BigBitsIO

BigBitsIO

While many alt-coins like BINANCE:BATBTC are roaring at this particular moment, BINANCE:ETHBTC seems to have slowed down some. I've circled several areas on the candle chart in the idea snapshot that shows where ETH bounced from support, with a low Stochastic RSI which swiftly bounced. However, we are coming up against a long downtrend in the market...

BigBitsIO

COINBASE:ETHBTC has been looking pretty strong lately. On the weekly chart it appears to be one of the leading altcoins (as expected) in trading vs. BTC. The weekly chart has several indicators now trending towards bullish bias. The daily chart that I'm highlighting however is not as clear at this moment. I've circled two areas of interest on the price chart....

BigBitsIO Updated 

COINBASE:BTCUSD is having a rough few days. Price is dropping hard and it seems there isn't a consensus of where support will come in. I'm not willing to take a position just yet, but I do want to say that having the RSI already at historic low levels is a bad thing on the daily chart, it does represent some improvement. The major drop from 6k to 3k had RSI...

BigBitsIO Updated 

BINANCE:BATBTC is testing potential resistance. I've circled the past support at this current level in the past on the BINANCE:BATBTC daily chart. I'm not quite sure the market is ready for #AltSeason as BITSTAMP:BTCUSD appears poised for a major move soon. The RSI and StochRSI are nearly oversold or are already oversold. The price itself is approaching...

BigBitsIO Updated 

COINBASE:ETHUSD looks like it's in a favorable position for a long at this point in time. 1 - Price is holding above the 50 period SMA on the 4H chart, while at the same time the price has been trending down in a narrow range over the last few days. 2 - MACD momentum is turning. This does not mean a lot, but in order for it to flip to being bullish again, the...

BigBitsIO

POLONIEX:XRPBTC looks like it is in a good risk to reward position to go long on the weekly chart. The MACD is turning bullish if the weekly close confirms the crossover. Regardless, with the MACD already so low it would be pretty difficult to cross back down again without a major sell off. This is crypto, so I'll have to monitor that situation. Stochastic...

BigBitsIO Updated 

What appears to be a falling wedge, and an extended period of time oversold on the Stochastic RSI makes me strongly consider going towards BINANCE:LTCBTC on the 4h chart. The same isn't entirely true for the daily chart here, but this isn't a longer play anyway. DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be...

BigBitsIO

BINANCE:NANOBTC has been taking a pounding, much worse than many other alts. NANO is still a top 45 coin on CoinMarketCap at the moment despite the continued bleed. Unlike many other alts, it didn't get a lot of relief this last week or so and is just now approaching its 50 day SMA, which is coincidentally a spot which had once serve as support as circled in...