pro4Xtrader

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

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

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

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

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

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

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

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

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

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

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

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

Komodo Uptrend To Continue Following the previous idea on Komodo, it has reached the upside target at $7 and broke higher reaching the $14.4 high. The corrective wave down followed while price rejected the support 727.2% Fibonacci, that is $7.1. Currently, it seems that the uptrend is likely to continue to test next Fibonacci resistance level at $1727.2% retracement level, that is $14.7. While the support is holding, uptrend should remain valid pushing Komodo to new all-time highs. Break and close below could invalidate bullish outlook. Source: Komodo Uptrend To Continue | CryptoPost

Decred Time For Correction Following the previous idea on Decred, it has reached the upside target at $117 and as expected tripled in value. But now as the resistance is being rejected DCR/USD could start a consolidation period or even start a strong correction down. The $117 level should be watched closely, while it is being respected by the market, the downside pressure will remain very high and Decred could correct down towards one of the Fibonacci retracement levels. Therefore, at this point, buying Decred could prove to be extremely risky, unless the resistance is broken. Wait and see approach could be the most appropriate. Decred Time For Correction | CryptoPost

Qtum VS Bitcoin Rising To Form Double Top? Qtum managed to break above the descending channel and 200 Moving Average suggesting that is it ready to continue trending upwards. QTUM/BTC producing higher highs and higher lows while trading within the ascending channel. The overall trend is definitely bullish and Qtum should be moving higher to test 227.2% Fibonacci retracement level applied to the corrective wave after the descending channel breakout. This resistance is based at btc 0.0056 which is very close to the previously formed top in August last year. The btc 0.0056 is the very first strong resistance for Qtum and it would be interesting to see the price action around this level, which should provide more clues about the further direction of QTUM/BTC. At this point, Qtum could continue trading within the ascending channel and could even move back to test the 38.2% Fibonacci support, which in fact has been already rejected. In the worst case scenario price could drop towards the 200 Moving Average, but only break below it should invalidate bullish outlook. Source: Qtum VS Bitcoin Rising To Form Double Top? | CryptoPost

VertCoin Back To Previous High? On the 6th of December VertCoin established an all-time high against USD, hitting $10.7 price. After that, a corrective wave down follow where the price dropped down to $6, and consolidation has begun. During the past month, VTC/USD has been trading within that range, without showing much weakness nor strength. Although on the 2nd of January price broke above the descending channel, 200 Moving Average and the resistance at $6.8. It seems that VertCoin could be getting higher once again, although it is unclear whether it will be the final wave up before the correction, or a continuation of the uptrend. The key resistance is at $10.4 where 361.8% Fibonacci retracement applied to the corrective wave down after the resistance breakout. It could happen that VertCoin will produce a double top near the $10 psychological resistance, which is the key resistance area at this point. Break above, or a rejection should provide more clues about the further direction. On a downside note, break below $5.5 support should invalidate bullish outlook. Source: VertCoin Back To Previous High? | CryptoPost

ZCoin VS Bitcoin – How Much More UP? ZCoin has been performing very well lately against the Bitcoin and managed to grow from BTC 0.002 up to 0.016 in just 3 weeks. This is an amazing growth of 500% in a very short period of time. However, it seems that ZCoin uptrend could be getting to an end very soon. Fibonacci applied to the corrective wave down after the downtrend trendline breakout shows that price got very close to the 427.2% retracement level at BTC 0.012, but failed to test it. This remains the key upside target for the XZC/BTC in the medium to short term. At the same time, the support area between btc 0.0066 and 0.0073 should be watched. Break below could establish a consolidation or even a strong correction down. But while it is holding the upside target at btc 0.012 remains valid. Perhaps its better to stay neutral on Zcoin and see the price action near the support, uptrend trendline and 200 Moving Average. Source: ZCoin VS Bitcoin ? How Much More UP? | CryptoPost

ZCash Could Trippe In Value Against USD Following the previous idea on ZCash, it has started to move higher, continuing the long-term uptrend. ZCash has been steadily moving upwards rejecting the uptrend trendline and the 200 Moving Average. On the 14th of December ZEC/USD broke above the strong resistance area around $450, and on a corrective wave down after the breakout it rejected the $450 level, which is now acting as a support. Obviously, price broke above the triangle pattern and now could be ready to explore new highs. The very strong resistance is seen near $1500, which means that ZCash could triple in value against USD in the medium term. On the downside, only close below the $156 support could invalidate bullish outlook. Source: ZCash Could Trippe In Value Against USD | CryptoPost

Metal Pay Could Be Worth Buying MetalPay starting to show signs of life while rejecting the uptrend trendline and breaking above strong resistance at $6.75. At the same time, MTL/USD broke above the downtrend trendline and 200 Moving Average. Following corrective wave down was stopped at the previous resistance, which now is acting as a support. The 200 Moving Average is now also acting as a support and this could be the starting point for MetalPay to start rising. The upside potential is definitely there, although MTL/USD could be range trading for some time before going up. The strong resistance is located at $18, where two Fibonacci are inline. First 127.2% applied to the previous all-time high, and the second is 161.8%, applied to the corrective wave after the $6.75 resistance breakout. If/when MTL manages to break above $18 resistance, the next target is seen at 227.2% Fibonacci which is a very strong psychological round number – $30. This could be the final upside target for the potential upcoming wave up. Only a break and close below the $3.33 support could invalidate bullish outlook. Source: Metal Pay Could Be Worth Buying | CryptoPost

Edgeless Token Should Outperform Bitcoin Edgeless token found the support at 5600 satoshi and started to move higher, breaking above the 200 Moving Average and the very strong resistance formed at 13k satoshi. Higher highs and higher lows pattern started to emerge suggesting that EDG/BTC could be planning to continue rising. After breaking the 13k satoshi resistance, the price went back and this time rejected this level, which is now acting as a support. The upside momentum is there and it is very likely that price will move higher towards previously formed high near 40k satoshi. To be precise, there is a very strong resistance at 37k satoshi confirmed by two Fibonacci retracement levels. First is 88.6% and second is 227.2%, applied to the last corrective wave down. While the upside potential is there, Edgeless might take some time before moving higher and could even test the uptrend trendline and/or the 200 Moving Average once again. In any case, the buying opportunity is there and only break below the 5600 satoshi support could invalidate bullish outlook. Source: Edgeless Token Should Outperform Bitcoin | CryptoPost

Clams VS Bitcoin – Uptrend – The Beginning Following the previous idea on Clams, it has broken above the resistance, signaling about the potential beginning of the uptrend. At the same time CLAM/BTC broke above the descending channel and the 200 Moving Average. Clearly, ClamCoin showing strong sights of strength against the Bitcoin and should start moving higher. The very strong resistance is seen at 144k satoshi, where 50% Fibonacci retracement is. At this resistance area, there is also a 3/1 Gann Fan trendline and the upper trendline of the extended descending channel. Overall, the bullish trend is likely to accelerate to target 144k satoshi resistance area and break above could establish a long-term trend upwards. Only break below the 38k satoshi support could invalidate bullish outlook. Source: Clams VS Bitcoin ? Uptrend ? The Beginning | CryptoPost

AdEx VS Bitcoin – Medium Term Outlook Following the previous idea on ADX/USD, it has reached the upside target and rejected it. Pretty much the same is happening with Adex against the Bitcoin as it has approached the resistance at 25k satoshi. This level has been acting as a support well as the resistance between August and September, so now the history may repeat itself. Not to mention that ADX/BTC reached the top of the descending channel and is very close to 2/1 Gann Fan trendline. 25k satoshi support area could be acting as a strong resistance and could potentially send Adex back to the 200 Moving Average or the uptrend trendline. On the upside note, break above the 25k resistance could prove that the trend up continues and then a buying opportunity might present itself. As for now, Adex remains a risky coin to hold. Source: AdEx VS Bitcoin ? Medium Term Outlook | CryptoPost

TenXpay VS Bitcoin – Interesting Timing TenX Pay Token found the support at 10500 satoshi and slowly started to move higher. Price broke above the descending channel and 200 Moving Average signaling on a potential correction up or even a trend reversal. After breaking higher and testing 40k satoshi, PAY/BTC corrected back where it rejected multiple supports. Upper trendline of the descending channel REJECTED 50% Fibonacci Retracement REJECTED 200 Moving Average REJECTED Uptrend Trendline REJECTED It seems like TenXPay is becoming very bullish and should outperform Bitcoin, at least in the short to medium term. First target near 60k satoshi where two Fibonacci retracement levels meet with each other, the 227.2% applied to the last corrective wave down and 76.4% applied to the September high and December low. Therefore, TenXPay could easily double in value against Bitcoin and if the 60k resistance is broken there will be much more upside potential. Only break below the 10k support could invalidate bullish outlook. Source: TenXpay VS Bitcoin ? Interesting Timing | CryptoPost

Memetic / PepeCoin Higher Highs Memetic does look pretty awesome from the technical perspective, it has been bouncing off the 200 Moving Average for an extended period of time after which it broke above the $0.4 resistance and now there is clearly a higher highs, higher lows pattern. After breaking above the $0.4 resistance price retraced back and rejected the uptrend trendline. Currently, it seems that MEME/USD is ready to continue the uptrend and a new all-time high should be just around the corner. The first target is seen at $2.5 where 161.8% Fibonacci retracement, applied to the latest corrective wave down. On a downside note, only break and close below the 200 Moving Average would invalidate bullish outlook. Source: Memetic / PepeCoin Higher Highs | CryptoPost

FlorinCoin VS Bitcoin Growth Potential After testing the low at the 505 satoshi, Floricoin started to move higher breaking above the downtrend trendline . At the same time price broke above the 200 Moving Average and reached 1900 satoshi, totaling a 280% gain over Bitcoin in just two weeks. Clearly, Florincoin showing some strength, especially now, after rejecting the 200 Moving Average and the 23.6% Fibonacci support at 1090 satoshi. The uptrend could either be a short-lived or a long-term depending on how FLO/BTC will react to the first strong resistance at 2145 satoshi, which is 127.2% Fibonacci retracement level applied to the last corrective wave down. Break above that level should push Florincoin much higher, while if rejected, the consolidation could take place. Only a break below the 505 could invalidate bullish outlook. Source: FlorinCoin VS Bitcoin Growth Potential | CryptoPost