In my last analysis I´ve seen one or two "Cup with handles" - but I was wrong. The crash in bitcoin has forced the price of BTG down and all trend lines have been broken. This is and remains the main risk for the next time! IF BTC won´t fall on deeper prices and IF it stabilizes then I see some good chances for BTG. first aim: fib retracement at 61.8%...
As nearly all other altcoins, BCH has made a rollercoaster curve. Its correlation to BTC is nearly 1, which means that each movement of BTC is followed by the movement of BCH in the same direction - but with lower momentum. The only case that BCH takes another direction than BTC is, when chinese and corean miners make their pump-and-dump game. I expect BTC to...
BTC has had a previsible crash and ended the first corrective wave A. The second wave (impulse) has already ended or will end in the next few days, before the third corrective wave C will occur. I am not an Elliott wave - specialist! But I think this could be the possible correction in the next days. For shorters good opportunities also for long positions -...
I tried to put the information into the graphic. If SAN can break out the ascending triangle and also cross the fib retracement, then it could rise further. Stop: on or below the last fib retracement
ETH is in bearish pattern. *note: it has to be PEAKS. See chart.
BTC has left the bullish path and I´ve expected it since several days and even weeks to fall. 1) Possibly we´re in the first correction wave A 2) If BTC continues to fall from now on then we see a second bearish pattern: S-H-S; this would confirm the negative direction 3) as #goldbug1 said futures are in backwardation 4) after a very long rush to always higher...
BCH has had a push from fib retracement 78.6% up to above the fib retracement 100. Volume has grown much - but not as much as november 09 to 12, when a lot of BTC-Traders pushed the price. From the first beginning of the actual movement at 38.2% BCH has made 190%! For the near future I expect some sidwards movement as shown in the graphic. If the price of BCH...
Even if I´m not a friend of Bitcoin Gold and I know the opinion of most of crypto-investors, that it could be scam, I watch this coin and think of investing in it with a small sum. Perhaps it´s negative correlated to BTC and in this case it would be a good opportunity to buy. What´s your opinion to BTG and to this analysis? Thank you!
I expect ZEC to go sidewards with small losses between the two lines of the green trend channel. From today to the next days it should continue its rise. Stop: Breaking out of the trend channel to the bottom and / or crossing through fib retracement 100% at 541$ Aim: 738$, Fib retracement 161.8%
Watch out friends! LTC has had an astonishing rise from 92$ to 350$. This makes 380% in only 5 days. This was possible due to a maximum volume coming in this altcoin (it has been listed at coinbase). Since the december 12 volume has fallen constantly and the price of LTC failed to supass the next fib retracement. It is now at the end of a symmetrical triangle...
After OMG has reboundes from the resistance line (fib level 78.6% ~ 10.85$) it has fallen through the whole fib zone till it touched fib level at 61.8% (8.59$). It has just reached an important zone: long ascending trendline coming from november 08 and the resistance line. If OMG has enough power to stay above (we´ll see it this day), then it could have rising...
SAN has tried to break through the resistance at old ATH several times and failed. In dayly candles one can see an ascending triangle, what is a bullish technical sign. SAN has left the positive trend channel- so the long term trend is broken. bearish: SAN breaks through the lower line of the ascending triangle; next support would be the fib retracement...
ZEC has reached new ATH and is still in the second trend channel (4h-candles). If it regains force and breaks through the channel limit then one can expect new highs. If it continue to consolidate - what I expect at the moment - then it´ll test the lower line of the trend channel. And this would be a good buy opportunity. A) bullish: ZEC turns immediately to...
HUI has touched the support line and has tested it twice. We can expect now rising courses to the fib retracement at 190 points. MACD: signal line triggered but weak RSI: turned to positive direction - 43 is not strong
Gold has broken out of the triangle and has fallen on the support line. There it has rebounded. Now I see a good buy opportunity. next aim is fib retracement and resistance at 1.280$
In my last analysis of BTC I mentioned the possibility that we´ve had already finished the fifth wave (EW). And the price has rosen to new highs. So, is the analysis completely false? I do not know the future - I´m not a prophete. So everything is possible: rising - staying - falling prices. I can imagine that a lot of investors and speculators wanted to see if...
Trade is still active! BCH could have made another course, following the pointed line to lower prices and touching the lower line of the trend channel. There has been some probability indeed that BCH could change direction before and trying to break through resistance at 1844$ (fib retracement 61.8%). We´ve had to wait and watch. Stop was recommended at around...
IOTA has had a long decline from its last ATH. It has broken through two support lines (now resistance). It has reached the lower line of the trend channel. But due to volatility one has to expect that it could cross the trend channel first and return beyond this line. Also I see a chance that the price will turn soon and try to break through resistance at 3.57$...