HOT Altcoins Trade Ideas - page 16. | Bitcointalksearch.org

cryptopost

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Bitcoin Upside Target Reveled

Many of us wonder how far Bitcoin will go with the next wave up. Will it hit $10k, $20k or even $50k? Given the fact of a strong bullish run, Bitcoin will need more time to produce an all time high. Market has to take a longer break and consolidation could continue for another 6 months.

The current rise of the Bitcoin could result in a strong growth, very unlikely that it will break above $20k in the medium term, but it is very likely that the price will reach $18,000 – $19,000 area. For some reason $18,888 just comes to the mind 🙂

Technically speaking, price has broke above the descending channel and rejected the uptrend trendline, followed by the break above the 200 Moving Average (which later this year should act as the support). The trend now seems to be bullish and in the next couple of months Bitcoin is expected to hit 88.6% Fibonacci retracement, that is $18,300.

Source: http://cryptopost.com/bitcoin-upside-target-reveled/

cryptopost

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Cardano Could Go Over $4 In 4 Months!

Cardano is one of those coins that could potentially be the next “big thing”, and many people are speaking of it that way. While the circulating supply of the coin is definitely huge, the value is determined by other factors. The solutions Cardano is trying to bring are simply brilliant and if they will succeed, the value should skyrocket and could potentially outperform Ethereum in the medium to long run.

Statistically, coins with huge potential are moving upwards buy 40 times in a strong bullish market and this could be applied to ADA/USD. The bottom has been found at $0.12, and multiplied that by 40 would give us a $4.8. Yes, this is the price for 1 Cardano that could be expected in a not so distant future, and this price corresponds to the 361.8% Fibonacci retracement level.

This target could be reached in the next 3 to 4 months if the bullish momentum will continue, and by the end of the year we could see Cardano price at $8 and above. Perhaps this is a very optimistic scenario and many would say its unreal. Just remember what people where saying about the Bitcoin when it was worth less than a $1.

Source: http://cryptopost.com/cardano-could-go-over-4-in-4-months/

smutexar

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Given the volatility, the option with crypto personally is not very suitable for trading, I use it for long-term investments. But for the trade itself, the option with altcoin is better.

KJMZNine

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Activity: 504

Merit: 250

A good long term trade could be SENT this year. Maybe this is one of the good coins that will explode guys. They are doing great work and I like the idea behind the project, they already have a working product and they only raised 2 million in their ICO.

wiak2

sr. member

Activity: 560

Merit: 250

An excellent option for investment, especially when working with altcoin - to conduct a thorough analysis and study of a particular project. It is better to buy promising coins when they are offered at a discount.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

What news about projects like bitcoin? I think today all day, why the correction has begun and with what it can be connected? I'm not an expert, I'm an ordinary Holder and have nothing to do with trading at all, but my savings are still decreasing and I care.

clavirda

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Activity: 420

Merit: 10

I think investors should pay more attention to the altcoin market. After all, he has a really good future. Of course, the leader will remain bitcoin, but I prefer to decentralize my investments.

Matdog

copper member

Activity: 462

Merit: 100

Quote from: Cryptomania12 on April 25, 2018, 10:57:24 AM

I think it will be beneficial to trade the coin of the tron because of its high volatility in the future.

Yes I also think so for that I prefer to invest in coin coins that have potential in coinmarketcap,
because basically there are all stable coins and I choose the most promising from there

cryptopost

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Activity: 462

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Monetha VS Bitcoin Could Go x3

Monetha has found the support at 76.4% Fibonacci retracement level which has been rejected multiple times. And this week price managed to break above the downtrend trendline as well as 2/1 Gann Fan trendline.

This could result in the beginning of a correctional move upwards or perhaps a long term uptrend. The upside target is seen at 23.6% Fibs that is 3460 satoshis. When/if this target is reached, Monetha should be worth 3 times more against the Bitcoin.

On a downside, if MTH/BTC will break and close below 1000 satoshis psychological support, the consolidation could extend further, potentially sending price slightly lower.

Source: http://cryptopost.com/monetha-vs-bitcoin-could-go-x3/

Cryptomania12

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I think it will be beneficial to trade the coin of the tron because of its high volatility in the future.

cryptopost

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Storm VS Bitcoin Uptrend Continues

Strom has been showing great performance recently and has already gained 90% over bitcoin since it found the bottom at 384 satoshis. Clearly STORM/BTC trend is up as price continues to produce higher highs and higher lows.

The resistance at 580 satoshis has been broken and recently has been acted as the support which has been rejected. The next potential upside target could be the double top, near 900 satoshis area.

On a downside, price could correct down to test the 580 support once again, but only break and close below the 460 satoshis could invalidate bullish outlook.

Source: http://cryptopost.com/storm-vs-bitcoin-uptrend-continues/

cryptopost

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Genesis Vision Buying Opportunity

Genesis Vision found the support at 76.4% Fibonacci retracement, which has been rejected twice, forming a double bottom. The following wave up resulted in the break above the downtrend trendline and then 200 Moving Average.

Current price action suggests a potential trend reversal or a strong corrective move up. The resistance is seen at 76.4% Fibs applied through the all-time high, that is $40 area.

On a downside, the closest support is at 200 Moving Average which has been rejected already. Price could once again test it and produce a spike below prior to the wave up. Although only break and close below the $15 support could invalidate bullish outlook.

Source: http://cryptopost.com/genesis-vision-buying-opportunity/

cryptopost

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Groestlcoin – How Far Can It Go?

Following the previous idea on Groestlcoin, it has reached the upside target and broke above it. GRS coin remains one of the leaders in the recent performance. Since price has bottomed out at $0.26, the increase in value was 760%, resulting in the GRS/USD moving as high as $2.3 in just over two weeks.

The upside momentum remains very strong and the rise is likely to continue. The next resistance level is seen at $127.2% Fibonacci retracement level, that is $3.5. And the much stronger, key resistance is at 161.8% Fibs, that is $4.5. If GRS manages to break above the final resistance, then only sky is the limit, while the rejection of any of the resistance level should result in a several months of correctional move down.

On a downside, there are several support levels to watch, the nearest is at $1.27, that is 50% Fibs. The second is $0.58, which is 61.8% Fibs from the previous wave up, and remains the key support level. Break below first support at $1.27 could send it back to $0.58 from where the uptrend should continue. But only break and close below $0.26 should invalidate bullish outlook.

Source: http://cryptopost.com/groestlcoin-how-far-can-it-go/

cryptopost

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Enjin Coin Acceleration

Enjin coin has formed a strong bottom at $0.09 area, where price bounced at least three times. Since the beginning of April ENJ/USD price was consistently moving up while bouncing off the uptrend trendline.

The rise has resulted in the break above the 200 Moving Average followed by the downtrend trendline break. This is the first strong signal of a potential trend reversal, that could result in a 230% growth from the current price.

The first strong resistance is seen at $0.32, which is 127.2% Fibonacci retracement, applied to the corrective wave down where double bottom was formed. The second and key resistance is based at $0.5, which is 227.2% Fibonacci retracement level.

On the downside, Enjin coin could correct down to the $0.1 psychological support before growth continues, but only break and close below the $0.09 support could invalidate bullish outlook and extend the consolidation.

Source: http://cryptopost.com/enjin-coin-acceleration/

cryptopost

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Augur Short Term 80% Growth Potential

Augur has found strong support at $23, and started to move higher breaking above the downtrend trendline. But what is more important is that this week REP/USD managed to close above the 200 Moving Average, not to mention that the price continues to produce higher highs and higher lows.

The trend now seem to be very bullish and the Augur rise is likely to continue. The very strong resistance, that is potential upside target, is seen at 50% Fibonacci retracement level, that corresponds to the previous uptrend trendline. Only break and close above $75 resistance level should confirm a long term bullish uptrend. However, rejection of it, could result in a consolidation and potential correctional move down, back to the $40 area.

On a downside, price could return to the downtrend trendline breakout point, that is $27, but only break and close below the $23 support would invalidate bullish outlook.

Source: http://cryptopost.com/augur-short-term-80-growth-potential/

cryptopost

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Verium Starting An Uptrend

Verium has found the support at $1.74, where it formed a double bottom, along with the bullish divergence on the RSI oscillator. The price went up breaking above the descending channel and the 50 Moving Average.

As VRM/USD continues to produce higher highs and higher lows, the price is likely to continue increasing. The first resistance is seen at 76.4% Fibonacci retracement level that is $5 area. Break and close above tha resistance should send price much higher where the upside target is seen around $12 area.

On a downside, Verium could correct back down, towards the 50 Moving Average which already acted as a support on the 16th of April. But only break and close below the $1.74 support could invalidate bullish outlook.

Source: http://cryptopost.com/verium-starting-an-uptrend/

ttranhoan215

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Thank you very much for your information, you can be sure that such studies are very productive for all of us ?

cryptopost

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Verge Short Term Bullish Outlook

Verge has found the bottom at $0.023, where it formed a bullish divergence on the RSI oscillator. Price then started to produce higher highs and higher lows suggesting the beginning of an uptrend.

XVG/USD broke above the 200 Moving Average and the Descending Channel, reaching $0.11 high. Although price hasn’t tested the 38.2% Fibonacci resistance level and corrected down to the 200 Moving Average where it currently found the support. From this price is it likely that the growth will continue towards the Fibonacci resistance at $0.12, which is the very first strong resistance for Verge. Break and close above that resistance should trigger stronger growth, while rejection could result in consolidation.

On a downside, XVG could still get lower towards the uptrend trendline before moving higher. But only break and close below the $0.023 support could invalidate short term bullish outlook.

Source: http://cryptopost.com/verge-short-term-bullish-outlook/

timknip

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DrYe5

sr. member

Activity: 490

Merit: 250

Quote from: ?? on ??

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Topic: HOT Altcoins Trade Ideas - page 16. (Read 16080 times)