HOT Altcoins Trade Ideas - page 31. | Bitcointalksearch.org

cryptopost

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OmiseGo Could Correct Down

After finding the support at $5, OmiseGo went up to almost $30, resulting in a huge 445% growth in just over a month. Obviously, $30 psychological round number has acted as a strong resistance, which is also confirmed by the 261.8% Fibonacci retracement level.

While the $30 resistance is respected it is likely that OmiseGo will correct down towards either $20 or $17 support levels, that is 161.8% and 127.2% Fibonacci retracement levels. At the same time trend remains bullish and the resistance should be watched for a breakout where the uptrend might continue. Nevertheless, now it could prove to be risky buying OmiseGo as the resistance is holding.

Source: http://cryptopost.com/omisego-could-correct-down/

cryptopost

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MaidSafe Coin Getting The Momentum.

Following the previous idea on MaidSafe Coin, it has reached the final upside target at $0.9 area and broke higher. On a corrective wave down, MAID/USD went back to the $0.9, which is now acting as a support.

On the first attempt to go lower it failed and today MaidSafe once again attempted to go below $0.9 but failed. 127.2% Fibonacci applied to the corrective wave from the previous all-time high, that is $0.9, remains the key support level at this point. MAID/USD price is expecting to continue moving higher towards $2 area. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

Source: http://cryptopost.com/maidsafe-coin-getting-the-momentum/

mey466

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unfortunately if I do not have coin bitcoin when I really want to do that which name of trading, for now working hard to find capital first

Destroyer1333

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bayudndy

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cryptopost

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Golem Established An Uptrend

After multiple rejections of the $0.17 support area, Golem started to rise rapidly, breaking above the 200 Moving Average. As uptrend continued GNT/USD broke above the previous all-time high at $0.72 and then went even higher breaking the $0.87 resistance, that is 127.2% Fibonacci retracement level.

Although the correction down followed and Golem rejected the previous resistance at $0.87, currently acting as a support. It seems that the uptrend is only emerging and Golem could potentially triple in value against USD. The Fibonacci resistance levels should be watched for rejection, but the final upside target is $3, that is also a strong psychological level. Only a break below the 200 Moving Average could invalidate bullish outlook.

Source: http://cryptopost.com/golem-established-an-uptrend/

cryptopost

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Lisk View After The Rally

Following the previous idea on Lisk, it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28.

It remains to be seen if this support level will hold or not. Break and close below the $28 should push Lisk further down, perhaps to the next support level at $20 area. While if the $28 support will be respected, there are all chances that Lisk will continue the uptrend and could go up to $56, that is another 100% growth potential.

All-in-all, currently Lisk is not the most attractive coin as the downside pressure remains. Only a break above the $38 could confirm the continuation of the uptrend.

Source: http://cryptopost.com/lisk-view-after-the-rally/

cryptopost

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ParkByte VS Bitcoin Strong Upside Potential

ParkByte found the support at 5k satoshi after which it started to move higher, breaking above the downtrend trendline and the 200 Moving Average, reaching 11k satoshi. On a corrective wave down, PKB/BTC rejected the 200 Moving Average which is now acting as a strong support.

Such price action suggests that the uptrend could be just around the corner especially after price started to produce higher lows and higher highs, reaching today 14k satoshi. The upside potential is strong, where ParkByte could outperform the Bitcoin by four times while targeting 38k satoshi. This is the price where two Fibonacci are inline, first is 38.2% level applied through the all-time high, and second is 88.6% retracement applied from 12th October high to 8th of December low. On a downside, only a break and close below the 4k satoshi support could invalidate bullish outlook.

Source: http://cryptopost.com/parkbyte-vs-bitcoin-strong-upside-potential/

cryptopost

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Komodo Uptrend To Continue

Following the previous idea on Komodo, it has reached the upside target at $7 and broke higher reaching the $14.4 high. The corrective wave down followed while price rejected the support 727.2% Fibonacci, that is $7.1.

Currently, it seems that the uptrend is likely to continue to test next Fibonacci resistance level at $1727.2% retracement level, that is $14.7. While the support is holding, uptrend should remain valid pushing Komodo to new all-time highs. Break and close below could invalidate bullish outlook.

Source: http://cryptopost.com/komodo-uptrend-to-continue/

cryptopost

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Decred Time For Correction

Following the previous idea on Decred, it has reached the upside target at $117 and as expected tripled in value. But now as the resistance is being rejected DCR/USD could start a consolidation period or even start a strong correction down.

The $117 level should be watched closely, while it is being respected by the market, the downside pressure will remain very high and Decred could correct down towards one of the Fibonacci retracement levels.

Therefore, at this point, buying Decred could prove to be extremely risky, unless the resistance is broken. Wait and see approach could be the most appropriate.

http://cryptopost.com/decred-time-for-correction/

cryptopost

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Qtum VS Bitcoin Rising To Form Double Top?

Qtum managed to break above the descending channel and 200 Moving Average suggesting that is it ready to continue trending upwards. QTUM/BTC producing higher highs and higher lows while trading within the ascending channel.

The overall trend is definitely bullish and Qtum should be moving higher to test 227.2% Fibonacci retracement level applied to the corrective wave after the descending channel breakout. This resistance is based at btc 0.0056 which is very close to the previously formed top in August last year.

The btc 0.0056 is the very first strong resistance for Qtum and it would be interesting to see the price action around this level, which should provide more clues about the further direction of QTUM/BTC. At this point, Qtum could continue trading within the ascending channel and could even move back to test the 38.2% Fibonacci support, which in fact has been already rejected. In the worst case scenario price could drop towards the 200 Moving Average, but only break below it should invalidate bullish outlook.

Source: http://cryptopost.com/qtum-vs-bitcoin-rising-to-form-double-top/

cryptopost

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VertCoin Back To Previous High?

On the 6th of December VertCoin established an all-time high against USD, hitting $10.7 price. After that, a corrective wave down follow where the price dropped down to $6, and consolidation has begun. During the past month, VTC/USD has been trading within that range, without showing much weakness nor strength.

Although on the 2nd of January price broke above the descending channel, 200 Moving Average and the resistance at $6.8. It seems that VertCoin could be getting higher once again, although it is unclear whether it will be the final wave up before the correction, or a continuation of the uptrend.

The key resistance is at $10.4 where 361.8% Fibonacci retracement applied to the corrective wave down after the resistance breakout. It could happen that VertCoin will produce a double top near the $10 psychological resistance, which is the key resistance area at this point. Break above, or a rejection should provide more clues about the further direction. On a downside note, break below $5.5 support should invalidate bullish outlook.

Source: http://cryptopost.com/vertcoin-back-to-previous-high/

cryptopost

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ZCoin VS Bitcoin – How Much More UP?

ZCoin has been performing very well lately against the Bitcoin and managed to grow from BTC 0.002 up to 0.016 in just 3 weeks. This is an amazing growth of 500% in a very short period of time.

However, it seems that ZCoin uptrend could be getting to an end very soon. Fibonacci applied to the corrective wave down after the downtrend trendline breakout shows that price got very close to the 427.2% retracement level at BTC 0.012, but failed to test it. This remains the key upside target for the XZC/BTC in the medium to short term.

At the same time, the support area between btc 0.0066 and 0.0073 should be watched. Break below could establish a consolidation or even a strong correction down. But while it is holding the upside target at btc 0.012 remains valid. Perhaps its better to stay neutral on Zcoin and see the price action near the support, uptrend trendline and 200 Moving Average.

Source: http://cryptopost.com/zcoin-vs-bitcoin-how-much-more-up/

cryptopost

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ZCash Could Trippe In Value Against USD

Following the previous idea on ZCash, it has started to move higher, continuing the long-term uptrend. ZCash has been steadily moving upwards rejecting the uptrend trendline and the 200 Moving Average.

On the 14th of December ZEC/USD broke above the strong resistance area around $450, and on a corrective wave down after the breakout it rejected the $450 level, which is now acting as a support. Obviously, price broke above the triangle pattern and now could be ready to explore new highs.

The very strong resistance is seen near $1500, which means that ZCash could triple in value against USD in the medium term. On the downside, only close below the $156 support could invalidate bullish outlook.

Source: http://cryptopost.com/zcash-could-trippe-in-value-against-usd/

cryptopost

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Metal Pay Could Be Worth Buying

MetalPay starting to show signs of life while rejecting the uptrend trendline and breaking above strong resistance at $6.75. At the same time, MTL/USD broke above the downtrend trendline and 200 Moving Average.

Following corrective wave down was stopped at the previous resistance, which now is acting as a support. The 200 Moving Average is now also acting as a support and this could be the starting point for MetalPay to start rising. The upside potential is definitely there, although MTL/USD could be range trading for some time before going up.

The strong resistance is located at $18, where two Fibonacci are inline. First 127.2% applied to the previous all-time high, and the second is 161.8%, applied to the corrective wave after the $6.75 resistance breakout. If/when MTL manages to break above $18 resistance, the next target is seen at 227.2% Fibonacci which is a very strong psychological round number – $30. This could be the final upside target for the potential upcoming wave up. Only a break and close below the $3.33 support could invalidate bullish outlook.

Source: http://cryptopost.com/metal-pay-could-be-worth-buying/

Halloween

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Invest in UTRUST (UTK) and thank me later.

ericaa

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Hey Guys,
Does Anybody have any views regarding lala token? as I am looking forward to invest in lala token ICO.

InsiderOfCrypto

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cryptopost

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Edgeless Token Should Outperform Bitcoin

Edgeless token found the support at 5600 satoshi and started to move higher, breaking above the 200 Moving Average and the very strong resistance formed at 13k satoshi. Higher highs and higher lows pattern started to emerge suggesting that EDG/BTC could be planning to continue rising.

After breaking the 13k satoshi resistance, the price went back and this time rejected this level, which is now acting as a support. The upside momentum is there and it is very likely that price will move higher towards previously formed high near 40k satoshi. To be precise, there is a very strong resistance at 37k satoshi confirmed by two Fibonacci retracement levels. First is 88.6% and second is 227.2%, applied to the last corrective wave down.

While the upside potential is there, Edgeless might take some time before moving higher and could even test the uptrend trendline and/or the 200 Moving Average once again. In any case, the buying opportunity is there and only break below the 5600 satoshi support could invalidate bullish outlook.

Source: http://cryptopost.com/edgeless-token-should-outperform-bitcoin/

cryptopost

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Clams VS Bitcoin – Uptrend – The Beginning

Following the previous idea on Clams, it has broken above the resistance, signaling about the potential beginning of the uptrend. At the same time CLAM/BTC broke above the descending channel and the 200 Moving Average.

Clearly, ClamCoin showing strong sights of strength against the Bitcoin and should start moving higher. The very strong resistance is seen at 144k satoshi, where 50% Fibonacci retracement is. At this resistance area, there is also a 3/1 Gann Fan trendline and the upper trendline of the extended descending channel.

Overall, the bullish trend is likely to accelerate to target 144k satoshi resistance area and break above could establish a long-term trend upwards. Only break below the 38k satoshi support could invalidate bullish outlook.

Source: http://cryptopost.com/clams-vs-bitcoin-uptrend-the-beginning/

Topic: HOT Altcoins Trade Ideas - page 31. (Read 16080 times)