BitcoinSymphony

BitcoinSymphony

LTCUSD pair showed a strong rebound pattern (Double Bottom) in the Support Zone (Support Zone consists of 100.0 Psychological support, 200-days EMA, 61,8% Fibonacci level) and started the growth accompanied with rising volumes, which is a positive sign for the bulls. Now the pair has already overcome the 200.0 resistance, drew a correction pattern and broke above...

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XMRUSD bias looks bullish . The pair pushed upwards from the 200-days EMA and 61,8% Fibonacci level of the global trend. Recently XMRUSD crossed the 250.0 psychological resistance, which lies near to the 50% Fibonacci level. One more argument in favor of the uptrend scenario is a clearly visible Head And Shoulders pattern with shoulders line at the 260.0 level. If...

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Head And Shoulders pattern emerges on the 4H chart; in such case, we will see a rebound from strong resistance zone 12000.0 - 13000.0, formation of the peak near to the 9000.0 level and final testing of the 12000.0 - 13000.0 shoulder line afterward.

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ETHUSD pair broke above the 900.0 level, which is a bullish sign. Despite all the bullish signs, the 900.0 level appears to play secondary role compared to the 1000.0. For further development of the bullish scenario, a confirmation is required in the form of a crossing of the 1000.0 level. The fact that the price did not reach the 1000.0 level after breaking the...

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XMRUSD pair is trading in a bullish bias right now. After drawing Reverse Head And Shoulders in the 50% - 61.8% Fibonacci retracement zone the pair went upwards and crossed the 300.0 resistance, which confirms a further uptrend scenario. For now, the pair returned to the 300.0 level but did not went below it, so the upward movement should continue as soon as the...

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ETHBTC went into a correction of the upward movement while Bitcoin tested and broke above the 10000.0 resistance. For now, BTCUSD pair went into the lateral pattern above the 10000.0 level. Hence the ETHBTC pair will have an opportunity to turn around and get back into an uptrend. Furthermore, the pair is in the lower part of the 0.08 - 0.1support zone, looking...

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As the attention of traders is focused on the Bitcoin, other coins suffer from falling volumes and corrections. Ripple had a strong uptrend leap recently, confirming the end of the global recession. For now, XMRBTC pair went into correction and almost reached 61.8% Fibonacci level. If we consider that when bitcoin will either cross the 10000.0 resistance or will...

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Stellar broke above the global correction angle line and held in a narrow zone below the resistance level 0.45. Overall the pattern looks bullish, and it seems that the coin is gaining confidence to test the 0.45 resistance. Nonetheless, falling volumes shows that traders are losing interest in the current price and maybe waiting for on more dip to buy lows....

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Rising volumes during a rebound to the 9500.0 level prove bullish intentions of the traders. 9000.0 - 9500.0 plays an important technical role, as this zone serves as a shoulder s line for the Head And Shoulders reversal figure, which we could identify on the chart. Hence, as long as BTCUSD pair will stay above the 9000.0 level the bias will stay bullish with a...

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The BTCUSD pair recently broke above the 9000.0 level and now testing the key resistance level 10000.0. Such behavior of Bitcoin gives traders idea that bitcoin could break above the 10000.0 level and start rapid grow and they do not want to miss it, so traders buy into the bitcoins with remaining alt-coins. ETHUSD pair went below the important psychological...

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BTCUSD pair has pushed upwards from the 200-days EMA and testing the 9000.0 level. If volumes will grow further and BTCUSD pair will be able to pierce the 9500.0 resistance, we could expect to test the 10000.0 key resistance level. If the breakthrough fails, we could expect a return at least to the 200-days EMA.

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The facts that STRUSD stay on top of the support zone and 61.8% Fibonacci level of the global trend talks in favor of the bullish scenario. The pair is drawing a bottoming pattern, and if we consider this coin as an investment opportunity, such low prices would be a good place to buy. Nonetheless, there are couple strong resistance levels from the upside, which...

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XRPBTC pair tested the 0.00012 resistance level recently. The breakthrough failed due to low volatility across markets and lack of positive feedback, and Ripple got back in the correctional channel 0.0001 - 0.00012. From the downside, we have minor support on the 0.0001125 and a strong level 0.0001, supported by the support zone and 61.8% Fibo. From the upside -...

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The bias of the ETHUSD pair looks bullish, as the price still holds above the support angle the rebound from the 200 days EMA pattern remain valid. Nonetheless, there is a strong resistance zone 900.0 - 1000.0 on the way up. This zone held a lot of fluctuations and volumes in the past. We do not expect that the breakthrough of this zone will happen easily....

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As was expected the XRPBTC pair gained volumes in the support zone and moved upwards, staying above the 200 days EMA, 61.8% Fibo and 0.0001 psychological level. Now the pair is testing the 0.0012 resistance (also 50% Fibonacci level), and regarding the high volumes and upward momentum seems to be breaking it. In case of breakthrough - next resistance would be...

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ETHBTC tested the resistance zone 0.12 recently and returned to the support zone 0.1. Such behavior proves that ETH is in the indecisive state for now, and probably will stay in the 0.1 - 0.12 corridor for some time. Nonetheless, as the price is near the lower bound of the corridor now, we have an opportunity to make profits from the lateral movements. Buy at the...

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Bitcoin gained some value in last days and stays in the lateral movement between 8000.0 support and 200-days EMA resistance. From the downside, we have global trend angle support line, which pushes the price higher. And from the upside, we have a collision of the 200-days EMA, the 9000.0 resistance level, and angle resistance line. All these entities squeezing...

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0.00004 level played a support role at 2018.02.02 and pushed the price upwards. Unfortunately Stellar did not manage to break above the strong resistance 0.00005, and it went down slowly. 0.00004 support level located slightly under the 61.8% Fibo of the January uptrend. And if we evaluate current bias as bullish and looking for the good place to buy in - the...