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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


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


IOTA (MIOTA) Long-term Price forecast-25 November

IOT/USD Long-term Trend -bearish Supply zone: $0.5000, $0.6000, $0.7000 Demand zone: $0.2000 $0.1800, $0.1600 IOTA remains in a bearish trend in the long-term outlook. After the break of the lower demand area, the bears doubled their strength for the downward price movement as the cryptocurrency broke $0.3000 in demand area on 20th November with a […] дальше »

2018-11-25 17:39