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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Bitcoin Cash (BCH) Daily Price Forecast – March 15

  The medium-term outlook is in consolidation while the short-term is in a bullish trend. Traders may consider buying at pullback areas. BCH/USD Medium-term Trend: Ranging Supply zones: $180, $200, $220 Demand zones: $50, $40, $30 BCHUSD continues in the range in its medium-term outlook. $134.35 in the supply area was the high due of […] дальше »

2019-3-15 10:20


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper

Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets. Draper: Bitcoin Will Dominate Starbucks Transactions In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: “I think when you go to Starbucks to buy a cup of coffee, and you try to pay with dollars, they will laugh at you because you are not using bitcoin or other cryptocurrency. дальше »

2019-3-9 17:52


Litecoin Price Prediction: LTC Is Creating a Head and Shoulders Pattern, Will the Neckline Provide Support?

Long-Term Outlook A look at the Weekly chart for LTC/USD shows that price made a temporary bottom at $28, inside the support area formed by the highs of 2014. It is currently trading at $48, slightly above the 21-period moving average but below the 50-period MA and the Ichimoku cloud. дальше »

2019-3-4 11:59


Bitcoin Price Weekly Analysis: Cautiously Bullish BTC, $3,900 Presents Resistance

Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from. дальше »

2019-3-3 09:00


Stellar Price Prediction: XLM Has Bounced on the Support Line, Where Is It Heading Now?

Long-Term Outlook A look at the Weekly chart for XLM in logarithmic form shows that price is trading above the major support area is $0. 06-$0. 07, currently trading at $0. 086. Furthermore, the price is facing very close resistance from the 200-period moving average and trading below the 21 and 50 MAs and the Ichimoku Cloud. дальше »

2019-3-1 14:59


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44