After hitting all time highs close to $20,000 USD on 12/7 and 12/16, it appears that Bitcoin has been in a bear trend. It had a major support area at around the $12,800 USD mark, testing it multiple times from 12/30-1/11, until it broke this support and dipped all the way down to the next major support area at around $9,000 USD yesterday (1/17). The last time it...
What an amazing run for NEO the past month! Congratulations to anyone that made some amazing gains (~600% gain from 12/8 low to the high of 1.3 m satoshi today) HODLING. Although, it seems as though this bull run could retrace back down to the next major resistance turned support at around 864k satoshi, as NEO has hit a double top at the 1.3 m satoshi level. ...
After hitting all time highs on 12/7 and 12/16 at around $20,000 USD and retracing ~35% , it seems as though the BTC bear trend continues. The last peak was attained on 1/6 at around $17,300 USD , which was a lower high than the previous one. In addition, it appears as though there is a descending triangle forming (lower highs, equal lows) with a strong support...
As expected, $ZCL continues its consolidation period after experiencing a massive bull run the past ~30 days. The price is still testing a major support at around 1.1m satoshi, and if it breaks through this support, it is safe to say that it can drop down to the next major resistance turned support at around 800k satoshi. As of now, the volume on Bittrex has...
After hitting a high at around $17,000 USDT on 1/6 and forming a double top pattern, $BTC has dipped to a low at around $13,300 USDT on 1/8, and has now appeared to form a double bottom at around the $14,100 USDT mark (1st Major Support). The dip can most likely be attributed to the recent removal of premium South Korean crypto prices from CoinMarketCap, and FUD...
The correction for $ZCL continues, as the price hit a low of 1.14m satoshi today (11% drop in price), although it appears that many "bought the dip," as can be seen by the buying volume spike at the dip. The 200 SMA acted as a support during this drop, and I expect there to be further consolidation pending further news on the $BTCP fork. RSI is around 35,...
ZCL had an amazing run since the announcement of the $BTCP (BitcoinPrivate) hard fork (for further details on the fork please see btcprivate.org), shooting the price up from $2 mid-December to a high of ~$245 on 1/7. As can be seen, there was a healthy correction today, with the ZCL/BTC price decreasing 28% to hit a support at around 1m satoshis. In addition,...
