Technical Analysis

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Is Bitcoin Entering A Bear Cycle?

12 Jun 2021 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 249 Market Analysis, Updates, News & Reviews In today's episode I look at latest statistics by GlassNode and discuss the likelihood of a trend reversal in the longer timeframes - Are We Entering A Bitcoin Bear Market? Referenc...

BITCOIN BTC / USD ANALYSIS UPDATE Intraday time horizon 12 June

12 Jun 2021 1 minute read 0 comments trade60

37000 proved to be a very important resistance.The setting is negative.36251 is our pivotForeseeable scenario: As long as the resistance at 36251 holds, the bearish scenario will prevail.Alternative scenario: above 36251, we expect to reach 37437 an...

Will ETH Tightening Wedge Break Up or Down? (June 12 Forecast)

12 Jun 2021 1 minute read 1 comment Biz Wisdom

Ethereum had a quiet Friday, trading in a small range to end the week on a bearish note as it slid about $500 to finish near the lower trendline. ETH appears to be developing a tightening wedge pattern that could break either way, but the bias is to...

BITCOIN BTC / USD ANALYSIS UPDATE Intraday time horizon 11 June

11 Jun 2021 1 minute read 0 comments trade60

The MACD is negative and hovering above its moving average.Our pivot is placed at 36072Foreseeable scenario: Our next target stands at 39280Alternative scenario: below 36072, targets at 34827 and 34085Analysis: The RSI hovers above the 50-point equi...

Did Bitcoin just Double-Bottom? (June 11 Forecast)

11 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin rallied a bit Thursday and the past few days, putting in what appears to be a double-bottom and bouncing back to about the $38K level before cooling off a bit today. This very well could be a choppy sideways trading pattern as BTC looks to br...

Bitcoin Loss 44% In Three Months Is It The End Of The Scenario?

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

On Monday, June 8th, 2021, Bitcoin breaks out the 35k strong support level. Yesterday, I predicted that if BTC would break out 35k I was expecting 31k bear and 40k bull. As Bitcoin, does not follow its previous bull game season, it means to me that...

BITCOIN BTC / USD ANALYSIS UPDATE Intraday time horizon 10 June

10 Jun 2021 1 minute read 0 comments trade60

In the short term the title could correct.Our pivot is located at 35742Predictable scenario: as long as support at 35742 holds, we can point towards 39003Alternative scenario: below 35742, targets at 34509 and 33774Analysis: The RSI hovers above the...

Two Altcoins to keep under control that could give satisfaction

10 Jun 2021 1 minute read 0 comments trade60

The first you see on the graph is Nervos Network (CKB), Yesterday he formed a Hammer design, if he breaks the triangle in the upper area I expect a nice rebound. The whitepaper can be found here: https://github.com/nervosnetwork/rfcs/blob/master/rfc...

Technical Analysis: MACD

8 Jun 2021 3 minute read 0 comments CryptoWingnut

In today’s post we are going to continue taking a look at some technical analysis, this time in the form of the MACD. The Moving Average Convergence/Divergence indicator is a very useful tool when you are trying to gauge the momentum of the market, a...

BITCOIN BTC all negative news but in my opinion

8 Jun 2021 1 minute read 0 comments trade60

As long as we are above 31535 target 33830/34400 Fear of Elon Musk, fear of China, Donald Trump, miners, India. During this period only negative news has arrived. I think they are all programmed. However these days will be remembered. Log in to Publ...