HOT Altcoins Trade Ideas

[Alexmasterbtc]

Thank you for sharing your trading ideas. Do you have any views on Ripple and Litecoin?

Ripple coin for a long time its value was 0.24 cents.She made a good rise to $ 3.Now it's going back down, its value is 0.29 cents.Litecoin-more interesting coin, and the prospects in it more.

[Alexmasterbtc]

Personally, I do not believe in any hot ideas that will bring a lot of money in the shortest possible time. In the crypto market, you need to carefully analyze the situation and work hard to find a worthy project with good prospects.

This is also not an option, now every week there are dozens of new tokens.For each of your promising project,there are ten more promising, which will crush it with their competition.

[cryptopost]

NameCoin Should Correct up … or Reverse?

On the 11th of August, Namecoin has reached the low at $0.64 where it has rejected the 327.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout.

Price has formed a double bottom at that stage and RSI shows the bullish divergence suggesting either a corrective move upwards or even a trend reversal. Trend reversal yet to be confirmed as it is far to early for that statement. However, the correction is likely to take place as today NMC/USD broke above uptrend trendline on the RSI as well as on the price chart.

This breakout might trigger further upside growth. The nearest target can be seen at 23.6% Fibonacci retracement level, which is $1.1. It could be that $1 psychological resistance area could play a key role in further price development. If this resistance is broken, that talks about the potential trend reversal will be much more relevant. But at this point only a correctional move should be expected.

It is also worth considering the downtrend continuation. This could be the case if the recent low is broke, with the daily break and close below the $0.064 low.

Source: http://cryptopost.com/namecoin-should-correct-up-or-reverse/
Telegram channel: https://t.me/cryptopost

[cryptopost]

Bitcoin Once Again Hitting Support

During the weekend Bitcoin has tested the $6k level once again, which now seems to be the key price. The technical support area is seen between $6088 – $6273 and BTC has produced a spike below that level, but failed to close below on a daily chart.

While USD 6000 is holding, Bitcoin could start the upswing, targeting the previous high at $8500 area as the downtrend trendline and the 200 Moving Average were broken. The first upside target corresponds with the middle line of the descending channel and 38.2% Fibs applied to the downtrend trendline breakout point.

If first resistance at $8.5k is broken, the next key resistance is seen around $10k area, which is an extremely strong psychological resistance.

At the same time, it seems that consolidation is taking place as BTC clearly formed a strong support near $6k area, and failed to break with confidence multiple times. Yet is is possible that price will drop further, and daily close below $6k should push price lower, potentially towards $5 – 5.5k area.

Source: http://cryptopost.com/bitcoin-once-again-hitting-support/
Telegram channel: https://t.me/cryptopost

[Guxidem]

I might want to propose neo(gas) ,siacoin ,gnosis too those coin appears more acknowledgment that the others, I for one just exchange few ethereum since I don't know anything about these coin or simply look facebook/wire aggregate for alt merchants additionally suggested, I got one fb amass called ethereum contributing and it was incredible, numerous alts are examined there, I think much better to look at it

[cryptopost]

Bitcoin Struggling to Break Higher

The bitcoin downtrend still remains valid as price continues to produce lower lows and lower highs. Since 25th of July, BTC has lost over 30% to the US Dollar, while price moved from the $8500 down to the recent low at $5850 area.

At the same time strong resistance has been formed at $6500, which is confirmed by the 361.8% Fibs applied to the corrective wave up after the uptrend trendline breakout. The support is seen at $6000, which at first glance seems to be broken, although daily close stays above this key level.

Currently it would be important to watch two levels, first is a $6k support and second is the $6.5k resistance. If the resistance is broken, together with the 200 Moving Average and the downtrend trendline, it could be a strong signal of a potential trend reversal, resulting in a growth towards the $10k psychological resistance. But there will be a daily close below the recent low at $5850, the downtrend is very likely to continue, at least towards the next support at $5500.

There are multiple scenarios of the price development in the coming days, but as has been mentioned already, key support and resistance levels should be watched very closely.

Source: http://cryptopost.com/bitcoin-struggling-to-break-higher/
Telegram channel: https://t.me/cryptopost

[Target100]

Trading idea with HOT altcoin. I appreciate very reasonable. I see HOT coin, it has toner that goes up very steeply. They have the signal and the price rule is quite easy for newbies to make money

[cryptopost]

Bitcoin Bullish and Bearish Scenarios

Since the 14th of August, when price tested the low at $5858, Bitcoin has established an uptrend, that can be confirmed by the higher highs and higher lows. The strong support has been established at $6256, which has been rejected multiple times, with the most recent bounce occurred on the 23rd of August.

Yet, clear indecision is dominating, considering the fact that price broke first above the triangle patter and then below it. Nevertheless the 61.8% Fibonacci support has been rejected, and bullish scenario at this point is more favorable.

Recently strong resistance at $6500 has been broken, which today has acted as the support. Therefore, while BTC/USD is above this support, buyers could start to take more and more action, pushing price higher, perhaps towards the strong psychological resistance at $10k area.

On the downside, if Bitcoin breaks below the $6500 level, and then below the triangle patter once again, ten price is likely to test $6256 support, and potentially go even lower. At this stage bullish scenario should be invalidated and either a downtrend or a consolidation might be the case.

Source: http://cryptopost.com/bitcoin-bullish-and-bearish-scenarios/
Telegram channel: Bitcoin Bullish and Bearish Scenarios

[ximabe]

Following restorative wave down brought about the 60% decay and cost went as low as $0.4, where 200 Moving Average was dismissed indeed. After, XLM/USD went up breaking the downtrend trendline recommending that the uptrend is currently prone to continue. The principal solid obstruction is seen at the $1.18 where two Fibonacci retracement levels are inline. Just a break and close underneath the 200 Moving Average could negate bullish standpoint

[dadanpradana]

I once bought Counterparty (XCP) at Bittrex and it turned out that the price continued to fall.
whereas the total supply is very little and around 2,616,057, but with the price of about 62,000 satoshi.

it is very sad that the price is very cheap.