Luettis

Luettis

The HUI has broken out of the ascending triangle and I expected it to fall further. But it stopped and turned - perhaps the index of the goldmines will return to the triangle. The time cycles show that around this point(+- some bars) one can expect a change in trend, as it has been in the past. The fibb retracement is now resistance and has to be broken if HUI...

Luettis

BCH has arrived the point of decision. Will it go up or down?

Luettis

IOTA has had a decline from 1.10$ to 0,32$ - very hard for the community of IOTA and tangle fans. After the hardfork of BTG life came back and volume rose. News say that the german foundation WINHELLER will now support IOTA - these are good news. Price of IOTA jumped up to 0.50$, where we find a fibb retracement 23.5%. For three days the price consolidated at...

Luettis

Sometimes one has to lay back and take a new look on the charts. Because we want to has happened an event (or not) - but reality dosn´t follow wishes. In this case I was clearly wrong with my analysis about BCH (cup with handle). I cleared all my signals and drew new ones. And this gave new light on BCH trend. I stay positive but with other arguments. First my...

Luettis

3 rising valleys

Luettis

Dash in symmetrical triangle. If the price falls under indicated line (see chart) then it is recommend to sell. MACD: trigger line (blue) under signal line (orange) - negative and falling RSI: above 50 and climbing - positive trend The fibb Retracement 100% (411$) line is now support, there are few chances that DASH will stay above. At the moment an invest...

Luettis

Cup with handle BCH next try for breakout?

Luettis

What do you think. Is it a bullish pattern with a pennant triangle? Or do we attend a longer correction to the next fibb levels?

Luettis

Ethereum follows a tringle pattern. In the last days a symmetric triangle has follewed up. MACD is neutral to bullish an RSI is also neutral. Ethereum has not been infected from the movements of bitcoin and bitcoin cash (only shortly for several days). The result of the symmetric triangle should be an outbreak to the top. On the other hand, the support level...

Luettis

It seems that ETH has no clear trend Prices, RSI and MACD are moving sideward No reason to get in now - only if you want to accumulate Ethers.

Luettis

DASH as other altcoins has had a long and bad time with falling prices. But similar to what I mentioned at IOTA it seems it could now break out of its negative trend channel. Watch chart: positive signals in fibb retracement, volume, MACD and RSI. From now ( ~300$) up to 340$ (fibb level 61,8%) and even 370$ (fibb level 78,6%) good chances.

Luettis

IOTA stayed for a long time in a negative trend channel. Every try to break out was stopped at neither fibb level or even earlier. For IOTA-Investors a very hard time. But now it seems that IOTA can regain strength. It has shortly left the trend channel AND stayed outside since then. MACD ist strong. Trigger-Line above Signal-Line and rising. RSI in positive...

Luettis

Analysis of DASH shows that the price is converging the fibb retracement at 23.6% - nearly as a logarithmic curve. I expect that this level (around 260$) is a strong support and prices will remain above. Perhaps good opportunity for long-term accumulation of some coins of DASH?

Luettis

BCH is in a positive trend channel. But one has to be aware, if the trend channel is broken. If prices won´t continue their rise, then it is possible and more likely that we´ll have a little pullback to lower fib retracements. Can´t say for the moment if this would be a good opportunity to accumulate more coins or if the short rallye ends.

Luettis

Prices between 298$ and 288$ are buy-prices to accumulate ETH! In the long run I expect higher prices and we will think back to those cheap possibilities to get in. Fundamentally nothing can be said against ETH, its blockchain is widespread and lots of enterprises and institutions are planning their solutions on this blockchain. Hardforks were well prepared and...

Luettis

Very strong support on fibb retracement 23,6% (84$).

Luettis

Good chance that support at fibb 23,6% (261$) holds. Good investment opportunity for long investment, if - IF, support is strong enough.

Luettis

Silver has broken resistance and other trendmarkers also in negative terrain.