Break Below MA (12) + Fib : 0.618 ($1000) + RSI : 44 = End of the Bear
If history repeats itself, then it is imminent that GLDBTC touching its recent High at 0.000035 BTC around January 2019 as analyzed in the chart. RSI values also stand as a confirmation for the above projected movement. Nevertheless there is a lot potential for the price to decline by almost 10x to 0.0000035 following the touch at 0.000035 BTC if price conforms...
Bitcoin has hit its ATL of 2018 around $3300 as this article is being written. In the previous analysis which was done in relation to 2013 - 2015 price effect, it predicted that BTCUSD was to reach $3300 key support in 2019 but the price has already met that level in December 2018. However the price seems to be consolidating between the key levels of $6000...
Check out these posts to know why : Phase 01 : twitter.com Phase 02 : twitter.com Phase 03 : twitter.com Phase 04 :
2017 Dec. - 2019 Sep. : Beginning of Bearish Period - Nearly 235 days from the peak in 2017 to the 200MA cross below 365MA. Difference : 286 - 235 = 51 days ∴ End of Bearish Period - Nearly 393 days (444-51) from 200MA cross below 365MA to 200MA cross above 365MA. Another confirmation for the validity of my previous analysis here :
It's 15 September 2018, the published day of this chart. Also on this day, - Litecoin Summit 2018 is going on - Cybergibbons talks on Bitfi wallet hack at Hardwear.io 2018 - BTCUSD is $6500 - Everybody's still talking about Jimmy Song and Roger Ver fight at CoinsBank Blockchain Cruise 2018 - 3,459 Nodes on Lightning Network
BTCUSD These days cups don't come with handles anymore...
Bearish Reversal around 50% and 61% Fib retracement levels at $14500 USD and a break below $6000 Lower Low can ultimately lead the price to around $780 USD. Thus it will be referred to a bubble just burst when this technical analysis has become valid complying almost every aspect of the prediction.
All these FUD in Cryptocurrency space at the moment have caused the entire Crypto market to fall in terms of price along with its total market capital. But from a technical perspective every drawback following a surge in price has retraced surpassing the recent high by a substantial amount always. In that case this drawback we're experiencing in the price of...
DigitalNote, an untraceable Monero-like cryptocurrency is undervalued at the moment. As per technical perspectives the price of XDN has recently breached below the bearish pennant which seems to be a false breakout since the Fib retracement level 0.618 meets a previous higher high at 0.00000350 BTC which could act as a key support level holding the price. Once it...
Nexus (NXS) is indeed an undervalued cryptocurrency at the moment. The project behind this sleeping giant is way more advanced than the Bitcoin blockchain itself. That being mentioned it is certain as the objectives and events of Nexus Roadmap for 2018 are fulfilled there will be an enormous demand as well as a surging growth in adoption for this cryptocurrency...
As mentioned in the previous "Bearish Analysis - Target $104 USD" on LTCUSD and according to its fundamentals becoming positive for the Litecoin it will induce bulls to come in to the market making a huge demand once again. In order for that to happen from the technical perspective it needs the price to beak out the red falling wedge line marked with a symbol of...
- Fundamentals : Although many other altcoins are dominating these days making new highs in the Cryptocurrency market, some of the prominent ones are still trending slowly or consolidating at the moment. Litecoin too is stuck in this same atmosphere. However the reason behind of the current atmosphere of Litecoin may seem as a result of its founder Charlie Lee...
OmiseGo has been included in any Crypto investor's portfolio for 2018 as this Ethereum based token promises a low-cost and more secure decentralized payment/wallet platform with its own Blockchain network accessible for any person in the world. In another fundamental perspective, OmiseGO is a project created in collaboration with the Authors of Lightning Network...
The native token on the Stellar Blockchain, Lumen has already entered Top 10 Cryptocurrencies in the world making new highs although currently it's making a correction as in the chart. However many ICOs and New Projects are adopting the Stellar Blockchain and newcomers to Crypto world are surely looking forward to investing in coins with lower price. Therefore it...
- In the previous Technical Analysis on NEO published on Dec. 20, it stated price could reach $100 USD but the market went for a bear run before attaining the target. When NEOUSD price chart is analyzed on a higher time frame and compared to the previous analysis it still shows the possibility of price correcting itself near the upper horizontal line or support of...
After making a correction from $0.30 USD resistance price nearly dropped 60% To $0.17 USD in between $0.1 and $0.3 USD key levels and now it's retracing up as per the applied Fib levels after a short consolidation period. In the latest analysis on XLMUSD published on Dec. 20 it projected price would reach $0.4 USD. Although the recent drop in price might have...
Fact : 90% of Altcoins are only exchanged for BTC and can not be bought with Fiat Conclusion : Most of the Altcoins are created and traded to collect more BTC Therefore Bitcoin will always be #1 in the Cryptocurrency world if no technical flaw in network is exploited or the current slowness in verification of transactions is mitigated. With that being said and...