This has to be a quick update as I think the price is IMMINENTLY about to explode, one way or the other. We've got an almost perfectly symmetrical triangle formed on the 1h chart after the big run-up the other day. This generally means confusion and un-certainty within the market and analysts can struggle at this point to know which way the move is going! It will...
Bitcoin is currently sitting tight and within a new range after the big upward move the other day. It's a big range between $7700 and $9800 but a breakout on either side of this would represent a massive move! A down turn would indicate the price of BTC going from $7700 all the way down to $5500 before hitting more strong resistance. An upward move would indicate...
Ethereum on the 15m chart is currently tickling a nice strong trend line, now's a good time for a long order! It looks like there's some minor resistance at $214 and $218 but not enough to keep it from hitting $225. On from there would be $240, then who knows!? If that trend line were to be broken we'd experience a fall all the way down to the low $190's - so...
Just a quick one - Looks like a classic Head & Shoulders pattern forming on BTCUSD 15m at the moment. Crypto Scalper's showing a Short at the current price. Get in quick and ride it to the next support at $8400-$8500.
Hey all - That was quite a dramatic last few days, luckily we had Long positions both on our Daily Tipster and Intra-Day Scalper! Plenty of green for us with Bitcoin, Ethereum, Litecoin and ETC! (We missed DASH - but it hasn't gained as much anyway!) So let's look at the King of Crypto, Bitcoin, where's it heading now? Carry on up to $9800, $10,400? Or back down...
BTCUSD on a short time frame (15m) is hitting new highs @ just below $7800 again and again - there's also a nice upward triangle formed suggesting the price is just about to break out above the resistance and continue upward. Given that most players in the Crypto world would be seeing this same formation, and also considering market manipulation (it's rife in...
There's an awful lot of hype surrounding the world of Crypto the past few days, where's it all heading? We've had a few good trades recently - not excellent, but profit is profit! The markets are almost all at a critical point right now, just tickling a new range, a break upward into these areas we think would signify the start of the Bull run that we've all been...
Similar to our analysis of Litecoin (see below), DASH is also right on a critical point here @ $83. It isn't going sideways in the next day, so the question is, Bulls or Bears? There's a big area coming up between $84 and $94 where price has historically spent some time ranging. If we can break into this area you could set a TP at $94 and be pretty certain to hit...
Litecoin has just hit quite a big level @ $45. From here you can see the level it's going to try and break into, a successful break would take the price up to $47 (a good TP point). A rejection would take it back down to $44 or $43 or even lower. Doesn't sound like a lot of movement, but we are talking about a good few % in movement either way! We're still long...
A quick look at price areas where BTCUSD has been ranging over the last 9 months or so reveal some interesting findings. Firstly, there are 3 quite clearly defined areas where the price is ranging from high to low within the range, this can represent some good trading opportunities straight away if you like to trade chop like this - we don't trade this way...
Hey all, Decisions to make all over the place today! General market sentiment suggests people are going Long across the board - does this mean prices will rise? In theory - Yes, in practice - Not really... It doesn't matter about the total percentage of people who are net long or short, what matters is where the majority of money is heading - 1% of people hold...
Hey - So, as we all kind of know, deep down, the coins of Crypto across the spectrum are either (long term) going to Zero, or to the Moon - and we all highly doubt they're going to zero! Have a look at Ethereum over the last couple of years, you can see some levels of support & resistance both above and below the current price, it gets quite clustered down there;...
Given the volatility of the past few weeks you might imagine this uncertainty to continue, our current thinking is that ETH will be ranging between $170-190 for the next couple of weeks until early/mid May (Bitcoin's Third Halving). There may not be an immediate explosion there after, it may take some time to build momentum, but ETH, along with a host of...
BTC appears to have some good levels of support around it's current price, but has that mental $7000 mark to try and push through. Previously it has fallen clean through this level so a boost up through would not surprise me. Declining volume suggests we may be between $6900 and $7000 for a few bars, the onto and through $7000 - possibly back up to the highs the...
Bitcoin Halving Analysis & Predictions So, in this analysis we're going to try to predict the price of Bitcoin against the US Dollar for around the 12 May (on the 3rd Bitcoin Halving Event!). We're also going to try and predict the future price of this asset through to the 4th halving event in 2024 - these predictions are based on chart analysis of BTCUSD from...