As shown in the chart xrp might increase its value against the bitcoin in the next weeks. Current downtrend of BTC could start the long expected ripple. Market also looks good. We have a surging demand in central-east asia that effects japanese markets. Since Ripple's main purpose is forwarding intra bank transfers in japan the date could be nice. Targets set...
As shown in chart, bitcoin's symmetry shows a vertical energy point that could trigger a sharp fall or rise. SegWit will be activated on Tuesday so we still have some more space for another wave. I'm gonna go short with a tight stoploss.
Bitcoin's price dropped again yesterday. As shown in the chart it already pulled back and form a head & shoulders pattern at the top, what is probably another reversal to the downside. A closing lower than the .610 extension line should trigger a downside movement towards 2514. Goldman Sachs posted an update for their XBT analysis. www.forexpf.ru To gain...
There was a strong parabolic increase in the chart of btc during the second half of the week. Major darknet markets have been seized, SegWit is about to get activated. Most exchanges have posted their strategy to get through BIPs. This astronomic increase in price needs to be retraced, that's what in front of us. Targets: ENTRY: 2700 TP1: 2550 TARGET: 2400
Bitcoin looks like it's in a consolidation phase right now. According to recent Goldman Sachs analysis it will fall 'not below 1921'. So I'll wait for a buy-in around 1950. From there on should be a steady climb to Goldman's minor target around 3.2k which might be reached until the end of August and a extended main target at $3.948 to be reached until October.
Overview of upcoming bearish targets until ultimate low around 1950 USD
As seen in the upper chart the 3rd arc pair, whose center is at the lowest price of the first market dips some weeks ago dash's chart found resistance. Market looks bullish because of some minor assets moving to the upside (compare LTC and ETH). Dash is carried upwards and will fall when others do. According to the oppinion of Goldman Sachs' analysis there is a...
Sheba Jafari, Goldman Sachs’ head of technical strategy predicts bitcoin to climb higher, ultimately getting near $4,000. She wrote: " From current levels, this has been a minimum target that goes out to $3,212. There’s potential to extend as far as $3,915. It just might take time to get there. " I used these targets and combined them with my current analysis....
According to cycle symmetry and former peaks I created a potential price chart for ETH. Main turn point should be around 410 USD since the chart found resistance right there some day ago. My first target will be around 450 USD because of the horizontal fib energy level and the psychological effect of the number. After that, there should be a retracement based...
Bitcoin's price moves within shown borders. Turning points are perfectly technical. Next estimated turning point will be around 3019 USD maybe already at 3k psychological border. The next major dip is expected for the area around 3,2k USD. Market Situation: - SegWit is likely to be implemented soon bitcoincore.org - High base volatility because of the...
Ethereum checked its baseline right at the vertical energy level. According to symmetry of the chart we have a strong bullish movement in front of us. Targets set to former resistance levels and fib level crossing points. Estimated time to reach target: ~11 days. ENTRY: .125 TP1: .141 TP2: .178 TARGET: .215
Litecoin began to rise 2 days ago, just as expected. My former target has been reached this morning. Market still looks bullish so I constructed two more targets to the upside by using fib extension and cycle symmetry EDIT: I added TP0 at 0,02 as psychological resistance. Entry point has been checked 2 times after crossing it yesterday. That's also a bullish...
Symmetry looks good for an increasing momentum to the upside
Regarding symmetry and global market situation there should be a bigger pump ahead. Targets set according to Gann cycles. I'm still not sure about the target price. Cahrt will need some decisssion points and checks on the way up. ENTRY: .0704 TP1: .0786 TP2: .0881 TARGET: .1238
Stellar is right in front of a huge energy point. Maybe another monsterpump is possible. There are a lot of assets looking very good this week. Maybe Stellar can be carried. Little price gains means huge percentage scaling. Targets set to local extreme points. ENTRY: 1.5 kSat TP1: 2,15 kSat TP2: 3,4 kSat TARGET: 4,8 kSat
I found those two pretty similar patterns. If so chart should follow marked line. Chance is somewhat about 50/50 for the price to rise or to fall.
There was a lot of action since last week's analysis. LINK: goo.gl ETH's price smashed my target and made its way to 155 mills. I think there might be one more pump to the upside as shown here. Afterwards news will be full of it. Regarding the rule 'Buy rumors, sell news' I'm gonna save in my profits.
The last targets have been reached a little faster than expected. ZEC's price market still looks bullish so my next target will be the next fib level. ENTRY: .150 TARGET: .180