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Will Ethereum Break Out Above $250?
On June 26, Ethereum broke down from a rising support line that had been in place since March 13. While the price is still trading inside a strong support area, the bearish price action suggests that the current upward trend has ended. дальше »
2020-7-1 18:00
ATOM Breaks Above Resistance, IOTA May Soon Follow
Cosmos (ATOM) has broken out from a long-term descending resistance line and validated it as support afterward. The price is expected to continue moving upwards. IOTA (IOTA) has created a bullish hammer and is in the process of breaking out from a similar descending resistance line. дальше »
2020-6-30 14:10
Bitcoin’s Short-Term Breakout Could Lead to a Bounce
On June 29, the Bitcoin (BTC) price broke out from a short-term descending resistance line. This could have been the beginning of an upward move that takes the price towards $9,300-$9,400. However, the longer-term outlook is still bearish, and BTC is expected to eventually decrease towards the range low. дальше »
2020-6-30 10:26
Making Sense Of Bitcoin’s Rising Dominance Rate
The Bitcoin dominance rate (BTCD) is currently trading inside a crucial resistance area, a rejection from which could trigger an accelerated move down. Similarly, Ethereum has created a bearish pattern inside a strong resistance area, forewarning of a similar decrease. дальше »
2020-6-30 20:10
Two Volatile Altcoins That Could Soon Move Upwards
Matic Network (MATIC) is trading above a long-term rising support line but has yet to move above a crucial resistance area. Loom Network (LOOM) is trading inside a bullish pattern but has yet to break out. дальше »
2020-6-30 19:51
What’s Happening With Bitcoin Cash, BSV, and Bitcoin Gold?
Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) have all had tough times so far in 2020. Each has fallen below important support areas. However, it looks like BTG is currently in the process of initiating a reversal, while BSV and BCH are still lagging behind. дальше »
2020-6-29 16:10
Bitcoin Closes Third Successive Bearish Weekly Candlestick
During the week of June 22-29, the Bitcoin price created a small bearish candlestick with wicks on both sides, slightly longer on the upper. This makes for the third bearish candlestick since the price was rejected by $10,380 on June 1, a sign that the upward trend has lost strength. дальше »
2020-6-29 12:03
EOS and ICON Are Looking Primed to Launch
ICON (ICX) is trading near the end of a bullish reversal pattern, from which a breakout is expected. EOS (EOS) has created a long-term double-bottom, which could reverse its own current bearish trend. дальше »
2020-6-28 14:35
Is the Bitcoin Dominance Rate About to Fall Off?
The Bitcoin dominance rate (BTCD) has broken down from a long-term ascending support line and faces considerable overhead resistance. While a short-term relief rally could occur, BTCD is expected to eventually continue its longer-term descent. дальше »
2020-6-26 14:20
Bitcoin Creates Another Bullish Hammer Above Crucial Moving Average
On June 25, the Bitcoin price continued its descent from the day prior, dropping to a low of $9,009. However, the lower prices were quickly bought up, and the price closed at $9,249, creating a long lower wick and a hammer candlestick. дальше »
2020-6-26 10:35
Bitcoin Bounces on Crucial Moving Average Yet Again
The Bitcoin price decreased considerably on June 24, creating a bearish engulfing candlestick and erasing almost all of the gains made from the June 22 breakout. However, the price is still trading inside a strong support area backed by the 50-day moving average (MA). дальше »
2020-6-25 13:45
Analyzing CME Futures Expiration Effect on the Bitcoin Price
Bitcoin CME futures for June expire this Friday the 26. An analysis of the price movement during prior expiry dates shows a bearish bias, but the results are not conclusive enough to state with certainty that Bitcoin (BTC) decreases during these dates. дальше »
2020-6-25 08:21
Will Bitcoin Test $10,000 Once More?
After increasing considerably on June 22, the Bitcoin price decreased slightly the next day. It has just broken down from a symmetrical triangle but it seems likely to continue its upward movement. дальше »
2020-6-25 15:18
Bitcoin Approaches Crucial Point in Wyckoff Distribution
Since April 30, the Bitcoin price has been trading in a range between $10,050 and $8,500. The price movement inside this area is akin to the distribution phase of a Wyckoff distribution, meaning a breakdown from the range would be expected. дальше »
2020-6-25 09:28
Outlining Ethereum’s Long-Term Movement
The Ethereum price has reached an important resistance line, which has been in place since June 26. While a breakout above could trigger a rapid increase, the price seems more likely to fail and reverse its trend. дальше »
2020-6-24 20:00
Bitcoin Dominance Rate in a ‘Make or Break’ Position
The Bitcoin dominance rate (BTCD) is trading at a long-term ascending support line that has been in place since the beginning of February. Technical indicators suggest that the BTCD will break down from this line. дальше »
2020-6-24 16:05
Bitcoin’s Breakout Has the Price Aiming for $10,000
On June 22, the Bitcoin price created a bullish engulfing candlestick and broke out from a descending wedge that had been in place since the beginning of June. The price reached a high of $9,780 before decreasing slightly to $9,600 where it was trading at the time of press. дальше »
2020-6-23 12:05
Using Elliott Waves To Determine Bitcoin’s Future Movement
The Bitcoin price has been decreasing since June 1, but today it showed signs of a reversal by breaking out from a short-term descending resistance line. It is possible that this move takes the price all the way to $10,000. дальше »
2020-6-23 08:42
Two Altcoins that May Have Finished Correcting
Both ICON (ICX) and Dusk Network (DUSK) have been retracing after completing upward moves. The short-term patterns suggest a further reversal and continuation of the previous upward movements. ICON (ICX) The daily ICX chart shows that the price has been decreasing since reaching a high of 4,046 satoshis on May 26. дальше »
2020-6-23 15:15
Bitcoin Finally Breaks Out, Aiming for Range High
On June 21, the Bitcoin (BTC) price broke out from a descending resistance line that had been in place since July 16. This opens the way for an increase that could carry the price upwards of $9,600. дальше »
2020-6-23 11:50
Determining Bitcoin’s Long-Term Trend
The Bitcoin price has been trading inside a descending wedge since July 1. While a breakout from this pattern is expected, the long-term trend cannot be considered bullish until BTC breaks out above $10,500. дальше »
2020-6-21 16:16
Two Bullish Continuation Patterns That Could Lead to Breakouts
The prices of both BEAM and LTO are trading inside bullish continuation patterns, which suggest that a breakout will soon occur. Beam (BEAM) The BEAM price began an upward move on May 15 and has been increasing since. дальше »
2020-6-19 20:00
When Will These Two Lagging Majors Begin to Move Upwards?
The EOS price has reclaimed the support area of a long-term trading range, indicating that it might begin to move towards resistance. DASH has yet to reclaim its own support area, but technical indicators are showing that it might soon do so. дальше »
2020-6-19 16:04
Bitcoin Struggles to Hold on to Critical Support
On June 18, the Bitcoin (BTC) price failed to break out from its current pattern and fell to the $9,250 support area instead. This area is the middle of the long-term trading range BTC has been stuck in since May. дальше »
2020-6-19 12:10
Bitcoin Dominance Rate at Risk of a Sharp Drop
The Bitcoin Dominance Rate (BTCD) has been trending upwards on an ascending support line since the beginning of June. The failure of this line to initiate a bounce for such a prolonged period indicates that the BTCD is likely to break down from this support instead. дальше »
2020-6-19 08:50
Will Ethereum Break Out Above Resistance?
The Ethereum (ETH) price is currently trading inside a minor support area and has shown numerous signs of weakness, all of which suggest that a short-term fall awaits. Note: This is a shorter-term analysis. дальше »
2020-6-19 22:00
Impending Bitcoin Breakout Could Take Price Back Over $10,000
The Bitcoin price experienced a relatively volatile trading day on June 17, initially decreasing considerably to reach a low of $9,236. However, the lower prices were bought up, creating a long lower-wick in the process. дальше »
2020-6-18 12:10
IOTA Signals A Long-Term Trend Reversal
The IOTA price has been consolidating near 2000 satoshis since August 2019. The price has been showing strong signs of a reversal, indicating that a bullish trend may soon begin. Weekly Analysis The weekly chart for IOTA reveals that the price has been decreasing since September 2018. дальше »
2020-6-18 23:15
A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level
The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto. дальше »
2020-6-18 14:35
Determining Bitcoin’s Current Pattern
The Bitcoin price has been decreasing since June 1. While the price is trading inside a descending wedge, which is considered a bullish pattern, the long-term trend cannot be considered bullish unless the price breaks out above $10,000. дальше »
2020-6-17 08:18
Two Altcoins That May Have Finished Correcting
The prices of both ICON (ICX) and Hedera Hashgraph (HBAR) have been correcting over the past two months. While both have halted their decline, ICX is showing stronger signs of reversal. ICON (ICX) The ICX price has been declining since April 1, when it reached a high of 4265 satoshis. дальше »
2020-6-16 19:00
Can Litecoin Successfully Reclaim $50?
The Litecoin price has been trading inside a massive symmetrical triangle since April 16. The price is expected to eventually break out from this triangle and move towards long-term resistance levels. дальше »
2020-6-16 15:10
Bitcoin Hammer Gives Hope to Bulls
The Bitcoin price began the day of July 15 by decreasing considerably, reaching a low of $8,910. However, the lower prices could not be sustained and BTC increased to reach a close of $9,247, creating a bullish hammer in the process. дальше »
2020-6-16 11:25
The Bitcoin Dominance Rate Finally Breaks Out
The Bitcoin dominance rate (BTCD) has been decreasing since May 14, but recently broke out from a long-term descending resistance line, indicating that an upward trend has begun. This means that altcoin and Bitcoin pairs are likely to decrease. дальше »
2020-6-16 20:10
Ethereum Fights to Hold on to Support
The Ethereum/Bitcoin pair has been decreasing since reaching a high on May 30. The failure to break out above a significant resistance area and subsequent decline suggest that the price might have begun a correction. дальше »
2020-6-16 16:10
Will Bitcoin Find Support at $9000?
During the week of May 8-15, the Bitcoin (BTC) price decreased slightly while creating a small bearish weekly candlestick. Since this candlestick is following a price rejection from an important resistance area, this increases the chance that the price will continue decreasing in the long-term. дальше »
2020-6-16 12:50
An Outline Of Bitcoin’s Upcoming Correction
The June 11 decline in the Bitcoin price confirmed weakness in the ongoing bullish trend and made it very likely that the BTC price has been trading in a Wyckoff distribution pattern between $8500 – $10,050 since April 29. дальше »
2020-6-13 01:00
Bitcoin Breaks Down from Long-Term Support Line
On June 11, the Bitcoin price created a massive bearish engulfing candlestick, causing the price to break down from the long-term ascending support line it had been following since March 13. It is possible that this was the beginning of a longer-term corrective movement that could knock the price all the way back to $7,000. дальше »
2020-6-12 12:05
As Bitcoin Decreases, Its Dominance Rate Moves Upward
On June 11, the Bitcoin price was rejected by the $10,000 resistance area and has been decreasing since, briefly falling below $9,500. Interestingly enough, this decrease in Bitcoin price has caused a slight increase in the Bitcoin dominance rate. дальше »
2020-6-12 04:00
ENJ Finds Support Above 2000 Satoshis & Should Move Higher
After a strong upward move, ENJ has been retracing over the past ten days. The price is trading inside a significant support area, and the action is considered bullish as long as it remains here. дальше »
2020-6-12 23:30
Ethereum Makes Yet Another Breakout Attempt
The Ethereum price is trading inside a vital resistance area. A breakout above could trigger a rapid price rise. However, the price has been showing signs of weakness lately, making a rejection more likely. дальше »
2020-6-12 20:19
NEO Could Keep Climbing After Brief Consolidation at Support
The NEO price has broken out above an important resistance area and moving average, and has validated them as support afterward. As long as the price stays above these two levels, its outlook is bullish and NEO is expected to continue increasing. дальше »
2020-6-12 16:05
Bitcoin Knocked Back from $10,000 Again — What’s Next?
In the late hours of June 10, the Bitcoin price made an attempt at breaking out from the current resistance area to reach a high of $9,981. However, it failed to sustain the higher prices and has been decreasing since, returning to the breakout level. дальше »
2020-6-11 11:24
What Are the Deciding Factors for Bitcoin’s Next Move?
Since a rapid decline on June 2, when BTC fell by almost 10%, the price has been trading in a range between $9,450 and $10,100. Whether the price breaks out or down from this area will be a major factor in determining the direction of the future longer-term trend. дальше »
2020-6-11 08:00
NANO Has Increased By 100%, ADA Seeks a Similar Return
The NANO price has doubled in value since May 8. ADA has increased by 50% since May 18 and has shown a few similarities to NANO, allowing for the possibility of a continuation move that could see it rally by another 50%. дальше »
2020-6-11 18:56
When Will Bitcoin Make a Decisive Move?
On June 10, the Bitcoin price moved in a range between $9,570-$9,870. Even though the price broke out from a short-term resistance line, this movement will likely have no ramifications for the longer-term trend. дальше »
2020-6-10 13:10
LINK Attempts to Reach a New All-Time High
The ChainLink (LINK) price has been gradually increasing over the past two months. While the upward move has shown considerable strength, the price is approaching a crucial resistance area, which could be an obstacle for the ongoing bullish trend. дальше »
2020-6-10 02:59
Will DOGE Be the Next Coin to Break Out?
The DOGE/USD price has bounced on the support line of a bullish pattern and seems poised to break out. On the other hand, the DOGE/BTC pair is stuck in a consolidation pattern. Well-known cryptocurrency trader @Mesawine1 notes that the Dogecoin (DOGE) price is trading inside a rising channel and will soon break out. дальше »
2020-6-10 23:00
Alt Season or No Alt Season? Bitcoin Dominance Paves The Way
The Bitcoin dominance rate (BTCD) is decreasing alongside a descending resistance line from May 14. The price made an attempt to break out in the early hours of June 9 but was swiftly rejected and has fallen back since. дальше »
2020-6-10 19:21
Bitcoin Fails To Break Out Above $9,800
The Bitcoin (BTC) price increased slightly on June 8, creating a tiny inverted hammer candlestick. The next day, it began an upward move, with a false breakout above important resistance at $9,825. дальше »