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Ethereum Price Medium-term Trend: Ranging     Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is ranging in the medium-term outlook. The strong bullish pressure was sustained at the 61.8 fib level, then the cryptocurrency saw upward price movement to $304.99 in the supply area. The formation of a bearish hammer […]

BTCUSD Medium-term Trend: Bullish   Resistance levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100   The BTC price was in a bullish trend yesterday and the price reached the high of $6,484.60 but was resisted by the bears.   On August 9th, the BTC price had attempted to break the resistance level at $6,585.60 […]

BTCUSD Medium-term Trend: Ranging Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,400, $6,300, $6,200   Yesterday, August 9th, the BTCUSD pair was in a bearish trend. Yesterday, the price was approaching the $6,000 price and it was assumed that the bulls would defend the support level at $6,000. This was based on the fact that […]

Ethereum Price Medium-term Trend: Ranging     Supply zones: $500, $550, $600 Demand zones: $200, $150, $100   ETH returns to the range in the medium-term outlook. The bearish momentum was sustained until the price was down to $346.35 in the demand area.   The opening 4-hour candle at $355.63 was bullish and the cryptocurrency […]

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 […]

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 […]

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 […]

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 […]

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...

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. […]