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Crpytocurrency

ETH headed to new highsMy Elliott Wave Analsysis has ETH in minuette wave (v) of minor wave 3 of intermediate wave (3) of primary wave . Last night I posted targets for minuette wave (iii) , which it hit today. Then we were looking for a 38.2% retracement to the level of subminuette wave iv of (iii) and we got that move as well. From here we should see new highs before another pullback to the area of today's lows in interemdiate wave (4). In other words, expect some intermediate term choppiness for ETH, but new highs along the way until primary wave tops.
BITSTAMP:ETHUSDLong
by alphahorn
1
Ethereum in an area of resistanceEthereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is dropping nicely with good downside potential that could correspond to the drop in price too. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:ETHUSDShort
by Tickmill
5
XEM/USD Daily Update (17/11/17)Crypto is the trend right now. I am seeing bullish-ness, however a break above 0.26 would be a safer entry. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
BITTREX:XEMUSDLong
by sonicrmastery
1
Litecoin testing major support!Price is now testing major support area starting at 296 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive up price to next resistance level at 339 (Fibonacci retracement, horizontal swing high resistance). Our next major level of support is at 271 (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing strong support above 5.7% where a corresponding bounce could occur. We’re also seeing bullish divergence vs price signaling that a bounce is impending. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDLong
by Tickmill
7
Bitcoin target reached! Testing support once again!Bitcoin has shot up from our support area to our major resistance area perfectly before reversing once again. We’re seeing strong support once again at 15455 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive price up to our major level of resistance at 17929 (Fibonacci retracement, horizontal overlap resistance). Our next major level of support is at 13902 (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing major support at 12% and we’re also seeing bullish divergence vs price which could be a precursor to a bounce. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITSTAMP:BTCUSDLong
by Tickmill
4
Ethereum bouncing off key support!Ethereum has dropped strongly and is bouncing off key support at 709 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next major level of support is at 653 (Fibonacci retracement, horizontal swing low support) and our next major level of resistance is at 804 (Fibonacci retracement, horizontal overlap resistance). Stochastic (55,5,3) is seeing major support at 6.7% where a possible bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:ETHUSDLong
by Tickmill
BTC targeting $18.000 again.Bitcoin futures are now available for trading under the ticker symbol "XBT" on the CBOE Futures Exchange, LLC (CFE). The Bitcoin value rose on the opening of CBOE’s futures markets and the trading volume immediately spiked at precisely 23:00 UTC when the futures trading opened. At the time of writing the Bitcoin price is trading at $16,730, representing a gain of more than 20% in the last 24 hours. CBOE launched three futures contracts, with the settlement price being bitcoin’s trading price on January 1st, February 1st and March 1st, respectably. January is trading at $17.700 with 2.700 contracts traded, while the February and March contracts are traded on level $19.100, but with only a fee contracts exchanged hands. The massive amount of orders caused the CBOE website to perform slower than usual, unable to handle the massive amount of traffic. Futures would probably help stabilize the price of Bitcoin, as well as bring closer to adoption by Wall Street. We may even see approval for future products like a bitcoin ETF. For now spot is trading lower then JAN futures, if we knew divergence would occur, the play would be to buy actual and sell futures short. BTC its trading closer to previous high at $18.100 across major exchanges this is an important mark to watch.
COINBASE:BTCUSD
by Tilen_tradershub