Ethereum might be done with its slide as it forms an inverted head and shoulders reversal pattern on its 1-hour chart. Price is still testing the neckline and a break higher could spur a rally of the same height.
The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, the uptrend is more likely to gain traction than to…
Bitcoin (BTC) Price Analysis: Still in Correction Mode
March 20, 2019
Bitcoin is still consolidating after its recent test of the ascending channel resistance, keeping…
Ethereum (ETH) Price Analysis: Shallow Uptrend Going On
March 19, 2019
Ethereum has formed higher lows and higher highs to create a rising wedge formation visible on its…
Bitcoin (BTC) Price Analysis: Bullish Correction Needed?
March 19, 2019
Bitcoin bulls are putting up a fight and defending the nearby support around the $4,050 minor…
Bitcoin (BTC) Price Analysis: Another Upside Breakout Attempt
March 18, 2019
Bitcoin is back to testing the top of the symmetrical triangle visible on the 4-hour chart, perhaps…
Bitcoin (BTC) Price Analysis: Volatility Jumps But Still Directionless
March 15, 2019
Bitcoin spiked strongly in both directions over the past few hours as volatility ticked higher but…
Bitcoin (BTC) Price Analysis: Reversal Still Possible?
March 14, 2019
Bitcoin recently broke below a short-term rising trend line to signal that a reversal from the…
EOS Price Analysis: Waiting for a Consolidation Break
March 13, 2019
EOS has formed lower highs and higher lows to consolidate inside a symmetrical triangle visible on…
Bitcoin (BTC) Price Analysis: Near-Term Upside Targets
March 13, 2019
Bitcoin is bouncing off a short-term area of interest visible on the 1-hour time frame. This could…
Stellar (XLM) Price Analysis: Bulls Waiting to Buy on Dips
March 12, 2019
Stellar has been trending higher inside an ascending channel, making higher lows and higher highs.
