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This blog is for general informational purposes only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any currency/asset. Information in this blog has been prepared without taking account of the objectives, financial situation or needs of any particular investor. Therefore, investment products mentioned in this blog may not be suitable for all investors. Any person considering an investment should seek independent advice on the suitability or otherwise of a particular investment. In any event, past performance is no guarantee of future results, and future results may not meet our expectations due to a variety of economic, market and other factors.
Crypto Currency Technical Analysis:
- Downward Trendline Resistance ahead.
- Support level 0.0010 acted as strong base in June, July and now in September.
- I am expecting down trend breakout soon.
- Buying Zone 0.0010 – 0.0012
- Expected Target Zone 0.0025
- Spike on news followed by strong retracement to 61 % Fibonacci level from high.
- 61% Fibonacci retracement level acted as resistance three times earlier (expected to act as support now)
- Buying zone is 0.00008 – 0.00010
- Expected Target Area is 0.00016
- Range bound. Breakout is not expected in near future.
- Expected to hit lower limit soon before resuming its upward move.
- Buying area is 0.01
- Expected Target area is 0.02
OUR CURRENT HOLDINGS/TRADES/OPEN POSITIONS:
- SAFEX with target 500 satoshi
- Snt with target 1350 satoshi
- BCC with target 0.203 level
- Neo with target 0.0096 level
- Lbry with target 11000 satoshi
- TenxPay with target 0.00079 level
- Qtum with target 0.00285
- Monaco with target 0.0031
- Gbyte with target 0.077
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