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Hello everyone! Recently we launched a crypto signal service: cryptosignalist.com
I would like to know a general impression and if such service is of interested at all?
Would appreciate your feedback and let me know if you have any questions.
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Following the previous idea on Syscoin it has in fact started to rise and produce higher highs and higher lows suggesting the continuation of the uptrend. Fibonacci applied to the corrective wave to the corrective wave down after breaking the second descending channel shows that 100% and 127.2% levels were acting as a resistance that has been rejected. And currently, SYS/USD is trading right at the 227.2% level which is also being rejected while acting as a support. The trend up is very likely to continue and it could move from the current price $0.29 up to $0.53 or $0.60, with the potential gain of over 100%. Both upside target levels are confirmed by two Fibonacci retracement levels applied to the corrective waves down after first and second descending channel breakouts. Only a break and close below $0.16 could invalidate bullish outlook. http://cryptopost.com/syscoin-could-rise-another-100/ |
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ParkByte is one of those “fresh” cryptocurrencies that is highly volatile and yet to prove its’ worthiness. Nevertheless, it keeps rejecting the uptrend trendline and since October printing higher highs and higher lows. The trend remains bullish in the medium term and there would be another wave up approaching shortly. Fibs applied to the corrective wave after descending channel breakout shows that there is resistance at 261.8% retracement level, that is $1.788, which is inline with the extended upper trendline of the ascending channel. The nearest support is at $0.85, which could potentially be broken, but the key support is based at $0.6 and only break below that level would invalidate bullish outlook. http://cryptopost.com/parkbyte-is-worth-watching/ |
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Dash had a strong rally against bitcoin which has started at the beginning of this month. It went up sharply and tested btc 0.087 level, gaining a massive 150% advantage over BTC. The corrective wave followed which started on 12th of November, sending Dash down to btc 0.05 where the 200 Moving Average was rejected. Following wave up broke above the descending channel suggesting the trend remains bullish. The 200 MA has been rejected twice and DASH/BTC started to produce higher highs and higher lows yet again. ... read more http://cryptopost.com/dash-is-racing-with-bitcoin/ |
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Based on the previous idea, Ethereum Classic moved up as expected all the way from $8.5 support up to the current price at $33. ETC/USD has made a strong gain of 265% just this month! Indeed a strong growth, and in fact today Ethereum Classic is among the top gainers on major coins which has gained over 30%. ... read mpore http://cryptopost.com/ethereum-classic-top-performer-but-what-next/ |
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DigiByte has been losing value against USD since June. It suffered heavy losses while moving from all-time high at $0.066, all the way down to 0.01 area. The total decline was a huge 90% but the support was found and now DigiByte does look as a very attractive investment... ... read more http://cryptopost.com/digibyte-far-too-cheap/ |
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In June Peercoin tested all-time high while reaching $3.5 price tag. Since then it has been correcting down and lost to USD around 70%. Peercoin found the support at $1 psychological round number and to be precise, at $1.12... ... read more http://cryptopost.com/peercoin-calm-before-the-storm/ |
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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/ |
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As a very new coin, Patientory does not have much of a track, but if the demand is there, a healthy growth will come. PTOY/USD has been declining since mid-September way down from $0.6 to $0.15, resulting in a loss of over 70% during the past five weeks. During this decline, it broke the uptrend trendline and currently facing the support at $0.157. Technically speaking, the current price is attractive for buyers and the Patientory value could slowly start rising. Speaking of risk, break below the support might result in a further downtrend, so buyers should be careful at this moment. More confirmation of the uptrend would be ideal, but in any case, it should be noted, that PTOY/USD is trading at the support. https://www.tradingview.com/chart/PTOYUSD/TylWTQ1Y-Patientory-Hitting-Downside-Target/ |
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Stratis found the support at 161% Fibonacci retracement applied to the corrective wave up after the uptrend trendline breakout This support has been rejected two times and this week Stratis broke above the downtrend trendline, what’s more, STRAT/USD breaking above the 200 Moving Average which could accelerate growth in the short term Overal a wave up is expected towards either $7 or $10 from the current price, which is at $4.5. Reaching the first target would bring Stratis growth of 55%, and reaching the second 130% accordingly. At this point, Stratis has very strong growth potential in the short run. https://www.tradingview.com/chart/STRATUSD/YyqoaA0o-Stratis-Is-About-To-Fly/ |
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LitecoinPerhaps Litecoin has provided the most consistent and steady growth amongst all coins. After reaching the highest high at $94 on the 2nd of September it corrected down strongly and lost 64%. Although this is a very strong correction down compared to most coins. Litecoin is the most correlated with Ethereum, having an 82% correlation over the past 90 days. And yes, Ethereum also looks very strong and together with Litecoin could be the top choices for investors in the coming months. They are true candidates for the highest potential gain and the current price, which stands at $60 does look very attractive indeed. The potential upside targets are based on Fibonacci retracement levels and are ... read more http://cryptopost.com/litecoin-has-substantial-growth-potential/EthereumThe overall volatility of the cryptocurrency market has increased during the past few weeks, especially for Bitcoin. BTC produced an all-time high at $5920 which could now act as a short to medium term resistance and potentially result in a correction down. While Bitcoin investors are fixing profits after a healthy gain, the best alternative investment, for the time being, seems to be Ethereum. Technically speaking ETH has found a strong support at $280 level and after some range trading, it finally broke above $310 resistance. This move could trigger an explosive growth and thus become more and more attractive for buyers. At the same time other pairs in relation to ETH showing weakness, adding confirmation to the ETH strength. ... read more http://cryptopost.com/ethereum-might-become-a-top-choice-for-investors/
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As a result of a heavy uptrend started a month ago, on the 13th of October Bitcoin produced an all-time high, reaching $5880. At the price of $5880 for a Bitcoin, there is a double resistance based on Fibonacci retracement levels. First Fibs resistance is 627.2% retracement level of the descending channel formed from 15th of June till 15th of July. First Fibs resistance is 627.2% retracement level of the descending channel formed from 15th of June till 15th of July. Second Fibs resistance is 627.2% retracement level of the corrective wave down after the channel has been broken on the 20th of July. Today, yet again, Bitcoin approaching $5880, while if rejected for the second time, could prove that the uptrend has exhausted itself and perhaps its time for consolidation or a correction down. On the other hand, break above 6k would provide even more power for BTC/USD, but while resistance is holding selling pressure will remain high. Visit this trade idea: https://www.tradingview.com/chart/BTCUSD/eZl7BNLU-BITCOIN-AT-THE-MASSIVE-RESISTANCE/ |
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