HOT Altcoins Trade Ideas - page 9. | Bitcointalksearch.org

cryptopost

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Myriad VS Bitcoin Found The Support

The Myriad has found the support at 73 satoshis, which is a very cheap price in relation to most coins out there. The support is confirmed by two Fibonacci retracement levels. Fist is 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. And second is 78.6% retracement of the previous wave up.

Clearly the support has been rejected for two consecutive times and it could be rejected once again. The RSI Oscillator shows bullish divergence adding extra confidence to the potential trend reversal or a correction upwards.

Overall, price seems to be extremely attractive while XMY could substantially outperform the Bitcoin in the short, and medium term. But, break and daily close below the 70 satoshis low could invalidate bullish outlook and extend the consolidation.

Source: http://cryptopost.com/myriad-vs-bitcoin-found-the-support/

cryptopost

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BlockSafe Correction Up

Recently Triggers has found the low at $0.48 where it has rejected the middle trendline of the descending channel. The RSI oscillator showed a heavily oversold condition which could result in a corrective wave up. The RSI also broke above the downtrend trendline confirming the potential reversal or correction to the upside.

The support at 227.2% Fibonacci retracement seem to be broken, thus it is too early to speak of the reversal at this point, but the correctional move upwards should be expected. TRIG/USD could reach the nearest resistance at $0.87 in no time, but only break above that resistance might confirm the beginning of the uptrend.

At this point short consolidation period is possible, but only a daily break and close below $0.48 low would invalidate bullish outlook and send price lower, towards the next Fibonacci support at 327.2%.

http://cryptopost.com/blocksafe-correction-up/

cryptopost

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NameCoin 400% Growth Potential

On the 18th of March, Namecoin found the bottom at $1.37, where it rejected the uptrend trendline. Price consolidated at that area for almost a month, but yet, failed to close below that low.

Following wave up resulted in a 100% growth over the USD and break above the 200 Moving Average. However, NMC/USD corrected down and currently could be forming a double bottom at the very same support of $1.37, that yesterday has been rejected cleanly.

It is also important to mention that RSI oscillator formed a bullish divergence on a daily chart, following by the downtrend trendline breakout of the RSI indicator. This could be the bottom for the Namecoin, while beginning of the growth is just around the corner. NMC could reach $3 area in a relatively short period of time, where the first resistance is based. But the final upside target could be as high as $6.74 (a 400% growth), that is confirmed by two Fibonacci retracement levels.

The downtrend could only continue after the daily break and close below the key support at $1.37. While the price is above, it is more likely that the trend will start reversing to the upside.

Source: http://cryptopost.com/namecoin-400-growth-potential/

cryptopost

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Golem VS Bitcoin Range Trading

Golem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May.

At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support area between 6 and 5.2k satoshis could play the key role in further price development.

Price still could get lower and perhaps test the 200 Moving Average or even 5.2k satoshis area. But only break and close below 5.2k level could confirm the presence of a downtrend. But as of yet, price is likely to continue ranting between 6k and 9k satoshis, and break above 9k level should confirm Golem bullish intentions and send price to new highs.

Source: http://cryptopost.com/golem-vs-bitcoin-range-trading/

cryptopost

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AppCoins vs Bitcoin Bullish Divergence

AppCoins has been steadily moving down since the beginning of May. Price has decline from 8455, down to 3900 satoshis, loosing 54% to the Bitcoin. On the 27th of May, APPC/BTC found the support at 23.6% Fibonacci retrenchment level, applied to the uptrend trendline breakout point.

Today AppCoins is attempting to form a double bottom at the very same support area, around 4k satoshis, while forming a bullish divergence on the RSI oscillator. This could be a reversal time, where trend could change the direction, from down to up.

But APPC must stay above previous low established back in March, that is 3780 satoshis. If it breaks below, bullish outlook would be invalidated and downtrend continuation might take place.

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

NeverSop

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HODL

Quote from: cryptopost on June 10, 2018, 05:07:55 PM

LBRY Credits Double Bottom Formation

LBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, that adds extra confidence to the potential trend reversal, if the support will be rejected.

Currently price only produced a spike below the support, but failed to close lower. If it stays above the support, the trend reversal could take place.

But it is important to remember that close below $0.135 might result in further decline and price could reach next support level at 327.2% ($0.11), that corresponds to the lower trendline of the descending channel.

Source: http://cryptopost.com/lbry-credits-double-bottom-formation/

The market continues to fall sharply when bad news is a big Korean Exchange hacker steals assets of investors, so choosing coins to invest at this time is quite dangerous because the market can continued to fall deep. LBRY is a good altcoin and has time to develop in this market, can be based on the chart to choose the right time to buy.

cryptopost

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LBRY Credits Double Bottom Formation

LBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, that adds extra confidence to the potential trend reversal, if the support will be rejected.

Currently price only produced a spike below the support, but failed to close lower. If it stays above the support, the trend reversal could take place.

But it is important to remember that close below $0.135 might result in further decline and price could reach next support level at 327.2% ($0.11), that corresponds to the lower trendline of the descending channel.

Source: http://cryptopost.com/lbry-credits-double-bottom-formation/

cryptopost

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FunFair Might be at the Bottom

In May, FunFair broke below the ascending channel that has resulting in further decline. Overall, price went from $0.06 down to $0.027 in just one month, loosing 55% to the USD.

Fibonacci applied to the corrective wave up, after the ascending channel breakout shows, that 227.2% retracement level is the nearest support for FUN/USD. Today, FunFair has tested the support as well as the lower trendline of the descending channel.

This support area could be the are of interest for buyers, that might potentially reverse the trend to the upside. Now it is a little too early to talk about the uptrend with confidence, but if the downtrend trendline is broken, the probability of trend reversal will become much more probable. On the other hand, if FunFair will break below the support, the downtrend continuation might take place.

Source: http://cryptopost.com/funfair-might-be-at-the-bottom/

cryptopost

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Eidoo Hitting Support

On the 12th of May Eidoo broke below the uptrend trendline that has resulted in further decline. Overall, since April, EDO lost over 50% to the USD and currently is trading at the support level.

The support is a 23.6% Fibonacci retracement level, applied to the uptrend trendline breakout point. That is $1.19 support level, which does correspond to the mid line of the descending channel.

It could be that this is the lowest price this year, and EDO/USD will start rising from this point onward, but only if the price stays above the support. Daily break and close below $1.19 should invalidate bullish outlook and could send price down to $0.65 support.

http://cryptopost.com/eidoo-hitting-support/

cryptopost

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Bitcoin Should Breakout Soon

Since February, when Bitcoin found the low at $6k, price continues to consolidate within the triangle patter. Currently BTC/USD is trading very close to the uptrend trendline and the support level at 78.6% Fibonacci retracement level.

Could it be the turning point for BTC? Yes, it certainly could be. Current price seems very attractive and could provide a good buying opportunity for the medium to short term investors. While BTC stays above $6k, the probability of the uptrend remains very high. There are two resistance areas where the Bitcoin could be heading towards, first is $13k and second $18.5k. Both of them are confirmed by Fibonacci retracement levels.

Only if BTC will break and close below $7k, price could reach $6k support once again, which is a key support. Break below $6k should invalidate bullish outlook and might result in a decline towards $4k area.

http://cryptopost.com/bitcoin-should-breakout-soon/

JanVanHellsing

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Decentralised Wearable Devices

Quote from: cryptopost on June 05, 2018, 07:59:12 AM

BitcoinCash vs Bitcoin Uptrend Established

BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend.

The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC bullish intentions. The potential move up might result in a growth towards btc 0.2, that is 38.2% Fibonacci retracement applied through the all-time high.

But this is only the first upside target and key resistance level. If Bitcoin Cash will break above, that should confirm further uptrend and could send price much higher. On the other hand, rejection could result in a corrective move down or an extended consolidation.

The risk of the downtrend will only become valid once/if price breaks below the btc 0.123. In that case BCC could go down towards btc 0.1 psychological support.

Source: http://cryptopost.com/bitcoincash-vs-bitcoin-uptrend-established/
Telegram: https://t.me/cryptopost

Bitcoin cash is certainly a hot trade, especially now. There is no doubt it will go back to it‘s atm. I personally burned my fingers twice with it, it‘s a more risky currency to trade than others.

cryptopost

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VeChain Confirming The Uptrend

On the 30th of March, VeChain found the bottom at $2.1, where it rejected the 78.6% Fibonacci support level. Price went up and broke the descending channel, reaching the $5.6 high.

The correction down followed and it seems that VEN/USD found the support at $3.28, that is the level where the descending channel has been broken. Then, on the 3rd of June VeChain broke above the downtrend trendline and the 200 Moving Average, suggesting the continuation of the uptrend.

The strong resistance is abased at $7.4 area and could be reached in a relatively short period of time. But it would be reasonable to watch the $2.1 support level, as break and close below would invalidate bullish outlook and could send price down to $2.2 support.

Source: http://cryptopost.com/vechain-confirming-the-uptrend/

cryptopost

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Counterparty Rejecting Long-Term Trendline

At the beginning of April Counterparty rejected the long-term uptrend trendline. The price went up from $10 to $23, after which another corrective wave down followed. At the end of May, Counterparty rejected the long term uptrend trendline once again suggesting yet anther wave up.

The resistance is seen at $31, which is confirmed by two Fibonacci retracement levels. First is 161.8% Fibs applied to the current corrective wave down, where the trendline was rejected. Second Fibs applied from October low, up to the all-time high, and it is 76.4% Fibs.

It seems this is a key resistance level, break of which could confirm a long term uptrend, while the rejection might result in a strong corrective wave down.

The downside risk still remains, but to confirm XCP/USD bearish intentions, price has to break and close below $9.5 level. In this case Counterparty could continue moving lower, or extend the consolidation period.

Source: http://cryptopost.com/counterparty-rejecting-long-term-trendline/

captaincomet

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Perhaps it's better to post such a content in twiiter or telegram. People can turn on notification if they are interested and don't want to miss any posts.

cryptopost

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Lisk Bullish Divergence

After Lisk found the bottom at $7.7, bullish divergence was formed on the RSI oscilater and price went up almost immediately. While moving higher LSK/USD broke above the descending channel and then the downtrend trendline, reaching $10 high.

The corrective wave down followed and was stopped at the 61.8% Fibonacci retracement level, that is $8.6. The Fib support has been rejected cleanly, although Lisk contiues to consolidate near that level.

It seems that now the broken downtrend trendline is now acting as the support and could be the starting point for list to start moving higher. The upside target is seen at $15.5 area, that is 427.2% Fibs applied to the current corrective wave down.

At the same time, daily break and close below $8.6 might invalidate bullish outlook and would probably extend the consolidation, rather than result in a continuation of a downtrend.

Source: http://cryptopost.com/lisk-bullish-divergence/

cryptopost

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Tierion Confirming The Uptrend

Since May, Tierion was moving downwards and has lost nearly 60% to the USD. But on the 29th of May it has bounced off the 88.6% Fibonacci retracement level, that is $0.064. The following wave up resulted in a break above the downtrend trendline reaching the high at $0.088.

The correction down followed and TNT/USD this time found the support at 76.4% Fibonacci retracement level, that is $0.07. Throughout the past few days this support level has been rejected and if not broken, Tierion should start moving higher.

The resistance is seen at 50% Fibs, that is $0.125, which corresponds to the uptrend trendline resistance. But it is still important to watch the $0.064 support level, as the break and close below will invalidate bullish outlook.

Source: http://cryptopost.com/tierion-confirming-the-uptrend/

cryptopost

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Viacoin Medium Term Perspective

Viacoin seem to have found the support at 78.6% Fibonacci retracement level that is $1.5. Although price went slightly lower, and did hit the $1.42, the following wave up resulted in a break above the downtrend trendline. Then price rejected the $1.5 support for two consecutive times, that could suggest that price could start rising.

There are several resistance levels, each of which could be considered as a potential upside target. First is 50% Fibs that is $2, second is 23.6% Fibs that is $2.5. And finally $2.7 level, that corresponds to the previously formed resistance level.

Frankly, the downtrend still is valid and price hasn’t started to produce higher highs and higher lows. But only break and close below the $1.5 support would invalidate bullish outlook and the downtrend might continue.

Source: http://cryptopost.com/viacoin-medium-term-perspective/

cryptopost

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Stellar Lumens VS Bitcoin Upside Target

Since March Stellar Lumens went up from 2100 up to 4900 satoshis, while breaking above the descending channel and the 200 Moving Average. Price has found a strong support at 3500 satoshis area. This is 50% Fibonacci retracement level, which has been rejected for the 3 consecutive times.

It looks like XLM/BTC accumulation phase is getting to an end which should result in a strong move shortly. Considering the the bullish momentum remains strong and price stays above the support, price is very likely to start rising and could reach the upside target at 9k satoshis resistance. The resistance is confirmed by 161.8% Fibs, applied through the all time high, and the 361.8% Fibs applied to the current corrective wave down.

Break and close below 3450 satoshis level might invalidate bullish outlook, but only for the short term, and could send price lower or perhaps just extend the consolidation phase.

Source: http://cryptopost.com/stellar-lumens-vs-bitcoin-upside-target/

cryptopost

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NEO vs Bitcoin Getting Ready

NEO has found the support at btc 0.007 area. The support is confirmed by 61.8% Fibonacci retracement and throughout the past three months it has been rejected several times. Yet, up until now price struggling to go any lower, which could be the sign that NEO/BTC is getting ready to start moving upwards.

The first strong resistance is seen at 61.8% Fibs, that is btc 0.011 and could be reached in a relatively short period of time. Second resistance is at btc 0.015, that is 427.2% Fibs applied to the corrective wave down after rejection of the upper trendline of the descending channel.

On a downside, daily break and close below btc 0.006 would invalidate bullish outlook and could send price down to the upper trendline of the descending channel, or even much lower.

Source: http://cryptopost.com/neo-vs-bitcoin-getting-ready/

cryptopost

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Radium Value Could Multiply by x5

Radium has formed a strong bottom at $2.62 level. This level has been rejected throughout the past year, while price bounced off it at least four times. The most recent bounce occurred on the 31st of March, and price went from $2.62 up to $6.

However, the corrective wave down followed and found the support at $3.3, that is 78.6% Fibonacci retracement level, that is being rejected along with the 8/1 Gann Fan trendline. The timing for the buying opportunity seems to be very interesting as if price will stay above the support, the strong growth will be almost imminent.

There are two resistance levels to watch, first is $13.4 level, where RADS/USD formed the resistance back on 25th of January. The second, and key resistance, is at 78.6% Fibs, that is $17.75 level. If/when that target is reached, the value of the Radium will grow by 5 times, which could happen in the medium term.

To consider the downtrend scenario, price must break and close below the key support level, that is $2.62. Then the consolidation could take place and price could test $2 psychological support.

Topic: HOT Altcoins Trade Ideas - page 9. (Read 16080 times)