HOT Altcoins Trade Ideas - page 8. | Bitcointalksearch.org

cryptopost

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MonetaryUnit VS Bitcoin Triangle Pattern

MonetaryUnit has established a strong bottom at 1270 satoshis level. This support has been rejected multiple times, nevertheless, MUE/BTC failed to break lower. At the same time price stays below the downtrend trendline as well as 50 Moving Average.

MUE seems to be trapped within the triangle pattern, and at this point there is no confirmation of the price moving up. But, break above the 1600 satoshis resistance level could be that long waited confirmation of the uptrend.

At the same time while price is lower 1600 level, the downside risk remains. MUE/BTC could potentially decline towards 1k satoshis psychological resistance, which might be a better entry point for those who wish to buy.

Source: http://cryptopost.com/monetaryunit-vs-bitcoin-triangle-pattern/

cryptopost

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Bread Coin Moving Higher

Bread coin has found the bottom at $0.4, where it has rejected the uptrend trendline cleanly. This could be the continuation of the long term uptrend, but for this at least one more confirmation is required.

BRD/USD is currently trading at 50 Moving Average, which could act as a resistance. But when price will close above it, BRD is very likely to continue moving higher. The nearest upside target is at 38.2% Fibonacci retracement level, that is $0.6. This resistance corresponds to the 2/1 Gann Fan trendline as well as previous levels of support and resistance.

If Bread coin will break above that resistance, it could trigger stronger moves upwards and potentially might result in price producing a new all-time high. On the other hand, break below the $0.4 support would invalidate bullish outlook and could send price lower.

Source: http://cryptopost.com/bread-coin-moving-higher/

cryptopost

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Request Network VS Bitcoin Upside Target

Request Network Token has found the support at 1300 satoshis. The support is confirmed by the 527.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout.

The support was rejected cleanly followed by the strong growth resulted in the break above the downtrend trendline. But REQ/BTC failed to break above the 50 Moving Average, that currently acting as the resistance.

Currently REQ might start to consolidate between 1300 support and 1700 satoshis resistance and it is important to watch for the break above the resistance in order to expect further growth. When/if that occurred, price is likely to move up, towards the 50% Fibonacci retracement at 2350 satoshis. At the same time break and close below the support could result in a continuation of the downtrend.

Source: http://cryptopost.com/request-network-vs-bitcoin-upside-target/

capn

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Activity: 236

Merit: 100

I love waves with their own blockchain and with their own wallet applicationб for me, it's really a hot alternative, because of all attention, which is surrounding the project.

kimma16200

newbie

Activity: 43

Merit: 0

Research certainly helps, but more so for new coins than those which are around for some time already. Because as soon as the masses begin speculating with a coin,

mimota164

newbie

Activity: 28

Merit: 0

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!

cadoso876

newbie

Activity: 97

Merit: 0

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.

chillycoolll

newbie

Activity: 82

Merit: 0

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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Activity: 462

Merit: 100

SONM vs Bitcoin Potential Trend Reversal

SONM has found a strong bottom at the 1900 satoshis level. There it has rejected the 261.8% Fibonacci support level, as well as the 8/1 Gann Fan trendline. This week price went up, hitting the downtrend trendline, which is currently acting as resistance.

SONM/BTC could potentially reverse to the upside, but first it has to break above the downtrend trendline. While it is being rejected, consolidation could take place and SONM is likely to form a double bottom near 2k satoshis area.

The other scenario is if the price stays above the current resistance at 2240 satoshis and breaks below the 1880 low. Then the downtrend is likely to continue, towards the previous support level at 1500 satoshis area.

Source: http://cryptopost.com/sonm-vs-bitcoin-potential-trend-reversal/

cryptopost

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Wings DAO Hitting Support Area

Fibonacci applied to the last two corrective waves up shows that currently Wings DAO has entered the support area between to 127.2% retracement levels. this is the area between $0.23 and $0.26. At the same time WING/USD has reached the area between two downtrend trend-lines, but currently trading above them.

This is a strong support area for Wings DAO which, if rejected, could be turning point for the trend. WINGS could start reversing to the upside and potentially reaching the previous key resistance, the psychological level at $1.

However, the downside risk remains, and price could reach the psychological support level at $0.2 before and if trend reverses. Therefore it could be better to wait for the uptrend confirmation, that could be the break above the downtrend trendline.

Source: http://cryptopost.com/wings-dao-hitting-support-area/

cryptopost

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Activity: 462

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DigiByte Key Support/Resistance

On the 6th of November, DigiByte did hit the low at $0.022, where it rejected the 88.6% Fibonacci retracement level. Since then price price went down again, producing spikes below the previous low. However no clear break and close below has been established by DGB.

The interesting fact is that DGB/USD is once again tested this level yesterday, and it has been rejected cleanly. Nevertheless, there is also a resistance established at $0.032, where the downtrend trendline has been rejected.

If the support will hold and price will break and close above the $0.038, the change in trend could take place, where DigiGyte could produce a new all-time high. The very strong resistance is seen at $0.185 area, confirmed by the two Fibonacci retracement levels.

On the downside, it seem that break and close below $0.016 could invalidate the potential reversal and the downside pressure would become much more obvious.

Source: http://cryptopost.com/digibyte-key-support-resistance/

cryptopost

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Activity: 462

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Basic Attention Token VS Bitcoin Breaking Above

On the 13th of June, Basic Attention Token has found the bottom, hitting 2984 satoshis. At the same time it has rejected cleanly the 76.4% Fibonacci retracement level and price started to rise.

Today BAT/BTC broke above the downtrend trendline which could be another indication of the change in trend. Now BAT is likely to start moving high, with the possible prior consolidation. But there is high probability that it will reach the nearest resistance at 61.8% Fibonacci retracement level that is 4717 satoshis, which corresponds with the previous uptrend trendline.

While the consolidation is possible, price could get back to 3k satoshis area to form a double bottom but only a daily break and close below that support level would put more uncertainty in further price development.

Source: http://cryptopost.com/basic-attention-token-vs-bitcoin-breaking-above/

cryptopost

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Activity: 462

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Qwark Trend Reversal

Qwark has lost over 70% to the USD since the beginning of the May. Price has declined from $0.15, down to $0.04 where it finally seem to have found the support.

The support is confirmed by two descending channels, while QWARK/USD rejected both of them at the same time, bouncing off the lower trend-lines.

From this point onward, looks like Qwark could be starting to move higher, and either produce a corrective wave down or even completely reverse the trend. Price could reach the upper trendline of the descending channel or go higher towards $0.16 or $0.18 resistance areas.

At the same time, daily break and close below the $0.04 support should invalidate bullish outlook where the downtrend will continue.

http://cryptopost.com/qwark-trend-reversal/

ICOBountyPrograms

jr. member

Activity: 126

Merit: 4

I've always been on the fence on Vertcoin... I like others in the list though.

Fourgh

member

Activity: 196

Merit: 10

Quote from: cryptopost on June 14, 2017, 05:29:06 AM

Thanks for this Sir, will check their profiles to verify your claims on the above mentioned ALTCOINS. If you dont mind me asking, what trading site are these altcoins available?

cryptopost

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Activity: 462

Merit: 100

Clams Facing Massive Support

Today CLAMS has reached 11 months low, hitting $2.27 level. This is the key support level for CLAM/USD, that has been rejected for at least 4 consecutive times during the past year. During that year price has moved in cycles, producing up and down waves.

If this cycle will continue the next wave could be starting shortly and confirmation of that could be the break above the descending channel.

At this stage price could either start to consolidate, move slightly lower, potentially to test $2 psychological support, or start a sharp rise. But it is certainly an interesting timing for CLAMS, and if support are will hold and price will stay above the $2, price might go up towards the previous support level at $13 area.

Source: http://cryptopost.com/clams-facing-massive-support/

Sadio mahet

newbie

Activity: 14

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Decred is hitting a 6-month low. It's amazing because so many new ICOs are just copying code instead of trying to create a real decentralized platform.

honguyenphuongdieu

newbie

Activity: 46

Merit: 0

Most of you people who post shit about coins are idiots who are just speculators.

One very important lesson I learned watching coins thus far is that "trends" can be interrupted at anytime for any reason.

Just watching unobtanium reach 1000% in one day and drop again was enough to convince me, coins can be manipulated easily by pumpers.

For example, I believe Verge will moon very soon, despite all the speculators and what they think. <- you can also lump me into this category.

That rhymed didn't it? LOL

cryptopost

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VIBEHub vs Bitcoin has to Confirm the Uptrend

After reaching 3700 satoshis high, VibeHub established the downtrend, breaking below the ascending channel followed by the uptrend trendline breakout. Fibonacci applied to the corrective wave up after each breakout shows that VIBE/BTC reached the support level at 1500 satohis after which price went sharply up.

VibeHub broke above the short-term downtrend trendline, but it rejected the longer-term trendline. In order for the price to start a correctional wave up or perhaps to establish an uptrend, it has to break and close above the recent high, that is 1756 satoshis.

But if Vibe stays below that resistance and breaks lower than the recently established low, then the downtrend continuation could take place. To summarize, it is important to watch the break above 1756 or break below 1480 satoshis, that should shed some light about further price direction.

Source: http://cryptopost.com/vibehub-vs-bitcoin-has-to-confirm-the-uptrend/

cryptopost

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Monaco VS Bitcoin at the Bottom?

Since the spike in price back on 19th of April, Monaco has been steadily going down. Price declined from the 320k down to 75k satoshis in just under two months, loosing 76% to the Bitcoin.

While the price has been moving down, it broke below the uptrend trendline and the 200 Moving Average. Fibonacci applied to the corrective wave up after the breakout shows that currently MCO/BTC is trading at the 161.8% Fibonacci support level, that might start to attract buyers.

If the support is rejected, Monaco is likely to re-test the key resistance at 100k satoshis, that is a strong psychological level. Break above 100k could confirm trend reversal and establish an uptrend.

On the other hand, daily break and close below the current support at 75k satoshis could trigger a downtrend continuation, resulting in the price moving down to the next Fibonacci support level at 36k satoshis.

Source: http://cryptopost.com/monaco-vs-bitcoin-at-the-bottom/

Topic: HOT Altcoins Trade Ideas - page 8. (Read 16080 times)