Rate analysis, 11. January: Bitcoin, Ripple, Ethereum, Bitcoin, Cash, EOS, Stellar, Litecoin, Tron, 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.

If a course forms a bottom, this usually volatile as both the bulls and the bears try to win the upper hand. In a bear market situation are there any negative message to a powerful sales. This is exactly what happened in the last two days. The 51-percent-attack on Ethereum Classic has pressed the mood and the prices down.

The recent decline shows that the mood is still very sensitive, but a strong jump would indicate up from the current level, the drops can be purchased. That would be a clear bull sign. The crypto should currencies but, instead, to new low levels, that again would be a bear sign.

The CEO and co-founder of Circle, Jeremy Allaire, believes that the lack of regulatory clarity on the part of the U.S. securities and exchange Commission (SEC) is the biggest hurdle for the new asset class. He claims that crypto-currencies will get a boost when this Problem is solved.

BTC/USD

Bitcoin is from the neck of the mirror-reversed head and shoulder pattern and bent down. If the course does not stop at the current levels, it could lead to the re-Test of the lows,a total of 3,236,09 US Dollar (2.822, 21 Euro).

Both of the slide are flat and the RSI gets support at the trend line averages. If the BTC/USD reverses Some of the current levels, it will try again, from the neck to escape. If that succeeds, it will complete the mirror-inverted, bullish head and shoulder pattern. Traders can await a breakout and close above 4.255 US Dollar (3.711 euros), before you buy.

another possible scenario is the formation of a margin for a few days. We could propose new positions, if the support and resistance levels of the range are better defined.

XRP/USD

Ripple has our Stop-Loss at $ 0.32 (EUR 0.28) at 10. January triggered. If the price of the current levels is not reversed quickly, it can extend the decline to 0,27795 US Dollar (0,2424 Euro).

After the sliding were averages in the last few days flat, you are bent downwards. Also the RSI has fallen into the negative range. This suggests that the bears have the upper hand. The XRP/USD Pair may fall to the lower end of the case channel. Traders should wait until a reversal has formed pattern before you enter a trade with this Pair.

ETH/USD

After it in the last few days is not possible, by way of 167,32 US Dollar (145,92 Euro) break out, Ethereum 10. January bent down. He has broken the 20-day EMA is easily and currently trying to hold the 50-day SMA.

If the bulls defend the 50-day SMA and the ETH/USD Pair is reversed, it signals the strength. If the bears, however, the rate 116,30 US Dollar (101,43 EUR) to fall, may he fall to US $ 100 (87,21 EUR) to 83 US dollars (72 euros). The flat moving averages indicate a short-term consolidation.

We recommend traders to wait before buying, until a clear margin is formed or up to the course on 167,32 US Dollar (145,92 Euro).

BCH/USD

After the consolidation in the last few days Bitcoin Cash fell on 10. January at the margin. He can now drop to 100 US dollars (87,21 EUR), which is a psychologically important support. If he falls below this level, may fall the price 73,50 US Dollar (64,10 euros).

The 20-day EMA bends down, after it stagnated in the last few days. This confirms that the sellers have in the short term, the upper hand. The 50-day SMA is trending downward. This means that the long-term Trend is still declining.

If the cops lift the BCH/USD Pair back in the range, that would be a first note to a buyer at the low. We do not see any reliable purchase constellations and therefore propose no trade.

EOS/USD

Although EOS has fallen to the lower end of the range, he is not fallen below. Currently, he is still 2,3093 US Dollar (2,0142 Euro) and 3,2081 US Dollar (2,7982 Euro).

If the EOS/USD-falls to Few under the span, and includes (UTC), this can lead to a re-Test of lows. Although there is a minor support at 2,1733 US Dollar (1,8956 Euro), we expect that this is broken.

the support of the margin, however, is likely to continue the consolidation. The longer the consolidation lasts, the stronger the breakout will be. Therefore, we have recommended a purchase in case of an outbreak, and the conclusion (UTC) on 3,2081 US Dollar (2,7982 Euro). Until then, we are in the crypto-currency neutral.

XLM/USD

Stellar is on 10. January, the symmetrical triangle favours. It can now come to re-Test the lows of 0,09285498 US Dollar (0,0810 Euro).

The 20-day EMA bends down, after it stagnated in the last few days. This shows that the bulls have the short term upper hand. The 50-day SMA, however, tends to continue downward, suggesting that the long-term Trend is still declining.

A case under the lows of 15. December continues the downward trend again. Our pessimistic assessment is void if the XLM/USD breaks out Few reverses and 0,13427050 US Dollar (0,1171 Euro).

LTC/USD

Litecoin falls below the neckline after him in the last few days, not a rally. If the course stays two more days under the neckline, that would confirm that the recent breakout above the inverted head and shoulder pattern was only a feigned movement.

If the support for 29,349 US $ (25,599 Euro), however, is broken, increasing the likelihood of a decline in 23,10, US Dollar (20,15 Euro). Therefore, the dealer should, in the Long-Popositions have their stops at 27.50 USD (23,98 Euro).

If the LTC/USD Pair bounces from 20-day EMA or the 50-day SMA back to the top, give it a try on 36,428 US $ (31,773 Euro) break out and a rally in the direction of 47,246 US Dollar (41,209 Euro). The flattening moving averages and the RSI of 50, suggest that the short-term consolidation.

TRX/USD

We had expected that TRON reached a High of 0,03801042 US Dollar (0,0332 Euro), but he is bent at 0,0357575668 US Dollar (0,0312 Euro) to the bottom. Therefore, we always recommend to set the stop higher, in order to secure the gains.

The 20-day EMA continues to rise, so that he could serve as a strong support. If this support is broken down, you can drop the Coin on 0,0183 US Dollar (0,0160 EUR).

If the TRX/USD Pair from the 20-day EMA from the can again, it jumps back to the top and again about 0,02815521 US Dollar (0,0246 Euro) climbs, it lay down a rally in the direction of 0,03801042 US Dollar (0,0332 Euro). Traders can wait for new positions.

BSV/USD

is The tight consolidation has resolved to the bottom. The case under 80,352 US Dollar (70,085 Euro) is expected to leave the rate to the direct support for 65,031 US Dollar (56,722 Euro) to decrease. If this support is broken down, a re-Test of the lows is likely.

it is Our pessimistic assessment is void, if the cops lift the rate within the next two days on 80,352 US Dollar (70,085 Euro). We are positive, if the BSV/USD Pair climbs above 102,58 US Dollar (89,46 EUR). Until then, we suggest that traders wait and watch.

ADA/USD

After the outbreak could be kept about the neck of the mirror - reversed head and shoulder pattern for four days, is Cardano again including.

If the cops don't manage to lift the rate within the next two days about the neck, increases the likelihood of a decline on 0,036934 US Dollar (0,0322 Euro). Therefore, the traders who had bought on our previous recommendation should close the Position, without waiting for the stops to be triggered at 0,036 US Dollar (0,0314 Euro).

Both of the moving averages to stagnate, and the RSI is also close to the neutral range, so that the probability of a consolidation in the next few days is quite high. If the ADA/USD Pair from the 20-day EMA quickly back to jumping up and over the neckline comes in, it may rise to 0,060105 US Dollar (0,0524 Euro), and then 0,066 US Dollar (0,0576 Euro).

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