BitcoinSymphony

BitcoinSymphony

STRUSD pair showed a strong support zone 0.25 - 0.4 with sharp rebounds and high volumes which is slightly below the 61.8% Fibonacci level of the global uptrend. The 200-days EMA stays below, which adds bullish value to the global bias. Nonetheless, the breakthrough of this support zone did not happen yet. And I assume that the breakthrough, only after which the...

BitcoinSymphony

ETHUSD has drawn a rebound pattern in the support zone(200 days EMA, 61,8% Fibo, 500.0-600.0 zone ) and moving upwards. Support level for re-entering would be at the 700.0. From the upside, coition of the 900.0, 1000.0 and Angle resistance makes strong resistance zone for the newly forming uptrend and could reveal profit fixation with rebounds to the support levels.

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BTC did not break below the 6000.0 support. Volumes increased significantly. Triggers for the bullish scenario: Get above the Global uptrend support Cross the 8000.0 resistance Rise above the 200-days EMA or 9000.0 resistance

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200-days EMA and 61.8 % Fibonacci level denote a strong support zone for the XRPBTC price. The lowest support at 0.000085 was tested twice and withstood, showing high volumes. The crucial level for the beginning of the bullish scenario will play psychological level 0.0001; if the price stays above this level, then we could consider upward movement with next...

BitcoinSymphony

As one of the major crypto-technologies alongside with the Etherum and Ripple, Stellar shows bullish signs comparing to BTC. Investors are trying to diversify risks to avoid BTC drastic falls and still stay in the crypto-currencies. From the technical view stellar shows good buying signal on both long-term and medium-term views. From the global picture, the pair...

BitcoinSymphony

From the technical point, ETHUSD heading to the strong support zone; a combination of the 200 days EMA, psychologically strong support 500.0 USD and 61,8% Fibonacci level waits for the price in near-term. Despite that BTC broke similar zone recently the buyers could try to go into the ETH on such level.

BitcoinSymphony

In light of the negative news background around bitcoin, the price broke below the major support of 8000.0 and went down. News, which should be monitored: Bitcoin purchases with credit cards in USA Bitcoin purchases with credit cards in UK China blocks Bitcoin From the downside, we have an important support level at the 6000.0 mark. We will not consider...

BitcoinSymphony

Stellar draw a rebound pattern close to the 61.8% Fibo from the January uptrend and 38.2% Fibo from the global uptrend. The fact that fall of the Stellar did not even reach the latest lows, talks in favor of the bullish mood among traders. Also, the volumes grew significantly, as soon as the pair got close to the 0.000004 support. All these factors make...

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Uptrend scenario The trigger levels which will confirm the uptrend beginning: 9150.0 Resistance angle 2 10000.0 Resistance angle 2 12000.0 Nonetheless, the uptrend breakthrough hardly will start right away. The probable pattern for near couple days - fluctuations inside the 8000.0 - 10000.0 channel.

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Despite drastic fall of the BTC, the ETHUSD pair stays at the attractive levels for buyers. If the markets show some positive news, the 1100 and 1170 levels should be considered as a trigger to buy in the ETH, if the price will be able to breakthrough above this levels.

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Despite the tendency, that when the BTC falls to the lows and becomes attractive to buyers, altcoins goes into the decline, ass many altcoin holders tends to change them into btc. Nonetheless, the XRP prooved itself as one of the most valuable altcoins, and now it draws the bottom pattern in the support zone, near the 61,8 Fibonacci level. A good place to buy it.

BitcoinSymphony

Despite the drastic fall, bias still stays bullish. The global pattern stays bullish at least until the price will cross the 200 days EMA, and leave the Support zone designated by the last minimum. The 8500.0 price could be considered as a turning point for the uptrend scenario. Still, I do not see high volumes, that should accompany the rebounds and starting...

BitcoinSymphony

Despite that, the bullish tendency on the pair develops in somewhat lazy manner, and support levels often do not hold, the ETHUSD pair looks better and safer than BTCUSD. Firstly, the pair did not even reach 50% Fibonacci level during the latest fall of the markets, when BTC fall to the 61.8% (such level is considered the lowest breaking point of the uptrend by...

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By crossing the 1.35 level, Ripple dismisses beginnings of an upward movement. The 1.00 - 1.35 zone technically looks like a strong support zone; rising volumes confirm this statement. There are two scenarios for me: Buy if the price crosses 1.35 upward and renew uptrend Sell if the price goes below the 1.0 level.

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Bitcoin declines all try to break the correctional pattern and renew uptrend movement. Considering that there is a media pressure on the Bitcoin right now, the fast rebound and rally upwards look unrealistic right now. Nonetheless, the 9150.0 - 1000.0 zone stays as a strong support zone with massive buying power. The probable scenario is range trading in the...

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By breaking below the 0.00005 level Stellar changing the bullish pattern to the correction scenario. For near term I expect the STRBTC to stay inside the 0.00005 - 0.000034 channel. Nonetheless, recent uptrend (01.22 - 01.28) still has power until the price will break below the 61.8% Fibonacci level at the 0.000042 price.

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BTC still struggling in the channel pattern between strong psychological support 10000.0 and 12000.0 resistance. Nonetheless rises the lower points with each wave, which confirms the bullish scenario. Two options that do not contradict the bullish scenario: Buy on bottoms, at the 11000.0 level or near the support angle Buy when the price crosses the 12000.0...

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ETHBTC pair looks bullish. There is a strong level 0.1 with a support zone right below the current price. It could be a good place to buy and aim for the next resistance zone between the 23,6% Fibonacci retracement of the global uptrend and 0.12 level.