Bitcoin :- Hourly Chart Update
A falling wedge is currently in place and prices are trying hard to breakout and move upwards to levels closer to 9500.
If we are able to close above the downward line or above 8925 in the next 30 mins then we can head towards 9450 levels shortly.
Bitcoin Gold :-
Prices have broken out from the channel as we predicted back in the day and has moved from levels closer to 75 all the way from 45.
We can now see a bullish momentum for all the bitcoin forks and if Bitcoin Gold is able to hold 77 we can see 114 levels coming soon.
New Ascending Triangle in Place.
Upon a breakout from the levels of 9074 we will see prices moving towards our new target of 9544 in the shorter time frame.
Prices are looking to consolidate as volumes have been dry on the hourly charts and seems like volume + price green bar would be seen soon.:+1:
Bitcoin is within an ascending triangle and prices have consolidated near the upward ascending trendline.
A closing on the 1 hour chart above 8970 would head prices up to 9450 within the next 12-24 hours.
Keep your stop loss at 8750.
Ripple (XRP) :-
Ripple has been a stellar outperformer in the current upmove and as you can clearly see we had a big upward breakout from these levels above the 200 day moving average.
This breakout is supported with a hell of a lot of volumes and prices are heading back to our target set at 1.09$.
Prices yesterday first faced their resistance at levels closer...
Verge (XVG) :-
Verge is currently within a cup and handle pattern and the price is trading within the parallel channel to the downside.
A breakout from this channel will open the door for the further upmove all the way up to 0.14 cents.
A 100% move from here is warranted upon breakout.
Zcash (ZEC) :-
Zcash has broken out of the falling wedge pattern which matched with our zone of support as shown in the green rectangle on the above chart.
Target is placed at 513 as shown on the chart.
Time Period :- 1-2 Months from now
Bitcoin / Dollar :-
On an hourly chart the prices have taken support at 61.8% Fibo.
A new short term target gets activated once bitcoin breaks above 9039.
Target upon breakout from 9039 is 9341.
Visible on the chart is the Fibo Target as drawn.
1.Falling Wedge Breakout and Target Achievement is currently in progress.Price have taken support at the daily demand zones of 2.504.
2.Volume support on the green candles are visible too and moving averages are currently supporting the price upmove.
A break above 2.92 would take us to 3.5 in the next few candles
1.Bitcoin has broken out of the inverse head and shoulder on daily charts which confirms the move to the top once again.
2.Price have broken above the downtrend line which set the bear market in trend at the first.RSI breakout also took place on charts.
3.An extremely important factor is the bullish engulfing currently in place coupled with moving...
Bitcoin Traders Update :-
Bitcoin has broken out of the falling wedge with rising volumes and has activated the target of 8400 in the short term.
Trade Long with a target of 8400 and a stop loss set at 7885.
Bitcoin :- Traders Update
Bitcoin on the hourly chart is trading within the parallel range and price have taken support at the lower end.
A big green bullish bar with higher than average volumes would signify a move higher to the upper levels of the channel which would meet up at 8500.
The bear market downtrend line has been broken and price have faced resistance at the weekly supply zone of 392.
Prices jumped up from levels of 277 to 380 in one upward leg without halting.
A smaller time frame correction/retracement is healthy for dash to begin its upward trajectory.
Wont be long before we see prices back above 1k.