It appears LTC struggles to break the downtrend line, which will result in a 15% drop down to the 260-270 support levels in the next few hours. If it holds there, then we might see a parabolic movement for Litecoin.
BCH is being pushed dramatically. Some may take the chance to short but the trading volume within this rise is still incompatible to previous huge one.
Not sure what the whales will do next, but the price could follow a measured rise up pattern.
We observe a trend line plus fibonacci support and a bounce which is already forming. Seems like IOTA may continue its upward movement. What do you think?
Recent news from twitter:
Bank of Japan got introduced to @iotatoken and the Tangle by nakamo.to and @Blockchainag with @norbertgehrke in Tokyo
In the Crypto space, I believe it's always a great idea to hedge your funds in different altcoins in order to maximise profits. When doing so, it's important to notice the relationship of the altcoins price to Bitcoin's price.
We can see a Cup and Handle formation here. The price is following the blue trend line and looks like we have just bounced off the bottom...
Then we have $RISE, which has retraced big time as well.
As we see on this chart, the RSI has been on the rock bottom since beginning october (with some small jumps, but not breaking 50 --> turning bullish). I'm expecting that RISE is done retracing for now and will make some giant moves within the next few months coming, indicating that we might see altcoin...
"Bitcoin received a boost after Friday’s announcement by the main U.S. derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin futures contracts." www.reuters.com
BTCUSD is trading in a bullish impulse of a higher degree, labeled as black wave V. We see four of fives bullish waves completed from 11th of November, which indicate that a top can be near. Current rally that is now underway can be final wave 5 of V, that can see limited upside near the upper Elliott wave channel and near the Fibonacci ratios of 2.618 or 1.0 ;...
And to finish with my DPOS coins, I also own RISE, another coin that brings me 20% yearly income, the difference to LSK and ARK is that RISE is still very cheap, currently at around 50 ct, so the entry treshhold is very good.
Since yesterday, RISE started a nice rally, there are good fundamental news coming, roadmap update and airdrop at the yers' end.
In the 4...
I looked at the RSI of previous year around the month november and december. And there is a pattern seen.
Expectations:
- Drop 4-6 days (till 1-2 december)
- Little uptrend (till mid december)
- Big drop end december with a rise begin 2018.
Please notice, this is what I think. I am not responsible for your financial advisory. I hope you can see other analysis...
AUDUSD did not move much recently, so our view remains unchanged; we still see pair making a corrective set-back in wave B which is now trading into some interesting Fib. Support zone with sub-wave c, here at 0.7579 area. We think bounce may occur from here, but keep in mind that wave C leg may occur only if price crosses above 0.7620, which would be a...
Rise bullish divergence from Macd and RSI. Daily chart Los Angeles 8:47AM.
When I look for places to invest I look for the absolute bottom so that I can make the most out of my investment. I try to stay away from coins that already ran a lot from this weekend.
What to look for:
Cloud will be resistance for Rise prices.
Slow growth to the top as long as more...
OMG looks like it is breaking out of a symmetrical triangle. If this will happen, the price will go up very fast, like it usually happens with symmetrical triangles, probably to 8$ in the short term. MACD also looks to be turning bullish, and the RSI is showing signs of consolidation (it is making lower lows as the market price makes lower lows). This is an...
