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Course analysis, 4. February: Bitcoin, Ripple, Ethereum, EOS, Bitcoin, Cash, Litecoin, Tron, Stellar, Bitcoin, SV, Cardano

The views and opinions listed here are solely those of the authors necessarily reflect the views of cointelegraph.com . Each Investment and Trading involves ris

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Course analysis, 4. February: Bitcoin, Ripple, Ethereum, EOS, Bitcoin, Cash, Litecoin, Tron, Stellar, Bitcoin, SV, Cardano

The views and opinions listed here are solely those of the authors necessarily reflect the views of cointelegraph.com . Each Investment and Trading involves risk and you should be good to do research before making a decision.

The market data are taken from HitBTC exchange.

While some predict a currencies of the end for Crypto, has predicted the co-founder and CEO of Twitter Jack Dorsey Bitcoin (BTC), a very optimistic future. In a Podcast with Joe Rogan Dorsey said that he can think of Bitcoin as the native currency of the Internet. The Binance CEO Changpeng Zhao joined some time later, his opinion.

In a survey by Finder.com.au forecast of crypto experts that Bitcoin 2019 will experience a trend reversal and until the end of the year to US $ 7,000 (6.129 Euro) could rise. The most optimistic forecast among the respondents was completed by Ben Ritchie, COO of Digital Capital Management,. He believes that by the end of 2019 9.500 US dollars (8.318 Euro) are possible.

Mike Novogratz, the CEO of the crypto Bank Galaxy Digital tweeted that the crypto might need a courses longer and longer, until they reverse their Trends. He was confident, however, that the institutional actors take the plunge and the market would catapult.

We believe that the crypto-standing currencies at a turning point. A case under the critical support level will extend the bear market, while a significant increase could indicate a probable ground.

BTC/USD

Bitcoin (BTC) is still in small Margins. The cops were not able to raise the rate in the last two days over the 20-day EMA, which indicates weakness.

The bears will now try to leave the course on the critical support at a total of 3,236, 09 US Dollar (2.833,33 Euro) to decrease. A case of this level to continue the downward trend and will affect the mood negatively. The next support below is at $ 3,000 (2.627 Euro). This level, a psychologically important threshold. Also, this level should be broken, it could slip the course to 2,600 US dollars (2.276 euros).

When the cops come, however, over the 20-day EMA, the BTC/USD Pair on the 50-day SMA. We are only optimistic, if we see a widening of the gap to the top that can hold at least for a few days. Such a move would signal the turn of many buyers and a likely trend.

The downward trend line since the end of November last year as a rigid resistance. A breakout above this line is likely to attract more buyers. We could suggest Long positions, if there is an outbreak and conclusion (UTC) above the downward trend line.

The level to which you should pay attention above, at 4,255 US Dollar (3.725 euros) and in the case of 4.914,11 US Dollar (4.302,50 Euro). This hurdle is overcome, you could lie down on the crypto-currency, a rally in the direction of 5.900 US dollars (5.166 Euro).

XRP/USD

Ripple (XRP) suffers continues to loss. It is likely that he will fall on the critical support at 0,27795 US Dollar (0,2431 Euro). A case of this level could leave the Pair to the year low of 0,24508 US Dollar (0,2144 Euro) to decrease.

If the cops have to defend, however, the support at 0,27795 US Dollar (0,2431 Euro) and the course over the 50-day SMA lift, will win the XRP/USD Pair is likely to swing. We believe that a breakout above the 50-day SMA is able to catapult the Pair to US $ 0.40 (0.35 Euro). A low resistance, there is 0,38239 US Dollar (0,3345 Euro). Traders can open Long positions, as we did in our analysis of 30. January recommended.

ETH/USD

Ethereum (ETH) at the 3. February, just before the overhead resistance bent down. The 20-day EMA is trending down and the RSI is below 50, showing that the bears have the advantage.

A case under the support 103,20 US $ (90,36) is a negative development, which can leave the ETH/USD Pair to the next support at 83 US dollars (73 Euro) to go down. If this support is broken below, continuing the downward trend.

The Pair is gaining strength, if it breaks out of the narrow range between 103,20 US $ (90,36 Euro) and 116,30 US Dollar (101,83 Euro). We expect an increase in 134,50 US Dollar (117,76 Euro) and on 167,32 US Dollar (146,50 euros). Since the risk-reward ratio is high, we recommend Long positions in case of an outbreak, and the conclusion (UTC) on 116,30 US Dollar (101,83 Euro). The Stop-Loss Limit for the trade can be set at 102 US dollars (89 euros).

EOS/USD

EOS is 2. February broken out above the 20-day EMA, but the 50-day SMA. Currently, the bulls are trying again, over the 20-day EMA break out and climb higher.

If you do not succeed on the sliding climb through cuts to, will attract the sellers, and can leave the EOS/USD Pair on the critical support at 2,1733 US Dollar (1,9010 Euro) to decrease. A case of this support can lead to a decrease in 1,7746 US Dollar (1,5522 Euro) to 1.55 US Dollar (EUR 1.36).

When the cops break out, however, the moving averages, this can lead to a rally to 3.05 US $ (2.67 euros), and then to rise up to the upper end of the range in 3,2081 US Dollar (2,8061 Euro). We wait until the course (UTC) closes above the 50-day SMA, before we suggest a trade.

BCH/USD

Bitcoin Cash (BCH) is 121,30 US $ (106,20 Euro) a rigid resistance to. The 20-day EMA is just above this level. Therefore, we expect that this level will be a big hurdle. Of course, from the current level bends down, he can slip back to 105 US dollars (91,93 EUR) to and including the Depth at 73,50 US Dollar (64,35 EUR). The fact that the cops could not climb over the 20-day EMA, shows that the sellers still have the upper hand.

The BCH/USD Pair signals strength, if it can hold above the 20-day EMA. If this resistance is overcome, a rally in the direction of the 141 US $ (123 Euro) probeinlich. Since the 50-day SMA is close to this level, we expect a further big hurdle at 141 US dollars (123 Euro). If this level is overcome, is likely to win the Pair momentum. We could suggest Long positions when the price closes above 141 US dollars (123 Euro) (UTC).

LTC/USD

Litecoin (LTC) is 2. February broken out above the overhead resistance at 33 US dollars (29 euros). However, the bulls were unable to build on the outbreak and the course on the next overhead resistance at 36,428 US $ (31,864 Euro).

at Least it's positive that the bulls have managed to keep since the outbreak over the outbreak level of 33 dollars (29 euros). The price of 33 US should jump dollars (29 euros) a strong back up, we expect an increase of 36,428 US $ (31,864 Euro) and on 40,784 US Dollar (35,674 Euro). Traders can leave their Stop-Loss Limits at 27.50 USD (cost 24,08 EUR).

If the bears let the LTC/USD Pair, however, is less than 33 US dollars (29 euros) and then the moving averages are falling, it would be a negative Signal. The support below is a small uptrend line and below the support zone between 27,701 US Dollar (24,230 Euro) and 29,349 US Dollar (25,671 Euro). A case of this Zone would be a negative development, which could leave the Pair to the year low of 23,090 US $ (20,197 Euro) to decrease.

TRX/USD

Tron (TRX) is between the 31. January 4. February repeatedly fallen below the 20-day EMA, but the bears were not able to benefit from the declines. The lower levels attracted buyers, which has lifted the rate back above the moving average.

try Currently, the bulls again over the overhead resistance at 0,02815521 US Dollar (0,0246 Euro) break out. If that succeeds, you can climb the TRX/USD Pair up on 0,03575668 US Dollar (0,0313 Euro). There is a low resistance at 0,03128011 US Dollar (0,0274 Euro). However, we will book in the vicinity of $ 0.04 (0.035 Euro) our profits completely.

If the cops don't make it, and keep it above the overhead resistance, will try to break out of the bear again to let the Pair below the 20-day EMA to fall. The important levels that you should keep below in mind, 0,02306493 US Dollar (0,0204 euros) and including 0,02113440 US Dollar (0,0185 Euro). We recommend traders to hold their Long positions with a Stop at 0,023 US Dollar (0,020 Euro).

XLM/USD

Stellar (XLM) is still close to the year low stands, without the slightest sign of a sharp increase in. Both moving averages are falling and the RSI is in the oversold Zone, indicating a lack of buying support at these levels.

The goal is, you should continue to keep at the bottom of the eye, in 0,07864971 US Dollar (0,0688 Euro). If this support is broken, could extend the decline to 0,05795397 US Dollar (0,0507 Euro).

If the XLM/USD-reverses Few, however, of the current levels and the 20-day EMA and the 50-day SMA is climbing, it can 0,13427050 US Dollar (0,1174 Euro). A breakout above this resistance could lift the Pair up to 0,184 US Dollar (0,0161 Euro). This level will be a big hurdle. We wait until the rate climbs above the 50-day SMA, before we consider the Pair as a positive.

BSV/USD

Bitcoin SV has held in the last seven days in support in 65,031 US $ (56,883 Euro). A case under this level may lead to a decline to 57 US dollars (49,91 EUR) and including 38,528 US Dollar (33,70 Euro).

The fact that the bulls have not managed by the critical support level with a strong leap back to the top, indicates a lack of buyers on the higher levels. The falling 20 day EMA and the RSI is in the negative range, showing that the sellers have the upper hand.

lie down When the BSV/USD jumps on strong back up and over both of the sliding climbs through sections, it can be a rally in the direction of 102,58 US Dollar (89,81€) and 123,98 US Dollar (108,55€). We wait until the Pair shows a certain strength before we can propose a trade.

ADA/USD

Cardano (ADA) could not climb back in the last three days in the ascending channel, which is a negative Signal.

The bears will now try to let the ADA/USD Pair below the support at 0,036815 US Dollar (0,0322 Euro) to decrease. If that succeeds, it can lead to a decrease in 0,027237 US Dollar (0,0238 Euro). The 20-day EMA is trending down and the RSI is at 40. This shows that the sellers have the upper hand.

If the bulls defend the support at 0,036815 US Dollar (0,0322 Euro), will try the Pair again, to climb into the channel and the moving averages. We wait until there is a reversal of the trend, before we consider the Pair as a positive.

The market data are taken from HitBTC exchange. The Charts for the analysis come from trading view.

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