|
Title: 5 Best Performing Coins Now in 2019 [Feb] - Latest Cryptocurrency Analysis Post by: iam_aayushiJ on February 20, 2019, 02:12:12 PM Cryptocurrency market has seen a significant jump in overall market-cap with the addition of $10+ Billion recently and can see the effect on top performing cryptocurrencies.
Overall market-cap has jumped from $120 Billion to $132 Billion at the time of writing which shows bullish momentum for coming days/weeks. Let’s have a deeper look at the 5 best cryptocurrencies 2019. #1 Bitcoin: BTC/USD (Coinbase) Bitcoin pair has seen a price surge of around 18+% after testing the support level $3400-$3300 mentioned in the previous article. It has proved to be the most valuable cryptocurrency over the period. Let's look at the 4-Hour Time frame chart for analysis. Click here for the Charts, I am not allowed to post images. (https://coinswitch.co/news/5-best-performing-coins-now-in-2019-feb-latest-cryptocurrency-analysis) Bullish Case: Bitcoin pair is testing a preliminary resistance (red bar) around $3900 price level, at the time of writing. We might see a healthy pullback to $3600+ price level and needs to hold for further bullish momentum. Also, if the pair manages to break the major resistance level around $4200 then it would be strongly bullish and we might test $5000 level in the coming weeks. Other bullish signs are that the pair has crossed the 200H-SMA (Simple Moving Average) and accelerated through the Ichimoku cloud which will act as preliminary support in the near future. Simply put, buying around $3600 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks. Bearish Case: If the support level $3600+ doesn't hold in the coming days then it would be early signs of the bearish sentiments and breaking $3300 level after would be super bearish for the pair. STOCH-RSI and MACD are also moving into bearish zones which depicts a pullback. Simply put, if someone bought at around $3600- price level then it should sell asap if the $3300 price level breaks downward. Title: Re: 5 Best Performing Coins Now in 2019 [Feb] - Latest Cryptocurrency Analysis Post by: hellyah070 on February 20, 2019, 02:27:46 PM Cryptocurrency market has seen a significant jump in overall market-cap with the addition of $10+ Billion recently and can see the effect on top performing cryptocurrencies. Overall market-cap has jumped from $120 Billion to $132 Billion at the time of writing which shows bullish momentum for coming days/weeks. Let’s have a deeper look at the 5 best cryptocurrencies 2019. #1 Bitcoin: BTC/USD (Coinbase) Bitcoin pair has seen a price surge of around 18+% after testing the support level $3400-$3300 mentioned in the previous article. It has proved to be the most valuable cryptocurrency over the period. Let's look at the 4-Hour Time frame chart for analysis. Click here for the Charts, I am not allowed to post images. (https://coinswitch.co/news/5-best-performing-coins-now-in-2019-feb-latest-cryptocurrency-analysis) Bullish Case: Bitcoin pair is testing a preliminary resistance (red bar) around $3900 price level, at the time of writing. We might see a healthy pullback to $3600+ price level and needs to hold for further bullish momentum. Also, if the pair manages to break the major resistance level around $4200 then it would be strongly bullish and we might test $5000 level in the coming weeks. Other bullish signs are that the pair has crossed the 200H-SMA (Simple Moving Average) and accelerated through the Ichimoku cloud which will act as preliminary support in the near future. Simply put, buying around $3600 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks. Bearish Case: If the support level $3600+ doesn't hold in the coming days then it would be early signs of the bearish sentiments and breaking $3300 level after would be super bearish for the pair. STOCH-RSI and MACD are also moving into bearish zones which depicts a pullback. Simply put, if someone bought at around $3600- price level then it should sell asap if the $3300 price level breaks downward. When can we see other altcoin placed on rank one? I don't think bitcoin will last that long, there are some altcoins which is considerably better than bitcoin in some case and they should be rank top in some time. Title: Re: 5 Best Performing Coins Now in 2019 [Feb] - Latest Cryptocurrency Analysis Post by: masterrex on February 20, 2019, 02:33:53 PM Well Bitcoin still stand its ground as the top cryptocurrency in terms of value and Market capitalization. But I think the day will come that Bitcoin will be dethrone by some Altcoins since most of the time Altcoins are getting better and improving its use case and utilization.
Title: Re: 5 Best Performing Coins Now in 2019 [Feb] - Latest Cryptocurrency Analysis Post by: mrdeposit on February 20, 2019, 05:06:02 PM Cryptocurrency market has seen a significant jump in overall market-cap with the addition of $10+ Billion recently and can see the effect on top performing cryptocurrencies. Overall market-cap has jumped from $120 Billion to $132 Billion at the time of writing which shows bullish momentum for coming days/weeks. Let’s have a deeper look at the 5 best cryptocurrencies 2019. #1 Bitcoin: BTC/USD (Coinbase) Bitcoin pair has seen a price surge of around 18+% after testing the support level $3400-$3300 mentioned in the previous article. It has proved to be the most valuable cryptocurrency over the period. Let's look at the 4-Hour Time frame chart for analysis. Click here for the Charts, I am not allowed to post images. (https://coinswitch.co/news/5-best-performing-coins-now-in-2019-feb-latest-cryptocurrency-analysis) Bullish Case: Bitcoin pair is testing a preliminary resistance (red bar) around $3900 price level, at the time of writing. We might see a healthy pullback to $3600+ price level and needs to hold for further bullish momentum. Also, if the pair manages to break the major resistance level around $4200 then it would be strongly bullish and we might test $5000 level in the coming weeks. Other bullish signs are that the pair has crossed the 200H-SMA (Simple Moving Average) and accelerated through the Ichimoku cloud which will act as preliminary support in the near future. Simply put, buying around $3600 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks. Bearish Case: If the support level $3600+ doesn't hold in the coming days then it would be early signs of the bearish sentiments and breaking $3300 level after would be super bearish for the pair. STOCH-RSI and MACD are also moving into bearish zones which depicts a pullback. Simply put, if someone bought at around $3600- price level then it should sell asap if the $3300 price level breaks downward. When can we see other altcoin placed on rank one? I don't think bitcoin will last that long, there are some altcoins which is considerably better than bitcoin in some case and they should be rank top in some time. Title: Re: 5 Best Performing Coins Now in 2019 [Feb] - Latest Cryptocurrency Analysis Post by: bigcash2011 on February 22, 2019, 07:13:15 PM I hope markets especially btc and eth will show decent recovery from here as the daily and weekly charts are showing solid foundation and im personally bullish for next 2 3 months.
|