


Bitcoin_Analyzer
Past Performance of Bitcoin Bitcoin continues to trade under a tight trade range and above clear support and resistance levels, as evident in the daily chart. Even though there is a tinge of optimism with traders expecting the coin's fortunes to turn around, the reaction at FWB:25K and $27.3k could shape the near-term formation of the coin. The coin's...
Past Performance The Euro is higher when writing, looking at the performance in the chart. With dropping inflation in the US, bulls got the impetus to double down, driving the Euro above $1.0770. The recovery is a welcomed development for the Euro following weeks of lower lows. Since the June 13 bar had high volumes, bulls may build on from there, ramping up on...
Past Performance of Bitcoin On the back of shrinking liquidity and low participation, BTC prices are steady when writing but within a bearish formation. Though prices are above FWB:25K , the critical support line of the current bull flag, the failure of prices to pump higher above $26.5k and $27.3k is a concern. Based on this formation, traders should wait on...
Past Performance The uptrend remains, and the Euro could edge higher in the days ahead despite the long upper wick suggesting liquidation in the closing session of June 12. However, the bullish outlook remains provided Euro is above $1.0700 or June 8 low. #EURUSD Technical Analysis Technically, the path of least resistance is southwards from a top-down...
Past Performance There are attempts at higher highs in the daily chart. After losses throughout May, the downtrend could be over for the euro. Even so, the failure of bulls to push higher on June 9 questions the strength of the uptrend. The immediate support lies at $1.0750; if euro edges higher today, there may be more upsides in the days ahead. #EURUSD...
Past Performance of Bitcoin Bitcoin losses have been contained despite the contraction in the second half of last week. Prices are around the $25.8k, and the uptrend remains, at least from a top-down preview. Overall, traders should watch how prices react at immediate support lines and the resistance trend line of the emerging bull flag. Notice that the uptrend...
Past Performance The recent accumulation of the Euro prices ended supporting buyers, looking at the performance in the daily chart. The Euro is trading above immediate resistance, support, and the middle BB—a net positive. From the candlestick arrangement, every dip above $1.0770 may offer an entry for optimistic traders as buyers likely extend their gains. ...
Past Performance of Bitcoin Bitcoin remains stagnant at spot rates, technically bullish, but traders need confirmation above $28.3k before ramping up. The critical resistance level is $ 28.3k to $28.5k zone. On the lower end, the zone between $25.8k and $26.5k offers support. For the uptrend to resume, there must be a high-volume, wide-ranging confirmation of the...
Past Performance of Bitcoin Bitcoin prices are lower, retracing from June 7 highs, and are below $27k. At this level, bulls still have a chance as prices trend above $25.8k and volatility remains. However, for trend confirmation, there must be a close above $28.3k, the immediate resistance, and the buy trigger line. The only formation that will cancel this...
Past Performance Euro prices remain in consolidation within a tight range. From the daily chart, the least path of resistance is southwards, especially as long as prices are below $1.0770. Presently, USD bulls' momentum seems to be fading while Euro is finding strength above $1.0600. The results are balanced candlesticks with long upper and lower wicks,...
Past Performance Euro prices are lower as USD bulls found support. Technically, the downtrend remains. In the short term, the bulls of June 1 could shape the trend. For the uptrend to take shape, there must be a sharp, high-volume expansion above $1.0770 or June 1. Conversely, sellers would double down if EUR prices slip below $1.0660 and $1.0600 in the short...
Past Performance of Bitcoin Bitcoin's recovery has been spectacular. Prices are higher and have reversed the losses of June 5. The coin is trading above the $26.3k to $26.5k zone, bouncing from the primary support level of around $25.8k. On June 5, following fundamental events, BTC dropped to as low as $25.9k. However, with prices back to the trading range,...
Past Performance of Bitcoin Bitcoin crashed on June 5 following news that the SEC is suing Binance, the world's largest crypto exchange. The dump was evidenced across the board, with BTC dragging the altcoins. The coin is below the $25.8k and FWB:31K trade range at spot rates in a bear breakout formation. The uptick in trading volumes gives credence to bears of...
Past Performance The Euro remains volatile when writing, shaking off bears, and rejecting attempts for lower lows. With the June 5 bar closing with a long lower wick, it could suggest that the Euro found support in the late European and NY trading sessions. The immediate support and sell trigger lines remain at $1.0660 and $1.0600. #EURUSD Technical Analysis...
Past Performance for Bitcoin Bitcoin prices are lower when writing though trading higher from last week's highs and above the $25.8k support level. Overall, buyers remain bullish. Even so, there must be conclusive rallies above the $28.3k buy trigger level if the May 28 gains will anchor the upcoming trend. On the broader view, the level between FWB:31K and...
Past Performance Euro prices edged lower on June 2, reversing most gains posted the previous day. However, while USD bulls appeared to have the upper hand, trading volumes were lower, solidifying the bullish outlook. Therefore, while bears are optimistic, June 2 losses could be reversed should Euro bulls step in today. #EURUSD Technical Analysis The path of...
Past Performance of Bitcoin Bitcoin prices are higher when writing, soaking selling pressure from yesterday. It remains to be seen whether prices will float higher. Sellers have the upper hand if prices stay below the $28.3k reaction level. Based on this formation, traders should wait for a clear trend definition, aware that gains above $28.3k and ideally $30k on...
Past Performance There is a welcomed revival in the Euro following a worrying 3.6% dip from April highs. The long lower wick of May 31 was followed by a bullish engulfing bar on June 1, reinvigorating buyers. With prices above $1.0760, there is room for further gains in the immediate term towards $1.0850. EURUSD Technical Analysis Buyers are confident of the...