BCH/USD(Bitstamp) As mentioned in the previous article last week, Bitcoincash has been under correction(dropping) and it dropped further 20%+ since last week. Bullish Case: After surging 200%+ in the mid of December, It has dropped 50% at the time of writing.Though such drop is usual after such price surge but it need to holds $123-$109 price level to continue...
XLM/BTC Analysis Stellar project enables low-cost interbank transfers across countries in less than 5 seconds. The Stellar Development Foundation is also working to enable access to the financial world for the unbanked. Bullish Case: XLM has been hovering around the long term horizontal support (green bar)and surged 15% before correcting to the same level...
Bearish Divergence on 12H might play making it drop to 0.0007300 level
#1 Key Highlights: * Ripple(XRP/USD) price surged 10%+ recently.\u2028 * It broke short-term downtrend line(black).\u2028 * Resistance level $0.32+ tested and now in correcting phase.\u2028 * Possible S/R flip in play.\u2028 #2 Chart Analysis: If we see the XRP technical analysis today for hourly (4H) time frame chart, it has broken the short-term downtrend...
#1 Key Highlights * Support around $100+ level held strongly.\u2028 * 200H-MA(moving average) broken with buying volume.\u2028 * Ethereum(ETH/USD) price surged 20%+.\u2028 * $120+ resistance broken and retested.\u2028 #2 Chart Analysis Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum. Looking at the ethereum trends on Hourly(4H)...
TRON Latest Price Analysis- Feb 8, 2019- Bittorrent Airdrop Effect On Tron's Price Fading? #1 Key Highlights * TRX/USD price surged 10+% and in downside correction.\u2028 * $0.02554 support level broken.\u2028 * TRX/USD closed below 200-4H Moving Average (MA) after breaking it.\u2028 * Tested Ichimoku cloud's resistance but couldn't sustain it above.\u2028 #2...
USDCHF-Swing Short Trade for 50 pips gains
0x(ZRX) has been contributing strong enough in developing the protocol and has come up additional products like instant purchasing on any website or app. It has been confirmed as well that it will be listed on the Coinbase exchange but since then it has fallen 70%+ in price. Bullish In mid-December it has seen surge in price(45+%) and has tested the first...
EOS has showed strong upward trend last month and surged 90+% strongly.It has dropped in price about 25%+ since the last post. Bullish Case: It tested the Resistance(red bar) at $3.0 price level and dropped 25% recently. If it manages to hold the support level(green bar) and breaks the $3 price level, then it we might test the $4.4 level with two major hurdle to...
ETH/USD(Bitfinex) Ethereum has seen a price jump due to the hard fork fever but couldn't manage to sustain momentum and dipped 25%+ recently after the hard fork got over. Bullish Case: After the recent drop it tested the support level of $116-$117 and jumped(15%+) to $131 price level recently. If it manages to hold this level $116+ and breaks $151+ price level...
XRP/USD(BITFINEX) Ripple recently tested the $0.40 resistance level and couldn't break the same with dropping to $0.32 level(19%) recently. Bullish Case: If the manages to hold $0.32 price level and breaks the 0.38$ level then it would be slightly bullish for the asset. Bearish Case: There is a lack of buying interest(volume) and if It broke the $0.32 support...
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...
Bitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level. Bullish Case: If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level. Bearish Case: If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500...
Bearish Divergence in play so we might see a drop to <$130
ADA/BTC Analysis ADA has seen significant move(40%+) recently and is expected to dip(drop) in the coming days for healthy correction before the next leg up. Bullish Case: It recently had a strong upward movement and will undergo a healthy correction(drop) in the coming days.If it manages to hold the support level(green bar) then it will try to the test the next...
Tron has been the best performer in the market recently and has seen surge(100%+) for the past 40 days with news of Bittorrent company.However it needs to cool off(drop) before continuing the bullish momentum. Bullish Case: It will undergo a healthy correction after the recent surge and needs to hold the 488-530 satoshi level before moving up.If it manages to...
STRAT has broken the long term downtrend line(dotted) with 200 MA(Moving Average) and have moved significantly(150%+). It has tested resistance 0.0004500+ and its undergoing a correction(dip). Levels of support(buy levels) are shown in the chart and expect a more upside if the bitcoin doesn't dump significantly.