#ETCBTC
#INFO
The asset showed a strong reaction to the support level of 0.00215700. After impulse, price decreases smoothly with declining volumes, which indicates a local lack of demand from the big money.
In this situation, we should expect price to fall closer to the level of 0.00215700 and look for an entry point at smaller time frames (M5, M15).
#INFO
The asset showed a strong reaction to the support level of 0.00215700. After impulse, price decreases smoothly with declining volumes, which indicates a local lack of demand from the big money.
In this situation, we should expect price to fall closer to the level of 0.00215700 and look for an entry point at smaller time frames (M5, M15).
#EOSBTC
#INFO
Trading activity that is going on now - too low for a reversal movement. It reminds those that were higher.
For a reversal movement at the level there should be something that resembling a triple bottom or a smooth turn along the arc, and what we are seeing right now - implies that the price may fall even lower.
The entrance into position can be divided into three parts. Take one part by the market price, one part from the first level 0.00062561 and an other part from the second level 0.00057224.
#INFO
Trading activity that is going on now - too low for a reversal movement. It reminds those that were higher.
For a reversal movement at the level there should be something that resembling a triple bottom or a smooth turn along the arc, and what we are seeing right now - implies that the price may fall even lower.
The entrance into position can be divided into three parts. Take one part by the market price, one part from the first level 0.00062561 and an other part from the second level 0.00057224.
#IOTAUSD
#INFO
IOTA has reached zone 1.1542 - 1.2652. The price 1.2652 is significant because from this point coin started trading in the past. Level 1.1542, in turn, in the past caused multiple price reactions. But if you pay attention to the nature of the last price reduction - you can see an exceptionally decreasing highs, and all lows are concentrated exclusively at the level 1.1542. This suggests a possible "sawing through" the level of 1.1542 and search for a new support level, such as for example, 0.628 with further reversal pattern formation.
#INFO
IOTA has reached zone 1.1542 - 1.2652. The price 1.2652 is significant because from this point coin started trading in the past. Level 1.1542, in turn, in the past caused multiple price reactions. But if you pay attention to the nature of the last price reduction - you can see an exceptionally decreasing highs, and all lows are concentrated exclusively at the level 1.1542. This suggests a possible "sawing through" the level of 1.1542 and search for a new support level, such as for example, 0.628 with further reversal pattern formation.
#FTCBTC
#INFO
After the volume explosion FTC/BTC showed rising lows and "respect" to the support level 0.00001628, however at that moment asset is better not to buy.
The price is in the "sales zone", where the price has repeatedly declined, and the purchase of assets "right now" has the risk of being at the maximum.
In this situation, we can considering three scenarios:
1) The price breakout from the past maximum (zone 0.0000400) will indicate the presence of an upward movement and in this situation it is better to catch price on the test of level.
2) Before breakout, price decides to roll back to the nearest support level (0.00002424) and here we can place a buy order.
3) If coins do not have enough power for a straight exit from the side movement - a situation with a false breakout of the last lows (0.00001628) is possible.
#INFO
After the volume explosion FTC/BTC showed rising lows and "respect" to the support level 0.00001628, however at that moment asset is better not to buy.
The price is in the "sales zone", where the price has repeatedly declined, and the purchase of assets "right now" has the risk of being at the maximum.
In this situation, we can considering three scenarios:
1) The price breakout from the past maximum (zone 0.0000400) will indicate the presence of an upward movement and in this situation it is better to catch price on the test of level.
2) Before breakout, price decides to roll back to the nearest support level (0.00002424) and here we can place a buy order.
3) If coins do not have enough power for a straight exit from the side movement - a situation with a false breakout of the last lows (0.00001628) is possible.
#NANOBTC
#INFO
NANO came up to the level, but it looks like it's going to "push through" it, we should wait for the situation to developing.
The next level is below 0.00068, in case of "push through" scenario, it will be serve as a support.
If in the near future, the "push through" scenario does not occur and instead we will see a long sideward movement, it can serve as a beginning for future growth.
#INFO
NANO came up to the level, but it looks like it's going to "push through" it, we should wait for the situation to developing.
The next level is below 0.00068, in case of "push through" scenario, it will be serve as a support.
If in the near future, the "push through" scenario does not occur and instead we will see a long sideward movement, it can serve as a beginning for future growth.