- Ethereum is currently in a downside correction move. Price recently has been trading within a descending structure. - The price is in a consolidation area and are currently trading at 790, which directly coincides with a horizontal support zone. - If price can find support here at this level and find some upside as I would expect to hit the highlight of the...
As you can see, the Bitcoin price is in a consolidation area, and as expected the price will not continue highere so easy. It's having a hard time to break through the resistance. I think the price will stay there for some time, before it will break up. If the daily candle can close above the key resistance, that would be a very good sign that the price will...
It sure is fun trading when the Bulls come back in the market, but as it looks right now the bears are too strong for the dog. The price just broke the support line, it will more likely continue fall till the area with bull's wich is the "key support" line. In case of breaking through the support area, that would be a really bad sign for the dog. Dogecoin is a...
Still waiting for the confirmed breakout. The price are now on the downtrend resistance, if it break through, i could see a good buying opportunity but to confirm the bullish uptrend, then wait till the price close above the key resistance. if we fail this downtrend resistance, it could send us back down, I don't see that happening. But anyway the market is...
OmiseGo (OMG) has climbed above $20 again as Asian trading picked up after the slow period around the New year. The price just broke through the minnow resistance. It will more likely test the minnow zone again before aiming to the key resistance and try to break through. On this road we will see some retracements OMG is one of my favourite coin and i really...
The price has retest the key resistance without breaking through. Notice that support and resistance getting weaker the more times it get tested, so next time the price again will test the key resistance line, it will be more likely that it will break through. At the moment we are still pretty the same with our previous analysis, and buyers can still play...
The Cardano Prize dropped further against US dollars and bitcoins. ADA / USD is currently well below $ 0.3500 and in a bearish zone but have increased the last 8 hours from $0.3 to $0.33. The ADA prize is struggling to recover, and it recently fell below $ 0.332 against US dollar. There is a large drop channel that resists $ 0.3205 on the ADA / USD pair...
Retest back into a strong demand / support area, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most...
Strong demand / support area ahead, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check...
Retest back into a strong demand / support area, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most...
Steeem Dollars has been corrected down since it reached $16.57 high. Price went down as low as $2.2 where it found the support, confirmed the 86,5% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. After rejecting the support price went up and broke above the downtrend trendline , went back and rejected it. At the...
As we can see from the diagram, prices rise higher and with stochastic signals expand, it is likely that prices will continue to rally-as it does at the moment, which means that each move back in lower time frames is another ready purchase opportunity . Let's not forget that we act from a top-down approach. If this week's end is bullish then there will be a sweet...
STEEM looks to be breaking out of a downward descending trendline. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless. While many investors rate cryptocurrencies by market cap, blocktivity.info takes into account all of the actual activity on the blockchain. This provides a clearer picture of which...
Today we are watching BCH with 1 day sticks. In the beginning of this year we saw BCH playing at about $2500 and just a month later we are taking notes on $1250. The correction has been going on for more than 40 days so we are all hoping that's it's over. The Bitcoin Cash Prize currently consolidates over $ 1,270 against the US Dollar. BCH / USD must break a few...
The last four days have been happy days for Zcash investors. Privacy is what people are wanting in almost every aspect of their lives and some of the biggest companies have seen this as a business opportunity. During the December rally, Zcash hasn't been the top choice for investors, although it showed a healthy 500% gain, reaching USD 813. On a corrective move...
Strong supply / resistance area ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly —...
The Ethereum Prize is in a bearish zone against US dollars, but it is stable against Bitcoin. ETH / USD is currently rising higher, but facing a crucial obstacle near $ 1,020. There was a big disadvantage moving from well over $ 1,100 in ETH price against US Dollar. The price fell sharply and moved below $ 1,100 and $ 1,020 support levels. During the downside...
For weeks we've heard various targets for the "bottom" of this correction, some magical place where the pullback from the peak would finally reverse and the bulls would get their mojo back. I aimed for 7.5K on my previous charts, and as the correction goes on, that target has come into sharper focus. After hitting the fabled "8K" that everyone's been chanting...