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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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Stellar [XLM]: Possible Ascending Triangle?

On the 3-day chart, Stellar has been moving above strong support (green line) for the past 240 days. In early November we had the first bullish MA cross in more than a year (9-day SMA crosses 26-day SMA), but the price quickly hit resistance at both the cloud and the 100-day SMA on November 13 […] Stellar [XLM]: Possible Ascending Triangle? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-17 15:29


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Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?

Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […] Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-16 13:54