Falling wedge pattern creation. Breakout confirmation is still expected. RSI at 45. Volume need to increase to see a breakout confirmation. Accumulation level : 860 sats - 940 sats Distribution Targets : Target 1 : 978 sats Target 2 : 1032 sats Target 3 : 1075 sats Target 4 : 1119 sats Target 5 : 1180 sats Target 6 : 1280 sats Stop Loss : 793 sats 25% profits...
Our yesterday ENJIN coin call was a great job indeed and congratulations for those of you who followed our accumulation recommendation. Target 3 : 1075 sats achieved in Binance Target 4 : 1119 sats avhieved in Bittrex A total of 34.8% profits gained so far in just less than 12 hours from our call. We will give status updates on the coin further. Stay Tuned....
Short term upward Elliott waves creation is possible by the following week for the pair MTL/BTC. MTL has been like most of the other crypto's for the last 5 to 6 months and even declined upto 20X in a year. Here is a short term possibility for MTL as an option for swing traders. But a breakout is expected to be in the trade for full terms. RSI is in good terms at...
Another breakout scenario is at the verge of happening in Monaco coin after a good leg up reversal uptrend in the last days of June and at the first week of July. After that it was in a correctional pattern for some time since then. Now it seems it is showing a good indicators behavior of an uptrend. RSI is at 46 and 50EMA is showing a move to go below the...
HMQ has been in a very long correctional moment both in the short and long term time frames. It seems it is in its deepest position now and trying to raise up once again. As you can see in the below 1D chart and in the main chart above HMQ formed a sharp falling wedge and trying to breakout. RSI is at 61 for now and volume is showing a good pump up by the last 4...
Storj finally reached its all time low in the correctional downtrend since May 2018. A falling wedge created both for the mid and long term investment opportunities. And a good indication of a reversal trend is happening in the 1D chart and if this engulfing candle stick can close above the red resistance line we might see a good upward move and a likely of an...
An Ascending triangle is created on the 1D chart on ChainLink and a reversal uptrend move is already on the way finishing the 1st elliot wave creation and is now in consolidation for the start of the 3rd. Since Feb 2018 Link was in a downtrend like the other crypto assets in the market. After an engulfing bullish candlestick creation July 25 it already setup its...
Since its listing on Binance ZenCash has showed a fair performance recording its lowest at 2528 sats on the platform. If a double bottom is confirmed on the 1D chart we might see a good leg up trend move with a continuation of the 3rd elliott wave rally. RSI looking good at 48. Volume need to increase some move upwards. As it is described if the candle close above...
The past 4 days was one of the sweetest for both ETC holders and the developing team. By default this reversal trend which happened on the past 4 days was actually expected as we earlier, in mid June, reported on our telegram channel that Coinbase was planning to list ETC and that it would be a very good opportunity for the coins holders. But most crypto traders...
So once again Bitcoin is on a critical point in which holds two possible scenarios. Continue downward movement to the next strong support around 6.7k level or rebound back to the resistance at around 7.4k. Its still in an ambiguity creation scenario to say where it is heading but from the above two scenarios testing the 6.7k is more likely the one to happen. Both...
Since MID July Cardano was in a correctional downtrend. It already broke the falling wedge triangle earlier today on the 4H chart. If it can hold its pace we might see an elliottwaves formation in the next 2 to 3 days. RSI is at 48 and MACD also looking good for the time being. A little volume spike might improve the energy of the reverals trend. Entry Zone :...
XRP is one of the controversial crypto assets in the market specially for its centralized behaviour. But it is one of the most speculated assets by banks from crypto currencies so far. It was in a downward trend like most of the crypto assets. And it seems finally it started a reversal from its current bottom at 5423 sats. A falling wedge pattern is already on the...
Like all the other crypto assets Gifto was in a correctional downtrend for some time since May. But the difference from the other crypto assets is that it is on its intial token price which is almost the bottom of the coins history like we have seen this scenario on ICX . A falling wedge pattern already created both in the 4H and 1D charts and it seems its all...
ICX is without any exaggeration is one of the crypto assets of 2018 which both faces a great hype and a low performance as its been said about it all over the crypto community. As all alternate coins showed a big correctional downward since May, ICX also performs the same way as the other markets. It almost decreases about 5x of its May price and it seems it...
Key just listed on Binance on mid June and showed a very high prospect comparing to the other crypto markets. At the time of listing on Binance this coin increased almost 6.5x within 2 weeks period. This time it is creating a falling wedge pattern like most of the crypto currencies in the market. It might further go some down moves and if it can break the support...
Verge is one of the controversial crypto assets specially in the beginning of the year it accounted for a very huge amount of news coverage related to MCafee suggestions about this coin. If some of you didn't look at our Medium post earlier this year, this coin is one of the biggest game changers that existed in the whole crypto world. If one buys xvg coins on Jan...
Stellar is one of the most developed and high potential investments in the crypto arena so far. It showed a downtrend movement since the beginning of May and breakout and confirmed an upward raly a week ago. Its RSI is actually falling dramatically but this may change with any type of higher amount volume spike in the market. If XLM can continue its 5 wave imp...