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Breakouts Against Bitcoin (ADX, FCT, POT, THC, XMR, XMY)

Here are a list of altcoins that broke out against bitcoin during the 11/6 global session. The plan is to wait for pullbacks. 

AdEx/Bitcoin (ADX/BTC)

courtesy of Tradingview:Bittrex

courtesy of Tradingview:Bittrex

  • Price seem to have found a temporary bottom as price broke above the consolidation range resistance around 12150.
  • Would like to wait for a pullback towards 12000.
  • I would also monitor the RSI especially if it is approaching 40. 

Factom/Bitcoin (FCT/BTC)

courtesy of Tradingview:Bittrex

courtesy of Tradingview:Bittrex

  • Factom/Bitcoin had a pump Nov 2-3. Price has since retreated.
  • Since then, the 1H RSI stayed above 40, a good sign for bullish momentum.
  • The retreat found support around 181000 Satoshis. 
  • It has since popped up a consolidation range.
  • I am waiting for pullback towards 200000 with the RSI back near 40. 
     

PotCoin/Bitcoin (POT/BTC)

courtesy of Tradingview:Bittrex

courtesy of Tradingview:Bittrex

  • This is the picture definition of pump and dump. 
  • But it could be setting the tone for a higher support level than where it has been for the past month, (just above 1000, but mostly below 1500)
  • Waiting for pullback towards 1500 and looking for RSI to be around 40. 

HempCoin/Bitcoin (THC/BTC)

courtesyof Tradingview: Bittrex

courtesyof Tradingview: Bittrex

  • This is a strong pump with good volume, but there is a dump now. 
  • Preferably I want wait out this dump, to see price around 210-220 with the RSI around 40.  

Monero/Bitcoin (XMR/BTC)

courtesy of Tradingview:Bittrex

courtesy of Tradingview:Bittrex

  • Monero has been consolidating for a few days before a bullish breakout with healthy volume.
  • There was no immediate dump, which is also a good sign. 
  • Still, we might see some consolidation. If so, I would like to buy on a dip.
  • Looking for price to return to around 0.01260 BTCs, while the RSI returns to around 40.

Myriad/Bitcoin (XMY/BTC)

courtesy of Tradingview:Bittrex

courtesy of Tradingview:Bittrex

  • Breakout after a week of consolidation under 37-38 satoshis.
  • Price tagged resistance around 45 satoshis.
  • Now we wait for pullback to 37. 

Ethereum (ETHUSD) Might be Gearing up for a Breakout

WTC/BTC Near-term Bullish Breakout Play