[HOLD] Ripple Chart. My thoughts and Prediction.THOUGHTS:
Some people are thinking that the price of the ripple will go down to 1,6-2.00. I myself don't think so. Not only because I haven't heard any bad news of the ripple, but also because it seems to be supported at the range of 2,45$. Yes. It wasn't added to coinsbase. Does this mean it isn't a good currencie? Did the price or volume spike harder then the days before? No. I think this crypto has great potential but has to show some news or working proof, since more and more people seem to be into ripple. When news comes out is uncertain for most of us, and is also unpredictable. But I do think ripple is catching a bigger audience and will still be growing. You might not like centralization but that doesn't mean other people do.
PREDICTION:
Now what I think will happen: I think that around in the morning to midday of 8 january the price off ripple will rise again. Where it will break its resistance and will either go up even more or stay at a price range of 3,20-3,70$.
This is my first ever chart and I'm following the cryptocurencies since October. I would love to know what you think will happen or have any tips. Goodluck
Holding
Pump Burst! Super Head & Shoulder - Hold futureWhen breaking the blue line, Burst goes against the green resistances, in search of the moon. Hold!
Litecoin: LTCUSD Still good whilst tracking the dynamic supportLitecoin Update
Still good above the dynamic support line -
needs to clear 286 to add for rally to 309 initially, and higher
once 310 has been broken. A buy off the rising dynamic with
stops under the line - only turns short term negative if
broken, for fall to 263 and, should this level fail, to 245 where
it becomes a buy again with stops below 238.
NASDAQ Update: Not too bad so far: stops for shortsNasdaq 100: Has held up really well due to Dollar stabilising - please check DXY comments also as this is the lead indicator right now, if there is one. Need to manage these stops now as per comment and keep an eye on all shorts to see how they hold up...Still believe dollar has further to fall, despite this attempt to rally...but it could be enough to derail the Nasdaq short in meantime if not careful...do not want to see Nasdaq above 5610 if a bear, that's for sure.
Long EthereumA portion of the portfolio has exposure to crypto currencies, both Bitcoin (the most liquid and well known) and Ethereal. In addition to holding cash positions in these currencies, I do like to trade them. The moves are strong and can hold a trend really well. When I'm on the right side of a trade I tend to get a lot of follow through on the trades.
I entered in at .0116 after the break above the recent swing high and added to my position at .0123 on a break above an even higher swing high.
At this point I'm long but sitting on the position as I expect a little pullback and consolidation before taking off again. That being said, these cryptos can rip and as long as you are on the right side, the potential is alway high.
Long and holding, looking for further confirmation of uptrend
Bought at $38.30Trading in a narrow range defined by support of 140 million volume day (low $37.62, but real support closer to $37.50). #Sectorbreadth places $XLE at sub-10% bullishness, a point where shopping for long opportunities is often rewarded. KMI is one of the few XLE components holding up and should be one to lead Energy stocks out.