XRP USDT will retrace back soon between 0.45 and 0.46 as indicated by the bearish candles, hopefully, it will rise again afterwards.
BCH price may retrace soon. The 525 resistance level is quite strong, not allowing the price to breakthrough. But you never know, the momentum might change depending on the movement of BTC. Another sharp spike in BTC may also push the BCH price up.
The news about Elon's big purchase of bitcoin made the BTC price rise sharply, but will it continue to go up and reach the 50K mark? Based on this analysis, the price will go down a bit to touch the support line at 37,700 level, and it will range between the 37K and 38K level in the time being, unless another big news will happen that may affect the price as well.
ETHUSDT price will likely form a new support as soon as it breaks through at 1693 level.
NIMBTC Forecast @ 1HR Timeframe | I am planning to buy some NIMQ, however, based on this chart, there are two potential directions: the price has the potential to touch the resistance line at 0.00000016 level but it is likely to go down passing the main support @ 0.0000001331. At this point, I cannot take the risk to buy some NIMQ and need to see if it touches...
BUY Zone @ 0.41 to 0..42 level SELL Zone @ 0.45 to 0.46 unless breaks through @ >0.46 Target profit @ 8 to 10 percent Estimated trend sketched in green line
TRXUSDT Price Projection @ 1HR Frame | This chart shows the areas of support and resistance based on elliot wave values (I might call it Elliot Lines). Price is projected to reach 0.036 level. After touching this level, price will retrace back to 0.34 but if it breaks through 0.036 or 0.037, a new support area will form. Buy zone is at 0.034 level with 5%...
Based on the wave theory, there is a high probability that NIMBTC price will close above the resistance level of 0.0000001323 thus forming a new support.
This chart shows the support and resistance areas calculated based on wave theory. It will attempt to predict the movement of the price across the support and resistance area in a 1-hr chart. Based on this chart, price will retrace back to 37,490 after touching the 38k level. But if the price breaks through the 38k, a new support will be formed. I am considering...
The support and resistance are derived from calculating Elliot wave. This attempts to predict the price movement across between support and resistance by following the wave theory. Based on this chart, XRP retracement will occur after reaching 0.47 level and will range between 0.41 and 0.45. Bullish trend continues when price closes above 0.45 and 0.47.