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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »

2020-5-5 23:00


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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »

2020-4-29 23:00


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A key technical indicator shows Bitcoin is highly undervalued despite selloff

Bitcoin has had a rough day, with the benchmark cryptocurrency plummeting towards the low-$9,000 region as bears gain full control of BTC’s price action. This intense downwards pressure seems to mark an extension of the selling pressure that was first incurred when Bitcoin faced a sharp rejection at $10,000 this past Sunday. дальше »

2020-2-27 23:35


Ethereum Breaking This Level Could Lead to a Massive Technical Breakout

Ethereum’s firm 2020 uptrend has been quite significant, as it has drastically altered the cryptocurrency’s market structure, making ETH look to be incredibly bullish at the moment. It is important to note that ETH is currently on the cusp of breaking above a key resistance level that could catalyze a significant upwards movement against its... The post appeared first on NewsBTC. дальше »

2020-2-2 23:00


Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally

The Bitcoin price is up 45 percent in the past month and a half. Historically, such an extended rally warrants a pullback. But, BTC now has all five elements for an extended upside movement. Two key technical elements: lower time frame sell absorption, higher time frame bullish structure Throughout the past 43 days, the Bitcoin […] The post Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally appeared first on CryptoSlate. дальше »

2020-1-30 11:04


Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first

The Bitcoin price tends to move in a trend that deals maximum pain for both bulls and bears in the market — and this time is seemingly no different. Based on previous fractals, one popular cryptocurrency technical analyst said that the Bitcoin price is more likely to pull back to the low $5,000s to establish […] The post Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first appeared first on CryptoSlate. дальше »

2020-1-23 02:40


Markets Back Under Pressure as Bitcoin Gets Rejected From Key Trendline

The cryptocurrency market came back under downside pressure on Monday as Bitcoin and other major cryptocurrencies gave back a significant portion of their late-November trading gains. Bitcoin is trading below the $7,300 level, following a major technical rejection from trendline resistance on the daily time frame, located around the $7,865 level. дальше »

2019-12-3 17:11


Binance Joins Kakao’s Klaytn Council; CZ Taunts “Big Corp. Partnerships In The Pipeline”

Binance becomes first blockchain firm to join the governance council of Klaytn, a blockchain based service solution built by Kakao, a South Korean internet giant. The exchange joins LG, Samsung, Unionbank of the Philippines and Celltrion in the 24 member governance council that makes key decisions for the business and technical enhancement of Klaytn blockchain. […] дальше »

2019-10-22 17:02


Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit

By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U. S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission (CFTC), the bitcoin price was hovering at below $10,000. дальше »

2019-8-19 14:24


Ethereum Price Analysis ETH / USD: Extensive Losses

Ethereum has a bearish short-term bias, with the ETH / USD pair crashing below key technical support on the four-hour time frame The four-hour time frame shows that the recent bearish triangle breakout has accelerated the ETH / USD pair’s decline The daily time frame shows that the bearish head and shoulders pattern is close […] The post Ethereum Price Analysis ETH / USD: Extensive Losses appeared first on Crypto Briefing. дальше »

2019-8-15 16:16