Trade Recommendation: Litecoin

Trade Recommendation: Litecoin

The Litecoin/Bitcoin (LTC/BTC) pair has been in a downtrend since February 28, 2018 when it breached support of 0.02 support. This triggered the double top pattern on the daily chart. From that point, the pair has been generating a series of lower highs and lower lows within a descending channel. Four months into the downtrend, […]

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Trade Recommendation: Bitcoin Cash

Trade Recommendation: Bitcoin Cash

From a long-term perspective, the Bitcoin Cash/Bitcoin (BCH/BTC) pair has been in sideways consolidation. It has been trading in a wide range between 0.25 and 0.05 since August 2017. Traders who can identify key support and resistance levels within the range can spot profitable trading opportunities. As BCH/BTC continues to slide, it approaches a reliable […]

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Trade Recommendation: Ethereum

Trade Recommendation: Ethereum

The Ethereum/Bitcoin (ETH/BTC) pair looks bullish from a long-term perspective. However, it might take the pair a month or so before it can launch a bull run. The timing appears to be in line with Bitcoin’s expected correction after it hit major resistance of $9,600. So for now, we’ll just play the bounce. ETH/BTC is […]

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Trade Recommendation: Ontology

Trade Recommendation: Ontology

The Ontology/Bitcoin pair (ONT/BTC) has been bearish since June 22, 2018 when it took out support of 0.0009. This activated the double top reversal pattern on the daily chart. The breakout forced those who bought above the support to cut their losses. The market has been on a steep drop for more than a month. […]

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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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Trade Recommendation: NEO

Trade Recommendation: NEO

The NEO/Bitcoin (NEO/BTC) pair started its downtrend on March 3, 2018 when it breached support of 0.011. This triggered the head and shoulders reversal pattern on the daily chart. As a result, NEO/BTC plummeted. Nevertheless, it appears that the pair is establishing a bottom. Technical analysis show that NEO/Bitcoin is bottoming out at around 0.0043 […]

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