Market Review. Results of the Day. Growth of Uncertainty. 02/19/2018
February 19, 2018
Changes (over the weekend):
On Ripple chart a pattern called rising wedge has formed, and XRP broke it down with confidence.
It is safe to say that the correction after the January fall has completed. Further movement in any direction can be considered an independent movement.
In case of bitcoin's growth above the resistance level of $11,200 the target is $12,000. In case of a fall to the level of $9,500-10,000, one can start searching for entry points for buying, counting on the expanding of the volatility and on the reversal of the price after the break of the local minimum (an expanding pattern will continue to grow).
Act by analogy with BCH and ETH.
Scenario is cancelled if the price goes above $1.15.
Ethereum Classic (