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 09/20/2017 – Still Holding on to $4000 No Comments

Bitcoin Price Key Highlights Bitcoin price is still hovering around the $4000 level, which seems to be holding quite well as an area of interest. This lines up with the 50% Fibonacci retracement level on the 4-hour time frame with the next Fib adding an extra layer of resistance. Technical indicators are signaling that the selloff is about to resume. Bitcoin price is having a tough t...


Bitcoin Price Technical Analysis for 09/19/2017 – Can Bulls Keep It Up? No Comments

Bitcoin Price Key Highlights Bitcoin price has bounced off a long-term area of interest after its recent sharp drop, signaling that the uptrend could still resume. Applying the Fib extension tool on this major correction could indicate how high bulls could take bitcoin from here. Technical indicators on the daily time frame also suggest that the long-term climb could carry on. Bitcoi...


MobileGo Price Technical Analysis for 09/19/2017 – Another Mixed One! No Comments

MobileGo continues to play counterpart to bitcoin and ethereum as it simply reacts to market factors driving those two cryptocurrencies lately. MobileGo vs. Bitcoin MobileGo was able to rebound 0.3% against bitcoin but a reversal pattern seems to be forming on the hourly time frame. A bit of a head and shoulders formation can be seen with price starting to break below the neckline at 0.00013...


Bitcoin Price Technical Analysis for 09/18/2017 – Chance to Short? No Comments

Bitcoin Price Key Highlights Bitcoin price has been selling off in the past few days on reports that China has officially confirmed it would be shutting down exchanges. A bearish channel can be seen on the 1-hour time frame and it's currently showing a pullback opportunity. Price is stalling at the top of the channel resistance but a higher pullback to the $4000 area of interest might b...


Bitcoin Price Technical Analysis for 09/15/2017 – Here Come The Bears! No Comments

Bitcoin Price Key Highlights Bitcoin price recently broke below the neckline of the head and shoulders pattern highlighted in a previous article. Price broke to the downside as bearish factors lined up and risk sentiment also flipped. Bitcoin is has been on a steep drop but is on its way to testing an area of interest that could draw some buyers in. Bitcoin price confirmed the revers...


Bitcoin Price Technical Analysis for 09/14/2017 – Finally a Breakout! No Comments

Bitcoin Price Key Highlights Bitcoin price was previously trading above the head and shoulders neckline visible on the 4-hour time frame before breaking lower to confirm the selloff. The chart pattern spans $4000 to $5000 so the resulting downtrend could last by the same height, taking bitcoin to $3000. A descending channel is also forming to connect the latest highs and lows of price a...


MobileGo Price Technical Analysis for 09/14/2017 – Mixed Day! No Comments

MobileGo seems to be reacting to various market factors driving its counterparts bitcoin and ethereum, ending in the red against the former and positive against the latter. MobileGo vs. Bitcoin MobileGo is a touch lower against bitcoin at -0.08% even as a head and shoulders neckline breakdown occurred for the latter. As it turned out, JPMorgan CEO Jamie Dimon remarked that bitcoin is a fraud and...


Bitcoin Price Technical Analysis for 09/13/2017 – Stuck in a Range! No Comments

Bitcoin Price Key Highlights Bitcoin price has been cruising sideways, moving between support around $4100 and resistance at $4350. Price appears to be bouncing off the floor once more and could be due for a move up to the ceiling again. Technical indicators are showing mixed signals while traders are waiting for more clues from market catalysts. Bitcoin price has been moving sideway...


MobileGo Price Technical Analysis for 09/12/2017 – Another Day, Another Loss No Comments

MobileGo continues to rake in losses versus counterparts bitcoin and ethereum as news of China shutting down exchanges has weighed heavily on investor sentiment. MobileGo vs. Bitcoin MobileGo was off to a weak start this week and appears to be having no success in attempting to break past the 0.00013 resistance. Volume has been subdued but bears are defending that level strongly, likely pushing ...


Bitcoin Price Technical Analysis for 09/12/2017 – Head and Shoulders Completed No Comments

Bitcoin Price Key Highlights Bitcoin price has completed the right shoulder on its head and shoulders reversal formation on the 4-hour time frame. Price is sitting right on the neckline, still deciding whether to make a bounce or a break. The chart pattern spans $3800 to $5000 so the resulting breakdown could last by $1200, taking bitcoin price to $2600. Bitcoin price could be due fo...


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