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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


Litecoin (LTC) Daily Price Forecast – February 19

The current upward price movement was repelled because the crypto faces resistance at the $48 price level. The price of Litecoin has reached the high of $50 price level but was resisted. LTC/USD Medium-term Trend: Bullish Resistance Levels: $66, $68, $70 Support Levels: $40, $38, $36 Yesterday, February 18, the price of Litecoin was in […] дальше »

2019-2-19 12:05


Bitcoin (BTC) Daily Price Forecast – February 19

The BTC price has risen and closed to the $4,000 price level. Technically, the upward price movement may have been interrupted as the price is range bound. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,700, $3,600, $3, 500 Yesterday, February 18, the BTC price was in a bullish trend. The BTC […] дальше »

2019-2-19 09:07


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Tron (TRX) Daily Price Forecast – December 6

  TRX/USD Medium-term Trend: Bullish Supply zones: $0.02500, $0.02600, $0.02700 Demand zones: $0.01000, $0.00900, $0.00800 TRX returns to a bullish trend in its medium-term outlook. The cryptocurrency is in a nice bullish pennant with an expected breakout from the upper trendline after the upward movement that saw TRXUSD at $0.1484 in the supply area. The […] дальше »

2018-12-6 12:54


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


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Bitcoin’s Market Cap Falls Below $100B, Mirrors Crypto Market’s $27.5B Decline In Just 11 Hours

After weeks of relative calm, the predicted massive Bitcoin price movement finally happened. Unfortunately, it did not move in the upward trend that everyone was hoping for. Instead, the price of the world’s largest crypto suffered a massive decline, with its price decreasing by almost $800 in just 11 hours. дальше »

2018-11-15 21:44


Kik’s KIN Cryptocurrency Token Sides With Stellar (XLM) Blockchain Over Ethereum (ETH) For Launch

Kik, the instant messenger app has finally decided to quit on Ethereum permanently as it works to develop its own cryptocurrency called Kin. While the token had initially launched early on during the upward trend of the ICO boom, Kik has since announced that it will be moving away from its atomic swap with Ethereum. […] дальше »

2018-11-15 09:27