Coin_Analyst

Coin_Analyst

Conclusion for today’s Litecoin price analysis: Litecoin price should continue to sell off until the 200 moving average gives way to more bullish momentum. Litecoin price chart presented in today’s analysis is an intraday (6 hour) timeframe using a log scale. Price action from December 14, 2018 to current date shows a dominant uptrend in Litecoin price that...

Coin_Analyst

Conclusion for today’s USDCHF technical analysis: Price breaking above the upper boundary of the broadening formation implies higher prices in the USDCHF. USDCHF analysis for today is carried out on the 6 hour timeframe. The current downtrend from April 26, 2019 to current date is the main focus with a bearish trendline used to provide perspective. Price action...

Coin_Analyst

Conclusion for today’s Bitcoin technical analysis: Price closing below ~9320.00 implies lower prices in Bitcoin. A log scale of Bitcoin is presented on its Daily Timeframe with over 8 months of price action displayed. Analysis includes the use of moving averages (50 and 200), chart patterns, as well as support and resistance levels. The trendline is the most...

Coin_Analyst

Conclusion for today’s GBPUSD technical analysis: Price closing above ~1.24714 implies higher prices in GBPUSD. GBPUSD (cable) technical analysis for today is presented on an intraday (6 hour) timeframe that covers over 19 months of price action. The major downtrend during this period is captured using a bearish price channel (tentative), along with the 50 and...

Coin_Analyst

Conclusion for today’s EOS technical analysis: Lack of a close below the 3.31 price level implies a weakening of bearish strength and therefore bullish upside potential in EOSIO (EOSUSD). EOS price chart presented today is a 4 hour time frame with market action from June 1, 2019 till date. A dominant downtrend can be observed using the 200 Moving average, as...

Coin_Analyst

Conclusion for today's EURCAD analysis: Price closing above ~1.48706 implies an increase in bullish strength. Price action over the past 8 months is presented in today’s EURCAD analysis from December 27, 2018 to current date. A downtrend during the aforementioned period can be observed on the 6 hour timeframe. The 200 moving average (MA) is also indicated as...

Coin_Analyst

Conclusion of today’s Bitcoin technical analysis: Price closing below ~8,883.35 implies more downside action in Bitcoin. A candlestick chart (log scale) of Bitcoin is provided on a Daily timeframe. Analysis focuses on the uptrend in price that started from the December 17, 2018 price low to current date. A bullish trendline is used to provide perspective for the...

Coin_Analyst

Conclusion for today’s USDCAD technical analysis: Price closing below ~1.31783 implies further downside in the USDCAD. USDCAD chart is presented in today’s analysis on the 6 hour timeframe. Focus is mainly paid to chart patterns in the USDCAD that can be used as a guide in understanding future price development. The bullish channel in the USDCAD that lasted over...

Coin_Analyst

Conclusion for today's Peercoin (PPCBTC) analysis: A close above ~~0.00011711  implies resumption of bullish momentum in Peercoin. Peercoin analysis for today is carried out on a 6 hour timeframe chart using a log scale. Historical data going as far back as November 2018 till current date is shown on the chart with the major downward trend. Two major trendlines...

Coin_Analyst

Conclusion for today’s Ethereum analysis: Price closing above ~246 is bullish for Ethereum price. Ethereum price analysis for today is carried out using a log scale on the Daily timeframe. A candlestick chart is used with price action displayed from the January 2018 to current date. The previous bearish trendline in Ethereum is indicated on the chart prior to a...

Coin_Analyst

Conclusion for today’s USDCHF analysis: Price closing below 0.95348 implies more selling with price targeting 0.91900. USDCHF analysis is carried out using a candlestick chart on the 6 hour timeframe. Over a year of price action is displayed on the chart starting from February of 2018. A rising wedge (diagonal) pattern is used to capture the meandering price...

Coin_Analyst

Conclusion for today’s Bitcoin Cash Analysis: Price closing below ~303.31 implies further downside in Bitcoin Cash. Bitcoin cash technical analysis for today examines the cryptocurrency on a Daily timeframe using a log scale. Price action from July 20, 2018 till current date is presented with the period including the previous downtrend in Bitcoin Cash that...

Coin_Analyst

Conclusion for today’s Cardano analysis: A close above the upper boundary of the wedge that captures ~0.00000599 implies resumption of a bullish price swing. Cardano analysis for day is carried out on an intraday (6 hour timeframe) that shows price action from September of last year till present date. The complex, inverted head and shoulders (or complex head...

Coin_Analyst

Conclusion for today’s Zcash Analysis: Price closing above ~69.26 implies resumption of a bullish price swing in Zcash. Zcash analysis for today is presented using a 6 hour timeframe (log scale) bar chart. Over 5 months of price data is shown on the chart from February 2019 to current date. The bullish move in Zcash from the February 06, 2019 low reached a...

Coin_Analyst

Conclusion for today’s Peercoin price analysis: A retracement back to 0.32 or 0.24 is expected in Peercoin prior to the resumption of bullish momentum. Peercoin price analysis for today is carried out on a Daily timeframe using a log scale. A price peak of 9.00 on January 13, 2018 (not shown here) was followed by a dominant bearish move trend that seems to have...

Coin_Analyst

The Daily timeframe chart of the NASDAQ ETF (QQQ) is presented on a Daily timeframe with price action coverage from December 2018 to Friday market close last week (August 02, 2019). The overlapping price pattern from June 17, 2019 to June 30 is interpreted as a rising wedge pattern in the QQQ. A break below the rising wedge on July 31 implied confirmation and...

Coin_Analyst

Conclusion for today's Cardano technical analysis: Price successfully testing ~0.045479 provides opportunity for bullish strength in Cardano (ADA). A Daily time frame (log scale) candlestick chart is used in today's Cardano analysis. Over 9 months of price action is presented which includes price swing downwards that reached a climax on December 07,...

Coin_Analyst

Conclusion for today’s EURCAD analysis: A break above 1.48066 implies bullish strength and therefore higher prices to be expected. The 4 hour timeframe candlestick chart is presented in today’s EURCAD analysis with focus on price action from December 31, 2018 to date. The duration mentioned above has seen the trend change from downwards to sideways, leading to...