Luettis

Luettis

SP500 reached an important zone. Whether it breaks through the resistance (old ATH at 2939) and with this causing that my EW-theory is false - or it rebounds within the red zone and enters the new corrective wave C. Fundamentally the US-american economy seems to be strong enough, but on the other hand one has to expect a tightening money policy. Much of the...

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After having left the long negative trend by crossing the falling trend line the BTC-coin rised up to the next swing trend line (5457$). The height of the rise corresponds with the spread of the triangle in which BTC has been captured since nov 29. RSI has made a jump as well and is now in the overbought zone. Looking back one can consider that every time BTC had...

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It has taken a long time till XRP left the negative trend channel (red) to the side. A new, smaller channel (green) has been formed and is now to be taken in consideration. This new channel has been tested twice on the upper side and also twice on the lower side. While XRP coin rose up, the RSI indicator didn´t change a lot and even lost some points, heading now...

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The Ripplecoin XRP hasn´t left the wedge. It has tested both limits several times, so this wedge can be considered as strong technical pattern. But playing on time must end and the investors have to take a decision. Whether it´ll be long or short. Bitcoin and Ethereum are in similar situations. And the correlation between those coins is higher than 50%. Who will...

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This is the situation as I see it. The Bitcoin got stucked within a triangle, tested the upper and the lower side. It´s now in the 50%-zone of the wedge and statistically a breakout (whether to the top or the bottom) appears between the 50% and the 75% of the longitude of the mentioned wedge. Temporarily Bitcoin is weak, perhaps it´ll test the support another...

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Please take this analysis not too serious - but take in mind nevertheless. As the most of the cryptocurrencies Ethereum has had a really bad time since beginning 2018. It has lost 94% from the high to the low. The lowest price on bitfinex was 82$. Todays price is at 134$. Fundamentally it doesn´t look too bad for the token, the last hardfork (constantinople) has...

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ETH had problems with installing the constantinople-protocoll. This should have been the first step to implement the Casper-Protocoll, with that changing from PoW to PoS. But some security problems caused to halt the Constantinople protocoll. So no new good news for the token of Vitalik Buterin. And concurrence isn´t waiting. Technically the price of ETH is...

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Looking back, we can see how Silver has left the wedge (yellow), crossed the support (fib retracement at 15,44$) and stayed for a while between two swing trend lines, forming a new, little trend channel (grey). When crossing at new the long desending trend line (~14,6$), it regained force and rose up within a fast rush, breaking the fib retracement to the top and...

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Goldprice has reached the upper limit of the wedge and rebounded. With the correction it also left the narrow trend channel, reentering the preceding trendchannel. The next support will be a swing trend line at about 1.279$ and then, stronger than the swing trend line, a double fib retracement: 23.6% (fib from September 2011) and 61.8% (fib from June 2015). Both...

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Gold has reached very important cross-resistance, this is the long ascending trend line (coming from 2017) - that has been the lower limit of the wedge as well and the fib retracement 78.6% (1.310$). I think we´ll see some fights around this level - perhaps not crossing it in the first attempt. RSI is good, but MACD lags of support. EMA 50 is far below the...

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XRP has had a vast rallye from ~0.29$ to 0.32$ and it seemed that this could give a nwe sign of strength. But it lost its momentum and fell back out of the narrow trend channel. I now expect it to test a second time the support at ~0.29$. As XRP is still in a negative trend channel and within a move that would lead it to the bottom of this channel a continuation...

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Since my last analysis the price of Gold has gone sideways, seemingly leaving the narrow trend channel. It has rebounded on the support (swing trend line + lower limit of the trend channel + upper limit of the older, broader trend channel) and is actually approaching an important cross resistance. Whether it´ll rebound, turning back to the lower limit of the...

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In my projection I assume that the DAX Index will have a weak recover until may before entering the next corrective move. The recover can be explained with seasonal data (ifo-index is still in positive zone). But in the longer run the bullmarket is over. The top has been at 13.600 points and I don´t expect it to be regained in 2019 (neither in 2020). Since...

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Since Ripple has announced its xRapid the price jumped up - and then consolidated within a falling parallel channel. The news for Ripple are still good; Kuwait intends to implement xRapid for international financial transactions. Although the news are positive this didn´t have an impact on the volume. Ripple is more or less following the movement of BTC (as shown...

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Gold has had a very good run to its last high at 1.292$. It has formed a new and steep parallel channel and has just touched the upper limit. The RSI-Indicator shows Gold within a triangle and actually in the peak of this wedge. Whether it breaks to the top or will correct to the bottom (what I am expecting). Volume has shrunken - not much but enough to show...

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AFter BTC has left the very long sideways trend (rectangle) it has fallen down, crossing several supports and rebounding beyond my last expiration. I´ve thought it would stop within the yellow circle 1 - but it didn´t. In the case BTC would have found its bottom, then i can figure out that a new motive direction would now take place as shown with the circles 1 to...

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Silver has reached an important resistance: the long term falling trend line! This line is coming from 2011. A fight between bulls and bears is to be expected at this zone. If the bears win the price will fall on to the lower limit of the trend channel (14.14$) - where we find also support from a swing trend line. Below that level the price finds another...

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Ripple has crossed the negative trend channel, touched the lower limit and has rebounded. One can expect that XRP will do the next crossing through the channel before reaching the upper limit. This would be approx 40% benefits from today. This bullish scenario is confirmed by the indicators RSI and MACD. Both turning to the top. MACD: signal line has just been...