So XLM fell as low as the 61.6 fib retracement after peaking the other day and is now hovering around the 50 retracement level now. It is currently being pinched by the trend line so if it holds here, buyers could push this to retest its previous high. I bought in around the 1370 level, but it is not too late to buy in anywhere between 1370 to 1400. Target is...
Solarcoin is currently in a decending triangle pattern with a positive moving RSI and a MACD that is pushing upwards. It looks like this is in a bullish formation, but know that this is a low market cap coin so anything is possible. The volume on Bittrex (the exchange where most of its volume comes in from) is currently at 6.3 BTC for the day so there is very...
You can just look at Bitcoin and see that it is itching to take off. It is consolidating near an ATH meaning it is still in a bullish movement.The RSI is in a bullish position as well and has a lot of room to grow, the MACD is also about to cross. I suspect Bitcoin will run to anywhere in the lower 20K range. Im not sure what will happen after the futures are...
Just some advice. Earlier I made a post about VTC:BTC holding the trend line pretty well at 47000 sat and looking like it might break out of its descending wedge. This post is to reiterate the fact that you should ALWAYS wait for the candle to close before you make a decision and do not panic sell for a loss. Will VTC continue to go down? I don't know, but I do...
So XLM looks to have found new support at previous resistance (900 satoshi). The trend is also looking positive with some upside potential on the RSI. I do notice though that the RSI is weakening and the 4 hour chart is looking iffy as well. Please notice that this is a 30 minute chart and therefore is only meant for short term gains. I do not plan on staying in...
CVC looks to be in a pretty nice movement at the moment. RSI is in a positive movement and the MACD is crossing into bullish territory as well. It is currently forming a bullish flag and holding pretty nicely. About to break upwards. Target is 2750. If it fails here, look for entry at the trend line. Good luck fam!
Keep an eye out on Vertcoin, it seems to be holding support at 47000 sat pretty well. The MACD and RSI on 1 hour and 30 min look like it is setting up for a reversal. If it holds where it is now and moves up from here, it will confirm a higher low as well. Target is 69500. Good luck fam!!
TIX is currently falling below support at the 61.6% fib retracement from the last run. And it just so happens that the trend lines falls right along the 78.6 fib retracement meaning there will be a lot of eyes looking and buyers buying. I would set buy orders for anywhere between 5200 and 5350 and look to take profit at whatever percentage you would like. I do not...
So support was broken and the price fell to around 130 to 136 depending on which platform you are using (bittrex, Coinbase, etc.) but it proved to be a strong support level and prices have now pushed over the bearish trend line. I expect a short retracement back to the previous support/resistance at 149 which is also the 50% retracement. Then a push to retest 175....
LTC is currently performing a bullish flag. Best entry would be at support around 152, resistance can be found around 172. A break above resistance will likely lead to our target of 200 dollars. A break below support will bring the price down around 130. Good luck fam! On a side note, the fundamentals on Litecoin are looking amazing, here are just a few numbers...
Looks like a solid Elliot Wave forming with a target of approximately 60K Satt. I dont have it shown but it is currently resting on the 67% fib retrace from the last spike so another jump is likely. Hitting target would be about a 15% to 20% gain. If it falls below trend, it will likely fall to support around 41K Sat. Good luck