cryptohopper

cryptohopper

Key levels Short term Supports—> S1: 230 & S2: 215 Resistances—> R1: 280 & R2: 290 Medium/Long term Supports—> S3: 200 & S4: 180 Resistances—> R3: 300 & R4: 320 Potential scenario Ethereum has been ranging for the last 30 days. It has been moving between R1, $280, and S1, $230, showing volume spikes every time that the price tested these two...

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Key levels Short term Supports—> S1: 230 & S2: 215 Resistances—> R1: 280 & R2: 290 Medium/Long term Supports—> S3: 200 & S4: 180 Resistances—> R3: 300 & R4: 320 Potential scenario Ethereum has been ranging for the last 30 days. It has been moving between R1, $280, and S1, $230, showing volume spikes every time that the price tested these two...

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Litecoin has been one of the cryptocurrencies that have been growing more solidly and steadily since the beginning of 2019. Since December 15th when it bottomed out at $22, reaching its lowest point in more than two years, it has increased almost 500%. During the last and ongoing upward trend, the Litecoin price has behaved very good technically talking. It...

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Key levels Short term Supports—> S1: 7600 & S2: 7250 Resistances—> R1: 8000 & R2: 8350 Medium/Long term Supports—> S3: 7000 & S4: 6800 Resistances—> R3: 8900 & R4: 9000 Potential scenario Bitcoin made the expected retracement, after hitting one year maximums at $9,080. It decreased by 18,2%, until $7,435. Currently it has performed a double bottom...

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BNB has been one of the few coins that have climbed during the bear market while the rest were practically falling off of a cliff. On May 25th it reached its peak and the next pivot couldn’t break those levels, therefore beginning a bearish trend where the new maximums were lower than the previous one. As we can see in the chart, the Exponential Moving Average...

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Key levels Short term Supports—> S1: 0.41 & S2: 0.36 Resistances—> R1: 0.48 & R2: 0.5 Medium/Long term Supports—> S3: 0.34 & S4: 0.31 Resistances—> R3: 0.53 & R4: 0.555 Potential scenario XRP/USD performed its 7 months high on May 16th, making a resistance (R1) at $0.48. Since then, the price hasn’t been able to break this level. Yesterday, it...

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Bitcoin has been moving between 9,000 and 8,000 for the last 7 days and it is very likely to keep doing so for the next week. The Bitcoin price has created a 1,000 points range between these two levels. On May 30th, it made two big movements to 9,000 and 8,000, both heavily rejected with high volume and long wicks. Commonly, this is perceived as the beginning...

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Bitcoin back up again without any severe retracement . The price has gone up to almost $9,000, which is a very significant value since it is the 12 months high. Yesterday, BTC hovered between $8,830 and $8,750. It got very close to $9,000 but finally didn’t touch it, which indicates that the price might go up again to test this level that we have labeled at R2....

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Ethereum has been performing increases as the capitalisation of the crypto market was rising. It has been one of cryptocurrencies with the largest rise of the whole market. ETH/USDT has risen more than 75% in the las 15 days. It went from $150 to $280 in this period of time. ETH is currently hovering around the resistance R1 at 265. If the positive momentum...

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Newsletter 24/05 MARKET ANALYSIS Key levels Short term Supports—> S1: 7500 & S2: 7000 Resistances—> R1: 8000 & R2: 8300 Medium/Long term Supports—> S3: 6800 & S4: 6400 Resistances—> R3: 8400 & R4: 8600 Potential scenario BTC/USD is making a healthy consolidation. Now we should wonder, did the consolidation process end at $7,000 or can we...

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Bitcoin made a 10 months high on May 16th. It reached levels near $8,400 that were not seen since July 2018. After making this 2019 new high, the price retraced exactly to $7,000 to consolidate the latest pumps. Now, Bitcoin is going up again and aiming for R1. However, in this 30 minutes chart we can see how its price has made three decreasing maximums in a...

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The negative correlation between Bitcoin and most of the other cryptocurrencies in one chart. Bitcoin jumps higher, and what does it mean? Every time we have a bull run like in the last week, BTC will be very likely to increase its value at a higher pace than its crypto fellows. How can this insight help us to improve our trading? Well, it could mainly affect...

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Newsletter 17/05 Market Analysis Key levels Short term Supports—> S1: 235 & S2: 215 Resistances—> R1: 280 & R2: 300 Medium/Long term Supports—> S3: 203 & S4: 180 Resistances—> R3: 310 & R4: 330 Potential scenario ETH/USD has been constantly increasing since it bottomed in mid-December and yesterday reached $280, unseen levels since September...

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Today’s market combines the two strongest cryptocurrencies in the crypto sphere, Bitcoin and Ethereum. We have been seeing constant price increases in the crypto market during the 5 months, growing exponentially during the last 3 weeks. However, how is it possible to see the ETH/BTC chart has been continuously decreasing to almost historical lows? What does it...

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25% increase in the BTC price over the weekend. This is equal to 1,600 points reaching unseen levels since August 2018. Finally, a new pivot is higher than the previous one (November), breaking the medium term downtrend that we have been having for almost 18 months. This event represents a very typical reversal pattern, which suggests that the bearish season...

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Newsletter 10/05 Key levels Short term Supports—> S1: 0.000046 & S2: 0.0000415 Resistances—> R1: 0.0000545 & R2: 0.0000585 Medium/Long term Supports—> S3: 0.000037 & S4: 0.000041 Resistances—> R3: 0.000062 & R4: 0.000065 Potential scenario This XRP/BTC chart shows the negative correlation of BTC with XRP. BTC has been increasing in value since...

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BTC/USD has been trending up for almost 5 months already. But, are these reversal signs guiding BTC towards a more bullish market or just a retracement inside the long-term bearish trend? BTC has almost reached $6,000. A level that, if broken upwards, can mean the beginning of the end of the long bearish market. Which not necessarily indicates the start of a new...

cryptohopper

Key levels Short term Supports—> S1: 5600 & S2: 5000 Resistances—> R1: 6200 & R2: 6500 Medium/Long term Supports—> S3: 4700 & S4: 4100 Resistances—> R3: 6800 & R4: 7000 TA comment The automated indicator designed by Cryptohopper, RSI with region crossovers (description in documentation) has signalled a short/sell. The RSI went from outside to...