Topic: HOT Altcoins Trade Ideas - page 6. (Read 16080 times)

Enigma Forming Double Bottom

On the 13th of June Enigma found the bottom, hitting the low at $1.17 and rejecting the 4/1 Gann Fan trendline. On a daily chart price seem to have formed strong support at $1.3, that has been rejected multiple times, and closing price always stayed above.

Yesterday ENG/USD once again has tested this support level, and once again failed to break below. At this stage range trading could take place, as ENG also failed to break above the descending channel. Consolidation could take place between $1.3 and $1.9 levels, but only break and close above or below could shed some light on further direction.

If someone is looking for a buying opportunity, perhaps it is reasonable to wait for a $2 breakout, that should potentially trigger a rally. Prior to that, price will either consolidate or go down to 78.6% Fibs, that $1, a very strong psychological support.

Source: http://cryptopost.com/enigma-forming-double-bottom/

Altcoin trading is an art which can be done by a skilled person. If you have the skill of trading with altcoin then you can do profitable trading or you have to wait for growing that  coin if you want profit. You can definitely  gain profit if you can wait for market up flow.

Hello everyone. I want to introduce you CER (started today!) - CryptoExchangeRanks by Hacken (max suply - 5 600 000 only  https://hacken.io/   -    https://www.kucoin.com/#/trade.pro/HKN-BTC). But lets start from begin



About project (from official website)

"Today, in the hyper-dynamic crypto universe, almost 190 cryptocurrency exchanges operate. Everyday, individual and professional investors and traders are faced with a number of problems in choosing the right one among exchanges for their activity.

Based on a thorough analysis of such broad risk areas as liquidity, compliance and reliability, public opinion, technical, infrastructure and cybersecurity level, CER provides all-inclusive objective crypto exchange ratings.

We save your time and effort by thousands of hours of analysis, scoring and benchmarking, all you need – just make a decision and choose the most suitable exchange.

Problems
LIQUIDITY
QUOTATIONS CLARITY
KITCHEN-CHEATING
ARBITRAGE TRADING
KYC AND AML PROCESS
LEGAL COMPLIANCE &LEGITIMACY
WITHDRAWAL PROCESS AND LIMITS(COUNTERPARTY RISKS)
PUBLIC OPINION SENSITIVITY
TECHNICAL AND CYBER SECURITY SUSTAINABILITY

Solution
We provide 24/7 continuous analysis of a broad complex of data. The main sources of information are real accounts opened on every crypto exchange, which constitutes provides ratings, open and closed internet sources, media, blogs, chats, etc.

Data is becoming a subject to in-depth analysis and processing using advanced approaches of economic-mathematical modeling, artificial intelligence, machine learning, linguistic programming, cybersecurity assessment and turns into inputs for our multi factor scoring model to get the most accurate estimation.

Our clients will get a high precision rating of cryptocurrency exchanges by a broad range of analyzed parameters of risk evaluation which significantly enhances their everyday decision making process."

Contact - [email protected]


CER (Crypto Exchange Ranks) - https://cryptoexchangeranks.com/  https://platform.cryptoexchangeranks.com/#/

What do you need to know? - https://blog.hacken.io/what-you-need-to-know-about-cer-crypto-exchange-ranks-launch?_ga=2.228035039.318089308.1530219051-1382315460.1516147921


Here is quote from https://bitcoin.com :

"New Platform Ranks Cryptocurrency Exchanges by Liquidity, Security, and Reliability

Hacken has launched a new website that provides an all-in-one tool for rating cryptocurrency exchanges. Crypto Exchange Ranks (CER) allows for side by side comparisons of well over a dozen exchanges, including real-time arbitrage data and ratings for liquidity, compliance, reliability, and security.

CER Aims to Accurately Rank Cryptocurrency Exchanges
Crypto Exchange Ranks by Ukraine’s Hacken officially launches on Monday, June 18. The service allows users to access a wide range of metrics for major exchanges within the cryptocurrency ecosystem. News.Bitcoin.com was granted access to the beta version of the platform, which comprises a scoring dashboard for exchange comparison together with tabs for viewing liquidity and arbitrage.

While not every feature has been activated in the beta version, the ones that are in operation appear to work well and provide useful tools for traders seeking arbitrage opportunities, or trying to determine the withdrawal limits of various platforms. Anton Kaminsky, Business Development Director of Crypto Exchange Ranks, told news.Bitcoin.com that the goal was “to create a sophisticated tool for crypto exchange rankings, to save time and effort for all market participants”.

CER Is to Exchanges What CMC Is to Cryptocurrencies
While platforms such as Coinmarketcap provide certain data on exchanges, such as 24-hour volume and most traded pairs, CER has taken a different approach. The site, which will be free at launch before later introducing a subscription model, scans the order book of each exchange in real time to calculate its size. It also enables users to compare prices for any coin on up to five exchanges, to view aggregated volumes for up to five exchanges, and to check the balances of the platforms’ hot and cold wallets.

While most traders are unlikely to be concerned with cybersecurity ratings, the existence of such tools may incentivize exchanges to improve their service, knowing that their every action is being monitored. Dmitriy Budorin, CEO of Hacken who created the platform, said: “Cryptocurrency exchanges are the backbone of the whole emerging crypto economy. CER will contribute to its healthier development. We hope that with CER, the exchanges will start taking their cybersecurity more seriously and refuse any bad practices, while users will receive comprehensive tools for smart decision making”."

Source : https://news.bitcoin.com/new-platform-ranks-cryptocurrency-exchanges-by-liquidity-security-and-reliability/








Lets remind what is Hacken exactly? (5 600 000 max suply)

https://hacken.io/

"Hacken offers a cybersecurity utility token, named HKN, for a full stack of countermeasures, aimed at reducing threats, vulnerabilities, and attacks by eliminating or preventing them - HKN is the only payment method inside the Hacken Ecosystem.

HackenProof
HackenProof is a decentralized bug bounty platform with an innovative approach to cybersecurity. The core of HackenProof is the cooperation between highly qualified, ethical hackers and Hacken’s growing client base.

Hacken Cybersecurity Services
Hacken provides a wide range of cybersecurity services custom-tailored to the individual needs of the customer. We deploy leading experts from around the globe to provide personalized cybersecurity solutions for any size business, including anti-phishing, penetration testing, and smart contract audits."






https://blog.hacken.io/vechainthor-public-bug-bounty-on-hackenproof?_ga=2.228035039.318089308.1530219051-1382315460.1516147921


Read Hacken's Official blog to find MUCH INFO about another partners! worth to spend your time for read.



Blog - https://blog.hacken.io/

Marketcap - https://coinmarketcap.com/currencies/hacken/

Annoucement - https://bitcointalksearch.org/topic/ann-hacken-first-decentralized-marketplace-for-white-hat-hackers-2135278

Telegram (Awesome cummunity) - https://t.me/hackenio

Here you buy HKN - https://www.kucoin.com/#/trade.pro/HKN-BTC

Services :

Anti-phishing https://hub.hacken.io/anti-phishing

Penetration testing - https://hub.hacken.io/pen-test

Smart contracts audit - https://hub.hacken.io/smart-contracts-audit

Bug Bounty - https://hackenproof.com/

Interesting videos :

https://www.youtube.com/watch?v=IzPW-xIHmv8&t
https://www.youtube.com/watch?v=LWHFvGmvPqQ&t
https://www.youtube.com/watch?v=3CBNZ-kX74U&t





Interesting articles from official Hacken blog >


"HACKEN PROVIDES ALL TYPES OF CYBERSECURITY SERVICES FOR THE GLOBAL IT INDUSTRY"
https://blog.hacken.io/hacken-provides-all-types-of-cybersecurity-services-for-the-global-it-industry-4b65128258af






"50 SHADES OF HACKING: THE TRUTH ABOUT GOOD AND BAD HACKERS"
https://blog.hacken.io/50-shades-of-hacking-the-truth-about-good-and-bad-hackers-1ff8e7ff7afc






"WHAT IS BUG BOUNTY PROGRAM?"
https://blog.hacken.io/what-is-bug-bounty-program-2120fcb628d3





Some community graph





And now lets go to our telegram channel with awesome community! https://t.me/hackenio

TenX Pay Token Hitting Resistance

TenxPay Token has formed a double bottom at $0.45, after which price went up sharply. During the past three days, PAY/USD gained 111%, while rising from the $0.45 support up to the $0.96 resistance.

The resistance is confirmed by 38.2% Fibonacci retracement and today it was rejected, along with the 200 Moving Average and middle trendline of the descending channel. Currently it looks like $1 psychological resistance could play a key role in further price development.

But the fact is that the resistance has been rejected and at this point the correction down is possible. Price could decline towards 23.6% Fibs support at $0.76, or if broken, down to either $0.55 or $0.45.

On the upside, if daily close will be above the $1 price should continue moving higher towards one of the resistance levels. First is 61.8% Fibs at $1.27, and second is 76.4% Fibs at $1.46. Break and close above the $1.46 resistance, along with the upper trendline of the descending channel could signal on the beginning of the strong uptrend, while rejection should result in a correction or even a downtrend continuation.

Source: http://cryptopost.com/tenx-pay-token-hitting-resistance/

It doesn't really matter how many winners you pick, what really matters is, how much do you make when you'r right and how much do you lose when you'r wrong.

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!

BinanceCoin VS Bitcoin Trending North

The Binance coin is clearly trending upwards, within the ascending channel. Fibonacci applied to the corrective wave occurred during the period of 03.04-18.04, shows that the 261.8% resistance has been reached and rejected.

This has resulted in BNB/BTC correction down from the btc 0.00265 resistance down to the btc 0.00225, where price rejected the lower trendline of the ascending channel. To talk about the uptrend continuation at this point would be far too early, because the fact is that the resistance was rejected.

Therefore, the consolidation period could start where price will range between 161.8% Fibs at btc 0.00218 and resistance 261.8% fibs at btc 0.00265. It is important to watch these levels and break above or below should shed some light on further intentions of the Binance Coin.

Source: http://cryptopost.com/binancecoin-vs-bitcoin-trending-north/

Ethereum VS Bitcoin Price Development

Since Ethereum formed the top, back in 20th of May, price has declined from btc 0.0858, down to the recent low at btc 0.07. This was a 18.5% drop that has taken place during the past 5 weeks.

Yesterday, after producing few spikes below the 3/1 Gann Fan trendline, ETH/BTC rejected rejected it, by failing to close below. Nevertheless, price hasn’t touched the 50% Fibonacci support which could mean that ETH could start consolidating and eventually hitting the support.

Now ETH/BTC seem to be stuck between the uptrend trendline, which is acting as the resistance, and 50% Fibs. In order to establish a trend, break above or below will be required and only then Ethereum will be ready to move.

At this stage it could be better to wait out the consolidation phase and see how price will react to the Fib support and resistance trendline, and only then take action accordingly.

Source: http://cryptopost.com/ethereum-vs-bitcoin-price-development/

Bitcoin Key Support Area

Bitcoin found the low at $5777, but it didn’t stay there long. Straight after price jumped u by nearly 10%, hitting $6340 high. Such a massive buy pressure might suggest that this is a very important price for the Bitcoin that could result in a strong fight between bulls and bears.

Fibonacci, applied to the last corrective wave up, shows that 127.2% Fibs at $5946 still plays an important role ans it has acted as the support and resistance already. Looking at the current corrective wave down, BTC/USD found the support at $5992, and rejected it.

Overall, the key support area is located between $5946 and $5992, which makes a $6k a very interesting area, concerting a long term price development of the Bitcoin. At this point there are some clues about the potential price reversal to the upside, but this is only if there will be no daily close below the $5946. And if Bitcoin will break below, further decline will be extremely likely, and price could reach $5k, $4k and even $3k in the mid to long term.

Source: http://cryptopost.com/bitcoin-key-support-area/

Gulden VS Bitcoin Established Strong Support

Since 10th of March, when Gulden found the low at 1030 satoshis, price has been ranging between that support and 1400 satoshis resistance. At least 3 times NLG/BTC rejected the support, with the most recent bounce occurred on the 19th of June.

It seems that after that, price broke above the descending channel, signalling on a potential trend reversal. NLG found the local high at 1170 satoshis and today trading near that area. Till now, it failed to break above and produce a new higher high, thus, there are still doubles about the reversal potential.

But, if it managed to break and close above the probability of the reversal will become much higher and this could trigger wave up, towards the previous resistance at 1170 sats. Then, if broken NLG should continue moving higher towards the key resistance level at 1820 satoshis.

But there is also an alternative growth scenario. If price stays below the local high, Gulden, might go down and potentially produce the spike below the previous low, formed back on 14th of May, and only then begin the correction, or a reversal.

Source: http://cryptopost.com/gulden-vs-bitcoin-established-strong-support/

Monaco VS Bitcoin Uptrend Continuation

Following the previous idea on Monaco coin against the Bitcoin, price has rejected the support level at 161.8% Fibonacci retracement level that is 75.8k satoshis. MCO/BTC then went up as expected and today hit the first level of resistance, that is 100k satoshis.

This is a very strong psychological level which should give idea on further price development. Currently price spiked up above that resistance, yet, a daily close above the recent spike at 105k satoshis is required in order to confirm the uptrend.

When/if that happens Monaco is likely to continue moving higher towards 161.8% Fibs at 178k satoshis area, which corresponds to the uptrend trendline. Nevertheless, the corrective move down still would be possible, and should provide a good buying opportunity.

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

CLAM vs Bitcoin Increased Volatility

Recently CLAM has been trading under the increased volatility and on the 24th of June price produced a spike in both direction, up and down, with the range of 75%. Prior to the spike, the double bottom has been formed at 36180 satoshis, although after the volatility price failed to close below that support level.

Today CLAMS/BTC gained over 15% and went from the 36180 support up to the current price at 40800 satoshis. The interesting point is that CLAM is trading right at the downtrend trendline and produced a high at 42323 sats. Break and close above this resistance should push price further up towards the 61.8% Fibs at 47k satoshis.

If that resistance is broken, further uptrend should be expected, this time it could rise towards the previous high at 60k satoshis. And only break and close above that resistance could suggest the beginning of an uptrend, rather just a corrective wave up.

Source: http://cryptopost.com/clam-vs-bitcoin-increased-volatility/

Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.

Invest all in Sonder and get x100 is the best idea atm

Thank you for this info, I'll still do a personal evaluation.

Ardor VS Bitcoin Reached The Support

Today Ardor hit the 2143 satoshis, that is 327.2% Fibonacci retracement level applied to the corrective wave up, after the ascending channel breakout. The support has been rejected cleanly, after which price went up, but rejected the downtrend trendline.

It is a very interesting timing for the Ardor, because today’s’ low could be the very bottom of the downtrend, or very near it. But as of yet, there are no confirmation of that, therefore it would be reasonable to at least wait for the downtrend trendline breakout.

Daily break and close above the 2422 satoshis resistance should be the first confirmation that ARDR/BTC is planning to move higher. On the other hand, daily break and close below the recent low might result in a consolidation, spike down or even the downtrend continuation.

Source: http://cryptopost.com/ardor-vs-bitcoin-reached-the-support/

Particl VS Bitcoin Short Term View

Particl has formed a double bottom at 67500 satoshis after which price went up and today broke above the downtrend trendline. It seems that this is the beginning of either a correctional move up or even trend reversal.

PART/BTC is expected to rise towards 94150 satoshis area in the near future. This is the 50% Fibonacci retracement level from the last wave down. Price could reach 61.8% Fibs, that is 100k satoshis area, the key psychological resistance.

Break and close above this resistance could be the confirmation of the trend reversal, but for now only a correctional wave up is expected. On a downside, break and close below the recent low at 66k satoshis should invalidate bullish outlook.

Source: http://cryptopost.com/particl-vs-bitcoin-short-term-view/

BitBean VS Bitcoin Hitting The Bottom

Today BitBean has reached the low, hitting 57 satoshis level. There it has rejected the 88.6% Fibonacci retracement level as well as reached the bottom of the descending channel, and rejected it.

The RSI oscilator shows the bullish divergence which could mean that the bottom has been reached and price could start to move upwards. While the support is holding the reversal probability remains extremely high, providing a strong buying opportunity with a very good risk/reward ratio.

BITB/BTC could reached one of the previous resistance levels, that correspond to the extended descending channel upper trendlines. First resistance is seen at 105 satoshis, and second at 158 satoshis. These are only nearest resistance levels and potentially price could go much higher producing a new all-time high.

Daily break and close could invalidate bullish outlook and should be used as an excit signal from the long trade. If/when that happens downtrend should continue, sending the price lower, perhaps down to 20 satoshis area.

Source: http://cryptopost.com/bitbean-vs-bitcoin-hitting-the-bottom/

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

Ethereum Classic Moving Up

Ethereum Classic found the bottom at $12 after which it started to move up breaking above the 200 Moving Average. The price patter shows that ETC/USD produced higher highs and higher lows, suggesting the beginning of an uptrend.

At the same time ETC continues to bounce off the uptrend trendline and currently trading very close to it. Current support is seen at 23.6% Fibs, that is $15 area and it is likely that it will be retested, along with the 200 Moving Average. But price could also start moving higher without any correction and seems like the buying opportunity is presenting itself.

ETC next stop could be the nearest Fib retracement level – 50%, that is $18.9 level. Break above should push price high and could potentially be the beginning of a long term uptrend continuation.

As has been mentioned, the correction down is possible and in the worst case scenario price could get back to $12 support, but only break and close below that level would invalidate bullish outlook with confidence.

Source: http://cryptopost.com/ethereum-classic-moving-up/