BTC may reach the given target sooner than expected. The ultra-short term fibo fan shows how the drop has been accelerated and this may take it to 7800 zone at any time from now. Big buy walls are set in all exchanges around 7700-7900, that zone is where the big whales are.
Volume is also increasing as in previous bottoms so we might face the end of this drop in...
Fibonacci fans show how ETC is preparing a bullish run as soon as BTC allows it. It's likely to follow BTC in its final drop (to 7700-7900 zone) and then start a hard upmove. Entry point: 240k. Target: 472k
EURUSD has been doing a Cup and Handle pattern during last year, which was confirmed after breaking the main resistance coming from 2012. At this point we could expect general rises to achieve 1.38 - 1.40 by may-june this year.
BTC is likely to reach 11400 usd levels and from there try to test again the long term Fibo fan line which has already been a support in the last weeks. From this point a bullish run (with a probable breakout of the downtrend line) is likely, which would confirm a short term bullish scenario.
On the other hand, there is an even more feasible alternative which...
Brent has reached the 1.618 fibo extension from lows in Oct 2017 to highs in Nov 2017, after retracing back to the 0.618 fibo. Next move should take price to the new fibo, matching the mid term bullish trendline. 67 usd/bbl during next week, prior to bouncing back and go to 76.8 usd/bbl level in the coming months.
Cannabiscoin can follow the track of other similar coins such as THC and try to reach ATH soon. ADX has just started to rise after a very peaceful period, now it can face ambitious targets, 2.5k, 3k and 4.5k.
This is an explossive coin which can do a 1000% in few days, so watch it closely!
FIRSTBLOOD has the opportunity to overcome the down trendline and go for really ambitious targets. The move is likely to happen in the coming days, we advise to buy at the pullback to the trendline once it’s confirmed. Target 15.3k. Midterm (days to weeks) target 23.6k
If we see a 1 year chart of BTC/USD, we can see that the pattern that has just taken place has been repeated twice in the last months. First, a big dip occurs (panic), followed by a steady period of consolidation, prior to fall back to even lower lows (absolute panic). Then price recovers and rises again.
And moreover, this pattern is repeated every 2 months...
BITCOIN has dropped to the midterm support at 0.618 fibo from november lows, this time due to Korea news. This zone, around 11.100-11.200 usd, is a key area where price should stabilize and now it may start a sideways move between these levels and the recently lost uptrendline. This could be good for most altcoins, which have stopped their drops in the 0.382 or...
Peercoin is upmoving in a perfect bullish trend, with no agressive pumps but solidly. This may take the currency up to the given targets, 72k and 105k. Much higher targets could be expected during 2018.
VERIUM could be one of the first currencies to pop out in the second alts rally of 2018. Despite it spiked yesterday (due to a pump&dump group) it's come back to the level it should be right now, and if resistance is broken it may go quickly to its targets at 202k and 318k. The bid/ask ratio in Bittrex is awesome too (4.500.000 VRM bid vs. 111.000 VRM ask). It may moon.
ZCASH has gone above its first main resistance and will attempt to break the second one soon. At this moment it’s between support and resistance, hopefully it will upmove quickly over 0.052 targeting short term 0.0606 and 0.0870 later. It may be a good alternative while alts recover and retrace back from previous rallies.
In this chart we have compared the last two big rides in some altcoins. As we know once an “alts season” starts most currencies start popping up one after another. In this case we have taken ADA, DGB, SC, 1ST, STRAT and DOGE.
We can see that in the first pump wave (between 16-25th december), ADA was the first one, followed by DGB, SC, then 1ST and STRAT, and...