Cryptocurrency Trade Ideas and Latest News

Discussion in 'Advertisements' started by speculator, Jun 22, 2017.

  1. speculator

    speculator Active Trader

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    Floricoin – The Next Wave

    Floricoin has been consolidating from June up until December when it broke above the strong resistance that was formed at $0.11. Prior to breaking above, FLO/USD rejected the uptrend trendline and the 200 Moving Average and then immediately jumped from $0.085 up to $0.33, gaining almost 300% in just 10 days.

    The corrective wave down followed, where Floricoin rejected the $0.11 support and perhaps now its time for the next strong wave up. The first resistance is seen at $0.38 area where 327.2% Fibonacci retracement is located. Break above that resistance should indicate that the uptrend is not over, while a rejection of the resistance could trigger a correction down. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

    Source: http://cryptopost.com/signals-membership/

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  2. speculator

    speculator Active Trader

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    FlorinCoin VS Bitcoin Growth Potential

    After testing the low at the 505 satoshi, Floricoin started to move higher breaking above the downtrend trendline . At the same time price broke above the 200 Moving Average and reached 1900 satoshi, totaling a 280% gain over Bitcoin in just two weeks.

    Clearly, Florincoin showing some strength, especially now, after rejecting the 200 Moving Average and the 23.6% Fibonacci support at 1090 satoshi. The uptrend could either be a short-lived or a long-term depending on how FLO/BTC will react to the first strong resistance at 2145 satoshi, which is 127.2% Fibonacci retracement level applied to the last corrective wave down. Break above that level should push Florincoin much higher, while if rejected, the consolidation could take place. Only a break below the 505 could invalidate bullish outlook.

    Source: http://cryptopost.com/florincoin-vs-bitcoin-growth-potential/

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  3. speculator

    speculator Active Trader

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    TenXpay VS Bitcoin – Interesting Timing

    TenX Pay Token found the support at 10500 satoshi and slowly started to move higher. Price broke above the descending channel and 200 Moving Average signaling on a potential correction up or even a trend reversal.

    After breaking higher and testing 40k satoshi, PAY/BTC corrected back where it rejected multiple supports.

    Upper trendline of the descending channel REJECTED
    50% Fibonacci Retracement REJECTED
    200 Moving Average REJECTED
    Uptrend Trendline REJECTED
    It seems like TenXPay is becoming very bullish and should outperform Bitcoin, at least in the short to medium term. First target near 60k satoshi where two Fibonacci retracement levels meet with each other, the 227.2% applied to the last corrective wave down and 76.4% applied to the September high and December low.

    Therefore, TenXPay could easily double in value against Bitcoin and if the 60k resistance is broken there will be much more upside potential. Only break below the 10k support could invalidate bullish outlook.

    Source: http://cryptopost.com/tenxpay-vs-bitcoin-interesting-timing/

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  4. speculator

    speculator Active Trader

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    Edgeless Token Should Outperform Bitcoin

    Edgeless token found the support at 5600 satoshi and started to move higher, breaking above the 200 Moving Average and the very strong resistance formed at 13k satoshi. Higher highs and higher lows pattern started to emerge suggesting that EDG/BTC could be planning to continue rising.

    After breaking the 13k satoshi resistance, the price went back and this time rejected this level, which is now acting as a support. The upside momentum is there and it is very likely that price will move higher towards previously formed high near 40k satoshi. To be precise, there is a very strong resistance at 37k satoshi confirmed by two Fibonacci retracement levels. First is 88.6% and second is 227.2%, applied to the last corrective wave down.

    While the upside potential is there, Edgeless might take some time before moving higher and could even test the uptrend trendline and/or the 200 Moving Average once again. In any case, the buying opportunity is there and only break below the 5600 satoshi support could invalidate bullish outlook.

    Source: http://cryptopost.com/edgeless-token-should-outperform-bitcoin/

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  5. speculator

    speculator Active Trader

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    Decred Time For Correction

    Following the previous idea on Decred, it has reached the upside target at $117 and as expected tripled in value. But now as the resistance is being rejected DCR/USD could start a consolidation period or even start a strong correction down.

    The $117 level should be watched closely, while it is being respected by the market, the downside pressure will remain very high and Decred could correct down towards one of the Fibonacci retracement levels.

    Therefore, at this point, buying Decred could prove to be extremely risky, unless the resistance is broken. Wait and see approach could be the most appropriate.

    http://cryptopost.com/decred-time-for-correction/

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  6. speculator

    speculator Active Trader

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    Lisk View After The Rally

    Following the previous idea on Lisk, it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28.

    It remains to be seen if this support level will hold or not. Break and close below the $28 should push Lisk further down, perhaps to the next support level at $20 area. While if the $28 support will be respected, there are all chances that Lisk will continue the uptrend and could go up to $56, that is another 100% growth potential.

    All-in-all, currently Lisk is not the most attractive coin as the downside pressure remains. Only a break above the $38 could confirm the continuation of the uptrend.

    Source: http://cryptopost.com/lisk-view-after-the-rally/

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  7. speculator

    speculator Active Trader

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    Stratis Could Be Ready To Move Higher

    Stratis has been in a heavy uptrend since the beginning of November and from $2 it has grown up to $22, gaining almost 900%. Indeed it’s a huge growth but it seems that Stratis is not done yet and there could be more gains to collect.

    After reaching $22 all-time high price went back to $19, where it found the support confirmed by the 161.8% Fibonacci retracement level applied to the previous all-time high. From this price STRAT/USD could continue going up and the next strong resistance is seen at 261.8% retracement level, that is $26. Only a break and close below $19 support could invalidate bullish outlook.

    Source: http://cryptopost.com/stratis-could-be-ready-to-move-higher/

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  8. speculator

    speculator Active Trader

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    AdEx VS Bitcoin Acceleration

    Following the previous idea on AdEx, it has corrected down as expected. Now it seems that the uptrend is going to continue, especially after ADX/BTC rejected the 3/4 Gann Fan trendline and 200 Moving Average at the same time.

    AdEx could continue moving upwards towards one of the Fibonacci retracement levels. First strong resistance is at 61.8% level, that is 39k satoshi. Next is 76.4%, that is 46k satoshi. However, the price is also likely to test the psychological round number at 50k satoshi and that would be the final target for the potential upcoming wave up. only break and close below the 14k satoshi support could invalidate bullish outlook.

    Source: http://cryptopost.com/adex-vs-bitcoin-acceleration/

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  9. speculator

    speculator Active Trader

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    Steem VS Bitcoin Could Blast Anytime

    After finding the bottom at 8825 satoshi, Steem immediately started to rise breaking above the 200 Moving Average. After the correction and rejection of the 200 MA, STEEM/BTC continued going higher breaking above the descending channel and reaching 57k satoshi high on the 3rd of January.

    The corrective wave down followed, where Steem went down exactly to the price where the descending channel was broken and there 23.6% Fibonacci retracement level was rejected. This price action could suggest the continuation of the uptrend sending Steem up to the very strong resistance at 90k satoshi, where it could form a double top together with the high established back in June 2017. Only break and close below the 200 MA could invalidate bullish outlook.

    Source: http://cryptopost.com/steem-vs-bitcoin-could-blast-anytime/

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  10. speculator

    speculator Active Trader

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    Monaco Coin Could Grow Over 300%

    Following the previous idea on Monaco Coin, it broke above the range zone, that was between $5 and $10. After breaking above $10 major resistance area price reached $19 and corrected back to the $10 support that has been rejected.

    MCO/USD continued to trading within the $10-20 range where $10 was rejected twice. At the same time Monaco Coin continues to trade above the 200 Moving Average and at this point, the uptrend is likely to continue.

    Major resistance levels are at $56 and $63 which are inline with two Fibonacci retracement levels, this means that the gain of the potential wave up could be over 300%. Only break and close below the $5 support could invalidate bullish outlook.

    Source: http://cryptopost.com/monaco-coin-could-grow-over-300/

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  11. speculator

    speculator Active Trader

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    Wings – Upcoming Wave Up?

    Following the previous idea on Wings, it has reached the upside target at $2.3, although there was no clean bounce and price spiked higher, testing $2.66 mark. The resistance at $2.3 is strong but in order for Wings to reverse, it should provide a clean bounce of that resistance first.

    The support at 161.8% Fibonacci retracement, that is $1.42, is being rejected and if it holds we are likely to see the next wave up very soon. The first target is obviously $2.3, but if broken next target would be at $3.4, that is inline with two Fibonacci retracement levels. In the worst case scenario, at this point. price could return back to the 200 Moving Average or even back to the downtrend trendline, but in any case, the uptrend is likely to resume at some point, going to the new all-time high.

    Source: http://cryptopost.com/wings-upcoming-wave-up/

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  12. speculator

    speculator Active Trader

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    Global Currency Reserve VS Bitcoin Has Potential

    GCR Coin found the support at 550 satoshi and then broke above the 200 Moving Average reaching 4580 satoshi level. Price then corrected back sharply and tested 1250 satoshi support for two times, failing to break below. The following wave up resulted in the rejection of the downtrend trendline and price yet again moved down, and currently is testing 200 Moving Average.

    At this point picture remains unclear as for GCR/BTC to move higher it must break the downtrend trendline. At the same time, GCR is very close to the support where buyers could start coming in pushing price higher. While currently, GCR remains a risky coin to purchase it could reward aggressive investors in the short to medium term. But to stay conservative perhaps it is better to wait for the trendline breakout.

    The upside target and first strong resistance is seen at 6640 satoshi, where two Fibonacci retracement levels are inline with each other. First is 50% retracement and second is 161.8% Fibs applied to the corrective wave down after the breakout of 200 MA. Only break and close below 500 satoshi could invalidate bullish outlook.

    Source: http://cryptopost.com/global-currency-reserve-vs-bitcoin-has-potential/

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  13. speculator

    speculator Active Trader

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    Incent VS Bitcoin Breakout

    Incent found the bottom at 1000 satoshi on the 12th of October and since then, the price has been ranging between 1000 and 4000 satoshi for nearly 3 months. But on the 1st of January INCNT/BTC broke above the downtrend trendline and the 200 Moving Average which was the first sign of a potential trend reversal or a corrective move up.

    Price reached 7.7k satoshi high and corrected back. What is interesting is that corrective wave was stopped at the 200 Moving Average which is now acting as a support, that has been rejected. Incent also rejected the 4/1 Gann Fan trendline and nearly tested the downtrend trendline. It seems that it is a very strong support that has been respected by the market and from this point onwards Incent could continue going higher.

    The first target is seen at 12.5k satoshi, that corresponds to two Fibonacci retracement levels. First is 64.8% Fibs applied through the all-time high. Secon is 227.2% Fibs applied to the last corrective wave down where 3.7k satoshi support was rejected. Only daily break and close below the 3.7k sats support could invalidate bullish outlook.

    Source: http://cryptopost.com/incent-vs-bitcoin-breakout/

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  14. speculator

    speculator Active Trader

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    MonaCoin VS Bitcoin Expected To Rise 150%

    MonaCoin uptrend is still intact since it continues to produce higher highs and higher lows. On the 6th of January price reached an all-time high, hitting btc 0.00175, while at the same time producing spike above the very strong resistance at btc 0.00155.

    The corrective wave down followed resulting in a 75% drop. The correction was stopped at 127.2% Fibonacci support, which has been rejected together with the uptrend trendline. At this point, MONA/BTC is likely to continue moving up towards a key resistance at btc 0.00155. Break above will confirm the longer term uptrend, while if rejected, a consolidation or a correction should take place. On a downside, only a break and close below the 30k satoshi support could invalidate bullish outlook.

    Source: http://cryptopost.com/monacoin-vs-bitcoin-expected-to-rise-150/

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