XRPEUR / Feb. 2018 / Kraken Daily updates on the chart!
BCHEUR / 01.02.2018 / Kraken Daily updates on the chart!
BCHEUR is less clear than BCHUSD but we expect the same priceaction in broad terms. Price revisited 50% of the initial consolidation and is now moving away from that level. Do not expect price to return to that level anytime soon. Looking for an AB = CD play like in the the BCHUSD (see picture below) Levels to watch are 2500, 3000 and ultimately 4000.
Hi guys, here's a little pattern that I came about today. RSI touched the overbought line and now I'm expecting a push which could break the upper resistace line and start up the major bullish trend again. I'll post some updates on this one if something happens.
BCH has formed a Symmetrical Triangle which likely bullish, I hold some BCH and looking to add once it breaks. risk reward is pretty good for me and MACD is about to get a goldencross, with Bitcoin's insane fees and insanely slow tx, I think this will play out well. TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
BTG might have it's day in the sun in the coming weeks. I will be looking for an entrance when I see wave E break downward.
I think the move higher is due. First stop 1500 eur, next 2200...
if we look the last breakout and we make the same projection, its looking good ;) let's see if its happens again if the break out is confirmed.
Target: $2100 Stop-Loss: $1515 Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this...
Clear buy signal, risk is low. My last forcasts were right too.