Brought to you by CryptoSignals.Trade Quick update on the Bitcoin market vs the US Dollar, after resistance broke yesterday, the bulls pushed the prices up to $6940, before the bears answered with some selling to do. Correction in the market here is quite possible as we are facing our next resistance zone, which is $7000 – $7200. Lets take a look at the BTCUSD...
Lets take a quick look at the Ethereum market versus the US Dollar. There has been some nice bullish volume between $350 and $420, and like Bitcoin, we are receiving contradicting signals on the market. I will keep it simple, a break below $350 will be followed by a bearish price action and a confirmation that the bear trend is not quite over yet. On the flip...
Good morning Guys and Gals, lets take a look at the Bitcoin market at the start of this week. One of the most dangerous occupations in the volatile crypto markets is “calling bottoms”. With that said, it is impossible to enter new positions if we don’t look for the change in the trend, and the eventual breakout. In my opinion the Bitcoin market has started a...
Quick weekend update on the Bitcoin market. Bitcoin failed to maintain its bullish momentum on the short term vs the US Dollar, however it seems that there might be some buying support on the longer term bullish trend line. Prices dipped below $6800 this morning (mentioned in my previous report), we saw some good price action at that level quickly pushing prices...
Quick update on the Bitcoin markets, after my previous mentioned support level at 8800 failed, the price action responded by falling back into the down trend channel. We can see the the price has now been rejected by the 0.5 fib, this is bearish and as I mentioned previously, this will mean further correction is necessary in the market before prices move...
I am having a look at Ethereum vs Bitcoin today, it is important in these kind of market conditions to stay on track with trends vs BTC. Even though we are still bearish on the longer term, as well as new short term bearish signals, I would just like to point out the possibility of a massive cup and handle. Like I always state, no formation has a 100% success...
I would like to pay my respects to one of the greatest minds of our time, RIP Dr Stephen Hawking. Taking a look at the Bitcoin chart this morning we can see that we are heading into my critical support zone again, lets take a look. I drew a fib in from the last major bullish market move we experienced, which was the rally from 6k up to the 11k zone. We can...
Looking towards the indicators there is a change in the momentum, in favour of the bulls, lets take a look at the 1hr chart. The 1hr chart is speaking of bullish wonders, we can see a nice little bull flag formed, momentum show us that the bulls are regaining control and we have just ticked into the positive zone. It is however IMPORTANT to remember that we are...
The Bitcoin Cash market has slowly been recovering alongside BTC, lets take a look at the chart to get an idea of where we stand vs the Dollar. We can see that the candles are making higher lows on the 4 hr candle chart. This is a good place for the higher risk trader to get in on the action, stacking buy orders down into the $1260 support zone for quick gains...
The NEO market has been nice and volatile against Bitcoin recently providing excellent trading opportunities for the shorter term traders. Lets take a look at the chart. The 1day candles give us a clear view of the recent carnage and a good idea of the immediate support levels. The experienced trader will notice the massive cup and handle is busy forming. I am...
Welcome friends! Lets jump into the Bitcoin US Dollar report before we head into the weekend. On the 4hr chart there are some worrying signs as we cross below most of the MA’s including the 200 ma. Bullish markets could jump off from these kinds of setups, however there is a clear divergence again giving us a strong probability that the bearish trend might...
Bitcoin is having quite a nice rally against the US Dollar since we hit the lows on the 5th and 6th, earlier this month. We are reaching another critical stage as we approach the longer term down trend line, which is also the top of the channel we currently find ourselves in. The resistance zone above 12k – 13k is the signal that I want to give me confirmation...
Taking a look at the Ethereum Classic vs the Bitcoin markets to get an idea of what we are up against. As we can see ETC is clearly in a bearish trend vs Bitcoin on the shorter time period and we are testing the 200 ma on the 1hr chart. There is some bullish pressure as we can see from the RSI, but there is also a good amount of sellers in the market as prices...
Bitcoin has had another great run from 6k, we paused a bit around the 8k zone before smashing through 9k and finding sellers in the 10k zones. It is not surprising that 10k has come into play as resistance, it was a major support a while back. In my opinion we are looking at minor correction in the market and possibly a opportunity to buy the dip. I am long on...
Since the big drop down to $70 Neo recovered nicely and we have been trading in a tight range between $100 to $120. The market is getting ready to show us which direction it wants to go with the prices coiling ever tighter. Seeing that Bitcoin pushed to higher levels yesterday I would expect NEO that is actively traded to play catch-up vs the US Dollar...
Neo has performed very well against Bitcoin during the recent “crash” and as a long term Neo holder I couldn’t be more happy. Looking at the chart we can see that some sellers are taking profits in the higher zones and we are experiencing a nice sideways movement. This is typically what we see when markets correct before they move higher or lower. Neo is moving...
Lets have a look at this market for those that are trading ETH vs BTC. Ethereum has really been treating its holders with really good gains versus Bitcoin since December last year. This shows great confidence in the Ethereum market and is worthwhile noting going into 2018. However the breaks have been put on as many are booking profits in BTC. We can see the...
Lets have a look at this market for those that are trading ETH vs BTC. Ethereum has really been treating its holders with really good gains versus Bitcoin since December last year. This shows great confidence in the Ethereum market and is worthwhile noting going into 2018. However the breaks have been put on as many are booking profits in BTC. We can see the...