Zcash ZEC Mining Success Stories
ZCash (ZEC) 0.080000 ZEC: 0. We have seen many success stories on YouTube and we’re sure that the. We don't only limit ourselves to cloud mining.
The correction in Bitcoin on Monday, the IOTA and Bancor ICOs, and the strong rally in Ethereum all caused volatility in small cap coins in recent days, and several of the rising stars registered deep corrections. That said, some of the most bullish coins are already trading at or near new highs, and all in all, the broad bull market is still intact. While both BTC and ETH are still on a correction warning because of, we expect a strong recovery from the up-and-coming coins. We will take a look on five of the most promising currencies today. // -- Discuss and ask questions in our. Zcash (ZEC) ZEC/BTC, 4-Hour Chart Analysis ZEC rallied strongly on both the USD and the BTC pairs after breaking out above the key resistance near the 0.115 level on the ZEC/BTC after a long consolidation period.

The coin hit our targets on the USD pair at $350 and $380 and shot over $400 as well. We expect a short-term correction in Zcash, but it should stay above the 0.14 level on the BTC pair, with the $340-$350 zone providing a good entry point for short-term traders in the USD pair. ZEC/USD, 4-Hour Chart Analysis. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace.
-- // Bitshares (BTS) BTS/BTC, 4-Hour Chart Analysis BTS is in consolidation mode after its epic rally, as it fell as far as the 50% retracement level on the BTC chart. The coin surpassed our prior targets of the break-out by a mile, hitting 0.00175 last week. We expect further consolidation before another move higher with a drop the 0.00009-0.00105 zone in the process. Stratis (STR) Stratis/BTC, 4-Hour Chart Analysis Stratis is on a buy signal after a correction that re-tested the 0.00215 support.
Further correction in Bitcoin could still drag the coin down below 0.00325 BTC, but it remains bullish above 0.00025, with the rising long-term trendline and a strong support/resistance level converging around that level. The MACD is neutral and we expect Stratis to outperform BTC in the coming weeks, with targets at 0.0055 and 0.0065. Steem (STEEM) Steem/BTC, 4-Hour Chart Analysis We expect further consolidation from Steem as well after the 300+% advance in May, with at least another test of the 0.00075 level and the rising short-term trendline. Another key level is found just above 0.00065, which would be an ideal entry point for long-term investors, should the correction reach that level. Factom (BTS) Factom/BTC, 4-Hour Chart Analysis Factom is looking bullish on the BTC chart after a deep correction that carried the coin back to 0.0085 support. A pull-back towards the 0.010 level and the rising short-term trendline would provide a good entry point for a short-term trade. We expect the 0.0075-0.0085 support zone to hold even in the case of a deep correction, giving long-term investors an opportunity to enter the currency.
Long-term targets are found at 0.015 and at 0.01725. Featured image from 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. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom. 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 considered a failure either way.
( 0 votes, average: 0.00 out of 5) You need to be a registered member to rate this. 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. Trade recommendations and analysis are written by our analysts which might have different opinions.
Read my 6 Golden Steps to Financial Freedom. 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 considered a failure either way. ( 20 votes, average: 4.75 out of 5) You need to be a registered member to rate this.
Friday Market Recap Asset Current Value Daily Change S&P 500 2762 -2.12% DAX 12,785 -1.65% WTI Crude Oil 65.14 -1.14% GOLD 1333.00 -0.98% Bitcoin 8505 -4.12% EUR/USD 1.2461 -0.32% A very busy day indeed Traditional financial markets had one their busiest days in recent memory, as stock markets spiraled lower throughout the session, with the major US indices losing around 4% so far from their all-time highs set in January. European and Asian stocks continued lower too, and that lack of rotation could mean that more downside is ahead of us. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. -- // The sell-off was also worsened by the less than stellar earnings reports from Google parent Alphabet and Apple, and even the blow-out numbers posted by Amazon weren’t enough to turn the tide. The pronounced weakness of Chinese assets is also weighing on sentiment, and given the size of the credit bubble in the country, investors should pay special attention to the developments. The Volatility Index (VIX) is another major risk factor, as the short-volatility strategies that have been dominant in institutional investing lately could quickly implode in the case of a serious equity correction, and in turn, they could even lead to a crash if all players run to the exits at the same time. VIX, 4-Hour Chart Commodities and currencies had a hectic but less dramatic day, as the Dollar gained back some of the lost ground of the recent weeks, while gold received a slight blow from the jump in yields, and oil retreated from its highs again.
Fastest Electroneum ETN Miner 2018. That said, the EUR/USD pair is still at $1.2450, gold just pulled back to $1335, while the more volatile commodity-related currencies, such as the Aussie and the Canadian Dollar lost a bit more than 1% today compared to the Greenback. EUR/USD, 4-Hour Chart Analysis Cryptocurrencies The crypto segment was in today, at least as far as the early part of the session is concerned. The major coins all tested or breached their previous correction lows, losing more than 20% on the day and being cut at least by half compared to the all-time highs. BTC/USD, Daily Chart Analysis As the largest coins all followed the movements of BTC, the turning point came when the most valuable coin hit the $7650 support after an obvious forced selling episode. BTC surged 15% off the lows, with some of the altcoins scoring even larger gains, and with the long-term setups in the segment being oversold, these could mark the end of the current cycle for most of the digital currencies. We will cover the sector’s long term outlook in our usual weekly piece during the weekend. Featured image from 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.
Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom.
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 considered a failure either way. ( 6 votes, average: 5.00 out of 5) You need to be a registered member to rate this. // -- Discuss and ask questions in our.
With all that in mind, short-term trades should still expect wild swings and high volatility, but could add to their holdings in the already oversold coins on the short-term sell-offs. Bitcoin turned higher during today’s bounce almost perfectly form the $7650 level that we have been monitoring as a possible target, but as the downtrend is still intact, another test of that level or a spike below it is not out of the question. That said, the long-term picture is now clearly oversold, and the short-term setup suggests a durable bounce too. Resistance is ahead at between $9000 and $9200, and at $10,000, while primary support below the lows is in the $6750-$7000 zone. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. -- // BTC/USD, 4-Hour Chart Analysis Ripple plunged all the way to the $0.68 support during the crash, and now it is hovering around the prior low near $0.85.
The coin is oversold from both short- and long-term perspectives, and we expect a durable rally in the coin soon, with resistance levels ahead at $1, $1.25, and $1.5. Below $0.68, the only significant support is found at $0.42. XRP/USDT, 4-Hour Chart Analysis. 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. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom. 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 considered a failure either way. ( 17 votes, average: 5.00 out of 5) You need to be a registered member to rate this.