If there is one thing you keep on hearing from me is about Bitcoin not being in "bull run mode" yet. Yes, Bitcoin has been going up for an entire month now, but we are still within a huge downtrend, and the Altcoins market, which is the most relevant to us (me and my supporters), continues in its long correction. So what to expect next? We will still keep on...
SteemDollars (SBD) - available on Bittrex, HitBTC and Poloneix, has been going down for quite a while now, since early December, and has the potential for a strong "leg up". You know I am always saying that coins need at least 2-4 months of consolidation before doing anything "significant" once a top is reached. Well, SBD has been retracing for 3+ months. It has...
I've been looking at Kyber Network (KNC) on Binance for a while now. I've been receiving messages asking me to review this coin many times, so I always kept my eyes on the chart waiting for the right signals to trade this coin. So are the signals there? Let's take a look at just a few of those... Note: Before we even get started... Please allow time for this...
Status Network Token (SNT), one of my first very strong public trades, shared on Trading View around the 15th December, has reached bottom and it is breaking out again today. Let's take a quick look at this coin for a quick and profitable trade. Status Network Token (SNT) Trade Analysis by Alan Masters *** CHARTS, SIGNALS & INDICATORS Before we get started,...
There are many reports that the Altcoin CloakCoin (CLOAK) is being added to Binance soon. Just this one piece of data can make this an incredibly profitable coin to buy and hold for the next few days. CLOAK is available for trading right now on the major exchange Bittrex and some other minor exchanges. Binance is the biggest exchange of all. When a new coin is...
Here is a trade based strongly on fundamentals. We are trading Etherum Classic based on a very strong piece of news, news that the entire cryptocurrency markets love, Hardfork / Airdrop. I've been recommending Etherum Classic since December 10th, you know we trade LONG term. Long term is safer and produces the best results. Our first buy-in range was between...
I've been looking at SALT for the past few days, and soon you can see why. But before we get started, let me remind you that this will be a short term trade. We are going to get in and out, in a matter of days, with the purpose of securing some profits right away. Lets start by taking a quick look at the daily chart (you can see it above): - On this chart...
This is a quick update to share with you Bitcoins next strong support level on the daily chart, the next "buy zone". Look for these levels for potential reversal signals as well for opening a new positions (reload). After the ascending channel that started on the 6th February was broken, we now enter a new wave where we start to trade lower. So this ok, we will...
Back in late January, even though I don't make predictions, I predicted that the Bitcoin price would start to move up, or at least stabilize after the 15th February. This prediction came true, but I later updated it saying, "the Bitcoin price will either stabilize or start going up by Mid / Late February". We are already in Mid / Late February, and the Bitcoin...
ReddCoin is having a very strong breakout, but what will happen next? I was looking at ReddCoin (RDD) earlier trying to figure out if this was a real breakout or just a manipulated pump. I couldn't figure it out at first, but it is looking real now. Above you have two charts: (1) 2 hours chart on the left and (2) a daily chart on the right. Now, before we get...
Bitcoin is now challenging strong resistance, which is the trend line (red dotted) created from the all time high reached on December 17. This resistance point is sitting around $11,470, on BitFinex, and Bitcoin reached $11,660 today but the price quickly retraced. At this moment, based on the daily chart time frame, we are trading near the 50 SMA price line...
THC is looking very bullish right now, with a huge breakout happening on all the short term time frames (from 1h to 4h). I am seeing full green candles on the 1 hour chart, 2 hours chart and 4 hours chart. The daily chart is also looking strong. The breakout already happened, but we are yet to close on the daily, but looking at the charts tells me that is plenty...
Vertcoin (VTC). Just like our recent trade AppCoins (APPC) on Binance, I received many, many messages from great people all around the world asking me to look at Vertcoin. To me, this is just another positive signal. You know that the Altcoins market has been growing through a rough patch lately, this happens at least twice a year and is completely normal. But...
I've been looking at AppCoins (APPC) for quite a while now, waiting for the right moment to share this Binance coin. By the time I took a second look today, the price was already taking off. The retrace period is over, is time to try for another run. Let's see what the charts have to say first, we continue with the instructions to trade this coin. AppCoins...
A very young chart, as usual for Binance trades, so let me start with a caution: There is no history for this coin. It has been going down since it was added to Binance, and after reaching a low point, it is now breaking out and going up strong. Trade at your own risk, which is always true, but know that the markets are "choppy" and the trades being shared now...
I am now looking at VIBE on Binance, another young chart, but a solid looking good. We go short term again, to reduce risk but the market is good today. As you saw my AppCoins (APPC) trade, I will be sharing short term and long term targets. The fact that the chart is young, a top hasn't been established yet, so we go short term to reduce risk and long term for...
Let's take a look at Bitcoin vs USD on the short term, the 2 hours chart. Since reaching our Bottom on the 6th February, at $5,920 on the BitStamp chart, Bitcoin has been going up strong. I was expecting for Bitcoin to retest this bottom almost right away, I noticed many other Bitcoin analyst were getting the same signals from the charts but yet, this didn't...
When I saw Tron (TRX) on Binance going up yesterday, I wanted to post an update to suggest caution. As Tron is part of the cryptocurrency markets and the market is going through a huge correction. I know that many of the Tron traders are beginners, as Tron was only available on Binance first and Binance took the job of taking in all beginners crypto traders....