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  1. Daily Crypto News & Analysis

    EOS – How Far Up? Following the previous idea on EOS it has gone sharply up and broke above the $3.6 resistance level. After breaking above price corrected back and found the support at this level. It has been rejected together with the uptrend trendline and uptrend resumed. The next potential upside target, which is a strong resistance, is at $$6.2, where two Fibonacci inline. First 1027.2% applied to the corrective wave after the break above the 200 Moving Average, and second is 161.8% applied to the last corrective wave down. They both point on $6.2, although EOS/USD could get even higher to test $7 psychological resistance area. Next resistance levels are $6.7 and then $7.2, which could be the final upside target for the current wave. Key support stays at $3.6 and could be used for the longer term analysis or perhaps for a buying opportunity in the coming months. Break below $3.6 could reverse the trend. Source: http://cryptopost.com/eos-how-far-up/
  2. Daily Crypto News & Analysis

    Verge VS Bitcoin – The Bottom? In July Verge broke below the uptrend trendline and since then it has been consistently moving lower and lost 66% to Bitcoin while falling from 113 satoshi down to 44 satoshi. Fibonacci applied to the corrective wave up after the trendline breakout, which is the same wave where 200 Moving Average has been rejected, shows that 327.2% retracement level has acted as a support with a very precise bounce off. Currently, XVG/BTC continues trading within the descending channel although the lower trendline is also now acting as a support suggesting that Verge is planning to go ahead of Bitcoin. Perhaps buying Verge might seem a little early, but as the support is holding the opportunity is there. Source: http://cryptopost.com/verge-vs-bitcoin-the-bottom/
  3. Daily Crypto News & Analysis

    Elastic Explosive Growth Potential Elastic has been rejecting the $0.22 support during the past few months and finally, today it broke above the triangle pattern. The breakout was very clean while the price on 4h and 8h charts closed above the downtrend trendline. What is interesting is that the breakout was accompanied by a heavy volume and was very sharp. This could indicate on the money and interest flowing into the Elastic coin where trading under heavy volume is likely to continue. If this will be the case, investors ave could see an explosive move up on XEL/USD, potentially resulting in 200%, 400% or even larget growth against USD. First strong resistance could be at 127.2% Fibonacci retracement level applied to the corrective wave from August, that is $1.15. The second target is 227.2% level at $1.9. Only a break and daily close below the $0.17 will invalidate bullish outlook. The rewards for such a small risk seems enormous and therefore the buying opportunity is very attractive. Source: http://cryptopost.com/elastic-might-just-explode/
  4. Daily Crypto News & Analysis

    VeryCoin Might Go Lower Following the previous idea on VeriCoin, it has reached the upside target and rejected it. Now clearly there is a strong resistance at $0.65, which is the 127.2% Fibonacci applied to the last corrective wave down. The rejection was clean followed by a strong correctional move down. Currently, VeriCoin is likely to continue trading within the range between the $0.65 resistance and $0.40 support. At the same time, with the fact of the resistance being rejected there is more probability of further decline, unless the resistance will be broken. Source: http://cryptopost.com/verycoin-might-go-lower/
  5. Daily Crypto News & Analysis

    DigiByte Could Start Dominating Over Bitcoin During the past week, DigiByte went sharply down and lost to Bitcoin more than 50% while moving from 160 satoshi down to 70 satoshi. But it found the support at 127.2% Fibonacci retracement level applied to the last corrective wave up which is 83 satoshi. Although price spiked down lower and rejected the downtrend trendline, it recovered quickly and broke above the downtrend trendline. Current corrective wave down is showing that the 83 satoshi support is being rejected for the second time which could potentially result in a trend reversal for DGB/BTC. The DigiByte price remains extremely cheap, that could attract more and more investors over the coming week, although break and daily close below the 70 satoshi low would invalidate bullish outlook. Still, the risk/reward ratio is huge and many could consider DigiByte a worthy investment. Source: http://cryptopost.com/digibyte-could-start-dominating-over-bitcoin/
  6. Daily Crypto News & Analysis

    Dash Still Losing To Bitcoin Following the previous idea on Dash / Bitcoin, the price has bounced off the key resistance level at btc 0.08, that was also a strong psychological level. After rejecting the resistance, Dash immediately dropped down to btc 0.036, losing over 50% to Bitcoin in just one week. Fibonacci applied to the corrective wave after the uptrend trendline breakout show that there are two support levels to watch. First is 127.2% at btc 0.044 which was already broken. Nevertheless, a clean bounce off it could result in the change in trend. But at this point, another wave down towards the second support at 161.8% Fibonacci level at btc 0.033 can be expected. This is a strong support for Dash as in the beginning of November it was rejected twice. At the same time, the btc 0.05 resistance area should be watched closely, as a break above could establish an uptrend. All-in-all the downside risk remains and buying Dash at the current price could be a premature investment. Source: http://cryptopost.com/dash-still-losing-to-bitcoin/
  7. Daily Crypto News & Analysis

    Civic Found The Resistance, Break Above Is Needed Following the previous idea on Civic, the price reached the first resistance level 127.2% Fibonacci retracement, that is at $0.41, but failed to break above, instead, it has bounced off. After the resistance has been rejected CVC/USD went down again testing the $0.25 support. The support also has been rejected and now Civic continues to trade within the $0.26-0.40 range. In order for Civic to continue moving higher, it must break above the resistance, specifically about the high established on 5th of December, $0.44. Break, and daily close above should confirm the uptrend and most likely will establish the uptrend. There are few resistance levels on the way up to the final upside target at $0.8 area. The first resistance is at $0.55, that is 227.2% Fibs applied to the first corrective wave after the descending channel breakout. Second, 327.2% at $0.68. The upside target is seen at $0.8 area that is inline with 427.2% and 127.2% Fibs. Break above the upside target could accelerate the uptrend even more. But on the downside, break and daily close below the $0.21 low, will invalidate bullish outlook. Source: http://cryptopost.com/civic-found-the-resistance/
  8. Daily Crypto News & Analysis

    Bitcoin heavy uptrend continues highing the all-time high today $9950. It is approaching a very important psychological resistance, that is $10,000, but will it actually stop there? Should the correction be expected? How far? These are the questions most would love to be answered, but there is no clear answer as this is a game of probabilities. The probability of the uptrend continuation remains very high and the very first resistance is actually almost $10k, and to be precise – $10036. This is a1527.2% Fibonacci level applied the corrective wave after the downtrend channel breakout on the 16th of September. As per chart 427.2%, 527.2% and 1027.2% retracement levels were respected by the market while acting as support levels. This means that indicator is still valid and could be used to calculate the upside target. There are 3 important resistance levels to watch. First a strong psychological resistance at $10036, which corresponds to 1527.2% Fibonacci. Second, the most important resistance level is at $10455, which corresponds to 16.27.2% and 227.2% Fibonacci applied to the corrective wave down through 5-12 November. At the same time, it is inline with the upper trendline of the ascending channel. Finally, the third target is $10870, which corresponds to 1727.2% Fibonacci. All in all, the trend remains bullish with the nearest support level being at $9500, where uptrend trendline was rejected. Break below $9500 could result in a corrective wave down to the key support at $7950. But while the price is above this support an uptrend continuation should be expected. Trade Idea: https://www.tradingview.com/chart/BTCUSD/Yaw9jefP-Bitcoin-Approaching-10k-Will-It-Stop/
  9. Daily Crypto News & Analysis

    Factom vs Bitcoin Bullish Divergence Factom found the support at BTC 0.0015 after which it broke above the downtrend trendline. The breakout was accompanied by the bullish divergence on the MACD indicator suggests that the trend could be reversing to the upside. On the 4h timeframe, FCT/BTC also broke above the 200 Moving Average adding extra confirmation to the potential trend reversal. http://cryptopost.com/factom-vs-bitcoin-bullish-divergence/ Civic – Ready, Steady… Go!?! Civic definitely found the support around $0.26 area where it has bounced off for at least four times now. The last bounce has been on the 17th of November, after which price broke above the descending channel and 200 Moving Average. http://cryptopost.com/civic-ready-steady-go/ EOS At The Resistance, But With 75% Upside Potential Based on our previous idea, EOS went higher and broke above both upside targets. However, EOS/USD found the resistance at 227.2% Fibonacci retracement applied to the corrective wave after the breakout of the descending channel. http://cryptopost.com/eos-at-the-resistance-but-with-75-upside-potential/ Aeon Consolidation Mode As per our previous idea, Aeon gone up and rejected the resistance at 227.2% Fibonacci, that is $3.15. The target was reached by the price spike, rather than steady growth, and then immediately went down to $2.5 area, where it is currently trading. http://cryptopost.com/aeon-consolidation-mode/ Ethereum Magic Number $555 Although it seems Ethereum is going through the wide range trading, the sings of the long-term uptrend continuation are starting to appear. After multiple bounces off the support at $280 area, the price started to move higher and broke above the 200 Moving Average as well as the previous high, made on 16th of October. http://cryptopost.com/ethereum-magic-number-555/ OmiseGo Plans To Rise After Trendline Breakout OmiseGo showing some strength during the past week. It has managed to break above the downtrend trendline and on a corrective wave down it rejected it. Same happened with the RSI Oscillator breaking the trendline and then rejecting it. http://cryptopost.com/omisego-plans-to-rise-after-trendline-breakout/
  10. Daily Crypto News & Analysis

    Metaverse Further Weakness To Be Expected The Metaverse coin continues trading within the descending channel and it fails to show any signs of strength. Strong resistance has been formed near $4 level that previously acted as a support. ... read more http://cryptopost.com/metaverse-further-weakness-to-be-expected/ OmiseGo Breaking Above The Trendline On the 2nd of November, OmiseGo tested $5.5, which is the lowest price since August. While testing the low it rejected the 327.2% Fibonacci support level applied to the corrective wave after the downtrend trendline breakout. ... read more http://cryptopost.com/omisego-breaking-above-the-trendline/ MaidSafeCoin vs Bitcoin Bullish Divergence Bitcoin has been outperforming MaidSafe coin up until the 2nd of November when it tested 4086 satoshi. At the same time, it rejected the 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. ... read more http://cryptopost.com/maidsafecoin-vs-bitcoin-bullish-divergence/ Bitcoin Plus – Time To Go Down? BitcoinPlus found the bottom at $30 psychological round number after which it went up sharply hitting $123 and gaining 330% in less than a week. ... read more http://cryptopost.com/bitcoin-plus-time-to-go-down/ NEM Does Look Pretty After a strong correction from $0.358 down to $0.138, with a total loss of 60%, NEM finally found the support at 261.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. ... read more http://cryptopost.com/nem-does-look-pretty/ AEON Soon To Rise? Aeon reached an all-time high on the 1st of October, hitting $3.74. The correction down took place and AEON/USD was moving down for just over a month. On the 3rd of November, it was stopped by 127.2% Fibonacci retracement at $1.15, where it found the support. ... read more http://cryptopost.com/aeon-soon-to-rise/
  11. Daily Crypto News & Analysis

    Bitcoin 40% Correction Tendency On the 8th of November, Bitcoin has reached an all-time high against USD, testing $7900 price tag. Immediately after a strong corrective wave followed, where BTC/USD moved down to $5400, losing over 30% in just 3 days. ... read more http://cryptopost.com/bitcoin-correction-tendency/ IOTA vs Bitcoin Upside Targets Very good performance has been shown by IOTA during the past week. IOTA has outperformed Bitcoin by 130%, rising from BTC 0.000045 up to the current price that is BTC 0.0001 ... read more http://cryptopost.com/iota-vs-bitcoin-upside-targets/ ZCoin Is Solid Against Bitcoin On August 18th ZCoin found the bottom near BTC 0.0016 after a strong corrective move from BTC 0.0075. Then after an extended, consolidation, the ZCoin has formed a strong support level at BTC 0.0016, which has been rejected multiple times. At the same time resistance has been formed near BTC 0.0034 ... read more http://cryptopost.com/zcoin-is-solid-against-bitcoin/ EOS More Gains To Come EOS does look pretty strong while forming the support in the shape of a double bottom at $0.47. Then, the strong rise followed, when EOS/USD went from $0.47 up to $1.41, gaining almost 200% profit against. ... read more http://cryptopost.com/eos-more-gains-to-come/ Dash Changing The Trend? Dash found the support at $260, that has been rejected at least 3 times. On the 7th of November, it finally managed to break above the downtrend trendline as well as 200 Moving Average indicating its intentions to change the direction, from sideways to up. ... read more http://cryptopost.com/dash-changing-the-trend/
  12. Daily Crypto News & Analysis

    Bitcoin – How Far Down? On the 8th of November, Bitcoin has reached an all-time high, hitting $7900. After Bitcoin has formed a head and shoulders pattern and it looks like it will continue to go down. ... read more http://cryptopost.com/bitcoin-how-far-down/ NEM Getting Ahead Of Bitcoin? Yesterday NEM broke above the downtrend trendline, showing its’ strength against Bitcoin. Prior to that, a bullish divergence was formed on RSI Oscillator, and then downtrend trendline of the RSI was broken. Here you go, more signs of XEM/BTC potential upside move. ... read more http://cryptopost.com/nem-getting-ahead-of-bitcoin/ MaidSafeCoin Moving Up Under Heavy Trade Volume MaidSafeCoin wasn’t much of an interest for investors in the past few months as with a continuous decline it dropped by 64%, moving from the all-time high $0.78, down to $0.28 -the lowest low since August ... read more http://cryptopost.com/maidsafecoin-moving-up-under-heavy-trade-volume/ Monaco Coin Could Skyrocket After Showing Their Visa Cards Today Kris Marszalek the CEO of the Monaco coin has unveiled the finalized and approved designs of Monaco Visa Cards, with more information to come on Tuesday the 14th! The Monaco Coin value responded in a positive manner sending it higher by over 30% up until now. ... read more http://cryptopost.com/monaco-coin-could-skyroket-after-showing-their-visa-cards/ Stellar Bullish Potential Is There Stellar continues to be one of the most attractive Altcoins, considering the recent performance. Since 15th of September, when it tested the low at $0.0063, it showed a good growth, rising up to $0.048, with a healthy 675% growth. ... read more http://cryptopost.com/stLong-Termlish-potential-is-there/ BitBay Long Term Trend Is UP BitBay reached an all-time high in June, hitting $0.053, after which a heavy corrective wave down followed, where BAY/USD lost 75% of its’ value against USD. However, BitBay long-term trend remains upwards as the uptrend trendline has been respected by the market participants and at the same time, RSI Oscillator also bouncing off the trendline. ... read more http://cryptopost.com/bitbay-long-term-uptrend/
  13. Daily Crypto News & Analysis

    Verium – More and More Interesting Verim Coin has been able to produce higher highs and higher lows during the past month, signaling on a potential continuation of the uptrend. VRM/USD has rejected the uptrend trendline followed buy a rejection of the 3/1 Gann Fan. ... read more http://cryptopost.com/verium-more-and-more-interesting/ ZCoing Seeking More Growth Yesterday ZCoin reached the highest price since June, hitting $18.3 level. It actually got very close to the all-time high that was produced also in June and reached $20.2. ... read more http://cryptopost.com/zcoing-seeking-more-growth/ Bitcoin Remains Under Pressure Bitcoin stays under pressure while the $7500 resistance area hasn’t been broken. Yesterday Bitcoin tried to break above the resistance after making a new all-time high again, hitting $7900. Although the daily closing price was recorded at $7465, which is below the previously made high at $7630. ... read more http://cryptopost.com/bitcoin-remains-under-pressure/ Storj Coin Ready To Grow? Storjcoin has been showing some interesting price action. First, it formed a double bottom while rejected $0.31 for the second time, on the 23rd of October. Bounce off the support followed by the break above the downtrend trendline, descending channel and 200 Moving Average. ... read more http://cryptopost.com/storj-coin-ready-to-grow/ NEM Holding The Support, Will It Reverse? On the 2nd of November NEM/USD once again tested previously formed support area near $0.15. Although price went lower, down to $0.137 where it rejected 161.8% Fibonacci, the daily close stayed above $0.15. ... read more http://cryptopost.com/nem-holding-the-support/ TenX – More Downside Pressure TenX doesn’t seem to find any ground yet as it continues to trend down establishing the new lowest low since August. PAY/USD went as low as USD 1.32, after which it corrected up, rejecting the descending channel. ... read more http://cryptopost.com/tenx-more-downside-pressure/
  14. Daily Crypto News & Analysis

    Bitcoin Cash After SegWit2x Bitcoin Fork Bitcoin SegWIt2x hard fork is scheduled to be executed on November 16th 2017. This could be a very big day for a Bitcoin and can potentially have several outcomes. While there is uncertainty, investors are very likely to seek alternative coins to invest, and one of them could be the Bitcoin Cash. ... read more http://cryptopost.com/bitcoin-cash-after-segwit2x-bitcoin-fork/ ZCash Short-Term Trend ZCash hasn’t been able to provide any clarity on the potential continuation of the long-term uptrend as it needs to break above $410 first, which is the previously made high formed on the 28th of September. ... read more http://cryptopost.com/zcash-short-term-trend/ Waves Coin Bouncing off the Support On the 3rd of June Waves coin reached an all-time high against Bitcoin, hitting BTC 0.0026. Since then Waves has been losing to bitcoin consistently, and up until this point, WAVES/BTC dropped by 86%, down to BTC 0.00035. This was the lowest price since April 2017, but there are some indications that the downtrend could be over. ... read more http://cryptopost.com/waves-coin-bouncing-off-the-support/ Ethereum Classic VS Bitcoin – Bullish Divergence Ethereum Classic does start to gain some bullish momentum after forming a positive divergence on the RSI oscillator. ETC/BTC tested the low at 0.0013 where it rejected the lower trendline of the descending channel. ... read more http://cryptopost.com/ethereum-classic-vs-bitcoin-bullish-divergence/ Bitcoin Cash Domination Over Ethereum Bitcoin Cash has been feeling quite strong in relation Bitcoin and Ethereum as well as many other altcoins. It seems that BCH is getting quite a lot of attention lately and could be very interesting to watch in the coming weeks. ... read more http://cryptopost.com/bitcoin-cash-domination-over-ethereum/ Bitcoin – Strong Battle Between the “Bulls” and the “Bears” Bitcoin yet again reached another all-time high on the 5th of November, reached the $7630 top. BTC/USD formed a Doji candle on the daily chart which does indicate strong battle between the “bulls” and the “bears”. ... read more http://cryptopost.com/bitcoin-strong-battle-between-the-bulls-and-the-bears/
  15. Daily Crypto News & Analysis

    Bitcoin Cash Gained 130% In Two Weeks Bitcoin Cash has been performing very well during the past few weeks, it has gained over 130% against the Dollar, rising from $292 up to $690. Clearly, the trend is now up, especially after BCH/USD broke above the 200 Moving average, $530 resistance level as well as the descending channel. ... read more http://cryptopost.com/bitcoin-cash-gained-130-in-two-weeks/ Metaverse Coin Does Not Look Strong The Metaverse coin continues trading within the descending channel and it fails to show any signs of strength. ETP/USD is constantly below the 200 Moving Average and it breaks below Fibonacci support levels. ... read more http://cryptopost.com/metaverse-coin-does-not-look-strong/ Will There Be Interest In Golem? Many have forgotten the Golem coin which is a project for blockchain supercomputer. It used to perform extremely well since it was launched back in the beginning of 2017. However the Golem rush has ended June, and the coin lost over 70% of all what it has gained. ... read more http://cryptopost.com/will-there-be-interest-in-golem/ Ethereum Classic Going For All-Time High? Ethereum Classic begun to look very attractive after rejecting the support at $8.55 and breaking above the 200 Moving Average. ETC/USD also managed to go higher $14 level which was a minor resistance. ... read more http://cryptopost.com/ethereum-classic-going-for-all-time-high/ Civic Doesn’t Feel Like Going North Civic coin still doesn’t feel like going up and continues to produce lower lows and lower highs. This does indicate the presence of a downtrend which has a tendency to continue. ... read more http://cryptopost.com/civic-doesnt-feel-like-going-north/ Komodo VS Bitcoin The Komodo vs Bitcoin cryptocurrency pair looks pretty interesting. KMD/BTC formed a support at BTC 0.00027, after which it produced new higher high and new high low. The first indication that the uptrend could be starting. ... read more http://cryptopost.com/komodo-vs-bitcoin/
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