Market Update: Top Coins for the Week!
Bitcoin (BTC/USD)
- Massive sell volume (biggest in months)
- If price struggles at resistance, expect another sell-off to $3,800
Nexus (NXS/BTC)
- Looking to breakout from the pennant either way. Keep an eye on this one!
- Down = 61.8% fibs level, Up = who knows
Lisk (LSK/BTC)
- Very bullish pennant (higher lows)
- A break above should bring in big volume. A break below support (blue box) will see support retested
Rise (RISE/BTC)
- Consolidating right on support within the 61.8 - 78.1 fibs
- I expect it to break to the upside (which would see a quick 30% gain), but keep your eyes on this one!
Verge (XVG/BTC)
- Another pennant for Verge, will it break even higher?
- Break below we are looking towards the 50% fibs
Siacoin (SC/BTC)
- At the bottom of consolidation channel
- Doesn't really have much room left below (good risk:reward)
Monaco (MCO/BTC)
- Keeps bouncing off major support (bad news if this breaks)
- In the 61.8 - 78.1 fibs buy zone
- Look for downtrend to break upwards to enter long
Happy Trading!
Don't forget to upvote, follow & resteem @nakedtrader if you find value in my posts, remember to comment that you are following me so I can follow you back!
Click here to see more trade setups!
@nakedtrader
All information is presented for educational purposes only and does not constitute financial advice
Thanks for sharing...
I'll have a look into these, thanks for the update.
waiting for more from you nakedtrader! keep motivating!
This post was resteemed by @resteembot!
Good Luck!
Learn more about the @resteembot project in the introduction post.
Also - check out @reblogger, by reading this post.
Check out the other content resteemed by @resteembot.
Some of it is really cool!
thanks for sharing bro
Hello Nakedtrader, For novice like me, would request you to quote a buy at number.
TIA
My other blogs go more in depth about buy/sell zones
Please share with me.
Can you give me link for the same.
Just look at @nakedtrader and click on a blog talking about the coin you want to see. I post a new one each day, says support (buy zones) and resistance (sell zones) in them.