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Ravencoin (RVN) Price Prediction 2019 – Still Flatlining With Hints Of Move Up (May 26th Update)

4H RVNBTC It seems that RVN is forming a declining wedge on this timeframe and we could expect a nice jump for RVN, the target would be the confluence of two Fib zones at 740 sats. Breakout point is this height of 740 sats, if that gets smashed, target is 955 sats, Fib50 level of […] The post Ravencoin (RVN) Price Prediction 2019 – Still Flatlining With Hints Of Move Up (May 26th Update) appeared first on CaptainAltcoin. дальше »

2019-5-26 17:05


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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


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Binance Coin (BNB) Long-term Price Analysis – March 3

BNB/USD may afterward experience a breakout or a breakdown at $12 and $10 price points. This crypto still has a high probability of pushing into other higher range spot or zones. BNB/USD Long-term Trend – Ranging Distribution territories: $14, $16, $18 Accumulation territories: $6, $5, $4 In the last couple of trading days, the market […] дальше »

2019-3-3 11:34


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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


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum

Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »

2018-11-28 01:21


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28