HOT Altcoins Trade Ideas - page 18. | Bitcointalksearch.org

cryptopost

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ICON vs Bitcoin Short Term Bullish Potential

Icon has found the bottom at 2140 satoshis and under the heavy volume went up, breaking above the downtrend trendline. Price has reached 4744 satoshis high and corrected back to 2900 satoshis, which is the breakout point of the downtrend trendline.

There price has formed a bullish divergence on the RSI oscillator, suggesting that the uptrend is likely to continue. The first strong resistance is seen at 227.2% Fibonacci retracement, that is 7200 satoshis area. Break and close above that resistance would most likely trigger a heavy uptrend resulting in the exponential growth. On the other hand rejection should result in a correction or a consolidation.

Break and close below 2500 satoshis should invalidate short term bullish outlook and could extend the consolidation and perhaps send ICX/BTC slightly lower.

Source: http://cryptopost.com/icon-vs-bitcoin-short-term-bullish-potential/

cryptopost

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Cindicator Is Too Cheap?

Cidicator has decreased from the all-time high of $0.38, down to $0.055, loosing over 80% to the USD. However, CND/USD found the support at 88.6% Fibonacci retracement level that has been rejected cleanly.

As the support is holding it is likely that the long term uptrend will resume from this point onward and could easily multiply by 10 times, considering how cheap the token price is currently. The first strong resistance is seen at $0.58, that is 161.8% Fibonacci retracement level, and just over 10 times target from the current price.

The only way consolidation can be extended is if Cindicator weekly close will be below $0.055 and those who likes safe entry, perhaps is better to wait until CND/USD starts to produce higher highs and higher lows.

Source: http://cryptopost.com/cindicator-is-too-cheap/

CryptikEnigma

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I do not know half of the coins from your list, but thanks anyway. I'll try to choose a few for long-term investment.

BrBoy

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I prefer to invest in coins from TOP20 on a coinmarketcap, because basically there are all stable coins and I choose the most promising from there

ui_zakharchenko

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Thanks a lot for the list, but I prefer to buy on the long-term prospect only the Etheryum, now I did not buy anything else...

cryptopost

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Nexus Could Double In Value Soon

After hitting the low at $1.2, Nexus went up and broke above the triangle pattern. But then it consolidated for a while and now seem ready to start producing higher highs and higher lows.

Fibonacci applied to the corrective wave down after the downtrend trendline breakout, shows that the nearest strong resistance is at 361.8% retracement level, that is $2.3. Although if that resistance is broken the next upside target could be at $3.25.

In the worst case scenario NXS/USD could go back down to the downtrend trendline before moving upwards, although the recent spike up shows more of a bullish intentions in the short term.

Source: http://cryptopost.com/nexus-could-double-in-value-soon/

cryptopost

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BitBay VS Bitcoin Upcoming Wave

BitBay has found the support at 464 satoshis, that is 127.2% Fibonacci applied to the corrective wave up after the 820 satoshi support breakout. The Fibonacci support has been rejected cleanly followed by a strong wave upwards.

The correction down followed along with the consolidation, where BAY/BTC has been trading around 500 satoshis nearly two weeks. But now volume in increasing once again and BitBay could be ready to go up.

The strong resistance is obviously at 820 satoshis and this could be the very fist upside target. Break and close above it should confirm long term uptrend.

Source: http://cryptopost.com/bitbay-vs-bitcoin-upcoming-wave/

dimon01

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I was disappointed in the holding of coins, because given the trends in the market, it is almost impossible to choose something really worthwhile.

cryptopost

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I/O Coin (IOC) Could Grow x15

I/O Coin has approached a massive support at $0.7 that has been formed back in July 2017. First this price was acting as resistance level, that during the period of March – May 2017 it struggled to break above. But then after the breakout if found the support at that price and produced a n all-time high, hitting $8.2.

Once again IOC/USD is trading at this key price which could once again trigger the trend reversal sending price to the new all-time high. As the upside target, the $10 could be a reasonable price. Not only its a strong psychological resistance but also a technical resistance confirmed by two Fibonacci retracement levels.

But can it go any lower prior to the potential reversal? Yes, it can go lower and/or could still consolidate for another month. The very attractive price would be around $0.5 and the probability that it might go that low remains. Nevertheless it seems that the buying opportunity is already presented and investors could start picking up I/O Coin near $1.

Source: http://cryptopost.com/i-o-coin-ioc-could-grow-x15/

cryptopost

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Decred Rejected The Support

Decred seem to find the support at 88.6% Fibonacci retracement level that is $37. Price rejected the support together with the 8/1 Gann Fan trendline. The following wave up resulted in the break above the downtrend trendline, suggesting either a correctional move up or a trend reversal.

The resistance is seen at $80 area, this could be the first upside target for the potential upcoming wave up. Second resistance is near $90, that could be the decition point for DCR/USD. Break above $90 should establish a long term uptrend while rejection would result in a correction down.

On a downside, daily break and close below $37 support should invalidate bullish outlook and extend the consolidation.

Source: http://cryptopost.com/decred-rejected-the-support/

cryptopost

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QuantStamp Ready To Moon

Quantstamp has found a very strong support at $0.08. The support is confirmed by two Fibonacci retracement levels. First is 38.2% Fibs applied to the uptrend trendline breakout point. Second is 127.2% Fibs applied to the corrective wave up after the trendline breakout.

Clearly the support has been rejected and price produced a double bottom on the lower time frame. This could suggest the reversal of the trend and should potentially send QSP/USD to the new all-time highs.

There are two major resistance levels that should be watched while the Quantstamp is climbing up. First is $1, that is 127.2% Fibs and also a strong psychological resistance. Second is $1.25, that is 161.8% Fibs. Break above the $1.25 resistance could result in yet another wave up, while rejection could start the correction down.

On a downside, weekly break and close below the $0.08 support should extend the consolidation, but it is unlikely that the price will go much lower.

Source: http://cryptopost.com/quantstamp-ready-to-moon/

cryptopost

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MonaCoin Scenarios

Monacoin has formed a double near $2.8 after which it attempted to break above the downtrend trendline, but no clear breakout followed. Price went back and formed another double bottom at 88.6% Fibonacci retracement.

Clearly there is strong support around $2.8 and this could be a potential reversing point for MONA/USD. But it could be a little premature at this stage to say that trend is reversing as the bearish momentum is still intact.

Bullish scenario: MonaCoin has to break and close above $4.2 resistance in order to move higher, in this case upside target is seen at $7

Consolidation scenario: Price could be trapped between $2.8 support and $3.3 resistance for a little while, break above or below should give some clues on further direction.

Bearish scenario: MONA/USD closes below $2.8 support, this might result in a more decline towards $2 psychological support and perhaps slightly lower – $1.8.

Source: http://cryptopost.com/monacoin-scenarios/

cryptopost

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LBRY Credits Chance Of Reversal

LBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline.

The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.

Source: http://cryptopost.com/lbry-credits-chance-of-reversal/

https://www.tradingview.com/x/c1jcjaIn/

cryptopost

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Bitcoin Is Trading Between Support & Resistance

The Bitcoin has found the support at 76.4% Fibonacci retracement after it has been rejected together with the uptrend trendline on the 6th of February. However, on the lower scale, the uptrend trendline has been broken and Fibonacci applied to the trendline breakout point shows that the 38.2% Fibos has also been rejected on the 60th of February.

It makes the area between $6k and $6.5k a very strong support, that hasn’t been penetrated. Whats more, is that currently Bitcoin is moving within the descending channel and seem to rejected the lower trendline. All-in-all Bitcoin is facing a strong support area and if it continues to be respected by the market price could potentially correct upwards towards nearest resistance at $9k. Break above that resistance is likely to establish an uptrend towards $15k-17k area.

On the downside, weekly break and close below the $6k support should push price further down, towards $3.3k – $3.8k support area, from where Bitcoin is likely to recover very fast.

Source: http://cryptopost.com/bitcoin-is-trading-between-support-resistance/

cryptopost

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ONTology VS Bitcoin Uptrend Continuation

After forming a strong support at 14700 satoshis, ONTology started to move up, reaching the previous resistance level at 33800 satoshis. At that point consolidation has started in form of the triangle patter. Today price broke the triangle pattern and previous resistance, suggesting the continuation of the uptrend.

Although the correction down towards the triangle area could take place, the trend remains bullish and could result in ONT/BTC growth towards 60k satoshi area on the next wave up. Break and close above the 60k resistance could send ONT much higher, while rejection should send price back towards 30k satoshis area.

On a downside, break and close below 26k satoshi support should invalidate bullish outlook and extend the consolidation, but it does not seem that it could result in a downtrend.

Source: http://cryptopost.com/ontology-vs-bitcoin-uptrend-continuation/

tonylewisverdu

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Thanks for sharing

Moeda

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Enterapp Pre-Sale Live

Thanks for the information. This is very useful for us who are active in trading. Because at this time a lot of potential losses gained by investors when trading.

cryptopost

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Ubiq Coin Approaching Strong Psychological Support

biq Coin currently trading at $1.32 and continues to reject the downtrend trendline. The downtrend remains valid, although UBQ/USD has formed a bullish divergence on the RSI oscillator suggesting that the correctional move upwards could be on its’ way.

In order for the price to start rising the $1.6 minor resistance must be broken with a daily close above it. When/if that happens Ubiq is likely to move upwards towards one of the Fibonacci resistance levels, either $2 or $2.2, that is 38.2% and 50% Fibonacci levels.

If it continues trading below $1.6 resistance price could drop down further, to test strong physiological support level, which is $1. Rejection of that level should result in a corrective wave upwards, while break below is likely to result in more consolidation.

Source: http://cryptopost.com/ubiq-coin-approaching-strong-psychological-support/

cryptopost

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Counterparty VS Bitcion Reversal Attempt

Counterparty seem to have found the bottom at BTC 0.00133, as after bouncing off that level price started to produce higher highs and higher lows. The break above the downtrend trendline as well as 50 Moving Average suggests that it could be an attempt to revers the trend to the upside.

The uptrend trendline is being rejected and today XCP/BTC broke, and currently trading above the 50 Moving Average once again. Nevertheless, before confirming the uptrend, Counterparty must break all the upcoming resistance levels.

First is at 88.6% Fibonacci retracement level at BTC 0.00186, which has been previously broken from above. Second resistance has been already formed on 3rd of March as is based at BTC 0.00214. And final resistance is at 76.4% Fibonacci, that is BTC 0.00255.

Daily break and close above the final resistance should confirm trend reversal, but before that, any upwards move should be considered as a correction.

On a downside, break and close below the uptrend trendline should invalidate short term bullish outlook and extend the consolidation, potentially sending XCP/BTC down to psychological support at BTC 0.001

Source: http://cryptopost.com/counterparty-vs-bitcion-reversal-attempt/

cryptopost

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YOYO vs Bitcoin Can’t Break Above

Yoyow coin has found the support at 88.6 Fibonacci retracement, that is 810 satoshis. The support was rejected cleanly, although price has formed a strong resistance at 1140 satoshis, that YOYO/BTC failed to break on multiple attempts.

However, while the support is holding there is a good probability of the potential corrective move up, but only if YOYO/BTC will managed to break and close above the 1140 satoshis resistance. When/if that happens, Yoyow could jump up towards 76.4% Fibonacci retracement at 2175 satoshis, where previously resistance was formed.

On a downside, if Yoyow continues to trade below 1140 satoshis resistance price could go down and perhaps below the 810 support, before correcting up.

Source: http://cryptopost.com/yoyo-vs-bitcoin-cant-break-above/

Topic: HOT Altcoins Trade Ideas - page 18. (Read 16080 times)