Bitcoin has been pounded by negative sentiment and FUD due to MtGox and google saying they are banning all Crypto related ads. We have the a rising trendline at 6800 that is a crucial level of support.
Old "Weebl" title reference aside,(I wonder how many people got that) here is badg... bitcoin, acting out again.
This time bitcoin is possibly dropping out of a flag, a bear flag that is, for a bearish continuation. A drop from here should bring us down to the 200 MA around 6k and bounce to retest the bottom of the uptrend line and then back down to around 4k or ...
Hi Guys. Here we can see in KRAKEN:XRPUSD that the price has been consolidating, that is easily seen by the extremely low volume.
We can see here that we have a Descending Triangle chart formation, this is a pattern that can break out either way because of the flat bottom however the upside is favoured as this has shown on multiple occasions to be a strong area of ...
Here we have BINANCE:ADABTC it has formed a massive falling wedge and a return to the previous zone of heavy demand. We expect BINANCE:ADAUSD to break out strongly to the upside.
Entry in BLUE
Targets in ORANGE.
This is a short that is not to be missed! This is a continuation of the long-term downtrend. also from a fundamental perspective, the US has been largely increasing its oil output and that will have a very negative bias on the markets.