Sell or buy? It is always just a question of observation and view. If you see the chart A, would you buy or sell? Also ask yourself this question when you see Chart B. would you buy or sell? In short: Regardless of whether a correction comes or not, a target of 12 K is not crazy, but quite possible. Yes, at the beginning of January the market will go down, like...
ETC could have still more potential. ETC is the only alternative to ETH. In the meantime, we have seen briefly 21 USD. We are currently at a decision point. I have developed three trend scenarios for this. For long target: 25 USD and more For short to buy some more: 14.5 USD / 12 USD Let's see what happens. Happy trading. :-) See also:
Due to the many turbulences of the last days at BTC BCH has gained a lot. Nevertheless, BCH is strongly centralized and BCH is dependent on few people. Certainly suitable as a speculative currency and for trading, but the current indicators tend to point to a clear downturn. Be careful. Max. Targets down could be 1100 / 850. Let's see what happens. Happy trading. :-)
My last chart didn't hit. Here is the new updated version for you. However... I am long. In my opinion Ripple is still undervalued compared to Bitcoin and Ethereum. The conference (Swell by Ripple) is running. We have only seen a short influence on the price. That's interesting for the future. In the case of other cryptos, conferences have a much greater impact on...
A retracement is coming. That's beyond question. Just when and where? Currently we are far out of the Bollinger Band in the week chart. Besides, it's in the third wave. Bollinger works very well with Bitcoin besides Fibo. So just think about how far the whole thing could go. I look with interest. Especially because many people - in my opinion - don't know enough...
The strength of the EUR has pushed the gold price down. Apart from this fact, GOLD is undervalued in EUR. Strong resistance at 1.150 EUR. If the war scenarios continue, a further additional up could be expected. It is also possible that the USD will stabilize against the euro until end of the year. This also makes a stronger up possible. Let's see what happens....
Fundamentally, there will be a retracement. That's clear. The only question is on which Fibo retracement Bitcoin will fall. Here the possible retracement areas: 23,6 % > ~ 4900 USD 38,2 % > ~ 4000 USD 50,0 % > ~ 3500 USD 61,8 % > ~ 3000 USD 78,6 % > ~ 2000 USD A following extension to Fibo 1.62 should be possible. We are fundamentally at Bitcoin in a growth...
Why Ripple can be an interesting long-term investment is something I have written many times in other places. Please check my older posts. Here is the current situation: Recently, a quite clear trend channel has appeared. Accordingly, the next upswing could be expected. Since several times 0.30 USD have already been a strong resistance, my short-term target is...
We've already seen Fibo 0.23. The question is whether the consolidation at Fibo 0.38 has been completed. According to the trend lines, Fibo 0.23 could be tested again before it goes up. New trend channels and a new basic trend line (black) can be seen in principle. If we fall under Fibo 0.23 (70 USD), the whole situation must be re-evaluated. Therefore currently I...
LTC is currently difficult to evaluate. Many uncertainties about China. LTC is still quite popular in China. The effects of the end of the exchanges are still to be seen. I basically see a long-term goal of usd 120. The way up can go different steps. We can drop down to 40 and start then to the top or LTC goes now sideways and then up. A relative disappearance of...
We have reached Fibo 0.23 in the short-term. We could expect a reversal. Maybe an interesting entry point or a re-entry point for short-term-trader ... Let's see what happens. Happy trading. :-)
Ripple / EUR: Short term Fibo 1.62 possible (0.33 EUR) At the moment there might be a nice possibility to trade with Ripple short-term. Ripple behaves quite well after Fibo. Therefore, a rise to 1.62 could well be an option . Regardless of this, Ripple Long-Term is an interesting option to go long. Possible targets: > 0.25 EUR > 0.33 EUR > long term 0.5 EUR and...
I keep saying it over and over again ... In my opinion Ripple is still undervalued compared to Bitcoin and Ethereum. Why? If you put the value of Bitcoin in relation to its circulating quantity and you compare this as an index with Ripple, the price of Ripple compared to Bitcoin is around 10, if Bitcoin would be 100. The Index of Ethereum is 40, just for info....
I already wrote it in my last post about ETH ... Some people believe that Bitcoin will make another strong correction, I don't expect that. On september 14th bitcoin core 0.15.0 has been released and started successfully. That is also the reason next to the china trouble why the strong movements have been at bitcoin in the last week, so my opinion. Currently, it...
Depending on the Bitcoin movement the Litecoin will move in the same direction. I still see that the Litcoin is undervalued compared to the Bitcoin. The next few days are important for the general development. Maybe we see another small correction down to a maximum of 40 USD or we go straight up. Let's see what happens. Happy trading. :-) See also: Chart Sep 2
Some people believe that Bitcoin will make another strong correction, I don't expect that. On september 14th bitcoin core 0.15.0 has been released and started successfully. That is the real reason next to the china trouble why the strong movements have been at bitcoin in the last few days, in my opinion. Currently, it seems that the new core 0.15.0 is well...
In my opinion ETC has still much potential. Because ETC is the only alternative to ETH. The performance of ETC was not really good in the last few days. Okay. That's the market. New ones have to deal with this and mustn't lose their nerves. ;-) Too much action at BTC (Core Version 0.15.0 released and China troubles). Nevertheless, we have now reached the ground,...
As I predicted (Chart Aug 23), there will be movements during the new release of Bitcoin Core Version 0.15.0. Currently we see a healthy correction with a fast recovery. Bitcoin Core Version 0.15.0 was successfully introduced on September 14. Thus, significant innovations and improvements for the Bitcoin are now possible. A further increase can be expected....