Iconomi has shown support on previous resistance levels, with signs of a triple bottom within a descending triangle, leading to mixed signals. A break above current downtrend and MA50 could lead to a trend reversal, with Entry/Exit levels shown on the graph. WNZ Get live updates and analysis of the cryptocurrency market: t.me
PAYBTC on a rising channel, bouncing from uptrend line. a confirmed break of downtrend could lead to new ATH, but more concervative TP levels can be found along upper line of the channel and previous resistance levels. WNZ Get live updates and analysis of the cryptocurrency market: t.me
OMGBTC currently on an ascending channel, seems to have formed double bottom and double tops. Double bottom found resistance before reaching pattern TP. Double top just formed. If pattern is not fulfilled could lead to new ATH with resistance on Fib rET levels shown. Going short or long is up to your current holding. Key levels are shown in green and...
NEO is currently on a bullish rally. And in short-term consolidation forming a symetric triangle. Current levels are above historic uptrend (light-yellow), but still there is possibility for short-term profit according to TA. Entry/Exit/TP levels are shown in the assumption ATH at 0.01398 will break, this could lead to the next level near 0.0187 with a R/R of...
NEOBTC is currently breaking downtrend from a descending channel. This could be a response to short-term BTCUSD price stagnation/reversal. Proposed entry levels are on the chart. RSI confirms upward movement, and market is about to cross MA20. WNZ Get live updates and analysis of the cryptocurrency market: t.me
By Mid-July, a clear flag pattern was formed on the weekly chart, with entry levels proposed after 8/2. Resistance zones did not pose any threat to the uptrend. Now +4800 Target seems close. And 5214 real. However, for those looking an Exit Signal to take profits I have prepared this Chart Inversion of the price. Since this is an inversion, the uptrend is...
ZCash is currently on a downtrend from the major resistance zone at 0.074-0.077 ZECBTC. However, price found support from last week uptrend. A close above immediate downtrend, may lead to a short-term uptrend to 0.0692 ZECBTC Entry and Exit levels shown in the graph Although market is close to historic support levels, last resistance zone failed break could...
With this idea, I want to get ready for a possible rally after Segwit 8/2. On a weekly basis, a Flag pattern seems to have formed, and TP levels on the pattern are very close to Fibonacci Extension 1. Since these are new high levels, is usual to get resistance every 100$ and 500$. Go long over resistance break, and place stops under resistance. This idea is for...
Monero is showing bullish signs, MA20 is over MA50, RSI confirms it, but is near overbought. Market is seems to be testing prior resistance level, if trend gets confirmed, go long. Risk/Reward is over 5. XMRBTC pair is bearish, and slightly bullish on the last 5 bars on the 4H chart. WNZ Get live updates and analysis of the cryptocurrency market: t.me
REPBTC pair, after a long downtrend, is showing signs of recovery. This could be a successful break from this line, however, short-term excursions have occurred recently. Stop-buy is placed above this candle with a conservative take profit level based on the previous resistance zone. However, price can rise beyond that level if the market response is...
ZCash is showing strong signs of trend reversal on the daily chart. A major resistance level has been broken, after confirmation of such break with the next bar on 4H or 6H charts. Entry levels are shown on the chart. ADX is moving from Range to trend and +DI and MACD are beginning to confirm bullish market. WNZ Get live updates and analysis of the...
After several days from this NEOBTC rally, there seems to be still opportunities to go long. A symmetric continuation triangle has formed, and also a double bottom at the 0.0045 level. Uptrend continuation seems to be confirmed with RSI and MACD (not shown). Before placing and order, it would be less risky to wait for the cross of the MA20 over MA50. Market is...
STEEMBTC, while sitting near a major support zone, has formed a rising channel within the 4H chart. Mayor downtrend from a descending triangle is really strong, and price close to the line. Should a bounce be confirmed from the support zone, new entry opportunities might emerge. BTC uncertainty is playing a major role on this trade. WNZ Get live updates and...
IOTUSD pair, is currently showing signs of a trend change, which could be a bearish reversal or range conditions. On the last two peaks, bearish divergence is not as strong as the first pair. Still, market is moving within a bullish channel. Resistance lines from previous swings are shown in red. MA20 and MA50 are almost crossing, showing signs of an imminent...
After the rally, OMG is moving on a big ascending triangle, which is a bullish continuation pattern. Market rejected the downtrend on the 0.382, 0.5 and 0.318. The published long position only poses a Risk/Reward of 0.8. Only small volume orders should be considered
ZECUSD broke major downtrend, and is now on an uptrend channel. Based on risk/reward, is close to the same level (1) on both entries. ZECBTC is another story. This trade will allow you to diversify your portfolio.
Zcash had a dramatic rally along with the rest of the crypto market. There is still not enough data to post a proper weekly analysis, but based on the rally and crash, major support and resistance levels can be drawn. The $165 has proven to be a major support with some exceptions on the downside. Falling below the blue zone under $140 should trigger stops on...
Market seems bullish. A retracement within the grey resistance zone might occur, towards 225, with entry opportunities. Or entries over resistance zone seem safe and with a high Risk/Reward ratio. 2 candles (2 days) over the zone should confirm the trade. RSI is heading north and +DI/-DI lines just crossed. ADX heading towards range, so market could take a...