Crypto Coins Review for next week (Oct 9 - Oct 13) Day/Swing Trade opportunities
Quick scan on my favorite coins list (I know I am missing a lot in this list) tells me:
Stellar Lumens XLM (newly added to the list): soared. Found some support and is testing it. At 480 sats it has a huge potential in front of it specially if good news hit the streets.
Einsteinium EMC2 wants to go up, has good variables for that and is testing the low 2000s. As far as day trades go, we have a realistic potential of 10% in front of us that may or not pan out in the next 2 - 3 days.
AEON broke out yesterday, did some wild oscillations between 53k and 60k sats and looks like it is on its second breakout. Be careful there.
Internet of People IOP hit a lower high on 10-3 and is testing what we could call a higher low in relation to the low from 09-28. Right now it is in a tiny bullish run which judging by the amount so far (11%) and run speed, may yield into another slow bear decline.
NEO Overall things are going well for this giant candidate to be the next big thing. Certainly not the best for day trading, it is slowly setting a bull flag. We'll see where it goes, chances are UP.
OmiseGo OMG has had a bad bearish week. Approaching a possible support area between 185k and 195k it may or may not bounce we shall see. Not good candidate for day trading but still one of the top coins in the market.
ADX - The recent breakout yielded the incredible amount of 117% gains. Currently struggling to keep going up it is testing for the 3rd time the 26.k sats area and has good chances of people loosing faith in it and falling a bit. Stay out for day trades!
Digibyte DGB - Nothing surprises me in DGB anymore. It has been swinging around 300 sats, had an 8% bell curve up and down and honestly it is time to go up DGB! 50/50 chances here, good for a careful day trade.
FirstBlood 1ST - It looks like this coin likes the triangle bursts - quick rise and slow fall to a support line. Not on my day trading list at the moment but a good candidate for week long, possibly more, swing trades right now.
TenX PAY - After not bouncing back up at the 60k sats mark and frustrating my earlier analysis (tanked with a BTC dip), PAY has hit twice the 46k area. It is not showing clear signs of a bounce and if it goes under 44k sats we could see it tank for a longer while. Not for day trading at the moment.
RISE - same as PAY, if it does not bounce back up from 7300 right now and goes beyond 6400s, it may have a long hard time to get back up.
FunFair - FUN - This coin had interesting swings in September ranging from 30 - 50%! Currently closing the last major run up it might set up for the next wave in the coming week.
Basic Attention Token - BAT - This coin is a bit similar to FUN on its swings, but its waves has longer periods. Currently finishing a bear run of the last swing, it could set up for the next run up on the coming week.
LISK, LSK - After an incredible 262% run up in mid-August, LISK swing wildly to finally give up and go down. Currently close to hit the 50% fibonacci retracement line, we could easily see it go to 98k sats in the next week. Volume though has caught the attention of a lot of people, certainly I am not taking this off of my list.
Trade wisely, be patient, have a plan, entry and exit points very clear before acting. Plan B and C in place.
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BTC - 1Mi8GX4yffe7MBbmtuaFKKfzKYtj9ggfLS
ETH - 0xC25Ad8dA5B3a3FBb5fD3822df76eF8A10e155395
NEO - AcBASSHQutkRuDUWFRxy9TkQFQUTk58vFb
DGB - DUBgmJ3uQz2ChmcZ4PJRqiQcSFDf5xcDir
This is not financial advice!
Invest and trade at your own risk. NOBODY is right all the time. They only have to be right a few times and have a great strategy and risk management to make money. Be careful, invest at your own risk.
Crypto Day Traders Club
is a Facebook group I created for likeminded individuals who are serious about day and swing trades. Not a place for people looking for easy ways to make money. There people work hard to make their buck, good bucks. We share trading insights, techniques, opportunities. Fundamental and Technical analysis ideas and facts. Always backed up by accordingly explanation, no posts or comments that don't add value to the subjects discussed.
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