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srezz
@srezz
48
Currency Trader
Followers
869
Following
3
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Location
London
Website
https://steemit.com/@srezz
Created
2017-06-18 02:13
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srezz
cryptocurrency
9y
DASH/USD update
DASH should get to a minimum of $390
$ 0.261
21
1
srezz
cryptocurrency
9y
LTC/USD update
LTC sits just below a trigger level to the upside @ $47.54. If LTC manages to close above it on the daily basis it will attempt to overcome 89 DWMA (brown) which currently sits @ $54. A daily close above
$ 0.263
28
5
2
srezz
cryptocurrency
9y
ETH/USD update
ETH has reached its volatility implied low and should be bouncing from here. If it manages to overcome resistance of 13 and 89 days WMAs (blue and brown respectively) and close above $289 on the daily
srezz
cryptocurrency
9y
BTC/USD update
As it's been anticipated in my last BTC update it got rejected by the 34 days WMA (Yellow) and within the next 10-12 days BTC is about to test 34 weeks WMA (White Dotted), currently @ $2813. If it gains
srezz
cryptocurrency
9y
LTC/USD update
LTC also should recover to a minimum of $57. A daily close above it will see continuation upwards to recover 34 days WMA (yellow) currently @$63 and if it is cleared the daily volatility implies target
srezz
cryptocurrency
9y
DASH/USD update
Out of all major CCs Dash looks the most promising to the upside as it has only one hurdle on its way - 34 days WMA (currently @$320) which should be cleared with the price reaching minimum $336. A daily
srezz
cryptocurrency
9y
BTC/USD update
BTC is currently sitting @ 89 days WMA which it should overcome and reach a minimum of $3913. Closing above this level on the daily basis implies continuation to $4356 or even $4631 if it gets enough momentum.
srezz
cryptocurrency
9y
ETH/USD update
ETH is going to try to recover above 89 days WMA (brown) currently @$284. If we see a daily close above it the next pretty strong resistance is downsloping 34 days WMA (yellow). To clear it we need a daily
srezz
cryptocurrency
9y
To my followers
I'm in a pretty awkward situation. On the one hand, I'd like to keep myself free from any financially based commitments and on the other hand, I feel really bad about turning down those who from the bottom
srezz
cryptocurrency
9y
LTC/USD update
If LTC closes below $44 on 4H time frame it will continue all the way down to 34 weeks WMA (white). Should it not hold LTC will soon be traded in single digits.
srezz
cryptocurrency
9y
BTC/USD update
Same story here. 4H close below $3209 implies continuation to low $1500 if 34 weeks WMA (white) currently @$2736 does not hold the market.
srezz
cryptocurrency
9y
ETH/USD update
ETH looks very heavy and the bounce that it managed to pull off from 34 weeks WMA (white) is very weak and if the WMA doesn't hold and the market closes below $220 on 4H basis the fall may continue all
srezz
cryptocurrency
9y
ETC/USD update
ETC should be bouncing from 34 weeks WMA (white dotted) currently @ $12.83. However daily volatility implies targets as low as $6.
srezz
cryptocurrency
9y
XRP/USD update
XRP should not go below $0.165
srezz
cryptocurrency
9y
LTC/USD update
LTC should be bouncing from 89 DWMA (brown) currently @$ 54. But its final targets over the next 7-12 trading days is $42-45 band of support.
srezz
cryptocurrency
9y
DASH/USD update
Dash's volatility implies pretty scattered levels of support (blue dotted) where it should be bouncing from together with other major CCs.
srezz
cryptocurrency
9y
BTC/USD update
BTC drop should be contained by the 89 DWMA (brown). However, the daily volatility implies that it may well overshoot 89 DWMA currently @$3655 all the way down to $3270-3375 band of support.
srezz
cryptocurrency
9y
ETH/USD update
Finally, we found a direction. It's not what probably most would like to see but at least we have certainty. ETH is moving to 34 weeks WMA (white dotted) currently sitting @ $215 where I expect it to bounce
srezz
cryptocurrency
9y
ETH/USD update
24 hours are on and there is still no clear picture of what's going on. The break out levels are very wide: $337 to the upside; $275 to the downside. Both levels trigger continuation when closed above
srezz
cryptocurrency
9y
To all of my followers
It was a false break out to the upsite across all major CCs and I'll post my market updates according to the developing price action once I have enough data to produce meaningful targets. In any case it
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