HOT Altcoins Trade Ideas - page 7. | Bitcointalksearch.org

cryptopost

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Bitshares VS Bitcoin Hitting The Support

Today Bitshares has reached 4/1 Gann Fan trendline, which at this stage has been rejected cleanly. Another major support is 161.8% Fibonacci retracement applied to the corrective wave up after breakout of the uptrend trendline.

This is 2300 satoshis level, and previously price has rejected it. Perhaps the confirmation that BTS/BTC has found the bottom, would be the daily close above 2300 satoshis level. Then it is likely that the price will start moving up, potentially towards the upper trendline of the descending channel.

But, if Bitshares daily close will be below the Gann Fan trendline, then the downtrend might continue and BTS/BTC could reach the 88.6% Fib support at 1700 satoshis area. Overall it is important to watch the low produced today, that is 2220 satoshis.

WhiteShum

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Quote from: thisau152 on June 22, 2018, 01:24:15 AM

Thank you guys for all positive comments, I'll try my best to keep you happy

[AIQ] Artiqox is super cheap now, only 20 sats. AI is going to be everywhere soon. Seems like a good bet but always DYOR before buying

thisau152

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Thank you guys for all positive comments, I'll try my best to keep you happy

cryptopost

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SONM vs Bitcoin Down To Support

Recently SONM has jump up by nearly 50% after it bounced off the 8/1 Gann Fan trendline. SONM/BTC broke above the 200 Moving Average and reached 3000 satoshis high. It seems that this was a strong psychological resistance level, which SONM failed to overcome.

Today price broke below the 200 Moving Average, suggesting yet another wave down. SONM is very likely to re-test the Gann Fan trendline, while correcting down to 78.6% Fibonacci retracement level at 2000 satoshis level.

This is a strong psychological support as well, and if SONM/BTC will reject it, the stronger growth could be expected. But, if broken, downtrend continuation could take place sending price back down to 1k satoshis area.

cryptopost

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NEO vs Bitcoin Approaching Decision Point

Today NEO has approached strong support area, which could be a decision point for the upcoming move. The support is based at btc 0.0055 area, which is confirmed by two Fibonacci retracement levels.

First is 127.2% Fibs applied to the 18.03 – 30.04 corrective wave up. Second Fibs is applied to the corrective wave up after the break of the previous low, formed on the 18.03. The support seems very strong and if rejected, NEO/BTC could starting moving up.

But for this another confirmation would be an advantage, and break and close above the btc 0.006 could be it. On a downside, if NEO breaks below $0.0054 with confidence, further downtrend should be expected.

cryptopost

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NCash VS Bitcoin Short Term Uptrend

Recently NCash has found the bottom at 214 satoshis area. There it formed a double bottom, after which price went up and broke above the descending channel. Today NCASH/BTC broke above the 200 Moving Average, suggesting the beginning of an uptrend.

Fibonacci applied to the corrective wave down after the descending channel breakout shows that the nearest strong resistance is at 260 satoshis, which corresponds to the previous support and resistance.

At this stage NCash should continue moving higher, although small corrective move down can also be expected. Break below 200 satoshis could invalidate bullish outlook where the downtrend continuation will take place.

mr_smith99

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have a look at OPEN platform

YesJP

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Thank you for sharing do you plan to invest in Litecoin ?

cryptopost

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Agrello VS Bitcoin Still trending Down

It seems that Agrello downtrend is still valid, since on the last wave up, price failed to produce higher high. But it actually rejected the 2/1 Gann Fann trendline and 427.2% Fibonacci retracement level at 1884 satoshis.

There are two downside targets / support levels to watch, the nearest is 627.2% Fibs, that is 1550 satoshis. If that support will be broken, price is likely to go lower and test next Fib support at 1377 satoshis, that is 727.2% Fibonacci level.

The trend would only be able to reverse to the upside if price breaks above the 2k satoshis resistance. Otherwise bull should dominate DLT/BTC at least for the short period of time.

rainypu

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A good tactic used for investing especially in altcoins would be to see which coins the altcoin you are investing is dependent upon if your coin is dependent upon Ehtereum, for example, then you should not out all of your investments into that coins since if that coin fails then you will lose all your money split it between the parent and the daughter currency lets say.

cryptopost

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ISimple Token Expected to Double in Value

ISimple Token seem to have found the bottom at $0.023 level. The support level is seen at 78.6% Fibonacci retracement, that is $0.027. This level today has been rejected along with the 3/1 Gann Fan trendline, while the price produce a new high high.

Simultaniously, IOST/USD is breaking above the downtrend trendline, and this combined price action suggests the beginning of a short or medium term uptrend. The strong resistance is seen at 23.6% Fibs, that is $0.063. If/when this price is reached IOST would more than double in value against the USD.

It seems that today price bounced off the support level, with the daily low at $0.026. Break and close below that price on the daily chart would invalidate bullish outlook. This makes the potential buy trade setup with an extremely high risk/reward ratio, which could be very attractive for ISimpleToken investors.

cryptopost

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Substratum Potential 20% Gain Over Bitcoin

Substratum found the bottom at 3824 satoshis, tested on the 13th of June. Then price broke above the descending channel, and finally, today it broke above the 50 Moving Average suggesting the beginning of either a correctional wave up, or a long term uptrend continuation.

SUB/BTC price is likely to increase towards the 61.8% Fibonacci retracement level area, that is around 5200 satoshis. Previously price rejected this level as the support on two occasions.

The downside risk at this point is minimal, although a short term consolidation or a small move down can be expected. But only break and close below the 3824 low could result in a continuation of an uptrend and invalidate growth potential.

cryptopost

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Tron VS Bitcoin Uptrend Again

Tron recently formed a bottom, hitting 612 satoshis low. At that point it rejected the 3/1 Gann Fan trendline, which has acted as the support. Yesterday, under the heavy volume, TRX/BTC broke above the 4/1 Gann Fan trendline as well as the 50 Moving Average, suggesting the beginning of an uptrend, or a corrective wave up.

Today price corrected back to the Moving Average and it seems found the support there, at 690 satoshis. It seems that current price is very attractive in terms of a buying opportunity and price should continue increasing.

The first strong resistance is at 64.8% Fibonacci retracement level, that is 860 satoshis, which corresponds to the 8/1 Gann Fan trendline. If that resistance is broken, Tron is likely to test 900-1000 satoshis area, that is 76.4% Fibs. Only break and close below 600 satoshis support could invalidate this scenario.

cryptopost

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Etherparty Should Outperform Bitcoin

Etherparty has recently found the bottom, hitting 541 satoshis level. At this price it rejected the 261.8% trendline of the Fibonacci channel, applied back in 2nd of May, when FUEL/BTC produced the high.

Then it managed to break and close above the 50 Moving Average suggesting the beginning of a correctional wave up, or even a potential trend reversal. Currently Etherparty is trading right at the 50 Moving Average which this time could act as the support providing a good buying opportunity for the short term.

FUEL could grow from 600 up to 1000 satoshis level, that is 61.8% Fibonacci retracement level, conformed by the 161.8% trendline of the Fibonacci channel. All-in-all, fast growth should be expected, unless price breaks below the 541 satoshis low.

Source: http://cryptopost.com/etherparty-should-outperform-bitcoin/

cryptopost

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EthereumClassic VS Bitcoin Way Up

During November – December 2017, Ethereum Classic has formed a double bottom near 130k satoshis area. Since then price formed a strong resistance near 340k satoshis, which has been rejected at least 3 times and then corrected down.

The most recent price action shows that ETC/BTC has found the strong support at 78.6% Fibonacci retracement level, that is 190k satoshis area. At the same time ETC rejected the 8/1 Gann Fan trendline suggesting the continuation of an uptrend.

On the 12th of June Ethereum Classic broke above the descending channel under a heavy buying volume and it seems that this tendency might continue. The upside target is likely to be the 330k satoshis area, that is confirmed by the previous resistance as well as 23.6% Fibs.

Source: http://cryptopost.com/ethereumclassic-vs-bitcoin-way-up/

cryptopost

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Crown VS Bitcoin Bullish Divergence

Today Crown has formed the bottom at 8365 satoshis, prior to which price broke above the descending channel. Nonetheless, it failed to break above the 8/1 Gann Fan trendline which formed the resistance at 12700 satoshis high.

The interesting point is that RSI has already formed a bullish divergence and at the same time broke the downtrend trendline, which could mean that CRW/BTC have some intentions to reverse to the upside or produce a corrective wave up.

Although price could go below todays’ low, it is still seems like the buying opportunity is just around the corner. But to confirm this it is better to way for a break and close above the 12700 satoshis resistance. Only then the corrective wave up should follow, which could result in a growth towards one of the previous resistance levels, either 20200, or 37000 satoshis.

Source: http://cryptopost.com/crown-vs-bitcoin-bullish-divergence/

capn

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Quote from: ?? on ??

Break above that resistance could result in a continuation of the upwards momentum but it is yet to be seen.

Wow, this is really the topic I want to have marked, it looks like Encyclopaedia, all those graphics and wise guys, I need to return here a few times per week and read what are those hot altcoins!

Awan Awan

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Quote from: iceblasto on May 22, 2018, 05:07:36 PM

Quote from: Pytbo on May 22, 2018, 07:28:51 AM

Quote from: AristoteI on May 17, 2018, 10:49:33 AM

Quote from: mnguyenhuyen205 on May 17, 2018, 10:03:09 AM

Many people says that holding is the key.
In altcoins you should be careful in all datas that you have because that is the one who will help you to obtain a huge amount of income that you can used or to support your future goals in life.

Hodl is not always what can help you with trading altcoins. If you have chosen the wrong coin, then I will not give you anything except for even greater losses.

You're right. In addition, sometimes even good coins are overpriced and they are worth selling in order to buy cheaper.

in trading, I think I should always have the courage to make decisions when things are not what I expect,
so I think holding a coin when the price drops is a mistake

You can not say holding coin when its droping is mistake. As we know the coin price can bounce to its price.
With bounce we can at least go back without loss or maybe profit. So holding the strong altcoin is not a mistake.

GalaxyWorld

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The Exchange for EOS Community

Quote from: cadoso876 on June 16, 2018, 10:15:14 AM

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.

For me investment in altcoin is still a form of investment efficiency and bring a lot of profits for investors. However, the weakest point in investing in altcoin is that it is affected by the fluctuation of BTC and the market so it is necessary to have a reasonable investment strategy to succeed in this market.

cryptopost

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Bitcoin may not go below 6k

Bitcoin found the support at $6140 level, that has been rejected on the 13th of June. The support is confirmed by the 227.2% Fibonacci retracement applied to the corrective wave up after the breakout of the uptrend trendline.

Additionally, Bitcoin has rejected the lower trendline of two different descending channels, which may suggest that the price has reached its’ low. If BTC stays above the 6k support area, this could be the turning point, where trend could become bullish in the very near future.

Yet, there are no clear confirmations of the uptrend and the downside risk remains. Nonetheless 6k area seems to provide a good buying opportunity, especially for the long term. Overall, Bitcoin remains under pressure and for many its just a waiting game at this point.

Source: http://cryptopost.com/bitcoin-may-not-go-below-6k/

Topic: HOT Altcoins Trade Ideas - page 7. (Read 16080 times)