Browsing Tag

recommendation

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…
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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…
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Trade Recommendation: DASH

The Dash/US Dollar (DASH/USD) pair has been hit hard this year, losing 78.87% of its value when it dropped to $217 on June 29, 2018. While the tremendous loss would repel some investors, it is at this point where the market offers the…
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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)…
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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…
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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…
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