High Probability Forecasts

[pro4Xtrader 10]

Decent VS Bitcoin – Ascending Channel Pattern

 

Decent found the bottom at 3200 satoshi where it formed a double bottom. Price then rallied upwards testing 24k satoshi, resulting in a 640% growth in just under two weeks.

 

The following corrective wave down brought price down to 11k satoshi where it found the support. There DCT/BTC rejected the ascending channel and the 200 Moving Average. It appears that from this point onwards price could continue moving higher. The first resistance is sen at 61.8% Fibonacci retracement level applied through the previous high, the second resistance is 261.8% Fibonacci retracement applied to the last corrective wave down. This makes the area between 37k and 39k satoshi makes it a key resistance area as it also corresponds to the upper trendline of the ascending channel.

 

Source: Decent VS Bitcoin ? Ascending Channel Pattern | CryptoPost

 

[pro4Xtrader 10]

Golem VS Bitcoin Buying Opportunity

 

Golem found the support at 1550 satoshi, after suffering a major decline from 27700 satoshi, resulting in a 94% loss to the Bitcoin. GNT/BTC then started to rise almost immediately breaking above the 200 Moving Average.

 

Uptrend continued up until 8900 satoshi where price broke above the descending channel. The corrective wave down followed and currently Golem is trading just below the 200 Moving average but still the uptrend trendline is being rejected. If Golem will not close below 4800 satoshi and the uptrend trendline will hold, the next potential wave up could result in a 150% growth, where price could be reached 11.5k satoshi, at the 38.2% Fibonacci retracement level.

 

On the other side, if the price will close below the 4800 sats it is possible that Golem once again will test one of the support levels, either 3100 or 3900 sats, before going higher. At this point, price looks very attractive for a medium-term buying opportunity with a relatively low risk.

 

Source: Golem VS Bitcoin Buying Opportunity | CryptoPost

 

[pro4Xtrader 10]

Lunyr VS Bitcoin Holds Over 100% Growth Potential

 

Lunyr major correctional wave down was topped at 29.7k satoshi and price immediately started to gain upside momentum. The growth was exponential resulting in a 1480% gain through the less than two week period.

 

Price reached the btc 0.0047 and corrected back to the 23.6% Fibonacci retracement level that was rejected cleanly, not to mention that the uptrend trendline was rejected as well. Fibonacci applied to the last major corrective wave down as well as the most recent corrective wave down to btc 0.0019 shows the major resistance. It is where two retracement levels are inline at btc 0.009. Therefore, the potential gain from the current price could be over 100% in the short to medium term.

 

Source: Lunyr VS Bitcoin Holds Over 100% Growth Potential | CryptoPost

 

[pro4Xtrader 10]

Stratis VS Bitcoin Showing Clear Uptrend

 

Stratis is one of the most consistent coins during the past 3 months. It has grown 375% while moving from 34k up to 160k satoshi. Speaking of consistency, STRAT/BTC lost only 35% on the recent correctional move down, which is very low comparing to most coins out there.

 

Stratis continues to reject the 2/1 Gann Fan trendline and rejected the 261.8% Fibonacci support. At the same time is produces higher highs and higher lows, and all the facts are in favor of a strong valid uptrend.

 

The first strong resistance is seen at btc 0.0019, that is very close to btc 0.002 psychological round number. This could be the target of the potential upcoming wave up. Break above this resistance will confirm further growth, while rejection could result in yet another correction down. There are a number of support levels, btc 0.0010, 0.0008, 0.0006. But only break and close below btc 0.006 could invalidate bullish outlook.

 

Source: Stratis VS Bitcoin Showing Clear Uptrend | CryptoPost

 

[pro4Xtrader 10]

Verium VS Bitcoin Ready For a Jump?

 

Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.

 

Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that the uptrend is likely to continue. First strong resistance is at 76.4% Fibs, that hasn’t been yet tested. While the consolidation period might take some time, the uptrend remains valid and Verium is expected to produce a double top and if resistance is broke could go much higher. Only break and close below 23.6% Fibonacci support at 51k satoshi could invalidate bullish outlook.

 

Source: Verium VS Bitcoin Ready For a Jump? | CryptoPost

 

[pro4Xtrader 10]

EOS Rejected Key Support, What Next?

 

EOS coin has been one of the most consistent coins during the past three months. It went up from $0.5 up to $18.5, gaining over 3700%! At the same time the bullish trend remains valid as the key support at $11.7 has been rejected and prior to that the 4/1 Gann Fan trendline was also rejected.

 

EOS/USD continues trading above the 200 Moving Average and while its the case, the uptrend should remain valid. But at the moment the scenario where key support is broken should also be considered. If price breaks below the 38.2% Fibonacci retracement it is likely that EOS will correct further down towards the 61.8% Fibs at $7.4.

 

On the other hand, the key support has been rejected and there could be an attempt to go lower, but if it remains respected by the market, EOS should continue moving higher, at least to produce the double top at $18.67.

 

Source: EOS Rejected Key Support, What Next? | CryptoPost

 

[pro4Xtrader 10]

Ardor VS Bitcoin- Time To Buy?

 

Ardor reached the high at 15.2k satoshi after a strong rally resulting in a 490% growth against the Bitcoin. But then a strong corrective move followed where Ardor lost 50%. The correction was stopped at the 61.8% Fibonacci retracement level.

 

In addition, this support is confirmed by 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. And finally the 4/1 Gann Fan trendline has also been rejected, together with the 200 Moving Average.

 

Clearly, there is a massive support at 7.3k satoshi and it is being rejected, suggesting that ARDR/BTC could be ready to continue the uptrend.

 

However, the risk of further decline is always there, and in case support is broken Ardor could drop to 4.4k satoshi support, but at this point, it seems an unlikely scenario.

 

Source: Ardor VS Bitcoin- Time To Buy? | CryptoPost

 

[pro4Xtrader 10]

Internet Of People 200% Growth Potential

 

Internet of people reached an all-time high on 2nd of January, hitting $12.86. The price then strongly corrected down to $4.3, losing 65% to USD. Price found the support at the 76.4% Fibonacci retracement level that was rejected cleanly.

 

IOP/USD then consolidated and returned back to the 8/1 Gann Fan trendline, which today was tested and it seems being rejected. If the support area around $4 holds, IOP is likely to continue moving higher towards $14 target confirmed by two Fibonacci retracement levels applied to the corrective wave down after resistance breakout on 29th of November and the recent corrective wave down after 2/1 Gann Fan trendline breakout.

 

Therefore, the potential gain could be as high as 200% and this is only the nearest target. On a downside, only break and close below $3 could invalidate bullish outlook.

 

Source: Internet Of People 200% Growth Potential | CryptoPost

 

[pro4Xtrader 10]

BitcoinCash VS Bitcoin Is Now Ready

 

Not so long ago BitcoinCash was considered the best alternative to Bitcoin and huge grow was expected by most cryptocurrency market participants. Yes, BitcoinCash went up strongly as expected and gained 330% against the Bitcoin in December 2017. While the uptrend continuation was widely expected BCC/BTC started to move lower and corrected from the previous high at btc 0.292 down to btc 0.136 where it found strong support.

 

At btc 0.136 BitcoinCash rejected the 200 Moving Average and the 8/1 Gann Fan trendline. The following wave up resulted in the descending channel breakout confirming BCC bullish intentions. Although price once again corrected back and again it rejected the 200 Moving Average and failed to break below btc 0.136 support.

 

The next potential move by BitcoinCash could be yet another wave up, where the uptrend will continue. There are two upside targets that should be watched. First is btc 0.335 and second is btc 0.390, both of which are confirmed by two Fibonacci retracement levels.

 

Source: BitcoinCash VS Bitcoin Is Now Ready | CryptoPost

 

[pro4Xtrader 10]

Metaverse – Sky Is Not The Limit

 

Metaverse is one of the newer coins that holds great potential. Currently, it can be traded on Bitfinex, RightBTC, HitBtc and few other exchanges but potentially could be adopted by most major exchanges in the nearest future.

 

The price remains very cheap in relation to the “starting price”, which is $2.5 for 1 Metaverse coin. ETP/USD has been ranging between $2 and $6 for the past 4 months, but as of lately it showing the potential for the rise.

 

Metaverse broke above the descending channel, going up to $6.2. On a corrective wave down price went down and was stopped at 61.8% Fibonacci retracement level and the 4/1 Gann Fan trendline, both of which have been rejected. Then price broke above the downtrend trendline and yet again corrected back to 61.8% Fibs at $2.4.

 

It seems like a very interesting timing for Metaverse as it could be the starting point for a long-term uptrend. The very first upside target is seen at $12-13 area. If it manages to break above, much bigger growth potential should present itself. On a downside, break and close $1 support could invalidate bullish outlook.

 

Source: Metaverse ? Sky Is Not The Limit | CryptoPost

 

[pro4Xtrader 10]

Bitcoin Could Have Reached The Bottom

 

It seems that Bitcoin has finally found the bottom after losing 62% from the all-time high. Fibonacci applied to the breakout of the ascending channel shows that price has reached the final downside target at 0% Fibs at $7555 and rejected it cleanly.

 

In addition, Fibonacci applied to the corrective wave up after breaking the uptrend trendline shows that the very same price level is at 561.8% retracement. Today Bitcoin rejected the lower trendline of the descending channel, not to mention that on a Daily chart price is rejecting the 200 Moving Average.

 

And finally, price rejected the 2/1 Gann Fann trendline has acted as a support. Therefore, all the facts so far are in favor of the potential uptrend continuation and pointing out to the end of the correction.

 

Source: Bitcoin Could Have Reached The Bottom | CryptoPost

 

[pro4Xtrader 10]

Ardor Probability Of Reversal

 

Ardor went all the way down to the 5k satoshi level from the 15k satoshi high, losing almost 70% to the Bitcoin in just one month. The support at 7.3k satoshi was broken together with the Gann Fan trendline and price went lower, to test the next support at 5k satoshi.

 

This is a very strong support are, ie 4.5-5k satosi, that is a 227.2% Fibonacci retracement level of the corrective wave up after breaking the uptrend trendline. It also confirmed by the 8/1 Gann Fan trendline. And finally, the 200 Moving Average on a Daily chart, that hasn’t proved to be broken as Day has to close below 5k sats.

 

Considering that RSI oscillator showing the oversold market condition it is likely that Ardor is at the bottom of the correction and could start rising from this point. At the same time 5k satoshi support must be watched for a break and close below, it this case Ardor could go lower.

 

Source: Ardor Probability Of Reversal | CryptoPost

 

[pro4Xtrader 10]

BitShares – The End Of Correction?

 

BitShares fell down to 3k satoshi support after reaching the high at 6.6k satoshi in January, while the decline resulted in over a 60% loss to Bitcoin. The strong support was found at 61.8% Fibonacci retracement level, that price failed to break and close below, although spikes lower have been the case.

 

From 3k support, the price went back up to 4.7k resistance and once again moved down to the 3k support. Currently, BTS/BTC could be forming a double bottom around the support area, which is now also confirmed by the 4/1 Gann Fan trendline as well as the 200 Moving Average which is being rejected yet again.

 

There is also a possibility that consolidation will take place and price will range between 2.3 and 3k satoshi, nevertheless with the given facts, it looks like the correction is coming to an end.

 

Source: BitShares ? The End Of Correction? | CryptoPost

 

[pro4Xtrader 10]

Factom – Support Levels To Watch

 

Factom seems to start reversing to the upside against the Bitcoin as price clearly broke above the previous high at btc 0.0033 resistance. FCT/BTC went up to btc 0.0057, but then corrected back to btc 0.0024 which is actually the crossing price of the two 8/1 Gann Fan trendlines.

 

Prior to that Factom tested the 200 Moving Average, which has been rejected on the 16th of December. Then price produced the spike lower, but it failed to close below btc 0.0031 support.

 

While the price could be reversing in the very near future watch out for the Fibonacci support breakouts. But only break and close below 88.6% retracement level, that is btc 0.0015, could reverse the trend to the downside.

 

Factom ? Support Levels To Watch | CryptoPost

 

[pro4Xtrader 10]

Gnosis Trend Is Still UP

 

Gnosis found the bottom at btc 0.0056 and started to move up, breaking the key resistance area around btc 0.017 followed by the 200 Moving Average breakout. Price managed to go as high as btc 0.029, breaking above the 161.8% Fibonacci retracement level applied to the corrective wave after the MA and the resistance breakout.

 

This suggests that the uptrend is incomplete and there are more gains to come while reaching at least a double top at btc 0.29 or a longer term rise.

 

Back to the current situation, GNO/BTC has corrected back to btc 0.015 support level, and this is where 4/1 Gann Fan trendline is being rejected. If daily close will remain above that support, Gnosis is likely to continue going higher. But, break and close below the support could result in another wave down towards btc 0.011 support before the continuation of the uptrend.

 

In any case, the price is looking attractive and this could be the starting point for the uptrend continuation. Only daily break and close below the btc 0.0056 could invalidate bullish outlook.

 

Source: Gnosis Trend Is Still UP | CryptoPost

 

[pro4Xtrader 10]

Golem Remains At The Support

 

Following the previous idea on Golem, it has reached support at 4k satoshi, and currently still presents the buying opportunity for the medium to long-term.

 

The 4k support level has previously been rejected multiple times while first acting as a resistance and then the support. Yet again price rejected the 4k level on the 2nd of February and continues to trade around it for the last three days.

 

The 8/1 Gann Fan trendline is very close and should act as additional confirmation of the support. GNT/BTC could remain near the support level for another week and produce spikes lower than the support level, nevertheless, the trend looks bearish and soon than later price is expected to rise.

 

The first major resistance is at 8k satoshi, second is at 11k and third is at 13k. On the downside, only break and close below 1.5k support could invalidate long-term bullish outlook.

 

Source: Golem Remains At The Support | CryptoPost

 

[pro4Xtrader 10]

Augur Should Continue The Uptrend

 

After Augur broke the triangle pattern it went up to $124 all-time high, resulting in a 722% growth in just 5 weeks. The strong corrective wave followed, bringing the price back to the $39 support level, that is the high of the triangle pattern.

 

Currently, the price is rejecting the uptrend trendline and the $39 support. From this point is it likely that the uptrend will continue as the price seems very attractive, especially after the strong correction. While the price could consolidate and even get back slightly lower, the uptrend should remain valid, unless the $24 level is penetrated.

 

There are two major resistance levels that could be used as upside targets. First is $150 confirmed by two Fibonacci retracement levels applied to the triangle pattern and second Fibonacci applied to the corrective wave after the triangle pattern breakout. The second target is $170, and should only be reached if $150 resistance is broken.

 

Source: Augur Should Continue The Uptrend | CryptoPost

 

[pro4Xtrader 10]

Zencash VS Bitcoin Approaching Key Resistance

 

Following the previous idea on ZenCash, the price has started to grow as expected after rejecting the btc 0.0033 support. The upside potential remains very large, however, to realize it, there is a major resistance that has to be broken first.

 

The resistance is at btc 0.00567, that is confirmed by two Fibonacci retracement levels. If ZenCash will manage to break above, the price could go as high as btc 0.01.

 

On a downside note, break and close below btc 0.0033 could send price lower, back to the next support at btc 0.0025, but it still should not invalidate bullish outlook.

 

Source: Zencash VS Bitcoin Approaching Key Resistance | CryptoPost

 

[pro4Xtrader 10]

Aragon Is Under Pressure

 

Aragon went up from $1 up to $8 area, where it found the resistance and formed a double top. Price then declined down sharply and broke below the uptrend trendline and the 200 Moving Average.

 

The downside risk remains, where ANT/USD could decline to one of the Fibonacci support levels applied to the breakout point of the uptrend trendline. First strong support is at $2.4, if reached and broke further downtrend could be expected where Aragon could test $1.15 support level.

 

At the same time, it has to be mentioned that price also formed a double bottom at $3 area and if it continues to rise, breaking above the $5.77 resistance, the continuation of the uptrend would become a more likely scenario.

 

Source: Aragon Is Under Pressure | CryptoPost

 

[pro4Xtrader 10]

Basic Attention Token Reversing Up?

 

Basic Attention Token has established an all-time high at $1, followed by a strong correction down to $0.23 support. This is the level where previously was acting as a resistance and then the support, and yet again history repeats itself. The support is also confirmed by the uptrend trendline, that has been rejected cleanly.

 

In addition, Fibonacci applied to the corrective wave after the uptrend trendline breakout shows that $0.23 is also a 461.8% retracement level, confirming the presence of the support.

 

If BAT/USD will continue trading above that level, the trend could reverse to the upside and perhaps move to a new all-time high. The price seems very attractive in terms of buying opportunity and only break and close below the support could invalidate bullish outlook.

 

Source: Basic Attention Token Reversing Up? | CryptoPost

 

[pro4Xtrader 10]

Edgeless – Downside Target Reached, And Rejected

 

Edgeless has been slowly moving downwards for the past few months. It declined from 23.5k satoshi down to the 8k satoshi level, losing 66% to the Bitcoin. Fibonacci applied to the uptrend trendline breaking point shows that EDG/BTC reached and rejected the final downside target at 0% Fibonacci, that is 8k satoshi level.

 

This is a strong support for Edgeless and price could potentially reverse to the upside from this point. Consolidation is possible and even spikes below the support. The confirmation of the reversal could be the break above the descending channel which should push price towards 16k satoshi resistance. If the resistance is broken a longer-term uptrend might be on its’ way.

 

Source: Edgeless ? Downside Target Reached, And Rejected | CryptoPost

 

[pro4Xtrader 10]

IOTA VS Bitcoin Uptrend Continues

 

After reaching the btc 0.00044 high, Iota almost immediately has corrected down to btc 0.00017, losing 60% to the Bitcoin. Following consolidation between btc 0.00030 and 0.00017 is going on now for nearly two months.

 

IOT/BTC has rejected the 61.8% Fibonacci support level multiple times and with the last bounce of that support level, occurred last week, the 8/1 Gann Fan trendline has been rejected cleanly as well.

 

This could be first signals of the end of consolidation period and continuation of the long-term uptrend. The price is certainly attractive for buyers and least for the short term investment. The first resistance is at 23.6% Fibs that is btc 0.00035 level and should play the key role in further price development. Break above it should confirm the long-term uptrend, while the rejection could prolong the consolidation period.

 

Source: IOTA VS Bitcoin Uptrend Continues | CryptoPost

[pro4Xtrader 10]

Syscoin VS Bitcoin Confirming The Uptrend

 

Syscoin has been one of the strongest coins during the last few months correctional phase. While most coins have been losing to the Bitcoin, Syscon held its’ value while the price was ranging between 5k and 7k satoshi.

 

SYS/BTC continues trading above the 200 Moving Average and managed to break above the downtrend trendline. During the past few days, it has been rejecting the 38.2% Fibonacci support, where the downtrend trendline acted as the support and has been rejected as well.

 

This could be the confirmation of the continuation of the uptrend sending Syscoin much higher from the current price. Although there are few strong resistance levels to overcome. First two are 8.2k and 10.2k satoshi levels where previously resistance was established. If they are broken next target would be 127.2% Fibonacci retracement level at 12.6k satoshi. Break above the final resistance will prove the long-term strength of Syscoin, which is a very likely scenario.

 

Source: Syscoin VS Bitcoin Confirming The Uptrend | CryptoPost

 

[pro4Xtrader 10]

Top 5 Coins With Strongest Recovery Recently

 

On the 6th of February, the Bitcoin has tested the lowest price since correction from USD 20k resistance started. Price dropped to USD 5.9k and corrected upwards, while during the past few days it reached USD 8K, re-gaining 40% against the USD. Is it a quite strong recovery and perhaps the end of correction?

 

Nevertheless, some coins corrected up much stronger than the bitcoin and below is the chart presenting the winners.

 

INTERNET OF PEOPLE (50% Recovery against the Bitcoin)

FUNFAIR (43% Recovery against the Bitcoin)

DECENTRALAND (37% Recovery against the Bitcoin)

POWER LEDGER (34% Recovery against the Bitcoin)

GLOBAL CURRENCY RESERVE (32% Recovery against the Bitcoin)

 

Source: Top 5 Coins With Strongest Recovery Recently | CryptoPost

 

[pro4Xtrader 10]

Zcash Medium Term Potential 300%

 

During the December rally, Zcash hasn’t been the top choice for investors, although it showed a healthy 500% gain, reaching USD 813. On a corrective move down ZEC/USD lost almost 70% and was stopped at the 76.4% Fibonacci retracement, hitting USD 254 low.

 

Price failed to close below that support and what is, more importantly, 8/1 Gann Fan trendline was rejected with surgical precision. This is the key support and it has been rejected, suggesting the continuation of the uptrend.

 

Fibonacci retracement level applied to the last correction down as well as prior corrective wave after the downtrend trendline breakout shows that the strong resistance is at $1500 area, that is nearly 300% growth potential. At the same time, $1000 area resistance could be an obstacle as it also is a potential technical resistance and a strong psychological round number.

 

Source: Zcash Medium Term Potential 300% | CryptoPost