23-07-2017
08:49 pm
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Author: Sarah Jenn

Sarah has been involved in the cryptocurrency space since the very beginning. Having stumbled across well hidden discussions in early forums she immersed herself in the industry, and is now a leading author and consultant for a range of bitcoin companies. She loves DASH and mathematics.

MobileGo Price Technical Analysis for 07/21/2017 – Another Mixed Round No Comments

MobileGo had another mixed run as its counterparts bitcoin, ethereum, and the dollar chalked up a lot of action due to specific market factors. MobileGo vs. Bitcoin MobileGo resumed its drop against bitcoin as the latter got a strong boost by reports of BIP 91 being locked in. This paves the way for an upgrade to SegWit2x although there's still quite a bit of grace period left before the changes...


Bitcoin Price Technical Analysis for 07/21/2017 – Back to Record Highs! No Comments

Bitcoin Price Key Highlights Bitcoin price recently staged a strong break past the descending channel formation. Price has surged close to its all-time highs and is showing enough bullish momentum to go for new ones. Applying the Fibonacci retracement tool on the latest swing low and high shows potential correction levels. Bitcoin price made a strong rally to its record highs, and mo...


Bitcoin Price Technical Analysis for 07/20/2017 – Double Top In Sight! No Comments

Bitcoin Price Key Highlights Bitcoin price could be in for a drop as it tests a long-term resistance level and has formed a double top pattern. Price has yet to break below the neckline before confirming the potential selloff. Technical indicators are showing mixed signals at the moment. Bitcoin price is still hovering around its long-term resistance and showing a short-term reversal...


MobileGo Price Technical Analysis for 07/19/2017 – Areas of Interest No Comments

MobileGo had another mixed run as it seems to be reacting only to its counterparts bitcoin, ethereum, and the dollar. MobileGo vs. Bitcoin MobileGo continued to recover against bitcoin as price is currently stalling at a former resistance level. This is holding as support so far and the correction seems to have been completed, paving the way for more gains against bitcoin. MobileGo volume...


Bitcoin Price Technical Analysis for 07/19/2017 – Next Downside Targets No Comments

Bitcoin Price Key Highlights Bitcoin price is completing its pullback to the broken triangle support at $2400. This lines up with a Fibonacci retracement level and the extension tool shows the next potential support areas. Technical indicators are showing that the selloff could resume around these levels. Bitcoin price might be done with its correction and the Fibonacci extension too...


Bitcoin Price Technical Analysis for 07/18/2017 – Bears Back on Top? No Comments

Bitcoin Price Key Highlights Bitcoin price is trending lower, moving inside a descending channel connecting the highs and lows since mid-July. Price just bounced off support around $1850 and is pulling back to the resistance. Applying the Fibonacci retracement tool on the swing high and low shows the potential upside inflection points. Bitcoin price is in the middle of a correction f...


Bitcoin Price Technical Analysis for 07/17/2017 – Broken Support Pullback No Comments

Bitcoin Price Key Highlights Bitcoin price recently broke below support of the descending triangle pattern on its 4-hour chart. Price found support around $1850 and could be due for a pullback before heading further south. Applying the Fibonacci retracement tool shows potential resistance levels. Bitcoin price could be due for a correction from its breakdown move so that more sellers...


MobileGo Price Technical Analysis for 07/17/2017 – Mixed Performance No Comments

MobileGo moved in reaction to its counterparts bitcoin, ethereum, and US dollar instead of establishing its own direction. MobileGo vs. Bitcoin MobileGo was down nearly 9% in the previous update but is now starting to recover against bitcoin as the short-term range support is holding. If bulls are able to stay in control, a bounce back to the range resistance near 0.00035 could take place. ...


MobileGo Price Technical Analysis for 07/14/2017 – Reversal Formations In Sight! No Comments

The recent pickup in MobileGo price was not sustained against bitcoin, ethereum, and the US dollar. Double top patterns can now be seen to signal more losses. MobileGo vs. Bitcoin MobileGo was up 3% against bitcoin during the latest update but is now down nearly 9% even as the latter was also on weaker footing. A bit of a double top formation can be seen over the past couple of days, signaling t...


Bitcoin Price Technical Analysis for 07/14/2017 – Descending Triangle Support No Comments

Bitcoin Price Key Highlights Bitcoin price has formed lower highs and found support around $2320, creating a descending triangle pattern visible on its 4-hour chart. Price is currently testing the triangle support, still deciding whether to make a bounce or a break. Technical indicators are signaling that further losses are in the cards. Bitcoin price is hovering at the bottom of its...


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