Bitcoin Price Technical Analysis (March 26th): Struggling to Break Resistance Levels

Bitcoin Price Technical Analysis (March 26th): Struggling to Break Resistance Levels

Looking at the chart we see that the digital coin is currently trading at $3,960, after the price has earlier this week broken the support of $4,047, which is now acting as resistance; also, the newly formed support is now at $3,995. recently we saw the formation of a Bearish Marubozu pattern which is a bearish pattern and we can expect the price to trade around the support levels of $3,995, which can provide good…

Read More

Bitcoin Price Technical Analysis (March 18th): Stuck Between Support and Resistance

Bitcoin Price Technical Analysis (March 18th): Stuck Between Support and Resistance

Looking at the chart below, we can see that BTC is trading at around the $4,000 mark. The price is contained between channels with some false breakouts, and an upper limit acting as resistance at $4,161 and lower limit acting as support at $3,765. Since there could be false breakouts, it is not recommended to take a long position immediately after the breakout. Dow Theory According to Dow Theory, BTC is currently appearing in an…

Read More

Weekly Crypto Market Analysis March 6-13: Stellar Rises, Tron Falters

Weekly Crypto Market Analysis March 6-13: Stellar Rises, Tron Falters

The crypto markets are finally behaving in a very matured manner. After every major increase, there is a round of correction and each of these correction rounds is getting shorter and shorter. Additionally, the correction has not resulted in such a huge decrease in value of cryptocurrencies; thus, hinting an upcoming bullish trend. However, just like every other week, there are a bunch of cryptocurrencies that have gained a lot of value as well as…

Read More

Weekly Crypto Market Analysis Feb 28 – March 7: Binance Coin Continues to Climb

Weekly Crypto Market Analysis Feb 28 – March 7: Binance Coin Continues to Climb

The true nature of cryptocurrencies has finally been revealed after a very long time. After the healthy correction that was seen in the previous weeks, the crypto market has stabilized and returned to trading in green once again. With most cryptocurrencies gaining small percentages of their value, this week has been a great one for anyone who believes in the future of the crypto world. While the popular virtual coins have managed to gain a…

Read More

Weekly Crypto Market Analysis February 20th-27th: Bitcoin SV Goes Up, Bitcoin Cash Goes Down

Weekly Crypto Market Analysis February 20th-27th: Bitcoin SV Goes Up, Bitcoin Cash Goes Down

The whole crypto market seems to be experiencing a downward run. However, this is just a minor correction after two whole weeks of an intense bull run. This is a much-needed correction and we could all see it coming. The whole market is still in a way better position than its condition in January 2019. Amidst the sea of red, there are a few cryptocurrencies which were still trading in green over the past week….

Read More

Weekly Crypto Market Analysis February 12th-19th: EOS, Ethereum Top Performers

Weekly Crypto Market Analysis February 12th-19th: EOS, Ethereum Top Performers

It’s great news for every crypto investor out there that the crypto market has been trading towards the green end for the past two weeks. It looks like the market is gearing up for another massive bull run very soon. Almost every single cryptocurrency amongst the top 100 ranked cryptocurrencies has been trading in green throughout the past week. With a surge of demand for these virtual currencies, this trend in the crypto market is…

Read More

Weekly Crypto Market Analysis – February 4th-11th

Weekly Crypto Market Analysis – February 4th-11th

A collective sigh of relief was felt throughout the crypto community as the cryptocurrencies that had all been losing value finally showed signs of a bullish trend over the past couple of days. With the whole crypto market trading in green once again, most of the top cryptocurrencies are looking at testing their resistance levels once again. While there are a lot of cryptocurrencies that have risen up the ranks, there are a few which…

Read More
1 2 3