Market Update
BTC
has reached its targets and currently consolidates its gains.
https://www.mql5.com/en/charts/7918841/btcusd-h4-simplefx-ltd
BCH
was $90 off the target when it bounced up. So, on the way down it is not as vigorous as on the way up, or is it the end of its short-lived negative correlation with BTC? Only time will tell.
Currently, it is also in the range mode.
https://www.mql5.com/en/charts/7918849/bchusd-h4-simplefx-ltd
DASH
is still consolidating its recent gains and it currently sits just above the downside trigger line @ $442.6. However the down move should be limited and contained by the 89 days WMA (brown).
To move to the upper targets it should have a daily close above $475
https://www.mql5.com/en/charts/7918864/dshusd-h4-fxopen-investments-inc
ETC
volatility projects very peculiar market geometry and it is currently way up of the trigger line to the upsite @$11 and at the same time it's just below the downside trigger line @ $18 which combined gives totally uncertain picture of what to expect next. To get rid of this uncertainty we need a daily close either above $18 or below $11.
https://www.mql5.com/en/charts/7918880/etcusd-d1-simplefx-ltd
ETH
With ETH everything looks pretty much clear. I only have to revise its minimum up target to $398.
https://www.mql5.com/en/charts/7918887/ethusd-d1-simplefx-ltd
LTC
is at the top of its 2 months range and needs a daily close above $72 to go to the upper or below $57 to the lower targets.
https://www.mql5.com/en/charts/7918900/ltcusd-d1-simplefx-ltd
XRP
on the daily chart gives so wide trigger levels that it's senseless from the trading perspective.
https://www.mql5.com/en/charts/7918902/xrpusd-d1-simplefx-ltd
Therefore I revert to 4H chart that gives a cler up picture.
https://www.mql5.com/en/charts/7918909/xrpusd-h4-simplefx-ltd
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STOPWow
much appreciated, thanks!!
Pleasure...
Hi Srezz,
I really like your TA posts and was wondering if you would consider writing TA on a pay per post offer? If you would like to know more about this please email me at [email protected]
check your mail.
Apologies copy and pasted the wrong email! its [email protected]
resent
Do you plan to post anything on the ETH/BTC pair? That chart seems to be coming to a head.
I think ETH/BTC hit the bottom and now is turning around.
https://www.mql5.com/en/charts/7942420/ethbtc-d1-simplefx-ltd
Excellent! Hope the uptrend continues. Been a long hold for the crypto world. I love ETH, but not if it can't hold its ground. Thanks as always for your work to spread knowledge.
@srezz once again big THANK u big man! Following ur technical analysis made me broaden enormously my knowledge on the subject!
U r a true Master of Cryptoworld TA in my eyes and I guess this post talks on its own.
https://www.cryptocompare.com/coins/eth/post/p_87113
Please keep sharing ur views, analysis and knowledge. 🙌
Thank you @etherio.