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Crypto Market On Verge of Explosive Move: Here’s Which Way It Will Trend

Although the past few weeks have been marked by crypto assets jumping 5% then crashing 5% again and again, Bitcoin and the rest of the cryptocurrency market is actually consolidating. The chart below shared by a crypto trader proves this point: it shows that Bitcoin has been trading tightly between the key 50-day and 200-day simple moving averages for the past two weeks. дальше »

2020-4-24 15:00


Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »

2019-12-31 08:30


The Longer Bitcoin Stays Consolidating at the Lows, the Higher the Odds This is Not ‘the Bottom’

During the last week of May, Bitcoin hit the new highs of 2019 twice when it surged above $9,000 touching $9,100 briefly. Since starting the new month June, after surging to $8,800 level Bitcoin took a drastic drop to $7,700 level on June 3rd and then another drop below $7,400, the next day. Bitcoin has […] дальше »

2019-6-6 17:53


TRX / USD Price Analysis: Resisting Pressure

TRX is bearish over the short-term, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame The TRX / USD pair is now consolidating above its 200-day moving average The daily time frame continues to show a valid inverted head and shoulders pattern TRON / USD Short-term price analysis TRX has […] The post TRX / USD Price Analysis: Resisting Pressure appeared first on Crypto Briefing. дальше »

2019-5-3 18:11


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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Ethereum Price Analysis: Is it ‘Break’ Time?

It’s been a fairly uneventful weekend for Ethereum (ETH). Bitcoin’s inability to break above $4,000 appears to place a damper of momentum within the wider market. A break seems imminent — but in which direction?  One-Hour Chart Ethereum is steadily consolidating into a tighter range, notching lower highs and seemingly on the verge of dropping below the 12 and 26 EMA on the 4hr chart. дальше »

2019-3-11 11:00