New York time: 00:00:00
Local time: 00:00:00
CryptoCurrencies Free Analysis

Because of a lot of interest in cryptocurrencies by our readers we have decided to lunch a new page where we will be publishing analysis a few times per week. Please be aware that these are very risky and volatile markets, so before you may want to participate in them please read disclaimer at the bottom of the page. Our view is clearly technically oriented.

If you will have any questions please contact us here 


QUICK MENU: Btc/Usd (Bitcoin) |Eth/Usd (Ethereum) |Ltc/USD (Litecoin) | Xrp/Usd (Ripple) | Dash/Usd (Dash)

Btc/Usd (Bitcoin) Top

Oct 19 2017

Bitcoin made three wave correction in a black wave IV as we projected in the last update. It was a little bit bigger as we expected, so it could be also red wave (IV), but anyhow 5th wave is still missing. So Bitcoin found support at 5100 and sharply bounced back towards highs. We expect now that sooner or later Bitcoin will see 6000 region or maybe even higher, but keep in mind that we are in 5th of 5th wave, so upside can be limited.




Oct 16 2017

Bitcoin broke to a new high and we started tracking wave (III) as we mentioned as possibility in past updates. Keep in mind that Bitcoin is in final circled wave V of a higher degree, so upside can be limited and would not be surprised, if we see evidences of a top at the end of the year or at at start of 2018. At the moment Bitcoin is trading towards 6000 level within wave V of wave (III), from where we can expect new correction into wave (IV) with support around 5400-5500 before market resumes the trend higher to around 6200 level, near 161,8% Fibo. extension of a circled wave IV. Bitcoin is strong, no doubt, so any decisive break above 6200 can also bring 7000 target sooner than we think.

BTCUSD Chart

Oct 10 2017

Bitcoin hit 4850 and is trading very close to the highs, so seems like third wave is on the move towards 5000. Just keep in mind that we see a key level. We are still beneath 5000 highs, so we still see 5 waves up and there is also 161,8% Fibonacci extension of wave (a), which could prove to be a resistance for a potential wave (c).
BTCUSD chart

Oct 09 2017

BitCoin is trading near projected resistance 4650 for A=C since 15th September as we mentioned in earlier updates, so BitCoin can face a temporary top here. Be aware of decline in minimum three waves down, but if BitCoin continues higher above 4700, then we could see new highs towards 5000 level for wave (III).
BTCUSD Chart

Oct 05 2017

Bitcoin went higher as we mentioned in the last update, but we see five waves up, which means that upside can be temporary limited, probably completion of wave C. If we are correct, Bitcoin may see a pullback down to around 4000 levels; key do/die support zone for bulls.
BTCUSD Chart

Oct 01 2017

BitCoin can be one of the strongest once uptrend on CryptoCurrencies will resume.
BTC/XXX

Sep 28 2017

Bitcoin bounced from our projected wave B and sharply broke into new highs wave III/C as we mentioned in earlier updates. Keep an eye on 4650 for A=C first potential target. If goes above this level, then it could be 3rd wave, which means BitCoin may again experience a new see all-time highs.
BTCUSD Chart

Sep 22 2017

On Bitcoin we see nice recovery into wave A/1 after our projected end of correction around 38,2% of Fibonacci retracement. We still expect Bitcoin higher with minimum three waves up, but we need broken channel resistance for further rally.
BTCUSD CHART

 










Eth/Usd (Ethereum) Top
Oct 19 2017

Ethereum declined exactly from our projected level of wave d and it's very probable that we are still in a big triangle, so we assume that Ethereum is facing final wave e down to 250 and 61,8% Fibo. retracement, where triangle may come to an end.




Oct 16 2017

Ethereum finally hit our projected level @350 for wave d, so be aware now of a decline into wave e to around 250 level and 61,8% Fibo. retracement, where triangle could be end, ideally still this year.

ETHUSD Chart

Oct 10 2017
No big changes for Ethereum since last update. Still pointing higher into wave Y of wave d towards 350 level, where we see potential resistance.
ETHUSD Chart

Oct 05 2017

No big changes since last update. Ethereum is still trading in a double zig-zag into our projected target for wave d. We can clearly see three waves up within wave W and wave X as a minor pullback. Recent rally that followed can be wave Y in the making with projection target of 350.

ETHUSD Chart

Sep 28 2017

Ethereum is still sideways in a triangle correction. So as we mentioned, Ethereum bounced from projected low of a black wave C and is moving now slowly and surely into our projected target for wave d, up to around 350 level near 78,6% Fibo. level.
ETHUSD Chart

Sep 22 2017

Ethereum lost 50% of its value earlier this month, with double zig-zag into wave C to 200 market as shown on a daily chart. We expected a sharp turn up from there which occurred in the last few days and signals for more upside into wave d of a triangle after recently broken channel resistance line as seen on 4h chart. there is room for 320-360
360.
ETHUSD chart
 



Ltc/USD (Litecoin) Top

Oct 19 2017

Litecoin declined from 70 and 61,8% Fibo. retracement as we projected as very important level in the last update and we see only three waves up now. But since we have seen nice bounce from the channel support and if we compare it with bullish Bitcoin we expect that Litecoin is in a leading diagonal, so it may test highs again for 5th wave of a leading diagonal. If Litecoin from any reason declines back beneath 53, then we will start tracking a more complex sideways correction.



Oct 16 2017

Litecoin finally hit our projected level @70 for wave C/II with three waves up since 15.September, so the question is if Litecoin will continue to rise like a third wave, or was this just a corrective advance as part of a complex correction,. We like the bullish scenario, but we definitely want to see a strong recovery up to 80.00 before we can confirm a third wave in progress, thus room for 100.

LTCUSD Chart

Oct 10 2017

Litecoin is still looking the same, since last update.
LTCUSD Chart

Oct 09 2017

Litecoin is still sideways since last update, but still looks bullish, probably triangle within wave b, which means that upside can be limited around 70-75 and 61,8% Fibo. retracement for wave c. If Litecoin from any reason goes sharply above 75-80 levels, then wave III as part of an alternate count can be on the move.

LTCUSD Chart

Oct 05 2017

Litecoin is sideways since last update, but we still think it's part of flat correction into wave II/b. So sooner or later we expect Litecoin will hit our first projected target around 70 level.

LTCUSD Chart

Sep 28 2017

Litecoin bounced from wave II/b as we projected in our updates from a few days back; pair broke channel resistance line so we expect a wave III/c to the upside with first potential target around 70 level and 61,8% Fibo. level. If goes above this level, then this can even be a 3rd wave of an impulsive recovery.
Litecoin Chart

Sep 22 2017

On Litecoin we see very small recovery after big three waves downk to 61,8% of Fibonacci retracement that we see it as a corrective wave 2/B shown on a daily chart. That said, we still expect Litecoin to move higher, with minimum three waves on 4h. Break out of a downward channel and above 60 level is needed for bullish confirmation.
LTCUSD chart
 







Xrp/Usd (Ripple)
Top
Oct 19 2017
Ripple just like Ethereum finally declined from our projected wave d and is now pointing down to a final wave e, where triangle may end. Decline was very sharp back to 61,8% Fibo. retracement, so be aware of already completed wave e. Bullish confirmation is only above 0.30 level.




Oct 16 2017

No big changes on Ripple since last update. Price hit our projected level for wave d and slowed down which is a good signal that resistance holds and that new turn lower can be in the cards. So we are patiently waiting for decline beneath 0.20 level, final wave e to around 61.8% Fibo retracement, where triangle may come to an end.

Ripple Chart

Oct 09 2016

Ripple hit our projected resistance for wave d and went slightly higher, but triangle can still be valid. So be aware of a decline in three waves back beneath 0.20 level for wave e, where we see a completion of a big bullish triangle, which means that Ripple could explode to the upside out of the triangle, probably at the beginning of next year.
XRPUSD Chart

Oct 05 2017

Ripple is still trading towards wave "d" as we projected in our last updates. We can see waves a and b as completed, so current rise can be final leg c of d. Ideally will price trade towards the Fibonacci ratio of 61.8 and from there make a new reversal lower.

XRPUSD Chart

Sep 28 2017

Ripple made recovery in three waves, exactly just like we projected in our earlier updates, which means that upside can be limited around 0.24-0.25 levels and 61,8% Fibo level for wave d of a big triangle.
Ripple Chart

Sep 22 2017

Ripple is still sideways in big triangle, after a nice bounced from our projected wave C of C, so just like other Cryptocurrencies, we expect Ripple to continue higher with three waves up into wave D to around 0.24-0.25 levels, near 61,8% Fib. level.
XRPUSD Chart
 



Dash/Usd (Dash) Top
Oct 19 2017
No big changes on Dash since last update. We still see Dash bullish and waiting for a break above 320 level, which will be our confirmation for more upside towards 3rd wave and new highs.




Oct 16 2017

Dash hit and bounced from our projected level arround 61,8% Fibo. lvl. as we mentioned in earlier updates. It's trading now close to 320 level, which is our bullish confirmation level. So if Dash break above 320 level, what we actually expect, then we could see 3rd wave towards new highs very soon.

Dash Chart

Oct 09 2017

Dash is trading nicely into our projected support for wave (II) around 275 level and 61,8% Fibo. retracement, where we expect a bounce and impulsive wave up into third leg. Keep in mind that bullish trend will be confirmed only if price goes above 320 level!
DASH/USD Chart

Oct 05 2017

Dash is turning nicely up from our highlighted support levels. Keep in mind that there is still room for one more wave down into circled blue wave 5 of C, where we also see nice support at 275 region and 61,8% Fibo. Lvl. Bullish confirmation and bottom of wave (II) will be confirmed only if price goes above @335.

Dash Chart

Oct 03 2017

Dash is trading nicely in A-B-C correction with triangle in B as we mentioned and projected in the last update, so it may decline beneath 300 before turn to the upside. Ideal support is between 275-295 levels and 50% and 61,8% Fibo. retracement.
Dash Chart

Sep 28 2017

Dash slowed down after five waves up from 219, but this is signal for a bullish turn. As such, we will expect more upside after three waves down; back to 275-310 levels, where we see a support for wave 2. If we get a bounce from those levels, then be prepared for new highs.
DASHUSD chart


Sep 22 2017

Dash made sharp recovery away from our projected support of wave 4, from around 38,2% Fibonacci retracement with five waves up and broken through channel resistance line, which is very good signal that new market will continue higher, especially after wave (II) pullback that may look for a support near 280/260.
DASHUSD Chart