Technical Analysis On: Bitcoin, EOS, Ripple (XRP) and Ethereum

in ripple •  12 days ago

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I've had many requests in the last 24 hours for updates on various coins. I'm on the road, and can’t answer each one individually. Instead of my normal deep dive into bitcoin, I decided to briefly analyze Bitcoin, EOS, Ripple (XRP) and Ethereum in 1 video. Hopefully this will accommodate everyone.

Below I’ll post the key support/resistance areas of each coin, as well as where each coin's analysis begins in the video. I hope you find it helpful.

Video Analysis:

If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.

Bitcoin Key Support/Resistance (Analysis at start of video):

Screen Shot 2018-09-10 at 5.58.24 PM.png

EOS Key Support/Resistance (Analysis in video starts at 5:15)

Screen Shot 2018-09-10 at 5.58.54 PM.png

Ripple (XRP) Key Support/Resistance (Analysis in video starts at 9:06)

Screen Shot 2018-09-10 at 5.59.18 PM.png

Ethereum Key Support/Resistance (Analysis in video starts at 10:43)

Screen Shot 2018-09-10 at 5.59.57 PM.png

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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BTC broke that little triangle to the down side and got near the 6100 area, bouncing a little at the moment, but I would be surprised if we don't test the 6100 line. I have a short trading position from 6310 as a hedge against my long-term holdings. Took some prof in the low 6200s holding the rest in case we roll over.

Saved me some money last week on Ethereum! Looking to get in soon... watching overnight action to look for a place to add to positions.

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Glad you saved some money. ETH is starting to look attractive. If it weren't tied to BTC, I'd label it a buy. Still, not a bad idea to DCA in if you can afford the risk.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6359.802$0.38%-12.91%
EOSEOS5.032$-0.47%-22.12%
ETHEthereum195.394$-1.75%-32.13%
XRPXRP0.268$-3.09%-19.83%