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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


Bitcoin Price Analysis | November 8, 2018

Resistance levels: $6,509, $6,543, $6,609 Support levels: $6,439, $6,356, $6,286 BTC/USD Medium-term Trend: Bullish BTC is in a bullish trend on the medium-term outlook.  The Bulls return to the BTC market was noticed on October 31, when a strong bullish engulfing candle, formed at the $6,208 price level below the support level of $6,286 closed […] The post Bitcoin Price Analysis | November 8, 2018 appeared first on ZyCrypto. дальше »

2018-11-8 20:22


Stellar (XLM) Price Analysis: Retesting the Broken Price level of $0.25 to Continue its Uptrend Movement

XLM/USD Medium-term Trend: Bullish Supply levels: $0. 26, $0. 27, $0. 29 Demand level: $0. 25, $0. 24, $0. 23 Stellar continues its bullish trend on the 4-Hour chart. The cryptocurrency started making ‘Higher Lows’ (HL), “Higher Highs” (HH) on the 4-Hour chart since November 1st after the formation of bullish pin bar on the demand level of $0. дальше »

2018-11-7 18:23


Ethereum (ETH) Price Analysis | November 6

Supply levels: $216, $218, $222 Demand levels: $211, $207, $205 ETH/USD Medium-term Trend: Bullish Ethereum is bullish on the medium-term. The cryptocurrency consolidated yesterday after the sudden uptrend movement scenario that happened on November 4th, when there was a bullish engulfing candle formation at the demand level of $201, the ETH price rallied to the […] The post Ethereum (ETH) Price Analysis | November 6 appeared first on ZyCrypto. дальше »

2018-11-6 21:29