The market refuses to fall and sets a high shot

• The arrival of Constantinople is delayed due to security breaches.
• Any short-term increases seem to positively assess the news.
• Very powerful ascending structures are suggested.

As if we were on a permanent "Day of the marmot", today we are approaching the same levels that we have been intermittently attending since mid-December. Monday's "Bump" failed to guarantee the advances and yesterday returned to the first available support.

This is what it seems, but looking closely at the indicators we can see that today can be a special day. Today is a day in which the market has before it an optimal scenario for a new bullish start, although equally optimal to cancel the advances and retreat in search of a new zone of accumulation quite deep in the price scale so that 39; offer is out of stock.

The Ethereum development community announced in the early morning in Constantinople that the expected update of the Ethereum network in the identification of vulnerabilities was delayed. As we read in the Ethereum.org blog:

As a precaution, the main stakeholders of the Ethereum community have determined that the best line of action will be to delay the planned fork of Constantinople that would have occurred at the block of 7.080.000 on January 16, 2019.

This will require anyone running a node (node ​​operators, exchanges, miners, portfolio services, etc.). You are upgrading to a new version of Geth or Parity before blocking 7.080.000. The 7.080.000 block will occur in approximately 32 hours from the time of this publication or approximately at 16:00, January 16, January 16, 23:00 pm ET / January 17, 4:00 GMT on January 16.

ETH / BTC daily chart

ETH / BTC, one of the main market mood indicators, continues its uptrend, while playing with lower limits. It is a fragile situation, but for now, the current trend resists. The level to look at is a 0.0325 BTC for ETH. Below this level, the Ethereum would lose its control against Bitcoin and see a significant capital shift in Bitcoin.

Do you want to know more about my technical configuration?

Chart BTC / USD 240 minutes

The BTC / USD on the 4-hour chart confirms what I predicted yesterday as a possible scenario and returns to $ 3,600 level. The highlight of the analysis is to see SMA200 with a bullish profile. This configuration is not trivial, as the slowest of the simple means is also the most inertial and influential.

Above the current price, the first goal is $ 3,700 (resistance to price congestion and EMA50), a level that seems to be on track as I write this article. The destination point is not natural since at $ 3,734 is the second resistance level (SMA200) and a $ 3,777 expect a third resistance with SMA100.

Below the current price, the first support is a $ 3,600 (support for price congestion). The second level of support is a $ 3,470 (support for price congestion). Finally, the third level of support is a $ 3,320 (support for price congestion). There is very little mystery on the bottom of the stage.

The MACD in the 4-hour interval shows how the fast line attempts to bounce upward after touching the slow average. It is a convincing short-term structure, although it is usually the beginning of divergent movements.

The DMI in the 4-hour range shows that bears lose strength while bulls take a strong bullish bent. The structure guarantees short-term gains.

ETH / USD 240 Minute Chart

The ETH / USD in the 4-hour range shows a structure identical to the one just analyzed in the BTC / USD pair. For Ethereum it is the first level of resistance $ 127.9 (SMA200). The simple average of 200 periods shows an exceptional upside tilt. The second level of resistance is a $ 130 (resistance to price congestion and EMA50). Finally, the third level of resistance is a $ 142 (resistance to price congestion and SMA100).

Below the current price, the first support for ETH / USD is a $ 120 (support for price congestion). The second level of support is a $ 115 (support for price congestion). The third level of support is a $ 110 (support for price congestion).

The MACD on a 4-hour chart shows a small delay related to the MACC BTC / USD. If the day ends with price increases, the upside potential will be enormous.

The DMI on the 4-hour chart shows bears retreating with the same force as the bulls advance. The structure maintains a strong upside potential.

XRP / USD 240 Minute Chart

The XRP / USD is trading at $ 0.331 price level after a first failed attempt to terminate the first level of resistance a $ 0.334 (resistance to price congestion). The second level of resistance is a $ 0.34 (EMA50). The third level of resistance is a $ 0.354 (SMA200 and SMA100). I also see in the case of the XRP as the slower average shows an optimistic and bullish profile. The XRP / USD pair is the one with the greatest freedom to not have a moving average above.

Under the current price, the first level of support is $ 0.32 (support for price congestion). The second level of support is $ 0.308 (support for price congestion). The third level of support is $ 0.296 (support for price congestion).

The MACD on the 4-hour chart shows a bullish profile after the fast average has tested the slow average level. It is a powerful bullish structure that, over time, tends to end up in divergent structures.

The 4-hour DMI chart shows the most advanced structure among the Top 3 of the crypto-board. Bears and bulls move at the same level of trend strength and as resolved they will give us clues as to what could happen in cases of Bitcoin or Ethereum.

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