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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Binance Coin (BNB) Daily Price Forecast – January 2

BNB/USD Medium-term Trend: Ranging Distribution territories: $7, $7.50, $8 Accumulation territories: $5.50, $5, $4.50 Last year December 31, BNB/USD managed to test $6.50 upper range, but since January 1, the crypto has been witnessing a series of lower lows a bit above the $6 lower range. The current range zones have been in play since […] дальше »

2019-1-2 14:35


Ethereum (ETH) Daily Price Forecast – December 28

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $280 Support Levels: $130, $120, $110 Yesterday, December 27, the price of Ethereum was in a bearish trend. On December 25, the crypto’s price fell to the low of $128 and price commenced a range bound movement above that level. Yesterday, the 12-day EMA and  the 26-day […] дальше »

2018-12-28 09:11


Ethereum (ETH) Daily Price Forecast – December 26

ETH/USD Medium-term Trend: Bullish Resistance Levels: $240, $250, $280 Support Levels: $130, $120, $110 Yesterday, December 25, the price of Ethereum was in a bullish trend. While in a bullish trend the crypto’s price broke the 12-day EMA, the 26-day EMA to the upside, and price remained above the EMAs. If the price remained above […] дальше »

2018-12-26 10:19


MONERO (XMR) Long-Term Price Forecast- December 23

XMR/USD Long-term Trend: Ranging Supply zone: $100.00, $110.00, $120.00 Demand zone: $30.00, $20.00, $10.00 XMR long-term outlook is a range-bound market. The bullish doji that started last week trading session was a signal to the bulls gradual returned but confirmation came on 17th December after the formation of a bullish engulfing candle which closed above […] дальше »

2018-12-23 03:29