Ethereum has slipped backed to key neckline support as the second largest cryptocurrency continues to trade in lockstep with Bitcoin. The four-hour time frame is showing that a right-hand shoulder has now formed, which completes the bearish head and shoulders pattern. Sustained moves below the $230.00 level are likely to provoke technical selling, with the $205.00...
Ethereum has moved to a new 2019 trading high, with the second largest cryptocurrency by market capitalization receiving a boost from the recent breakout rally in Bitcoin. The first bullish target for the ETHUSD pair is the $230.00 level, with the $270.00 level extended weekly resistance. Sellers need to move price below the $185.00 level to shift the strong...
Litecoin is attempting to move higher in early week trade after the sixth largest cryptocurrency by market capitalization was given a boost by the latest strong rally in Bitcoin. The LTCUSD pair only has an intraday bullish bias while trading above key technical support, at $75.00. Bulls will soon need to break the former monthly trading high or the LTCUSD pair...
BTC / USD Short-term price analysis
Bitcoin retains its bullish short-term trading bias, with the BTC / USD pair still trading above its 200-period moving average on the four-hour time frame despite the recent decline.
The four-hour time frame is showing that a strong technical correction is underway, with the April 12th swing-low the key area to watch if the...
BTC / USD Short-term price analysis
Bitcoin has a bullish short-term trading bias, with buyers regaining control of the BTC / USD pair and moving the number one cryptocurrency to a new 2019 trading high.
The four-hour time frame is showing that the inverted head and shoulders pattern has reached its overall target, while the bearish head and shoulders pattern on...
As stated in the previous article last week, if the resistance level $4200+ is not broken then we would hit the price around $3500 range.Hence it tested the $3478 price level after a drop of 15% this week.
Bullish Case:
It needs to hold the $3400-$3500 support level and break the $4200 level in the coming days to confirm bullish momentum otherwise we might see...
BTC reach support zone from 5799 to 6149
this is strong support for bitcoin.
If this support able to hold bearish, target at 7464 at fibonacci resistance
To understand better about this analysis, please check our daily video analysis
Good Luck
On Friday and over the weekend we saw how indecision in the market was chopping both bulls and bears.
There was a highly confused price action by market participants and we advised not to take any positions during such indecision.
As you can see in the chart, marked in yellow circles, there have been several contradictory and opposite signals only led to a false...
With the genesis cryptocurrency being the trend setter for all alt coins, bitcoin finally made a higher low today after falling into the $7900 range (post the $5500 fall). Bitcoin making higher lows is a VERY important bullish indicator for the cryptocurrency market. Price action follow fibonacci almost like a guide. Long term retracement can be seen at the 23.6%...
ltc are showing now bullish mode but its imortant bitcoin rech 13 to 14 thousend i am except i can show another side way for ltc its will veryfy lst uper candel on side way if we find higvolume candle with breck out but resion is if bitcoin rech aging on11000 to 11500 level and will breck out bitcoin then except for ltc 300 doller or bitcoin fall agin we can...
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD OKCOIN:BTCUSD
A bearish gartley on the back of a bullish momentum price divergence..
This is a good opportunity to trade..., may trigger a breakout, although the bulls are too weak for the bears in the short term
