Logical statistical analysis of the available datasets.
Graphic Field showing potential growth curve analysis of the data. Given with approximate curves to the binance post-listing data.
Current bullish overhead supports around $8300-8400, while the bearish bottom since the last growth period remains around $5700. Based on the baseline supports and consolidation underway, the chance for institutional investors to enter the market seems ripe. Here is another simplified version indicating another idea for the wedge and supports: Please refer...
Overlain various EMA curves, indicating the stability of consolidation and lower volume. In this bear market, we expect to continue consolidation, to even as low as $5400 (maybe not!). Furthermore, we are beginning to see the cryptocurrency recovery and massive adoption for various technological reasons by big money in the coming years. This chart is consistent...
Check out that sexy consolidation wedge formation. This naughty bull flag give us a potential to breakout of 20% profit from today's values to 265 USD (Fibonacci retrace resistance) and the bull flag target for full breakout potential of 36% profit from today's values up to 300 USD. There's always a possibility that the breakout will not consolidate higher, and...
Hello everyone! Here is a crazy idea. Here I present a logarithmic chart of Etherum ( ETHUSD 0.65% ) with a 2-year parallel growth channel. This potentially suggests that by the end of the year we could see the price of ETH being between $5,000 and $60,000 USD. I am personally confident that the price will be nearly $5,000 and this chart supports that...
ETH has just broken above the 200 EMA. Other bullish indicators are the MACD crossover on this 4 hour chart and the 1D chart also shows this. The activity of BTC and LTC suggest further breakout potential, from the fact that LTC has been leading the charge, and ETHBTC ratio has yet to recover to 0.1 or higher. If we breakout of the dotted red long term trend line...
Depending on news and the media, general awareness, and volume, I forecast a breakout on LTC/USD between January 14th–15th, based on descending wedge convergence. I see the price rocketing to ~475 USD by January 20th. See my lines above. I'll be taking profits above 400, but who knows what the future has in store for this guy... Personal disclaimer: Don't...
Hello everyone, Before BTC retests to 20k and higher later this year, I think there's gunna be a dip back down to $5400 levels. Based my resistance levels off of previous dips, descending channels, and trend lines. Let me know what you think, and thanks for looking! Personal disclaimer: Don't take any of my published ideas as reality. Always make educated...
Because of the announcement of Litepay www.litepay.us happening this month, I see short term bullish momentum heading towards the 220 USD range. If you bought around the recent dip, this would be a great opportunity to lock in some profits on your nearly 200% gain. I would say that holding for the long term is the best overall strategy for this currency. If...
Hello everyone! I hope you all bought the fat dip below 750 USD last night, because the road ahead is still very bullish IMO. The recent shake off took us back to a familiar feeling as during the January 17th dip, and this also blew through support levels. It is good to remember the bigger picture in the market and understand the massive growth that ETHUSD has...
Today it seems that ETH/USD broke out from the downtrend on the 4H charts. This can be confirmed by the breakout to the green on my MACD 4C indicator. The deep support remains still around 875 USD, and medium support levels around 950 USD. I am seeing two resistance levels ahead at 1150 USD and at the target for the next rally of 1400 USD. If we see a re-test...
I forecast the price of ETHUSD to reach around 2000 USD sometime in the beginning of February. This is based on the moving average line of 20-day periods and one 54% and three 66% growth boxes. This chart has daily candles and various channels and support lines overlain. We expect to see continued Ethereum application development and blockchain adoption for the...
I foresee BCH breaking out to 4000–5000 USD by January 20th. This is all based on what you can see in my chart above. I used the consolidating wedge that many other users have posted thus far, overlaid with a set of time-series curves to show the possible periodic nature of this crypto. Note that I am not an expert at this, but I have understanding of the crypto...
Based on older trends before Bitcoin Cash began to take more prominent headlines, and before the adoption on Coinbase, we see that there seems to be big jumps to ATH after a more dull period of consolidation. Just an idea, all depends on actual adoption and news of course... Let me know your thoughts. Plotted on a logarithmic scale.
ETH broke out of all my previous predicted channels and trends in the past few days, putting 700 USD in its sights in the near future. My previous prediction of ETH/USD at 660 USD by EOY has already been broken. Making new parallel channel trends, I predict a price for ETH/USD at the End Of the Year (EOY) to be: Optimistic high: 1000 USD Optimistic narrow range:...
Based on the general trend since November 1st, disregarding the uptrend craziness from 11/22–12/1, it seems that line will still follow high to reach a value between 640–720 around the EOY. I still think my earlier prediction of 410–660 is more conservative, but this is just a new idea...
With confidence, based on various parallel channel analysis based on current and past trend overlap, I see the price of ETH on December 31st falling between 410–660 USD. This leads to a numerical middle average of 535 USD, but convergence of the tend line and the top of the long channel suggests a strong case for the price at around 550 USD.