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CryptoCurrencies Free Analysis


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

Btc/Usd (Bitcoin) Top
Dec 08 2017
BTCUSD moved close to 17k level from where we have seen a sharp intraday fall back to 14220, but only for 382.% compare to previous red wave 3), so it's seen as just another sharp declien within uptrend that is now underway for 18k.


Dec 07 2017
Bitcoin is still moving sharply higher in a black sub-wave III of a higher degree blue wave III. There is still room for much higher levels, but we always look for minimum target and we see that BTC may slow down around 16.000 level for a deeper pullback.
BTCUSD Chart

Dec 06 2017
Bitcoin hit a new high after that pullback lower which was seen as wave four, as highlighted in previous update. We see price climbing now to 12-14k area; a resistance where a new pullback may show up; lower into a black IV as illustrated on charts below. Short-term traders will rather wait on a new pullback before they join.
BTCUSD Chart

Nov 30 2017
Bitcoin lost 20%, but as we know, this is something normal for BTC. We still think it's a corrective decline within uptrend as we projected in previous update, labeled as circled wave 4. BTC can slow down here for a while and we could see some sideways price action into complex wave 4, but sooner or later we expect rally towards new highs into 5th of V wave, where next target could be around 12.000 level!
BTCUSD Chart

Nov 29 2017
Well, Bitcoin is still on steroids or something much stronger and because of so sharp and impulsive rally, we see more room towards 11.650. It's very hard to recognize how far price can go, maybe we could really see 50.000, but we always need to look for minimum targets, so there is definitely a chance for much higher levels.
BTCUSD Chart

Nov 27 2017
Bitcoin is moving nicely and sharply towards 10.000 level as we projected in the last update! So, seems like we may see 10.000 before New Year's Eve, however just keep in mind that we are in 5th wave of a higher degree impulse, meaning price could drop into a deeper pullback anytime.

BTCUSD Chart

Nov 21 2017
Bitcoin made a very sharp correction into wave IV and quickly returned back to all-time highs, so seems like it's not going stop yet. Currently trading around 8200 level and it's so impulsive that we expect even higher levels towards 9000-10000 for wave V of (III). Keep in mind that we are in the 5th wave, so the question is; Can we see 10000 before New Year's Eve? Let's see.
BTCUSD Chart

Nov 17 2017
Seems like somebody feed Bitcoin with steroids. Well, we are tracking wave four and we have some high volatility around there. Bitcoin sharply fell from 7900 highs down to 5400 for wave (a) and bounced quickly back to new highs and hit 8000 level. There is still a chance of a flat correction, which could push Bitcoin down again back to previous lows, because wave (c) is still missing. So, we would not be surprised, if we see a decline down to 38,2% Fibo. retracement around 5000 level. If Bitcoin continues higher above 8000 level, then we could see much higher prices towards 9000-10000 levels.
BTCUSD Chart

Nov 12 2017
BitCoin has turned sharply lower in the last couple of days which has been expected since we saw market in a fifth wave advance. We know that after every five waves market will turn, so it’s not a surprise to see a drop now, which in –fact, looks impulsive from the high, thus be aware of more losses ahead. That said rally since September appears completed now, so market will most -likely see a deeper prices in days maybe even weeks ahead. We can clearly count five waves down on intraday chart which suggests that higher degree wave four is underway that can retrace even back to 4000k!
BTCUSD Chart

 










Eth/Usd (Ethereum) Top
Dec 07 2017

Ethereum slowed down into a complex red wave IV as we mentioned in the previous update. Complex correction can be a flat or triangle, so as long as Ethereum trades above 330 invalidation level, we expect a rally towards new all-time highs into red wave V, where target could be around 550-600 price region.



Dec 01 2017
Ethereum dropped, but we still think it's a part of a bigger correction of wave IV. In EW theory wave four can be very complex, so we assume that we could see more sideways price action here before rally towards new all-time highs into wave V occurs, where we see room for 550-600 price region.
ETHUSD Chart

Nov 27 2017
Ethereum broke into new highs out of triangle as we expected and is now sharply moving towards our projected levels around 550-600 for wave C.
EHTUSD Chart

Nov 23 2017
Ethereum broke above 395 level, which gives us a bullish confirmation signal, because triangle can be now completed. We mentioned about that in previous update. So, we expect now Ethereum to break above 410 level into new all-time highs, which can open door for 550 level into wave C.
ETHUSD Chart

Nov 20 2017
Ethereum went sligthly higher, but it's still beneath 395 level, which means that current wave up since 15.September still could be wave D of B, so we assume that Ethereum could decline once again under 300 level into wave E to complete triangle and then rally towards new all-time highs. Keep in mind that triangle could be already completed, so if Ethereum from any reason breaks above 395 level earlier, then this would be our bullish confirmation and we could see higher prices above 400; maybe even 500 level.
ETHUSD Chart

Nov 07 2017
Ethereum is still sideways and we are still looking for wave E around 61,8% Fibo. retracement and 230-250 level to complete a EW triangle. Any earlier bullish reaction and break above 355 level will confirm a completed EW triangle correction.
ETHUSD Chart

Oct 31 2017
No big changes on Ethereum since last update. We are still tracking wave Y of e down to around 250 level, where triangle may come to an end. It is also a chance that wave e is already completed, so in this case we need a break above 355 level for a bullish confirmation.
ETHUSD Chart
 



Ltc/USD (Litecoin) Top

Dec 11 2017

Litecoin exploded from our projected support around 85-90 level! Hit our target and also broke sharply higher towards 155 level, which gave us a signal that Litecoin is in impulsive wave 5 of III. So, Litecoin made a small correction in wave 4 of III with nice support around 38,2% Fibo. retracement at 122 level and bounced back to highs, where price is currently trading in wave 5 of III towards 261,8% Fibo. extension of wave I. Keep in mind that this is our first minimum target projection, so we may see much higher levels.



Dec 07 2017
Litecoin slowed down just like Ethereum, but we see a different structure, which may lead into an Elliott wave ending diagonal. We still expect new highs towards 117 level, but ending diagonals are usually much slower, so it may take some time to reach the target.
LTCUSD Chart

Dec 01 2017
Litecoin declined just like Ethereum and other cryptocurrencies. It's very important to look at correlations, so we think that Litecoin is also in a deeper pullback and could slow down here for a while, but sooner or later we expect new all-time highs towards 117 level.
LTCUSD Chart

Nov 27 2017
Litecoin is moving perfectly out of a EW triangle towards new highs as we mentioned in the last update. There is still room for higher levels towards wave C to around 117 region, which is actually our first minimum target, so there is a chance for even higher levels towards 149!
LTCUSD Chart

Nov 17 2017
Well, Litecoin broke above 70, which could be a signal that EW triangle is finally completed and that bulls are confirmed. So, we assume that Litecoin could go back to highs towards wave C and sooner or later could see 100 level. If Litecoin from any reason fell below 55, then there will be something more complex and could stay sideways for another triangle formation.
LTCUSD Chart

Nov 09 2017
Litecoin is similar to Ethereum, in a triangle as well, andd also looking for another push down to complete three waves of decline within wave C around 45.
LTCUSD Chart

Oct 31 2017
Litecoin has not changed much. We are still tracking wave c of C of a big triangle, where we see a possible support around the 40 level, so downside can be limited and we expect a bounce higher into wave D.
LTCUSD Chart

Oct 25 2017
Litecoin has turned nicely lower after only three waves up into 70.60 area as we expected. That been said, we have now started tracking a big triangle in wave B, currently with sub-wave C in progress down to 46 area, where new bounce may show up.
LTCUSD Chart

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.
LTC/USD chart
 






Xrp/Usd (Ripple)
Top
Dec 07 2017

Ripple is still sideways in a triangle as we mentioned in previous updates. Currently trading in a small triangle into wave c of e, so Ripple could continue with sideways price action. We are still waiting on a break above 0.3000 level for bullish confirmation. Bullish triangle is valid as long as it is above 0.1485 level!




Dec 01 2017
Ripple is still sideways as we expected in earlier updates. Seems like wave E of E triangle is still in play and just like other cryptocurrencies could stay sideways for a while to complete the pattern. Just keep in mind that bullish confirmation is above 0.30 level!
Ripple Chart

Nov 27 2017
No big changes on Ripple. Still sideways as we expected and projected in the last update. Seems like wave "e" is still in progress, but once completed, we could see a very sharp move to the upside, so Ripple will follow some other cryptocurrencies like Ethereum and Litecoin. Keep in mind that bullish confirmation is above 0.30 level!
Ripple Chart

Nov 17 2017
Ripple finally spiked up, touched the upper triangle line and immediately bounced back, which means that triangle is not completed yet, because this leg up since 2nd November was in three waves. So, we assume that there will be more sideways price action with another triangle in wave e of E, which is in Elliott Wave theory very probable and valid triangle pattern.
Ripple Chart

Nov 07 2017
Ripple is at important support zone for wave E of a EW triangle correction, so sooner or later we expect a rally through 0.30 level, maybe even higher. Any earlier decline beneath 0.1485 level would invalidate our count, so it's important to wait for confirmations which is five waves up or break above 0.30 level.
Ripple Chart

Nov 02 2017
Ripple made sharp decline into wave E, but we still think that downside can be limited around 0.16 level. We however have to be patient and wait on bounce before we may confirm a bullish reversal. Invalidation level @ 0.1485 should not be taken out otherwise count will have to be adjusted. Also, keep in mind bullish trend will be confirmed only above 0.2962 level.
Ripple Chart

Oct 31 2017
No changes on Ripple, we are still waiting for a bullish reaction from wave a or maybe even completed wave e. We see only one sharp wave down from black wave d, so we still think it's sub-wave a of e, but keep in mind that triangle may already be completed. Bullish trend will be confirmed only above 0.30 level!
Ripple Chart

Oct 25 2017
Ripple nicely declined beneath 0.20 level into wave E as we projected in past updates! Drop was very sharp and impulsive, so it's hard to confirm end of wave e at this stage; we need an impulsive rally back to 0.2962 first. Until then wave e can still make a three wave fall and bottom near 0.1600.
Ripple Chart
 



Dash/Usd (Dash) Top
Dec 07 2017

Dash hit 810, close to our projected level and declined as we expected in the previous update. So, we expect that Dash will slow down here in a circled blue wave IV, where we see support around 600 level and 38,2% Fibo. retracement. Sooner or later Dash will continue higher into new highs to complete a five-wave cycle.



Nov 29 2017
Dash declined just like other cryptocurrencies, but it quickly recovered, so Dash remains bullish for wave III, where upside can be limited around 850 level, but sooner or later we expect some deeper pullback back to around 600 for wave IV.
DASH Chart

Nov 27 2017
Dash perfectly hit our projected target at 600, but move was so sharp that we now expect even higher levels towards 730 after minor pullback! Keep in mind that we are in 5th wave of a higher degree, so it could decline into a bigger correction anytime.
DASH Chart

Nov 21 2017
Dash went into new highs out of triangle into 5th wave as expected. We still see a room for higher levels towards 600 level, but keep in mind that we are in 5th wave, so sooner or later price could drop into bigger correction of a higher degree.
DASH Chart

Nov 14 2017
Dash broke to a new all-time high which has been expected since we saw a bullish pattern and also mentioned it in earlier updates. Dash is now bullish while it trades above 350 swing level of wave I high, and it has room for 500/550 to complete wave III as shown on 240min chart. Drop back below 350 will likely indicate a completed blue wave III on a Weekly time frame.
DASH Chart


Nov 07 2017
Seems like Dash finally completed a complex correction into wave (C) of a big EW triangle. We can clearly see a broken channel resistance line, so we expect Dash higher into wave D, where upside can be limited around 61,8% Fibo. retracement and 320 level.
DASH Chart

Oct 31 2017
Dash is trading in a big channel since 21st September. So, we still think it's part of a big correction into wave c of (c), as long as we don't see a broken channel resistance line. We see potential room down to around 240 level, where Dash may finally bounce higher into wave (d).
DASH Chart

Oct 25 2017
Since we have seen a big complex correction to the downside from 370 region, we have started tracking a big triangle on Dash. It's an A-B-C-D-E pattern, currently with wave C in progress that may look for a base at 240-260 area.
DASH Chart