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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


MONERO (XMR) Daily Price Forecast – March 4

There has been a relative decrease in the market worth of XMR/USD today. The crypto-trade may as well soon begin to experience variant price consolidation movements. XMR/USD Medium-term Trend: Bearish Resistance levels: $52, $54, $56 Support levels: $42, $40, $38 Notably in the recent past, XMR/USD trade worth largely moved in a range manner around […] дальше »

2019-3-4 17:10


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


Bitcoin (BTC) Daily Price Forecast – February 28

Price of Bitcoin is ranging above the $3,900 price level. If the bulls fail to break above the EMAs, the crypto will continue its range bound movement. BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, February 27, the price of Bitcoin was in a sideways trend. Price […] дальше »

2019-2-28 09:18


Bitcoin (BTC) Daily Price Forecast – February 27

The crypto’s price is trading at $3,882.70 in a sideways trend. If the downward trend continues, the crypto’s price will fall and find support at either $3,600 or $3,700 price levels. BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, February 26, the price of Bitcoin was in […] дальше »

2019-2-27 09:31