From nowhere to the top and back to the base, almost! Ripple is fundamentally solid coin, infact so solid that its almost not even a crypto currency!
The chart doesnt need much commentary, buying zones are defined with golden lines, this a low risk trade, stoploss is 0.54 closing with target anything from 1.15 to 1.45.
Happy trading :)
ETH USD has seen this Moving Average fight so many times, its habit now!
Once again, the price is stuck between 9 and 21 MA, and I expect a big green hefty candle in next few days with volume. ETH is set to have another home run, both technically and fundamentally. With ton loads of multi 100 million USD ICOs coming up, we can expect the demand to go higher. Many...
Its not the first time that BTC has fallen sharply in no time, pain is slightly more vocal as more people jumped in at a very high rate due to unnecessary media hype and some high level manipulation. But its natural, matter of fact is that majority makes losses in any asset class, that portion of majority is even higher in cryptos.
So, BTC has fallen off the...
Again... doing this in a rush... I feel safer buying here than yesterday though. Similar, or pretty much the same targets from yesterday. Expecting some resistance at 230 again, probably take profit there. Stop if 180 fails as support. Should have posted this before going to sleep, but I was tired and woke up to do some other stuff.
Well, needless to saj. The DAO quite disrupted our pan there... Pah!
I do not share the overly negative reactions to this pretty much "minor" (in crypto standards) incident which has been managed and handled very professional by the Ethereum developers. Nayways, ATH is obv canceled in the projected time period. Quite the contrary, values in the low 1400s seem to...
Just as the ETH, the BTC chart suggests an incoming decision point followed by a major breakout. In this case here it is between moon up to 547.00EUR or harsh decline at least down to 450.00EUR.
Time will tell...
So, the almost unimaginable did happen. The ETH bull died... R.I.P.
No idea how we get there (the blue path is just a rough idea), but we must expect at least a double bottom in the low 1500s. Til then this is a short-the-bounce scheme.
Looks like we have some a break out (although not 100% clear) on the 4h.
Moreover, the last dip makes up for a possible bottom since it met a) the lower end of bull channel and b) the lower end of linReg(50,200).
It is not a clear hit, what could mean it takes another shot at it, but the bottom might be in here already. Especially, in the light of Bert...
Sooo, weak... On top, we have another significant spike of "days destroyed" >>>
While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any...