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Bitcoin Trades Flat as Short Positions and Selling Volume Decline

Bitcoin bulls have been ardently defending the $4,000 price level over the past several days, although they have not gained enough upwards momentum to propel Bitcoin’s price any higher. Despite not maintaining any significant upwards momentum, it is important to note that short positions for the cryptocurrency have been on the decline, which may mean. дальше »

2019-1-10 02:00


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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


Ethereum Price Analysis | November 30, 2018

Supply levels: $124, $139, $151 Demand levels: $113, $102, $91 ETH/USD Medium-term Trend: Ranging On the medium-term outlook, ETH/USD is ranging. There was a bullish momentum from the bottomed price level of $102 towards the supply level of $124 which serves as the last part to complete the “double bottom” pattern formed on the 4-Hour […] The post Ethereum Price Analysis | November 30, 2018 appeared first on ZyCrypto. дальше »

2018-11-30 13:35