Archive | alt coin monero

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 […]

0.00025 BTC IS IOTA’S MINOR RESISTANCE LINE AND A POTENTIAL BULL TRIGGER

Like LTC, IOTA’s short term trend depends on if prices will close above the minor resistance trend line. For IOTA, there are some spinning tops in the weekly chart while LTC sellers or BTC bulls continue to push prices lower towards the main double bottoms at 0.014 BTC in the 4HR chart. In the mean […]

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 […]

DASH REVERSE FROM $1200 AS IOTA, LTC AND MONERO FOLLOW SUIT

As DASH reverse from $1200, other crypto pairs are following suit especially IOTA which is now trending lower after stalling at $4.2. Generally, USD buyers are in charge across most currency pairs besides NEM. Apart from these, I will shift my focus on LTC and chances of losing their Q4 2017 gains is high after […]

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: DO WE EXPECT SHORT TERM MONERO BUYS TOWARDS $400?

Despite the overall bear signals in the weekly chart, there are pocket of bull pressure. As such, we expect a short term Monero buys going forward. The only thing we should be watching for now is how price reacts at $400. At the same time, the same set up is panning out in IOTA. Even […]

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 […]

MONERO PRICES TEPID WHILE NEM CLEARS $1.02

Guys, we cannot dispute the fact that most of these pairs are at cross roads. DASH and Monero prices are tepid and have an obvious positive correlation with the King, BTC. Until there is a recovery in the latter, these two will be under pressure. IOTA sellers in particular are in focus and should they […]

AS NEM CONSOLIDATES, DASH PRICES TRICKLE LOWER

Most alt coins today are trending lower. Dash prices in particular continues to trickle lower while NEM consolidates. In my honest opinion, I really think the 20 period MA which was obliterated on December 22 will continue to hold an important role in the coming sessions. DASH, Monero, IOTA and LTC prices might continue to […]

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 […]