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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Binance Coin (BNB) Daily Price Forecast – January 2

BNB/USD Medium-term Trend: Ranging Distribution territories: $7, $7.50, $8 Accumulation territories: $5.50, $5, $4.50 Last year December 31, BNB/USD managed to test $6.50 upper range, but since January 1, the crypto has been witnessing a series of lower lows a bit above the $6 lower range. The current range zones have been in play since […] дальше »

2019-1-2 14:35


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


Binance Coin (BNB) Daily Price Forecast – December 5

BNB/USD Medium-term Trend: Bullish Distribution territories: $7.50, $8, $8.50 Accumulation territories: $4.50, $4, $3.50 Binance Coin has been strongly making a rebound movement against the US dollar market valuation since yesterday while both the middle and the 50-day SMA were breached northwards to touch the upper Bollinger Band. Both the two last week’s closer dimensional […] дальше »

2018-12-5 14:51


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Democrats Victories in California, Colorado Gubernatorial Elections Good for Bitcoin

At a time when the bears have the upper hand in the cryptocurrency markets, the recent victories for blockchain and crypto loving political candidates in the recently concluded 2018 midterm elections within California and Colorado could be the much-needed catalyst for another bullish rally soon, reported ETF Trends, on November 7, 2018. дальше »

2018-11-9 06:00


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31