Trade Recommendation: Golem

Trade Recommendation: Golem

The Golem/Bitcoin pair (GNT/BTC) started its downtrend on May 31, 2018 when it confirmed resistance of 0.000086. This triggered the double top pattern on the daily chart. Those who bought near the resistance level had to cut their losses. This started a bear run that’s still bleeding the market up to this day. The good […]

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IOTA: Price Analysis, July 23

IOTA: Price Analysis, July 23

IOTA/USD IOTA has been trading in a tight range for the past two days, close to the critical support at $0.9150. The IOTA/USD pair has formed a small bearish descending triangle pattern that will complete on a breakdown of $0.9150. This will give a pattern target of $0.5721. Therefore, we suggest to stop losses on the existing long position if […]

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EOS: Price Analysis, July 23

EOS: Price Analysis, July 23

EOS/USD EOS has been consolidating between $6.8926 and $9.4456 for the past month. Currently, the price is close to the 20-day EMA, which has flattened out. The EOS/USD pair will begin moving upwards after it breaks out of the overhead resistance at $9.4456. The pattern target of such a breakout is $12. If the bears force a breakdown […]

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Ripple: Price Analysis, July 23

Ripple: Price Analysis, July 23

XRP/USD The buyers are still not back in Ripple as it is struggling to bounce off the $0.42420 line. It is facing resistance at the 20-day EMA. The XRP/USD pair is currently consolidating in a broad range of $0.42420 – $0.51978. A breakdown of the support can sink it to $0.33. The only minor positive is that the RSI […]

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