Bitcoin Breakout ? A Cryptocurrency Update 08.23.2018

in #analysis6 years ago


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Is it a breakout? I don't know, but Bitcoin just broke up to the topside. That puts us at a nice solid target of $7152 USD. Not too bad given the FUD of late. Even my 21 Litecoins are showing some upside. Does that mean that LTC is going to $1000 USD by year end like some thought? Probably not. Does any of this mean I'm getting to Costa Rica by Wisconsin winter's start? No. I own 21 Litecoin, remember? Yet romantic in me still thinks it might be possible...that said...please recall, this really only is :

Random thoughts for entertainment purposes on cryptocurrency short term prices. This post is purely for entertainment value alone, and is not intended to represent or constitute financial advice. Always provide your own due diligence and risk management in respect to investments.

Charts and targets are below. So let's get on to it:

Bitcoin

Screenshot 2018-08-23 at 7.01.34 PM.png

Ethereum

Screenshot 2018-08-23 at 7.28.52 PM.png

Ripple

Screenshot 2018-08-23 at 7.29.08 PM.png

Bitcoin Cash

Screenshot 2018-08-23 at 7.29.24 PM.png

EOS

Screenshot 2018-08-23 at 7.29.41 PM.png

Stellar

Screenshot 2018-08-23 at 7.29.58 PM.png

Litecoin the Laggard

Screenshot 2018-08-23 at 7.30.50 PM.png

Ethereum Classic

Screenshot 2018-08-23 at 7.31.08 PM.png

Good luck and good fortune to all of us HODLrs. I still am in it for the long haul. As always, please critique away. I can take it, I found this tonight to drink (so good) :


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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin6525.989$1.73%2.11%
EOSEOS4.875$2.24%4.59%
ETHEthereum276.570$1.02%-5.59%
LTCLitecoin57.190$3.76%1.99%
XLMStellar0.222$5.66%1.73%

I guess bitcoin should cross 6700$ to came out of a danger zone.
And hope is gonna do this , this week.
Lets hope for the best

good call...i see the next resistance around @6850 USD. At this point, I'm good with $9-10k by year end. A far cry from the $20k some were calling for at that point last year, but I'll still take it.

Thanks for information

thanks, but I don't know where any of it's going... I own 21 litecoin, after all

I would also note: #OmiseGo #Salt #IOTA #Cardano are all at a 3-6 month bottom & should expect a surge soon!

I hope so...thinking 2019 will be the year for our coins

I remember last year when everyone said 2018 would be the year :(

me too - we'll get there someday, I hope

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