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Market finally making comeback
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Bitcoin (BTC) rally has stalled near a key resistance range and a minor pullback could recharge the engine for a much-awaited move toward the $7,000 mark. Further, BTC has failed to close (as per UTC) above the stiff resistance at $6,800 in the last two days.
2018-7-9 21:16 | |
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Most coins under our radar are on a recovery path as they sync with BTC price action. For our previous buys to hold true then we must see gains above key resistance lines and that’s exactly what is panning out in Ethereum (ETH) and EOS.
2018-7-9 17:29 | |
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Bitcoin (BTC) rally has stalled near a key resistance range and a minor pullback could recharge the engine for a much-awaited move toward the $7,000 mark. Further, BTC has failed to close (as per UTC) above the stiff resistance at $6,800 in the last two days.
2018-7-9 16:41 | |
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BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.
2018-7-9 14:00 | |
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BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.
2018-7-9 14:00 | |
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Key Points Bitcoin price spiked above the $6,800 resistance recently before correcting lower against the US Dollar. There is a short-term bearish trend line in place with resistance at $6,730 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-7-9 11:28 | |
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Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart.
2018-7-9 11:13 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $6,600, $6,500, $6,400 Last week, price of Bitcoin was in a bullish trend. It was trading above the $6,000 price level all through the week.
2018-7-9 10:09 | |
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Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart.
2018-7-9 08:00 | |
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Bitcoin (BTC) continues to demonstrate weakness as the volume is at its lowest since the beginning of the year and interest is fading away. Search engine volume for Bitcoin (BTC) has fallen back to its lowest.
2018-7-6 17:00 | |
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Key Points Bitcoin price struggled to move above the $6,600 resistance area and declined against the US Dollar. Yesterday’s highlighted crucial bullish trend line was breached with support at $6,580 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-7-6 11:28 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100 Yesterday, July 5, price of Bitcoin was in a bullish trend. Our intention was to continue to trade the support levels as the bullish trend lasted.
2018-7-6 11:17 | |
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Bitcoin (BTC) needs to overcome a key technical resistance to keep the short-term bull market going, the technical studies indicate. Further, a detailed look at the technical charts reveals the area around $6,754 is packed with moving average lines and Bollinger Band, all working in unison to put brakes on BTC price rally. Hence, a
2018-7-5 16:39 | |
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Bitcoin (BTC) needs to overcome a key technical resistance to keep the short-term bull market going, the technical studies indicate. Further, a detailed look at the technical charts reveals the area around $6,754 is packed with moving average lines and Bollinger Band, all working in unison to put brakes on BTC price rally. Hence, a
2018-7-5 16:28 | |
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Key Points Bitcoin price remained well supported, but it struggled to break the $6,700-6,800 resistance against the US Dollar. There is a major bullish trend line formed with support at $6,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-7-5 11:28 | |
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Bitcoin Price Key Highlights Bitcoin price continues to consolidate inside its rising wedge formation visible on the 1-hour chart. Price has bounced off support to test the resistance and is now back to the bottom once more.
2018-7-5 06:56 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100 Yesterday, July 3, the price of Bitcoin was in a bullish trend. In view of that a Fibonacci retracement tool was attached to determine the support levels of Bitcoin price.
2018-7-4 11:05 | |
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Bitcoin Price Key Highlights Bitcoin price is in a slow but steady climb inside an ascending channel on the 1-hour time frame. Price is currently testing the resistance and might be due for a correction to the bottom or at least the middle.
2018-7-4 06:52 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,700, $6,800, $6,900 Support levels: $6,500, $6,400, $6,300 Yesterday, price of Bitcoin was in a sideways trend. However, the MACD line and the signal line indicated a buy signal for the price of Bitcoin.
2018-7-3 12:00 | |
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Key Points Bitcoin price extended gains and broke the $6,400 resistance zone against the US Dollar. Yesterday’s discussed bullish flag pattern was breached with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-7-3 11:28 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,400, $6,500, $6,600 Support levels: $6,200, $6,100, $6,000 Last week the BTC/USD pair was trading above $6,000 price level all through the week.
2018-7-2 11:25 | |
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Key Points Bitcoin price made a short-term low near $5,800 and bounced back against the US Dollar. There was a break above a key bearish trend line with resistance at $6,280 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
2018-7-1 09:28 | |
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On the last day of June, Bitcoin has managed a minor rally by gaining more than $500 in 24 hours. Unless a significant market downturn occurs, the top-ranked cryptocurrency may end the first half of the year trading at $6,500.
2018-7-1 23:40 | |
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Key Points Bitcoin price is stuck in a tight range between the $6,000 and $6,300 levels against the US Dollar. There is a declining channel forming with resistance near $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-28 11:28 | |
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Key Points Bitcoin price struggled to gain traction and moved below the $6,200 support against the US Dollar. Yesterday’s highlighted important bearish trend line with resistance at $6,200 is acting as a barrier on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-27 11:38 | |
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Bitcoin Price Key Highlights Bitcoin price is finding resistance at the short-term descending trend line and area of interest. If the downtrend resumes, bitcoin could tumble to the Fibonacci extension levels next.
2018-6-27 06:27 | |
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The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.
2018-6-26 19:36 | |
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Bitcoin (BTC) narrowly missed scaling a key resistance level on Monday, but remains on the hunt for a corrective rally, the technical studies indicate. As discussed, a close (as per UTC) above $6,250 (Doji candle high) yesterday would have likely set the tone for a stronger corrective rally. While prices did reach a high of
2018-6-26 16:54 | |
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Key Points Bitcoin price traded with a positive tone and is currently below the $6,300 resistance against the US Dollar. There is a significant bearish trend line in place with resistance at $6,290 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-26 11:38 | |
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Bitcoin Price Key Highlights Bitcoin price bounced after forming a bullish divergence on its 1-hour time frame. Price could make another test of the longer-term channel resistance to attempt an upside break.
2018-6-26 06:06 | |
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Key Points Bitcoin price declined below the $6,000 support and formed a low at $5,654 against the US Dollar. There are two bearish trend lines formed with resistance at $6,280 and $6,540 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-25 11:38 | |
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Key Points Bitcoin price is currently trading in a bearish zone below the $6,250 support against the US Dollar. There is a crucial bearish trend line formed with resistance near $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
2018-6-24 09:30 | |
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A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold.
2018-6-22 00:12 | |
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Key Points Bitcoin price found support near the $6,620 level and recovered well against the US Dollar. There is a key contracting triangle formed with support at $6,700 and resistance near $6,780 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-21 11:38 | |
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Bitcoin Price Key Highlights Bitcoin price has formed higher lows and slightly higher highs to create a rising wedge on its 1-hour chart. Price is bouncing off resistance and might be due for another test of support.
2018-6-21 07:25 | |
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Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling.
2018-6-20 07:38 | |
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Key Points Bitcoin price formed a support base above $6,300 and recovered higher against the US Dollar. There was a break above yesterday’s highlighted crucial bearish trend line with resistance at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-19 11:38 | |
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Key Points Bitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar. There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-18 11:28 | |
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Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken).
2018-6-17 07:48 | |
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Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-15 10:28 | |
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Key Points Bitcoin price formed a decent support near the $6,130 level and recovered against the US Dollar. The BTC/USD pair is currently attempting to break a key bearish trend line with resistance at $6,450 on the hourly chart (data feed from Kraken).
2018-6-14 11:00 | |
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The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.
2018-6-14 23:52 | |
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Key Points Bitcoin price failed to recover above the $6,750 and $6,800 resistance levels against the US Dollar. There is a key bearish trend line formed with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-13 11:00 | |
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Key Points Bitcoin price found support near $6,620 after a major decline against the US Dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-12 12:18 | |
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Bitcoin Price Key Highlights Bitcoin price has formed lower highs and lower lows to trade inside a descending channel on its 1-hour chart. Price is testing support and a bounce could take it back up to the resistance or the Fibonacci retracement levels.
2018-6-12 07:55 | |
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Key Points Bitcoin price fell sharply and declined below a major support area at $7,000 against the US Dollar. There is a major bearish trend line formed with resistance at $6,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-6-11 14:54 | |
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