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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Online Snap Poll Shows A Majority Of Investors Recommend Bitcoin Over Altcoins

Online Snap Poll Shows A Majority Of Investors Recommend Bitcoin The blockchain was introduced to offer options to the everyday man. A decade down the line, there are more than 200 options. Many coins are for general use while some have been designed for a specific product or field. Yet despite this laissez-faire attitude, most […] дальше »

2019-3-17 22:59


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Litecoin Price Analysis: Hitting Major Resistance

The Litecoin (LTC) price continues to surge following an impressive run over the past month — but is it ripe for a pullback? Let’s take a look. Fibonacci Retracement If we take a look at the Fibonacci retracement tool and draw a simple line from the all-time high to its most recent bottom, we can see that the price of Litecoin (LTC) against Bitcoin (BTC) has largely respected each channel while stair-stepping upwards. дальше »

2019-3-16 10:30


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Stellar Price Prediction: XLM Has Bounced on the Support Line, Where Is It Heading Now?

Long-Term Outlook A look at the Weekly chart for XLM in logarithmic form shows that price is trading above the major support area is $0. 06-$0. 07, currently trading at $0. 086. Furthermore, the price is facing very close resistance from the 200-period moving average and trading below the 21 and 50 MAs and the Ichimoku Cloud. дальше »

2019-3-1 14:59


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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