the piece for piece to crumble to the courses. The Top 3 is sleeping in the winter. Today, there are at least a small bullish reaction, in particular Ripple benefit. The course can be surprised not rise yet.
Thomas Hartmann
30. January 2019BTC$of 3,471,91 2.06%part Facebook Twitter LinkedIn xing mail
As the rates of the Top 3 behavior-crypto-currencies? How to assess the recent rate increase in XRP? We take a look at the Charts:
BTC (BTC/USD)
The price of Bitcoin continues to expand at a seemingly insurmountable hurdles. The upward movement of 15. to 24.12.2018 has proved to be the clear straw fire. If, Yes if, the last relevant for 78.6 percent Fibonacci-offers a Retracement yet. This is initially the case. Yesterday’s pullback brought the Bitcoin on this Fibonacci Level and thus on the 3.380 dollars. Today, a small is a counter-reaction. After all, a sign of life on the bullish side. This is not enough but still a long way to bring the moving averages in the daily chart to Move out of the sell signal, for this purpose, it required several days with a significant connection purchases. After the cloud of Ichimoku-Kinko-Hyo-and-say indicator in the current steadfast 21 percent resistance and 772 US dollars is, there are here for the first time. However, in the coming days this resistance will be significantly reduced and provides a loophole.
Bullish variant:
The price of Bitcoin continues to rise impulsively. The Resistors in the case of 3,655 thousand and 3.929 dollars will be quickly overcome. An increase over the course of high of the 24.12.2018 at 4.195 US Dollar on the ground confirmed the formation of around 3,000-U.S.-Dollar mark and the cloud of the Ichimoku Kinko Hyo indicator to act as support. The moving averages, a buy-supply signal.
quotes about 4.872 US-Dollar to draw conclusions on the objectives
5.428 US Dollar5.877 US dollars
.
Bearish variant:
today’s small counter reaction is again a proof of how well Fibonacci Retracements work, but doesn’t change the parent strongly bearish situation in which the “reserve currency” is. The price of Bitcoin creates it is not even about the 3,655 thousand of US dollars and corrected. The clearly marked support zone between 3.132 and 3.303 US Dollar is tested and drops in the connection. A significant slipping under 3.132 dollars to unlock the goals on the bottom:
2.629 US Dollar1.920 US Dollar1.601 US Dollar1.224 U.S. DollarXRP (XRP/USD)
The XRP price once again to the skeptics of the chart technology to RUB the eyes. What do we have here? So far, a daily profit of ten percent. Fundamental News? It is much simpler. Double floor (Deep 15.12.2018) and the so-often-mentioned openwork downward trend from April 2018. It was often mentioned, even as a Setup in the last analysis are highlighted: A broken down trend makes in the majority of cases a good job as support. Here you had the two-fold confirmation, to Long and was rewarded with the ongoing movement of more than. The cloud of Ichimoku-Kinko-Hyo-indicator is vanishingly small, and stops the movement, may also use the moving averages to “buy” pan.
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Bullish variant:
to clearly prefer the bullish version is here. But it is, as always, a question of entry. Anyone who has followed the last analysis, is full in the profit and must make only thought, as he pulls further and further the Stoploss in profit. In the best case Ripple with the Reach of the lows has to be completed in mid-December, 2018 at $ 0.29 and the current increase in the soil formation. The parent of the current causes a counter-reaction much, but a movement has to start somewhere and it does this already in the Tick Chart. What is important now is that the established upward pulse on the next higher time units.
A massive bulwark of resistors Ripple is expected at the 50-percent Fibonacci Retracement of 0.38 US Dollar. Rate increases above the cloud of Ichimoku-Kinko-Hyo-indicator, leave behind, and pave the way to the next resistance area between 0,43 and 0,46 dollars. The High from the 24.12.2018 at 0.47 US is exceeded Dollar significantly, the target price of 0.67 US Dollar. The next higher price targets will only be active when Ripple than 0.75 US Dollar increases and are as follows:
0.89 US-Dollar1,15 U.S. Dollar1,37 US dollars. the
Bearish variant:
The extremely bearish variant is only permitted under the condition that the Long brand is sold at $ 0.29, directly. As long as this does not happen, the bearish variant is only at the Reach of the various resistance areas on the upper side. It is only here that we can and must look around carefully, after a Short. Before you should act in a trend. However, A break below $ 0.29 can bring a tremendous downward thrust, and must therefore be made mandatory. The course objectives are then at a year-low of 0.25 US-Dollar. The support area between 0.21 and $ 0.24, the overall goal is activated on the bottom
$ 0.15
.
Ethereum (ETH/USD)
Ethereum bot the last days, the picture is similar Bitcoin: a piece down without any counter-reaction. This is today, doesn’t change the fact that Ethereum is pleased with the ongoing movement under the support area. This needs to be recaptured, to promising Long-positions. Who is from the previous Updates in the Short-point landing at 167 US dollars, can attribute today’s counter-motion of no concern. The stabilization of the 115 U.S. Dollar was abandoned only once, and Ethereum has been tested with the Low of the last two days, the 78,6% Fibonacci Retracement. This is 101 U.S. dollars. The cloud of Ichimoku-Kinko-Hyo-indicator, is still far away, around 20 per cent – tendency falling. The moving averages are in agreement. Here is a Short best.
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Bullish variant:
The Test of 78.6 percent Fibonacci Retracements was successful. This went hand in hand with the psychologically important US $ 100 mark. Ethereum continues to rise and is working in the resistance range. This verläuft between 109 and 129 US dollars. Overcoming the Ethereum brings in the cloud of the Ichimoku Kinko Hyo indicator. Only courses for around 140 US dollars leave this behind. The next upward target of 167 US Dollar is the strong resistance. A sustainable increase of about 167 US dollars associated with the Test of the resistance area between 175 and 196 dollars. About 196 dollars will be enabled
241 U.S. Dollar338 US dollars
.
Bearish variant:
A wide resistance range and variety of Fibonacci Retracements will not be skipped just like that. On the way to the top, there are many obstacles for Ethereum, and this required an enormous force. From this, it should Ethereum to remain well below the cloud of Ichimoku-Kinko-Hyo-indicator and, accordingly, no courses for about 140 dollars more to create before the next one starts down the shaft. The next stop on the way down is in the range between 91 and 95 to the U.S. Dollar. This gives you sufficient purchasing power and breaks the low for the year at 83 US dollars, should quickly be the 60-dollars-brand controlled.
summary:
Apart from the fact that today, once again, a couple of Coins to rise, the good news is that once again some movement in the game. Ripple has warranted from a trader point of view, a penalty, in the case of Bitcoin and Ethereum, there is a need for this assessment of the fulfilment of the conditions referred to. So “green” Coinmarketcap & co. seem to today, the parent is not, it is still a long way to speak of the all-clear. Only one thing helps: to act Carefully and received positions with a Stoploss, to avoid larger damage.
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 30. January created. USD/EUR exchange rate at the time of writing.
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The prices of Bitcoin, XRP, Ethereum & co. can be found here.