Trading ideas in cryptocurrencies " BTC ETH MONERO"

in #ethereum7 years ago (edited)

                               May 2018: Bitcoin, etherium, monero


The red squares show the entry points to the market that you could use. According to conservative estimates, signals of short-term speculation and purchases of BTC were received 4 times. The same example with yellow squares.


Now we will elaborate the trend for January-March (blue squares). The April trend is upward. Buyers are actively building positions in BTC. The nearest growth target is to resist $ 10 270.



From the first days of April, the share of BTC's capitalization of the total market basket has decreased. From 45.6% to 36.1% from 6:00 GMT on May 5. At the same time, the cost of BTC for the same period increased by 53.2% from $ 6347 to $ 9728 as of 6:00 GMT on May 5. The market is new, cryptocurrencies do not yield to clear regularities, therefore, any interrelation and observation should "take a pencil", as this helps to increase confidence in forecasts, investments and future speculations on Kryptor.


Now, for two days in a row, we see a reduction in the total market capitalization of the crypt (from May 6 to May 7.22%), while the Bitcoin rate (-4.5%) is decreasing. To reduce the Bitcoin rate, the price can reach $ 9090.


Ethereum $ 857

The general direction for ETH is the upward trend. Long positions, for those who have ETHUSD purchases, are relevant to the price of $ 857. After rising 125% since the beginning of April, the ETH followed a regular correction to the April trend, and while this trend is not break (consider the $ 690 level), the growth forecast at $ 857 is real.



Monero at $ 195

While the sales trend of 2017 has not changed, we do not open a purchase. The move to $ 195 at this time is quite realistic to work.