Technical Analysis of 20 cryptocurrencies!

Hey guys!

Huge incoming post here! As promised to the Altpocket community; a full post dedicated to the technical analysis of 20 coins. Let me know what you think and which coins you’d like to see next time. Make sure to follow for more articles and videos regarding our beautiful cryptospace. Oh and obviously this is no official financial advise and can only be used at your own risk.


01 BTC/USD
Long-term trend: up
Short-term trend: up
Target 01: 16,937
Target 02: 17,951
Trade recommendation: Buy
Note: Bitcoin is still in for a long-term uptrend, enjoy the dips.

 

02 ETH/USD
Long-term trend: up
Short-term trend: up
Target 01: 1019
Target 02: 1218
Trade recommendation: Buy if it breaks 1st target.
Note: Ethereum seems to be in for a trip to the moon.

 

03 LTC/USD
Long-term trend: up
Short-term trend: unsure, depends on current move
Target 01: if up 305, if down 268
Target 02: if up 363, if down 258
Trade recommendation: If it stays above current support, buy, if it drops below current support, sell.
Note: Litecoin is currently on the verge of breaking out of either two ways, keep a close eye on it.

 

04 BCH/USD
Long-term trend: up
Short-term trend: down
Target 01: 2554
Target 02: 2781
Trade recommendation: Buy in about 3-6 hours
Note: Bitcoin Cash seems to be cumulating towards a breakout, since the long-term is up, the breakout is expected to be up too.

 

05 XRP/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00014102
Target 02: 0.00012301
Trade recommendation: Sell, keep track and buy back in later
Note: Ripple is facing some major speculations as to how the system works which makes the ethical side of things a little unclear.

 

06 ADA/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00005695
Target 02: 0.00004994
Trade recommendation: It’s hard to tell where resistance may be found for ADA although the golden rule is 60% below it’s peak, which tells us that it will have one more drop.
Note: ADA is highly popular on the market and buying ADA will suit you fine on the long run either way.

 

07 XEM/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00010363
Target 02: 0.00011579
Trade recommendation: Buy
Note: XEM seems to have almost reached it’s dip and is getting ready to get back up soon.

 

08 TRX/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00000813
Target 02: 0.00000504
Trade recommendation: Wait for it to reach lower and then buy.
Note: TRX seems to be in favour lately and this will be a nice moment to stock up soon.

 

09 XLM/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00004286
Target 02: 0.00003723
Trade recommendation: Wait for it to dip somewhere between the first and second target, then buy.
Note: Stellar is a favourite of the market but went up, way too fast so let it come down some more.

 

10 IOTA/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.00025090
Target 02: 0.00028896
Trade recommendation: Buy
Note: IOTA seems to have reached it dip and may take off soon.

 

11 DASH/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.07106239
Target 02: 0.07949324
Trade recommendation: Buy
Note: Dash is incredibly volatile and may change course at any given moment even though it shows a clear sign up as we speak.

 

12 XMR/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.021181
Target 02: 0.022622
Trade recommendation: Hodl and buy later
Note: Monero is also very volatile and currently still seems to be dropping a little as a stabilisation turbulence, give it some time to settle and then buy.

 

13 EOS/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.00059917
Target 02: 0.00069955
Trade recommendation: Buy
Note: EOS is a strong one at the moment and seems to grow steadily, its current dip may have already found its depth and seems to get ready for take-off

 

14 NEO/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00523
Target 02: 0.00464
Trade recommendation: Sell
Note: Neo is a strong contester but its current drop feels like a free fall and looks to break the trend line going down, expected to stabilise between target 1 and 2.

 

15 QTUM/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.00397682
Target 02: 0.00600949
Trade recommendation: buy
Note: QTUM is going strong and broke through its target again, looking to go up to the moon, then again, this may still be a stabilising tase but on the long term QTUM seems to keep growing.

 

16 BTG/BTC
Long-term trend: down
Short-term trend: down
Target 01: 0.02160
Target 02: 0.02699
Trade recommendation: Risky buy
Note: Bitcoin Gold is flatlining and seems dead, do some proper research on its future and decide whether this is the flatline before the explosion, you may never be able to buy in as low again.

 

17 ETC/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.0018855
Target 02: 0.0020386
Trade recommendation: Sell and buy back in later
Note: ETC has had a major downfall, but like a major rise, it has to correct as well, expected to go down hard a little further and then find its way back up.

 

18 LSK/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.00241784
Target 02: 0.00357538
Trade recommendation: Buy
Note: Lisk is one of the strongest contesters out there right now, rarely do we see a coin stabilise this high over and over, showing signs it’s ready for one more moonshot, be weary and ready!

 

19 SIA/BTC
Long-term trend: up
Short-term trend: up
Target 01: 0.00000315
Target 02: 0.00000260
Trade recommendation: Sell!
Note: Sia is going up great but right now it has mooned way too hard and is bound for a huge freefall, be ready and weary!

 

20 OMG/BTC
Long-term trend: up
Short-term trend: down
Target 01: 0.00110124
Target 02: 0.00119457
Trade recommendation: Wait a little, then buy.
Note: OMG seems to have almost reached its depth and should be headed back up soon.