Post a Comment Print Share on Facebook

Bitcoin, Ethereum and Ripple – rate analysis KW07 – Pump it!

the The Top 3 show something more positive. 8. February 2019 was for an upward movement. This came from the Nothing? Not quite. Thomas Hartmann 13. February

- 6 reads.

Bitcoin, Ethereum and Ripple – rate analysis KW07 – Pump it!
the The Top 3 show something more positive. 8. February 2019 was for an upward movement. This came from the Nothing? Not quite.

Thomas Hartmann
13. February 2019BTC$3.615,72 -0.54%part Facebook Twitter LinkedIn xing mail

How it goes after the recent price increase? We look at the Top 3 crypto

BTC (BTC/USD)

According to an upward movement of ten percent, or about $ 350 on 8 currencies: February 2019, could relieve the Bitcoin course from the sluggish sideways movement. For the time being, it means after such movement, but again: "connection purchases". All the same, From Nothing, came to no upward movement. Rather, the said 78,6 has been re-percent Fibonacci Retracement Level tested at 3.380, US Dollar and starting from here, the price movement was upwards. That the movement of delivery so quickly was a Surprise – but doesn't change the procedure. The sell signal from the moving averages has been negated, and there is a buy signal arose. On the part of the cloud of the Ichimoku-Kinko-Hyo-indicator, the Bitcoin is not broken out course. The so often announced resistance at 3,655 thousand US Dollar for the time being. A new short-term Downtrend has formed. This is currently at 3.750 US-Dollar – tendency falling. The short-term is the trend upward, which runs at 3.450 dollars – and rising.

Bullish variant:

The price of Bitcoin will not fall in the ideal case, below the 61.8 percent Fibonacci Retracement Level. This is 3.554 US Dollar. The resistance at 3,655 thousand dollars is overcome. Subsequent rate increases of over 3,750 US dollars to break the short term down trend and beat the cloud of Ichimoku-Kinko-Hyo-indicator. The upward movement will continue to the ends of the moving averages confirmed. The next hurdle in 3.929 US dollars. In particular, over the course of high of 24. December 2018 in the case of 4.195 US Dollar is confirmed, the soil formation around the $ 3,000 mark. The next price target is at 4.701 US Dollar.

About 4.872 US dollars are the targets

5.428 US Dollar5.877 US dollars

enabled.

Bearish variant:

The short-term upward movement, nothing changes purely on the overall downtrend. The mere fact that the Bitcoin has already failed at resistance at 3,655 thousand dollars and the 50-percent Fibonacci Retracement Level on exports were up by 3,677 US Dollar, calls for caution. Courses over 3,750 US Dollar be due to the short-term downward trend already difficult. A decline below the 61.8% Fibonacci Retracement Level and the break below the upward trend of 3,450 US dollars, should go hand-in-hand with the inclusion of the overarching downtrend and further losses. The area can't contribute, however, between 3.132 and 3.303 US Dollar to a significant stabilization, will enable a significant relapse under 3.132 US dollars, the following objectives:

2.629 US Dollar1.920 US Dollar1.601 US Dollar1.224 US dollars Ethereum (ETH/USD)

On the Ethereum course went on, the upward movement of 8. February 2019 also does not go unnoticed, could Ethereum to grow, however, even much stronger than the "reserve currency" Bitcoin. A whopping 20 percent of the Ether was able to catch up on course. So far Ethereum is still on the breakout level and today has reached a new short-term High. This is confirmed in the daily chart, here is a good Chance, even though Ethereum has arrived at a point where the cloud of Ichimoku-Kinko-Hyo-caps indicator. This is but outbid already, a further increase of about 130 US dollars and then the width of the resistance area between 108 and 129 US dollars a thing of the past. This can then be used as a support area. The moving averages are rewarding the positive output, and the results are on "Long". The resulting short-term uptrend provides additional support 107 of the US Dollar, and the trend is rising.

Read also: What the Bitcoin is worth? The situation on Wednesday

Bullish variant:

The 50% Fibonacci Retracement Level was reached at 125 US dollars. Ethereum is not a new course of deep and falls back, therefore, under the 103 US dollars. With rates over 130 US dollars, the cloud of the Ichimoku Kinko Hyo is outbid indicator, and this also opens up further potential for increasing prices. A sustained breakout above $ 130 is associated with the target price of 167 dollars. Through this single resistor the resistance range between 175 and 196 U.S. Dollar also comes into the game. This should be in the initial contact not only difficult to overcome. Courses 196 US dollars will enable the goals

241 U.S. Dollar338 US dollars

.

Bearish variant:

Ethereum is not sustainable over 130 US dollars. The resistance area of effect and Ethereum falls back below the. This goes hand in hand with a price of 109 dollars. Similarly, the cloud of the Ichimoku Kinko Hyo is recognized with this movement-indicator as a Resistance. Exchange rate losses under the upward trend, and thus under 107 US $ return Ethereum in the range of 91 to 95 US dollars. Not enough connection purchases and breaks the low for the year at 83 US dollars, enabled the overall downside target at 60 dollars.

XRP (XRP/USD)

The clear under performer in the past week XRP was. Bitcoin rose by ten percent, Ethereum will be 20 percent and XRP by only 5 percent. In addition, this Coin volatility is currently completely foreign. The $ 0.31 was formed here, in a kind of "zero line". And, although the XRP exchange rate has been able to use the broken down trend from April 2018 as well. After all, it can always be defended. The cloud of Ichimoku-Kinko-Hyo-indicator, is currently around twelve percent. The go although in the last two weeks, a good Chance, through a thin cloud. The moving averages, so, as usual, in a narrow sideways range, do not provide a meaningful result. A new short-term Downtrend has formed, with a Resistance of $ 0.35.

Read also: crypto - and traditional markets KW49 – Bitcoin: correlation to the DAX

Bullish variant:

rises p> the participants in the market Take the Chance 0.31 US dollars to invest in ripple crypto-currency, and can get rid of the Coin is finally out of its narrow range, waiting for already a short-term downward trend in the outbreak. This currently runs at $ 0.35 – Tendenz-catching. On this the Chance of a rise in yields, in fact, to $ 0.43, before the cloud of Ichimoku-Kinko-Hyo-indicator, but that can be overcome. Rate increases over the course of high of 24. December 2018 at 0.47 US dollars associated with the target price of 0.67 US Dollar. A much higher price targets are only active when the XRP exchange rate above 0.75 US Dollar increases:

0.89 US-Dollar1,15 U.S. Dollar1,37 US dollars

Bearish variant:

The XRP price is listed already under the 78,6% Fibonacci Retracement Level at $ 0.32. After the 0,31 US are not able to prove the Dollar, there is a danger of becoming more and more a quick downward movement. The condition for this is a rate loss of $ 0.29. A Test of the support area from 0.21 US $ 0.24 US dollars is planned. Setbacks under these the higher-level activate downstream target.

$ 0.15 conclusion:

If you think it does not do anything more, comes a little sign of life from the Top 3 Coins. XRP but in this respect, the absolute tail light, here is currently get nothing. Here is a Long Trade, and to profit by the movement of the last week, was to the loyal readers is more than possible. That the movement of delivery so fast, yeah that was a Surprise – but doesn't change the procedure.

So long, good Trades!

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 13. February created. USD/EUR exchange rate at the time of writing:

you have interest to learn Trading from an expert? In the trading school cryptographer various webinars for Learning the Trading craft. Just have a look!

The prices of Bitcoin, XRP, Ethereum & co. can be found here.

Blockchain and Fintech Jobs : looking for a new challenge? In our job Board your current job ads from the Blockchain and Fintech companies.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.