Bitcoin Next move? couple of possibilitysUptrend is more likely, bitcoin is already oversold.
We cant deny other options tho (: , everything is open.
TA is promising for huge break out and uptrend.
FA is unknown and there's alot of fud and fake news.
We need stronger FA and more good talk about cryptocurrency's which there already is a ton of people and companys, groups, countrie, govs get involved and support it.
I see a promising future for crypto which is hard to be denyed and crushed, it can easyle be delayed by govs tho.
The uptrend channel looks good, if it breaks there's high chanses of cotinueing down trend.
I'll keep you updated if there's any changes in trend / TA.
(THIS IS ONLY MY OPINION AND MY WAY TO LOOK AT THE MARKET! YOU CAN FOLLOW IT WITH YOUR OWN RISK)
Cryptocurrencyforecast
ARK Trading Idea & 2018 Price ProjectionFollowing a 3 month long down-trend, ARK has recently confirmed a pivot and trend reversal.
Considering the project roadmap for 2018 and historical yearly Altcoin Market Cycles, I believe it to be highly probable that ARK will perform very well over Q1 & Q2, both in $USD terms and vs. $BTC.
For more information on the ARK Project got to:
ark.io
Our Forecast of the next move of Ehereum - ETHUSDThe price of Ethereum 5.55% was subject to huge volatile move on 22 December 2017 when the price hit $460 being the low of the day.
Investors like you may be wondering what the next move of ETHUSD 5.55% is. ETHUSD 5.55% opened at $680 on 23 December 2017, which is slightly above 50% of the price range of 22 December 2017. From a technical outlook, we are watching for the price action at $720 and see if the selling pressure continues. If the price of ETHUSD 5.55% surpasses $720, we will be watching the $780 level closely for the same reason based on our forecast. We will provide a further update on this instrument in our next forecasting report.
Good trading
NinjaTrader Singapore
23 December 2017
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance 0.82% on the information in our research materials.
BTCUSD hit our Target of 16400. What's Next?In our last week's forecasting report on BitCoins, we forecast BTCUSD would potentially hit the target of 16,400 which it did today.
We thus initiate a new forecasting reporting on BitCoins and see how the price of BTCUSD would potentially react next. From a technical outlook, the close of 26 December 2017 could not take out the high of the candle on 22 December 2017. This is important to note and hence, we are unable to issue an upward bias of BTCUSD confidently at this point.
Investors like you may be wondering what BTCUSD's movement will be in the next few trading days. Based on our forecast, if the bullish momentum continues, we could potentially see BTCUSD reach the next resistance at 17780, and it were to be taken out, BTCUSD may potentially challenge the all-time high of 19666 occurred on 17 December 2017. On the other hand, if this bullish move is not sustainable and BTCUSD were to reverse its direction to the downside, we could potentially see it retrace to 14440 as our first target level, and if this level cannot provide the necessary support, BTCUSD could potentially be retraced to 13800.
Good trading
NinjaSingapore
27 December 2017
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
Our Forecast of the Price Movement of XRPUSD We have been requested to provide a forecasting report on XRPUSD, a crypto-X which we are not familiar with. What we attempt to do is to provide our report using the same forecasting techniques on BTCUSD and ETHUSD and our point is that regardless of what instrument we trade, the same techniques can be applied across the board.
XRPUSD was merely 0.20 on 8 December 2017 and in 2 weeks, it had made an all-time high of 1.25. Since then, XRPUSD has been in red candles and retracing for a couple of days. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, we do see potentially a healthy retracement is emerging after its solid move to the upside in less than a month. A
Based on our forecast, we could see potentially the price will test at 0.85 as our first support level and if it cannot provide the necessary support, XRPUSD could potentially be retraced to 0.72. We will monitor the price of XRPUSD closely and see its reaction as these levels. On the other hand, if 0.85 level provides a strong support, we could see XRP potentially move to the upside with our first target back to the all-time high of 1.25 on 22 December 2017 followed by our second target of 1.50.
Good trading
NinjaSingapore
25 December 2017
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
After the 40% drop in BitCoins, what's its next move?BitCoins 4.50% made a dramatic move to the downside on 22 December 2017.
Investors like you may be wondering whether the price of BitCoins 4.50% ( BTCUSD 4.50% ) would continue to go down in the following week I am sure. From a technical outlook, BTCUSD 4.50% has been oversold and the move is too dramatic. So, there is indeed a possibility that the price will make a rebound from the low of 22 December 2017.
Based on our forecast, we are currently watching the price action at $15,400 and see whether the sell-off pressure will resume. If BTCUSD 4.50% can surpass $15,400, the next level we are watching closely is $16,400, followed by $17,800. We will provide a further update on this in our next forecasting report.
Good trading
NinjaTrader Singapore
23 December 2017
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance 0.82% on the information in our research materials.