It looks like ETH is at the beginning of a bullidh trend.
RSI is in the overbought region. Stoch RSI around top. MACD is not as strong as the previous terms. Conclusion: a reversal pattern is likely with a possible fall to 4.80-5.10 region.
Just a self study to show the current trend between the alts and BTC. This can mean the reversal period is close.
LTCUSD is currently on the long run support level. If things are in favor of alt coins, LTC can appreciate in the next days.
As can be seen, BTC crosses down EMA100 (based on 6 hour chart), then move up again. Moreover, the spread between MA's are quite close. It may be time to see a fall.
In the long run, ETHBTC seems to hit bottom and can start to increase. ETH's appreciation can take its value to reach $1,300 level (roughly ether = gold), if BTC goes up to $6,000, which I expect the next resistance level till January 2018.
- needs buying interest. - may go up after holiday week. - target: above 3.00
If the trend goes above 0.63 then the next resistance is 0.68. Otherwise scenario is bearish.
Ozbal is at its support level and expected to increase to its first resistance level.
Fibonacci levels show the price can go up to 2.75 from its current level of 2.63 by around 5%.
AVGYO has a potential flag formation, RSI is supportive.
- Hard folk is positive. - Technical are supportive. - Still on the curve. - There may be a "short" period when reaches $450 (cup & handle). - Likely to go over $450 late September.
- Entered to a new channel. - $100 is the new resistance.
The correlation between gold and bitcoin is increasing with the increasing global tension. Is it a coincidence or is BTC a safe heaven?
Just an expectations based on price trends.
Please see the chart for details.
Gold broke the downtrend and can target $1400 with the upcoming global news (N. Korea, Trump's future, etc.)