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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


Stellar Price Prediction: XLM Has Bounced on the Support Line, Where Is It Heading Now?

Long-Term Outlook A look at the Weekly chart for XLM in logarithmic form shows that price is trading above the major support area is $0. 06-$0. 07, currently trading at $0. 086. Furthermore, the price is facing very close resistance from the 200-period moving average and trading below the 21 and 50 MAs and the Ichimoku Cloud. дальше »

2019-3-1 14:59


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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TRON Price Prediction: TRX Has Retraced Back to the Minor Support Area, Will It Start a Move Upward in the Short-term?

Long-Term Outlook A look at the weekly chart for TRX shows that the price is slightly below the major resistance area at $0. 03, currently trading at $0. 024. Price has found support above the 21-period MA and is trading below the 50-period MA, which has offered resistance to price. дальше »

2019-2-17 13:04