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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Binance Coin (BNB) Daily Price Forecast – January 2

BNB/USD Medium-term Trend: Ranging Distribution territories: $7, $7.50, $8 Accumulation territories: $5.50, $5, $4.50 Last year December 31, BNB/USD managed to test $6.50 upper range, but since January 1, the crypto has been witnessing a series of lower lows a bit above the $6 lower range. The current range zones have been in play since […] дальше »

2019-1-2 14:35


Ethereum (ETH) Daily Price Forecast – December 28

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $280 Support Levels: $130, $120, $110 Yesterday, December 27, the price of Ethereum was in a bearish trend. On December 25, the crypto’s price fell to the low of $128 and price commenced a range bound movement above that level. Yesterday, the 12-day EMA and  the 26-day […] дальше »

2018-12-28 09:11


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Ethereum Price Seems Bound to Retrace to $90 or Lower

When it comes to Ethereum, the future price momentum remains in question. After hitting an all-time high of over $1,200 in 2017, the value has plummeted to the double-digit range one year later. This usually doesn’t bode well for any asset or cryptocurrency in the long run, although Ethereum might be one of the more […] The post Ethereum Price Seems Bound to Retrace to $90 or Lower appeared first on NullTX. дальше »

2018-12-18 13:20


Bitcoin’s Price Seems To Be Primarily Moved By “Speculation”, According To BitPay CEO

Bitcoin’s Price Seems To Be Primarily Moved By “Speculation,” According To BitPay CEO The crash that the cryptocurrency world has dealt with this year has been substantial. After almost ending the year in 2017 with a $20,000 price tag, the unfortunate fall to the $3200s range has been much more than disappointing. However, CEO Stephen […] дальше »

2018-12-15 20:14


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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