Trade Recommendation: Reddcoin

Trade Recommendation: Reddcoin

The Reddcoin/Bitcoin (RDD/BTC) pair is giving crypto enthusiasts something to be excited about. The pair took out resistance of 0.0000004 on August 27, 2018. The breach triggered the breakout from a falling wedge pattern. Breaking out from a falling wedge is something that you can observe in many altcoins. However, many of these altcoins significantly […]

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Trade Recommendation: Lisk

Trade Recommendation: Lisk

Lisk/Bitcoin (LSK/BTC) has been brutally clobbered this year. The pair lost around 90% of its value from the high of 0.003398 on February 10, 2018. The good news is that bulls have had it. They are taking no more. Recent price action shows their conviction. Technical analysis reveal that LSK/BTC has broken out of a […]

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Trade Recommendation: ICON

Trade Recommendation: ICON

The ICON/Bitcoin pair (ICX/BTC) has looked bearish since February 3, 2018 when it took out support of 0.0006. This triggered the double top pattern on the daily chart. The breakout forced those who bought above 0.00006 to cut their losses. This started a bear run that has driven the market to as low as 0.0002041 […]

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Trade Recommendation: Litecoin

Trade Recommendation: Litecoin

The Litecoin/US Dollar pair (LTC/BTC) started to look bearish on January 6, 2018 when it generated a lower high of $306.85. From that point, the pair has been generating a series of lower highs and lower lows expressed through three fractals of falling wedge patterns. As you can see from the chart below, LTC/BTC creates […]

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Trade Recommendation: BitShares

Trade Recommendation: BitShares

The BitShares/Bitcoin pair (BTS/BTC) started to show signs of bearishness on January 6, 2018 when it generated a lower high of 0.00005505. This was a clear signal that the pair’s impressive parabolic run between December 14, 2017 – January 2, 2018 was over. Savvy traders who saw the signal dumped their positions. As a result, […]

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Trade Recommendation: QTUM

Trade Recommendation: QTUM

I would be remiss if I left QTUM out of the analysis during these tepid times. What is telling about this price action is the Daily Pivot Moving Averages. Notice the flat (red line) 14 Day Pivot MA and the steep decline of the (yellow line) 30 Day Pivot MA. These two Moving Averages are […]

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Trade Recommendation: Lunyr

Trade Recommendation: Lunyr

The Lunyr/Bitcoin pair (LUN/BTC) started its uptrend on August 11, 2017 when it took out resistance of 0.002. The breakout attracted so much momentum that the pair became parabolic on the daily chart. With its supercharged velocity, LUN/BTC skyrocketed to 0.0072886 on August 12. In one day, the pair climbed by almost 265%! At this […]

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Trade Recommendation: Litecoin

Trade Recommendation: Litecoin

This is a short term trade setup. There is good support with the 6 Day Rolling Pivot Range and Weekly Pivot Range low. The price is winding up with tighter ranges on each 60 minute candle and forming a clear channel. The action to take is to buy with a confirmation above the recent channel […]

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Trade Recommendation: Stellar

Trade Recommendation: Stellar

Our April 16, 2018 trade recommendation for the Stellar/Bitcoin pair (XLM/BTC) hit its mark on April 29 when it went as high as 0.00004899. Those who followed the trade recommendation grew their investments by over 30% in less than two weeks. We knew that resistance of 0.000048 would hold as it is the 78.6% Fibonacci level. XLM/BTC […]

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Trade Recommendation: NEO

Trade Recommendation: NEO

Our April 9, 2018 trade recommendation for NEO achieved its target on April 24 when it went as high as 84.72. Those who followed the trade recommendation grew their investments by over 60% in two weeks. While the pair overshot our target and climbed to 94.65 on April 30, the break above the 80 resistance […]

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