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,...
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...
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...
Etherparty currently trading near $0.05 support area, after it has rejected 61.8% Fibonacci at $0.0488. Price continues to consolidate without any major moves. However, while the support is holding the price is very likely to start moving higher. The nearest upside target is where the upper trendline of the descending channel has been rejected previous, which is...
Since April, Burst has been steadily moving upwards producing higher highs and higher lows, while it moved from 190 up until 360 satoshis. On a corrective wave down price reached 280 satoshis support, that has been rejected along with the uptrend trendline. Yesterday BURST/BTC broke above the minor resistance at 320 satoshis, which should result in a continuation...
GAS has found the support at btc 0.0024, that is 76.4% Fibonacci retracement level. This support has been rejected twice, along with the uptrend trendline. The wave up followed, where GAS/BTC broke above the downtrend trendline suggesting the beginning of the uptrend. Nearest upside resistance is seen at 38.2% Fibonacci, that is btc 0.0038. Previously this level...
After Lunyr has reached the btc 0.0038 high on the 14th of May, price went sharply down and broke below the uptrend trendline. Fibonacci applied to the corrective wave up after the trendline break, shows that support was found at 227.2% level, that is btc 0.00145. The support has been rejected cleanly and price starting to move up. This tendency is likely to...
Following the previous idea on Aelf , it has reached and broke above the upside target suggesting the continuation and perhaps acceleration of the uptrend. ELF/BTC has gained 325% since March, while the price moved from 6k satoshis support up to 23.8k satoshis all-time high. On a corrective wave down price corrected to 14.7k satoshis, that is 50% Fibonacci...
IOTA formed a bottom near $1 psychological support and price started to move up. IOT/USD broke above the 50 Moving Average followed by the breakout of the descending channel. Price has reached the high at $2.7 and corrected down. The support has been found at 50% Fibonacci retracement level that is $1.8. At the same time IOTA is rejecting the 50 Moving Average...
After finding the support at 2400 satoshis, Incent has started to consistently move up, producing higher highs and higher lows. At the same time price is rejecting the uptrend trendline, 23.6% Fibonacci retracement and currently trading above the 200 Moving Average. Seems that it is only a matter of time for INCNT/BTC to break above the previous resistance at...
TimeNewBank token had a massive correction down after reaching an all-time high at 2255 satoshis. Price declined by 86% and found the support only at 300 satoshis area. This is the 261.8% Fibonacci retracement level, applied to the corrective wave after the uptrend trendline breakout. The support is being rejected, and during the period of two months price failed...
Just a few hours ago NEM coin has been added to Binance and XEM/BNB, XEM/BTC, and XEM/ETH trading pairs are now available for trading. This news certainly can add trading volume for this coin and potentially boost the upside momentum that seems already started. After a strong correction for the 13.5k satoshis high, currently, XEM/BTC is trading at 3750 satoshis,...
BitBay has found the support at 464 satoshis, that is 127.2% Fibonacci applied to the corrective wave up after the 820 satoshi support breakout. The Fibonacci support has been rejected cleanly followed by a strong wave upwards. The correction down followed along with the consolidation, where BAY/BTC has been trading around 500 satoshis nearly two weeks. But now...
QuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis. At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI...
Since Florincoin reached the high at 6.5k satoshis, back in May 2017, the price has been going down, reaching the 500 satoshis low. This decline resulted in over 90% loss to bitcoin, but now price action begins to look in favor of the trend reversal. After reaching 500 satoshis low, FLO/BTC went up breaking above two descending channels as well as the 200 Moving...
I think NANO will have a bullish run soon. Short term and long terme trends.
After reaching the all-time high at $29, OmiseGo corrected down to 76.4% Fibonacci retracement level that has been rejected cleanly, together with the uptrend trendline. The uptrend remains valid and the price continues to print higher highs and higher lows on the Daily timeframe. After rejecting the Fibonacci support OMG/USD once again started to produce higher...
ViaCoin finally managed to break above the descending channel signaling the potential beginning of a strong growth. VIA/BTC continues to trade above the 200 Moving Average while producing higher highs and higher lows. After hitting a 5 month high at 53k satoshi, it corrected down where it rejected the upper trendline of the descending channel. From this point,...