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.

A quick rundown on uneventful day, all things considered. The Markets look as such :

ST momentum is bullish, but both MT and LT momentum is still bearish. Short term oversold, but medium to long term hovering in mild overbought territory.

Bitcoin

ST Trend : DOWN
MT Trend : DOWN
LT Trend : DOWN

Fisher wants to turn upwards, but just can’t quite get there yet. The price is in a broadening, downward wedge, which implies a break to the top side in the near future. Where/when that happens is still anyone’s guess.

Ethereum

ST Trend : UP
MT Trend : DOWN
LT Trend : UP

If the Fischer function holds as a short term UP trend, we should have a trendline break upwards with a price target currently in the $825 USD range. There is room to move up on the price oscillators as well.

RIPPLE

ST Trend : UP
MT Trend : DOWN
LT Trend : DOWN

Another one with a Fisher reversing upwards. If that holds true, a long target will manifest at $.82 USD / coin. Lots of room to run upwards on the oscillators.

Bitcoin Cash

ST Trend : DOWN
MT Trend : DOWN
LT Trend : UP

I don’t expect the LT Trend to stay positive much longer. The coin is very oversold, but once relieved, price could continue along to the $1050 target.

EOS

ST Trend : DOWN
MT Trend : DOWN
LT Trend : DOWN

Another one down, down, down. The $11.30 USD / target is in play. I guess I should have sold it at $20 USD...another critical crypto mistake on my part. Also heavily oversold at this time, but the target can still be safely met.

Litecoin the Laggard

ST Trend : DOWN
MT Trend : DOWN
LT Trend : DOWN

Am I really surprised? Of course not. This one breaking south will generate a -18$ USD target from where it pierces the red trendline. Also of note is that it is in a very severe downward, broadening wedge.

Digibyte

ST Trend : UP
MT Trend : DOWN
LT Trend : UP

Digi is hanging in there..I would like to buy more at $.0325 USD if possible, but not sure it will make it. The Fisher is back to UP, so a trendline up break will push prices over $.05 USD again. Waiting once more…

Steem

Price forecasting doesn’t seem to work very well on Steem. The Fisher however has turned up. I’m looking for the top of the narrowing wedge to be hit in the next couple of days. Depending on time that should be in the $3.40 - $3.50 USD...again, a HODL for me, so I wouldn’t be doing much if those targets are met (except upvote on Steemit).

Off to see the Avengers...good fortune and good trading to all.