Cryptocurrencies

Ethereum Price Medium-term Trend: Ranging     Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is ranging in the medium-term outlook. The strong bullish pressure was sustained at the 61.8 fib level, then the cryptocurrency saw upward price movement to $304.99 in the supply area. The formation of a bearish hammer […]

BTCUSD Medium-term Trend: Bullish   Resistance levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100   The BTC price was in a bullish trend yesterday and the price reached the high of $6,484.60 but was resisted by the bears.   On August 9th, the BTC price had attempted to break the resistance level at $6,585.60 […]

BTCUSD Medium-term Trend: Ranging Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,400, $6,300, $6,200   Yesterday, August 9th, the BTCUSD pair was in a bearish trend. Yesterday, the price was approaching the $6,000 price and it was assumed that the bulls would defend the support level at $6,000. This was based on the fact that […]

Ethereum Price Medium-term Trend: Ranging     Supply zones: $500, $550, $600 Demand zones: $200, $150, $100   ETH returns to the range in the medium-term outlook. The bearish momentum was sustained until the price was down to $346.35 in the demand area.   The opening 4-hour candle at $355.63 was bullish and the cryptocurrency […]

ETHUSD Long-term Trend – Bearish Distribution territories: $600, $650, $700. Accumulation territories: $350, $300, $250.   Ethereum lost a considerable amount of value against the US dollar last week. The cryptocurrency, in its first trading day, got weakened to a bit above the accumulation territory of $450 and the bears took that advantage of it […]

Bitcoin Price Medium-term Trend: Bearish   Resistance levels: $7,600, $7,700, $7,800 Support levels: $7,400, $7,300, $7,200   Yesterday, August 1, the BTC price was in a downward trend. Today, the price of the cryptocurrency has reached the support level.   It is not likely price will break the support level of $7,400. If price did […]

To know before trading cryptocurrencies? Bitcoin was the first ever cryptocurrency when it was released in 2009 and with only one coin available there were no other cryptocurrencies available to exchange with. It was not until 2011 when more cryptocurrencies Litecoin, Namecoin and Swiftcoin were created that people started trading them. For people to trade, […]

BTCUSD Long-term Trend – Bullish Distribution territories: $9,000, $10,000, $11,000. Accumulation territories: $7,000, $6,000, $5,000.   Bitcoin’s price has b-een rising tremendously against the US dollar for the last few days. A Japanese candlestick that emerged on July 16 led to the intersection of the two SMAs, as the 14-day SMA has crossed the 50-day […]

Ethereum Price Medium-term Trend: Ranging     Supply zones: $600, $650, $700 Demand zones: $300, $250, $200   ETH is still in a ranging scenario in the medium-term outlook. Rejection to further downward movement occurred at the 50-day EMA. The formation of a spinning top a reversal candlestick pattern brought the bulls back. A large […]

BTCUSD Long-term Trend – Bullish     Distribution territories: $8,500.00, $9,500.00, $10,500.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00.   Bitcoin’s market value has seen a sharp and tremendous increase this week. The cryptocurrency made strong northbound movements after making corrections caused by the bears’ selling pressure. The bulls now seem to be in...