Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, February 2018

in #bitcoin7 years ago

The financial world seems to have not yet had its mind about Cryptowanwicks

Paul Singer, founder of investment management firm Eliot Management, called "the most scandalous scam in history", as well as private venture capitalist investor Tim Draper placed his bitcane and asked if he was going to sell them? , Said: "Why would I sell in the future for the past".

Meanwhile, major exchange Coinbase and Bitfinex are working to upgrade the segregated witnessing (SegWit) scalability in their system, which will significantly reduce the fees and transaction time for users.

Could this news be bullish for Bitcoin and other top digital currency? Find out

BTC/USD

Yesterday, 20th of February, Bitcoin reached our second goal objective when it freed the resistance line of the inferior channel. Our followers have to sell their locations about $ 12,000. What to do now?

The BTC / USD pair is almost twice that of its recent lows, so some profits are expected at the current level of booking. However, as soon as they trade inside the growing channel.

If the dish breaks down under the support line of the upstream channel, then under $ 10,000 in 20-day Emma and below the horizontal support line can be less than $ 9,500.

Cryptocovers will break the rallies between $ 12,200 and $ 13,000, and our bearish view will become invalid.

ETH/USD

Our previous analysis has been suggested by our Stop Stop on Wednesday, February 20th. Etherium is now broken down to 20 days EMA, which is a bearish sign.

Negative, we expect that the ETH / USD pair will be between $ 780 and $ 772, which is a strong support zone.

Our bearish view will become invalid if the bulls push toward the $ 1,000 level behind the 20-day EMA digital coin. However, there is less chance of such a rally.

BCH/USD

Our recommended stop loss of $ 1,400 today, launched on February 21. Bitcoin cache did not take place according to expectations. It failed to gain speed and move towards the 50 day SMA.

XRP/USD

XLM/USD

LTC/USD

ADA/BTC

NEO/USD

EOS/USD

The EOS / USD pair has support at $ 7.91. If this support breaks, the price may fall below $ 7, indicating a possible transfer of a breakout trend above $ 10.50.