Aug 05 2018 @ 23:25
ETHUSD Long-term Trend – Bearish Distribution territories: $600, $650, $700. Accumulation territories: $350, $300, $250. Ethereum lost a considerable amount of value against the US dollar last week. The cryptocurrency, in its first trading day, got weakened to a bit above the accumulation territory of $450 and the bears took that advantage of it […]
Aug 02 2018 @ 17:28
Bitcoin Price Medium-term Trend: Bearish Resistance levels: $7,600, $7,700, $7,800 Support levels: $7,400, $7,300, $7,200 Yesterday, August 1, the BTC price was in a downward trend. Today, the price of the cryptocurrency has reached the support level. It is not likely price will break the support level of $7,400. If price did […]
Jul 31 2018 @ 09:21
To know before trading cryptocurrencies? Bitcoin was the first ever cryptocurrency when it was released in 2009 and with only one coin available there were no other cryptocurrencies available to exchange with. It was not until 2011 when more cryptocurrencies Litecoin, Namecoin and Swiftcoin were created that people started trading them. For people to trade, […]
Jul 30 2018 @ 04:53
BTCUSD Long-term Trend – Bullish Distribution territories: $9,000, $10,000, $11,000. Accumulation territories: $7,000, $6,000, $5,000. Bitcoin’s price has b-een rising tremendously against the US dollar for the last few days. A Japanese candlestick that emerged on July 16 led to the intersection of the two SMAs, as the 14-day SMA has crossed the 50-day […]
Jul 26 2018 @ 09:36
Ethereum Price Medium-term Trend: Ranging Supply zones: $600, $650, $700 Demand zones: $300, $250, $200 ETH is still in a ranging scenario in the medium-term outlook. Rejection to further downward movement occurred at the 50-day EMA. The formation of a spinning top a reversal candlestick pattern brought the bulls back. A large […]
Jul 23 2018 @ 04:35
BTCUSD Long-term Trend – Bullish Distribution territories: $8,500.00, $9,500.00, $10,500.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. Bitcoin’s market value has seen a sharp and tremendous increase this week. The cryptocurrency made strong northbound movements after making corrections caused by the bears’ selling pressure. The bulls now seem to be in...
Jul 19 2018 @ 07:59
Ethereum Medium-term Trend: Ranging Supply zones: $700, $750, $800 Demand zones: $350, $300, $250 Ethereum is ranging in the medium-term outlook. The bulls failure for further upward price push above the $506.65 in the supply area after retesting the broken support now demand zone at $491.74 returned the bears back to the market. […]
Jul 16 2018 @ 02:46
BTCUSD Long-term Trend – Bearish Distribution territories: $7,500.00, $8,500.00, $9,500.00. Accumulation territories: $5,500.00, $4,500.00, $3,500.00. Bitcoin’s price has been undervalued against the US dollar this week. The cryptocurrency saw its value rise last week The pair began falling on July 8 while it met some strong distribution territories that were difficult to...
Jul 15 2018 @ 03:08
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In the long-term, the pair is bearish, and last week was bearish too. Price dropped by 140 pips, moved briefly below the support line at 1.1650, and then closed above it. This week, there could be a test of the support lines at 1.1650 […]
Jul 09 2018 @ 04:09
BTCUSD Long-term Trend – Bearish Distribution territories: $8,000.00, $9,000.00, $10,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00. Bitcoin’s market value was previously suffering a considerable against the US dollar, but this week it has been able to rebound. The rebounding effect notably started on June 29, last month. The bears have in the past...