Current price for BTC is just brushing and rejecting the long term trend line. We expect a BTC breakout either upwards or downwards in the next 48 hours. Upwards targeting $4600 and downwards targeting $3650. If BTC has a candle close above 4150 we can enter with a stoploss at 3950, targeting 4600/5000. If BTC breaks down past $3900 we will look at entries...
A few people have reached out and asked if the market is bullish right now because of all the activity in the altcoin markets. This is a fair question - we haven’t seen this volume of trading in the altcoin market since April last year. The answer is simple. BTC is still the base pair for the majority of the crypto market. When BTC is stable people are much more...
STORJBTC has had a strong breakout from a solid bottom. We set targets to hit as it consolidates its recent upward move. Buy: 6500 - 6600 Target 1: 0.00007177 Target 2: 0.00007606 Target 3: 0.00008631 Target 4: 0.00009296 Stoploss: 0.00006096
RDNBTC has seen steady upward momentum since mid-February. We place an easy first target inside of recent oscillations, and two stretch targets based on previous highs. Stop losses are aggressively tight at this time as we are trading with the assumption that BTC could move downwards in the upcoming days. Buy: 0.00008340 - 0.00008400 Target 1:...
XLMUSDT has had a downwards breakout at the bottom of its range. We target a 23% retracement in the scenario of a downward trend, with later targets coming into play if we are forming a range structure. Buy: 0.10000 - 0.1006 Target 1: 0.10184 Target 2: 0.10360 Target 3: 0.10560 Target 4: 0.10873 Target 5: 0.11192 Stoploss: 0.09674
APPCBTC has shown increasing volume over the past week and has recently broken previous highs. We target previous resistances as it travels in an upwards wedge. Target 1: 2154 Target 2: 2378 Target 3: 2775 Target 4: 3105 Stoploss: 1725
REPBTC has been trading in a range since early March. We see an opportunity for a low-risk entry and modest gains by targeting key levels of resistance in this range structure. Buy: 0.003500 - 0.003550 Target 1: 0.003617 Target 2: 0.003663 Target 3: 0.003705 Target 4: 0.003751 Stoploss: 0.003481
BTC has stayed sleepy since our last update. There are roughly 4 days before it starts brushing against its long-term downward trend channel. We expect upcoming volatility. At this time we predict a swing to 3850 followed by a breakout to 4100 - 4400. If this holds (candle close on the 2H time scale) the breakout could accelerate to the mid-5000s. Do not enter any...
MANABTC is showing a steady climb from its support levels. We will join with a tight stoploss, targeting prior resistances and the upper half of the daily channel. Buy: 1240 - 1280 Target 1: 1377 Target 2: 1612 Target 3: 1788 Target 4: 2116 Stoploss: 1035
VETBTC has had an interesting price breakout from its bottom. We expect a follow on movement with a short term potential gain of 29% (targets 1 and 2). This scenario is invalid if the price drops back to pre-breakout levels so this gives us a natural place for our stoploss. Buy: 130 - 133 Target 1: 156 Target 2: 172 Target 3: 191 Target 4: 217 Target 5:...
MLTBTC has been following an upward channel since mid-January. We join in targeting the upper bounds of this channel. Buy: 0.0000900 - 0.0000905 Target 1: 0.0000963 Target 2: 0.0001017 Target 3: 0.0001146 Target 4: HOLD Stoploss: 0.0000859
GVT is nearing the bottom of an ascending channel started in December. Easy first two targets at the mid and top of the existing trend channel. Later stretch targets focus on a Fibonacci retracement of previous highs. Buy: 9900 - 10050 Target 1: 0.0011924 Target 2: 0.0014430 Target 3: 0.0016666 Target 4: 0.0019895 Target 5: 0.0024181 Stoploss: 0.0009324
WAVESBTC is showing a nice continuation pattern from its recent push upwards. We see a good entry at the current price, with a tight stoploss and a very favourable risk/reward ratio. Buy: 0.0006600 - 0.0006630 Target 1: 0.0007231 Target 2: 0.0007882 Target 3: 0.0008552 Target 4: Hold Stoploss: 0.0006370
BTT has stabilized near 0.00077. We look to capitalize on its next wave while holding a tight stoploss to guard against a potential breakdown. Buy: 0.00077 Target 1: 0.0008518 Target 2: 0.0008885 Target 3: 0.0009988 Stoploss: 0.0007242
XLMUSD is at the bottom of its trend channel. We look at a short term entry now before it retraces to the midpoint. Buy: 0.840 - 0.849 Target 1: 0.0953 Target 2: 0.107 Target 3: 0.121 Target 4: 0.134 Stoploss: 0.07095
XLMUSDT is showing a nice continuation pattern from its recent push upwards. We see a good entry at the current price, with a tight stoploss and a very favourable risk/reward ratio. Buy: 0.0006600 - 0.0006630 Target 1: 0.0007231 Target 2: 0.0007882 Target 3: 0.0008552 Target 4: Hold Stoploss: 0.0006370
ETHUSD has seen a surge from recent lows. We see a great opportunity for scalping and target a 50% fib retracement of the previous high. Buy: 133.78 Target 1: 136.6 Target 2: 139.4 Target 3: 143.89 Stoploss: 132.12
BTC has shown weakness at the $3900 resistance level. We expect a retracement to its most recent support zone at $3450 - $3550. Recommend laddering buys from these levels. Buy 1 - 10% - 3550 Buy 2 - 10% - 3450 Stoploss - 3300 Target 1 - 25% - 3900 Target 2 - 25% - 4100 Target 3 - Hold