Cryptocurrency Trade Ideas and Latest News

[speculator]

CapriCoin 333% Growth Opportunity

Capricoin continues to produce higher highs, but with every new high it returns back to the support near $0.3 area. An all-time high has been produced on 13th of January, where price hit $2.6. And once again it corrected down to $0.3 support area, but this time losing 86% to USD.

The fact is that price is rejecting the support are and at the same time the uptrend trendline, suggesting the continuation of the uptrend if the support will hold.

The price could go as high as $2.5 area, where double top could be formed, not to mention that this is 333% growth opportunity. Nevertheless, it could take time for CPC/USD to reverse, while price could range between $7 and $3 for another month. On a downside, only a weekly break and close below $0.2 could invalidate bullish outlook.

Source: http://cryptopost.com/capricoin-333-growth-opportunity/

 

[speculator]

Bitcoin H&S Pattern – Growth Towards 17-18k?

After finding the low at $5900, the Bitcoin price went up breaking above the 200 Moving Average and then forming the head and shoulders pattern. Yesterday BTC/USD broke above the neckline trendline of the H&S pattern suggesting the continuation of the uptrend.

Bitcoin still is trading above the 200 MA, which could act as the support before the price goes up to either 76.4% or 88.6% Fibonacci retracement, that is $16600 and $18300 resistance levels.

The support is clearly at $9200, where the left and right shoulders were formed. If Bitcoin will break below the Moving Average, it could decline towards the $9200 support once again before moving higher.

Source: http://cryptopost.com/bitcoin-hs-pattern-growth-towards-17-18k/

 

[speculator]

Florincoin VS Bitcoin – The End Of Consolidation?

Since Florincoin reached the high at 6.5k satoshis, back in May 2017, the price has been going down, reaching the 500 satoshis low. This decline resulted in over 90% loss to bitcoin, but now price action begins to look in favor of the trend reversal.

After reaching 500 satoshis low, FLO/BTC went up breaking above two descending channels as well as the 200 Moving Average, although rejected the resistance formed around 3k satoshis area.

Currently, RSI has formed a bullish divergence suggesting that the price once again is ready to move higher, at least towards the massive resistance area at 3k satoshis. But to confirm the potential upcoming wave up, Florincoin should break above the minor resistance at 1200 satoshis. Break above the 3k satoshis resistance should result in more growth and could send price up to 6.5k satoshis or higher.

http://cryptopost.com/florincoin-vs-bitcoin-the-end-of-consolidation/

 

[speculator]

Adex VS Bitcoin +630% Potential

Adex is currently trading within the descending channel, although on the last wave up it failed to test the upper trendline of the channel and went down. The decline was stopped at the 10k satoshis, that is a strong psychological support as well as 76.4% Fibonacci retracement level.

While the support is holding it is very likely that ADX/BTC could establish an uptrend, towards 74k satoshis resistance confirmed by two Fibonacci retracement levels. That is 630% growth potential over the Bitcoin.

On a downside, daily break and close below 10k satoshis could extend the consolidation and send price back to 5.5k satoshis support, nevertheless, that price should be far more attractive for buyers.

Source: http://cryptopost.com/adex-vs-bitcoin-630-potential/

 

[speculator]

StealthCoin Facing Strong Resistance

Back in January, StealthCoin has reached an all-time high at $1.75. Since then the price has been consistently declining, resulting in 86% lost to the USD. The bottom has been established at $0.23, although price still ranging between $0.42 resistance and $0.23 support.

At this point, the direction of XST/USD has no clear pattern. While the price is trading at the resistance, the probability that it will be rejected remains high. The resistance is confirmed by the 361.8% Fibonacci retracement level applied to the corrective wave up after the ascending channel breakout. On the other hand, the nearest support is based at $0.2, that is 461.8% Fibonacci retracement level.

If the resistance will be respected, StealthCoin should produce at least another, perhaps a final, wave down towards $0.2. Only a clean break and close above $0.5, would invalidate bearish outlook and could result in a beginning of an uptrend.

Source: http://cryptopost.com/stealthcoin-facing-strong-resistance/

 

[speculator]

Status (SNT) vs Bitcoin Uptrend?

tatus Network Token has found at 1500 satoshis area, where price formed a double bottom and at the same time RSI oscillator formed a bullish divergence suggesting the reversal of the trend. Yesterday SNT/BTC broke above the 2/1 Gann Fan trendline, which could be the first signal of the buying opportunity presence.

If the support will hold, the price is likely to start moving upwards, towards one of the Fibonacci retracement levels that corresponds to the previous resistance levels. The first target is at 2870 satoshis, if broken, the second target should be at 76.4% Fibonacci retracement level, that is 3680 satoshis.

Source: http://cryptopost.com/status-snt-vs-bitcoin-uptrend/

 

[speculator]

Lisk VS Bitcoin – Where To?

Lisk reached an all-time high against the Bitcoin on the 10th of February, hitting BTC 0.0034. The strong rise followed by a sharp decline and Lisk already lot over 60% to Bitcoin.

At this point, LSK/BTC is facing 61.8% Fibonacci support at BTC 0.00135, which today has been rejected cleanly. Whether the support will hold or not should shed some light on the further price development.

Break below could send Lisk even lower, towards 88.6% Fibs at BTC 0.00073. But if the support will be respected by the market, range trading could take place, eventually resulting in a continuation of a long-term uptrend.

Source: http://cryptopost.com/lisk-vs-bitcoin-where-to/

 

[speculator]

Ardor Hidden Double Bottom

Ardor found the support at $0.27 where it formed a double bottom. Although it seems the support has been broken, there was no clear break below on the daily chart.

If ARDR/USD will not go lower than $0.24 it is very likely that the price will hit the resistance at $0.53 in the short to medium term.

Break and close below the $0.24 low should invalidate bullish outlook, extend the consolidation or send Ardor even lower.

Source: http://cryptopost.com/ardor-hidden-double-bottom/

 

[speculator]

Cindicator VS Bitcoin Trap

Since reaching an all-time high at 3320 satoshis, Cindicator went down and found the support at 88.6% Fibonacci retracement level. So far it has been rejected along with the 8/1 Gann Fan trendline, where no clean break below was witnessed.

It seems that now CND/BTC is trapped between the support and resistance, which may lead to a consolidation between 830 and 1170 satoshis. Break above the resistance or below the support should help to determine the further direction of Cindicator.

Break below should end price lower towards 500 satoshis, while the break above is likely to result in a wave up, towards 61.8% Fibonacci retracement at 2350 satoshis.

Source: http://cryptopost.com/cindicator-vs-bitcoin-trap/

 

[speculator]

Siacoin Roadmap for 2018 and Long Term Perspective

Siacoin is a coin for a decentralized cloud storage and has been around since 2016. It can not be said that it’s a new coin, but one of the veterans in the cryptocurrency market.

At the same time the price of Siacoin remains very cheap and currently, SC/BTC is traded at 130 satoshis! Obviously not many “veterans” cost that cheap and perhaps this could be a very interesting investment opportunity in 2018.

On the Siacoin roadmap for 2018, it states:

“Our goal: Sia becomes production-ready for cold storage, begins to be used by companies, and introduces file sharing.”

If everything goes according to the Siacoin plan, this could trigger a strong rally in price, as not only people but potentially large companies will use Siacoin services for the cloud storage.

Looking at the chart. Siacoin continues to reject the uptrend trendline and currently found the support at 88.6% Fibonacci retracement level. While the support is holding the next wave up could result in a rally towards the 430 satoshis resistance. But/when/if it will be broken, the upside potential could be enormous.

Source: http://cryptopost.com/siacoin-roadmap-for-2018-and-long-term-perspective/

 

[speculator]

TimeNewBank VS Bitcoin is About to Blow Up?

TimeNewBank token had a massive correction down after reaching an all-time high at 2255 satoshis. Price declined by 86% and found the support only at 300 satoshis area. This is the 261.8% Fibonacci retracement level, applied to the corrective wave after the uptrend trendline breakout. The support is being rejected, and during the period of two months price failed to go any lower.

While staying above the support level, TNB/BTC could have formed a strong bottom, which might result in a trend reversal. The first target is at 720 satoshis, and second is at 1250 satoshis, both correspond to the Fibonacci retracement levels and previous levels of the support/resistance.

On a downside, break and close below 250 satoshis should invalidate short-term bullish outlook and extend the consolidation. No major decline can be expected since TNB current price is already extremely low and trading at 360 satoshis.

Source: http://cryptopost.com/timenewbank-vs-bitcoin-is-about-to-blow-up/

 

[speculator]

Synereo AMP vs Bitcoin – Uptrend, the Beginning

Synereo has found the bottom at 2500 satoshis and immediately went up towards 50% Fibonacci retracement at $5k satoshis, that has been rejected. Price has corrected down and went back to the downtrend trendline, which this time acted as a support and also has been rejected.

After that AMP/BTC broke the downtrend trendline of the last corrective wave down, signally on a potential uptrend. The strong resistance is still at 5k satoshis area, but if broken it is likely to rise towards 88.6% Fibonacci at 6.7k satoshis.

On a downside, only break and close below 2500 satoshis could invalidate bullish outlook, thill then price should continue rising and perhaps could go far beyond 7k satoshi resistance area.

Source: http://cryptopost.com/synereo-amp-vs-bitcoin-uptrend-the-beginning/

 

[speculator]

VIBE Token Reversal Potential

VIBE has experienced a continuous downtrend since inception, but the current price action shows signs of the potential reversal of the trend. VIBE/USD has reached an all-time low on the 15th of March while hitting $0.115. The RSI oscillator formed a bullish divergence and price managed to break above the downtrend trendline.

Although the previous support at $0.35 is now acting as a resistance that has been rejected twise. In order for VIBE to start an uptrend, a daily close above that resistance is required.

On a downside, if the resistance will continue to be respected, more consolidation could take place sending price to 227.2% Fibonacci support at $0.1 psychological round number.

Source: http://cryptopost.com/vibe-token-reversal-potential/

 

[speculator]

Binance Coin VS Bitcoin Strong Uptrend

Binance Coin recently has been showing one of the strongest rises against the Bitcoin. Since 9th of March price went up from 8300 satoshis up to 16700 satoshis, gaining over 100%. The trend remains heavily bullish as price continues to produce higher highs and higher lows.

Currently a correctional wave down is taking place, which has found the support at the 3/1 Gann Fan trendline. If the trendline holds, BNB/BTC is likely to continue moving higher to produce a double top around 18k satoshis. Break and close below the trendline should extend the correction down to 12k satoshis area.

Source: http://cryptopost.com/binance-coin-vs-bitcoin-strong-uptrend/

 

[speculator]

What’s up With SiaCoin?

Siacoin is indeed a great project that one day could pay off big time. As it continues to trade near the very bottom, with the current price standing at $0.014, the growth potential is truly enormous.

Since 18th of March, after hitting the bottom at $0.0082, SC/USD started to move higher producing higher highs and higher lows, while at the same time breaking above the 200 Moving Average. Siacoin reached $0.016 high and corrected down to 50% Fibonacci retracement level that has been rejected together with the 3/1 Gann Fan trendline.

It seems that $0.012 is a strong demand zone and the very beginning of the long term uptrend. Perhaps such a low price will never be seen again. Of course this is pure speculation but it certainly can become the reality.

Source: http://cryptopost.com/whats-up-with-siacoin/

 

[speculator]

Lisk Trend Reversal Might be Close

Currently Lisk is trading at $8.2 after it has declined from the $40 all-time high. The total loss to the USD was 80%, which is an average correction after the rally within cryptocurrency market.

LSK/USD is now facing strong support at 88.6% Fibonacci retracement. At the same time RSI is forming a bullish divergence, that might be the first sign of a trend reversal, or at the very least a correctional move up.

The could be a great long term buying opportunity, but only if a daily close will remain above the $8.18 support. Break and close below it could extend the consolidation and send price slightly lower before the beginning of the uptrend.

Source: http://cryptopost.com/lisk-trend-reversal-might-be-close/

 

[speculator]

NXT Strength Against the Bitcoin

Following the previous idea on NXT/BTC, price went down to 361.8% Fibonacci at 1480 shatoshis, that has been rejected cleanly. The previous prediction was quite precise, and after rejecting the support NXT/BTC broke above the downtrend trendline suggesting the the trend might be about to reverse.

At this point NXT is facing several resistance levels that it has to overcome in order to start a longer term uptrend. Fist strong resistance is 2000 satoshis area, break and close above it should push price further up to a 50% Fibs at 2600 satoshis.

On the other hand, price could still continue to consolidate between 2k and 1.5k satoshis and potentially produce spike below the current support before moving higher. All-in-all the short term upside potential is there and the reaction to the 2k satoshis resistance should show the strength of the NXT against the Bitcoin.

Source: http://cryptopost.com/nxt-strength-against-the-bitcoin/

 

[speculator]

BitShares Double Bottom Formation

It seems that BitShares has found the support, while forming a double bottom at $0.118. The following wave up resulted in a break above the downtrend trendline as well as 50 Moving Average.

There are to resistance levels to watch, first minor resistance is at $0.17, where the downtrend trendline was previously rejected. Second major resistance is at $38.2% Fibonacci retracement level. This should be the key price to provide further clues on the price development. Break above that resistance could start a long term uptrend, while rejection should result in more consolidation.

On a downside, break and close below the $0.11 support should invalidate short term bullish outlook and send price slightly lower or just extend the consolidation.

Source: http://cryptopost.com/bitshares-double-bottom-formation/

 

[speculator]

Aelf VS Bitcoin – When Will Grow?

Aelf has reached an all-time high against the Bitcoin on the 25th of January, hitting 22k satoshis. Since then price corrected down strongly and Aelf lost 74% to Bitcoin, while it found th elow at 5600 satoshis.

The RSI oscillator has formed a bullish divergence suggesting the either a corrective wave up or a potential reversal to the upside. However, currently there is strong resistance at 9k satoshis that ELF/BTC must overcome, yet it continues to reject it.

If Aelf will continue trading above the previously established low and breaks above the 9k satoshi resistance it could provide further upside momentum, sending price higher. Next resistance is seen at 38.2% Fibs, near 12k satoshis, and then 50% Fibs near 14k satoshis. Daily break and close above 14k should confirm the long-term uptrend.

On a downside, ELF/BTC will continue trading below the current resistance, further decline is possible, and price could go back down to 5.6k satoshis or even slightly lower.

Source: http://cryptopost.com/aelf-vs-bitcoin-when-will-grow/

 

[speculator]

Ubiq Coin Approaching Strong Psychological Support

biq Coin currently trading at $1.32 and continues to reject the downtrend trendline. The downtrend remains valid, although UBQ/USD has formed a bullish divergence on the RSI oscillator suggesting that the correctional move upwards could be on its’ way.

In order for the price to start rising the $1.6 minor resistance must be broken with a daily close above it. When/if that happens Ubiq is likely to move upwards towards one of the Fibonacci resistance levels, either $2 or $2.2, that is 38.2% and 50% Fibonacci levels.

If it continues trading below $1.6 resistance price could drop down further, to test strong physiological support level, which is $1. Rejection of that level should result in a corrective wave upwards, while break below is likely to result in more consolidation.

Source: http://cryptopost.com/ubiq-coin-approaching-strong-psychological-support/