Ethereum (ETH) Technical Analysis Long or Short?

Here is the technical analysis (TA) of Ethereum (ETH). Ethereum is the second largest cryptocurrency by marketcap. Ethereum is now trading at $131 or 0.034 BTC. Ethereum has a market cap of $13.85 billion dollars.

Crypto Events in March , Fundamental Analysis

Fundamental Analysis for the Cryptocurrency Market which are likely to occur in March 2019.

Ontology (ONT) Technical Analysis Good Buy Opportunity

Bitcoinik team has done the technical analysis of Ontology (ONT). A sweet symmetrical triangle is found on the 4-hour timeframe. Those who are looking for a fresh entry in ONT will place their orders around 2300-2350 sats. 

ONT next movement is shown by the yellow lines and we are positive that the symmetrical triangle breaks upwards. Targets are given by T1 and T2. Sell 40 percent of your holdings at first target around 2850-2900. Midterm targets for ONT is 3800-3900 sell remaining holding at these points.

ONT market is currently testing the Fibonacci golden ratio of 0.32 and will bounce back from there. If the symmetrical triangle breaks downward the purple box works as support. The main support is around 1950-2050. If you are entering in this trade a stop-loss is recommended.

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Ripple (XRP) Technical Analysis Next Targets

Here is the full technical analysis of Ripple (XRP). A clear falling pattern is found on the 4-hour frame chart. Short term targets are shown by the yellow lines. XRP may fall to 7900 and retrace to 8100 and continues the trend.

Ripple following the same trend since the starting of 2019. If Ripple follows the cryptocurrency will drop to 7000 in mid-term. Those who are looking to take an entry in Ripple will wait for a couple of weeks and buy 30 percent around 7500.

Ripple may see a quick bounce around 7000 points towards 9000 targets.

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Bitcoinik reported Binance started testnet trading competition giveaway of $100,000 on DEX exchange (Decentralized Binance Exchange). 
QuadrigaCX exchange mystery is solved. Millions of dollars are missing after the death of the CEO of the exchange who is solely responsible for the private keys of cold wallets.

Bitcoin Cross $3850: Crypto Market Gains 7 Billion

Bitcoin showing little relief and trading above $3850 ( a small resistance). Most of the coins are not showing any recovery yet.

How Long the Bear Market Holds?

Bitcoin is now in the longest bear market (14 months) in crypto history. The bears hit very hard and almost all coins are down by more than 80 percent.

Bitcoin (BTC) Technical Analysis - Next Targets?

After the rapid dump of Bitcoin from $4190 to $3700, the crypto market is quite silent. On 24 Feb Bitcoin losses $500 and $15 billion vanished in just 30 minutes. 

Bitcoin Dumped ... More than $15 Billion Vanished

Bitcoin dumped hard...

Bloodbath in the market. Yesterday the Bitcoin and crypto market hit very hard. The whole market is affected by the dump. Most of the cryptocurrencies showing losses in double digits.

Bitcoin Breaks $4000 Is Bull Started?

Bitcoin is now trading above the psychological resistance $4000. Bitcoin is trading at $4150 (at the time of publishing). Yesterday Bitcoin see a green candle on the 1-hour chart with high volume that breaks the $4000 resistance.

Crypto Market Analysis - Bitcoin Struggling to Break $4000

Bitcoin showing strength in the past two weeks and the price increase from $3400 to $3950.

Top 20 cryptocurrencies are showing green colours on the one-day charts.  Bitcoin (BTC) is currently trading at $3965 (at the time of publishing). 

Bitcoin (BTC) the king of the cryptomarket holds 52 percent of the total market cap. The total market cap of the cryptocurrency is $135 Billion and Bitcoin alone has the market cap of $70 Billion.

Bitcoin is currently trading above the 100 MA (moving average) for the first time after May 2018. Bitcoin is facing a psychological resistance at $4000 and tried to break it a couple of times and rejected. 

Ethereum (ETH) hard fork is scheduled for 27 Feb. Ethereum shows good returns over the past month. Ethereum outperformed Bitcoin in recovery. Ethereum gets major updates after the hard fork. The reward per block is reduced from 3 ETH to 2 ETH. The Ethereum blockchain will shift from Proof of Stake (PoS) from Proof of Work (PoW). This will fuel the Ethereum prices. 

EOS the fourth cryptocurrency according to the market cap shows massive growth in the past two weeks. EOS increased from $2.40 to $3.95. EOS outperformed the top 10 cryptocurrencies in the past two weeks. 

The cryptocurrency market is showing some strength after the massive drop in November 2018. Cryptocurrency traders and hodlers believe that the longest bear market in Bitcoin history is over.

The Change is Coming and We are Part of It.

Is This Bull Sign? Volume Crossed $30 Billion

Bitcoin price surges $3900 today and currently trading at $3890 (at the time of writing). This price movement is different from the previous ones in terms of trading volume.

Crypto Market Overview: Bitcoin Over $3700

Bitcoin is trading above $3700 (at the time of publishing) and most of the cryptocurrencies shows green movements in the past two days.

Most of the cryptocurrencies are showing upward movement. The crypto market is quite stable in the past week.

Bitcoin (BTC) is 82 percent down from the all-time price that was $19760 achieved on 16 Dec 2017. Bitcoin facing a major downtrend in the early stages of 2018. After a massive drop in price on Nov 15 price touched a new all-time low of 2018 and hit $3100.

Bitcoin is struggling to cross the $4500 milestone in the previous months. The volume is not high to break this resistance zones. 

Bitcoin made a double bottom at $3200 and showing some strength after that. Bitcoin price gained 2.43 percent today and crossed the $3700 levels. 

Ethereum (ETH) outperformed Bitcoin in the past weeks and show double-digit gains. Ethereum made an all-time low of $83 since the massive bull run of Dec 2017. 

Ethereum (ETH) have gained some movement on the Constantinople HardFork initially scheduled on 15 Jan. Ethereum touched $160 and again down to $100. 

The Constantinople HardFork is now scheduled on 27 Feb. The HardFork news fuels the price again reached the $135 points. Ethereum gained more than 35 percent in the past couple of weeks.

Ripple's XRP the 3rd largest cryptocurrency by market cap is almost stable in the whole drama. Yesterday the cryptocurrency shows a 4.10 percent growth. XRP unable to defend its second position and overpassed by Ethereum (ETH).

The total market cap is $126 Billion. The total volume is $27 Billion and shows massive growth in the past weeks. 

Institutional investors are showing great interest in Bitcoin and some top cryptocurrencies.  Adoption and developments are on the way and increasing. Bakkt and Fidelity will launch their cryptocurrency platform in 2019. Nasdaq will launch Bitcoin Liquidity Index (BLX) and Ethereum Liquidity Index (ELX) on 25 Feb.

We hope that the crypto market is bottomed out and show some recovery in the next few months.

The bottom is overrated, Buy the Fucking Dips.

Waves coin Technical Analysis

Here is the Technical Analysis of Waves coin.

A sweet downtrend triangle pattern is seen in the Waves chart. Waves coin is in the downtrend and we may see a drop in the price in the coming weeks. 

The red zones are work as support and Waves may see a small reversal from these support levels. 

Waves coin is tested the golden Fibonacci ratio 0.32 and here we see two scenarios:

1) The market may move according to the red arrows and test the major support levels of 58500-61200 sats.

2) The market may test the 0.5 levels on the Fibonacci and again go down to the major support levels shown in the red box.

Full Chart Here

Trade Less Trade Smart

Ethereum (ETH) Technical Analysis HardFork Targets?

Here is the technical analysis (TA) of the second largest cryptocurrency Ethereum (ETH).

Ethereum formed a symmetrical triangle and we may see a breakout of the symmetrical triangle. 

Ethereum Classic (ETC) Technical Analysis

 
Here is the technical analysis (TA) of Ethereum Classic (ETC).

The cup and handle formation is broken and we find one wedge pattern inside another wedge pattern.

The green boxes represent the resistance and long only if the price breakout the first resistance. 

The coin has week fundamentals and looking week in the bear market.  

Maybe Ethereum Classic (ETC) can retest the black line but that looks quite impossible now.

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It's not about making profits, it's about how to reduce losses.

WanChain (WAN) - Mid term opportunity

Here is the Technical Analysis of WanChain (WAN) coin.

WAN/BTC pair is in a down channel and its difficult to say the movement. Here we draw two possible scenarios. 

Relative Strength Index (RSI) shows a bullish divergence for a long time. 

The Stoch RSI shows a little downward movement.

If WAN/BTC breaks the downtrend channel the next target will be 1020 sats. For further upward movement, WAN needs to stay above 980-1010 range.

WAN has positive fundamental news in March and has good news for the second quarter of the year 2019. 

Traders can trade with the Fundamental analysis (FA) and make some handsome money.

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Trade Less, Trade Wisely 

Total Market Cap Analysis - What's Next?

There is a Technical Analysis of the Crypto Total Market Cap.
You can see a falling wedge in the 4-hour chart from the last 2 months. 

Bitcoin Breakout - Crypto Market Bounce more than 10%

After a long wait finally, Bitcoin (BTC) show some volatility and price surge above $3800. Bitcoin is trading in a tight range of $3300-$3500 in the past two weeks.

Bitcoin (BTC/USD) - Next Movement Update

Currently, Bitcoin (BTC) is in a long downtrend since 2018. Bitcoin drops more than 83% from its all-time high that was $19760 touched on 16 Dec 2017. 

The whole crypto market is hit very badly in 2018 and most of the altcoin drop more than 80% from their all-time high.

ADA - Short term prediction

ADA - Short term prediction

It,s Falling wedge pattern and move are predicted by an arrow, for safe we'll execute our trade after the breakout. 
Targets are given inside the chart and purple box indicates the support or target if markets in the downside as per pattern. 

ADA main support at 970-1010 sat. Try to accumulate ADA between these levels.

Main resistance line at 1160-1210 sat. Trade according to support and resistance zones.


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