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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


Bitcoin Price Analysis | November 8, 2018

Resistance levels: $6,509, $6,543, $6,609 Support levels: $6,439, $6,356, $6,286 BTC/USD Medium-term Trend: Bullish BTC is in a bullish trend on the medium-term outlook.  The Bulls return to the BTC market was noticed on October 31, when a strong bullish engulfing candle, formed at the $6,208 price level below the support level of $6,286 closed […] The post Bitcoin Price Analysis | November 8, 2018 appeared first on ZyCrypto. дальше »

2018-11-8 20:22


Stellar (XLM) Price Analysis: Retesting the Broken Price level of $0.25 to Continue its Uptrend Movement

XLM/USD Medium-term Trend: Bullish Supply levels: $0. 26, $0. 27, $0. 29 Demand level: $0. 25, $0. 24, $0. 23 Stellar continues its bullish trend on the 4-Hour chart. The cryptocurrency started making ‘Higher Lows’ (HL), “Higher Highs” (HH) on the 4-Hour chart since November 1st after the formation of bullish pin bar on the demand level of $0. дальше »

2018-11-7 18:23


Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike

Resistance levels: $6,960, $7,363, $8,075, Support levels: $6,678, $6,354, $4,800 BTC/USD Medium-term Trend: Ranging BTC/USD is ranging in its medium-term outlook. The coin experienced a sporadic increase on October 15, when the bulls came into the market with high momentum and the pair broke the resistance levels of $6,960, $7,363 and headed up to $8,075 […] The post Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike appeared first on ZyCrypto. дальше »

2018-10-18 11:43


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27