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Litecoin Price Prediction: LTC Is Creating a Head and Shoulders Pattern, Will the Neckline Provide Support?

Long-Term Outlook A look at the Weekly chart for LTC/USD shows that price made a temporary bottom at $28, inside the support area formed by the highs of 2014. It is currently trading at $48, slightly above the 21-period moving average but below the 50-period MA and the Ichimoku cloud. дальше »

2019-3-4 11:59


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


Analyst Claims Ethereum (ETH) is Likely to See Increased Volatility as Constantinople Hard Fork Approaches

Ethereum, like most major cryptocurrencies, has seen increased levels of volatility over the past week, but has failed to make any lasting upwards moves that resulted in sustained higher highs. Analysts now expect ETH to increased levels of volatility as its Constantinople hard fork approaches later this week. дальше »

2019-2-27 01:00


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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


Crypto Market May Be Sailing In A Sea Of Red Today, But BTC Trading Volumes Are Reaching Record Highs

Coinmarketcap’s trading volume has reached a 300-day high concerning crypto volume trading, totaling $33.85 billion. The increase in treading volume seems to be due to a surge by the top 10 digital currencies, which make up over 90% of total trading volume in the crypto industry. As for the underlying cause of the surge, some […] дальше »

2019-2-24 18:50


Ethereum (ETH) Long Positions Skyrocket as Constantinople Nears, But Analysts Expect Post-Fork Plummet

Over the past month Ethereum (ETH) has seen some overwhelmingly positive price action, surging from lows of $104 to highs of over $150. Part of this price surge may be due to its upcoming Constantinople hard fork, which will offer the crypto multiple enhancements and will reduce its future inflation rates, which will likely be. дальше »

2019-2-23 03:00


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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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Blockchain Capital Partner: Now is a Very Good Time to Buy Bitcoin (BTC) Despite Bear Market

Over the past couple of weeks Bitcoin (BTC) has seen relatively positive trading action, surging from monthly lows of under $3,400 to highs of $4,000, from which it has only dropped slightly. Importantly, $4,000 has proven to be a strong level of resistance for Bitcoin, and analysts have mixed opinions on where the cryptocurrency is. дальше »

2019-2-22 03:00


Bitcoin (BTC) Daily Price Forecast – February 21

The price of Bitcoin reached above the $4,000 mark and fluctuates above it. The crypto’s price is expected to reach the highs of $4,500 and $5,000 but may face resistance at the $4,200 price level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, February 20, the BTC […] дальше »

2019-2-21 08:28


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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