26-04-2017
06:59 am
=

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.

Bitcoin Price Technical Analysis for 04/26/2017 – Steeper Short-Term Climb No Comments

Bitcoin Price Key Highlights Bitcoin price is moving in an ascending channel on its 4-hour chart but has a steeper channel on its 1-hour time frame. Price is bouncing off the channel bottom and might be due for a climb to the resistance at the $1400 handle. Technical indicators are giving mixed signals at the moment so it's unclear whether bulls can stay in control or not. Bitcoin pr...


Bitcoin Price Technical Analysis for 04/25/2017 – Potential Countertrend Setup No Comments

Bitcoin Price Key Highlights Bitcoin price is still trading inside its ascending channel formation and is testing the $1400 resistance as predicted earlier. Price could be due for a quick selloff from here as bulls book profits off this strong ceiling. If so, bitcoin price could make a pullback that might draw more buyers in and allow the climb to resume. Bitcoin price is on an uptre...


Bitcoin Price Technical Analysis for 04/24/2017 – Next Target at $1400? No Comments

Bitcoin Price Key Highlights Bitcoin price is testing record highs around the $1350 area as predicted in the earlier article. Price could be in for more gains from here as it has its sights set on the top of an ascending channel forming on the daily time frame. The $1400 handle could serve as near-term resistance as it lines up with the channel top and technical indicators are suggestin...


Bitcoin Price Technical Analysis for 04/21/2017 – New Record Highs? No Comments

Bitcoin Price Key Highlights Bitcoin price continues to climb and is currently testing the 1300 record highs. Profit-taking could happen at this key resistance level, but a break higher could open the door for an even stronger climb. A couple of technical indicators are signaling that bitcoin price has room to head further north. Bitcoin price is testing its record highs and a couple...


Bitcoin Price Technical Analysis for 04/20/2017 – Next Resistance at $1350? No Comments

Bitcoin Price Key Highlights Bitcoin price is trading inside an ascending channel formation visible on its 4-hour time frame. Price just bounced off support and could be due for a test of resistance at the $1350 level. Bitcoin is currently stalling at the mid-channel area of interest close to its record highs while technical indicators are giving mixed signals. Bitcoin price is still...


Bitcoin Price Technical Analysis for 04/19/2017 – Strong Upside Breakout! No Comments

Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows on its daily time frame, creating a symmetrical triangle pattern. Price broke past the triangle resistance and has made a quick pullback before resuming its climb. This confirms that bulls are in control of bitcoin price action and are strong enough to push for more gains. Bitcoin price confirmed a brea...


Bitcoin Price Technical Analysis for 04/18/2017 – Resistance at $1250? No Comments

Bitcoin Price Key Highlights Bitcoin price recently broke below an ascending trend line on its 4-hour time frame, signaling that bearish pressure is in play. Price could be due to pull back to the broken support area, which might now hold as resistance. If so, bitcoin price could resume its drop to support at the $1200 mark or even lower. Bitcoin price seems to be gearing up for a co...


Bitcoin Price Technical Analysis for 04/17/2017 – Reversal Pattern Forming? No Comments

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance around $1220, creating a small ascending triangle pattern. Price is testing the triangle resistance and a bounce could lead to a move below support at $1200. In that case, a longer-term head and shoulders pattern could be completed, signaling that price is in for a decline. Bitcoin price appears to...


Bitcoin Price Technical Analysis for 04/14/2017 – Profit-Taking Underway? No Comments

Bitcoin Price Key Highlights Bitcoin price made a huge gap down just recently, signaling that bears are taking over. This could mean more losses for bitcoin price, although the gap could still be filled before this happens. Technical indicators are giving mixed signals at the moment. Bitcoin price made a large gap down, possibly indicating profit-taking off the recent highs heading u...


Bitcoin Price Technical Analysis for 04/13/2017 – Are Bulls Getting Tired? No Comments

Bitcoin Price Key Highlights Bitcoin price is closing in on its record highs so there's a chance that profit-taking could happen soon. In that case, bitcoin could give back a lot of its recent gains as bulls close off their long positions ahead of the long weekend. Technical indicators are giving mixed signals at the moment, but market factors suggest that the climb could continue. B...


SUBSCRIBE TO OUR NEWSLETTER