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Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control?

Bitcoin has formed lower highs and higher lows on its 1-hour time frame to create a descending channel pattern. Price is bouncing off support and might be due for a test of the resistance soon. Applying the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with […] The post Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control? appeared first on Ethereum World News. дальше »

2018-10-29 05:16


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31