


Bitcoin_Analyzer
Past Performance of Bitcoin Bitcoin is higher today, shaking off the weakness of the past few days, but is capped below immediate resistance lines at $28.3k and $30k. Even though the downtrend remains and prices are within a range defined by sellers early this month, selling momentum is waning. For now, how prices react at $28.3k and $25.8k on the lower end will...
Past Performance The Euro remains under intense selling pressure and is in a bear formation. USD bulls seem to be getting started, looking at the rapidity of the recent sell-off. From the daily chart, the immediate resistance level is at $1.0940 as sellers press on, targeting $1.0730 and $1.0500. #EURUSD Technical Analysis The sell-off continues, and USD bulls...
Past Performance of Bitcoin Bitcoin prices remain flaccid, moving within a tight range, in a general bearish formation. After temporarily floating above FWB:27K , prices dropped below the critical resistance level. As it is, bears remain in control. BTC is in a breakout formation with liquidation levels at FWB:27K and $28.3k. As it is, sellers can look for...
Past Performance The Euro remains under pressure and trickling lower. Sellers are unrelenting, looking at the performance in the daily chart. As it is, every attempt higher below $1.0940, marking May 12 highs, may offer entries for determined traders angling for even more drawdown toward $1.0730 in the coming sessions. #EURUSD Technical Analysis EURUSD is...
Past Performance Prices were in range by May 15 close. Even though Euro gained, prices are inside the May 12 bar, and sellers are in control. In the short term, the May 12 wide-ranging bear candlestick defines the immediate term. As such, key levels to watch would be 1.0940 and 1.0840. #EURUSD Technical Analysis In a bear breakout formation, Euro bulls have...
Past Performance of Bitcoin The rejection of lower prices on May 12 was the foundation that anchored yesterday's gains. BTC prices are above FWB:27K when writing and look solid, reading from the candlestick arrangement in the daily chart. Overall, BTC may recover. Whether buyers will flow back depends on if prices break above $28.3k in the session ahead. ...
Past Performance of Bitcoin The last three days have been turbulent for BTC prices. Bitcoin prices crashed to as low as $25,800 before bouncing and stabilizing. Despite the recovery, price action favors sellers since the coin is trading at below critical resistance. Overall, this outlook will remain bearish and can influence price action in the session ahead. ...
Past Performance The Euro is disintegrating following the events of last week. With the path defined, sellers can continue looking for entries to unload as they press on, targeting $1.0730. The middle BB caps the upside as a floating resistance level, while $1.100 is a fixed reaction line that must be broken for buyers to push higher. #EURUSD Technical Analysis...
Past Performance Euro is under pressure and within a bearish formation, slipping below $1.0965. The downtrend is quickly taking shape, reading from the EURUSD candlestick arrangement in the daily stage. As long as prices are below the middle BB, traders can look to short, aiming at $1.0860 or lower in the short term. #EURUSD Technical Analysis Euro bulls are...
Past Performance of Bitcoin On May 11, Bitcoin prices fell lower, dropping below the FWB:27K level. BTC is below the primary trade range, distributing and under pressure at spot rates. Bears have the upper hand, and sellers can look for entries, riding the emerging trend with targets at crucial support levels in the short term. #Bitcoin Technical Analysis...
Past Performance Euro bulls are losing momentum, allowing USD bulls to double down. As it is, EURUSD is within a bearish formation with primary resistance at $1.1100. With prices below the middle BB and 1.0965 broken, sellers can look for entries with targets at 1.0860 and 1.0730 being immediate and medium-term targets. #EURUSD Technical Analysis After sharp...
Past Performance of Bitcoin On May 10, Bitcoin prices crashed to as low as $26,900. However, prices recovered with a Doji bar forming. Still, the coin is lower when writing, within a bearish formation, with a high probability of even more losses in the sessions ahead. For now, traders should watch out for how prices react at the immediate support of $27k. ...
Past Performance of Bitcoin Bitcoin prices are drab, trading inside a narrow range in a predominantly bearish formation. Although the bears of May 8 weren't confirmed, the failure of bulls to push higher points to weakness. As it is, the immediate support line remains at $27k. Conversely, how prices react at $28.3k and $30k may shape the short-term trend. ...
Past Performance The Euro uptrend could be over, reading from the price action in the daily chart. For the first time in roughly seven weeks, USD bulls pushed prices below the middle BB or the 20-day moving average. This follows the high volume rejection of higher prices on May 4 from around the 1.1100 primary resistance. #EURUSD Technical Analysis The...
Past Performance Euro prices remain in a range, evident in the daily chart. Even though the uptrend remains, the failure of buyers to break above 1.1100 points to weakness. As it is, USD bulls appear to be building up momentum. Still, the uptrend remains provided prices range above 1.0965, the local support level. #EURUSD Technical Analysis The consolidation...
Past Performance of Bitcoin Bitcoin is down 4% on the last trading day, dropping below $28k, and inching closer to FWB:27K , an important support level. This reaction points marks April 2023 lows. If lost, BTC may break out, slipping towards FWB:25K in continuation of losses posted from April 19. #Bitcoin Technical Analysis In the daily chart, BTC is down...
Past Performance The uptrend remains, but USD bulls are rejecting attempts higher. From the daily chart, primary resistance lies at 1.1100, marking May 4 highs. The failure of prices to move higher last week supports bears. There must be a sharp dump below 1.0965 and the middle BB, or the 20-day moving average, for sellers to fully take control. #EURUSD...
Past Performance of Bitcoin Over the weekend, Bitcoin prices moved lower. The sharp drop on May 6 wasn't confirmed on May 7. As such, the coin remains within a $4k trade range with resistance and support at FWB:31K and FWB:27K , respectively. Still, the uptrend holds, and prices are now inside a wedge after sharp gains from mid-March 2023. #Bitcoin Technical...