Archive | alt coin iota

Alt coin Analysis: NEO, EOS, LTC and IOTA

After January 30 rapid slide, alt coin sellers should be a little bit disappointed because there was a general slowdown across most alt coin under our radar. IOTA, LTC and NEO couldn’t muster a close below yesterday’s lows and what we are waiting for is perhaps a confirmation of January 30 depreciation. Bear break-out levels […]

Altcoin Analysis: NEO, EOS, LTC and IOTA

Besides NEO, which is now testing key resistance line in the 4HR chart, IOTA, EOS and LTC are trending lower. Even though I expect LTC to find footing and gain bullish momentum, EOS looks likely to trend lower in the coming days as price action corrects a possible over-valuation following a close above the BB […]

NEM FOUND CEILING AT $1.14 AS SELLERS TARGET $0.50

Perhaps the major take away is how NEM found ceiling at $1.14. At that price tag, bears turned aggressive and are now driving prices towards $0.50. Like NEO, we could see some buy potential but not now. And talking of NEO, bears are officially in charge and we can start planning on identifying correct potential […]

NEM SLOWS DOWN WITH POTENTIAL SUPPORT AT $0.53

Most alt coins are correcting and even in the midst of all this bear pressure, NEM slow down reveals potential support at $0.53. It might be temporary, who knows but similar traits can be seen in several other alt coins including IOTA, LTC and DASH. Of course catching reversals at key supports can be dopamine […]

TIME TO BUY LUMENS

Thinking of break out trades? If so, it’s time to buy Lumens. Why? First, prices are reversing from key Fibonacci retracement levels and secondly, at the moment Lumens coin is hot property. As such, riding with positive vibes-or anti-FUD news is always a good move. Alternatively, if you are thinking of Monero buys, you should […]

BUY IOTA AND AIM FOR $5.5

It’s no doubt that it IOTA has been on a rough patch with sellers pushing prices lower. However, after that close above $4.2, just buy IOTA. Yes, and while at it aim for $5.5. Of course, after last week’s higher high, retracements and break outs, I was hoping LTC to spice up after waking up […]

BUY LTC AND TRADE THE BREAK OUT

It’s time to buy LTC and trade that bull break. Buy pressure is strong enough and now prices are trending above $275. In the mean time, the same bull pressure is visible with NEM reversing from the middle BB with a strong bull candlestick reversing from the middle BB. I also expect DASH, Monero and […]

MONERO MID-RANGE REVERSAL MAY DISRUPT SHORT TERM BEAR PROJECTION

Like most high cap alt coins, Monero mid-range reversal may disrupt our bear projection. Other than the lower lows visible in NEM-that is justifiable following a blast through $2, we expected sellers to push prices lower this week. This looks unlikely especially now that DASH prices are reversing and turning their guns to $1300. At […]

IOTA PRICES STALL AT $4.2

There is a minor recovery for most alt coins prices and as IOTA prices stall at $4.2, a bear pin bar is clear in NEM and DASH. It will be interesting for NEM especially now that sell pressure is expected anywhere at around $1.1. Unlike NEM, LTC set up is a little bit complex but […]

ALT COIN ANALYSIS: WILL DASH EVENING STAR PATTERN IN THE WEEKLY CHART DAMP PRICES?

Interesting price formation as we usher in the New Year. To begin with, a DASH Evening Star pattern is clear in the weekly chart and even though we expect short term buy pressure, the higher time frame pattern shall take precedence in our analysis. Besides DASH, we can see buy pressure building up in LTC–where […]

LTC FINDS RESISTANCE AT $250 AS IOTA CONSOLIDATES

  As IOTA consolidates, Monero and DASH are bouncing from the minor support trend line and the triple bottoms respectively. Of the 5 alt coins we are focusing on, NEM is the only token that has gained ground this week. NEM BUYERS EYEING $1.1 Nothing serious for NEM. Our trade plan is panning out well. […]

DASH AT THE PRECIPICE AS NEM BUYERS PUSH FOR $1.1

Interesting formation in the last 24HRs, NEM buyers might end up clearing last week’s highs at $1.1. While at it, USD bulls might drive LTC prices even lower to $200 and $150 now that $250 was sliced though like butter. LTC is not alone, look at DASH and check the triple bottoms…while sellers close below […]

TEMPORARY NEM BEARS MIGHT DRIVE PRICES TOWARDS $0.51

Almost all strong cap alt coins look over-valued and are due for correction. From the look of things and following last week’s spike, NEM bears might temporarily drive prices lower towards $0.51. Other BTC alternatives are also inching higher but December 22 highs remain definitive. TEMPORARY NEM BEARS MIGHT DRIVE PRICES TOWARDS $0.51 Undoubtedly, NEM […]

NEM IS FLAT WHILE DASH AND MONERO TRACKS GRANDPA BITCOIN

At least NEM is flat. We cannot say the same with LTC, DASH, Monero and to some extent IOTA. Buyers are waiting for a sign and some are backing off, will you? It depends on your tolerance level. Check out what I think:   NEM IS FLAT If you were waiting for me to say […]

IOTA DOUBLE BOTTOMS WHILE LTC BULLS AIM AT $420- TECHNICAL ANALYSIS FOR DECEMBER 18, 2017

After a period of lower lows, IOTA is now bottoming. There is a clear IOTA double bottoms and a stochastic buy signal in place meaning bull trend is in progress. If IOTA prices close above the middle BB then we expect December 6 highs of $5.6 to be our immediate target. LTC is also on […]