HOT Altcoins Trade Ideas - page 4. | Bitcointalksearch.org

cryptopost

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Salus Coin Triple Bottom Formation

On the 12th of July Salus coin has tested $21 support level, which has been rejected for the third consecutive time since 24th of June. The triple bottom has been formed and price went up breaking above the 50 Moving Average.

While the strong bottom has been formed and MA breakout occurred, the correction to the upside could be expected. There are several resistance levels to watch, first is the $32 area, where price bounced previously two times. Second is a 61.8% Fibonacci retracement level at $36. And final upside target is at 76.4% Fibs at $40.

The $40 price seem to have the most resistance as previously it already acted as the resistance and besides, it is a round psychological number. If/when this target is reached, the potential growth would be 60% from the current price, which is quite a strong growth, considering that this is a short to medium term opportunity.

Having said that, downside risk remains, but only daily break and close below the established low at $20 could invalidate bullish outlook and result in a continuation of the downtrend.

Source: http://cryptopost.com/salus-coin-triple-bottom-formation/
Telegram channel: https://t.me/cryptopost

cryptopost

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INS Ecosystem Correction Up

INS Ecosystem found the bottom at $0.52, that has been tested on the 12th of June. There INS/USD formed a double bottom and rejected the downtrend trendline as well as 127.2% Fibonacci retracement level for the second time, suggesting that the bottom might have been reached.

Today price has been going upwards and broke above the 50 Moving Average. Perhaps this is the first strong sign of a potential upcoming corrective wave down, that should result in a growth towards 88.6% Fibonacci retracement. This is $0.9 level, which corresponds to the previous support formed back in April.

Break above that resistance would most likely result in a growth towards the key psychological support at $1. If INS will managed to break and close above that price, it could mean the beginning of an uptrend and not only a corrective move up.

On a downside, if INS Ecosystem will close below the recent low at $0.52, the bullish outlook should be invalidated, resulting in a continuation of a downtrend or the beginning of a consolidation phase.

Source: http://cryptopost.com/ins-ecosystem-correction-up/
Telegram channel: https://t.me/cryptopost

cryptopost

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BitShares Beating Bitcoin

On the 24th of June, BitShares found the bottom at 1980 satoshis, where it has rejected cleanly 78.6% Fibonacci retrenchment level. Then price went up and broke above the 50 Moving Average and the descending channel, reaching 2800 satoshis high.

On a corrective wave down, BTS/BTC retraced down to 2500 satoshis area, where it rejected the 61.8% Fibs level, along with the 50 Moving Average and the descending channel, all at the same time.

Price continues to produce higher highs and higher lows, and considering all this price action, the uptrend is very likely to continue. Strong resistance is seen at 23.6% Fibs, that is 3630 satoshis level, which corresponds to the 4/1 Gann Fan trendline. Break above this resistance could be confirmation of the long term uptrend continuation, which might result in BTS aiming for the new all-time high.

At the same time, it is important to watch 2400 satoshis support area, because break and close below would invalidate the uptrend and the range trading or even a strong move down could take place.

Source: http://cryptopost.com/bitshares-beating-bitcoin/
Telegram channel: https://t.me/cryptopost

kris679

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Pretty good coins themselves interest some of them, but each of these projects have certain disadvantages, because they are not traded on the best exchanges wants it can be a plus if they go to a good exchange, then immediately the price will grow!

cryptopost

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Moeda Loyalty Points Could Rise by 90%

On the 27th of June, Moeda found the bottom at USD 0.37, where it rejected the lower trendline of the descending channel. Price then went up and broke above the 50 Moving Average ,although the upper trendline of the descending channel was rejected.

MDA/USD corrected down and found the support at 61.8% Fibonacci retracement level, that is USD 0.48. And today, after bouncing off the Fib support, price went up and broke above the 50 Moving Average and the descending channel, suggesting further correction up.

The very strong resistance is seen at $1, that is a key psychological resistance. This level is confirmed by two Fibonacci retracement levels, 61.8% Fibs and 461.8% Fibs, applied to the current corrective wave down. Break above $1 could establish a long term uptrend while rejection should result in a strong wave down.

On a downside, if MDA will break and close below the recent low at $0.47, price could go down towards the $0.37 support to establish a double bottom, or potentially continuation of a downtrend.

Source: http://cryptopost.com/moeda-loyalty-points-could-rise-by-90/
Telegram channel: https://t.me/cryptopost

cryptopost

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Monaco VS Bitcoin Upcoming Wave Up

Following our previous idea on MCO/BTC, Monaco coin broke above the upside target, suggesting further growth. At the same time, during this weekend price rejected the 38.2% Fibonacci support, that is btc 0.001. Along with the Fibs, price rejected the 200 Moving Average and the upper trendline of the extended descending channel.

This makes the btc 0.001 level a key support for Monaco. If price stays above the support, MCO is likely to continue the uptrend with the next upside target at 161.8% Fibonacci retracement level applied to the current corrective wave down. This is a btc 0.0019 level, which if reached, should result in almost 100% growth against the Bitcoin in the medium term.

Break above the upside target at btc 0.0019 will most likely confirm the long term uptrend and could send price to the new all-time high.

But if Monaco will close below the btc 0.00098, the consolidation or even downtrend continuation might be the case. Although at this stage it seems like unlikely scenario.

Source: http://cryptopost.com/monaco-vs-bitcoin-upcoming-wave-up/
Telegram channel: https://t.me/cryptopost

cryptopost

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Expanse VS Bitcoin Possible Trend Reversal

On the 12th of June, Expanse hit the low at 12.1k satoshis, after which price has consolidated for a little while and today finally broke above the descending channel, suggesting the potential corrective move up.

EXP/BTC clearly closed above the descending channel and the 50 Moving Average at the same time. Now the price is likely to continue moving higher towards the strong resistance at 16.5k satoshis, that is 23.6% Fibonacci retracement level.

This resistance could play the key role in further price development of the Expanse against the Bitcoin. Break above should confirm medium or even long term uptrend. Nevertheless, there will be one more obstacle to overcome, the 61.8% Fibs at 23.6k satoshis.

All-in-all the buying opportunity seems to be there, especially for the long term investors as the risk reward ration is very attractive. This is because break and close below the 12.1k satoshis support would immediately invalidate bullish scenario, therefore limiting the risk to the minimum.

Source: http://cryptopost.com/expanse-vs-bitcoin-possible-trend-reversal/
Telegram channel: https://t.me/cryptopost

cryptopost

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Bitcoin could be heading towards USD 9k

Following the previous idea on Bitcoin, the 4/1 Gann Fan has been rejected, along with the 61.8% Fibonacci retracement level at $6170. BTC/USD started to move up and currently reached the 61.8% Fibs at $6550.

This is a very strong resistance for Bitcoin, because it is also corresponds with the 200 Moving Average. In order for the uptrend to begin, price has to break and close above both, $61.8% Fib resistance and the 200 Moving Average on a daily time-frame.

Break above should confirm Bitcoin bullish intention and could send the price up to the $8820 resistance, that is confirmed by two Fibonacci retracement levels and corresponds to the uptrend trendline.

But, if the current resistance will hold, the consolidation could take place. BTC/USD could be trapped between $6170 and $6550 for some time. In this case break above the resistance or below the support would determine further Bitcoin direction.

Source: http://cryptopost.com/bitcoin-could-be-heading-towards-usd-9k/
Telegram channel: https://t.me/cryptopost

Fverak

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There are a few coins you specified that are extremely worth to contribute. In any case, there are some that I don't care for. At any rate, a debt of gratitude is in order for the sharing however, others can battle it fascinating and possibly take after your exchanging guides. What's more, its likewise pleasant that you said that it is just for brief time contributed and not to be relied upon to be a long haul.

cryptopost

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Monaco VS Bitcoin, How Far Down?

On the 26th of June, Monaco coin has formed a strong bottom at 75k satoshis, after which price started to move up, resulting in a healthy 105% gain over the Bitcoin. MCO/BTC has reached the 154k satoshis high, after which a sharp correction down has begun.

The question is; how far Monaco would correct down, and whether it is only a correction or a trend reversal? On a shorter timeframe it does look like a downtrend, although on the medium timeframe it still looks like a correctional move down.

Price is very close to the strong psychological support, that is 100k satoshis level, and at the same time this is 61.8% Fibonacci retracement. Considering the fact that MCO broke below the lower trendline of the extended descending channel, price yet to move lower to hit 100k satoshis. At this stage consolidation could take place, but if the support is broken, the downtrend should continue towards 76.4% Fibs at 90k satoshis.

But, if the support will hold, Monaco could start a very strong uprisal, which could push price above the 155k level. On the downside, if the 90k support will be broken, the downtrend might continue, where MCO will decline to 75k satoshis support.

Source: http://cryptopost.com/monaco-vs-bitcoin-how-far-down/
Telegram channel: https://t.me/cryptopost

luongkaren

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More updates? I think this topic is pretty good and should update regularly

cryptopost

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Will Bitcoin Reverse, or Drop to $6k Again?

Following the previous idea on the Bitcoin, price broke below the $6260 support and has reached the downside support at 61.8% Fibonacci that is $6170 area. Along with the Fibonacci support, 3/1 Gann Fan trendline has also been rejected.

Yes, price spiked lower, but the hourly close remains above the support. While the hourly close stays above the $6128 low, Bitcoin could start to consolidate and/or correct to the upside.

But still, it is too early to talk about the trend reversal on the short timeframe, and only break and close above the $6400 area could suggest further growth. On the other hand, if BTC/USD will break and close below the $6128, it will likely decline towards next support level at $6010, that is very close to the key psychological price – $6000.

Source: http://cryptopost.com/will-bitcoin-reverse-or-drop-to-6k-again/
Telegram channel: https://t.me/cryptopost

cryptopost

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Numerai Might Outperform Bitcoin by 55%

Yesterday Numerai has tested the low, hitting 81k satoshis. At the same time it found the support at 327.2% Fibonacci, applied to the corrective wave up after the uptrend trendline breakout.

The support is at 85.6k satoshis, and althogh price spiked lower, closing price stayed above that level, suggesting the potential bottom. Although it might seem very risky to consider bying NMR/BTC, the risk/reward ration is very attractive.

If the 81k satoshis support holds, price is likely to encrease towards the 38.2% Fibs, that is 140k satoshis. this level previously acted as the support as well as resistance, which once again could play the same role. When/if the resistance would be reached, NMR would gain 55% over the bitcoin, while if the 81k satoshis is broken, this would be only a 11% loss.

Break below 81k satoshis, would certainly invalidate bullish outlook and is likely to result in a downtrend continuation.

Source: http://cryptopost.com/numerai-might-outperform-bitcoin-by-55/

sdifuasjnz8888

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I believe both NEM & XVG have a strong future.Tenx is a great opportunity now, the price has already grown 5 times over the ICO, and by the end of the year will increase again!

cryptopost

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MaidSafe VS Bitcoin 35% Growth Potential

MaidSafe coin seem to have established an uptrend while continuously producing higher highs and higher lows. After MAID/BTC found the low at 2900 satoshis, price has been steadily rising. Price broke above the 327.2% Fibs and reached the high at 6780 satoshis.

On the corrective wave down, price found the support at 4820 satoshis, where it has rejected the 3/1 Gann Fan trendline. Along with the trendline bounce, the 127.2% Fibs support has been rejected.

At the same time the resistance has been formed at 5600 satoshis and currently, consolidation is taking place. However, break and close above the resistance should invite more buyers, that most likely will result in further growth.

MAID could reach 7600 satoshis resistance area, that is confirmed by two Fibonacci retracement levels. If/when the upside resistance reached, Maid will gain 35% over the Bitcoin. And if the resistance is broken, more upside potential would become available.

Source: http://cryptopost.com/maidsafe-vs-bitcoin-35-growth-potential/

cryptopost

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WaltonChain VS Bitcoin Approaching Key Resistance

After WaltonChain hit the low at 9475 satoshis, on the 29th of June, price started to move up slowly, and broke above the descending channel and the 50 Moving Average. Nevertheless, the consolidation started, where WTC/BTC managed to produce higher highs, and failed to go below the established low.

On a corrective move down, price did hit the 9700 satoshis, where it has rejected the 4/1 Gann Fan trendline, went up and yet again broke above the 50 Moving Average. Currently the MA is acting as the support, as well as the channel breakout level at 10744 satoshis.

If this support holds, WTC should go higher, towards the 38.2% Fibonacci resistance level, that is 12440 satoshis. This could be the key resistance for WaltonChain that would help to determine the destiny of the coin in the medium term.

Daily break and close above that resistance shoudl result in a trend reversal, for the medium and potentially long term. Although if the resistance is rejected, a consolation or a correctional move down is very likely.

On a downside, if price will close below 10744 level, WTC could decline down, to hit the 4/1 Gann Fan trendline. And, if it will be broken, the downtrend continuation could be the case.

Source: http://cryptopost.com/waltonchain-vs-bitcoin-approaching-key-resistance/

cryptopost

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What Is Next With Bitcoin?

It looks like Bitcoin correction has ended on the 24th of June, where price hit the $5755 low. Then BTC/USD has formed a double bottom near that area and price went sharply up. In just over a week price went up by 18% and has reached the $6840 high.

The recent corrective wave down, pushed the price down to the $6260, where it has rejected the 50% Fibonacci retracement. Overall, the short term, price has found the support as well as resistance at 23.6% Fibs that is $6400.

Most likely, that the break above the resistance or below the support would shed some light on the next move of the Bitcoin. Break and close below the $6260 should result in a decline towards 61.8% Fibs at $6170, which corresponds to the lower trendline of the extended channel. But break above the resistance, might suggest further growth, where price could reach $6840 resistance and even go higher.

Source: http://cryptopost.com/what-is-next-with-bitcoin/

cryptopost

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Steem VS Bitcoin Trying to Break Higher

Steem has tested the bottom on the 30th of June, where price hit 16.7k satoshis low. After that price went up sharply breaking above the downtrend trendline and reaching the high at 22.4k satoshis.

The upside move resulted in a 34% Gain against the Bitcoin, and it seemed that STEEM/BTC is about to break even higher. However, price has rejected the 200 moving average and corrected down to the 78.6% Fibonacci support at 17.9k satoshis.

Currently STEEM is stuck between the Moving Average and the 17.9k satoshis support. At this stage consolidation could continue as STEEM does not have any directional pattern at this moment. But at the same time break above the 22.4k satoshis could be the first sign of a potential trend reversal or a strong corrective move up.

On the other hand, if the Fibonacci support is broken, STEEM is likely to re-test the 16.7k low and perhaps go even lower. Although buying opportunity is very tempting, perhaps safer trading would suggest to wait for the resistance breakout.

Source: http://cryptopost.com/steem-vs-bitcoin-trying-to-break-higher/

tranquynhnhu2812

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I think that people need to do more and more to keep tabs on altcoins, because that's what the future will be. Of course, bitcoin will remain the leader, but behind them will be cases that are likely to be solved by very large people.

cryptopost

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PowerLedger VS Bitcoin Volume Increasing

PowerLedger still trading within the descending channel, where prevailing trend is obviously down. On the 28th of June POWR/BTC found the bottom at 2847 satoshis, after which, under an increased heavy volume price went up to 6030 satoshis, breaking above the 50 Moving Average.

The upside move resulted in a 110% growth, but then price corrected down, where it found the support at the 50 Moving Average, that has been consistently rejected during the past five days.

Yet again, under an increased volume, today PowerLedger went up sharply, suggesting that the upside momentum is still valid. This should result in further growth and could send price up to the 127.2% Fibs at 6600 satoshis area, where previously resistance has been formed.

Break above the 6600 satoshis could send price much higher, perhaps towards 10k satoshis psychological round number, that corresponds to the 327.2% Fibonacci retracement level.

Source: http://cryptopost.com/powerledger-vs-bitcoin-volume-increasing/

Topic: HOT Altcoins Trade Ideas - page 4. (Read 16080 times)