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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Golem (GNT) Price Prediction 2019 – “Supercomputer” Still Relevant?

Golem is an Ethereum based project that aims to build a decentralized network which allows users to share and aggregate computing resources to create a global supercomputer. The Golem team is creating a network to share resources and hopes to supply software developers with an alternative to traditional centralized cloud service providers like Amazon, Google, […] The post Golem (GNT) Price Prediction 2019 – “Supercomputer” Still Relevant? appeared first on CaptainAltcoin. дальше »

2019-3-18 05:18


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Bitcoin Cash (BCH) Daily Price Forecast – March 15

  The medium-term outlook is in consolidation while the short-term is in a bullish trend. Traders may consider buying at pullback areas. BCH/USD Medium-term Trend: Ranging Supply zones: $180, $200, $220 Demand zones: $50, $40, $30 BCHUSD continues in the range in its medium-term outlook. $134.35 in the supply area was the high due of […] дальше »

2019-3-15 10:20


Binance Coin (BNB) Market Analysis: Currency Targets $13 Price Level

Supply Zones: $15, $16, $17 Demand Zones: $14, $13, $11 BNB/USD Medium-term Trend: Ranging BNB/USD is gradually changing from the bullish trend to bearish trend on the medium-term outlook. The cryptocurrency has been bullish for more than a week; it started on February 28 with the formation of a strong bullish candle that pushed the […] The post Binance Coin (BNB) Market Analysis: Currency Targets $13 Price Level appeared first on ZyCrypto. дальше »

2019-3-14 15:19


Bitcoin SV (BSV) Daily Price Forecast – March 14

  The medium-term outlook is in consolidation while the short-term is in a bullish trend. Traders should be patient trading the range. BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is in a range-bound market in its medium-term outlook. The strong bearish pressure was lost at $63.33 in […] дальше »

2019-3-14 09:22


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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


Bitcoin Cash (BCH) Daily Price Forecast – March 8

  The medium and short-term outlook continues in a range-bound market. Traders should be patient for a define trend after a breakout or price breakdown. BCH/USD Medium-term Trend: Ranging Supply zones: $180, $200, $220 Demand zones: $50, $40, $30 BCHUSD continues in the range in its medium-term outlook. $132.67 was the high while $129.17 in […] дальше »

2019-3-8 16:00


Bitcoin SV (BSV) Daily Price Forecast – March 5

  The cryptocurrency is in a range-bound market both in the medium and short-term outlook. Patience should be exercised trading the range BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is back in a range-bound market in its medium-term outlook. The breakdown from $63.49 in the lower demand […] дальше »

2019-3-5 09:12


Price Analysis: Would XRP Reverse At $0.30 Price Level?

Supply zones: $0.31, $0.33, $0.34 Demand zones: $0.30, $0.28, $0.26 XRP/USD Medium-term Trend: Bearish On the medium-term outlook, XRP/USD is on the bearish trend. As long as the drawn bearish trend has not been broken up, the bears still hold the market but immediately the bullish candle penetrates the trend line and closes above it, […] The post Price Analysis: Would XRP Reverse At $0.30 Price Level? appeared first on ZyCrypto. дальше »

2019-3-4 18:56


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


$67,193: Veteran Crypto Trader Explains His Oddly-Specific Bitcoin Price Target

Veteran trader Peter Brandt has an oddly specific bitcoin price target – $67,193. Brandt, who boats of 40-plus years’ experience in commodity trading, arrived at this figure by taking the combined value of the 33,000 tonnes of central bank-owned gold and dividing it by bitcoin‘s fully-diluted currency supply of ~21 million coins. дальше »

2019-3-1 23:01