Market Update

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9y

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

Market Update | Ecency