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Trends

BTC USD Daily Chart AnalysisAfter hitting all time highs close to $20,000 USD on 12/7 and 12/16, it appears that Bitcoin has been in a bear trend. It had a major support area at around the $12,800 USD mark, testing it multiple times from 12/30-1/11, until it broke this support and dipped all the way down to the next major support area at around $9,000 USD yesterday (1/17). The last time it hit this support was on 11/29, and shortly after went on a massive bull run to $20,000, gaining over 100% in a span of ~9 days. The cause of the most recent dips in price can be attributed to the massive FUD being spread by governments threatening to take more firm measures against cryptocurrency trading and mining. We shall see if this is the start of another bull run, pending it breaking the next potential resistance turned support level at the $12,800 USD mark.
COINBASE:BTCUSD
by cryptod972
One to definitely watchThis is another coin I'm heavily interested in and got the opportunity to buy a lot of when it was still 11sats... look at the potential since. My last bit of confluence that triggered me to buy was based on similar activity (Volume spike) being showed a year prior around Jun/Jul. I'm not saying to wait till next year to buy nor not to expect another spike in price till then, we could either expect one in roughly half that time and/or an even bigger spike by Jun/Jul next year. Either way, just look at the volume... it has never spiked this high and a well known technical signal for price hikes is volume, so keep your eyes open on this one. It could possibly floor to 14/15sats if the devs don't release any news soon and kills the hype, conversely: It grew from a high of 116 to 475sats in a year. It can go as high as 625 sats and then correct around 80-100sats for a while.
B
by DatBomp
BCH/USD forecast trend idea for January–February 2018I foresee BCH breaking out to 4000–5000 USD by January 20th. This is all based on what you can see in my chart above. I used the consolidating wedge that many other users have posted thus far, overlaid with a set of time-series curves to show the possible periodic nature of this crypto. Note that I am not an expert at this, but I have understanding of the crypto market and I am good at numerical analysis and pattern recognition. This all of course depends on news, adoption, potential volume, and any huge bearish moves would invalidate all of this. I'll likely be taking profits at the end of January somewhere in the 4000-5000 range... Let me know your thoughts! Personal disclaimer: Don't take any of my published ideas as reality. Always make educated decisions before doing anything with your investments. Use my charts for making rational
BITSTAMP:BCHUSDLong
by copa1079
3
Low to low Trend Lines increasing slope in timeEveryone is saying: "Look at the trends! Don't get stirred by emotions, it's all in the TRENDS, TRENDS TRENDS!". I think we all agree, we just disagree about the trends we should be looking at. Here are some of the trends I found. Hear me out and feel free to break it down and critique. Take the 'my trend lines' the be the lines that go from lowest drop to lowest drop within a couple of month's frame, they can also be called 'low-to-low trendlines'. Since we cannot really trust the 'up-trend' (else called a bubble') I am here using the down-trend to see what people are valuing BIT to be in the minimum value scenario. So, if you look at the changing low-to-low trendiness we see them increasing in time (from 1 to 5, and possibly 6). We have not yet seen this pattern go down, yet. Many are speculating BTC to go down below 2K, if this turns out to be true than we can begin talking about 'downtrend' and dark times. However, until now the 'low-to-low' trendiness have been pointing upwards more and more, which makes sense if we think about the huge spike in demand. Therefore, following this trend, I would expect the new low to remain above the 3K. One cannot just be looking at the graphs without an understanding of the laws of supply and demand! The graphs can't be going down just because it would look good on a chart. Look at the Trends, yes, but don't be fooled by those who claim to 'know' the trends.The graph is an abstraction in the end, and it only 'represents' the ups and downs connected to supply and demand , please don't forget that. It is possible that we are in a downward ( bearish ) cycle, but this is not what the low-to-low trend lines are showing. Please do share your thoughts and comments! They would be much appreciated. This is a thought, not even an opinion, so do go easy on me please. Also, do not base your trendes entirely on this thought alone, be careful and take it easy guys.
BITSTAMP:BTCUSD
by alberto141