Trade Recommendation: eBoost [EBST]
What is eBoost [EBST] ? eBoost is a gaming Software Token that can be used for player-to-player gaming on sites who accept it as payment. Why it’s a good time to buy it now? The price has left the accumulation zone.It has Retraced almost 300% and holding bottom support. Low Risk, High Reward. From this strong support, good jump expected anytime. Very LOW Market Cap Only $8M with 20M Supply. The price right now (22 April 2018) is only $0.43. There is a LOT of space to grow. News in the near future Okex Listing (Unknown, but planned) Fortnite tournament (Planned,...
Trade Recommendation: Iconomi/Ethereum
The Iconomi/Ethereum (ICN/ETH) pair opened at 0.0085 on August 23, 2017. On the same day, it went as low as 0.00125 before bulls swooped in and brought the price up to a 0.00929 close. Bulls could only do so much, however, as the market continued its plunge. It generated a lower high of 0.007956 on October 4, which sealed the market’s bearish trend. Sponsored On October 13, the market broke below support of 0.0045. Since then, it created a series of lower highs and lower lows until it bottomed out at 0.002 on December 14. Having lost over 76% of...
Trade Recommendation: Litecoin
With the market volatility dropping off we have seen the market drifting with a lack of conviction in direction. We will need to lower our expectations a bit to returns that are more modest from the outsized gains we all became accustomed to over the last year. We see the Daily Pivot Range (blue dots), and the 3 Day Rolling Pivot Range (yellow dots) overlapping, this is important. The Opening Range is also just above these levels. So the bias is to the upside. Sponsored The Daily Pivot Moving Averages are flat, so they are neutral. The market could...
Trade Recommendation: Genesis Vision/Ethereum
The Genesis Vision/Ethereum (GVT/ETH) market started its uptrend on January 4, 2018 when it breached resistance of 0.015. The breakout was so strong that it went as high as 0.048 on January 7. At this price level, however, the market was in extreme overbought territory. Breakout buyers took the opportunity to dump positions. As the market succumbed to heavy selling pressure, GVT/ETH went as low as 0.01333 on January 18. It consolidated around 0.015 support for about a month until a surge in price and volume on February 17 brought the market back to life, and sent it to as...
Trade Recommendation: NANO/Ethereum
NANO/Ethereum (NANO/ETH) is a relatively new market as it registered the first daily candlestick on February 2, 2018. This first daily candle has significantly contributed to the pair’s recent downtrend. While NANO/ETH went as high as 0.029987 on February 2, it closed at 0.018412. This created a bearish shooting star candlestick indicating the dominance of sellers. Sponsored With selling becoming an early theme, the market plunged and went as low as 0.007626 on February 21. At this price point, the market lost almost 75% of its value from the all-time high of 0.029987. That’s why it quickly rallied when it...
Trade Recommendation: TRON/Ethereum
The TRON/Ethereum (TRX/ETH) market launched its bull run on December 16, 2017 when it breached resistance of 0.000045. The momentum of the breakout was so strong that the pair went as high as 0.00032 on January 5, 2018. At this point, however, the market flashed extreme overbought signals. This prompted breakout players to start taking profits. Sponsored Faced with heavy selling pressure, TRX/ETH went as low as 0.00011043 on January 6. While the pair did bounce, it created a bearish lower high setup of 0.00018866 on January 8. Noticing that the market was running out of steam, participants dumped their...
Crypto Trading: How to Study Charts to Find Trends
As of this writing, the trending phrase in the crypto sphere is “The entire crypto market is bleeding.” Obviously, the dip spells a drawback to many new investors. On the other hand, it is an opportunity to trade wisely. Learning how to study charts is one way to find the trends in the crypto market, leading to successful trading. Sponsored Why Study Charts? Even in a bloody market, investors believe that the crypto market will wake up from the slumber and the market cap of the digital assets will increase in value over time. With that mindset, many investors embark on the...
Trade Recommendation: Bitcoin Gold
The Bitcoin Gold/Bitcoin (BTG/BTC) market lost its bullish momentum on November 21, 2017 when it generated a lower high of 0.065. As market participants noticed that the pair has ran out of steam, a selling frenzy was triggered. On December 5, the pair broke below support of 0.025. The BTG/BTC pair nosedived as selling pressure increased. However, the market needed only three days after going below 0.025 to bottom out at 0.011551 on December 8. Having lost over 82% of its value in about two weeks, the market quickly rallied. Bottom pickers pushed the price to as high as 0.029...
Trade Recommendation: PotCoin
The PotCoin/Bitcoin (POT/BTC) market exhausted its bullishness on July 25, 2017 when it created a lower high of 0.000037. The market unravelled on July 27 when it broke support of 0.0000385. Since then, it created a series of lower highs and lower lows until it bottomed out at 0.00001027 on November 2. The market rallied after finding its bottom, and went as high as 0.00003999 on December 1. At this point, however, the pair was in overbought territory, and that forced bottom pickers to dump their positions. Faced with heavy selling pressure, the market went as low as 0.00001594 on...
Trade Recommendation: Litecoin
The Litecoin/Dollar (LTC/USD) pair ignited its bull run on December 8, 2017 when it took out 110 resistance. The breakout was noticed by momentum players, which pushed the price to as high as 375 on December 19. At that level, the market flashed extreme overbought readings. In addition, it grew by over 240% in just 11 days, which triggered a selling frenzy. // -- Discuss and ask questions in our Facebook Group As the market succumbed to profit taking, it went as low as 173.68 on December 22, but it closed at 264.98. The price action on that day created a...
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