HOT Altcoins Trade Ideas

[JanVanHellsing]

BitcoinCash vs Bitcoin Uptrend Established

BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend.

The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC bullish intentions. The potential move up might result in a growth towards btc 0.2, that is 38.2% Fibonacci retracement applied through the all-time high.

But this is only the first upside target and key resistance level. If Bitcoin Cash will break above, that should confirm further uptrend and could send price much higher. On the other hand, rejection could result in a corrective move down or an extended consolidation.

The risk of the downtrend will only become valid once/if price breaks below the btc 0.123. In that case BCC could go down towards btc 0.1 psychological support.

Source: http://cryptopost.com/bitcoincash-vs-bitcoin-uptrend-established/
Telegram: https://t.me/cryptopost

Bitcoin cash is certainly a hot trade, especially now. There is no doubt it will go back to it‘s atm. I personally burned my fingers twice with it, it‘s a more risky currency to trade than others.

[1715290433]

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[1715290433]

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[1715290433]

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[cryptopost]

Bitcoin Should Breakout Soon

Since February, when Bitcoin found the low at $6k, price continues to consolidate within the triangle patter. Currently BTC/USD is trading very close to the uptrend trendline and the support level at 78.6% Fibonacci retracement level.

Could it be the turning point for BTC? Yes, it certainly could be. Current price seems very attractive and could provide a good buying opportunity for the medium to short term investors. While BTC stays above $6k, the probability of the uptrend remains very high. There are two resistance areas where the Bitcoin could be heading towards, first is $13k and second $18.5k. Both of them are confirmed by Fibonacci retracement levels.

Only if BTC will break and close below $7k, price could reach $6k support once again, which is a key support. Break below $6k should invalidate bullish outlook and might result in a decline towards $4k area.

http://cryptopost.com/bitcoin-should-breakout-soon/

[cryptopost]

Eidoo Hitting Support

On the 12th of May Eidoo broke below the uptrend trendline that has resulted in further decline. Overall, since April, EDO lost over 50% to the USD and currently is trading at the support level.

The support is a 23.6% Fibonacci retracement level, applied to the uptrend trendline breakout point. That is $1.19 support level, which does correspond to the mid line of the descending channel.

It could be that this is the lowest price this year, and EDO/USD will start rising from this point onward, but only if the price stays above the support. Daily break and close below $1.19 should invalidate bullish outlook and could send price down to $0.65 support.

http://cryptopost.com/eidoo-hitting-support/

[cryptopost]

FunFair Might be at the Bottom

In May, FunFair broke below the ascending channel that has resulting in further decline. Overall, price went from $0.06 down to $0.027 in just one month, loosing 55% to the USD.

Fibonacci applied to the corrective wave up, after the ascending channel breakout shows, that 227.2% retracement level is the nearest support for FUN/USD. Today, FunFair has tested the support as well as the lower trendline of the descending channel.

This support area could be the are of interest for buyers, that might potentially reverse the trend to the upside. Now it is a little too early to talk about the uptrend with confidence, but if the downtrend trendline is broken, the probability of trend reversal will become much more probable. On the other hand, if FunFair will break below the support, the downtrend continuation might take place.

Source: http://cryptopost.com/funfair-might-be-at-the-bottom/

[cryptopost]

LBRY Credits Double Bottom Formation

LBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, that adds extra confidence to the potential trend reversal, if the support will be rejected.

Currently price only produced a spike below the support, but failed to close lower. If it stays above the support, the trend reversal could take place.

But it is important to remember that close below $0.135 might result in further decline and price could reach next support level at 327.2% ($0.11), that corresponds to the lower trendline of the descending channel.

Source: http://cryptopost.com/lbry-credits-double-bottom-formation/

[NeverSop]

LBRY Credits Double Bottom Formation

LBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, that adds extra confidence to the potential trend reversal, if the support will be rejected.

Currently price only produced a spike below the support, but failed to close lower. If it stays above the support, the trend reversal could take place.

But it is important to remember that close below $0.135 might result in further decline and price could reach next support level at 327.2% ($0.11), that corresponds to the lower trendline of the descending channel.

Source: http://cryptopost.com/lbry-credits-double-bottom-formation/

The market continues to fall sharply when bad news is a big Korean Exchange hacker steals assets of investors, so choosing coins to invest at this time is quite dangerous because the market can continued to fall deep. LBRY is a good altcoin and has time to develop in this market, can be based on the chart to choose the right time to buy.

[cryptopost]

AppCoins vs Bitcoin Bullish Divergence

AppCoins has been steadily moving down since the beginning of May. Price has decline from 8455, down to 3900 satoshis, loosing 54% to the Bitcoin. On the 27th of May, APPC/BTC found the support at 23.6% Fibonacci retrenchment level, applied to the uptrend trendline breakout point.

Today AppCoins is attempting to form a double bottom at the very same support area, around 4k satoshis, while forming a bullish divergence on the RSI oscillator. This could be a reversal time, where trend could change the direction, from down to up.

But APPC must stay above previous low established back in March, that is 3780 satoshis. If it breaks below, bullish outlook would be invalidated and downtrend continuation might take place.

Source: http://cryptopost.com/appcoins-vs-bitcoin-bullish-divergence/

[cryptopost]

Golem VS Bitcoin Range Trading

Golem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May.

At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support area between 6 and 5.2k satoshis could play the key role in further price development.

Price still could get lower and perhaps test the 200  Moving Average or even 5.2k satoshis area. But only break and close below 5.2k level could confirm the presence of a downtrend. But as of yet, price is likely to continue ranting between 6k and 9k satoshis, and break above 9k level should confirm Golem bullish intentions and send price to new highs.

Source: http://cryptopost.com/golem-vs-bitcoin-range-trading/

[cryptopost]

NameCoin 400% Growth Potential

On the 18th of March, Namecoin found the bottom at $1.37, where it rejected the uptrend trendline. Price consolidated at that area for almost a month, but yet, failed to close below that low.

Following wave up resulted in a 100% growth over the USD and break above the 200 Moving Average. However, NMC/USD corrected down and currently could be forming a double bottom at the very same support of $1.37, that yesterday has been rejected cleanly.

It is also important to mention that RSI oscillator formed a bullish divergence on a daily chart, following by the downtrend trendline breakout of the RSI indicator. This could be the bottom for the Namecoin, while beginning of the growth is just around the corner. NMC could reach $3 area in a relatively short period of time, where the first resistance is based. But the final upside target could be as high as $6.74 (a 400% growth), that is confirmed by two Fibonacci retracement levels.

The downtrend could only continue after the daily break and close below the key support at $1.37. While the price is above, it is more likely that the trend will start reversing to the upside.

Source: http://cryptopost.com/namecoin-400-growth-potential/

[cryptopost]

BlockSafe Correction Up

Recently Triggers has found the low at $0.48 where it has rejected the middle trendline of the descending channel. The RSI oscillator showed a heavily oversold condition which could result in a corrective wave up. The RSI also broke above the downtrend trendline confirming the potential reversal or correction to the upside.

The support at 227.2% Fibonacci retracement seem to be broken, thus it is too early to speak of the reversal at this point, but the correctional move upwards should be expected. TRIG/USD could reach the nearest resistance at $0.87 in no time, but only break above that resistance might confirm the beginning of the uptrend.

At this point short consolidation period is possible, but only a daily break and close below $0.48 low would invalidate bullish outlook and send price lower, towards the next Fibonacci support at 327.2%.

http://cryptopost.com/blocksafe-correction-up/

[cryptopost]

Myriad VS Bitcoin Found The Support

The Myriad has found the support at 73 satoshis, which is a very cheap price in relation to most coins out there. The support is confirmed by two Fibonacci retracement levels. Fist is 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. And second is 78.6% retracement of the previous wave up.

Clearly the support has been rejected for two consecutive times and it could be rejected once again. The RSI Oscillator shows bullish divergence adding extra confidence to the potential trend reversal or a correction upwards.

Overall, price seems to be extremely attractive while XMY could substantially outperform the Bitcoin in the short, and medium term. But, break and daily close below the 70 satoshis low could invalidate bullish outlook and extend the consolidation.

Source: http://cryptopost.com/myriad-vs-bitcoin-found-the-support/

[cryptopost]

Monaco VS Bitcoin at the Bottom?

Since the spike in price back on 19th of April, Monaco has been steadily going down. Price declined from the 320k down to 75k satoshis in just under two months, loosing 76% to the Bitcoin.

While the price has been moving down, it broke below the uptrend trendline and the 200 Moving Average. Fibonacci applied to the corrective wave up after the breakout shows that currently MCO/BTC is trading at the 161.8% Fibonacci support level, that might start to attract buyers.

If the support is rejected, Monaco is likely to re-test the key resistance at 100k satoshis, that is a strong psychological level. Break above 100k could confirm trend reversal and establish an uptrend.

On the other hand, daily break and close below the current support at 75k satoshis could trigger a downtrend continuation, resulting in the price moving down to the next Fibonacci support level at 36k satoshis.

Source: http://cryptopost.com/monaco-vs-bitcoin-at-the-bottom/

[cryptopost]

VIBEHub vs Bitcoin has to Confirm the Uptrend

After reaching 3700 satoshis high, VibeHub established the downtrend, breaking below the ascending channel followed by the uptrend trendline breakout. Fibonacci applied to the corrective wave up after each breakout shows that VIBE/BTC reached the support level at 1500 satohis after which price went sharply up.

VibeHub broke above the short-term downtrend trendline, but it rejected the longer-term trendline. In order for the price to start a correctional wave up or perhaps to establish an uptrend, it has to break and close above the recent high, that is 1756 satoshis.

But if Vibe stays below that resistance and breaks lower than the recently established low, then the downtrend continuation could take place. To summarize, it is important to watch the break above 1756 or break below 1480 satoshis, that should shed some light about further price direction.

Source: http://cryptopost.com/vibehub-vs-bitcoin-has-to-confirm-the-uptrend/

[honguyenphuongdieu]

Most of you people who post shit about coins are idiots who are just speculators.

One very important lesson I learned watching coins thus far is that "trends" can be interrupted at anytime for any reason.

Just watching unobtanium reach 1000% in one day and drop again was enough to convince me, coins can be manipulated easily by pumpers.

For example, I believe Verge will moon very soon, despite all the speculators and what they think.  <- you can also lump me into this category.

That rhymed didn't it? LOL

[Sadio mahet]

Decred is hitting a 6-month low. It's amazing because so many new ICOs are just copying code instead of trying to create a real decentralized platform.

[cryptopost]

Clams Facing Massive Support

Today CLAMS has reached 11 months low, hitting $2.27 level. This is the key support level for CLAM/USD, that has been rejected for at least 4 consecutive times during the past year. During that year price has moved in cycles, producing up and down waves.

If this cycle will continue the next wave could be starting shortly and confirmation of that could be the break above the descending channel.

At this stage price could either start to consolidate, move slightly lower, potentially to test $2 psychological support, or start a sharp rise. But it is certainly an interesting timing for CLAMS, and if support are will hold and price will stay above the $2, price might go up towards the previous support level at $13 area.

Source: http://cryptopost.com/clams-facing-massive-support/

[Fourgh]

Hello World, Hello Forum, Hello Fellow Traders!

Here I'd like to share my ideas on potentially hot Altcoins to trade for the medium term. The idea is to catch the one single wave of exponential growth and move to the next coin.
I already have few ideas ready so I'll share then with you now. But overall will post my latest ideas here for you to observe and comment.

Looking forward sharing with you!

So here we go, my complete portfolio as of now:

MAIDSAFECOIN
https://www.tradingview.com/chart/MAIDBTC/4n0Z04yA-MAIDSAFECOIN-VS-BITCOIN-GROWTH-POTENTIAL/

ARDOR
https://www.tradingview.com/chart/ARDRBTC/kaLlOrOH-ARDON-VS-BITCOIN-GROWTH-POTENTIAL/

GOLEM
https://www.tradingview.com/chart/GNTBTC/Y2KshlMl-GOLEM-VS-BITCOIN-GROWTH-POTENTIAL/

PRIMECOIN
https://www.tradingview.com/chart/XPMBTC/MhS8xpgM-PRIMECOIN-VS-BITCOIN-GROWTH-POTENTIAL/

CLAMS
https://www.tradingview.com/chart/CLAMBTC/oRLKaxbc-CLAMS-VS-BITCOIN-GROWTH-POTENTIAL/

COUNTERPARTY
https://www.tradingview.com/chart/XCPBTC/p0ZNJeIP-COUNTERPARTY-VS-BITCOIN-GROWTH-POTENTIAL/

FACTOM
https://www.tradingview.com/chart/FCTBTC/IL1MoHcN-FACTOM-VS-BITCOIN-POTENTIAL-GROWTH/

PINKCOIN
https://www.tradingview.com/chart/PINKBTC/smMAqWpn-PINKCOIN-VS-BITCOIN-GROWTH-POTENTIAL/

VERTCOIN
https://www.tradingview.com/chart/VTCBTC/PlWbJyL4-VERTCOIN-VS-BITCOIN-GROWTH-POTENTIAL/

DECRED
https://www.tradingview.com/chart/DCRBTC/tqbkXIKD-DECRED-VS-BITCOIN-GROWTH-POTENTIAL/

NAMECOIN
https://www.tradingview.com/chart/NMCBTC/yjkanXp8-NAMECOIN-GROWTH-POTENTIAL/

Thanks for this Sir, will check their profiles to verify your claims on the above mentioned ALTCOINS. If you dont mind me asking, what trading site are these altcoins available?

[ICOBountyPrograms]

I've always been on the fence on Vertcoin... I like others in the list though.

[cryptopost]

Qwark Trend Reversal

Qwark has lost over 70% to the USD since the beginning of the May. Price has declined from $0.15, down to $0.04 where it finally seem to have found the support.

The support is confirmed by two descending channels, while QWARK/USD rejected both of them at the same time, bouncing off the lower trend-lines.

From this point onward, looks like Qwark could be starting to move higher, and either produce a corrective wave down or even completely reverse the trend. Price could reach the upper trendline of the descending channel or go higher towards $0.16 or $0.18 resistance areas.

At the same time, daily break and close below the $0.04 support should invalidate bullish outlook where the downtrend will continue.

http://cryptopost.com/qwark-trend-reversal/

[cryptopost]

Basic Attention Token VS Bitcoin Breaking Above

On the 13th of June, Basic Attention Token has found the bottom, hitting 2984 satoshis. At the same time it has rejected cleanly the 76.4% Fibonacci retracement level and price started to rise.

Today BAT/BTC broke above the downtrend trendline which could be another indication of the change in trend. Now BAT is likely to start moving high, with the possible prior consolidation. But there is high probability that it will reach the nearest resistance at 61.8% Fibonacci retracement level that is 4717 satoshis, which corresponds with the previous uptrend trendline.

While the consolidation is possible, price could get back to 3k satoshis area to form a double bottom but only a daily break and close below that support level would put more uncertainty in further price development.

Source: http://cryptopost.com/basic-attention-token-vs-bitcoin-breaking-above/