High Probability Forecasts

[pro4Xtrader 10]

ViaCoin VS Bitcoin Right At The Support

 

ViaCoin finally managed to break above the descending channel signaling the potential beginning of a strong growth. VIA/BTC continues to trade above the 200 Moving Average while producing higher highs and higher lows.

 

After hitting a 5 month high at 53k satoshi, it corrected down where it rejected the upper trendline of the descending channel. From this point, the uptrend should resume sending the price up to 116k satoshi. At this price strong resistance can be found, confirmed with two retracement levels, 827.2% Fibs applied to the corrective wave after the channel breakout, and 141.4% Fibs applied to the corrective wave down started back in June 2017. Only break and close below 25k satoshi support could invalidate bullish outlook.

 

Source: ViaCoin VS Bitcoin Right At The Support | CryptoPost

 

[pro4Xtrader 10]

Incent VS Bitcoin Breakout

 

Incent found the bottom at 1000 satoshi on the 12th of October and since then, the price has been ranging between 1000 and 4000 satoshi for nearly 3 months. But on the 1st of January INCNT/BTC broke above the downtrend trendline and the 200 Moving Average which was the first sign of a potential trend reversal or a corrective move up.

 

Price reached 7.7k satoshi high and corrected back. What is interesting is that corrective wave was stopped at the 200 Moving Average which is now acting as a support, that has been rejected. Incent also rejected the 4/1 Gann Fan trendline and nearly tested the downtrend trendline. It seems that it is a very strong support that has been respected by the market and from this point onwards Incent could continue going higher.

 

The first target is seen at 12.5k satoshi, that corresponds to two Fibonacci retracement levels. First is 64.8% Fibs applied through the all-time high. Secon is 227.2% Fibs applied to the last corrective wave down where 3.7k satoshi support was rejected. Only daily break and close below the 3.7k sats support could invalidate bullish outlook.

 

Source: Incent VS Bitcoin Breakout | CryptoPost

 

[pro4Xtrader 10]

Lisk Up To $50?

 

Lisk uptrend remains intact as it continues to produce higher highs and higher lows. The previous low was at $10.7 where 4/1 Gann Fan trendline was first rejected and currently this remains a key support area for Lisk.

 

On the 7th of January Lisk produced a new all-time high reaching $40 and then corrected down sharply where it tested and rejected the Gann Fan trendline and the 200 Moving Average. There are now few scenarios that can take place, first is Lisk will continue moving higher from the current price. Second is Lisk will correct back to the $18.8 and then will resume the uptrend. And third is Lisk will go lower to test $10 support, consolidate and only then will be on its’ way to a new all-time high.

 

On the downside, daily break and close below $10 could invalidate bullish outlook and extend the consolidation period, but in any case, long term trend seems to be very bullish, and it’s just a matter of time for Lisk to go up again.

 

Source: Lisk Up To $50? | CryptoPost

 

[pro4Xtrader 10]

Eidoo Just Starting

 

Eidoo is one of those very new coins that has started to show some signs of strength, in the short term. Clearly, the uptrend is emerging, and while btc 0.00024 support is holding the growth tendency is very likely to continue.

 

On the last corrective wave down Eidoo lost 40% to Bitcoin, after dropping from btc 0.00047 down to 0.0026. The correction stoped on the uptrend trendline that has been rejected sending the price up once again. Although EDO/BTC could consolidate for a little while the uptrend is likely to continue, sending price up to btc 0.0007 levels where two Fibonacci retracement levels are inline.

 

The support remains between btc 0.00028 and 0.00024 and only break and close below could invalidate bullish outlook.

 

Source: Eidoo Just Starting | CryptoPost

 

[pro4Xtrader 10]

Augur VS Bitcoin +300% Potential

 

Following the previous idea on Augur vs Bitcoin, it has reached the upside target at btc 0.006 and broke above it, going all the way up to btc 0.009 . Currently, this level is acting as a support where Augur is likely to continue the uptrend.

 

The next upside target is seen at btc 0.015, which is very close to the previous high and perhaps Augur will form a double top there. This means that REP/BTC could almost triple in value in the short period of time. The upcoming wave could be strong and fast, presumably, it has already started.

 

On a downside, the strong support is based at btc 0.0035, daily close and break below could invalidate bullish outlook.

 

Source: Augur VS Bitcoin +300% Potential | CryptoPost

 

[pro4Xtrader 10]

MonaCoin VS Bitcoin Expected To Rise 150%

 

MonaCoin uptrend is still intact since it continues to produce higher highs and higher lows. On the 6th of January price reached an all-time high, hitting btc 0.00175, while at the same time producing spike above the very strong resistance at btc 0.00155.

 

The corrective wave down followed resulting in a 75% drop. The correction was stopped at 127.2% Fibonacci support, which has been rejected together with the uptrend trendline. At this point, MONA/BTC is likely to continue moving up towards a key resistance at btc 0.00155. Break above will confirm the longer term uptrend, while if rejected, a consolidation or a correction should take place. On a downside, only a break and close below the 30k satoshi support could invalidate bullish outlook.

 

Source: MonaCoin VS Bitcoin Expected To Rise 150% | CryptoPost

 

[pro4Xtrader 10]

Iota VS Bitcoin Expected Upside Target

 

Following the previous idea on Iota VS Bitcoin, it went higher as expected breaking above the descending channel. But the question is how far more it’ll go?

 

After breaking above the channel IOT/BTC corrected down to 71k satoshi and almost immediately went up to 448k satoshi. Fibonacci applied to the corrective wave after the breakout shows that price broke the 727.2% resistance level and corrected down sharply.

 

The correctional wave stopped at 4/1 Gann Fan trendline, that is 17.5k satoshi support. The consolidation period followed and this weekend price rejected the 200 Moving Average, suggesting that Iota is ready to go higher. The next Fibonacci resistance is at 827.2% retracement level that is 476k satoshi and this is where the expected upside target is.

 

The support remains at 17.5k satoshi, and there is a possibility that it will return back to this support, perhaps spiking lower. But in any case, the price is expected to grow and high the upside target in the short to medium term.

 

Source: Iota VS Bitcoin Expected Upside Target | CryptoPost

 

[pro4Xtrader 10]

Ethereum Could Jump Up To $2000

 

Ethereum remains one of the most stable coins out there and very consistently continues to rise. Since July 2017, when consolidation has ended price went from $139 up until $1430 in just 6 months, gaining nearly 1000%.

 

While the price went as high as $1430, it broke and closed above the $1370 resistance, that is 427.2% Fibonacci retracement level, suggesting that the uptrend is far from over. Although price corrected won sharply and was stopped at the strong support area between $765 and $792. The support is confirmed by two Fibonacci retracement levels and the clear bounce of one of them can be witnessed. At the same time, ETH/USD rejected the 200 Moving Average and the 2/1 Gann Fan trendline adding extra confirmation of the uptrend validity.

 

The price could continue ranging for some time but overall it should reach the next Fibonacci retracement level at $1950 and potentially it might test the strong psychological level at $2k.

 

Source: Ethereum Could Jump Up To $2000 | CryptoPost

 

[pro4Xtrader 10]

Decred VS Bitcoin Uptrend Continuation

 

Following the previous idea on Decred VS Bitcoin, the price hit the upside target at 61.8% Fibonacci retracement, that is btc 0.0073. Not only it reached the target but broke above this resistance levels going up to btc 0.009.

 

Following corrective move down resulted in the previous resistance at btc 0.0073 being rejected twice, after which DCR/BTC produce another higher high. The continuation of the uptrend seems imminent at this point, where Decred could reach the upper trendline of the extended descending channel. The 361.8% retracement corresponds well to the channel trendline and price should aim for btc 0.012 area.

 

Source: Decred VS Bitcoin Uptrend Continuation | CryptoPost

 

[pro4Xtrader 10]

BlackCoin Has Proved It Worthy

 

Following the previous idea on BlackCoin, it has proved it worthy, while it broke above the strong resistance area between $0.35-0.4 and went above our upside target that was at $0.95.

 

Currently, BLK/USD corrected back to the previous resistance area: $0.35-0.4 which has been rejected together with the 4/1 Gann Fan trendline. The uptrend is likely to continue, although it is questionable whether BlackCoin will manage to produce a new all-time high or will form a double top at $1.25 near the previous high, as this is where the first strong resistance is. Break above the $1.3 should confirm a long-term uptrend, while the break below the $0.36-0.44 support area could invalidate bullish outlook.

 

Source: BlackCoin Has Proved It Worthy | CryptoPost

 

[pro4Xtrader 10]

Bancor Has 150% Short Term Potential

 

Bancor producing higher highs and higher lows thus, confirming the validity of the uptrend. All markets move in waves and Bancor is no exception. After reaching $10.8 all-time high price corrected won to $5 support level, where it was stopped by the 61.8% Fibonacci retracement levels.

 

At the same price, the uptrend trendline and the 200 Moving Average were rejected and price spiked up to $9.5. Now BNT/USD might continue range for a little while, but the uptrend is there and it is valid. It is a matter of time when Bancor will go higher and as the upside targets, the $15 resistance area could play a key role in the medium term. Only a break and close below the $2.8 support could invalidate bullish outlook.

 

Source: Bancor Has 150% Short Term Potential | CryptoPost

 

[pro4Xtrader 10]

Ubiq Is Likely To Rise And Form Double Top

 

Ubiq still looks strong in the short term analysis as it continues to produce higher highs and higher lows, while failing to go lower the previous low at $2. After reaching a new all-time high at $7.4, UBQ/USD fell down substantially, losing over 60% to USD.

 

Although this seems to be only a corrective move down rather than a trend reversal as the drop was stopped at the previous high, that is $2.85, where 4/1 Gann Fan trendline was rejected.

 

Of course, the market had to take a break after the rally throughout most cryptocurrencies, but now consolidation period seems to be coming to an end and the uptrend should continue shortly, including the Ubiq. The nearest upside target is seen at 327.2% Fibonacci retracement, that is $7.8, and it yet to be seen the reaction of the market at that price. Rejection could trigger a long-term consolidation and drop back quite a lot, while a break above should confirm the uptrend continuation.

 

Source: Ubiq Is Likely To Rise And Form Double Top | CryptoPost

 

[pro4Xtrader 10]

NEM Coin Waves

 

Nem coin still trading upwards, where each wave is getting larger. XEM/USD reached an all-time high when it hit $2 resistance. It corrected back, down to the support at $0.67, which previous also acted as a resistance.,

 

Price rejected the support and the 4/1 Gann Fan trendline and perhaps now is the time for yet another wave up, that should be bigger than the previous two. The Fibonacci applied to the previous two corrective waves down show that the strong resistance is based at $3.6, which should be considered as the next upside target.

 

Source: NEM Coin Waves | CryptoPost

 

[pro4Xtrader 10]

Nexium VS Bitcoin Uptrend Confirmation

 

Following the previous idea on Nexium VS Bitcoin, the trend reversed to the upside as projected, after rejecting the support at 1140 satoshi. The wave up resulted in the break above the 200 Moving Average and price reached the 5400 satoshi.

 

Although the consolidation followed and NXC/BTC corrected down to the 200 Moving Average which has acted as a support and has been rejected. Now the uptrend is likely to continue with the first target being at 8740 satoshi, that is 61.8% Fibonacci retracement levels. Break above that resistance will establish a long-term uptrend as suggested in the previous idea.

 

Source: Nexium VS Bitcoin Uptrend Confirmation | CryptoPost

 

[pro4Xtrader 10]

Lisk VS Bitcoin Waiting For Range Breakout

 

Following the previous idea on Lisk VS Bitcoin, it has reached the upside target at btc 0.0022 and broke above it, signaling on a potential uptrend continuation. However, price failed to close above the resistance although managed to produce multiple spikes above it.

 

At the same time, the support at btc 0.0013 has been rejected, together with the upper trendline of the descending channel and 200 Moving Average. All-in-all it can be said that LSK/BTC remains in the consolidation mode with the high probability of breaking above the resistance and continuing the uptrend. As soon as it goes above btc 0.0022, further growth should be expected where the next target is seen at btc 0.0055, confirmed by two Fibonacci retracement levels.

 

Source: Lisk VS Bitcoin Waiting For Range Breakout | CryptoPost

 

[pro4Xtrader 10]

I/O Coin Could Fly 100% Up

 

IO Coin continues to trade upwards producing higher highs and higher lows. Since July 2017 it managed to grow from $0.62 up to the recent high at $7.4, resulting in over 100% growth. While it has been rising, corrective waves took place and the last two corrections were stopped right at the Gann Fan trendlines, both of which were rejected. In the most recent case, Gann Fan trendline was rejected together with the 200 Moving Average.

 

IOS/USD currently trading just above the support zone, that is between 227.2% and 261.8% Fibonacci retracement levels, which is $4.2-4.5 area. Yesterday this area was rejected which could signal on the continuation of the uptrend. The first strong resistance and potential upside target is seen at $10.5, which is confirmed by two Fibonacci retracement levels. Break above the target should push IO Coin much further, although the reaction of the market at this price is yet to be seen.

 

Overal the trend is bullish and it is likely will continue that way. Only break and close below the $1.7 support could invalidate bullish outlook.

 

Source: I/O Coin Could Fly 100% Up | CryptoPost

 

[pro4Xtrader 10]

Lunyr Rise To Continue – Almost 400% Potential

 

Lunyr continues to look very attractive especially after the strong correction down, from $69 to $19. During correction, LUN/USD lost 72% to USD, although prior wave up resulted in a gain of 1400%!

 

During the downside correction price almost reached the 200 Moving Average, but was stopped right at the 76.4% Fibonacci retracement level which has been rejected cleanly. It appears that Lunyr is ready to continue printing higher highs and higher lows with the next upside target being at $81. The resistance is confirmed by two Fibs applied to the last two corrective waves and it could be the key price for Lunyr. Break above it should push price further, up to $126 or perhaps even $170 target. At this point only a break and close below the 200 Moving Average could invalidate bullish outlook.

 

Source: Lunyr Rise To Continue ? Almost 400% Potential | CryptoPost

 

[pro4Xtrader 10]

Wings DAO vs Bitcoin – Support Rejected

 

Wings hit the low and found the support at 3k satoshi. The uptrend followed breaking above the 200 Moving Average as well as the descending channel reaching the 16k satoshi high. Throughout the rise, price rejected the 200 Moving Average and now on the corrective move down, it has been rejected once again two times, suggesting the continuation of the uptrend.

 

The probability of WINGS/BTC going up remains very high, where the potential upside wave up could reach 361.8% Fibonacci retracement at 22k satoshi, that corresponds with the extended trendline of the descending channel. On a downside, break below the 6670 satoshi support could invalidate bullish outlook.

 

Source: Wings DAO vs Bitcoin ? Support Rejected | CryptoPost

 

[pro4Xtrader 10]

Byteball Rolling Up

 

Bytebal slowly but steadily rising and after each correction producing a new high. After reaching the recent high at $1188 price declined back to the 8/1 Gann Fan trendline, which was successfully rejected.

 

At this point, the uptrend is likely to continue and GBYTE/USD could test $1500-1600 area, where are two Fibonacci retracement levels applied to the last two corrective waves down. It should be kept in mind that the key support remains at $355 and only break and close above it could invalidate bullish outlook. At the same time, break above the upside target would confirm a further uptrend, while rejection should result in a short to medium term change in trend.

 

Source: Byteball Rolling Up | CryptoPost

 

[pro4Xtrader 10]

Vertcoin VS Bitcoin +125% Is Expected

 

Vercoin has been going through an extended consolidation period, with a slite decline tendency. After reaching 96k satoshi high, the price was moving slowly towards 32k satoshi where it was stopped after rejecting the 8/1 Gann Fan trendline.

 

VTC/BTC formed a bullish divergence on the MACD, rejected the support trendline and broke above the descending channel. All these facts suggest that the uptrend could continue at any time with the first upside target being at the previous high – 96k satoshi. Although to stay on the safe side, perhaps it is better to wait for the break above the 46k satoshi resistance and the downtrend trendline. Only break and close below the 22k satoshi support could invalidate bullish outlook.

 

Source: Vertcoin VS Bitcoin +125% Is Expected | CryptoPost

 

[pro4Xtrader 10]

Zencash VS Bitcoin Calling For Action

 

Zencash formed the support at btc 0.0010 where it formed a double bottom back in October 2017. Almost immediate spike up followed reaching the high at btc 0.0052. However, after that ZEN/BTC consolidation continued and only recently it broke above the downtrend trendline and the 200 Moving Average.

 

Zencash bounced several times off the 200 MA and the once of the downtrend trendline that are obviously now acting as s strong support. All these facts are just calling for action as Zencash is looking very attractive in terms of a buying opportunity. The price could grow by 220% as strong resistance is seen at btc 0.01, confirmed by two Fibonacci retracement levels.

 

Source: Zencash VS Bitcoin Calling For Action | CryptoPost

 

[pro4Xtrader 10]

EOS – The Most Consistent Gainer

 

EOS truly is one of, if not the most consistent gainers amongst cryptocurrencies during the past 3 months. It managed to outperform the Bitcoin by a 1400% during that period and it does not seem to be over yet.

 

 

Price continues to climb up rejecting the Gann Fan trendline. Currently, the nearest target seems to be at btc 0.0015 which could be achieved in the shorters period of time. This is the resistance level confirmed by two Fibonacci retracement levels 141.4% and 927.2%. This is the key resistance for EOS/BTC and should be watched for either a rejection or a correction, which could provide clues about further EOS development in the short term.

 

Source: EOS ? The Most Consistent Gainer | CryptoPost

 

[pro4Xtrader 10]

Top 5 Coins With Best Performance During Consolidation

 

It was a great rally across many cryptocurrencies during the past months. There was a huge growth of some coins, gaining x10, x20, x30 or more, where most cryptocurrency traders were profiting disregarding the coin of their choice.

 

However, there are always times of consolidation or a correction. And this time is now. The cryptomarket is not stagnating, which means that the coin either consolidating or correcting downwards.

 

But it does not happen to all coins because some will be always better than others and below you can see the top 5 coins that had produced the biggest gains during January consolidation period.

 

Source: Top 5 Coins With Best Performance During Consolidation | CryptoPost

 

[pro4Xtrader 10]

Top 3 Most Consistent Coins

 

During the past couple of month, the crypto market has been going through two major phases.

 

The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.

The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating.

But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies.

 

And the winners are:

 

0X – EOS – NEO

 

Source: Top 3 Most Consistent Coins | CryptoPost

 

[pro4Xtrader 10]

8 Coins Which Rejected MA At The Same Time

 

During current consolidation period, a lot of cryptocurrencies bottomed on the 17th of January. But there is certain similarity amongst 8 particular coins that have some interesting statistics.

 

The 200 Moving Average is considered a trend revealing indicator which does often shows the long-term support. The similarity of the 8 coins is that they all rejected the 200 MA at the same time. But not all of them performed well during the next 10 days, and here is the comparison up to this date

 

Steem: 82%

Stellar: +79%

Lunyr: +33%

Basic Attention Token: +32%

Pivx: +21%

Lisk: +20%

SysCoin: +10%

OmiseGo: +13%

 

This is just to show top performance in regards to above-mentioned statistics, where the clear winners are Steem and Stellar. Will that tendency continue? Only time will tell.

 

Source: 8 Coins Which Rejected MA At The Same Time | CryptoPost