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2019

Bulls & Bears prepareBreaking out of the falling wedge I'm expecting sidewards movement for the next couple of days as the bears and bulls take their positions for the next big movement. If the support is broken, I see ~2500 for Christmas, if resistance is broken, I expect a run up to 5500. Using the Elliot wave is think this latest fall was Wave 5 : The Final leg in the direction of the dominant trend. (Zoom out to see where I've place 123&4) I've also left the Bakkt release date in the chart, I still think that it has the potential to be a catalyst for some big price movements once its up and running. It's going to be an interesting start to 2019!
BITFINEX:BTCUSD
by honeytime
4
BTCUSD : Consolidation Ahead For A While ($6000 - $3300)Bitcoin has hit its ATL of 2018 around $3300 as this article is being written. In the previous analysis which was done in relation to 2013 - 2015 price effect, it predicted that BTCUSD was to reach $3300 key support in 2019 but the price has already met that level in December 2018. However the price seems to be consolidating between the key levels of $6000 and $3300 during the coming weeks before breaking out and starting a bull run as most traders/analysts are expecting. As seen in the chart the previous pattern of upward wedge lines have showed the current situation of price to be alike and the RSI too confirms that the oversold region is in play thus triggering a possible bullish breakout after the anticipated consolidation.
BITSTAMP:BTCUSD
by learnitradewin
EUR/USD towards 1.03The Euro will most likely move towards 1.03 against the US Dollar, as we published in the previous post ( ). Its bearish trend is starting in this week's candles, having started yesterday on the 26th. Short positions should have been placed by now, even though it is possible to enter today at market prices with a horizon of 7 months. The volume is likely to be high. We maintain in the short term (6-8 months) the most likely scenario, which is a bullish USD, a bullish EUR, bullish stock markets, bullish commodities, and bullish blockchain assets.
Short
by blockmas
BTC: Averaging short in 5300. Averaging short in 5300. Very risky operation. Investors entering with short positions should be careful with the possibility that these last day moves are a false bearish break. In the last few days we have opened short positions in several futures of the blockchain sphere for the next 2 months. Our target for Bitcoin -5.65% in January/February is 3,000 to 2,000 dollars. The triangular pattern that BTC -5.65% crossed bearishly had a volatility of 2300 points, so the first bearish trend that Bitcoin -5.65% should have is 6000 minus 2300. The result is 3700, and if the price falls from its 3400 support level , 1 BTC -5.65% could cost around $2,000 in January-February 2019. The most likely scenario is that Bitcoin -5.65% will fall to its support lows, with the MM210 on the weekly chart being its strongest resistance. We will not be in an uptrend until the price is > MM70 which is > MM210, with both MM being bullish . For that situation, we could easily wait until 2020.
BITFINEX:BTCUSDShort
by blockmas
Short in Bitcoin with a target price of $2kInvestors entering with short positions should be careful with the possibility that these last day moves are a false bearish break. In the last few days we have opened short positions in several futures of the blockchain sphere for the next 2 months. Our target for Bitcoin in January/February is 3,000 to 2,000 dollars. The triangular pattern that BTC crossed bearishly had a volatility of 2300 points, so the first bearish trend that Bitcoin should have is 6000 minus 2300. The result is 3700, and if the price falls from its 3400 support level, 1 BTC could cost around $2,000 in January-February 2019. The most likely scenario is that Bitcoin will fall to its support lows, with the MM210 on the weekly chart being its strongest resistance. We will not be in an uptrend until the price is > MM70 which is > MM210, with both MM being bullish. For that situation, we could easily wait until 2020.
COINBASE:BTCUSDShort
by blockmas
1
ETH/USD, towards $40?While it is still possible that Bitcoin and the token market have made a false rupture and will return bullish, waiting such scenario is likely to be a 100% emotional response. The most likely fact now is a medium-term downturn of the entire cryptocurrency market. ETH could go first to its 150$ support, then to its 40$ support. Bitcoin is likely to go to its $3k support. This situation could change in the next few days if it is confirmed that these trends are false breaks, but the odds are low, and we are opening descorrelationed averages with short entries.
BITFINEX:ETHUSDShort
by blockmas