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Ripple Sets A New Price Record At $0.45

2017-12-13_RippleUTW

Ripple holds support On November 26th the following daily scenario was proposed: We stated that: The bullish case will remain valid as long as the price stays above the lower rising triangle boundary. Ripple bounces and breaks to new high Yet Ripple moved back somewhat dipper than anticipated to precisely hit the support that firmly […]

Crypto update – Flight to safety

Crypto update – Flight to safety

Cryptocurrencies Capitalization The forest of cryptocurrencies is made mostly of young shoots growing in the shadow of the father of them all, the Bitcoin. Even if some newer altcoins are backed with a honnest business objective many of them are plastic artifacts planted there as investment scams to lure naive investors into speculative buys. Our […]

Bitcoin Rejected Lower, Expect More Downside

Bitcoin Rejected Lower, Expect More Downside

Bitcoin capped below $4150, breaking down Yesterday we highlighted the strong resistance facing Bitcoin at 4150 and advised that the risk was to the downside: The graph associated with this tweet presented that Bitcoin price has broken its long term uptrend that started at $2,000, then become capped below a descending trend line, and finally […]

LITECOIN, The Weak Cryptocurrencies Link

LITECOIN, The Weak Cryptocurrencies Link

Previous analysis about LITECOIN We had previously anticipated LITECOIN outperforming BITCOIN and called a bottom when the price ratio was at 0.011 with a price target of 0.20: Litecoin to overperform Bitcoin over the next two months It is now a good time to buy Litecoin against Bitcoin We also called the break above $50 […]

DASH taking cryptocurrencies’ leadership

DASH taking cryptocurrencies’ leadership

DASH now outperforms his peers 1. DASH vs. MONERO in a broad trading range DASH compared to MONERO trades in a very broad range. We should expect the price ratio to move up to reach upper range boundary towards 5.8. 2. DASH compared to ETHEREUM inside a rising wedge DASH compared to ETHEREUM trades inside […]

Follow-up on offered strategies

Follow-up on offered strategies

Follow-up On Offered Strategies Everything on this blog is FREE and should stay so. For the sake of transparency and clarity we will strive to progressively improve the way the follow-up is done. Investment and trading strategies and recommendation are made for various asset classes such as stocks, forex pairs, cryptocurrencies, commodities, precious and energy […]

Cryptocoins consolidation hypothesis

Cryptocoins consolidation hypothesis

Monero contracting triangle hypothesis Earlier today we posted the following chart on Twitter: Monero was selected because we believe it is probably for the time being the strongest virtual currency and we prefer to buy it rather than Bitcoin, Litecoin, Ethereum, etc. Scenario follow-up From an immediate perspective the price must hold its recent bottom […]