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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. дальше »

2020-11-19 15:00


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Historically Accurate Analyst Expects Bitcoin to Hit $18,000 In Coming Days

Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. дальше »

2020-11-14 10:00


Dow Jones Blasts Higher as Trump Cozies Up to Xi Jinping

By CCN Markets: The Dow sped toward substantial gains on Friday, as Wall Street prepared to exhale following a volatile - and brutal - week for the US stock market. Investors chewed on some positive news on the trade war front, but at least one analyst fears that Trump’s latest overtures to China are too […] The post Dow Jones Blasts Higher as Trump Cozies Up to Xi Jinping appeared first on CCN Markets дальше »

2019-8-16 16:38


Dow Surges Even Higher But Morgan Stanley Calls for 10% Crash

The Dow eagerly sped toward a fourth consecutive gain on Friday, just one day after the stock market bellwether zoomed past its previous record to close above 27,000 for the first time ever. But as Wall Street continues to bid up valuations more than a decade into this bull run, one Morgan Stanley executive warns […] The post Dow Surges Even Higher But Morgan Stanley Calls for 10% Crash appeared first on CCN Markets дальше »

2019-7-13 16:42


Dow Zooms Higher While Trump Flirts With ANOTHER Trade War

The Dow prepared to zoom higher for a second consecutive day after Federal Reserve Chair Jerome Powell all-but-confirmed that at least one interest rate cut waits just over the horizon. However, with the US stock market trading racing toward new record highs, investors must now grapple with yet another front in President Trump’s international trade […] The post Dow Zooms Higher While Trump Flirts With ANOTHER Trade War appeared first on CCN Markets дальше »

2019-7-12 16:19


Dow Runs on Hope & Fumes as Treasury Yields Spell Economic Doom

  The Dow and broader U.S. stock market advanced on Thursday, as trade-deal optimism offset the sickly feeling on Main Street that the economy was barrelling toward recession. Dow Extends Rally; S&P 500 and Nasdaq Follow Wall Street's major indexes traded higher for most of the session on Thursday despite mixed pre-market conditions for Dow […] The post Dow Runs on Hope & Fumes as Treasury Yields Spell Economic Doom appeared first on CCN Markets дальше »

2019-6-28 22:08


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Bitcoin Price Rally Will Continue, Bullish Weekly RSI Suggests

Bitcoin price is knocking on the $6,000 resistance and appears ready to run higher this week. Bitcoin Price: Market Overview Bulls are buying dips on Bitcoin and defending the ascending trendline even though over the weekend and early Monday BTC showed some occasional weakness on the 1 and 4-hour chart by dropping below the exponential moving averages. дальше »

2019-5-7 10:00


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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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