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Bitcoin’s Short-Term Move Could Determine Its Long-Term Trend
The Bitcoin price bounced at the $9,450 support area on June 7 and has been increasing since. While the price is trading inside a resistance area, an increase above would likely trigger a rapid move upwards. дальше »
2020-6-9 04:00
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Will Ethereum Breakout Above Yet Another Resistance?
The Ethereum price is approaching a crucial resistance area. A breakout above could trigger very rapid price acceleration. While both a breakout and a rejection remain possible, technical indicators are bullish, so a breakout is more likely. дальше »
2020-6-9 20:00
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EOS Readies For Launch After Breaking out From Previous Range
The EOS price has broken out from an important resistance area and is in the process of validating it as support. If it’s successful in doing so, the price is expected to continue its upward movement towards the next closest resistance area. дальше »
2020-6-9 16:09
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Analyzing Bitcoin’s Weekly Close and Future Trend
The Bitcoin price began the week of June 1 with a considerable increase, reaching a high of $10,380. However, the price dropped sharply afterward, creating a long upper-wick and possibly a reversal candlestick. дальше »
2020-6-9 12:05
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Two Altcoins That Have Reclaimed Long-Term Support Levels
Both Aion (AION) and Golem (GNT) have reclaimed long-term support, and have consequently created bullish setups. Aion (AION) In the period from July – December 2019, the AION price was trading at an all-time low near 700 satoshis. дальше »
2020-6-6 01:00
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Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So
The Bitcoin price is possibly following a Wyckoff distribution pattern, a breakdown of which could see a sell-off down to between $6,000 – $7,000. First things first, what is the Wyckoff distribution? The analysis method explains a period of consolidation, which occurs after an upward move, serving as a way for market makers to sell […] The post Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So appeared first on BeInCrypto. дальше »
2020-6-5 21:00
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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54
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Determining the Direction Of Bitcoin’s Next Move
The Bitcoin price caught a bit of relief on June 4 to reach a daily high of $9,881. However, the price failed to flip the $9,840 level as support and has already begun to show weakness. At the time of writing, the BTC price was trading right at the 0. дальше »
2020-6-5 12:12
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A Look at the Bitcoin Dominance Rate and Alt Season Possibilities
The Bitcoin dominance rate (BTCD) has steadily decreased alongside a descending resistance line from May 14. The price is showing short-term reversal signs, but the trend remains bearish as long as BTCD is below this line. дальше »
2020-6-5 00:22
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When Will Dogecoin (DOGE) Catch Up to the Rest of the Market?
The Dogecoin (DOGE) price has been trading inside a range of 25-34 satoshis since October 2019. Currently, there are no immediate signs that the price will break out or down from this range. While numerous altcoins have been posting double and even triple-digit gains, DOGE has yet to move out from its consolidation range. дальше »
2020-6-4 16:07
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Bitcoin Continues Retracement, Finds Support Above $9,600
The Bitcoin price has been gradually increasing inside an ascending channel since the rapid decrease on June 2. The price is expected to reach the closest resistance area, found between $9,700-$9,800. дальше »
2020-6-4 11:10
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What’s Next For NEO After Breakout?
The NEO price has rapidly increased over the past five days. On June 3, the price broke out from a symmetrical triangle, and, at the time of writing, was rising towards the closest resistance area. дальше »
2020-6-4 03:30
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Comparing Bitcoin’s Recovery to That of Gold and Oil
Since the March 13 drop, both Gold and Bitcoin have recovered the entirety of their losses and have created new highs. The price of Oil, however, has yet to recover, currently trading 30% below its March high. дальше »
2020-6-4 23:30
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How Long Can Cardano (ADA) Continue to Climb?
The Cardano (ADA) price has increased by 58% since May 18. It has, however, reached an important resistance area that could initiate a severe reversal. This possibility is also supported by the creation of a short-term bearish pattern. дальше »
2020-6-3 15:24
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Bitcoin Looks Ready for a Bounce After a Tumultuous Tuesday
On June 2, the Bitcoin price was subject to a rapid decrease that caused it to drop by roughly $600 inside of an hour. At the time of press, BTC was trading at $9,500, slightly above a minor support area. дальше »
2020-6-3 11:05
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Ethereum Breaks Out Above Resistance, Targeting $280
The Ethereum price has steadily increased since its March 13th bottom. It has also risen much faster than BTC creating bullish momentum in the corresponding ETH/BTC price. However, ETH/BTC is quickly approaching a crucial resistance area. дальше »
2020-6-3 01:00
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Bitcoin Gets Rejected Once More by $10,500 Resistance
On June 1, the Bitcoin (BTC) price broke out from a pattern that had been in place for nearly one month and proceeded to reach a high of $10,380. While this is a very bullish development, the price has yet to move above a crucial resistance area that will likely determine the direction of the […] The post Bitcoin Gets Rejected Once More by $10,500 Resistance appeared first on BeInCrypto. дальше »
2020-6-3 19:58
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EOS and Bitcoin Cash Show Strength as BTC Pumps
On June 1, the Bitcoin price broke out from its previous trading pattern and reached a high of $10,380. While this initially caused an increase in the Bitcoin dominance rate, altcoins rallied shortly thereafter, and several have created bullish patterns. дальше »
2020-6-3 17:04
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What Does Bitcoin’s Monthly Close Tell Us About Future Prices?
The Bitcoin (BTC) price reached a close of $9448 for the month of May, which was the highest close since August 2019. However, the price is still facing considerable diagonal resistance and horizontal resistances in the weekly time-frame. дальше »
2020-6-2 04:27
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Litecoin Shows Signs of Life After a Long Decrease
Both LTC/USD and LTC/BTC have broken out from descending resistance lines and are targeting the closest resistance levels. The breakout from the current descending resistance line was noted by cryptocurrency trader @Mesawine1, who tweeted an image showing the breakout and predicting that the price could increase all the way to the next resistance area at […] The post Litecoin Shows Signs of Life After a Long Decrease appeared first on BeInCrypto. дальше »
2020-6-2 20:51
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NEO Looks Poised to Add On to Recent Break Out
NEO has increased by nearly 10% since May 30, breaking out from its trading pattern. After a possible retracement, the price is expected to continue its upward movement. NEO Daily Outlook Since the middle of March, the main support area for NEO was found at 116,000 satoshis. дальше »
2020-6-1 16:10
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Will Bitcoin Finally Be Successful in Moving Above $10,000?
During the week of May 25-31, the Bitcoin price increased considerably, increasing from the mid $8,000s to a high of $9,742 and closed at $9,440. However, the price has yet to break out from its current pattern. дальше »
2020-6-1 12:30
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Matic’s Increase and the Bitcoin Dominance Rate
Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »
2020-5-30 23:20
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5 Altcoins That Have Reclaimed Long-Term Support Levels
With the decreasing Bitcoin dominance rate, numerous altcoin/Bitcoin pairs have begun to increase at a rapid rate. In this article, we will take a look at five of them and gauge their potential for future increases. дальше »
2020-5-30 19:20
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What’s Next for Cardano (ADA) After Recent Rally?
On May 28, the Cardano (ADA) price broke out from an important resistance area and had at one point increased by 25% in the day. However, the price has begun to show short-term signs of weakness. дальше »
2020-5-30 15:10
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Bitcoin Breaks Out and Approaches $10,000 Yet Again
The Bitcoin price has been increasing since May 25. The rate of increase accelerated on May 27, and the price has been trading inside a steep ascending channel since. On May 28, the Bitcoin price broke out from the $9,250 resistance area, doing so with significant volume. дальше »
2020-5-29 11:20
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Ethereum Breaks Out, Bitcoin Could Follow Its Lead
After breaking out from the $9,200 resistance area, the BTC price is moving towards its descending resistance line at $9,700. While the price movement is not identical, Ethereum has just broken out from a similar descending resistance line. дальше »
2020-5-29 03:59
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15
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Is Ethereum Bullish or Bearish?
Ethereum is reaching the end of a symmetrical triangle, the breakout/down from which will likely determine the direction of the future trend. A symmetrical triangle was outlined by cryptocurrency news account @Cryptobuzznews, which tweeted an Ethereum chart that shows the price trading inside a symmetrical triangle, nearing its projected end. дальше »
2020-5-28 00:48
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These Two Altcoins Have Broken Out from Long-Term Resistance Lines
The COS price has broken out from a long-term descending resistance line after generating bullish divergence in the RSI. After generating bullish divergence, BCH is trading right at its long-term resistance line but has yet to break out. дальше »
2020-5-27 16:08
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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22
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Outlining Bitcoin’s Possible Wave Count
The Bitcoin price has been decreasing since it reached a high on May 8. It has reached an important support level, a breakdown from which would indicate that the upward move beginning on March 13 has ended. дальше »
2020-5-27 21:20
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Bitcoin Still Struggling to Move Above $9,000
After the rapid downward move on May 24, BTC has been showing signs of life with a slight upward retracement. However, it has yet to move above the first important resistance area, found at $8,950. дальше »
2020-5-27 13:38
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Bitcoin’s Price Movement Explained by the Wyckoff Distribution
The Bitcoin price has been gradually decreasing since May 14 and has reached an important support level at $8,400. A breakdown below it would confirm the bearish trend and make the movement until now a part of a bearish Wyckoff distribution. дальше »
2020-5-26 02:15
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Ethereum Increases as the Bitcoin Dominance Rate Falls
The Bitcoin dominance rate (BTCD) has been decreasing rapidly since May 14. This downward move has caused it to fall below an important resistance line, above which it was previously believed that it had broken out from. дальше »
2020-5-26 18:20
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Where Will Bitcoin Find Support?
During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »
2020-5-25 14:05
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Bitcoin Gets Rejected at Resistance, Signaling End of Retracement
The Bitcoin price has been retracing since reaching a low of $8,815 on May 21. However, the price has failed to break out above the 0. 5 Fib level of the previous decrease and has been decreasing since the morning of May 24. дальше »
2020-5-25 00:25
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OMG Increases Substantially After Coinbase Listing
The OmiseGO price has been increasing since May 8, having done so by 205%. The rate of increase greatly accelerated on May 15, and the movement has become parabolic since. It is possible that the reason for this accelerated increase was the listing on Coinbase, as evidenced by @Lawmaster, who stated that the coin has […] The post OMG Increases Substantially After Coinbase Listing appeared first on BeInCrypto. дальше »
2020-5-23 21:20
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Ethereum Faces Crucial Decision for Its Bullish Trend
Yesterday’s decrease has caused Ethereum to drop all the way to an ascending support line that has been in place since the March 13 bottom. Whether the price breaks down below it or initiates a bounce from the current price level will determine if the upward trend for ETH will continue. дальше »
2020-5-23 17:55
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Bitcoin Reclaims $9,000 After Strong Rejection
On May 21, the Bitcoin price decreased considerably and created a bearish engulfing candlestick in the process. However, the price has bounced at a likely reversal level and has possibly begun a retracement. дальше »
2020-5-22 13:03
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Where Will Bitcoin’s Decrease Come to an End?
On May 21, the Bitcoin price initiated a rapid downward move that caused it to decrease all the way to $8,949. However, the price is sitting at a confluence of horizontal support levels that are likely to initiate a bounce. дальше »
2020-5-22 01:15
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Analyzing the Effect of a Golden Cross on the Bitcoin Price
A bullish cross between the 50- and 200-day moving averages has just transpired, otherwise known as a golden cross. While this is considered a bullish sign, previous price history indicates that the trend succeeding this cross can go in both directions. дальше »
2020-5-22 21:17
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Enjin Coin’s Upward Move May Be Just Beginning
The ENJ price has been increasing rapidly over the past two days, already posting 15% gains. Recently, the price broke out from a short-term descending resistance line and has been gradually increasing since. дальше »
2020-5-22 17:10
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Analyzing Bitcoin’s Future Movement After Creating a Double-Top
On May 20, the Bitcoin price broke down from an ascending triangle it had been trading in over the past week. The ensuing upward movement failed at the first resistance level, suggesting that the price is not yet done correcting. дальше »
2020-5-22 13:05
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Bitcoin Dumps, Finds Support Above $9,300
The Bitcoin price has broken down from an ascending triangle. While it has bounced at the minor support area at $9,350, the most likely scenario is another downward leg towards $9,000. Ascending Triangle The Bitcoin price had been trading inside an ascending channel since May 14. дальше »
2020-5-21 04:15
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ADA Breaks Out, Targets up to 690 Satoshis
Cardano (ADA) has broken out from a short-term descending resistance line. However, it is still trading inside a longer-term symmetrical triangle. A breakout from the latter could send the price to 690 satoshis. дальше »
2020-5-21 20:20
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Will Bitcoin Finally Break Out Above $10,000?
The Bitcoin price is trading inside an ascending channel, but technical indicators are showing weakness. A breakout is more likely, but both options remain possible. The Bitcoin price is currently trading inside an ascending triangle and has been doing so since reaching a high on May 14. дальше »
2020-5-20 11:25
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When Will Bitcoin Reach a New All-Time High Price?
After the 2013 high which at the time was the all-time high (ATH), it took Bitcoin 1,134 days to reach a new one. If the same happens this time around, BTC will reach a new ATH in January 2021. Cryptocurrency trader @Inmortalcrypto posted a Bitcoin chart in which he compares the previous correction to the […] The post When Will Bitcoin Reach a New All-Time High Price? appeared first on BeInCrypto. дальше »
2020-5-19 20:20
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Bitcoin Tests Triple-Top Looking for a Breakout
The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »
2020-5-19 12:20
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