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srezz
@srezz
48
Currency Trader
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869
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Location
London
Website
https://steemit.com/@srezz
Created
2017-06-18 02:13
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srezz
cryptocurrency
9y
XRP/USD update
XRP is 1 cent short of my previous target and now is in the correction mode. It should be bouncing from here. However, considering its very volatile nature it may well reach its daily volatility implied
$ 0.021
17
1
2
srezz
cryptocurrency
9y
ETC/USD update
Same story here. Instead of going down to the $9 reagion ETC recovered above 13 and 34 days WMAs (blue and yellow respectively) and it looks poised to challenge 89 days WMA (brown)
$ 0.291
13
srezz
cryptocurrency
9y
LTC/USD update
LTC I got spectacularly wrong and instead of going down it's gone up overshooting even my previous up targets. Now it corrects this violent move up and should be bouncing from here to a minimum of $62
srezz
cryptocurrency
9y
ETH/USD update
ETH is $20 short of the target of my previous ETH update but it looks like the positive correlation with BTC performance is back and we need to correct to the lower $300 levels after a quite violent move
srezz
cryptocurrency
9y
DASH/USD update
DASH is still struggling with its 34 & 89 (yellow and brown respectively) days WMAs and it is in the middle of nowhere with very wide trigger levels - $316 to go up and $275 to go down. A daily close
srezz
cryptocurrency
9y
BTC/USD update
BTC has reached my second target of the previous update and needs to correct to lower $5K levels before any attempts to take $6K level out.
srezz
cryptocurrency
9y
LTC/USD update
A rejection by the 89 days WMA, as well as a daily close below $51.7 trigger level, implies continuation to $41
srezz
cryptocurrency
9y
ETC/USD update
Rejection by the 13 & 34 days WMAs resistance zone (blue & yellow respectively), as well as a daily close below $12 trigger level, implies the development of my second, at the time seemingly unlikely
srezz
cryptocurrency
9y
LTC/USD update
The silver of CC world has to overcome its own negative bias of downsloping 13 and 34 DWMAs (blue and yellow respectively) which it should do with its volatility implied target of $55 where it will be
srezz
cryptocurrency
9y
ETC/USD update
Etherium Classic is also lagging behind in catching up its bid and currently is between its trigger levels of $12.46 and $11.8 for its up or down moves respectively. A daily close above $12.5 will imply
srezz
cryptocurrency
9y
ETH/USD update
Whatever the reason ETH is lagging behind in it upwards momentum but should catch it up with the targets in $370 area.
srezz
cryptocurrency
9y
DASH/USD update
Dash is struggling between 89 and 34 DWMAs (brown and yellow respectively) but should be able to overcome resistance of the 34 days WMA on the back of generally positive bias in the CC space.
srezz
cryptocurrency
9y
BTC/USD update
Bitcoin is looking to set new all time high with its minimum target of $5336
srezz
cryptocurrency
9y
XRP/USD update
XRP leading CC world up with the minimum target of 31 cents per coin.
srezz
cryptocurrency
9y
Major ALT currencies update
The targets of daily charts that I post are valid for up to 12 days and a new update is necessary only if market conditions change to such an extent that those targets are no longer valid. That's what
srezz
cryptocurrency
9y
BTC/USD update
At the time of writing Bitcoin sits just above trigger levels. If the day close tonight is above $4388 the volatility implied targets are minimum of $5249
srezz
cryptocurrency
9y
Dash/USD update
Dash should join Bitcoin and reach minimum $384
srezz
cryptocurrency
9y
LTC/USD update
LTC still has to overcome a pretty tough resistance of 40 days WMA (white dotted) currently sitting @ $58 which should be done on the back of a generally positive bias in the CC space. Once the 40 days
srezz
cryptocurrency
9y
ETH/USD update
ETH cleared all major WMAs and managed to close above break out level of $296 on a daily basis. Which implies continuation to a minimum of $333
srezz
cryptocurrency
9y
BTC/USD update
Bitcoin eventually shrug off negative bias, cleared above all major WMAs and heading to a minimum $4428 within the next 48 hours
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