We advise traders to accumulate OMG/BTC as it has recently tested its low from Dec '17. Our plan is as following: Accumulation zone: 0.000480 - 0.000550 Sell zone: 0.000694, 0.000798, 0.000920 We wouldn't be worried as long as the pair manages to stay above 0.000450
BITFINEX:EOSUSD presents itself as a candidate for a long setup. Slightly lagging, but moving in line with the likes of ONT, WTC and ICX, following are some of our technical observations: 1. Bounce from a long term support at ~$4.50 with constructive trend in oscillators. 2. Price action suggests closing above short term moving averages (9 & 21 case in point)....
BNB Community Coin of the Month voting is just around the corner. As we have seen over the past months, it has proven to be a catalyst for Binance Coin, as demand increases. Keeping our hopes high from Round 9 of Community Coin of the Month voting scheduled for 27th August - 31st August 2018, we are eyeing a target of ~$11.60 (Upside of over ~14% from current...
After roughly a 1000% run from its ascending triangle back in Dec 17 - Jan 18, BITFINEX:XRPUSD now seems to be dying a painful death to those who haven't looked at it well enough. Bitbloxx however does not believe in letting such opportunities slip. After thoroughly analyzing the historic chart, we came up with the following technical observations: 1. $0.32...
We have been noticing BINANCE:QTUMUSD since quite a while now. Volume/Market Cap ratio generally stays above 40%, with divergence on the daily chart showing accumulation within the current price range. Trade Plan: Buy zone: $7.30-$7.10 Stop loss: Closing based stop below $6.74 Target: $11.20 - $12.40
In our previous post, we emphasized on picking fundamentally strong projects trading at deep discounts. Stratis Platform (token: BINANCE:STRATBTC ) is another project that we feel may outperform the Market as the dust settles. Stratis Platform: The Stratis Platform offers simple and affordable end-to-end solutions for development, testing and deployment of...
With BITFINEX:BTCUSD and its' likes gaining ground, the Crypto Market presents several opportunities for Capital gains. At Bitbloxx, we believe that projects with strong Fundamentals coupled with Technical strength is all that is required to beat the Benchmark. Without any doubt, BINANCE:VENUSD has all the right ingredients at the right time. VeChain:...