BITFINEX:BTCUSD Already, crypto currencies recent volatility has scared some people to the point of vacating the sector. Dont be one of them. Crypto is volatile. Period. With volatility comes opportunity. This will continue for some time as the market matures. Refrain from hyper trading and be patient with entry AND exit points while being firm with your...
I posted earlier that Ripple was breaking through the top channel and could at worst test the bottom of the lower channel. Since that action I have taken another look at Ripple to provide an update. This chart is a little busy but it is mostly to help cover a question a trader had on my previous post. A clear Head and Shoulders was formed and the neckline...
Failure to clear the hourly resistance line around the RSI 50 level might cause a move lower short-term.
After a week from our last analysis, Bitcoin continues to grow. We have another important week ahead, as we will have another BTC split on Wednesday. The place where the correction ended was at the level of 5200 USD where we moved to the designated TP at 6200 USD. When the BTC rate reached 6,000 USD, not only did it set a new peak, it also made an important...