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Ripple’s XRP Price Remains in a Descending Triangle as Cryptocurrencies Consolidate

Most major cryptocurrencies are consolidating today. However, some exceptions include Tron and Cardano which are both showing strong price performances. Ripple’s XRP – the third largest cryptocurrency by market cap – is also consolidating and continues to trade within a descending triangle pattern which has been forming since the end of December. дальше »

2019-1-9 19:14


Does the Head & Shoulders Pattern for Ethereum [ETH] Mark the End of its Bullish Outperformance?

Ethereum has been outperforming other major cryptocurrencies since mid-December. However, the second largest cryptocurrency has failed to keep up with the recent bullish movements. A surge took place across the market yesterday which was led by Litecoin initially appreciating over 10% and other major cryptocurrencies then following suit. дальше »

2019-1-7 18:24


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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


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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


A Bullish pattern is Emerging and flushing the red lights from the Crypto Market

Something very interesting is happening in the cryptocurrency market. Something that traders and investors have been anticipating for the longest time yet. Since the hash war began in November, right after the Bitcoin Cash hard fork had commenced, the cryptocurrency market has been nursing numerous losses from different angles, with some tokens peaking at an […] The post A Bullish pattern is Emerging and flushing the red lights from the Crypto Market appeared first on ZyCrypto. дальше »

2018-12-10 20:07