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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up
Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »
2018-7-1 19:35 | |
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Bitcoin (BTC) Price Watch: Another Day, Another Breakdown
Bitcoin Price Key Highlights Bitcoin price was previously consolidating in an ascending triangle pattern before breaking lower. This suggests that further losses are in the cards, especially as a small bearish flag is forming. дальше »
2018-6-29 06:57 | |
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Bitcoin Cash Price Analysis: BCH/USD Resumes Downtrend
Key Points Bitcoin cash price failed to move above the $775 resistance and declined against the US Dollar. This week’s highlighted key bearish trend line played well with resistance at $720 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »
2018-6-27 07:08 | |
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Tron Mainnet Launch Supports Ethereum Price: Ethereum (ETH) Technical Analysis
Fundamental announcements drive prices and before we see such, Ethereum (ETH) prices are technically bearish. There are chances it will remain so until we see strong rejection of lower lows at BTC. дальше »
2018-6-26 03:04 | |
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BREAKING: Bitcoin [BTC] crashes to new 2018 lows at $5825
[BITFINEX: BTCUSD] Bitcoin [BTC] at 04:45 UTC crashed to fresh lows in 2018 to trade at $5825 and at press time had enough bearish pressure to break lower to $5700. Bitcoin continues to crash – almost nears $5700 The current panic-driven driven market which is currently in the “sell-FOMO” environment could potentially push prices below […] дальше »
2018-6-24 20:37 | |
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Cardano Price Analysis: ADA/USD Extending Losses
Key Highlights ADA price traded further lower and broke the $0. 1550 support against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance near $0. 1555 on the hourly chart of the ADA/USD pair (data feed via Bittrex). дальше »
2018-6-22 11:28 | |
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Bitcoin And Ethereum Forecast: Down – But Surely Not Out
The price actions of Bitcoin and Ethereum have failed to break out of their bearish trends this past month – and investors are preparing for lower support levels in the near future. Positive market conditions could likely lead to an influx of first-time investors as well as veterans adding to their positions at the bottom. дальше »
2018-6-20 01:00 | |
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Ripple Price Analysis: XRP/USD Poised to Extend Gains
Key Highlights Ripple price formed a major low near the $0. 5100 level and bounced back against the US dollar. Yesterday’s important bearish trend line was broken with resistance near $0. 5200 on the hourly chart of the XRP/USD pair (data source from Kraken). дальше »
2018-6-19 09:30 | |
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Bitcoin (BTC) Price Watch: Eyes on This Consolidation Pattern
Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern. дальше »
2018-6-18 07:03 | |
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Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. дальше »
2018-6-13 00:05 | |
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