I personally see the project of Status Network Token as a prospective winner for this 2018 year given the quality of their team and their idea. The situation as of now with SNT is clearly bearish, but looking at how the price has acted in the past months, we can still keep an eye on this coin and set up a trade that for the mid term can be very profitable. The...
The price of GTO has seen a nice push up in the past hours, followed by proper volume of buyers. Although the price has dropped quite a bit, the volume of sellers does not come close to the volume of buyers. There is a binance Event this week regarding GTO, which caused the spike in price; and hopefully the interest caused by this event is enough to generate...
There are a few factors that make me feel optimistic towards a possible rise in the price of VIBE in the short-term. We are moving in a bearish descending channel, but here are some reasons why I think we might have a bullish wave in the next few days: -The price has moved around the major long-term support area. Without any recent spikes in the volume of sells,...
Monero has been on an overall uptrend since November. It is now moving within what seems an ascending channel, and very recently it has touched what can be the bottom of that channel judging by the bullish engulfing pattern in the last day's candle. If so, we can expect the price to rebound slowly back up towards the top of the channel. The MACD is also showing...
LTC found the bottom and a support at 105$ and bounced upwards with strength. The MACD and the RSI show a bullish divergence in the 4H interval. In addition, the MACD is showing a cross and change of trend towards bullish. Overall, good signs that LTC might at least test the previous resistances. Buy: below 145$ Target 1: 175$ Target 2: 198$ Trade stopped if...
There are several key things to note from the chart of FCT/BTC: - Recently in a downtrend and moving in a descending channel. It has tested the bottom of the channel at least twice already and now the price is lingering around the top of the channel. We can wait for breakout of this channel upwards to place the buys at the ideal conditions. - The MACD shows...
The chart of DCR / BTC give us some clear signs to be optimistic for thee following weeks: - It is on a clear uptrend since December - Lately it has been moving on ascending channel, and very recently has rebounded from the bottom of this channel - The MACD is about to cross upward, and the Stoch.RSI suggests that there is plenty of room for the price to move...
BTS/BTC This is my first published idea. I welcome all the constructive criticism and suggestions! After the drop in price from the last week's high of almost 0.00005, Bitshares has found a solid support at the 0.236 FIB level. In the support price we find a nice bullish doji and relatively high volume. The MACD has crossed from a downward to upward trend. If...
The price of SYS/BTC has been oscilating between the 0.382 and 0.618 FIB levels since December after the clear upward trend that we witnessed back in November. The price is also moving close the EMA(50), which an give an additional support. The RSI shows plenty of room for SYS to grow, and the MACD is close to a potential cross that could begin another bullish...
The price recently broke downwards from the major previous support levels. However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume, creating a new support at this lower level. The MACD is also giving us a bullish signal. I have placed the buy zone between the pevious and the...