Looks promising! Not a financial advice.
The price is holding nicely. If BTC will show some growth there could be a bull flag formation with 100% growth from the current level. But taking into account the usual inertia of XRP, we could expect it to touch a phycological level of 1$. Not a financial advice.
Forming a confident slowly-rising channel on a higher volume. Not a financial advice.
Zilliqa had a crashing fall, which finally stopped, and now it is clear that the new trend is at the start. The price is well-above the support, and very flat. A nice trade would be to buy at the retest of the support, but one should carefully look at the current small rise, since it may be the starting point of a rally, while bitcoin doesn't show any signs of the...
Quarkchain is very likely the only coin out there that had a constant and smooth rise from the low (for QKC and other altcoins) at the mid of August. The obvious rising channel has formed, and it looks very confident. However, as soon as everybody see that, it becomes a perfect target for the manipulation, so we should be careful, although the temporal drops in...
In a long-term, Ontology is one of the most promising coins out there. However, as, perhaps, all the altcoins these days ONT got driven by the bitcoin price action. Now it is above the strong support level, but if BTC will go down to test 6k, ONT will very likely break the support and reach the previous low. However, after that it is reasonable to wait for a huge...
The falling trend of WAN got slowed down, and currently we can see that the price goes mostly sideways. Considering the huge volume at this area, it is very likely that we have a massive accumulation, which eventually will lead to a significant rise, and at least will serve as a nice support. Not a financial advice.
As simple as it was before: with a rather long trading around the global support, NEO is rather likely will switch to a new – higher –zone (maybe, after the short drop before that). If it will be followed for one more step upwards, we could expect a new rally very soon. From my standpoint, NEO will be the one of the strongest players in a future bull-market....
The indicated support level was tested a couple of times before, and it is very likely that it will be tested once again and the short breakout will be there, similarly to one that happened before. A very nice point for the start of the rising trend. Substratum may be a bit slower than the higher cap coins, but eventually it, IMO, will have one of the biggest ROI....
NEM. Newcomers don't know much about it, but actually it the one of the most developed projects out there. The fact that the price is so low now doesn't mean anything, crypto is so much speculative. The thing is at the moment NEM is traded around its global support level. Of course, it could fall to an even deeper level. But! It has a very long sideways trading...
The breakout of the wedge didn't work. Still crawling below the resistance line. A previous (global) support is a very tempting level to bounce off from. The reversal at that price is too obvious to believe in, but often the simplest way of price evolution is the most possible. Not a financial advice.
I am not a big fan of Ethereum, but I hope that my evaluation is not biased. It just doesn't look good. A simple play between the trading channels with a high chance to return to a lowest one and even a breakout to a lower low (like 150$ or even 100$, depending on bitcoin performance, if we switch to a dollar-wise chart). The only positive thing a huge volume,...
Cardano didn't show its full power yet for sure. 0.06$ as the lowest level could give like 20x if it would approach to a previous ATH. The double bottom reversal pattern played out perfectly, and tat the moment the cup and handle formation may play out here too. Look carefully at the critical support/resistance levels. Not a financial advice
QTUM, being fundamentally strong is, IMO, rather undervalued. Currently, after the breakout of the global support level a small cup and handle formation is rather possible. Like many other altcoins it is at the edge of the breakout upwards, and considering the depth of the previous fall, it could rise very high, of course, if bitcoin will show some confident...
The support was set. But being such an obvious level, it is a target for an attempt of the false breakout before the confident rise. The length of the accumulation at the bottom here could be longer than for the other alts, but then eventually it must be released to a significantly higher ATH. Not a financial advice.
Look at the volume here. I hardly can believe that after such a long fall this is merely the sell for the further huge drop and continuation of the accumulation. Ultimately bullish! Not a financial advice.