HOT Altcoins Trade Ideas

[Josh.dc]

Thank you for sharing your trading ideas others can fight it interesting and maybe follow your trading guides

[Segio kent]

I plan to invest in Clams and Namecoin it is quite reliable coin, as far as I understand. Although I rarely invest in relatively young coins

[cryptopost]

Cardano Nearest Resistance Levels

Following the previous idea on Cardano, price has started to move up as expected. But how far can it get? Where are resistance levels?

After ADA/USD found the support at $0.17 and rejected the uptrend trendline, price should continue rising. Nevertheless, the consolidation could potentially take place where ADA will get back to the uptrend trendline.

On the other hand, the uptrend could start much sooner, resulting in the growth towards one of the Fibonacci retracement levels applied to the recent corrective wave down. First resistance is at 161.8% fibs, that is $0.53. Second target is at 261.8% Fibs, that is the key resistance level located at $0.75 area.

Break and close above $0.76 should confirm strong uptrend, while rejection is likely to trigger a correctional move down.

Source: http://cryptopost.com/cardano-nearest-resistance-levels/
Telegram: https://t.me/cryptopost

[cryptopost]

Bancor Rally Could Have Started

Bancor continues to reject the long-term uptrend trendline, with the most recent bounce occurred in April, when it found the bottom at $2. Since then price went up by nearly 200% and found the top at $6 area.

The correction down followed and BNT/USD found the support at 78.6% Fibs, that is $3.5 level, which previously acted as the support as well as resistance. While the support is holding, Bancor is likely to continue trending upwards with the final target at 327.2% Fibs, applied to the recent corrective wave down. This is $12 area, that corresponds to the upper trendline of the ascending channel.

At this stage consolidation between $4.5 and $3.5 is possible and could take few weeks before Bancor will start moving higher. But only daily break and close below $3.4 could invalidate bullish outlook.

Source: http://cryptopost.com/bancor-rally-could-have-started/
Telegram: https://t.me/cryptopost

[Deagle21]

it is interesting to read people's thoughts about the project in which the future can bring quite a good profit. I read the comments of people who wrote and decided to study some projects to pay attention to some cryptocurrency that was mentioned here and this vyt helped.

[cryptopost]

Etherparty (FUEL) Quadruple Potential

Etherparty currently trading near $0.05 support area, after it has rejected 61.8% Fibonacci at $0.0488. Price continues to consolidate without any major moves. However, while the support is holding the price is very likely to start moving higher.

The nearest upside target is where the upper trendline of the descending channel has been rejected previous, which is $0.1 area, that corresponds to the 23.6% Fibonacci retracement level. Break and close above it should trigger another wave upwards that could reach 50% Fibs at $0.21, that does correspond to the upper trendline of the extending descending channel.

Yet, it is possible FULE/USD will break below the $0.044 low, but only daily close lower could invalidate bullish outlook and send price down to the previous low at $0.006.

Source: http://cryptopost.com/etherparty-fuel-quadruple-potential/
Telegram: https://t.me/cryptopost

[cryptopost]

Iconomy Buy Trade Setup

Iconomy currently stuck between the support and resistance levels. the support is at 78.6% Fibonacci retracement level, that is $0.87. The resistance is being the point of breakout of the descending channel, that is $1 psychological price.

In order for ICN/USD to start moving higher, a close above $1 is required. When/if that occurs, price should continue going up reaching on of the resistance levels. The fist resistance is at $1.3, that is 50% Fibs. Second resistance is at 23.6% Fibs applied through the all time high, that is $1.75. And final, key resistance, that could be considered as an upside target is located at $2.4 area, and confirmed by two Fibonacci retracement levels.

Price might continue to consolidate between $1 and $0.87 for a little while, but if it breaks and closes below the $0.84, the downtrend could start dominating sending ICN down to the $0.64 support area.

Source: http://cryptopost.com/iconomy-buy-trade-setup/
Telegram: https://t.me/cryptopost

[cryptopost]

Status Rejecting Second Support

On the 29th of May Status has found the support at 88.6% Fibonacci retracement, that is $0.087 level. The following wave up resulted in a break above two descending channels and reaching the high at $0.1.

The corrective wave down followed and SNT/USD yet again fond the support, this time at the 76.4% Fibs, that is $0.091. The strong support area has been formed between $0.087 and $0.091, and while it is holding, trend is likely to reverse to the upside.

Nearest resistance could be 61.8% Fibs retracement level, that is $0.15, which could provide a potential growth of 60% in the medium term. If that resistance is broken, an exponential growth by Status could take place.

It is important to watch the support area in general and $0.086 level in particular, as daily break and close would invalidate bullish outlook and could result in a decline towards the previous support at $0.074.

Source: http://cryptopost.com/status-rejecting-second-support/
Telegram: https://t.me/cryptopost

[cryptopost]

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

[cryptopost]

Loopring vs Bitcoin May Shoot Up Anytime

Recently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend.

The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to rapidly start moving upwards, while the consolidation comes to an end.

Strong resistance is seen at 14300 satoshis, that is confirmed by 23.6% Fibonacci retracement level. This is a key resistance for Loopring, and if it manages to break above, further growth should be expected.

LRC could go down, but in this case, daily break and close below 6k satoshis is required. Then price could decline towards the uptrend trendline or even down to 4k satoshis support.

Source: http://cryptopost.com/loopring-vs-bitcoin-may-shoot-up-anytime/
Telegram: http://cryptopost.com/loopring-vs-bitcoin-may-shoot-up-anytime/

[JPage]

I am sure that the altcoins market can be as attractive as the bitcoin in terms of investments so I think we should have a closer look at it and consider more altcoins for long term investments.

[cryptopost]

Radium Value Could Multiply by x5

Radium has formed a strong bottom at $2.62 level. This level has been rejected throughout the past year, while price bounced off it at least four times. The most recent bounce occurred on the 31st of March, and price went from $2.62 up to $6.

However, the corrective wave down followed and found the support at $3.3, that is 78.6% Fibonacci retracement level, that is being rejected along with the 8/1 Gann Fan trendline. The timing for the buying opportunity seems to be very interesting as if price will stay above the support, the strong growth will be almost imminent.

There are two resistance levels to watch, first is $13.4 level, where RADS/USD formed the resistance back on 25th of January. The second, and key resistance, is at 78.6% Fibs, that is $17.75 level. If/when that target is reached, the value of the Radium will grow by 5 times, which could happen in the medium term.

To consider the downtrend scenario, price must break and close below the key support level, that is $2.62. Then the consolidation could take place and price could test $2 psychological support.

[cryptopost]

NEO vs Bitcoin Getting Ready

NEO has found the support at btc 0.007 area. The support is confirmed by 61.8% Fibonacci retracement and throughout the past three months it has been rejected several times. Yet, up until now price struggling to go any lower, which could be the sign that NEO/BTC is getting ready to start moving upwards.

The first strong resistance is seen at 61.8% Fibs, that is btc 0.011 and could be reached in a relatively short period of time. Second resistance is at btc 0.015, that is 427.2% Fibs applied to the corrective wave down after rejection of the upper trendline of the descending channel.

On a downside, daily break and close below btc 0.006 would invalidate bullish outlook and could send price down to the upper trendline of the descending channel, or even much lower.

Source: http://cryptopost.com/neo-vs-bitcoin-getting-ready/

[cryptopost]

Stellar Lumens VS Bitcoin Upside Target

Since March Stellar Lumens went up from 2100 up to 4900 satoshis, while breaking above the descending channel and the 200 Moving Average. Price has found a strong support at 3500 satoshis area. This is 50% Fibonacci retracement level, which has been rejected for the 3 consecutive times.

It looks like XLM/BTC accumulation phase is getting to an end which should result in a strong move shortly. Considering the the bullish momentum remains strong and price stays above the support, price is very likely to start rising and could reach the upside target at 9k satoshis resistance. The resistance is confirmed by 161.8% Fibs, applied through the all time high, and the 361.8% Fibs applied to the current corrective wave down.

Break and close below 3450 satoshis level might invalidate bullish outlook, but only for the short term, and could send price lower or perhaps just extend the consolidation phase.

Source: http://cryptopost.com/stellar-lumens-vs-bitcoin-upside-target/

[cryptopost]

Viacoin Medium Term Perspective

Viacoin seem to have found the support at 78.6% Fibonacci retracement level that is $1.5. Although price went slightly lower, and did hit the $1.42, the following wave up resulted in a break above the downtrend trendline. Then price rejected the $1.5 support for two consecutive times, that could suggest that price could start rising.

There are several resistance levels, each of which could be considered as a potential upside target. First is 50% Fibs that is $2, second is 23.6% Fibs that is $2.5. And finally $2.7 level, that corresponds to the previously formed resistance level.

Frankly, the downtrend still is valid and price hasn’t started to produce higher highs and higher lows. But only break and close below the $1.5 support would invalidate bullish outlook and the downtrend might continue.

Source: http://cryptopost.com/viacoin-medium-term-perspective/

[cryptopost]

Tierion Confirming The Uptrend

Since May, Tierion was moving downwards and has lost nearly 60% to the USD. But on the 29th of May it has bounced off the 88.6% Fibonacci retracement level, that is $0.064. The following wave up resulted in a break above the downtrend trendline reaching the high at $0.088.

The correction down followed and TNT/USD this time found the support at 76.4% Fibonacci retracement level, that is $0.07. Throughout the past few days this support level has been rejected and if not broken, Tierion should start moving higher.

The resistance is seen at 50% Fibs, that is $0.125, which corresponds to the uptrend trendline resistance. But it is still important to watch the $0.064 support level, as the break and close below will invalidate bullish outlook.

Source: http://cryptopost.com/tierion-confirming-the-uptrend/

[cryptopost]

Lisk Bullish Divergence

After Lisk found the bottom at $7.7, bullish divergence was formed on the RSI oscilater and price went up almost immediately. While moving higher LSK/USD broke above the descending channel and then the downtrend trendline, reaching $10 high.

The corrective wave down followed and was stopped at the 61.8% Fibonacci retracement level, that is $8.6. The Fib support has been rejected cleanly, although Lisk contiues to consolidate near that level.

It seems that now the broken downtrend trendline is now acting as the support and could be the starting point for list to start moving higher. The upside target is seen at $15.5 area, that is 427.2% Fibs applied to the current corrective wave down.

At the same time, daily break and close below $8.6 might invalidate bullish outlook and would probably extend the consolidation, rather than result in a continuation of a downtrend.

Source: http://cryptopost.com/lisk-bullish-divergence/

[captaincomet]

Perhaps it's better to post such a content in twiiter or telegram. People can turn on notification if they are interested and don't want to miss any posts.

[cryptopost]

Counterparty Rejecting Long-Term Trendline

At the beginning of April Counterparty rejected the long-term uptrend trendline. The price went up from $10 to $23, after which another corrective wave down followed. At the end of May, Counterparty rejected the long term uptrend trendline once again suggesting yet anther wave up.

The resistance is seen at $31, which is confirmed by two Fibonacci retracement levels. First is 161.8% Fibs applied to the current corrective wave down, where the trendline was rejected. Second Fibs applied from October low, up to the all-time high, and it is 76.4% Fibs.

It seems this is a key resistance level, break of which could confirm a long term uptrend, while the rejection might result in a strong corrective wave down.

The downside risk still remains, but to confirm XCP/USD bearish intentions, price has to break and close below $9.5 level. In this case Counterparty could continue moving lower, or extend the consolidation period.

Source: http://cryptopost.com/counterparty-rejecting-long-term-trendline/

[cryptopost]

VeChain Confirming The Uptrend

On the 30th of March, VeChain found the bottom at $2.1, where it rejected the 78.6% Fibonacci support level. Price went up and broke the descending channel, reaching the $5.6 high.

The correction down followed and it seems that VEN/USD found the support at $3.28, that is the level where the descending channel has been broken. Then, on the 3rd of June VeChain broke above the downtrend trendline and the 200 Moving Average, suggesting the continuation of the uptrend.

The strong resistance is abased at $7.4 area and could be reached in a relatively short period of time. But it would be reasonable to watch the $2.1 support level, as break and close below would invalidate bullish outlook and could send price down to $2.2 support.

Source: http://cryptopost.com/vechain-confirming-the-uptrend/