Category: Analysis

altcoin neo bulls

ALT COIN BULLS GAINS $17 ON NOVEMBER 17 No Comments

In general, it’s the beginning of another rally for NEO bulls after that break above $40. This and combination of another bull drive in Monero and DASH should be profitable opportunities in the cryptocurrency realm. Let’s look at the charts: NEM BULLS KEEP PRICE ABOVE $0.20 MAIN SUPPORT LINE [caption id="attachment_101420" align="alignleft" width="1280"] NEMUSD Daily Chart for November 18...


Bitcoin Price Watch; An End Of The Week Profit No Comments

We are closing in on the end of the week and it's time to take the second of our twice-daily looks at the bitcoin price in an attempt to figure out how action today can be fed into a strategy that we can use to draw a profit from the market as we head into the weekend and beyond. As we noted this morning, the bulls are very much in control of the market right now the overarching corrective acti...


Bitcoin Price Watch; A Wild End To The Week No Comments

So, we have come to the end of the week in our bitcoin price trading efforts and it's looking as though we are going to have a pretty interesting close to the session. Things started moving late yesterday and we were able to jump into the markets on a nice clean breakout trade shortly before the US session closed out. As the chart below will show, action has not stopped appreciating overnight in E...


alt coin Monero Daily chart

DASH AND MONERO SPINNING TOPS No Comments

After last week’s mega rally DASH and Monero appears to be topping with equal bullish and bearish pressure. As noted, three consecutive dojis have formed over the past three days forming spinning tops. We still retain our bullish skew provided that prices reverse around key Fibonacci levels with a buy signal in place either in the daily or 4HR time frame. Let’s look at the charts: NEM GAIN...


Ethereum Classic Price Technical Analysis – ETC/USD to Gain Momentum? No Comments

Key Highlights Ethereum classic price is slowly moving higher and is currently trading above $16.00 against the US Dollar. There was a break above a major bearish trend line with resistance at $16.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to move higher if there is a clear break of the $17.50 resistance. Ethereum classic price is gaini...


Ripple Price Technical Analysis – XRP/USD Surges Higher No Comments

Key Highlights Ripple price gained heavy bids and moved above $0.2500 against the US Dollar before correcting lower. There is a bearish trend line forming with resistance at $0.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might continue to move higher and it remains supported above the $0.2100 level. Ripple price gained heavy bullish momentum agai...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Corrects Lower No Comments

Key Highlights ETH price started a minor correction from the $337.65 swing high against the US Dollar. There was a break below yesterday’s highlighted major bullish trend line with support at $326.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price tested the $318 support area where appeared and protected further declines. Ethereum price moved a few points down ag...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down No Comments

Key Points Bitcoin cash price broke down and traded below the $1000 handle against the US Dollar. This week’s highlighted bearish trend line with current resistance at $1050 is in place on the hourly chart of BCH/USD (data feed from Kraken). The price is currently recovering but it will most likely face sellers near $1050 and $1100. Bitcoin cash price traded lower sharply below $10...


Bitcoin Price Technical Analysis for 11/17/2017 – New Highs Yet Again! No Comments

Bitcoin Price Key Highlights Bitcoin price is at it again, breaking past the latest set of highs to close in on the $8000 handle. Revisiting the Fib extension levels shows how high bitcoin price could go from here. Price is already testing the 50% extension level but technical indicators show strengthening bullish momentum. Bitcoin price is establishing new record highs and the Fibon...


Bitcoin Price Watch; Here’s What We Want To See Tonight No Comments

On our coverage of the bitcoin price earlier this morning, we noted that we were hoping to see quite a lot of volatility during the session today. When we get volatility, it gives us an opportunity to get into the markets as the key levels we set up in advance of our strategy execution get breached and – in turn – our entries get signaled. What we also like to see, however, outside of just vol...


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