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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


Bitcoin [BTC] vs BitTorrent [BTT] Price: Newly Listed Token Outperforms the Original Cryptocurrency

Recently listed BitTorrent Token, BTT is outperforming top cryptocurrencies today with data from CoinMarketCap showing the token appreciating 5. 21% over the past 24 hours. The token which listed on Binance on the 31st of January quickly spiked upon listing showing ICO investors a significant return. дальше »

2019-2-21 18:14


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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


Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern

Support for XRP moving forward: $0.3028, $0.30, $0.2924, $0.2858. Resistance for XRP moving forward: $0.3150, $0.3185, $0.3284, $0.3325, $0.3385,… The post Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern appeared first on Invest In Blockchain. дальше »

2019-2-11 16:55


Ethereum Price Analysis: ETH/USD Forming Acute Symmetrical Triangle During Consolidation — Can the Bulls Push Price Action Higher?

Support for ETH moving forward: $115, $110.46, $102.55, $101.27, $95, $93. Resistance for ETH moving forward: $124.91, $134.67, $146.74,… The post Ethereum Price Analysis: ETH/USD Forming Acute Symmetrical Triangle During Consolidation — Can the Bulls Push Price Action Higher? appeared first on Invest In Blockchain. дальше »

2019-1-25 11:42


Dogecoin [DOGE] Price Slowly Declines Within Trading Range

Dogecoin traded in a descending triangle last week. A Descending triangle is a bearish continuation pattern that increases the likelihood that the next significant move will be to the downside. As bearish movements broke out across the market yesterday, Doge also broke below its descending triangle and entered an important range between $0. дальше »

2019-1-18 19:09


Dogecoin [DOGE] Price Analysis – Doge Enters Range After Descending Triangle Pattern

After a bearish end to last weeks trading, the market has begun spiking over the past hour. Many major cryptocurrencies are rising to key levels and finding resistance. Doge declined from a descending triangle pattern yesterday to reenter what has been an important range for the meme-based cryptocurrency. дальше »

2019-1-14 19:29


Ripple’s XRP Retakes Second Position From ETH in Crypto Rankings Despite Descending Triangle Breakdown

Ripple’s XRP has retaken the position of second largest cryptocurrency by market cap after overtaking Ethereum’s cryptocurrency ether for a second time within the last two months. XRP overtook Ethereum for the first time around mid-November amid bearish drops across the market where XRP held its value better than Ethereum. дальше »

2019-1-10 18:19