This update is an extension on previous long term analyses, although this one is more longterm. The same support lines are used and are still followed by the market, with one added at 6k. RSI supports upward movement, the MA (50) supports it as well. The support around 8.4-8.5k is holding. If it holds, it'll likely go up to 9.1k, since that one has already been...
This update is an extension on previous long term analyses, although this one is more longterm. The same support lines are used and are still followed by the market, with one added at 6k. RSI supports upward movement, however the MA (50) still needs to come down to support it. The resistance at 8.4k hasn't been tested yet, so I expect that to happen first. If it...
VENBTC is in a pennant and close to support. It will likely test it again before going up. If it breaks, it will retrace to the next support line, where I'd recommend an entry. RSI supports upwards movement. Remember to set your stoplosses when you enter: markets can sometimes be irrational. If I made you money, please consider buying me a beer to make my day:...
Very strong support zone, doubt it'll crash through. Strong resistance at 5900. However this was tested several times now, so I expect it to break this time. I'm setting the target at the resistance after the 5900 resistance. Remember to set your stoplosses when you enter: markets can sometimes be irrational. If I made you money, please consider buying me a...
NEO is close to strong resistance. If a candle closes above resistance, it will confirm a buy signal towards the top again at 100% of the fibonacci pattern. If it bounces off resistance, it will likely visit 125$. This may make it bounce to 158$ again, or break through to 106$. The ideal entry is 106$, as a bounce from that price is very likely with a high reward...
This chart is a republished chart of my previous btc analysis that was about shorting it. Due to the chaos, I decided not to predict the price, but just show the key resistance and support points so that you can decide for yourself. Let me know in the comments what you think and if you want me to analyse a certain coin. Happy trading!
ZEC is in a trend between fibonacci lines. It will follow the trajectory of the green arrows, unless another btc crash happens. It's also possible that ZEC immediately goes to the 615 usd fibonacci line. However 560 usd is a strong resistance, so it's likely that it retests 500 first before going past it. RSI supports upwards movement. If I made you money,...
Here is my short term analysis of XRP. It includes two trajectories: the green trajectory and the blue trajectory. Whatever happens, these are the most likely courses that XRP will take. RSI supports upwards movement. The targets and stoploss are mentioned in the chart. If I made you some money, please consider sending me a beer in...
Dash is stuck between strong resistance and support. It will likely bounce between those until it is forced by the blue support trendline to move either strongly upwards or strongly downwards. I recommend setting stoplosses at 945 usd for the moment, and once dash bounced off the blue support line, raising your stoplosses to 1050 usd to protect us in a more...
BTC broke out of its resistance, but then swiftly broke through several layers of support, as you can see in my previous analysis here: This is my prediction of how the future movements will be. I expect 11.8k support to hold, with perhaps a long spring to 11k. If that support does hold, it will recover all the way to 16.2k.
I made a chart of this exactly a month ago and I decided to update it a little, since it's still relevant. All info is in the chart itself, including targets and stoplosses. Happy trading folks! If I made you some money, feel free to send me a beer: LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Monero is wedged between a strong support and resistance. As soon as one is broken and the candlestick closes above resistance/under support it means a breakout is confirmed. If it breaks out in an upwards direction, it will keep to the fibonacci lines, resulting in the following targets: Target 1: 503 usd Target 2: 668 usd If it breaks out in a downwards...
Not a very indepth analysis as of yet, since BTC is having massive price changes. A lot depends on the direction BTC is taking. Keep in mind the price balloons that I placed. The blue support trend line is a major player here, and we haven't tested it in a while. I wouldn't be surprised if this line would still work in the coming three months. Once that support...
Option 1 goes from here to the blue target: 300 usd. Option 2 goes from here to support, to either stoploss: 180 usd and below, or to the red target: 255 usd. Option green is an extension of option 1 and goes from the blue target of 300 usd to 255 usd as a correction, then to 370 usd as final target in this analysis. I used Fibonacci retracements, support and...
BTC broke resistance and is now retesting it as support. If it holds, it will go to the next resistance, which is target 1 and coincides at a fibonacci line. A slight pullback after that can be expected. If the bulls aren't tired yet, they can push through again to target 2. If I made you money, please consider me buying a beer: LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
NXT trapped between strong support and resistance. Will likely punch through resistance and hit the next one. First target is the upper resistance. Next target is the 38.2%. If support breaks, the line under it is the the next strong support. If the SMA50 crosses over the SMA100 it's gonna go into a downtrend.
The 50 EMA acts like support, plus the support trend lines. The 20 EMA needs to stay above the 50 EMA for VTC to stay bullish. There is a bullish divergence, which signals VTC will go up. I think it will hit the support line one more time before going to test resistance again. However, one indicator doesn't make the market, so the other options are: falling...
Neo will breakout soon, it double bottomed. Will test resistance that coincides with fibonacci retracement, likely pull back after that. Perhaps it will bounce back up to reach target 2.