Technical Analysis

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To believe or not to believe in the Bitcoin Death Cross prophecy ?

17 Jun 2021 3 minute read 3 comments Greenchic

  Trading view chart    Current support and resistance points of BTC’s price   Right now, Bitcoin is in a price wedge with its support at 34,000 $ and resistance in the 41,000$ range, the price is not able to break above $41,000. BTC’s price has ref...

Bitcoin About to Break Out of Bottoming "Buy Zone"? (June 17 Forecast)

17 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin fell a bit on Wednesday, dropping about $1,000 in response to the dovish FOMC minutes alongside TradFi markets which also dropped ~1%. This is minor inconsequential noise for Bitcoin as we flirt with a short-term higher to further complete a...

Bitcoin and the Death Cross

16 Jun 2021 5 minute read 11 comments hifi.bitcoin

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts and my cryptocurrency blog to learn more about this fascinating new technology! May and June 2021 have been...

Bitcoin Rally Stalls, But What's Left to Come? (TA 06/15/2021)

15 Jun 2021 1 minute read 0 comments JCRoemer

As we are about to close out June 15 and open the books on June 16, Bitcoin is trading in the mid $40ks, at one point in the afternoon attaining the critical $40,900 price point needed at close to signal the next move up in imminent. Here is the dail...

Polygon Poised to Rally Again: MATIC MainNet Usage is Up, New Catalysts Fuel the Fire (TA 06/15/2021)

15 Jun 2021 1 minute read 1 comment JCRoemer

The number of active SushiSwap wallets is greater on the MATIC Main Net now than the number on Ethereum. Furthermore, AAVE is reporting higher volumes on the MATIC network than on the Ethereum network. Low gas fees and lightning fast transaction spee...

BITCOIN BTC / USD and ETH ANALYSIS UPDATE Intraday time horizon 15 June

15 Jun 2021 1 minute read 2 comments trade60

In the short term the title could correct.39340 is our pivotPredictable scenario: as long as support at 39340 holds, we can point towards 43159Alternative scenario: below 39340, targets at 37882 and 37014 Bitcoin's rebound that saw it recover above...

Financial Technical Analysis Crypto Narrative Chapter 2 Basic Drawings

15 Jun 2021 8 minute read 6 comments 0fajarpurnama0

The previous chapter discussed about the DOW Theory where every financial technical analyzers have to remember when performing any analysis. This chapter discusses the basics of drawing lines on a chart. In many channels and social media we less ofte...

BITCOIN BTC / USD and ETH ANALYSIS UPDATE Intraday time horizon 14 June

14 Jun 2021 1 minute read 0 comments trade60

The MACD is positive and hovering below its moving average.38245 is our pivotPredictable scenario: as long as support at 38245 holds, we can point towards 41726Alternative scenario: A collapse of 38245 would result in a decline towards 36139Analysis...

BITCOIN BTC / USD ANALYSIS UPDATE Intraday time horizon 13 June

13 Jun 2021 1 minute read 0 comments trade60

37000 is always a very important resistance.The setting is slightly negative.35869 is our pivotForeseeable scenario: As long as the resistance at 35869 holds, the bearish scenario will prevail. I expect the achievement of 34301 and 33135.Alternative...

Will Bitcoin Crash below 30k, How about 100k?

12 Jun 2021 1 minute read 0 comments Fety Bernard Etienne(fetinafety)

Hey Traders and Investors, Over the past two weeks, I told you that Buying Crypto was profitable while the market was and is consolidate overall. I know that the HOLDERS hate the bear trend but it is the market sentiment and action.   My expectation...