BCHUSD is going down following other cryptocurrencies. According to our forecasts, the stop of Bitcoin Cash drop should be expected near the 50% Fibonacci zone ($ 1,240 - $ 1200). Priority of the day: sell BCHUSD with the target of $ 1240. Bitcoin Cash has fallen very sharply in price, thereby increasing the likelihood of such a sharp rebound upwards. And we...
Ripple fell sharply in price, breaking through the support zone: $ 0.75 - $ 0.7. Now its rate is in the area of 38.2% Fibonacci, where the stop of sales and the beginning of the formation of the figure of the Triangle are possible. Priority of the day: sales of XRPUSD with a target of $ 0.62. The drop in the market liquidity of the cryptocurrency was reflected...
Ethereum falls in price even faster after a rapid growth. It seems that the bears have now firmly taken up the bulls. There are no Ethereum buyers at all, and its rate is dropping without rollbacks. Priority of the day: the sale of ETHUSD with a target of $ 630. You probably noticed that money from the market goes along with those who want to buy a...
Bitcoin is rapidly falling in price. If for a couple of days the Bitcoin rate is fixed below the level of 61.8% Fibonacci ($ 8600), the next target of its fall will be the support zone at 50% Fibonacci ($ 8200). Priority of the day: BTCUSD sales with a target of $ 8200. Liquidity of the market has decreased. The buyers left Bitcoin. It is logical to assume that...
This is a typical volume analysis that anyone can do. Take a look at the 1st arrow on the screen, and compare two equivalent volumes per hour. They just pushed the price below 8800, right? Now note the 2nd arrow on the screen. The same volume, but the price didn't go below 8500. Now the sellers want to do a test of 8500. And we are going to understand who is...
Ripple did not just get there but also broke through a psychologically important zone of 0.70 (1st arrow on the screenshot). Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. At 0.65 and 0.66 bulls regained their composure and are going to take revenge on the bears. It is necessary to...
Litecoin continues to lose its value today. We advise everyone who joined the bears with us to keep a short position. We recommend to those who did not manage to open Sell on LTCUSD to wait because the bounce of the price upwards can be sharp. Priority of the day: neutral position on LTCUSD. Litecoin is in the downwards momentum. At such moments, enjoy the...
BCHUSD continues to fall in price. We recommend to those who joined the bears with us to keep the position. All other investors are advised to refrain from transactions today. Priority of the day: neutral position on BCHUSD. Now we can see downwards momentum on Bitcoin Cash. It is risky to join the fall of the BCHUSD rate today because there can be a strong...
Ethereum broke through the psychologically important zone of 685-700 (1st arrow on the screen). Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. We don't recommend to the rest to try to catch up, it is better for them to wait for the consolidation and rollback in order to short. Good areas...
Bitcoin broke through an important psychological level of 9000 on volumes (1st arrow on the screen). Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. We don't recommend to the rest to try to catch up, it is better for them to wait for the consolidation and rollback in order to short. Good...
Ripple is crammed into a narrow corridor for more than 10 hours. Exit downwards from the corridor by the breakout of 0.7860 (1st on the screenshot) gives a test of 0.76 with the prospect to go even lower. Also, short scenario is exit upwards from the corridor and retest of 0.82 (2nd on the screenshot). Our backup plan is to break through 0.82 and 0.84 on volume...
Litecoin worked out the growth of its rate more calmly. We forecast its slow decline in the coming days. Priority of the day: we sell LTCUSD with a target of $ 150. Litecoin is so calm and quiet lately. It grows and falls in price slowly. Projected scenarios: 1. Sell LTCUSD near the level of $ 163 with a target near the $ 150 mark. 2. The second option we see...
BCHUSD grows in price. It our opinion, it is too early to think about serious purchases. The priority of the day: sales BCHUSD with the target of $1470. As we stated before, Bitcoin Cash rate will narrow down in the Triangle shape. The days of the broad flat are ahead of us where both purchases and sales of BCHUSD are possible. Projected scenarios: 1. Sell...
Ethereum is trading in the range of 690-775 for the fourth day, which hints us a good move in the future. We recommend to sell aggressively from these levels (1st on the screenshot). Sell conservatively after the breakout of the 685-700 from the top on the increased volumes and a successful test from the bottom (2nd arrow on the screenshot). The first target is...
Sell Bitcoin aggressively if there are hints in Time and sales and DOM at the level of 9380-9450 (1st arrow on the screenshot). Sell conservatively after the breakout from the top of 9200 and a successful test from the bottom (2nd arrow on the screenshot). The first target is 8800.
We were lucky today to see a typical Up Thrust at Bitcoin (1st arrow on the screenshot). This is one of the best figures in volume analysis, which gives with a short stop much larger profit. At first glance, it looks like the uptrend, when the resistance at 9265 is broken down on volumes. But this is a wrapper from candy. Smart money is much trickier, they win...
We recommend to hurry to those who haven't sold Erhereum for 750. Or if you want to be sure, wait for the 1st arrow on the screenshot.
Litetcoin is slowly dropping in price. According to our forecasts, the LTCUSD will continue to fall in price, following Bitcoin. The priority of the day: sell LTCUSD with a target of $147. It is better to sell Litecoin on the rollback, near point 3 on the screenshot. Projected scenarios: 1. Sell LTCUSD near the level of $ 157.37 with a target of up to $...