BINANCE:BNBUSDT has once again broken out of its positive channel backed by not one or two but countless positive developments for the Exchange. We are eyeing yet another opportunity to score an alpha return for our followers. Levels on the chart!
Coffee is trading near multi year horizontal support of 95 cents. While excessive supply and falling Brazilian real crushed the prices, there is ray of hope ahead. With price almost reaching 95 level which seems safe accumulation level, there can be gains in coming months. Farmers in Brazil are reducing coffee cultivation area will lead reduction in inventories in...
EUR/CHF tests daily cloud and Kijunsen. Successfully broke the trend line to turn bullish. 200sma first target followed by horizontal levels. Please feel free to leave comments and get in touch with us on: Twitter: bit.ly/2o9ItrA Youtube: bit.ly/2Nh8sbE Tradingview: bit.ly/2PCbed1 Happy Trading! Team Bitbloxx
Palladium is flirting with 1500, all time high. While demand for catalytic converter is increasing, supply deficit of Palladium increasing helping rally since many months. 4 hourly chart shows clear negative divergence providing a short opportunity. 1450 remain near term target. Please feel free to leave comments and get in touch with us on: Twitter:...
BINANCE:ONTUSDT may not have performed like many other coins in the recent up-tick, but it must be noted that it has finally managed to sneak out of the down trending resistance originating from Dec '18, followed by a retest of the same. We are of the view that it must be accumulated between current price and the same down trending line. Trade levels are on the chart.
Long term horizontal support of 2.50 in action again. Natural gas catching momentum. Long trade is viable here to aim 10 sma and horizontal level of 2.70. Please feel free to leave comments and get in touch with us on: Twitter: bit.ly/2o9ItrA Youtube: bit.ly/2Nh8sbE Tradingview: bit.ly/2PCbed1 Happy Trading! Team Bitbloxx
Hi, we are back with yet another BNB trade idea. We certainly believe there's room for further upside, considering the right mix between Technicals and Fundamentals (9,200 MA crossover & FETCH ICO driven demand). The logic is to buy the 9MA and 200MA, with stop placed slightly below the positive channel that was broken out of recently. Please refer to the chart...
EUR/CHF rallied earlier in February. successfully retraced back to 4hr 200sma and now moving high. With strong momentum currently, keep stop below 1.1340, there can be short term opportunity to target daily sma at 1.1435. Please feel free to leave comments and get in touch with us on: Twitter: bit.ly/2o9ItrA Youtube: bit.ly/2Nh8sbE Tradingview:...
After a much needed correction, BTT finally seems to be approaching attractive levels. We have shared the regions on chart.
We have identified a trade in TRXUSDT (backed by solid fundamental triggers). Trade levels on the chart!
Our BUY & HOLD picks for next Alts season: ENGBTC KNCBTC WTCBTC These alts have been flat and technical structures suggest major up-tick in price. Green horizontals on the charts are our targeted sell levels.
The 200 Periods Moving Average is undeniably one of the most significant averages that one could follow. We at Bitbloxx made an interesting observation on BTC/USD Weekly (Bitstamp) chart, i,e. near perfect double test of 200MA on the weekly chart. Now we also noticed a similar test around the foothills (June & Aug 2015) of the mega Parabolic curve that ended in...
After breaking out of the up-trending channel (Remember our trade? ) , BNB presents yet another trade opportunity with the only threat being the 200 days moving average. However, considering that all the fundamental catalysts are in place, we are pretty sure its headed for a home run. We suggest followers start buying (exact levels on chart).
Horizontal support of 2017 & 2018 @ 2.50 in play. RSI thriving above 30 after the big fall provides a short term trade opportunity targeting 5sma & 10sma respectively. Stop below the 2.50 support.
We have been noticing some constructive price action in LTC/USDT (Binance) hence sharing this trade with our followers.
A little early to say, but ICX/USDT could be forming a double bottom. We are of the view that 14 Dec '18 lows (+/- ~3%) must be bought as it makes a great trade considering the R:R. Followers are advised to have a safe cash stop in place as we feel Market has developed a habit of wicking out technical stops close to the previous lows. Trade levels on the chart.