the After a new low for the year at the various crypto-currencies, the overall market starts now. Potential for recovery is sufficient. Now the Top 3 must-have Coins, whether the ground is only a short-term nature.
Thomas Hartmann
19. December 2018 share Facebook Twitter LinkedIn xing mail
What color will have the days of candles on the Christmas tree? The last few days developed very positively, so that investors can hope for is a small year-end rally. Therefore, we will consider the individual courses in more detail:
Bitcoin (BTC/USD)
The case at the end of the triangle, what has been presented here again and again. A whopping 46 percent Minus one brought this to the Bitcoin rate. Also: The oft-mentioned support area between 3.132 and 3.303 US Dollar has kept. A new low for the year has been marked in the case of 3,159 U.S. Dollar and provided the perfect Long entry. With the current downward movement of the short term trend upward and the medium-term Downtrend from may 2018 to be overcome. Today, the Chance of using the daily closing price to surpass the resistance at 3,655 thousand US dollars.
under the former support at 3,655 thousand dollars below the 6. December caused significant losses in Bitcoin, and paved the way to the year lows in the recent past. The indicators have already responded to the current upward movement. The moving averages support this. Nevertheless, the cloud of the Ichimoku-Kinko-Hyo-indicator is not overcome for a long time. This is still significantly, and the lower edge of the cloud currently at 4,500 US-Dollar – tendency falling.
Bullish variant:
The correction is completed. There is no new year to be trained low. Today’s daily closing price is done in the best case, above the resistance at 3,655 thousand dollars. The next hurdle is 3.929 US Dollar. About air is to 4.701 US Dollar, and thus the cloud of the Ichimoku Kinko Hyo is reached-indicator. Here is a larger choice of direction.
A significant breakout above 4.872 US Dollar enabled the objectives of:
5.428 US $ 5.877 US Dollar
Bearish variant:
The upward correction is sufficient, the previous Trend to resume. The 3.929 US Dollar can still be reached, at the latest, there should be re-scheduled in case the end of the listings. The price of Bitcoin falls back below the support at 3,655 thousand dollars and once again the downward trend from may 2018. The support area between 3.132 and 3.303 US Dollar is again tested. A significant slipping under 3.132 US Dollar brings a new year lows, and significantly lower course objectives:
2.629 US $ 1.920 US $ 1.601 U.S. dollars 1.224 US $ XRP (XRP/USD)
After days of sideways movement around the $ 0.30 USD, the XRP was able to break free-a course out of the precarious situation, and since this brand is already 30 percent higher. By the strong upward movement of the cloud of Ichimoku-Kinko-Hyo-indicator is removed, only about 15 percent. It is currently at $ 0.45 – tendency falling. As a result, the floating-point averages to further rate increases. In contrast, the currently ongoing downward trend from April 2018.
Bullish variant:
The soil formation to the 0,30-US-Dollar-brand is complete. The year’s lows will not be reached accordingly. The currently ongoing downward trend, although for a little breather is good, but can still be cleared out of the way. Above the resistance area of 0.46 US-Dollar in a new purchase, therefore, signal. In addition, the cloud of the Ichimoku-Kinko-Hyo-indicator, such a rise outbid. The target: The multi-tested and broken the upward trend from June, 2018. This currently runs at is 0.64 US Dollar falling.
A rate increase of about $ 0.75 goes hand-in-hand with following up objectives:
0.89 US $ 1.15 US $ US $ 1.37
Bearish variant:
The downward trend caps the price of XRP. The current price recovery is mostly sold off and the XRP price falls to the support area to the 0,30-US-Dollar-brand. The moving averages, a sell signal once again. A break below 0.30 US Dollar recovery and a major setback for more sustainable Rate, then the lower rates are the first targets to favour:
$ 0.24 $ 0.15 Ethereum (ETH/USD)
In the Video Update in the last week was in detail about the danger of under 91 US dollars noted. It is a sagging threatened on the 60-U.S.-Dollar mark. The condition for this is: A new low for the year, and thus a Low below 83 US dollars. This has not happened and Ethereum could make a very nice floor. The ongoing upward movement in the forthcoming major was able to negate the downward route.
Since Crossing the $ 95 a buy-signal is here, which also directly to its limits, because of the wide resistance range is between 108 and 129 US dollars has now been reached. An upward movement is a huge effort for the under performers, the required 30 per cent up to the clouds, the lower edge of the Ichimoku-Kinko-Hyo-indicator. After all, The “clear thrust” is here and as announced, has the sell signal from the moving averages negated.
Bullish variant:
Ethereum is increasing and works in the resistance range. Significant rate bring increases about 129 US Dollar for further upside potential. The next price target is at 175 US dollars.
Greater rate fantasies on the upper side are legitimate, about 196 dollars. Then the following goals:
241 US $ 338 US dollars
Bearish variant:
The resistance range is insurmountable. The significant weakness of Ethereum is continuing. A Daily close below $ 95 is the first large warning sign. The lower price target at US $ 60 is still open and is activated in a significant falling short of the 83 US dollars.
conclusion:
motion where you look, and the case of the end triangle just as beautifully executed. Time for the Trader to earn money, the Balk, with falling prices to make money. The upward movement is not running very well, three “winning days”, we had, finally, been a long time. The terms and conditions. Now it is only important that the Stoploss is useful, in order to be prepared, on the wrong foot to get caught to be.
Disclaimer: The information on this page is the illustrated rate estimates do not constitute buy or sell recommendations. They are merely an assessment of the analysts.
images on the Basis of data from bittrex.com and bitfinex.com 19. December created. USD/EUR exchange rate at the time of writing: € 0.87.
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The prices of Bitcoin, XRP, Ethereum & co. can be found here.