As can be seen from the BTC/USD price chart, on December 15, Bitcoin made another daring attempt to reach a new high. The first easy catch was the height of 18 thousand, and then 19 thousand US dollars per bitcoin.
BTC/USD
But the price did not stop at the achieved result and continued to grow, setting a maximum at the top of 19891.00, missing some 109 bucks from the coveted twenty, which Ronnie Moas predicted only at the beginning of 2018. Apparently, the rollback and consolidation of the price before the next upward surge will occur in the beige channel of the single fibonacci beam, and given the high volatility of the cue ball, a decline into the blue channel is possible, towards the support beam of 0.618% fibonacci. Therefore, a “surge” of active purchases can be expected at the level of eighteen thousand, which in turn will “fuel” the demand for Bitcoin and generate another rate increase. This time we won’t stay at twenty for long. My forecast for Monday is to set a maximum at 21900.00 and decline within the beige corridor. I believe that the resistance level that forms a single Fibonacci ray will not yet be overcome. The key word here is “for now.”
ETH/USD
On December 14, Ethereum set a maximum at 756.21 and predictably rolled back to the border of the gray corridor of 78.6% fibonacci, however, this support level did not keep the gas in the gray range and the price tested the 61.8% fibonacci level of the blue range, marking a local minimum of 610.0. Having consolidated in the blue range and broken through the 78.6% fibonacci resistance, Ethereum settled sideways around this support level, periodically relying on it and the price fought around 700.00. In the coming week, it is most likely that the single resistance level (756.00) will break through and rise to a local maximum at 800.0, after which the price will roll back to the level of 756.0, where the single Fibonacci level will act as support for the price of ether.
DASH/USD
DASH finally crossed the threshold of a thousand dollars over the weekend, setting a maximum at 1145.00 and, it seems, stubbornly does not want to fall below 1040.00, clinging to the support of the 78.6% fib. At the beginning of next week, the price target will be the maximum at around 1200.00. Let's hope that DASH will continue the growth trend and not roll back below the threshold of 1040.00
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