History repeats NEONeo looks like it bottomed out. In the past it did really similar moves before moon.
ALT
VERTCOIN - Unsustainable growth?Recently we have seen parabolic growth in Vertcoins value, there has been no very relevant news that could have influenced this increase, however, they recently announced their currency will be available on the 'Ledger Nano S' wallet. Beside the fundamental standpoint when we take into account the technical view we can see that VTCBTC is following a previous pattern. I understand that you should not use past events to predict the future in trading but it should be taken into account and looked at carefully.
Vertcoin is looking to recover back to the support line where you should look to accumulate unless it continues to drop you can re-think your position at a lower price, this is fairly unlikely and the growth should continue towards the resistance once the support has been hit.
Orange Line - Resistance levels.
Purple Line - Support levels.
As always, trade accordingly. Good luck!
ETHEREUM - Inverted Head & Shoulders + Support and Resistance. Despite Bitcoin's recent upsurge in price, altcoins and Ethereum seem to be staying relatively stable and unaffected by the BTC's rise. From what I have been able to indicate Ethereum is still bullish, forming an inverted Head & Shoulders pattern if we can break this resistance we could be heading towards the $340 - $350 mark. However, there is still room for a slight pullback to the support level before a run-up may occur, if Bitcoin loses some value we could see Ether's price reacting positively as people tend to diversify their money into other cryptocurrency's to prevent losing money from a sell-off.
Orange Line - Resistance levels.
Purple Line - Support levels.
As always, trade accordingly.
BITCOIN - Short term loss projection. Bitcoin is following a similar trend to what has happened in the past, unfortunately, we can not use that to predict the future value, however, it should be noticed and taken into account. From what I am noticing a short-term sell-off could occur to send bitcoin around the low level $5,000 price, where you should be accumulating.
As for the good news, it is rumored that Amazon may be implementing Bitcoin into their services, if this was to happen the price would absolutely skyrocket, there has been no official announcement but keep it in mind. The only problem I have noticed with this is that the Bitcoin transaction fees may be too high to purchase cheap or regular items from the website.
Resistance Lines - Orange.
Support Lines - Purple.
Basic Attention Token - Are we bottoming out?We seem to have hit a floor for BAT, unless the currency continues to drop below the support line. It has recently seen a large sell-off due to Bitcoin's parabolic movement, however, I suspect money will flood back into alt-currencies once Bitcoin has finished hard-forking.
Orange - Resistance.
Purple - Support.
Trade the lines accordingly.
OmiseGo - Curve trading. This looks pretty crazy, OmiseGo has been awaiting a breakout for a while now, we may see a short-term decrease once again (Due to Bitcoin), however, once money comes back into the alt-coin market we should see a rally upwards.
Trade the lines accordingly.
The sad case of Stratis.Stratis has recently been taking a beating from the market, with no relevant news to boost its price the currency has run itself into a sell-off. I do expect there to be an uptrend on this currency, however, I see this as a very long-term opportunity.
RIPPLE - Awaiting a breakout?Nice look on Ripple's graph, we could see a drop to the support where it will either reverse to the resistance or continue a drop. Trade the lines accordingly.
Orange - Resistance.
Purple - Support.
LITECOIN - Time to break resistance.Litecoin is looking strong, we have a resistance level coming up if breaks the horizontal green lines indicate potential targets.
Orange - Resistance.
Purple - Support.
STEEM Major resistance.Nice support on Steem, we recently had a large increase which will correct if we go below the support line. We need to break the first resistance in order to continue the upsurge to the second one.
IOTA MAY SURGEIOTA is looking fantastic, support and resistance is perfect. It might be a good idea to set buy orders at the support, be careful it does not break, however, this is probably unlikely.
IOTA - MAY BREAK RESISTANCE!! beautiful curve support.Watch out for IOTA, we have a strong curved support which may help it break the next resistance.
Orange - Resistance.
Purple - Support.
OMISEGO - A quick 20%?Set some buy orders to in case the resistance breaks, we may see a slight decrease right down to the support before we push through. Target, 20%+.
TENX - Steps for trade.TENX is heading to its support, you may want to think about placing buy orders around this level as it is likely to head back up to resistance.
Orange - Resistance.
Purple - Support.
Litecoin.Litecoin accumulating under 60% of its recent high, could be a good entry point.
Orange - Resistance.
Purple - Support.
