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IvanLabrie
May 20, 2017 4:07 PM

XBTEUR: Update and potential weekly target Long

Bitcoin / EuroKraken

Description

In this chart I examine the trend since BTCEUR bottomed after the Bitfinex hack induced correction. The weekly chart reveals an uptrend time and price target that can guide us in the coming weeks. It appears like we can reach a peak in sentiment and consolidate or get a correction after we reach this zone in the next 2 weeks.
The daily chart will guide us in the next few days, keep an eye on sentiment and news stories related to BTC.

Best of luck,

Ivan Labrie.

Disclaimer: I'm holding longs in BTC among other cryptocurrencies.
Comments
JorgeNunez
This a great chart Ivan. Thanks!
IvanLabrie
@JorgeNunez, welcome! Good luck mate.
sjesul
Trade still active? and will correct to 1600 or lower?
IvanLabrie
@sjesul, No, check new posts. Cheers.
aandp4life
how you like being able to trade EUR/XRP?
Profit trading
IvanLabrie
@aandp4life, sorry, I don't quite get that message. Can you clarify?
aandp4life
@IvanLabrie, More Euro to crypto choices to trade... like EUR/XRP
IvanLabrie
@aandp4life, a lot of exchanges added XRP pairs, yeah. Good, but it might be a signal of hype.
aandp4life
@aandp4life, only can trade USD pairs here in USA
IvanLabrie
@aandp4life, it doesn't make a big difference, just trade at whatever exchange you like that has high volume. I would reccomend keeping most of the coins off exchange though, like in a hardware wallet.
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