NEO has broken the trend channel (1 daily candle). And the RSI has just turned. MACD is neutral. A) NEO can´t profit from this new trend and falls back to the negative trend B) NEO stays out of trend channel and is making a new trend, positive this time But we have to consider the next resistance at 30.58$ - very strong. I would recommend to wait until the...
Several times I had the hope that IOTA would break its negative trend but up to now it remained negative. Every shortly attack on the upper side (fibb retracements) was stopped and the price fell to lower levels than before. The next support-level is at 0,36$. One pointed line marks the negative trend line on the upper side. RSI remains negative since beginning of...
Look at chart! All explanations are given. Price of DASH might go up and down but it is likely to end the period (5-day-cycle) with no big difference to its beginning, when I´m right with my analysis. At the moment I don´t haven a clear opinion for the days following. It is more likely to rise than to fall - thats my first suggestion.
I updated my last BTC analysis and recognized a possible shoulder - head - shoulder constellation (in german: Schulter - Kopf - Schulter). If, yes if, the price rises only to 5.900 or so and falls back to my triangle (see graphic). In that case it would be a negative sign and BTC could continue its decline as mentioned in my last post. Interesting also the...
ETH had a short rush after the hardfork of BTG. But it came down only several hours later. I marked this period with the circle. I had expected a decline of the price between the upper red line and the lower (pointed) red line till hardfork. Now I expect a long bully phase as shown in the analysis (upper green line - lower green line). MACD and RSI are neutral....
The Index of the unhedged miners HUI is at the moment weak. The index is approaching the fibb retracement at 23,6% (190) . This fibb retracement isn´t a very good indicator, not so strong as others! MACD is neutral, but the trigger line (blue) is turning down. RSI is under 50 Points, that´s clearly negative terrain. With a little luck, the fibb retracement at...
I separated the course of dash in time cycles and then I analysed the different relative gains in these periods. You can read my conclusion in the text-box. It seems that the price of dash in the current period won´t change to its beginning (292$) - relatively. This is also the Fibb Retracement 38.2% - blue pointed line. The green arrow shows the mouvement of...
What a big deception! ETH has climbed in its positive trend-channel to 340$ (dayly candles). I thought it would decline a little bit but stay in the channel because ETH had been relatively stable, even during the hype for the btc - hardfork and I thought it could do its job as good alternative to btc. But in only 5 days it left the channel and fell in direction...
Monero is in a trend channel which is slighlty negative. Support is near at Fibb 23,6% (which is not a strong fibb retracement!). So it could fall a llitle bit under his line and climb afterwards (see trend channel). But we´re talking of a big chance for rising pirces in short time from about 83$ to 103$ = 24%. And if the hype about btc and its hardforks will...
The negative trend of IOTA is going on. I had hope, that 1 week ago it could break the trend and leave the channel, but it was captured and price fell again. We don´t have to forget that a lot of trading-orders go directly to btc (or coming from) due to the outstanding hardfork. And this trade will go on, till it will have happened. For the moment IOTA is short...
Yes, I think that a lot of the fantasy for the Bitcoin-price is allready in. Lot of coiner have changed from altcoins to bitcoin and are waiting for the hardfork. Hardfork will probably be on octobre 25, release of bitcoin gold on november 1. After the snapshot will have been done, there is no reason for speculators (on BTG) to stay longer in BTC. So I can...
IOTA has reached fib retracement (short term) at 68% at 0.47$. But it is still in a negative trend channel (red). To set a positive signe it had to leave the channel with positive momentum. Next big sign would be to break through resistance at 0.54$, which is fib retracement (short term) 38% and also fib retracement (long term).
Perhaps short recovering but long term falling prices till segwit 2 of BTC. Big chance for higher prices after segwit 2. Watch volume and macd!
The rise of the Bitcoin is probably due to the announced segwit 2. What will be the next move after it? Will it go higher or will there be a big correction?
Silver has broken out of the bearish flag. MACD is rising as well, so the silver price could allready climb a little bit further. But as long the signal coming from Gold is negative one has to be wary.