UnknownUnicorn1224155

UnknownUnicorn1224155

Double wedge breakout soon

UnknownUnicorn1224155

Double wedge breakout soon

UnknownUnicorn1224155

Bitcoin in uptrend channel - UPDATE

UnknownUnicorn1224155

Bitcoin in uptrend channel

UnknownUnicorn1224155

IOTA is going Strong

UnknownUnicorn1224155

It was an amazing week for bitcoin price as it moved above the $10,000 and $11,000 levels against the US Dollar. The upside move was very strong and the price traded as high as $11,386 before it faced sellers. The price corrected sharply lower, but downsides were limited by the $9000 level. There were strong bids near the mentioned level $9000, and the price...

UnknownUnicorn1224155

Bitcoin rallied again against the US dollar, as we are approaching the $11,000 level. At this point, anytime you get a pullback in the market there seems to be buyers. I would anticipate that the “floor” is probably the $9,000 handle. We are most certainly entering some type of mania at this point, and impulsive phase. Because of this, make sure that you have stop...

UnknownUnicorn1224155

DASH continue to go sideways during the day on Friday, as the markets seem to be settling on the $550 level. I believe that ultimately we will find buyers, but we may need to pull back slightly in order to offer value. Currently, I believe that the $500 level is going to offer a bit of a “floor”, but eventually we will break above the $600 level and continue to go...

UnknownUnicorn1224155

Litecoin pulled back during the trading session, but found enough support to rally and reach towards the highs again. I think Litecoin continues to be a “buy on the dips” market, and that we will eventually go looking towards the $80 level. The $70 level below offers significant support, and I think will continue to be an opportunity for buyers to pick up value if...

UnknownUnicorn1224155

There were good gains in bitcoin gold price above the $320 support against the US Dollar. The price gained traction and broke a few important resistance levels like $340 and $350. It even moved above the $400 level and traded as high as $419.20 from where it started a downside correction. BTG declined below the 38.2% Fib retracement level of the last wave from the...

UnknownUnicorn1224155

We are about to get things underway for a fresh week of trading in the bitcoin price and we are entering the week on something of a high given that price currently sits in around the $10,000 mark. This is a major psychological and technical threshold and – if it is reached – we will no doubt see some volatility post break based both on the fact that many people...

UnknownUnicorn1224155

Earlier today, on November 8, the bitcoin price recovered to over $7,400 after dipping briefly below $7,000, as the market continued to show support for the original bitcoin blockchain over SegWit2x. Over the past few months, the conflict between SegWit2x supporting businesses and the bitcoin community has been portrayed as a battle between small block supporters...

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Welcome to the DANGERZONE

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Bitcoin has posted further all-time highs of almost $5800 after climbing $1000 in 24 hours. When resistance came at $5200, prices remained above the significant boundary before continuing to new heights never before seen. BTC posted a new high of $5798 in the early hours of Friday. Major rallies have traditionally been accompanied by downward corrections, albeit...

UnknownUnicorn1224155

We aproach the strong resistance on 5000$. If we can break this line its very likly to see the bullrun way higher. If we bounce from 5000$ resistance this will be a good time to take some profits from your possitions.

UnknownUnicorn1224155

The Chinese government will likely resume cryptocurrency trading in the upcoming months with necessary Know Your Customer (KYC) and Anti-Money Laundering (AML) systems in place. Earlier this week, Xinhua, the state-owned news publication of China, revealed that the Chinese government is concerned with criminal activities surrounding cryptocurrencies such as...

UnknownUnicorn1224155

The upward movement of Bitcoin price coupled with a bullish relative strength index (RSI) and the directional movement index (DMI) show that Bitcoin can regain its high of $4,692 and possibly, hit back towards its record high of $5,000. It remains to be seen, however, if this will be the case in the coming weeks.

UnknownUnicorn1224155

If the price follows a negative scenario, one should watch the trend line and volumes around potential entry points. The trend line breakdown is unlikely, thus buys along the line with good stop is the best strategy in case of a negative outcome.