pro4Xtrader

VeriCoin Trend Remains Bullish Following the previous idea on VeriCoin, it broke above our target signaling that it could go much higher. After breaking a strong resistance at $0.77, VRC/USD corrected down to $0.55 where it rejected the uptrend trendline as well as 200 Moving Average. The trend remains very bullish and VeriCoin should go higher towards either $1.8 or $2.2 resistance levels. These levels are confirmed by the Fibs applied to the corrective wave from the previous all-time high. Only a break and close below the 200 Moving Average could invalidate bullish outlook, but for now it is clearly trending upwards. Source: VeriCoin Trend Remains Bullish | CryptoPost

Floricoin – The Next Wave Floricoin has been consolidating from June up until December when it broke above the strong resistance that was formed at $0.11. Prior to breaking above, FLO/USD rejected the uptrend trendline and the 200 Moving Average and then immediately jumped from $0.085 up to $0.33, gaining almost 300% in just 10 days. The corrective wave down followed, where Floricoin rejected the $0.11 support and perhaps now its time for the next strong wave up. The first resistance is seen at $0.38 area where 327.2% Fibonacci retracement is located. Break above that resistance should indicate that the uptrend is not over, while a rejection of the resistance could trigger a correction down. Only a break and close below the 200 Moving Average could invalidate bullish outlook. Source: CryptoPost

Ark VS Bitcoin Rising Ark found the support at 18k satoshi and started to moving higher while breaking above the 200 Moving Average as well as the descending channel. After the breakout price corrected back and first rejected the Moving Average and then the upper trendline of the descending channel, both of which this time acted as a support. With such price action, the uptrend scenario becomes more and more likely where ARK/BTC could rise up to 100k satoshi psychological resistance levels. This level is also confirmed by technical analysis, where two Fibonacci retracement levels are inline with each other. the 76.4% and 327.2% levels. Only a break and close below the Moving Average could invalidate bullish outlook. Source: Ark VS Bitcoin Rising | CryptoPost

Syscoin Getting Close To Psychological Resistance Following the previous idea on Syscoin, it broke above the upside target and continued to move higher. The question remains how fart it could potentially go? Clearly, there is a massive support at $0.33 level where previously was a resistance. This is also the price where the uptrend trendline was rejected, and price got extremely close to the 200 Moving Average, but without touching it went up again. Closest support is now at $0.68 and from there SYS/USD should continue rising. The first very strong resistance is at $0.9 and it could potentially go to $1 psychological level. If it manages to break above the $1 then another 50% rise could be on its’ way, where Syscoin target is seen at $1.47. Only a break and close below the $0.33 support could invalidate bullish outlook. Source: Syscoin Getting Close To Psychological Resistance | CryptoPost

GlobalCurrencyReserve Rejecting Support and Breaking Higher GCR has finally managed to break above the triangle pattern after rejecting the $0.165 support and the 200 Moving Average. A break above the $0.25 resistance supporting the idea that the price could go much higher. Based on the triangle pattern target, the move up after triangle breakout should be the same as the prior correction from $0.55 down to $0.16, which is $0.37. Therefore the upside target is seen at $0.63. Only a break and close below the $0.145, where the Moving Average was rejected, could invalidate bullish outlook. Source: GlobalCurrencyReserve Rejecting Support and Breaking Higher | CryptoPost

BitcoinCash Should Go Lower Following the previous idea on BitcoinCash, it has gone up as expected. After breaking the triangle pattern, the price went sharply up, from the $1700 support all the way up to $4200, resulting in 146% gain over the USD. Now BCH/USD is facing a resistance at 127.2% Fibonacci retracement level applied through the previous all-time high corrective wave. This is the $3750 level which has been rejected throughout the past couple of days. Price spikes went above that level, up to $4236, nevertheless, it failed to close above the 127.2% Fibs. Now the key price level remains $4236 and only break above could push BitcoinCash higher. But at this point, a corrective wave down to 61.8% Fibonacci retracement, at $2680, should be expected. BitcoinCash Should Go Lower | CryptoPost

Clams VS Bitcoin Waiting Time Clams have been in a heavy downtrend during past month, but it has finally found the lowest point. CLAM/BTC stopped at 38k satoshi support where it formed a double bottom. The following wave up resulted in a break above the 200 Moving Average, suggesting that Clams could continue going higher. Nevertheless, it has rejected the 76.2% Fibonacci retracement level and a break above is required in order for Clams to start showing further strength against the Bitcoin. If/when it manages to break above the next upside resistance is seen at 141.4% Fibonacci retracement level, that is very close to 100k satoshi, a psychological round number. This resistance could play a key role in the further CLAM/BTC trend development, and the reaction of the market at that price is yet to be seen. Source: Clams VS Bitcoin Waiting Time | CryptoPost

StealthCoin Taking a Break Following the previous idea on StealthCoin, it has reached the upside target at $1 – 527.2% Fibonacci retracement level and went even higher. XST/USD produced an all-time high yesterday testing $1.4. At this price was the 727.2% Fibs retracement level it was clearly rejected. Currently, it seems that StealthCoin upwards momentum will take a break and the range trading or even a corrective wave down could take place. In order for the price to continue moving higher $1.4 resistance must be broken. Unless that happens, StealthCoin could be a risky cryptocurrency to hold. StealthCoin Taking a Break | CryptoPost

Nexium / Bitcoin – The Big Turnaround? Nexium found the support at 1140 satoshi that was confirmed by a 427.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. There was a very clean support rejection and besides this the previous bottom price of the Nexium back in the end of 2016. This is indeed a key price for NXC/BTC and while the support is being rejected, it could result in a huge turnaround in favor of the Nexium. The price could potentially just 5-10 times, but of course, it yet to be seen and it could also be just a corrective wave up. Nevertheless, the growth potential is huge, at least compared to the risk. Only a daily close below the 10k satoshi psychological support could invalidate bullish outlook. Nexium / Bitcoin ? The Big Turnaround? | CryptoPost

MelonPort Breaking Out Of The Triangle Melon has managed to finally break above the triangle pattern and $120 resistance. Prior to that, it has bounced off the uptrend trendline and the 200 Moving Average. The trend now became very bullish with more upside potential. First strong resistance and the potential target is seen at 227.2% Fibonacci retracement level applied to the corrective wave from the last all-time high produced in June. The price target is $228, while currently, Melon is trading at $130. This makes a potential short-term growth of 70%. Break above the target will add more volume and volatility, as well as a much higher upside target. Nevertheless, break below the Moving Average could result in a trend reversal. Source: MelonPort Breaking Out Of The Triangle | CryptoPost

AdEx Another 100% UP? AdEx finally managed to break above the resistance at $1.5, that has been established back in October. There were few attempts to break above that level, but only on the 17th of December price closed above. Prior to that ADX/USD bounced off the uptrend trendline and the 50 Moving Average on the Daily chart. In addition, it started to produce higher highs and higher lows, suggesting that the uptrend is about to start. The nearest upside target is seen at 127.2% Fibonacci applied through the all-time high, and that is at $3.25. This is a 100% growth potential for AdEx in a relatively short period of time. Break above that resistance will confirm a longer-term uptrend, while rejection should result in a corrective wave down. Only a close below the 50 Moving Average could invalidate bullish outlook. Source: AdEx Another 100% UP? | CryptoPost

TRIG Token Is About To Go Higher? Trig Token found the support at $0.45 which has been rejected multiple times, after which it broke above the high established on the 25th of October, going as high as $1.6. However, the corrective wave down followed which brought TRIG/USD down to $0.63. Since then Trig Token has been producing higher highs and higher lows while rejecting the uptrend trendline. It seems that Trig Token is about to go higher where multiple resistance levels should be watched. Fibonacci applied to the corrective wave after the descending channel breakout shows the upside target map, starting with 427.2% retracement level at $1.8, and ending at 827.2% retracement level at $3, which could be the final upside target for the potential upcoming wave up. On the downside, only break below the $0.45 would invalidate bullish outlook. Source: TRIG Token Is About To Go Higher? | CryptoPost

Ethereum Classic Up To $80? Following the previous idea on Ethereum Classic, after testing the 161.8% resistance it corrected down towards the uptrend trendline. The downtrend trendline has been rejected, then 127.2% Fibs and then 161.8% Fibs, all were rejected and ETC/USD produced a new all-time high. Higher highs and higher lows pattern remain and price action suggests the continuation of the uptrend. However, both support levels must be watched for a potential breakout which could add another corrective wave down. And only break below the 200 Moving Average could invalidate bullish outlook. The upside target is seen around $70. The first target is 427.2% Fibs at $72 and second is 461.8% Fibs at $77. At this point, the uptrend momentum could accelerate and the upside target should be reached in the shortest timeframe. Source: Ethereum Classic Up To $80? | CryptoPost

BlackCoin VS Bitcoin Upcoming Wave BlackCoin rejected the 227.2% Fibonacci support applied to the corrective wave after the 200 Moving Average was broken. After bouncing off the 1.9k satoshi support, today it went above the minor resistance at 2.5k satoshi and very likely to continue the correctional move up. First resistance is at 61.8% Fibs retracement level, that is 5.7k satoshi. Break above that resistance should result in more growth towards the previously formed resistance around 8k satoshi area. Break above that resistance could establish a longer-term uptrend, but it yet to be seen how BLK/BTC will react to these obstacles. A daily close below 19k satoshi could invalidate bullish outlook and send BlackCoin slightly lower. Source: BlackCoin VS Bitcoin Upcoming Wave | CryptoPost

StealthCoin VS Bitcoin Uptrend Continuation StealthCoin found the support at 2k satoshi. This is a strong psychological round number and besides, it has acted as a support as well as resistance before. While XST/BTC price remains above that level a potential uptrend continuation could take place sending StealthCoin to new all-time highs. The nearest resistance is seen at 127.2% Fibonacci retracement applied to the corrective wave from the already established all-time high, that is 11k satoshi. Next resistance is 14k satoshi that is 161.8% Fibonacci retracement. Overall, the price of StealthCoin is very attractive especially for a medium-term and could bring investors a good chunk of profit. Source: StealthCoin VS Bitcoin Uptrend Continuation | CryptoPost

Civic / Bitcoin Bottomed Out On the 8th of December Civic bottomed out while clearly rejecting the 261.8% Fibonacci support level at 1500 satoshi. Higher highs and higher lows pattern started to emerge while CVC/BTC broke above the descending channel. Now it seems that the trend is about to reverse, or at least there will be a strong corrective wave up. The resistance is seen at 5000, 5800 and 6700 satoshi which are Fibonacci retracement levels applied to the corrective wave after the descending channel breakout. It Civic manages to break above 6700 satoshi resistance, it could mean that the trend, in fact, is reversing, while if any of the resistance levels will be rejected, a corrective wave down or a continuation of the downtrend could take place. At this point, only a break and daily close below the 1520 support could invalidate bullish outlook. Source: Civic / Bitcoin Bottomed Out | CryptoPost

Clams Uptrend Confirmation The overall trend of Clams remains bullish as it continuously rejecting the uptrend trendline and printing higher highs and higher lows. Today clams broke above the 61.8% strong resistance, that is at $9.2, confirming the bullish momentum. Now $9.2 becomes a support and uptrend could accelerate while the volatility is also growing. First upside target is seen at 127.2% Fibonacci applied to the last corrective wave down after Clams produced an all-time high at $13. Fibonacci target is located at $16 and should be watched closely for potential breakout or rejection. Break above should result in a more exponential growth, while rejection might result in a corrective wave down. On a downside note, only a break and close below the 200 Moving Average would invalidate bullish outlook. Source: Clams Uptrend Confirmation | CryptoPost

Lisk VS Bitcoin – The Uptrend Lisk had not so much interest during the past month, while it has been trending down from btc 0.0015 to btc 0.0004, loosing almost 75% against Bitcoin. But now things are looking to change as Lisk found the support at 46k satoshi and then at 52k satoshi. These price levels were rejected cleanly and are confirmed by 327.2% and 361.8% Fibonacci retracement applied to the corrective wave after the downtrend trendline breakout. After rejecting the 46k support, LSK/BTC broke above the downtrend trendline, then rejected 52k support and today broke above the 200 Moving Average. So far price action shows signs of a strong bullish momentum and most likely Bitcoin will be outperformed by Lisk in the coming weeks. There are multiple targets to watch, but the first strong resistance is based on 627.2% Fibonacci retracement applied to the corrective wave down after the downtrend trendline breakout. This is btc 0.0015 level, where LSK/BTC already established high on the 16th of November. The next strong resistance is btc 0.02 psychological round number which is at 927.2% Fibs and could go a little higher. On a downside note, only a break and close below the 46k satoshi support could invalidate bullish outlook. Source: Lisk VS Bitcoin ? The Uptrend | CryptoPost

Komodo vs Bitcoin – Great Timing? Komodo found the support at 17k satoshi, that is 261.8% Fibonacci retracement level applied to the corrective wave after the ascending channel breakout. The rejection was very clean, followed but the wave up which resulted in break above the descending channel. Current price action suggests that KMD/BTC could be correcting upwards or even reversing for a longer term. Price could rise up to 40k satoshi, where previously Komodo formed a double top. Break above that resistance could result in a continuation of the upwards momentum but it is yet to be seen. Only a daily break and close below the 17k satoshi could invalidate bullish outlook. Source: Komodo vs Bitcoin ? Great Timing? | 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.

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: Burst VS Bitcoin ? Battle Begins | 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: StealthCoin Just Doesn?t Stop | 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: Nexium Is Massively Undervalued | 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: BitcoinCash vs Bitcoin Simple View | 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: Basic Attention Token Revealing The Trend | CryptoPost