Bitcoin,Ethereum,Ripple,Litecoin,Dash :-Technical Analysis for june 2017
The total market value is at $104 billion after the rebound, with Bitcoin share down to just 37%,an incredibly share down to just 37%,an incredibly low number compared to even a few month ago. Ethereum gained ground today during the rebound and it is now 20% below BTC's market cap.The short term trend is still negative for t8he segment,so traders should still wait before jumping back in with full positions.
1.BITCOIN
during yesterday leg of correction and it is still almost 13% below its all time high at $3000. BTC look bearish compared to ethereum, Dash, with the $2450 level and the short term trend line at $2500 providing resistance. Short term trader should avoid bitcoin until the trend turns higher again.
2.ETHEREUM
Ethereum is also in a short-term downtrend against the USD below $350 level, but the technical picture looks way healthier, and the BTC pair is still well within its strong uptrend. The coin bounced off exactly from $250-$270 target zone,gaining more than 20% since yesterday's bottom. ethereum is likely to outperform Bitcoin, even if the correction has more fuel in the coming days.
3.RIPPLE
Ripple continued its gruelling consolidation during the correction,falling below the 0.22 support and testing the 0.20 level in the process. The coin failed to give a long term buy signal against the USD and BTC, so far, and the coin is still a hold at best $0.25 level, while the BTC pair also need to hold above the 0.00011 level to confirm relative strength.
4.Litecoin
Litecoin quickly recovered to the key $30 level once again, proving its relative strength against bitcoin, and strong support below the current price. We will definately see a powerful uptrend this week . [powerful buy signal indicated by the graph
5.Dash
Dash showed strength once again yesterday, as it recovered above prior high near $150 following the spike back in the recent narrow consolidation range, providing a good long term entry point. The downtrend is still intact below the key $166 level, but the coin remains among the strongest technically.....
Hope you all like this technical for more reviews like this follow me motivate me by upvoting , resteeming ......Have a great day
source: hacked.com
I am heavily vested in LTC and trust me it's getting ready to spike up. the resistance at 49 level will be penetrated by tomorrow and thereon the journey to the moon will begin...
Please check out my post and share some community support by upvoting and following.
FINAL Call #litecoin to the MOON
#GetOnItOrRegretOnIt
#litecoin
#upvote4upvote
#follow4follow
hi there a very very good post thx a lot ;)
im follow you to get more infos
Thanks for following will try my best to provide these exact analysis regularly .....:)
Thanks for the info! Welcome @buyandhold!
Daily info about сryptocurrency
:)
Hey, its surpriseattack from discord Followed and up-voted!
thank you...:)
Thanks for the analysis, it's very helpful. Is it possible for you to do one on ETH using Elliot waves. I'm trying to make sense of Elliot waves.
ok i will do that soon ......:)
Really educational and informative analysis @vinnu, Good effort !
thank you for noticing.......:)
Correct me if I'm wrong but this is a copied post from hacked.com. The charts and description are completely identical.
https://www.google.com/amp/s/hacked.com/cryptocurrency-analysis-bitcoin-ethereum-ripple-litecoin-dash-ethereum-classic-monero/amp/
you will only able to see one post from hacked i have paid and always follow hacked.com people will not able to see more than one post after sieng one thats why i have posted to get to people know about it
Its not your writing, data, or information though. You would still need to source it and state that it is not your material. Otherwise it is considered plagiarism even if you "paid for a subscription".
updated the source sorry if my post pissed you off
It doesn't piss me off. It's just general etiquette that you cite someone's work when using it verbatim for credit that you take. If everyone here were to post original articles from other authors on steemit then this entire platform would crumble.
I updated the source sorry once again
Just a random question, what will happen if i left my coins in exchange? Hardware wallets are hard to find due to their high demands. What will be the effect after/before August 1? Sorry for being noob
if you are unable to purchase hardware wallet than you should download electrum wallet and many more wallets are there in the playstore and if you will left your bitcoin in exchanges than the exchange will decide after the split which coin they will provide to you ....
Wow that was great! :D Thanks! Is bitcoin will be the only one affected what about alts? I have alts like eth, ltc etc.. will they have effect in segwit? Thanks! :D
nopes only bitcoin will be effected
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