HOT Altcoins Trade Ideas

[cryptopost]

QuantStamp Ready To Moon

Quantstamp has found a very strong support at $0.08. The support is confirmed by two Fibonacci retracement levels. First is 38.2% Fibs applied to the uptrend trendline breakout point. Second is 127.2% Fibs applied to the corrective wave up after the trendline breakout.

Clearly the support has been rejected and price produced a double bottom on the lower time frame. This could suggest the reversal of the trend and should potentially send QSP/USD to the new all-time highs.

There are two major resistance levels that should be watched while the Quantstamp is climbing up. First is $1, that is 127.2% Fibs and also a strong psychological resistance. Second is $1.25, that is 161.8% Fibs. Break above the $1.25 resistance could result in yet another wave up, while rejection could start the correction down.

On a downside, weekly break and close below the $0.08 support should extend the consolidation, but it is unlikely that the price will go much lower.

Source: http://cryptopost.com/quantstamp-ready-to-moon/

[cryptopost]

Decred Rejected The Support

Decred seem to find the support at 88.6% Fibonacci retracement level that is $37. Price rejected the support together with the 8/1 Gann Fan trendline. The following wave up resulted in the break above the downtrend trendline, suggesting either a correctional move up or a trend reversal.

The resistance is seen at $80 area, this could be the first upside target for the potential upcoming wave up. Second resistance is near $90, that could be the decition point for DCR/USD. Break above $90 should establish a long term uptrend while rejection would result in a correction down.

On a downside, daily break and close below $37 support should invalidate bullish outlook and extend the consolidation.

Source: http://cryptopost.com/decred-rejected-the-support/

[cryptopost]

I/O Coin (IOC) Could Grow x15

I/O Coin has approached a massive support at $0.7 that has been formed back in July 2017. First this price was acting as resistance level, that during the period of March – May 2017 it struggled to break above. But then after the breakout if found the support at that price and produced a n all-time high, hitting $8.2.

Once again IOC/USD is trading at this key price which could once again trigger the trend reversal sending price to the new all-time high. As the upside target, the $10 could be a reasonable price. Not only its a strong psychological resistance but also a technical resistance confirmed by two Fibonacci retracement levels.

But can it go any lower prior to the potential reversal? Yes, it can go lower and/or could still consolidate for another month. The very attractive price would be around $0.5 and the probability that it might go that low remains. Nevertheless it seems that the buying opportunity is already presented and investors could start picking up I/O Coin near $1.

Source: http://cryptopost.com/i-o-coin-ioc-could-grow-x15/

[dimon01]

I was disappointed in the holding of coins, because given the trends in the market, it is almost impossible to choose something really worthwhile.

[cryptopost]

BitBay VS Bitcoin Upcoming Wave

BitBay has found the support at 464 satoshis, that is 127.2% Fibonacci applied to the corrective wave up after the 820 satoshi support breakout. The Fibonacci support has been rejected cleanly followed by a strong wave upwards.

The correction down followed along with the consolidation, where BAY/BTC has been trading around 500 satoshis nearly two weeks. But now volume in increasing once again and BitBay could be ready to go up.

The strong resistance is obviously at 820 satoshis and this could be the very fist upside target. Break and close above it should confirm long term uptrend.

Source: http://cryptopost.com/bitbay-vs-bitcoin-upcoming-wave/

[cryptopost]

Nexus Could Double In Value Soon

After hitting the low at $1.2, Nexus went up and broke above the triangle pattern. But then it consolidated for a while and now seem ready to start producing higher highs and higher lows.

Fibonacci applied to the corrective wave down after the downtrend trendline breakout, shows that the nearest strong resistance is at 361.8% retracement level, that is $2.3. Although if that resistance is broken the next upside target could be at $3.25.

In the worst case scenario NXS/USD could go back down to the downtrend trendline before moving upwards, although the recent spike up shows more of a bullish intentions in the short term.

Source: http://cryptopost.com/nexus-could-double-in-value-soon/

[ui_zakharchenko]

Thanks a lot for the list, but I prefer to buy on the long-term prospect only the Etheryum, now I did not buy anything else...

[BrBoy]

I prefer to invest in coins from TOP20 on a coinmarketcap, because basically there are all stable coins and I choose the most promising  from there

[CryptikEnigma]

I do not know half of the coins from your list, but thanks anyway. I'll try to choose a few for long-term investment.

[cryptopost]

Cindicator Is Too Cheap?

Cidicator has decreased from the all-time high of $0.38, down to $0.055, loosing over 80% to the USD. However, CND/USD found the support at 88.6% Fibonacci retracement level that has been rejected cleanly.

As the support is holding it is likely that the long term uptrend will resume from this point onward and could easily multiply by 10 times, considering how cheap the token price is currently. The first strong resistance is seen at $0.58, that is 161.8% Fibonacci retracement level, and just over 10 times target from the current price.

The only way consolidation can be extended is if Cindicator weekly close will be below $0.055 and those who likes safe entry, perhaps is better to wait until CND/USD starts to produce higher highs and higher lows.

Source: http://cryptopost.com/cindicator-is-too-cheap/

[cryptopost]

ICON vs Bitcoin Short Term Bullish Potential

Icon has found the bottom at 2140 satoshis and under the heavy volume went up, breaking above the downtrend trendline. Price has reached 4744 satoshis high and corrected back to 2900 satoshis, which is the breakout point of the downtrend trendline.

There price has formed a bullish divergence on the RSI oscillator, suggesting that the uptrend is likely to continue. The first strong resistance is seen at 227.2% Fibonacci retracement, that is 7200 satoshis area. Break and close above that resistance would most likely trigger a heavy uptrend resulting in the exponential growth. On the other hand rejection should result in a correction or a consolidation.

Break and close below 2500 satoshis should invalidate short term bullish outlook and could extend the consolidation and perhaps send ICX/BTC slightly lower.

Source: http://cryptopost.com/icon-vs-bitcoin-short-term-bullish-potential/

[cryptopost]

Kyber Network At Least x3 Potential

Kyber Network has found the bottom at $0.8, after which it broke above the downtrend trendline and went back down to $0.8 support area, where the double bottom seem to be formed.

Each time KNC/USD approached the $0.8 area it formed a bullish divergence on the RSI oscillator suggesting the trend reversal. Now it looks like a very attractive price as well as I timely entry point to go long on Kyber Network. The first strong resistance is seen at 50% Fibonacci retracement, that is $3.2. If/when target is reached, Kyber would triple in value and this could be just the first wave up.

Break and close below $0.8 would extend the consolidation and could present even better buying opportunity in the short and long term.

Source: http://cryptopost.com/kyber-network-at-least-x3-potential/

[cryptopost]

Factom VS Bitcoin Breaking Above

Factom continues to rejected the uptrend trendline and today FCT/BTC finally broke and closed above the downtrend trendline which suggests the beginning of a correctional wave up or a trend reversal.

The upside move could be either strong a weak depending how price will react on the fist strong resistance at BTC 0.0038. If it will be broken with confidence the next wave up should result in a growth towards BTC 0.0055 are, which is the key resistance.

Although it is unlikely for the Factom to continue the downtrend, the worst case scenario could be the move down towards BTC 0.0025 support.

Source: http://cryptopost.com/factom-vs-bitcoin-breaking-above/

[pavank7]

Best source for altcoin info is http://www.altcointrend.com/. Here you will find trade alerts, working faucet links and tips for investment.

[cryptopost]

Ark Starting To Look Strong

Ark has found the bottom at $1.77. That is 127.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. The support has been rejected cleanly, and the bullish divergence was formed on the RSI oscillator. The following wave up resulted in break above the downtrend trendline which could be the trigger for the strong move upwards.

The strong resistance is seen at 50% Fibonacci retracement level that is $6.7, and a potential 150% rise from the current price. Break and close above the resistance should confirm strong uptrend, while rejection could result in a consolidation or a correction down.

On a downside, break and close below the $1.7 support should extend the consolidation and could send price lower.

Source: http://cryptopost.com/ark-starting-to-look-strong/

[cryptopost]

TenX Pay Token Could Be Worth x2 Soon

After finding the bottom at $0.77, TenX Pay Token went up, breaking above the descending channel and the 50 Moving Average. This suggests the continuation of the bullish momentum that could result in PAY/USD rising towards $3, that would potentially double it’s current value.

Although there is strong resistance at $1.64, that has to be surpassed first. This is 61.8% Fibonacci retracement that corresponds to the downtrend trendline. Break and close above this resistance should push price higher, up to $3, that is much stronger technical as well as psychological resistance level.

It is unlikely that from this point there will be any major move down and the rise is expected to be smooth. Nevertheless close below $0.77 should invalidate short term bullish outlook and extend the consolidation.

Source: http://cryptopost.com/tenx-pay-token-could-be-worth-x2-soon/

[cryptopost]

Lisk VS Bitcoin Short Term View

Lisk has found the bottom at precisely 100k satoshis. This is truly a very strong psychological support that clearly was rejected. The following wave up resulted in the break above the downtrend trendline as well as 50 Moving Average simultaneously.

This could be the very beginning of the long term uptrend continuation or at least a strong corrective move upwards. The first resistance is at 190k satoshis that is 38.2% Fibonacci retracement level. Second, the key resistance is at 250k satoshis, that is 61.8% Fibs.

While most coins have been moving upwards, Lisk has gained very little in the past couple of weeks and it could result in a strong recovery in the short term. On a downside, only a daily break and close below 100k satoshis could invalidate bullish outlook.

Source: http://cryptopost.com/lisk-vs-bitcoin-short-term-view/

[cryptopost]

Bitcoin Potential in 2018

Following the previous idea on Bitcoin, $6500 support along with the uptrend trendline has been rejected twice suggesting the potential long-term uptrend continuation. Today the Bitcoin has closed above the descending channel, confirming bullish intention of the price.

The $6k remains the key support area and as it is being respected by the market Bitcoin should start rising. In 2018, Bitcoin holds great upside potential as the price could reach one of the two key resistance levels.

The first resistance confirmed by two Fibonacci retracement levels is at $23.5k, that is a 300% growth potential. The second resistance is at $37.5k level, which could result in a 540% this year along.

However, it could take some weeks for BTC to consolidate and price might produce a spike below the 6k support area, prior of the strong rise. Nevertheless the long-term trend remains bullish and it is only a matter of time before Bitcoin will establish a new all-time high.

Source: http://cryptopost.com/bitcoin-potential-in-2018/

[cryptopost]

Cardano VS Ethereum, How Far UP?

Cardano has bottomed out at ETH 0.00026 forming a bullish divergence on the RSI oscillator. Price then started to move up, breaking above the downtrend trendline and the 50 Moving Average, suggesting the continuation of a long-term uptrend.

Considering the statistics of cryptocurrencies rising in x10 encasement, the nearest upside target of ADA/ETH is seen at ETH 0.0028, that is just over 10 times the price of the recent  bottom, which was ETH 0.00026. Also, the target level corresponds to the 261.8% Fibonacci retracement level.

The x10 growth is expected during the currently starting wave up and should be the very first upside target. Break above it could send the price much higher, but it yet to be seen if the resistance will be rejected or not.

Source: http://cryptopost.com/cardano-vs-ethereum-how-far-up/

[cryptopost]

Ethereum Could Hit $2000 This Year

Ethereum has lost over 70% to the USD, after reaching an all-time high, hitting $1500 mark. It looks like ETH/USD has found the bottom at $350, where it rejected the 88.6% Fibonacci retracement level along with the 8/1 Gann Fan trendline.

The following wave up resulted in a break above the downtrend trendline suggesting increase in price in the sort to medium term. But the long term trend also remains very bullish and after slow medium term growth, price could go up exponentially. It could take another couple of months at least for Ethereum to pass the accumulation stage while price could be reaching $1000 resistance level. Break above 1k should push it up towards one of the Fibonacci retracement levels.

First resistance is at $1700, that is 127.2% Fibs Second resistance is at $2050, that is 161.8% Fibonacci. It is quite likely that Ethereum will manage to hit second target by the end of this year, thus providing a healthy 480% growth for investors.

Source: http://cryptopost.com/ethereum-could-hit-2000-this-year/