Connect with us

Recommendations

Trade Recommendation: DigiByte

Published

on

The market gives a swing high which can be used for placing buy orders and joining the main uptrend. MACD histogram supports the upward movement and if the price moves above the local swing high, we’ll get an additional bullish signal. Entry level is 0.00000500 with stop orders below the local swing low at 0.00000340 level. Profit targets are 0.00000600 level for short term trading and 0.00001000 level as the main target. The part of trade volume also can be left for long run. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Market: DGBBTC
Buy: 0.00000500
Stop: 0.00000340
Profit Targets: 0.00000600 and 0.00001000

// -- Discuss and ask questions in our community on Workplace.

The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in DigiByte.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is concidered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...



Feedback or Requests?

Recommendations

Trade Recommendation: Bitcoin Cash

Published

on

he price is at a strong support zone formed by the uptrend line from the daily time frame and 2000.00 support level. RSI reached the oversold zone and it is going to confirm possible price reversal. The same goes about a reversal candlestick pattern. The price can bounce from this zone and give us a good trading opportunity. We can try to catch possible upward movement placing buy orders at 2135.00 level with stop orders at 1725.00 level. Profit targets are 2550.00 and 2950.00 resistance levels. The part of trade volume can be left for long run. The market is more unpredictable now and using stop-loss orders and proper risk management strategies is strongly recommended. If you don’t use leverage, trading volume for this trade is up to 5% from your deposit.

// -- Discuss and ask questions in our community on Workplace.

Market: BCCUSDT
Buy: 2135.00
Stop: 1725.00
Profit Targets: 2550.00 and 2950.00

The trading signal is based on Bittrex chart.
Disclaimer: The analyst does not have investments in Bitcoin Cash.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //
Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is concidered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...



Feedback or Requests?

Continue Reading

Recommendations

Trade Recommendation: Bela

Published

on

Bela’s bullish run came to a screeching halt less than a week after the Bela/Bitcoin pair generated an all-time high of 0.00018 on April 8. The market registered a lower high of 0.00016405 on April 14. Since then, Bela tumbled as it struggled to defend key levels such as 0.00007 and 0.00004.

// -- Discuss and ask questions in our community on Workplace.

The market finally established support at 0.000009 on December 7. From Bela’s all-time high, the market lost 95% of its value in about eight months. While that’s an astronomical loss in value, it gives new investors an opportunity to buy the bottom, which limits risks and offers significant rewards.

Technical analysis reveal that 0.000009 is the bottom, as the market was able to generate a true bounce at this level. The pair went from 0.000009 to 0.00003975 in about a month – a 341.67% increase in value. With such a rapid climb, it’s only healthy for the market to retreat. This is a good opportunity for you to enter, and buy cheap.

The strategy is to buy as close to 0.000025 support as possible. The pullback is only temporary. Once the selling is over, the market will attempt to breach resistance at 0.00004. Take out that level and we have a target of 0.00007.   

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Daily Chart of Bela/Bitcoin on Poloniex

As of this writing, the Bela/Bitcoin pair is trading at 0.00002716 on Poloniex.

 

 

Disclaimer: The writer owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is concidered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...



Feedback or Requests?

Continue Reading

Recommendations

Trade Recommendation: Stellar

Published

on

The price is at 0.50 support level. The reversal candlestick pattern gives a signal that the price can bounce from this support. RSI drops to the oversold zone and it can support the possible price reversal. The double bottom chart pattern also tells us about a trend reversal. MACD and DMI confirm further downward movement. Presently, we have weak signals for opening long positions. If you can take high risk, the current price is very good for buying. Entry level is 0.52 with stop orders at 0.40 level. Profit targets are 0.70 and 0.90 resistance levels. If you would like to get more solid signals confirming the price reversal and further upward movement, it’s better to wait for a breakout above the downtrend line and as additional signal, a breakout above the high of the double bottom pattern. Don’t forget that the markets are not stable now and they can drop lower. Stellar can reach the next support at 0.30 level. That’s why using stop-loss orders and proper risk management is strong recommended.

// -- Discuss and ask questions in our community on Workplace.

Market: STRUSDT
Buy: 0.52
Stop: 0.40
Profit Targets: 0.70 and 0.90

The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in Stellar.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //
Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is concidered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...



Feedback or Requests?

Continue Reading

Recent Comments

Recent Posts

A part of CCN

Hacked.com is Neutral and Unbiased

Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com.

Trending