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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


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


Altcoin Price Analysis: Litecoin Prices Ready to Bounce Back After 11 Months of Bleeding

After 11 months of lower lows, Litecoin, Monero, Stellar Lumens and Cardano prices are ripe for recovery mostly thanks to last week’s price stability and the general expectation in the market. Regardless, we shall maintain a bearish stance despite incoming streams of supportive fundamentals changing this position once there are gains above key resistance levels. дальше »

2018-12-3 07:00


IOTA (MIOTA) Long-term Price forecast-25 November

IOT/USD Long-term Trend -bearish Supply zone: $0.5000, $0.6000, $0.7000 Demand zone: $0.2000 $0.1800, $0.1600 IOTA remains in a bearish trend in the long-term outlook. After the break of the lower demand area, the bears doubled their strength for the downward price movement as the cryptocurrency broke $0.3000 in demand area on 20th November with a […] дальше »

2018-11-25 17:39


Ethereum (ETH) Daily Price Forecast – November 21

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $130, $120, $110 Yesterday, November 20, the price of Ethereum was in a bearish trend. On November 19, the crypto's price continued with the bearish movement by making a series of lower lows and lower highs. On November 20, the price action changed to […] дальше »

2018-11-21 09:25