Two possible outcomes for ETH looking at a breakout today or tomorrow maybe into Tuesday, if breaking out today we need some volume first. Otherwise look at the volume if volume starts to rise slowly ETH is eminent to breakout short term.
Possible retracement back to the 0.2300 mark throughout the night, maybe into tomorrow in then ripple will start its spike upwards hitting resistance at 0.2500 and possibly break through by Monday hitting 0.2800
BCH moving in triangle expected to breakout 19/20th January to target 1~ 388, small retracement 330 tonight and tomorrow maybe 323 then bounce upwards. target 2 ~440 in first two week of February and could spike to target 3 ~505
Could expect small retracement back to 121, then upwards again testing the 0.618 line if not breakout yet will retrace in the ascending triangle and then finally expecting a breakout to 140 and then 152.5. If ascending triangle is broken downwards a retracement to 110 is expected and hopefully that resistance holds, otherwise 95 will be the next resistance. For...
LTC is busy with a small retracement back to the 0.618 Fibonacci resistance line at 55.1, There should be a small uptrend hitting the top channel at 57.5 and could break through to 59.6 . Otherwise will come hit the 0.618 retracement line and shoot up for a breakout up to 64.8. If both channels is broken downwards and the 0.618 line is broken below 54.5 LTC will...
Looking for a possible resistance on the 115 mark and a uptrend soon afterwards it has been touch. Want to see a uptrend till 124 and then a breakout, If breakout holds the 140 mark will be in sight. For a pullback the 110 mark is possible and if that breaks a resistance at 102 could stop the down trend.
For the long term XRP is moving in a upwards channel. One will see that there is a fibonacci resistance line at 0.23300 that is holding firmly, another strong resistance below at 0.23100 if there is a possible pullback. For the short term one could see that XRP is closing in on a disjointed channel and something must happen soon. Looking for a breakout to 0.24350...
XRP is bullish at the moment, as one can see there is a strong resistance at 0.23300. If XRP holds the 0.23300 line it will spike up to 0.24800 and will follow the channel, we want to see XRP at 0.26200 in the coming week. Fora pullback we look at 0.22000 so it remains in the channel and then spike upwards.
Bitcoin seems to be on strong bullish trend, Most resistance lines were broken today.if bitcoin holds the 8770 mark on the 1 hour it will likely go to 9000.Strong resistance at 8550 for a pull back,but looks good to hold the 8700 mark. We are going to 10500 in the next week or two.
As one could see my previous post were spot on for the short term.Now looking at the long term bearish channel from july 2019 has finally been broken upwards. We can expect a small pullback to 310 otherwise a pullback to 314 happened already. There is strong resistance at 340 f this is broken and closed on the hourly mark we can expect a bullish trend upwards till 400.
BCH looks strong and ready to break many resistance lines in the next few two weeks. We will follow BCH for now between the channel and see that there is a strong resistance at 278. Possible for a correction to 272 but will remain bullish. Target 1-291....Target 2-300....Target 3 -309