Short-term targets are at $4168, if we see a price drop to $3517, the low of wave 4, this forecast will change. More discussions on cryptocurrencies in the closed channel.
We are sticking to our main scenario in Bitcoin and expect a rise in wave (iii) with a target of $35346. A drop in price below $23614 cancels this scenario.
Our priority scenario in Bitcoin remains the same. BTC price decline in wave 2 looks almost complete, the most probable scenario is the start of growth in wave 3 to $35311. In case the BTC price falls to $22824, this scenario will be cancelled.
Our priority scenario in BTC is continuation of growth in wave (iii) with target 33311$, most likely growth to the targets will start from 24000-25000$. If the price goes below 22824$, this scenario will be cancelled.
Oil rose sharply after news of production cuts. While "news-driven" price reactions are often volatile, we are inclined to continue rising for Crude Oil. Our priority scenario is to continue rising from the low of 64 into the 86 range. Support is around 78.85-77.10.
Our priority scenario in NG is a pullback of the price in wave 4 to $3.5. A slight decline before the rise is possible, but not below $1.423. Resistance at Friday's high of 2.24 should (ideally) remain unchanged until wave B is considered complete.
Our priority scenario in NG is a pullback of the price in wave 4 to 3.5 $ after which, most likely, NG will go to the final descending wave 5 and the price can come to 1.5 $, but not below 1.423 $
Our priority scenario in ETH is a rise in wave 3 to $1903. In the event of ETH falling to $1,500, our markup will change.
Our priority view in ETH is the start of a strong upward move. The first upside targets are at $1,747. Should ETH fall to $1370, this scenario will be cancelled.
ETH reached the $1408 target and halted the decline. Most likely, the downward wave (ii) is complete. As soon as the rise starts and we identify short-term targets, we’ll let you know.
Our priority scenario in ETH is a decline in wave (ii) to $1487, possibly lower to $1408. In case of a rise above $1,600, this scenario will change.
Our priority scenario in Litecoin has changed after yesterday's drop below $90. We still believe that LTC will continue to rise in wave 3 above $105.57, shorter term targets we will be able to determine after the correction is over. A drop in price below $81.76 cancels this scenario.
Our priority scenario in Litecoin remains the same: Growth in wave 3 is developing and this move could lead prices to $105.63 and higher. In case the LTC price falls below $90.04, this scenario will b
Our priority scenario in LTC is the continuation of growth in wave (3). Prices can come to $105.63 in the next few days. The mark of $90.04 is the level of cancellation for this scenario.
XRP stopped the decline in wave 2 at $0.37105. We have assumed this in our priority and so we will continue to follow it. Wave 3 has quite high upside potential and we might see a strong rally next week. The first target remains the same, which is $0.42201. In case the price falls below 0.37105$, the upside scenario is likely to be cancelled. We’ll continue to...
XRP continues to decline in wave 2 and in our view this wave is almost complete. Our priority scenario remains the same: A rise in wave 3 could take the Ripple price to $0.42201. If XRP price goes below $0.37105, this scenario will be cancelled.
Our view on Ripple has not changed. We still believe that after the pullback the growth in wave 3 will start with the targets of 0.42201$. The fall of the price below 0.37105$ cancels this scenario.
Our priority scenario in XRP has been adjusted. The basic direction and the target remains the same. The form of correction of decrease in wave 2 has changed, and the further rollback of the price is possible, but not below 0.37105$. This mark is the cancellation level for the upward scenario. After the completion of the pullback, we expect growth in wave 3, this...