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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


NEO Long-term Price Analysis – February 24

There has been a series of relative ups in the NEO/USD market worth. A breakdown against $8 mark could signify a serious warning against the current swing uptrend. NEO/USD Long-term Trend – Bullish Distribution territories: $12, $14, $16 Accumulation territories: $7, $6, $5 As at the start of trading sessions about a week back, there […] дальше »

2019-2-24 12:34


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Litecoin Price Pumps 10% After Mimblewimble Privacy Announcement

Litecoin has jumped in price by almost 11 percent in 24 hours following an announcement the altcoin could soon offer increased privacy. Mimblewimble Coming To Litecoin Data from Coinmarketcap confirms the apparent highly bullish effect of the news on LTC , which at press time was circling $37, its best performance since January 10. дальше »

2019-2-8 13:00