The currency pair fluctuated below the local ascending trend line and above the support area at $214. However, several hours ago we have seen a Shooting Star candlestick pattern, indicating the beginning of a decline. Monero went below the support area at $214 and moved towards the next support at $204, where it is fluctuating at the time of writing. The Ichimoku...
Litecoin followed Bitcoin in its fluctuations as the currency pair stayed close to the ascending trend line and the support area at $146. However, it started to decline several hours ago indicating the beginning of a correction. The currency pair has almost reached the support area at $138, but was unable to test it. The Ichimoku cloud is almost invisible here and...
Bitcoin followed the third scenario as the price fluctuated along the ascending trend line. BTC/USD started a correction a couple of hours ago and reached the next support area at $8,527. The price is testing this area at the time of writing. The Ichimoku cloud is almost invisible here and there is no need to pay attention to the indicator’s signals. The possible...
The currency pair have tested the local ascending trend line from below but failed to jump over it. The test of the resistance area at 68 was also unsuccessful. The currency pair have tested the local ascending trend line from below but failed to jump over it. The test of the resistance area at 68 was also unsuccessful. NEO jumped off those lines and even tried to...
Monero had lower liquidity during the Asian session demonstrating several price gaps. The currency pair moved above the local ascending trend line during the American session, but then fell below it and even managed to cross the support area at 214. However, bears were unable to change the situation significantly as XMR price jumped off the midterm descending...
Litecoin went above the ascending shor- term trend line during the late American-Asian session but failed to develop its progress. LTC price almost reached the resistance area at 153 level but then we have seen a Shooting Star reverse candlestick pattern. Litecoin returned to 146 support area where it fluctuated until the moment of writing this review. Litecoin...
Bitcoin demonstrated no significant fluctuations during the late American and Asian session. The currency pair jumped above the local ascending trend line within the American session and tested it later. Here lies the support area at $8,695 which also holds BTC/USD from declining below. Bitcoin reached the resistance area at $8,890 during the late US-Asian...
The currency pair attempted to test the ascending trend line, but failed even to make a fakey and still stays below the mid term trend line. However, the good news for bulls is that NEO/USD is above the Ichimoku cloud. There are two main scenarios for the currency pair: NEO/USD crosses both mid term descending and short term ascending trend lines and the...
Monero is trading below the ascending trend line, but above the descending mid term trend line, meaning the bulls have almost gained the momentum and have the opportunity to change the situation. XMR/USD is above the Ichimoku cloud and crossed two levels within several hours, indicating serious intent. The main two scenarios for the next 8-10 hours are the...
Litecoin looks rather optimistic as the price managed to rebound off the support area at $138, crossed the Ichimoku cloud and the local ascending trend line and finally, jumped above the resistance area at $146. LTC/USD is above the local ascending trend line meaning the price returned to the uptrend in the short term. There are two main scenarios for Litecoin at...
Bitcoin tested the support area at $8,373 during the European session and bounced off the line. The price has broken through the resistance area at $8,529 and moved above the next resistance area at $8,697. BTC/USD is above the local ascending trend line, meaning the upside tendency is likely to resume. The currency pair is above the Ichimoku cloud as well. All...
The currency pair went along the ascending trend line during the weekend following its allies. NEO/USD entered the Ichimoku cloud and tested its upper border (and even crossed its for a while). However, later, NEO went downwards outside the Ichimoku cloud, crossed it again and reached the support area at 62. NEO price has also tested the midterm descending trend...
Monero followed the other allies on the weekend as the price went along the local ascending trend line. XMR/USD entered the Ichimoku cloud and reached its upper border. However, the Ichimoku cloud prevented Monero from fluctuating higher and the price declined towards the lower border of the formation first and then left it crossing the lower border. Altcoins are...
Litecoin follows Bitcoin as the price has crossed the descending trend line on Saturday and then went slightly upwards along a new local ascending trend line that we have drawn recently. LTC/USD managed to cross the upper border of the Ichimoku cloud unlike Bitcoin but then started to decline. Litecoin has broken through the ascending trend line recently and is...
Bitcoin has broken through the short term descending trend line on Friday and retested it later. Then BTC/USD jumped off this trend line and started to grow slowly with wide range fluctuations allowing to earn both bulls and bears. We have drawn an ascending trading line, which supported the price during the weekend. The currency pair entered the Ichimoku cloud...
The currency pair followed its allies and went downwards during the American and Asian sessions. NEO/USD left the Ichimoku cloud and crossed a couple of levels including descending trend lines on the hourly and daily charts. There was a long-tailed Hammer pattern a couple of hours ago meaning the currency pair is likely to start a correction. The currency pair is...
Monero fell below the descending trend line confirming the downtrend. Monero price crossed the Ichimoku cloud during the American session and a couple of support line within the Asian session. XMR/USD is below the support line at 214.54 area. We think that Monero is going to test this level in the next couple of hours. The currency pair looks to start a correction...
There was a bad day for Litecoin bulls as well as LTC/USD started to decline during the American session and developed the local downtrend during the Asian session. LTC price crossed the lower border of the Ichimoku cloud, the support line, residing at 154.14 area, and the descending trend line, confirming the temporary change of trend. The situation is...