BitcoinBox

BitcoinBox

Cardano (ADA) broke out March 9 above the daily 200 MA. It consolidated in a couple days forming a symmetrical triangle before breaking out again. ADA could hit resistance at 0.000014 BTC and retrace to what could be support at 0.00001282. It could then rally again into the hype of the Cardano Summit and pump to the 0.000017 area

BitcoinBox Updated 

A "Cup & Handle" reversal has formed on the ADA / USD Cardano Chart, which likely indicates the price has found the floor and is transitioning into an uptrend.

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The Gemini bitcoin exchange founded by Tyler and Cameron Winklevoss is adding support for Zcash, a privacy-focused cryptocurrency with a market valuation of over $1 billion.

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Ethereum is trading marginally above $500 in yet another downslide that is crippling most of the major cryptocurrencies in the market. Bitcoin and Ethereum are fairing well compared to other cyrptos. Most analysts are bullish on Bitcoin and Ethereum for a long term hold. Some even projecting a possible $2,500 Ethereum price value the end of 2018. Many analysis...

BitcoinBox

Ethereum is trading marginally above $500 per ether in yet another downslide that is crippling most of the major cryptocurrencies in the market. Bitcoin and Ethereum, the two largest cryptocurrencies in market capitalization, are fairing well compared to other cyrptos (last count there are more then 1,700 coins). Most analysts are bullish on Bitcoin and Ethereum...

BitcoinBox

Bitcoin price follows ascending wedge ending with a Demark 12hr 9 count on Apr 11. On the 9 count it could could breakout of the wedge briefly and spike to 7513 before retracing with 1 to 4 count pullback. Then depending on Daily div it might test resistance at the 12hr 50MA (7600 area) before retesting support below 7000

BitcoinBox

Short term long BTC finds support on the 4hr 50MA and breaks out of triangle. Looking for price to test next resistance and 50MA around 7550 before retesting support around 6700

BitcoinBox

In my opinion. All things being equal the price will be close to the last high in the next 6 months. 1. this already occured 2. (a) ETH turns Bullish - goes sideways - symmetrical triangle to 3 2. (b) ETH continues Bearish to next support (0.0167 or 0.0155) 3. after consolidation in 2a accelerates upward NOTE: This is not investment advice. Don't invest any...