Rate analysis, 5. November: Bitcoin, Ethereum, Ripple, Bitcoin, Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON

The views and opinions listed here are solely those of the authors necessarily reflect the views of Cointelegraph. 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.

We are in the last two months of the year. In the past Bitcoin was always very strong. Will lie down the markets until the end of December, a rally from the current levels?

In a recent Simulation of three econometric models by Greg Giordano and Panos Mourdoukoutas two models pointed to a rally at the current levels, while the third showed a sharp decline.

The most positive result was a rally in the direction of 12.629,15 US dollars (11.059,60 Euro), while the most negative was a decline in 816,91 US Dollar (715,38 Euro). The third model predicted a small rally in the direction of the 8.573,56 US dollars (7.508,04 Euro).

Today is the deadline for the Public has expired in order to send proposals to the U.S. securities and exchange Commission SEC relating to the audit of certain Bitcoin exchange trading Fund. A final decision on the ETFs, at the earliest, taken at the beginning of 2019.

In its latest annual report, the SEC said that it is focused on reducing crypto-related scams. If the SEC succeeds, it will strengthen the confidence in this investment class and institutional and individual investors to attract.

Now that December is drawing closer, the question arises: what is it Like for a dealer? What are the most important levels to keep an eye on, both above as well as below? Let us find out.

Bitcoin is currently close to the moving averages, both of which are flattened. The RSI is also near the middle, indicating a neutral mood. Both the bulls and the bears are waiting and watching at the Moment.

Positive news in the midst of an expectation for the end of the year for Bitcoin could give the cops a reason to try to break out of 6.831, 99 US-Dollar (5.982,91 Euro) and a rally in the direction of the 7,400 U.S. dollars (6,480 euros), the next overhead resistance.

conversely, could give in a stagnant and in a range traded market pessimism, and lower estimates of the Bitcoin rate for the end of the year, the bear a reason to try and get the support zone between 5.900 US dollars (5.166 Euro) and 6.075, 04 US Dollar (5.320,03 euros).

In the year 2018 has to hold the BTC/USD Pair, the brand of 5,900 US dollars (5.166 Euro) already several times. Thus, traders should be your Stop Loss Limits in their Long positions at 5,900 dollars (5.166 Euro). A case including could Loss a number of Stop-limit trigger, which would lead to a quick decline to 5.450 US Dollar (4.772) to $ 5,000 (4.378 Euro).

The rest of the support at 188,35 US Dollar (164,97 EUR) Ethereum raised to the 50-day SMA acting as resistance. If the bulls manage to hold above its 50-day SMA, is a rally in the direction of the upper end of the range in 249,93 US Dollar (218,87 Euro).

At the current levels, we do not recommend trading, because the moving averages are flat and the RSI has just done only a small step in the positive range. The signals do not indicate a trend reversal.

The ETH/USD Pair is likely to start a new uptrend if it climbs over 249,93 US Dollar (218,87 Euro). Dealers can purchase at a closing (UTC) on this resistance. Our optimistic Outlook is invalid, if the bears manage to push the crypto currency on 188,35 US Dollar (164,94 Euro) and 167,32 US Dollar (146,53 Euro).

The narrow margin for Ripple has cleared up. This shows that the bulls have the short term upper hand. We expect the virtual currency performs its upward movement to continue and 0.62 US Dollar (€0.54). A slight resistance will be at $ 0.55 (0.48). Therefore, we have recommended a purchase in case of an outbreak, and the conclusion (UTC) about 0,48 US-Dollar (EUR 0.42).

We are waiting for a strong conclusion, since this strategy preserves a downward trend in the market against false breakouts. If the markets show an upward trend, we will change this strategy and to buy the breakouts. Because if you wait a certain level circuits, this may result in missed trading opportunities.

The 50-day SMA is trending upwards and also the 20-day EMA is slowly coming to the top. Also the RSI has climbed into the positive range. All of these signals point to a possible rally in XRP/USD Pair. Our optimistic Outlook is invalid, if the bears manage to push the rate below 0,425 US Dollar (0,372 Euro).

Bitcoin, Cash has started his own bull run. On the basis of fundamental news, he has increased his support in 408,0182 US Dollar (358,4874 Euro).

An outbreak of 488 U.S. dollars (427 euros) has the descending triangle pattern to fail. In General, the failure of a bear pattern to beat buy Signal.

the recovery of The BCH/USD pair has won over 488 U.S. Dollar (427 euros), momentum, and has reached the overhead resistance at 591,41 US Dollar (517,91 Euro). If this level is overcome, the next target further up in 660,0753 US Dollar (578,3286 Euro).

dealers with Long positions can be your Stop Loss limit at 400 dollars (350 euros). The RSI is in the overbought area. Therefore, a consolidation is possible, which has been dragging on for a couple of days. Thereafter, the digital currency should continue its recovery to continue and try to get out of 660,0753 US Dollar (578,3286 Euro) break out.

EOS climbed up almost in the middle of the narrow range between US $ 5 (4,38 euros) and $ 6 (5,25 Euro). Both moving averages are flat and the RSI is just above 50.

The current jump upwards of 5 dollars (4,38 EUR) from kcould lift the EOS/USD Pair up to 6 US Dollar (5,25 Euro). A rally in the direction of 6,8299 US Dollar (5,9841 Euro) is likely to be. If the cops manage to get about 6 US dollars (5,25 Euro), the trading in the margin.

We expect that the digital currency in the case of a breakout above 6,8299 US Dollar (5,9841 Euro) starts a new upward trend. The profit targets, you should keep in mind are 9,1668, US Dollar (8,0315 Euro) and 11,40 dollars (9,98 Euro). Therefore, dealers with Long positions can Stop-Loss Limit set at 4.90 US Dollar (€4.29).

Stellar is on the moving averages climbed. Currently, he is trying to hold above the downtrend line of the descending triangle. We expect that in the Zone between $ 0.24 (0.21 Euro) and 0.27 US dollars (€0.24) a strong resistance.

If the bulls manage to hold above the downtrend line of the descending triangle, it would hit the bear pattern to fail. This in turn would be a bull sign.

About 0.27 to US Dollar (EUR 0.24), we expect that the XLM/USD-the Pair putting on a rally towards $ 0.36 (EUR 0.32). A small amount of resistance there is in 0,304 US Dollar (0,266 Euro). Traders can benefit from the rally, if you want to buy Long positions at a closing (UTC) to 0.27 US dollars (€0.24) and the Stop-Loss Limit at $ 0.20 (EUR 0.18).

The jump from the support zone between 47,246 US Dollar (41,395 Euro) and 49,466 US Dollar (43,34€) has lifted Litecoin on the 50-day SMA. So our purchase was triggered by a recommendation from a previous analysis. Traders who have opened Long positions, keep your Stops at 47 US dollars (41 euros).

The bears could provide a rigid resistance in the area between the 50-day SMA and the downtrend line of the descending triangle. Traders can book near the downward trend line in part gains and the other Position to hold, as a breakout from US $ 60 (53 euros), the bear pattern fail, and in a rally in the direction of the upper end of the range in 69,279 US $ (60,699 Euro) could result.

The LTC/USD Pair was stuck since the beginning of August, in the range between 49,466 US Dollar (43,34€) and 69,279 US $ (60,699 Euro). If the bulls overcome the overhead resistance, we expect the beginning of a new upward trend. Therefore, traders can open a conclusion about 69,279 US $ (60,699 Euro) Long positions.

The bears could not take advantage of the decline, the symmetrical triangle. Cardano has received support in 0,068989 US Dollar (0,0604 Euro) and jumped from there to the top. He is, once again, climbed in the triangle and has the decline to fail. This is a positive sign.

If the cops can lift the rate on 0,082207 US Dollar (0,0720 Euro), could lay down the ADA/USD Pair rally towards the pattern target 0,114618 US Dollar (0,1004 Euro). Aggressive traders can buy on a close above 0,082207 US Dollar (0,0720 Euro) and the Stop-Loss Limit below the day's low of 31. October. If the course is struggling with an outbreak on 0,094256 US Dollar (0,0826 Euro), the Stops higher, or the positions are closed.

Monero is on 4. October climbed above the immediate resistance at 112,44 US Dollar (98,47 EUR). If the bulls can hold above this level, a rally in the direction of the upper end of the range probably. About 128,65 US Dollar (112,66€) could extend the upward movement to US $ 150 (131 Euro). This level would act as a rigid resistance.

If the bears push the price below the 50-day SMA, it could remain the Pair continues in the range. The XMR/USD Pair is weaker, if it slips under 100,453 US Dollar (88,012 Euro).

We still wait until a new uptrend begins, before we recommend a trade.

TRON is climbed in the middle of the span between 0,0183 US Dollar (0,0160 EUR) and 0,02815521 US Dollar (0,0247 Euro). He has risen above both moving averages and the RSI is now above 50, which is a positive Signal.

The movement within the range is arbitrary, but if the cops make it over the slide to hold averages, you could climb the Couple gradually up to the upper end of the range in 0,02815521 US Dollar (0,0247 Euro). A new upward trend is at about $ 0.03 (0,026 Euro).

If the purchases at the current levels dwindle, could slip the TRX/USD Pair on 0,02134798 US Dollar (0,0187€). A case of this support could lead to a re-Test of critical support at 0,0183 US Dollar (0,0160 EUR).

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