After a breakout confirmation on STORJ which was on its ATL as we stated on our August 5 call, it did touch TP 1 on the 23.6% fib level at 7283 sats and reached 7400 sats. A total of 40% profits so far. Another leg up rally is expected after the pull back area and it started already. We will most likely see another rally on the following 4 to 5 days. Those who...
An Ascending triangle is created on the 1D chart on ChainLink and a reversal uptrend move is already on the way finishing the 1st elliot wave creation and is now in consolidation for the start of the 3rd. Since Feb 2018 Link was in a downtrend like the other crypto assets in the market. After an engulfing bullish candlestick creation July 25 it already setup its...
This is absolutely doing very great again and Link is moving exactly as expected. Now it seems there will be a healthy pull back for a correction before another rally upwards. For swing traders our Link call reached 4860 sats so far which is a total of 62%% in just less than 34 hours.
Since its listing on Binance ZenCash has showed a fair performance recording its lowest at 2528 sats on the platform. If a double bottom is confirmed on the 1D chart we might see a good leg up trend move with a continuation of the 3rd elliott wave rally. RSI looking good at 48. Volume need to increase some move upwards. As it is described if the candle close above...
HMQ was in a downward move since May. And currently at the point where its ATL was in Dec, 2017. By the past 3 days a good amount of volume was poured in and a good sign of an upward reversal pattern is in creation. If it can close above the falling wedge resistance line at around 990 there will be a possibility of an upward elliotwaves creation too. RSI looking...
This is absolutely doing very good and Link is moving exactly as expected. RSI is at around 62 and both the 50EMA and 89EMA are below the price. If it can close above the triangle this would be a great upward move to see. For swing traders our yesterday call it reached 4313 sats so far which is a total of 43.76% in just less than 13 hours. Pair :...
The past 4 days was one of the sweetest for both ETC holders and the developing team. By default this reversal trend which happened on the past 4 days was actually expected as we earlier, in mid June, reported on our telegram channel that Coinbase was planning to list ETC and that it would be a very good opportunity for the coins holders. But most crypto traders...
From its ATH at 20K to its recent low at around 5.8k area Bitcoin seems is creating a clear ascending triangle and it still will continue to consolidate inside the triangle. By this, since our likely forecast on bitcoin yesterday and is already going down searching for a stronger support. It seems it will touch the ground for the depicted traingle in the following...
On our latest update on Bitcoin yesterday we said that there where 2 possibilities to happen which were easy to guess. Our "most likely" scenario take the stage and Bitcoin retraced to 6.8k level and re-bounce again. It seems the it tested the support level on both the 10k to 5.7k retrecment and on 8.5k to 6.7k retracement levels. It seems we are again in a...
So once again Bitcoin is on a critical point in which holds two possible scenarios. Continue downward movement to the next strong support around 6.7k level or rebound back to the resistance at around 7.4k. Its still in an ambiguity creation scenario to say where it is heading but from the above two scenarios testing the 6.7k is more likely the one to happen. Both...
Since MID July Cardano was in a correctional downtrend. It already broke the falling wedge triangle earlier today on the 4H chart. If it can hold its pace we might see an elliottwaves formation in the next 2 to 3 days. RSI is at 48 and MACD also looking good for the time being. A little volume spike might improve the energy of the reverals trend. Entry Zone :...
XRP is one of the controversial crypto assets in the market specially for its centralized behaviour. But it is one of the most speculated assets by banks from crypto currencies so far. It was in a downward trend like most of the crypto assets. And it seems finally it started a reversal from its current bottom at 5423 sats. A falling wedge pattern is already on the...
Like all the other crypto assets Gifto was in a correctional downtrend for some time since May. But the difference from the other crypto assets is that it is on its intial token price which is almost the bottom of the coins history like we have seen this scenario on ICX . A falling wedge pattern already created both in the 4H and 1D charts and it seems its all...
2 Scenario's Expected 1. A rebounce from the support at around 460 sats and started an elliottwaves upward reversal trend. 2 . Closes below the support at around 460 sats and continue further its continuation pattern. RSI : 41.2168 Below the 9 DEMA. Entry Level : 452 sats - 470 sats Possible Targets : T1 : 504 sats T2 : 532 sats T3 : 554 sats T4 : 577 sats...
Since May REP is one of the potential crypot currencies that do not show that much uprising move when markets shows some upward move. It seems on the 1D chart it ends up with its correction and started an upward move. RSI is on an average scale around 57.2. Price is below the 21 WMA and just some volume spike will most probably spike the price as well. But unless...
Waves is one of the best crypto currencies out there in the crypo world. Like most of our recent analysis patterns Waves is also in a falling wedge creation pattern. It seems its in its dip position since such a massive longer period of time in this short history of the crypto world. So if the candle closes below that green support line of the falling wedge we...
ICX is without any exaggeration is one of the crypto assets of 2018 which both faces a great hype and a low performance as its been said about it all over the crypto community. As all alternate coins showed a big correctional downward since May, ICX also performs the same way as the other markets. It almost decreases about 5x of its May price and it seems it...
Key just listed on Binance on mid June and showed a very high prospect comparing to the other crypto markets. At the time of listing on Binance this coin increased almost 6.5x within 2 weeks period. This time it is creating a falling wedge pattern like most of the crypto currencies in the market. It might further go some down moves and if it can break the support...