As the chart shows, STEEM has a history of doing very big jumps up if gets the right volume. Considering STEEM is about 60% down from its recent high in early June (.000945), and is only at about 10% of its ATH at .00686 from July 2016, I think its not a bad idea to accumulate some STEEM just in case it decides to go for a another ride up.
Waves which has been on VERY nice run since the 1st of August has gained 75% (at its peak) in less than week. Unfortunately in the last 2 days however, it has gone down about 10%, so what exactly is in store for WAVES?
To start off, If you look at the black line right down the middle on 7/22, you can see a very similar pattern forming on the right side that...
SYS is looking pretty good right now if you are looking to make an entry. Although there is a descending triangle which is usually bearish, the RSI shows oversold and the SMA has crossed over (at least for now) so those are some good signs. With WAVES, ANS and other high profile alts making nice gains, once people decide to take profit on those...i feel that SYS...
STRAT had a nice run earlier this week and hopefully you guys were on the receiving end on some of those profits. Currentlly its taking a little breather but is still in that nice little uptrend since the 28th. I would say to be cautious if it breaks below 200k with some volume (if it touches it then its fine), we could see a bounce off of 205k at the trend...
LBC looks like it might be poised for a rally once BTC price settles down a bit, cup and handle are potentially forming but need to wait for confirmation, the handle is right along the lower bollinger band and we should look for it to touch .14k or the FIB line before curving and trying to break 20k resistance and other poential resistance levels above.
Target 1...
NXT is a great platform and idea that I wholeheartedly support, but feelings dont make money in this field. NXT is going to have big fundamental events in the next 1-7 days so TA wont be of much use here for now. They have an ICO starting at 6:45 UTC 8/5 which will continue onto 8/12. Many people feel that they will receive "free IGNIS" during that snapshot, which...
Factom like alot of altcoins lately is one of those tokens that has a great dev team, great potential and great product but has been slowly going down in price due to a lack of news. In the chart you can see a descending triangle forming, while generally bearish, in my opinion based on fundamentals wont last long. Ive been accumulating in the 600-620k range and if...
