Poloniex
BTSBTC and BTSUSD price analysis and predictionexpecting much of the same as previous chart
only NOW I have extended the time frame to account for the sideways action.
who knows maybe my previous chart was still on track, but i think everything is goin to keep moving sideways until we see if bitcoin can recover from so much RED.
DIGIBYTE (DGB) - 3100% Earnings Possible - Seriously?Hi our dear Family!
This is incredible but can be real. YES 31X on return!
So short summary of what DGB actually is.
This is the most decentralized cryptocurrency in the world - 190 000 nodes.
5 mining algorythms.
Real-time diffiuclty adjustment.
15 second block time. We tested the speed of the transfer - From exchange to cold wallet less than 30 seconds.
560 transactions per second.
Strong team with strong leader - Jared Tate hk.linkedin.com
Many exchanges where you can buy DGB (Poloniex, Bittrex, OKEX, Cryptopia and many more).
Faster, cheaper than BTC, BTCcash, Litecoin - steemit.com
litecoin-ltc-and-digibyte-dgb
Technical Analysis details:
We are at the bottom according to fib. levels. We can go even lower that is why be aware of this coin. If the whole market recovers we will go
immediately up so again watch this coin.
Positive MACD divergence which is huge POSITIVE.
Buy zone : Between 88 - 250 st depending on the market
Fib levels targets:
1. 726 sat
2. 1116 sat
3. 1432 sat
4. 1747 sat
5. 2196 sat
6. 2769 sat (ATH)
Time frame - depending on the market - 1 - 3 months
What do you guys think? ALL IN? :D
ETH/BTC (SHORT)HI ALL,
hope everyone had a fabulous profits on trading alts against eth, thats is one reason which is driving down ETH price, the price from the alts are in profit taking process , hence the price of eth is going down. moreover the chart above is so clear even a nowise can analyse that ETH is to shorted right now.
Bitcoin - $9000 OR $7200 !? Here's HOW..What's up everyone. Let's get right into it. BTC has been going sideways for days and this usually indicates a BIG breakout in either direction. Here are the 2 possibilities I am seeing:
$9200 - Week End Low Volume - UP Movement
BTC goes up to retest the $9000 level once again and at the same time square up the big red candle right below it.
$7600 - Bear Market Takes Place
BTC breaks the $8200 level (white line) and continue its way down, at that point the targets are $7750 and $7250
I personally think the bear option is going to happen.
Follow, Like and Comment if you agree!
Love you all!
"Classic" Oversold Ethereum Classic (ETCUSDT)Hello again trading friends. I apologize I have been extremely busy in clinic and have not had the chance to dig into some fun technical analysis recently. I also usually don't like to comment too often, as it can drive myself and others mad with speculation. However, I have been eyeing ETCUSDT for a bit and my alarms went off as it plunged into the "oversold" zone. Let's diagnose this bad boy.
On the 4 hour chart, ETC is showing positive divergence(most clearly shown on RSI, but you can also make it out on the stoch). Positive divergence is where the RSI is trending up while the price action is trending down. It is a classic sign that a reversal may be imminent because sellers are losing momentum. It's also important to match this up with historical supports/resistances as well:
-Support at ~ 21s
-Historical support dating back to even November 2017 at 19s ... even lower at 14s
-Resistance at 28s (not only due to historical data, but also check the thick blue line which is the 200EMA)
For even further evidence that a reversal may be imminent, check the Daily chart:
See the RSI dipping its toe into "oversold"? See what happened last time it dared to take such a bold move? Price action reversed from around 14 all the way up to the mid 40s!!! Around a 300% increase! Look at the context of the RSI being oversold too: it was during a positive trend(pink EMA above blue EMA). When a coin is oversold during a positive trend, a rebound will usually happen.
As a general rule though, don't rely on your RSI in the following scenarios: If it is above 80(overbought) during an uptrend. If the RSI is below 20(oversold) during a downtrend. This makes logical sense when you think about it. OF COURSE when there's an uptrend, the price action will . And I think it goes without saying, but don't ever rely on simply one indicator alone.
Let's see whether this reversal can take place, or if ETC will dip even farther to the 19s or 14s
Stay healthy folks <3
-Doc
Predict ETH moves for the next days. No doubtI don't think i need to explain more than the analysis did itself.
Scenario 1# (Yellow): This scenario is the most likely to happen depending on the state of the market. Sideways moves till it collapse nearby the downtrend to the green line level.
Scenario 2# (Blue): Not that much. weak chances to success. An earlier visit to the downtrend by staying bullish for maybe 1 day and a half or less, exactly the same blue arrow degree. Then directly to the green line level.
When price reaches the next time period go to M15 / M5 chart to identify which scenario will happen.
The green line is a strong support level, strong enough to smack the price to the downtrend with a lovely stable uptrend.