cryptocurrency – Page 23

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

June 18, 2019 Published by workin2005

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600.

In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.

Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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Bitcoin Hitting New 2019 Highs!

June 17, 2019 Published by workin2005

Bitcoin bulls have continued to impress, hitting another new 2019 high today of $9,430. Daily volume is steady.

Shorts have spiked nearly 50% in the last 10 days. This would suggest bitcoin may have more room to run in the form of a short squeeze.

Looking at the CME Futures chart, we’ve discussed the gap between $7,200 and $7,450. We’ve got another fresh gap between $8,500 and $9,050. Probability is price will eventually drop to close these gaps. That said, it doesn’t mean bitcoin won’t continue up first.

In today’s video I discuss where price may be heading next, key areas to watch,

Altcoin Buying Masterplan (it’s working…)

June 17, 2019 Published by bitbrain

I often share information about the coins I hold and buy. While I sometimes categorise or group them, I rarely look at my portfolio as a whole and explain it in broad terms.

This post is to explain the broad rationale behind why I buy what I buy. It’s to give you an idea of why I am focusing my altcoin investments where I am, and perhaps an idea of how that is working for me so far.

Turn back the clock

Little story of my crypto history:

Like many crypto investors, I was doing very well in 2017. Not wanting him to miss

BTC technical analysis

June 14, 2019 Published by mrbullishsail

BTC seen from the temporality of 4H we can see how the current structure of candles carries an excellent count of a distribution scheme, accepting this premise, the current bullish movement should be the failed rally, this has to be confirmed even with a closure below the support located at 8200 and a subsequent test as resistance, in the chart I have drawn the possible trajectory that the price should follow in the process.

BTC seen from the temporality of 1D we can see how the previous wing that has made the closing above the resistance has done with very little

Crypto East vs West

June 14, 2019 Published by bitbrain

Apologies for the slightly clickbaity heading: I’m playing on the topic of the US China Trade War.
While the Trade War doesn’t directly influence crypto, it surely plays a roll. I believe that as inevitable market crunches loom nearer, so crypto will become ever more attractive as an investment asset – specifically as a high ROI store-of-value. We all know that crypto isn’t as stable as gold, but gold can’t offer the returns that crypto does. Obviously that is bullish for crypto in the long-run.
But that’s not what I wanted to tell you today; today I want to draw your attention

ETH technical analysis

June 13, 2019 Published by mrbullishsail

ETH seen from the temporality of 1W we can observe how the previous candle has closed below the 259 support, the current candle is testing the horizontal now covered in resistance, I have indicated a support in the 196 because if the candle does not succeed in claiming the support, it is very possible that the price will fall towards that point to find bullish impulse again and pass the resistance without any problem.

ETH seen from the temporality of 1D we can observe more closely what is happening in the current candle structure, the previous candle managed to close above

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

June 13, 2019 Published by workin2005

Like Bitcoin, many altcoins are looking ripe for a larger move.

EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days.

Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed 2 days ago.

Basic Attention Token (BAT) is consolidating below heavy resistance and on top of an ascending line of support. It looks poised to breakout in the next few days.

Litecoin has been one of the most impressive coins of 2019. Last we spoke, it was finding resistance at $125. It has since broke resistance and, as discussed in

EOS is Pausing before the Run to $20+

June 12, 2019 Published by heyimsnuffles

EOS has had an amazing start into the first half of 2019 and I am expecting this to full fledge continue. I have been calling this from the beginning of the year in the $2 and we are going back to highs. I am watching the $6 level here and I WANT this to hold. That does not mean it has to but if it does it means we likely reach targets quicker.

We may pullback into the Mid 5’s but I do not see us going lower than this. I am looking for EOS to catch up to litecoin

LOOM technical analysis

June 12, 2019 Published by mrbullishsail

LOOM seen from the temporality of 1D we can see how the bulls are trying to push the price above the low range of the accumulation structure to claim the support, we see how the current movement of the candles maintain an upward momentum, the low range is located at 1135, I have drawn on the chart the possible trajectory that could follow the price in the support claim, to get it and test it as support we should see the price reach without problems our first take profit located in 1881.

LOOM seen from the temporality of 1W we can

Bitcoin Creates New Local High…Bull Trap or Bull Run?

June 12, 2019 Published by workin2005

Bitcoin took out the prior local high, rising to nearly $8,300 before bears stepped in to push it back down. It’s currently trading within a major area of resistance between $8,250 and $8,150. Until we see a 4 hour candle open and close above this resistance, be aware of a possible bull trap. That said, price did break out on a decent amount of volume. The fact it hasn’t been strongly rejected is significant. Should we see a 4 hour candle open and close above $8,150, I’d have to favor the bulls with another move up testing $8,450.

Price is now

Tag: cryptocurrency