Ticker: BTCUSD Exchange: BITFINEX Bitcoin is the engine of this market The coin began an upward movement from the bottom of the consolidation, With a high probability, the upward movement may end near the upper boundary of the consolidation. Before the price is fixed above the current range, it is impossible to talk about a serious uptrend Active reaction from...
Ontology took a hard hit lately, which comes as no surprise considering the overall market conditions. But while its price action is on a steady decline, we can see a downwards trend with two clear confirmation points forming. I was wondering if we might see a third confirmation point within the next up-cycle. The price sits at 0.0005 as of writing, and in case...
Ethereum is under heavy selling pressure on Friday, after earlier falling to a fresh monthly trading-low just above the key $400 support level. The sentiment surrounding the cryptocurrency market market remains fragile, following the latest hacking scandal involving cryptocurrency exchange Bancor. Sellers are increasingly likely to test the $395 support level,...
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Ticker: ETHUSD Exchange: BITFINEX The market continues downward movement Now we are at support, but there is no customer activity Bitcoin, who is the leader of this market, also does not show strength In order for the price to unfold from this range, the price should start an upward movement, with a simultaneous output of volume But at the moment this is...
Weekly Looking at our trend timeframe we see price currently testing our last major support level before 20 satoshis. Stochastic RSI showing momentum may have bottomed out, although no confirmations just yet. Weekly close above 45 satoshis would activate our trade.
Litecoin, the sixth largest cryptocurrency by market capitalisation has come under fresh selling pressure and fallen towards the $76 level. Bearish pressure is likely to build on the LTCUSD pair while price trades below the $78.90 level, with the popular alternative-coin now shedding over thirteen percent of its value since hitting $88 last week. Sellers will...
Ticker: ETHUSD Exchange: BITFINEX Consolidation has begun, it's good, because this is an indication that this price is interesting for the big players and they consider it fair. The question is, who accumulates the position? Buyers or sellers. And we can understand this only after the impulse movement begins. It is important for us to see what levels will break...
Bitcoin continues to trade towards the $6,650 resistance level in early Monday trading, after finding strong technical support just the $6,400 level on Friday. BTCUSD bulls now need to break above the $6,700 level to validate the bullish inverted head and shoulders price pattern across various time frames. BTCUSD sellers will attempt to break the key $6,400 level...
Litecoin is starting to consolidate around the $83.50 level in early Thursday trading, after multiple technical rejections from the key $85 resistance area. The intraday sentiment towards the LTCUSD pair is starting to turn bearish, after price created a bearish double-top pattern. Sellers will now try to break the $81 support level, while buyers will look to...
Ticker: ETHUSD Exchange: BITFINEX And so, we see the formation of consolidation From the point of view of the medium-term upward trend, the formation of consolidation - it is good This means that in these ranges there is interest, and depending on whether buyers or sellers win in this range, we will see a continuation of the downtrend, or the beginning of an...
I'm waiting good moves from Storm. on Short Term Target 1: 335 Target 2: 400 Thats not an investment advice, do your own research before invest. Good Luck, -YD
The MACD indicator on Binance Coin - Etherium pair is approaching a focused macd trend wedge, which may indicate that there will be movement as the wedge constricts. Additionally there is an indication of a rising wedge in the candle formations, lending some credence that the movement will be lower still. This could be the result of a divergence in price with...
RSI is Overbought ... Horizontal Lines are Resistances ...