HOT Altcoins Trade Ideas

[internaldr]

the value of this token has rised very recently. I am following this project closely. and I think to invest.

[cryptopost]

DigiByte Could Start Dominating Over Bitcoin

During the past week, DigiByte went sharply down and lost to Bitcoin more than 50% while moving from 160 satoshi down to 70 satoshi. But it found the support at 127.2% Fibonacci retracement level applied to the last corrective wave up which is 83 satoshi. Although price spiked down lower and rejected the downtrend trendline, it recovered quickly and broke above the downtrend trendline.

Current corrective wave down is showing that the 83 satoshi support is being rejected for the second time which could potentially result in a trend reversal for DGB/BTC.

The DigiByte price remains extremely cheap, that could attract more and more investors over the coming week, although break and daily close below the 70 satoshi low would invalidate bullish outlook. Still, the risk/reward ratio is huge and many could consider DigiByte a worthy investment.

Source: http://cryptopost.com/digibyte-could-start-dominating-over-bitcoin/

[cryptopost]

VeryCoin Might Go Lower

Following the previous idea on VeriCoin, it has reached the upside target and rejected it. Now clearly there is a strong resistance at $0.65, which is the 127.2% Fibonacci applied to the last corrective wave down. The rejection was clean followed by a strong correctional move down.

Currently, VeriCoin is likely to continue trading within the range between the $0.65 resistance and $0.40 support. At the same time, with the fact of the resistance being rejected there is more probability of further decline, unless the resistance will be broken.

Source: http://cryptopost.com/verycoin-might-go-lower/

[cryptopost]

Elastic Explosive Growth Potential

Elastic has been rejecting the $0.22 support during the past few months and finally, today it broke above the triangle pattern. The breakout was very clean while the price on 4h and 8h charts closed above the downtrend trendline.

What is interesting is that the breakout was accompanied by a heavy volume and was very sharp. This could indicate on the money and interest flowing into the Elastic coin where trading under heavy volume is likely to continue. If this will be the case, investors ave could see an explosive move up on XEL/USD, potentially resulting in 200%, 400% or even larget growth against USD.

First strong resistance could be at 127.2% Fibonacci retracement level applied to the corrective wave from August, that is $1.15. The second target is 227.2% level at $1.9.

Only a break and daily close below the $0.17 will invalidate bullish outlook. The rewards for such a small risk seems enormous and therefore the buying opportunity is very attractive.

Source: http://cryptopost.com/elastic-might-just-explode/

[cryptopost]

Verge VS Bitcoin – The Bottom?

In July Verge broke below the uptrend trendline and since then it has been consistently moving lower and lost 66% to Bitcoin while falling from 113 satoshi down to 44 satoshi.

Fibonacci applied to the corrective wave up after the trendline breakout, which is the same wave where 200 Moving Average has been rejected, shows that 327.2% retracement level has acted as a support with a very precise bounce off.

Currently, XVG/BTC continues trading within the descending channel although the lower trendline is also now acting as a support suggesting that Verge is planning to go ahead of Bitcoin. Perhaps buying Verge might seem a little early, but as the support is holding the opportunity is there.

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

[cryptopost]

EOS – How Far Up?

Following the previous idea on EOS it has gone sharply up and broke above the $3.6 resistance level. After breaking above price corrected back and found the support at this level. It has been rejected together with the uptrend trendline and uptrend resumed.

The next potential upside target, which is a strong resistance, is at $$6.2, where two Fibonacci inline. First 1027.2% applied to the corrective wave after the break above the 200 Moving Average, and second is 161.8% applied to the last corrective wave down.

They both point on $6.2, although EOS/USD could get even higher to test $7 psychological resistance area. Next resistance levels are $6.7 and then $7.2, which could be the final upside target for the current wave.

Key support stays at $3.6 and could be used for the longer term analysis or perhaps for a buying opportunity in the coming months. Break below $3.6 could reverse the trend.

Source: http://cryptopost.com/eos-how-far-up/

[PatelKartel]

EOS – How Far Up?

Following the previous idea on EOS it has gone sharply up and broke above the $3.6 resistance level. After breaking above price corrected back and found the support at this level. It has been rejected together with the uptrend trendline and uptrend resumed.

The next potential upside target, which is a strong resistance, is at $$6.2, where two Fibonacci inline. First 1027.2% applied to the corrective wave after the break above the 200 Moving Average, and second is 161.8% applied to the last corrective wave down.

They both point on $6.2, although EOS/USD could get even higher to test $7 psychological resistance area. Next resistance levels are $6.7 and then $7.2, which could be the final upside target for the current wave.

Key support stays at $3.6 and could be used for the longer term analysis or perhaps for a buying opportunity in the coming months. Break below $3.6 could reverse the trend.

Source: http://cryptopost.com/eos-how-far-up/

Interesting... keep up the good work man I like.

[cryptopost]

Augur Is On Fire

Following the previous idea on Augur, it has reached the upside target, which was a $30 psychological resistance level. However, REP/USD managed to go much higher and then corrected back to $25 support, confirmed by the 127.2% Fibonacci retracement applied to the corrective wave after the downtrend trendline breakout.

Augur also broke above the triangle pattern and found the support at the downtrend trendline. So far facts are pointing to the strong uptrend that is likely to continue. During the coming weeks, Augur might be on fire, with a huge growth potential, where it could rise up to $86.

On the way up there are few resistance levels that should be watched, 427.2% fibs at $45 and 727.2% fibs at $65. Any of that resistance could also act as a target, but if broken, Augur could go up to the final target at $86.

Source: http://cryptopost.com/augur-is-on-fire/

[cryptopost]

Storj Time Is Now

Storj coin seems to find a strong support near 5k satoshi. This support is confirmed by a 127.2% Fibonacci retracement level of the last corrective wave up.

At the same time, STORJ/BITCOIN already rejected this price in the past, while between 21st and 23rd of October a small double bottom was formed. Now as the price returned to this level, once again it is acting as a support. If the support holds it should result in a corrective move up or even a trend reversal.

Nevertheless, the minor resistance at 6.6k satoshi should be watched as a break above should provide more strength to the Strorj against Bitcoin. A daily close below the key support at 5k satoshi could invalidate bullish outlook.

Source: http://cryptopost.com/storj-time-is-now/

[artmen007]

It's difficult to predict the price using technical analysis. The crypt is very new in the market and the price doesn't always run as shown in the graphs. Although there are people who are quite successful doing it. Here take RAND from Twitter. He had on the page come a lot of coins where it says made 50% or something else. But he is investing in 50 projects and only a few from his shoot schedules.
For myself, I just decided to look for promising altcoins and sell them if they did X3 and more

But I also understand that the only way to predict the price is technical analysis. I think i need to invest in more education for this

[cryptopost]

Basic Attention Token Revealing The Trend

Basic Attention Token finally breaking above the descending channel as well as the downtrend trendline after rejecting the $0.123 support several times. BAT/USD shows higher highs and higher lows pattern, which is also suggesting the beginning of an uptrend.

Although the trend has been established it is not necessary that BAT will start moving higher straight away, prior consolidation is also possible. The upside targets are seen at 127.2% Fibonacci retracement applied to the corrective wave from 17th of August. The second target is the key resistance at 161.8%, that is $0.41, very close to $0.4 psychological level.

If BAT manages to break above $0.4, an uptrend is likely to continue and perhaps accelerate. On a downside note, the strong support remains at $0.123, where break and daily close blow should result in BAT/USD going even lower.

Source: http://cryptopost.com/basic-attention-token-revealing-the-trend/

[cryptopost]

BitcoinCash vs Bitcoin Simple View

BitcoinCach established a low against Bitcoin at btc 0.068. Then it started to move higher breaking above the descending channel and btc 0.11 resistance.

While it has been able to close above the btc 0.111 on a 4h timeframe, this could indicate on a potential trend reversal or at least a correctional wave up. Break below the btc 0.068 support would invalidate bullish outlook, but for now, it seems like an interesting buying opportunity.

Source: http://cryptopost.com/bitcoincash-vs-bitcoin-simple-view/

[cryptopost]

Nexium Is Massively Undervalued

Nexium is clearly trending upwards while making higher highs and higher lows on a Daily timeframe. It continues to reject the uptrend trendline and currently is trading at $0.21, above the 200 Moving Average.

While the uptrend remains valid and Nexium is above the $0.13 support, buying opportunity remains, with a huge growth potential. The first real strong resistance that NXC/USD must overcome is at 61.8% Fibonacci retracement that is around $0.33 area. Break above should result in an exponential growth and could reach $1.35 within a relatively short period of time. Only a break and close below the $0.13 could invalidate bullish outlook.

Source: http://cryptopost.com/nexium-is-massively-undervalued/

[cryptopost]

StealthCoin Just Doesn’t Stop

StealthCoin continues to trade upwards without a stop. A consistent bullish momentum can be witnessed while XST/USD printing higher highs and higher lows. On the 4th of December price broke above the ascending channel suggesting the continuation or even acceleration of the uptrend.

The first target is seen at $0.54, that is 227.2% Fibonacci retracement level applied to the first corrective wave after the break above the 200 Moving Average. This level corresponds to the upper trendline of the extended ascending channel.

Break above $0.54 should push StealthCoin higher towards $1 strong psychological level where 527.2% Fibs retracement is based. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

Source: http://cryptopost.com/stealthcoin-just-doesnt-stop/

[qazgroup]

Cobinhood is launching their exchange platform on 18th December, so it is great time to pickup COB tokens right now, according to my analysis the price will grow rapidly in coming days.

[lgpinto]

My current portfolio:
RAIDEN

APPCOINS (sale just opened, the technology looks hot)

CINDICATOR

all utility tech tokens with strong teams

[cryptopost]

Burst VS Bitcoin – Battle Begins

Burst found a strong support at 68 satoshi that has been rejected few times. The support is confirmed by the 427.2% Fibonacci retracement level applied to the corrective wave after the ascending channel breakout.

After rejecting the support BURST/BTC broke above the triangle pattern and then above the downtrend trendline. These are first signs of a potential corrective wave up or even a trend reversal. For now upside targets are not clear but it is clear that if it breaks below the support the bullish outlook will become invalid.

In any case, it seems that the growth potential is on its’ way and the risk/reward ratio is huge. This could attract investors and push Burst much higher.

Source: http://cryptopost.com/burst-vs-bitcoin-battle-begins/

[Yellowsanta]

My current portfolio:
RAIDEN

APPCOINS (sale just opened, the technology looks hot)

CINDICATOR

all utility tech tokens with strong teams

About AppCoins: Yesterday I've invested in the sale,  their idea is very innovative and well structured as many people say "Mathematics does not lie".

For me the top 3 reasons for what will be a successful are the following:

- Big market potential: app stores market is worth $40B a year those numbers are projected to double by 2020
- Existent and huge user base: 200 million users or something like that
- Existent product

[bitlayer]

My current portfolio:
RAIDEN

APPCOINS (sale just opened, the technology looks hot)

CINDICATOR

all utility tech tokens with strong teams

I second AppCoins. I like their approach and the team is very responsive on Telegram.

[cryptopost]

MaidSafeCoin vs Bitcoin Rejecting The Support

Following the previous idea on MaidSafeCoin/Bitcoin, it broke below the 227.2% Fibonacci support at 4k satoshi. The next wave down was stopped at the next Fibs support, 261.8% level, that is 2.5k satoshi.

Price clearly bounced of that price and at the same time rejected the lower trendline of the descending channel. Currently, MAID/BTC stuck between 4k satoshi minor resistance and 2.5k satoshi support. Seems that MaidSafe coin at the very bottom although to confirm that break above the 4k resistance is required. If it manages to go higher, 10k satoshi psychological level should be the first upside target that is right at the upper trendline of the descending channel. However, it could be not just a correctional wave down but also a trend reversal.

On the downside note, only a weekly close below 2.5k satoshi support could invalidate bullish outlook.