BNB bottomed out at $14.5 and it is starting to recover again. After a huge fall in 4 months from $40 to $14, the coin starts showing signs of reversal.
The coin has retraced enough to be considered cheap, and the current support is strong enough to support the price and start a new upwards trend.
Fundamentally, Binance keep adding more and more new features...
The altcoins come back to life afte 1 months of continuous falls.
While $BTC only increases 0.76% today. Other alts like $XRP, $ADA and $ETH rise 14.34%, 7,49% and 9.45% respectively.
The altcoin that has increased the most today has been Ripple with an astonishing 14.4%. The support $0.25 has proved to be strong enough to resist any attack frmo the bears. This...
Bitcoin is forming a very large descending triangle, and has been doing it for more than 3 months.
Usually, descending triangles break downwards strongly. This is based on historical data. Now, if we look at the Bitcoin chart, it is very likely to get a larger pullback to $8,500-$8,750 due to the exponential increases had in June.
From The Copilot trading group,...
Sharp bearish move in BTC.
Bitcoin couldn´t overcome $11,000 and has moved to the support $10,100. Usually, these bearish pumps are made in two legs. The first one has been executed and we could see further falls.
The market remains very bearish and the price could test $9,400.
XLM, as many other altcoins has been heavily punished by the alt bear cycle. Now, the Stellar Lumen is in an important level in which it has to decide whether it stops falls or attacks the next resistance.
As the chart shows us, the gap hasn´t been closed yet. This can add further bearish preassures to the prices. Gaps usually drive the priec up or down to close...
A boring Bitcoin has recently taken over the crypto market. Low volatility and ranging prices during the last 3 days that haven´t left much room for many trading opportunities.
Currently, the price is consolidating the support at $9,400. If it shows to be solid enough, we can see new increases to $10,100 and $10,600. However, if the volume doesn´t support the...
Bloodbath in BTC, but still in the upwards trend line.
Still too soon to take long positions, but if this line is solid enough, we will see great opportunities. On the other hand, if bears keep taking place, we can see falls to $9,000.
Patience and if that upwards trend acts as a good support, get ready to take long positions.
BTC keeps retracing. This is good.
Looking at a 4 hours chart it still could retrace even longer.
- 1st Buy zone: $11,000. Where it currently is.
- 2nd Buy zone: $10,000. Potential strong resistance.
A lot of investors are keeping a close aye in these 2 levels to load their wallets with Bitcoins and the strongest alts.
After the latest increases in the...
$BTC not showing enough strength to break $12,000 in its next move.
Very likely a new pull-back will take place, then buyers are likely to appear again, making the price brek 12k.
Currently taking positions in some altcoins frmo BTC to trade the following pull-back. After this has reached $11,500, we will be redy to go long frmo USDT.
Bitcoin apparently has already performed he pull-back, closed the breach and continues its way up. It broke with a lot of volume and low upper wick the resistance at $8,000. Afterwards, it headed straight up to the next resistance at $8,200 and it putting a lot of pressure in it.
The next resistance is $8,330. Very possibly, it will touch it and retrace quickly....
Ethereum has been one of the most capitalised coins that has risen the most since the last month of May. In less than 1 month it rose from $150 to $288. Incredibly, it almost doubled. It rose 93%.
Since it made its one year maximum at almost $290, it has been trending down, as most of the crypto market. This pull-back is considered for the crypto community as the...
Bitcoin moving up and down in this 1,000 points range. The Copilot expects BTC to be inside this range during this week.
Currently, it is moving downwards and very likely will test levels around $8,200 and $8,100. A "boring" week and difficult to trade is upcoming. We might remain patience this week, and for those range traders, trade carefully, wait for key...
Bitcoin has just caused a 1000 points range. Super high volume levels at $9,000 and $8,000 that, very likely, will produce a range.
What does it mean? The price very possibly will bounce between $9,000 and $8,000 until high volume levls close to these support and resistance will break any of those levels.
No doubt, if the breakout is finally upwards, the bullish...
Bitcoin atacking new levels again. For the last 18 days it has been a non-stop of new records. Currently, the price has reached $8,940, which is the highest point in the last 10 months. Last time that it was seen was in July 2018. A while back.
Now, after the pump the price is resting and performing a pull-back. Very probably it will go again back to $8,560 and...
BTC broke the key resistance at $8,000. It broke it with a lot of intention since the candle is long a with small wicks. It the volume is very low in the pull-back, we can expect another increase to $8,130 and even further rises to the las 9 months maximums at $8,250.
Shorts are expected now and after the pull-back (it is is done) long positions with the 1st take...
Fourth symmetrical triangle in 10 days. Decreasing maximums and increasing minimums take place making the price converge towards one point.
At the moment, all of them have broken the triangle upwards. However, this ocassion can be different. The Bitcoin price has been continuously making lower maximums since May 15th, regarding the minimums they haven´t been...
The accumulation area is characterized by mostly sideways price motion and is seen by investors as indicating a potential buying opportunity. An asset in an accumulation area might be about to breakout.
We have been having a sideways market since November 2018 until the end of March. This sideways market has shown a higher average volume than during the...
After the last week´s bull run, the expected pull-back has taken or is taking place.
The Bitcoin price increased around 40% in a few days and half of this rise has already gone down, performing a pull-back that had to happen to consolidate the end of the bearish channel that has lasted 18 months.
Now, the price is making the third triangle in matter of 5 days....