High Probability Forecasts

[pro4Xtrader 10]

ParkByte VS Bitcoin Strong Upside Potential

 

ParkByte found the support at 5k satoshi after which it started to move higher, breaking above the downtrend trendline and the 200 Moving Average, reaching 11k satoshi. On a corrective wave down, PKB/BTC rejected the 200 Moving Average which is now acting as a strong support.

 

Such price action suggests that the uptrend could be just around the corner especially after price started to produce higher lows and higher highs, reaching today 14k satoshi. The upside potential is strong, where ParkByte could outperform the Bitcoin by four times while targeting 38k satoshi. This is the price where two Fibonacci are inline, first is 38.2% level applied through the all-time high, and second is 88.6% retracement applied from 12th October high to 8th of December low. On a downside, only a break and close below the 4k satoshi support could invalidate bullish outlook.

 

Source: ParkByte VS Bitcoin Strong Upside Potential | CryptoPost

 

[pro4Xtrader 10]

Lisk View After The Rally

 

Following the previous idea on Lisk, it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28.

 

It remains to be seen if this support level will hold or not. Break and close below the $28 should push Lisk further down, perhaps to the next support level at $20 area. While if the $28 support will be respected, there are all chances that Lisk will continue the uptrend and could go up to $56, that is another 100% growth potential.

 

All-in-all, currently Lisk is not the most attractive coin as the downside pressure remains. Only a break above the $38 could confirm the continuation of the uptrend.

 

Source: Lisk View After The Rally | CryptoPost

 

[pro4Xtrader 10]

Golem Established An Uptrend

 

After multiple rejections of the $0.17 support area, Golem started to rise rapidly, breaking above the 200 Moving Average. As uptrend continued GNT/USD broke above the previous all-time high at $0.72 and then went even higher breaking the $0.87 resistance, that is 127.2% Fibonacci retracement level.

 

Although the correction down followed and Golem rejected the previous resistance at $0.87, currently acting as a support. It seems that the uptrend is only emerging and Golem could potentially triple in value against USD. The Fibonacci resistance levels should be watched for rejection, but the final upside target is $3, that is also a strong psychological level. Only a break below the 200 Moving Average could invalidate bullish outlook.

 

Source: Golem Established An Uptrend | CryptoPost

 

[pro4Xtrader 10]

MaidSafe Coin Getting The Momentum.

 

Following the previous idea on MaidSafe Coin, it has reached the final upside target at $0.9 area and broke higher. On a corrective wave down, MAID/USD went back to the $0.9, which is now acting as a support.

 

On the first attempt to go lower it failed and today MaidSafe once again attempted to go below $0.9 but failed. 127.2% Fibonacci applied to the corrective wave from the previous all-time high, that is $0.9, remains the key support level at this point. MAID/USD price is expecting to continue moving higher towards $2 area. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

 

Source: MaidSafe Coin Getting The Momentum | CryptoPost

 

[pro4Xtrader 10]

OmiseGo Could Correct Down

 

After finding the support at $5, OmiseGo went up to almost $30, resulting in a huge 445% growth in just over a month. Obviously, $30 psychological round number has acted as a strong resistance, which is also confirmed by the 261.8% Fibonacci retracement level.

 

While the $30 resistance is respected it is likely that OmiseGo will correct down towards either $20 or $17 support levels, that is 161.8% and 127.2% Fibonacci retracement levels. At the same time trend remains bullish and the resistance should be watched for a breakout where the uptrend might continue. Nevertheless, now it could prove to be risky buying OmiseGo as the resistance is holding.

 

Source: OmiseGo Could Correct Down | CryptoPost

 

[pro4Xtrader 10]

ReddCoin Is So Cheap

 

ReddCoin is one of those new coins that is still very cheap. Technical analysis can help to determine whether the value will rise or not. And looking and ReddCoin it certainly has a strong growth potential considering the current price action.

 

First of all, it has started producing higher highs and higher lows. Then, on a corrective wave down it rejected the uptrend trendline and moved higher again, rejecting the second uptrend trendline. Currently, RDD/USD is trading just above the support area that is near $0.02. Price could go higher to test one of the Fibonacci retracement levels applied to the previous corrective wave down. Strongest resistance is seen around $0.07, but break above could send it even higher. Only a break and close below the $0.008 could invalidate bullish outlook.

 

Source: ReddCoin Is So Cheap | CryptoPost

 

[pro4Xtrader 10]

Stratis Could Be Ready To Move Higher

 

Stratis has been in a heavy uptrend since the beginning of November and from $2 it has grown up to $22, gaining almost 900%. Indeed it’s a huge growth but it seems that Stratis is not done yet and there could be more gains to collect.

 

After reaching $22 all-time high price went back to $19, where it found the support confirmed by the 161.8% Fibonacci retracement level applied to the previous all-time high. From this price STRAT/USD could continue going up and the next strong resistance is seen at 261.8% retracement level, that is $26. Only a break and close below $19 support could invalidate bullish outlook.

 

Source: Stratis Could Be Ready To Move Higher | CryptoPost

 

[pro4Xtrader 10]

Shift Rally Hasn’t Stopped

 

Following the previous idea on Shift, it has reached the upside target at $9.34, that is 327.2% Fibonacci retracement applied to the previous all-time high. The $9.34 level was not only reached but clearly penetrated and price continued to rise, reaching $13.

 

Corrective wave down followed and was stopped right at the 261.8% Fibonacci support level that is $7.57. As the 427.2% resistance is broken and 261.8% support is rejected it is very likely that the rally will continue where price could reach $20. Although prior to that $14.78 and $17.45 resistance levels must be broken and should be watched closely. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

 

Source: Shift Rally Hasn?t Stopped | CryptoPost

 

[pro4Xtrader 10]

Synereo (AMP) VS Bitcoin Uptrend

 

Synereo (AMP) found the support at 17k satoshi and went up breaking above the 200 Moving Average. What is more important is that AMP/BTC has also broke above a very strong resistance at 6770 sats, that previously acted as a support as well as resistance, but today price managed to clearly close above that level, not to mention that the uptrend trendline has been rejected.

 

From this point, 6770 sats should act as a support pushing price higher. The first strong resistance is seen at 15k satoshi, where 50% Fibonacci retracement is. In addition, 261.8% Fibs, applied to the corrective wave after the MA breakout, is also at the 15k satoshi level. It seems that the uptrend continuation is just around the corner and price could double in the coming weeks. Break above 15k sats should send the price to 17600 satoshi, and if it breaks higher then it could be the actual trend reversal, rather than the correctional wave up. Only a break and close below the 200 MA could invalidate bullish outlook.

 

Source: Synereo (AMP) VS Bitcoin Uptrend | CryptoPost

 

[pro4Xtrader 10]

AdEx VS Bitcoin Acceleration

 

Following the previous idea on AdEx, it has corrected down as expected. Now it seems that the uptrend is going to continue, especially after ADX/BTC rejected the 3/4 Gann Fan trendline and 200 Moving Average at the same time.

 

AdEx could continue moving upwards towards one of the Fibonacci retracement levels. First strong resistance is at 61.8% level, that is 39k satoshi. Next is 76.4%, that is 46k satoshi. However, the price is also likely to test the psychological round number at 50k satoshi and that would be the final target for the potential upcoming wave up. only break and close below the 14k satoshi support could invalidate bullish outlook.

 

Source: AdEx VS Bitcoin Acceleration | CryptoPost

 

[pro4Xtrader 10]

CapriCoin VS Bitcoin Showing Weakness

 

CapriCoin found the support at 1500 satoshi and started to moving higher. Under heavy volume, price broke above the 200 Moving Average but immediately was stopped at the 38.2% Fibonacci retracement level.

 

Currently, 12-13k satoshi area remains a key resistance as it has been rejected three consecutive times, together with the 2/1 Gann Fan trendline. CapriCoin does not have the necessary strength to rise now and therefore should correct down towards 200 Moving Average or 61.8% Fibonacci retracement level at 5885 satoshi. Only a break and close above 13k satoshi could invalidate bearish outlook.

 

Source: CapriCoin VS Bitcoin Showing Weakness | CryptoPost

 

[pro4Xtrader 10]

Stellar Lumen Still Flying

 

Lumen continues trending upwards while producing higher highs and higher lows. On the last wave up it produced an all-time high, hitting $0.97 and breaking above the 427.2% Fibonacci resistance level applied to the last wave where 200 Moving Average was rejected.

 

Following corrective wave down resulted in the 60% decline and price went as low as $0.4, where 200 Moving Average was rejected once again. After, XLM/USD went up breaking the downtrend trendline suggesting that the uptrend is now likely to resume. The first strong resistance is seen at the $1.18 where two Fibonacci retracement levels are inline. Only a break and close below the 200 Moving Average could invalidate bullish outlook.

 

Source: Stellar Lumen Still Flying | CryptoPost

 

[pro4Xtrader 10]

Steem VS Bitcoin Could Blast Anytime

 

After finding the bottom at 8825 satoshi, Steem immediately started to rise breaking above the 200 Moving Average. After the correction and rejection of the 200 MA, STEEM/BTC continued going higher breaking above the descending channel and reaching 57k satoshi high on the 3rd of January.

 

The corrective wave down followed, where Steem went down exactly to the price where the descending channel was broken and there 23.6% Fibonacci retracement level was rejected. This price action could suggest the continuation of the uptrend sending Steem up to the very strong resistance at 90k satoshi, where it could form a double top together with the high established back in June 2017. Only break and close below the 200 MA could invalidate bullish outlook.

 

Source: Steem VS Bitcoin Could Blast Anytime | CryptoPost

 

[pro4Xtrader 10]

Monaco Coin Could Grow Over 300%

 

Following the previous idea on Monaco Coin, it broke above the range zone, that was between $5 and $10. After breaking above $10 major resistance area price reached $19 and corrected back to the $10 support that has been rejected.

 

MCO/USD continued to trading within the $10-20 range where $10 was rejected twice. At the same time Monaco Coin continues to trade above the 200 Moving Average and at this point, the uptrend is likely to continue.

 

Major resistance levels are at $56 and $63 which are inline with two Fibonacci retracement levels, this means that the gain of the potential wave up could be over 300%. Only break and close below the $5 support could invalidate bullish outlook.

 

Source: Monaco Coin Could Grow Over 300% | CryptoPost

 

[pro4Xtrader 10]

ByteBall Taking Over Bitcoin

 

ByteBall has been trending downwards since July 2017 and was stopped at BTC 0.012 after it lost almost 100% to Bitcoin. The RSI indicator formed a bullish divergence and from BTC 0.012 support GBYTE/BTC started to rise and broke an extremely strong resistance at BTC 0.04.

 

The corrective wave followed and the previous resistance at 0.04 has been acting as a support, the price simply failed to go lower. Today ByteBall has broken above the previous high at BTC 0.06, confirming the beginning of an uptrend.

 

The potential upside targets could be one of the Fibonacci retracement levels, either 38.2%, 50% or 61.8%. Only break and close below the BTC 0.012 support could invalidate bullish outlook.

 

Source: ByteBall Taking Over Bitcoin | CryptoPost

 

[pro4Xtrader 10]

CapriCoin Broke Above The Resistance

 

Following the previous idea on CapriCoin, price broke above the strong resistance, indicating the validity of the uptrend. After the breakout price reached 18k satoshi high and then corrected back to 12k satoshi, where it is currently trading.

 

CPC/BTC is right in the support area, that is between 12 and 13k satoshi. At the same time it is right at the 2/1 Gann Fann trendline and from this point onwards uptrend could continue. The first strong resistance is at 20k satoshi, that is 227.2% Fibonacci retracement applied to the corrective wave after the 200 Moving Average breakout. Second resistance is 88.6% Fibs, that is 25k satoshi.

 

Nevertheless consolidation period is also possible prior to the uptrend continuation. In this case CapriCoin could go back to the major support area at 7k satoshi, but only break and close below that level could invalidate bullish outlook.

 

Source: CapriCoin Broke Above The Resistance | CryptoPost

 

[pro4Xtrader 10]

Gulden Breaks Above The Channel

 

Gulden found the bottom at 500 satoshi and started to move higher breaking above the 200 Moving Average. After the breakout price corrected back and rejected both the 200 MA and the uptrend trendline.

 

The next wave up followed and NLG/BTC broke above the descending channel suggesting the uptrend has started. Considering that the price was rising sharply it is possible that Gulden will take a break and consolidate for a little while, but the immediate uptrend continuation is also possible especially after price rejected the upper trendline of the descending channel.

 

The first target is seen at 6k satoshi, that is 38.2% Fibonacci retracement applied through the all-time high. The second target is 7.7k satoshi that is 50% Fibs that goes inline with a 361.8% retracement level of the Fibs applied to the last corrective wave down. Only break and close 500 satoshi could invalidate bullish outlook.

 

Source: Gulden Breaks Above The Channel | CryptoPost

 

[pro4Xtrader 10]

Wings – Upcoming Wave Up?

 

Following the previous idea on Wings, it has reached the upside target at $2.3, although there was no clean bounce and price spiked higher, testing $2.66 mark. The resistance at $2.3 is strong but in order for Wings to reverse, it should provide a clean bounce of that resistance first.

 

The support at 161.8% Fibonacci retracement, that is $1.42, is being rejected and if it holds we are likely to see the next wave up very soon. The first target is obviously $2.3, but if broken next target would be at $3.4, that is inline with two Fibonacci retracement levels. In the worst case scenario, at this point. price could return back to the 200 Moving Average or even back to the downtrend trendline, but in any case, the uptrend is likely to resume at some point, going to the new all-time high.

 

Source: Wings ? Upcoming Wave Up? | CryptoPost

 

[pro4Xtrader 10]

Expanse Range

 

Following the previous idea on Expanse, it has reached the upside target at $4.5 and broke much higher, testing $9.6 where it found a strong resistance confirmed by two Fibonacci retracement levels.

 

After rejecting the resistance, EXP/USD corrected down sharply and went as low as $4.8, losing 50% to USD in just over a week. Currently, Expanse is facing a strong support between $4.6 and $5.0 which could result in rejection and then uptrend continuation or another wave up towards the $9.6 resistance.

 

The support level should be watched closely as a daily break and close below could result in further decline towards 200 Moving Average. However, at this point it does not look like a trend reversal is taking place, but rather a consolidation. Only a break above the $10 psychological resistance should result in a long-term uptrend.

 

Source: Expanse Is Expanding | CryptoPost

 

[pro4Xtrader 10]

Factom VS Bitcoin Still An Uptrend

 

Factom is clearly trending upwards although currently, it has entered the stage of a short to medium term consolidation. Since 1st of January, FCT/BTC continue to range between btc 0.005 and 0.0035. At the same time price broke above the downtrend trendline and for the second time it returned to the point of breakout, that is btc 0.004.

 

Today Factom rejected the 200 Moving Average and the 2/1 Gann Fan trendline. This could suggest the uptrend continuation from this point onwards, nevertheless, consolidation could extend a little further.

 

The upside target is seen at 127.2% Fibonacci retracement that is btc 0.006, this price level should act as a key resistance showing further intentions of the Factom.

 

Source: Factom VS Bitcoin Still An Uptrend | CryptoPost

 

[pro4Xtrader 10]

Namecoin Could Double In USD Value

 

Following the previous ide on Namecoin, it has reached the upside target at $5, corrected back and then went up to $8.4, breaking the resistance. The corrective wave down followed where price corrected back to the previous resistance area near $5.

 

This could be a potential starting point for the next wave up that could reach $10 mark that is confirmed by two Fibonacci retracement levels, 327.2% and 1227.2% as per previous analysis.

 

Source: Namecoin Could Double In USD Value | CryptoPost

 

[pro4Xtrader 10]

Global Currency Reserve VS Bitcoin Has Potential

 

GCR Coin found the support at 550 satoshi and then broke above the 200 Moving Average reaching 4580 satoshi level. Price then corrected back sharply and tested 1250 satoshi support for two times, failing to break below. The following wave up resulted in the rejection of the downtrend trendline and price yet again moved down, and currently is testing 200 Moving Average.

 

At this point picture remains unclear as for GCR/BTC to move higher it must break the downtrend trendline. At the same time, GCR is very close to the support where buyers could start coming in pushing price higher. While currently, GCR remains a risky coin to purchase it could reward aggressive investors in the short to medium term. But to stay conservative perhaps it is better to wait for the trendline breakout.

 

The upside target and first strong resistance is seen at 6640 satoshi, where two Fibonacci retracement levels are inline with each other. First is 50% retracement and second is 161.8% Fibs applied to the corrective wave down after the breakout of 200 MA. Only break and close below 500 satoshi could invalidate bullish outlook.

 

Source: Global Currency Reserve VS Bitcoin Has Potential | CryptoPost

 

[pro4Xtrader 10]

Ionomy Might Grow 10 Times

 

Following the previous idea on Ionomy, it has reached the upside target at $3 and broke above it, reaching the $5 high. Then price corrected sharply down to the previous resistance at $2, which now is acting as a support. At the same time, ION/USD is testing the uptrend trendline and the 200 Moving Average.

 

This is indeed a very strong support for Ionomy which could result in rejection and the continuation of the uptrend. If support will be rejected, the next wave up could reach the previous high at $5. Breaking above that resistance would accelerate Ionomy growth and send the price up to $12 resistance, confirmed by two Fibonacci retracement levels.

 

Source: Ionomy Might Grow 10 Times | CryptoPost

 

[pro4Xtrader 10]

NavCoin To Form Double Top?

 

NavCoin is clearly trending upwards while printing higher lows and higher highs. NAV/BTC gained 300% over Bitcoin in just under a week, rising from 8.6k up to 33.8k satoshi. The corrective wave down followed, and the price dropped to the 22.7k satoshi.

 

This is the key support for NavCoin as multiple supports were rejected. First is the previous low established just before the last wave up. Second is the downtrend trendline and third is the 3/1 Gann Fan trendline. The support is strong and should result in at least one wave up towards the previous high at 33.8k satoshi. On the downside, only a daily break and close below 22.7k level could result in further correction down.

 

Source: NavCoin To Form Double Top? | CryptoPost

 

[pro4Xtrader 10]

PowerLedger VS Bitcoin New All-Time High?

 

PowerLedge started an uptrend after it tested 2600 satoshi low on the 8th of December. Price consistently went higher producing higher highs and higher lows. POWR/BTC even managed to break above the previous all-time high at 11.8k satoshi reaching a new high at 14.2k satoshi.

 

On a corrective wave down it rejected the previous resistance at 7600sat, that has been acting as a support. Yesterday PowerLedge once again attempted to break below this resistance but failed as it only managed to produce the spikes that went lower, but no definitive breakout has been recorded. Not to mention, that price rejected the 4/1 Gann Fan trendline.

 

This could suggest that POWR/BTC might continue going higher where the next upside target is seen at 15.5k sats. Break above that resistance should confirm further strength and should send it much higher, therefore that level should be watched closely. On a downside note, only a break and close below the 6.4k sats could invalidate bullish outlook.

 

Source: PowerLedger VS Bitcoin New All-Time High? | CryptoPost