ALT
BAND update: BULLISH RETEST! GOOD REENTRY!sorry for messy chart, just wanted to get this out there quick.
BAND seems to have found support at the top of the previous ascending triangle it broke out from. It's now forming another ascending triangle (bullish pattern) before it moves higher. Right now the PA is at the bottom of the new pattern, which is the perfect time to reenter / increase position!
Bullish cross on Stoch RSI 4HR - good indication of a move to the upper area of the triangle (possibly higher) soon.
happy trades,
CD
EOS still trading low and has huge potential upside!!EOS seems to have turned the 200MA into support and is trading right above it. This is a very good sign and can signal a long term reversal and the start of a new uptrend, especially after BTC has made incredible new highs and is trading sideways just below the 40 000 dollar area. I am very interested in laddering some longs around this area on the 200MA as this would offer proper support. It also lines up perfectly with the 4hr green ichimoku cloud which offers additional support.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice.
Invest at your own risk, and follow your gut feeling.
NEO - BULLISH!!!I posted my chart for NEO recently, I think it was pretty accurate, and now it's looking even more bullish.
Put in a complex H&S with the head bouncing off the 200 SMA on 4hr TF.
Bullish cross on Stoch RSI, multiple TFs
TOTAL 2 pushed above local resistance on recent rally. If it corrects to find support, expect short term downside for NEO to local support - it would be nice to see if it respects the bottom of the channel I've tentatively drawn in there.
happy trades,
CD
BNT easily can hit $3 - Undervalued Defi coin!BNT easily can hit $3 - Undervalued Defi coin!
In feb i think we could see $10 -
Other defi projects are getting lots of attention and pumping 4x in weeks.
I believe BNT will be one the whales will run with. Expect this to blow up soon.
Tim Draper backed project, solid team!
Also Bancor is working with Polkadot which means big big money coming in!
Its part of Polkadot Ecosystem!!!
Not Financial advise!
BNT easily can hit $3 - Undervalued Defi coin!BNT easily can hit $3 - Undervalued Defi coin!
Tim Draper backed Bancor Network Token - solid team and a solid project.
On Twitter recent partnership with Polkadot mainly goes unnoticed.
BNT is a sleeper, not many people are looking at it. similar to Balancer. undervalued.
Also its the lowest market cap defi coin on coinbase that i could find.
The price of $2 is also appealing to newbies VS paying $100+ for a coin psychologically.
BNT all time high is $10 so we have room to run here back up there.
This recent pump is an early indicator of more upside to come.
Could be the next 8x DEFI coin that goes parabolic in a matter of days not weeks.
I think people will not see it coming and will fomo at $10
-Not financial advise.
ALTCOIN TO WATCH: AUDIO [Macro Bullish] Beyond all of the bullish patterns/indicators you can clearly see on the chart, I'm also bullish on AUDIO because its parent is a really great project with a bright future: Audius. It's a new free music streaming service / SoundCloud rival that will only continue to grow its user base over the next few years, introducing them to the world of crypto along the way with rewards in AUDIO. Read more here: www.coindesk.com
As far as the chart goes, it's still a young coin, so it's a risky investment to be sure, but since we're in a bull market and the project behind it is so great, I think it's a safe bet in the short / medium term. I expect it to range within the ascending channel / broadening wedge for the time being.
happy trades,
CD
Reversal inbound for XEMBTC?It seems to me that XEM has hit a bottom in the BTC pair.
I think it’s time for a reversal in the daily frame.
Good luck.
XLM 12HR Analysis: THE WHOLE PICTURE [bull & bearish ideas]XLM has almost reached the end of the triangle pattern and volume is falling, which means a big move is coming. Sorry for messy chart, this is one I use for tracking my trades.
There's a lot of ideas here. You can read them on the chart, so I won't go into too much detail here.
Pay attention to Market Indices: TOTAL2 has been rising a bit. BTD has been falling. That's led to some nice little gains for alts in the last few days, and some major gains for LINK in particular.
The gray line & green circles represent POSSIBLE trendline / retest levels that could form if XLM puts in a long-term bullish retest of support that line up with fib levels, projected 200 & 100 SMA lines, and previous volume. This would be the short term bearish idea. I'm going to set a stop loss below the triangle so I can buy back in around there should this occur.
If XLM breaks and holds above the dotted yellow lines marked "BB," that would confirm a break out - bullish buy signal. You can see my short term targets marked by "SS" (Sell set) within the ascending channel I believe XLM will form if it does break out here.
happy trades,
CD
PS: Dont forget to set stop losses. That 26% retrace may not have been the end of it-- we're not out of the woods just yet!
The CRO's LIVERMORE SPECULATIVE CHARTWhile everyone is hatin' on CRO and super bearish even saying cro is dead, I decide to bet against the contrarian.. I think right now CRO is pulling the "Livermore Speculative" pattern.. it may or may not be the bottom, regardless I think strong upside will happen again pretty soon!
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