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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


Tron (TRX) Daily Price Forecast – December 6

  TRX/USD Medium-term Trend: Bullish Supply zones: $0.02500, $0.02600, $0.02700 Demand zones: $0.01000, $0.00900, $0.00800 TRX returns to a bullish trend in its medium-term outlook. The cryptocurrency is in a nice bullish pennant with an expected breakout from the upper trendline after the upward movement that saw TRXUSD at $0.1484 in the supply area. The […] дальше »

2018-12-6 12:54


Binance Coin (BNB) Daily Price Forecast – December 5

BNB/USD Medium-term Trend: Bullish Distribution territories: $7.50, $8, $8.50 Accumulation territories: $4.50, $4, $3.50 Binance Coin has been strongly making a rebound movement against the US dollar market valuation since yesterday while both the middle and the 50-day SMA were breached northwards to touch the upper Bollinger Band. Both the two last week’s closer dimensional […] дальше »

2018-12-5 14:51