After more than a 50% run up in $NEO the past few days, I expect a bit of a pull back here. We're also hitting the top of the channel and getting a TD9 sell indicator on the hourly. I will start scaling in under .008 if it even gets down that low. *THIS IS A SHORT TERM TRADE!* NEO will be a great coin to hold this year, lots of room to grow and plenty of...
After a breakdown out of a rising wedge this morning, we'll get a move back up to retest the previous support (and also the MAs in that area), after which we will head back down to around 10k. This will give us a higher low however, and I think it might be the last time to fill up your baegs before BTC never sees 10k again. ^ maybe slightly kidding.
After a few days of consolidation $DNT (District0x) breaks upwards out of bullish pennant. It will come back down nicely to retest previous resistance and also find some support at the 50 hour MA. Look for more upside here. * Arrow not indicating a target, but a general direction. Take profits as you please, as this is a long term hold for for me since ICO,...
$XVG is bouncing between support and resistance, pick some up in the 950-1000 sat range and look to take profits around 1400-1500. Set stop loss around 900 if it breaks below of support. **Be aware of what BTC is doing, if it starts pumping we allllllll know what's gonna happen to Alts.
In the next couple days we're gonna get a golden cross on the Dogecoin daily chart. The last time we say that was last April, which gave us a move of about 300%. I expect Doge to come back down and bounce closer to the MAs (around 50 sats) in the next few days, and then continue upwards. A similar movement would put us around 240 sats, a 250% gain (also...
XEM has broken off of it's current trendline, indicating that it might be ready to break out. We have it breaking out above the cloud with the Tenkan moving above the Kijan. Macd also indicates strong momentum upwards, and we hope the STOCH will continue it's move back to the top of the channel. Short/Midterm target (1-2 weeks) is around the first resistance...