HOT Altcoins Trade Ideas

[Sean25pogi]

In my experienced in cryptocurrency, the alternative coins should be invest as early as you can
becaseu the market value is quite too low which is favourable to you and will incuured future income.

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[cryptopost]

Ethereum Classic Breakout Opportunity

Ethereum Classic found the bottom at $12, which has been tested on the 10th of June. since then price started to rise slowly, producing higher highs and higher lows. The 50 Moving Average has been broken and currently ETC/USD is trading above it.

The uptrend trendline has been rejected forming minor support at $15.65. At the same time minor resistance is seen at $17.44, which has to be broken in order for the ETC to continue going higher.

Daily break and close above the $17.44 resistance should push price further up, towards the previous resistance level at $25.4, which is 38.2% Fibonacci retracement level.

But, daily break and close below the $15.65 might result in a continuation of the range trading, potentially sending price back down to the $12 support area.

Source: http://cryptopost.com/ethereum-classic-breakout-opportunity/
Telegram channel: https://t.me/cryptopost

[PaduabAz]

Numerous clients beginning needing to exchange altcoins are nontechnical. Truth be told, numerous have no clue how to utilize any exchanging apparatuses at all.Now despite the fact that it is gainful to know how to utilize and comprehend these devices, here and there simply knowing the essentials is in any event eDid you put your mollusks in the dice site? I am not looking at betting, but rather there is a choice on simply dice to help back the house. The inward systems are misty, however the profits are strong in the event that you contribute enough.nough to kick you off.

[cryptopost]

Storj Coin Action Time

Storj has been steadily declining since 3rd of may, and already lost 70% to the USD. Price has moved down from $1.33 to the $0.4 low. STORJ/USD almost reached the 127.2% Fibonacci support level at $0.38, but failed to couch it.

In any case trend remains bearish as price still moves within the descending channel, and recently rejected the upper trendline, suggesting the continuation of the downtrend. At the same time it seems that currently price started to consolidate, between $0.4 support and $0.55 resistance.

The range trading could continue, but the interesting timing is the 4th of September, which is 8th period of the Fibonacci Time Zone indicator. Around that day, price might start showing some signs of a trend which could help to reveal further direction.

There are multiple scenarios that should be expected, but only break above the resistance or below the support could be the trigger for the next STORJ move.

If $0.38 support is broken, price is likely to go down further, to test 161.8% Fibs at $0.12. But if the resistance is broken, this might be the first sign of a potential trend reversal.

Source: http://cryptopost.com/storj-coin-action-time/
Telegram channel: https://t.me/cryptopost

[cryptopost]

Verge Range Trading

Since the beginning of May, Verge has been trading down and has reached the bottom on the 24th of June, when it hit the $0.02 low. After that the range trading has started, and currently XVG/USD has stuck between $0.029 resistance and $0.02 support.

There is absolutely no clarity of further price direction at this point. However, considering that the long term trend is down, it is still more likely that it will continue. But for that, weekly break and close below the $0.02 support is required.

When/if the support is broken, next support is seen at 561.8% Fibs, that is $0.012. And according to the Fibonacci time zone, the low can be reached around 7th of August.

On the upside, if the resistance is broken, it could be the first indication of a trend reversal, or at least a corrective wave up. In this case the upside target is seen neat $0.044 resistance area, that is 23.6% Fibs.

Source: http://cryptopost.com/verge-range-trading/
Telegram channel: https://t.me/cryptopost

[cryptopost]

GXShares Decision Point

GXShares trend remains bullish as price continues to produce lower lows and lower highs, and at the same time Fibonacci resistance levels are being rejected. However, today GXS/USD has reached 78.6% Fibonacci support level at $2.5, which has been rejected along with the 8/1 Gann Fan trendline.

Price produced the spike below the support reaching $2.38 low. While the daily closing price stays above that level GXShare could produce a corrective wave up, potentially reaching the resistance at $3.8, that is 61.8% Fibs.

But, if GXS breaks below the $2.38, the downtrend continuation will become the most probable scenario. In this case GXShares could drop towards the key phsycological support area, near $1.

Currently it looks like the low risk buying opportunity can be considered, with the potential stop and reverse approach.

Source: http://cryptopost.com/gxshares-decision-point/
Telegram channel: https://t.me/cryptopost

[yanesna3]

I am not a trader so it is quite difficult for me to find a best possible solution for the day-trading strategy for example. On my mind it is really impossible for me to find out something significant I suppose.

[Vdh135]

I suggest to all of you to stop trading Cryptocurrency. Trading cryptocurrency is not give any benefit at all. The price of cryptocurrency is fluctuate. Better you hold them for long term investment.

[killat]

One of biggest mistakes when people trade is that you put money in a coin hoping that the price will increase, BUT the price could drop too. And it can lead you to sell for a loss because of fear to lose more.
Do not invest in coins blindly, do deep research, work with only good volume coins. And we talking about investing , not about trading.

To trade cryptos you need a proper technique, you need to be patient, not greedy and emotional stable.

[MatysTapsilog]

I imagine that individuals need to accomplish increasingly to monitor altcoins, in light of the fact that that is the thing that the future will be. Obviously, bitcoin will remain the pioneer, yet behind them will be cases that are probably going to be explained by huge individuals.

[Ividanik]

I see you've been thinking, once up, once up, a second time up. But you know that most of the projects that are presented here, does not show any activity in social networks?

[Arceusz]

I think you must do a basic strategy to earn a good amount of income, buy investment or coins in the first quarter of the year because of the chipper price then sell it, in the last quarter of the year.

[Aselgeko]

Marinecoin is a community project, it is a large endeavor to create the largest fair distribution crypto currency community. The block chain has a simple code for new developers to be able to build on top of it. The block chain is maintained by an artificial intelligence named Jarvis. More than 20000 seed members is the goal by the end of the ICO.

[Cordann]

Many believe that a long-term hold is the best option for investors. But it seems to me that in each case the decision must be taken individually, taking into account the specifics and prospects of the project.

[FLHippy]

It is not bettter to trade Bitcoin? You cant even predict Bitcoin. So why trying to trade some coins which are not in top 100. I think this is a big gambling with your money.

[wiak2]

I do not like to work with only one coin. I think it's better to distribute your investments. Therefore, I have already selected several promising altcoins for investment.

[memFISTO]

Each project is individual, so a suitable strategy is selected taking into account its prospects. But I mostly focus on long-term investments, selecting suitable projects for them.

[belcini]

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.

[cryptopost]

AdToken VS Bitcoin Trying to Move Higher

AdToken has found the bottom at 180 satoshi level, on the 30th of June. Since then price has established an uptrend, although with a very high volatility. On the 23th of July, price spiked up and went up by 460% in a matter of hours. ADT/BTC reached the 1068 satoshis high, followed by an immediate strong correction down.

ADT has found the support at 230 satoshis, which is the level of the downtrend trendline breakout point. The following move was a wave up, resulting in a break above the 50 Moving Average, and reaching 366 satoshis level.

The higher highs and higher lows pattern is still valid, therefore the uptrend is intact. It could be reasonable to expect further growth, although price has to break above the resent high first.

If 366 satoshis resistance level is broken, AdToken could jump up, potentially reaching the strong resistance area near 750 satoshis, which is the 61.8% Fibonacci retracement level.

But if daily closing price stays below the 366 satoshis level, AdToken could move lower, perhaps towards the previous low at 180 satoshis level and below.

Source: http://cryptopost.com/adtoken-vs-bitcoin-trying-to-move-higher/
Telegram channel: https://t.me/cryptopost

[cryptopost]

Zclassic VS Bitcoin Range Trading, unless…

Zclassic found the bottom on the 31st of May, where it hit and rejected the 40k satoshis psychological support. The price jumped up to 400k satoshis area, which was a huge 1000% growth in just one month.

Since the end of April has been declining steadily and went down to 100k satoshis area, where it rejected 88.6% Fibonacci retracement level cleanly. On a lower, ZCL/BTC has formed a double bottom at 100k area after which price went up shaprly.

Zclassic broke above the 50 Moving Average and went up to 242k satoshis level, where it has rejected the 50% Fibonacci retracement level. At this point price could be trapped between 100k support and 240k resistance levels.

Break above or below is required for ZCL to either continue the uptrend or correct even further down. Daily break and close above the resistance might be the signal of the uptrend continuation, while Zclassic should rise towards the 161.8% Fibonacci retracement level, that is 658k satoshis.

On the downside, break and close below the 100k support should push the price down and Zclassic is likely to produce a double bottom at 40k satoshis area.

Source: http://cryptopost.com/zclassic-vs-bitcoin-range-trading-unless/
Telegram channel: https://t.me/cryptopost