Luettis

Luettis

this is an update to my older ETH-analysis; it´s not totally new but adjusted In the past days ETH followed - with some up and down movements - the third impulsive wave (EW) Where will it end? I suggested it could be around the fib retracement 161.8% - and there we are. Of course I can be wrong and ETH will continue its rise. If ETH breaks the resistance and...

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The german government bonds (REX) have risen years and years due to ever falling interest rates. They have finally reached a ridiculous level. Who would lend the government money without asking a certain sum for the taken risk? Only in a world of no risk - given by the european central bank policy - one would give money and attending nearly zero gains. But these...

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ETH has had difficulties to break through the fib retracement at 78.6%; but in the night (january 01 - january 02) it broke through and has had a rush to the next fib retracement 100% (old ATH). This movement was accompanied and caused by high volume. It led - as mentioned - to the older ATH and at this point lost its momentum. The price is now in a...

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Ripple has had - until today - a very good run and it seemed that only the sky is the limit. But at noon the situation has changed and we see the beginning of a small correction. XRP has reached a new ATH - what it has done regularly in the last days. So nothing new. But what has changed are the indicators (1h-candles): ADX ADX has surpassed the climax and is...

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The course has touched 5 times the restance at 22980 points. This is a negative signal! The course is now expected to fall down until the lower line of the ascending triangle. Will it be strong enough to stop the downtrend or will the fall continue? In total the course of NIKKEI is in a positive trend channel (green) and even if it falls under the lower line,...

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IOTA is just about to break the support-line at 3.83$. This is also the fib retracement 61.8%. If it breaks the support we can expect a further downtrend in direction the lower limit of the descending trend channel! Indicators are signalling a weakening situation, RSI below 50, MACD triggered from top to down, ADX and DI near 20 - no significant trend! Only with...

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SAN has broken the descending line and then followed it until 21.00 (utc+1). At this time the price has begun to rise. I waited one more candle (4h) for confirmation and stepped in. next aim: old ATH at 6.91$ - if trend stays positive then it is possible to continue to fib retracement at 161.8% stop at 5.52$

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Elliot Wave Theory and Fib Retracement leads us to the result, that the course of the index is in its fifth (motive) wave. As the fifth wave can have 138% of the first wave this leads us to approximate 16.450 points. At 16.540 points we find the fib retracement 138.2% - so this is probably the end of the fifth impulsive wave before we get an ABC correction. The...

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Since 2017 december -11 Ripple has had an awesome rise - one could say a ride to the moon. And the trend isn´t broken yet. I´m not a fan of this coin, because of its centralised blockchain and the possibilities it gives to the banking system. But to be honest, this coin has big potential - even to become the most wanted coin, taking place No 1 from Bitcoin. All...

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OMG has nearly formed the pattern "cup with handle" - what is a bullish pattern. the right end of the "handle" should end at the fib retracement 1 (ATH). The price would then continue to rise further to new ATH. aim: fib retracement at 161.8% (31.83$) stop at actual support, fib retracement 78.6% (~18$) MACD: neutral - negative RSI: in positive terrain but...

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BTC has formed a shoulder - head - shoulder pattern. The right shoulder has been the beginning of the first corrective wave A. A new a-b-c pattern formed a second left shoulder, followed by the 2. head what was the end of the impulse wave B. BTC is now in the third corrective wave C and has formed in the same time the 2. right shoulder. I expect the end of wave...

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IOTA has crossed fib retracement 61.8% and continued til upper limit of trend channel. Today it has tested this resistance. If it can break this line, then it could climb up to the next fib retracement 78.6% (4.70$). It is also possible that the price bounces back into the trend channel and in this case it could fall back to the resistance at fib retracement at...

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DASH has broken the descending line coming from the last ATH. MACD up, RSI rising, Volume medium aim: fib retracement at 61.8% (1.178$) support at: fib retracement 38.2% (920$)

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In my list out of 13 cryptocurrencies the only coin going up is Ripple. BTC / BCH / ETH / BTG / LTC / NEO / XMR / DASH / ZEC / OMG / SAN / IOTA - all falling! Why is XRP climbing while other big cryptos are falling? Is it because the ripple-blockchain is not decentralized and hence the preferred blockchain of the banks? Or is it because investors are changing...

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I´ve shown a graphic pattern which I can imagine to occur - if BTC won´t crash at new in the next few days. (what is likely to happen at all) But as we could recognize BTG is not correlated to BTC 1 : 1 - so there is a little independence of the bigger brother. other indicators (4h-candles) neutral to negative: MACD:< 0 but triggered and climbing RSI: <...

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ETH follows a similar chart pattern as BTC. Their correlation is quite high - at the moment. As I expect BTC to fall in the next days, ETH also will fall to deeper prices. First support would be at fib retracement 61.8% (637$) - which would also finish the shoulder - head - shoulder pattern. IF the support can´t halt the movement then I expect the course to fall...

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Ripple hasn´t made the same movement as BTC and this is good news. The correlation between these two coins is near zero. Ripple is a good alternative / combination to BTC and its spin-offs (hardforks). When the whole market is in bearish sentiment then also Ripple is vulnerable to the negative dynamic. Therefore I wait for two possible reactions: A) XRP stays...

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No I´m not an Elliott wave-specialist - I´m just learning this sort of analysis. What is elementary for EW is volume and liquidity. And I think only the 5 top-cryptocurrencies have enough volume and liquidity for EW-analysis. When I take a close look to the development of ETH-course I can identify a 5-wave cycle (impulse) and the beginning of a 3-wave cycle...