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Overview of the Top 5 crypto-Performer: BSV, XEM, TRX, NBB, BTC

In a bear market, the mood at the bottom of the Trend on the pessimistic. Everyone says that you should sell. Short-Sellers dub this and go to the banks and man

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Overview of the Top 5 crypto-Performer: BSV, XEM, TRX, NBB, BTC

In a bear market, the mood at the bottom of the Trend on the pessimistic. Everyone says that you should sell. Short-Sellers dub this and go to the banks and many analysts are calling for a further case. Since most of the messages are negative, it sounds logically correct.

however, If the entry downward trend in a capitulation, it signals normally, a deep. To turn against the Trend, is in such times as a profitable decision. A longer-lasting downward trend is also a good time to sell positions, which have no solid fundamentals, and to move in the crypto currencies have a bright future.

Although the total market capitalization of crypto-currencies has fallen from their highs of about 87 percent, Bitcoin keep its dominance over the mark of 50 during the entire case. This shows that its leadership is intact, and we need to monitor price developments exactly, the direction for the whole of the crypto markets to predict.

BSV/USD

Bitcoin, SV, from the Bitcoin Cash Hard Fork was born, is the only one of the virtual currencies, which was in the last seven days in the green. Thanks to its Outperformance, you could Bitcoin Cash on the 7. December overtake for a short time in terms of market capitalization.

Currently, both crypto-currencies with Market capitalisations that are relatively close to each other.

The BSV / USD Pair recorded in its short trading history of violent fluctuations. From a High of 223,20 EUR a, 14. Crashed November, in order to 84,83 percent to an intra-day Low of 33,83 Euro on the 23. November. From the lows rose to 221,79 percent and reached at the 26. November intra-day High of 108,89 EUR.

In the case of the Fibonacci Retracement level of 38.2 percent of the case, the recovery remained stuck. Since the 26. In November we traded the digital currency in a range of 108,89 EUR and 70,57 Euro. A break of the range may lead to a Rally on 147,213 euros, which is close to the Fibonacci Retracement level of 61.8%.

of course, within the span of breaks If on the contrary, is a re-examination of the low values probably. The trading within this area can be volatile. Therefore, we recommend to wait for a breakout of the range to Long-positions.

XEM/USD

NEM and three other Blockchain-companies have formed a Lobby group in Europe, in order to create "a unified voice for the Blockchain-industry at the European level" . NEM was in the fall of one of the stronger performers. Let's see, whether there are Soil formations.

While most of the other Top digital currencies since the beginning of the year new lows to achieve, is not decreased for the XEM/USD Pair in the last few days. Even after the collapse of the margin of 0,11528 Euro - 0,06843 Euro, the bears were not able to reduce the price. This is the demand for Dips.

If the price rises again in the area, and him for three days, will he confirm that the markets have rejected the lower levels. Traders can take Long positions above the 50-day SMA Position and expect you to get back to the top of the range.

in contrast, When the digital currency from the 20-day EMA value is reduced and 0,05407 Euro falls, the decline up to 0,043 Euro fail. We expect in the next few days, a decisive breakout.

TRX/USD

Justin Sun, CEO of TRON , announced that Tron is the beta version of block folio Signal, which is a popular network for the tracking and management of crypto-currency portfolio. Justin Suns word war with its competitors Ethereum and EOS. He said his company will set up a Fund to save the developers of Ethereum and EOS after a "collapse" of their platforms"".

In the last few days, the cops in the case of de, declining 20-day EMA were a tough opposition. The price is gradually close to the Low of 25. November of 0,00957 Euro has fallen. A break of the lows will continue the downward trend, which can range up to 0,00742 Euro.

If the cops scale the Overhead resistance of the 20-day EMAs, is a Rally on 0,01039 Euro probably. We expect that the TRX/USD remains Few for a few days in the span, before the next decisive step is taken.

strength signaled A breakthrough on 0,01607 euros and can be traded on the Long side.

BNB/USD

Binance Coin made in the course of the week, a big step after the announcement regarding the imminent release of the Binance Chain. Changpeng Zhao (CZ), CEO of Binance, hopes to host in the future, millions of Coins and thousands of block chains on the platform.

The forthcoming introduction of the decentralized stock exchange of Binance (DEX) has also increased the mood positive. The constant complaint from the naysayers is the lack of Mainstream Usability. In a partnership with Tripio Binance, however, offered the opportunity to take advantage of BNB to 450,000 hotel locations. Despite the improving fundamentals, let's look at what predicts the graphics.

The BNB / USD Pair lost between the 14. November and the 25. November a lot of ground. In this period, the price fell to around 53 percent. Then the cops tried to jump from the critical support zone of 4,24712 Euro - 3,97005 Euro. The Pullback broke out of the 20-day EMA, the down trended, but the bulls could not hold the higher levels.

The digital currency turned on 6. and 7. December and fell sharply, which led to a new low. The bears are trying to the down trend to resume, while the bulls are trying, from the current level to withdraw. The RSI shows a positive divergence which is a bullish sign. We expect a change in the Trend, if the price exceeds the mark of 6.14 euros. Traders should wait for a new buy-has formed the Setup, before you invest.

BTC/USD

Although Bitcoin is in the last seven days, the fifth-best Performer, it has reached new lows. The SEC has postponed the decision about the Bitcoin ETF, not the investors. The experts disagree as to whether the digital currency slips further in or out from the current level stands out. Let us look at what the charts predict.

The BTC/USD Pair gained momentum after it was the critical support of 5.182 Euro lowerte. The RSI on the weekly Chart, has slipped since the beginning of 2015 for the first Time in the oversold area. The previous slump in the oversold area had proven to be a good buying point, as the markets entered in a prolonged bull phase.

2.634 Euro - 3.074 Euro-Zone had previously, in mid-September 2017, as a support served. Therefore, we expect a recovery in this Zone. If successful, we expect a re-Test of levels of 5.182 Euro. Therefore, we have been looking for buying opportunities.

If the bears break below the support zone, the next strong support, with 1.756 Euro significantly lower.