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Bringing you the daily dose of simple Technical Analysis. Today we see Bitcoin moving in correlation with the market (EURO and US indexes). We have been enjoying an uptrend since March due to the uncertainty coronavirus has brought us. This uptrend has been rather steep earning us about 250% from the bottom of 4000 and also completing the Elliott Triangle...

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BTC is following a slow downtrend after it's rebound from the China Exchange FUD and comments from prominent figures. As we can see BTC bounced off the first support line after the BTC dump when China FUD started spreading. It then traded around 3850 to 4100 respecting it's downtrend line. From here we can see MACD for 4hrs are entering the bearish zone since BTC...

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I believe we have all came to an understanding that no matter how much TA u do, Bitcoin is always manipulated by news. Right now, bitcoin market is under lots of speculation and doubt as it has been attacked by lots of FUD from prominent figures and regulations in countries. All these shows how much Cryptocurrency have been capturing the attention of the world,...

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First of all, NXT in Q4 has lots of positive sentiments that will result in an increase of overall value. Of course, for any coins to go up in value we must have stability (No BTC drama, ICO bans) in the market. Since upcoming news aren't really NXT news, we can expect proportional upward momentum as Ardor makes headline and rise in price exponentially. To...

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I am predicting a dip for ETH/BTC as 1hr RSI continue to show that it's moving towards the oversold area. I am predicting another this dip to finish the double bottom formation before a bullish outlook comes into view. This is because of the falling wedge in the red rectangular border which results in a fail breakout. This just means it will have a further pull...

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First, ETH due to Bitcoin pump and a few days of instability has resulted in a inverse head and shoulder pattern. This pattern would have allowed ETH to go up in price because of trend reversal. However, BCH(bitcoin cash) has to stop the uptrend momentum and market moves their money over and doubled BCH price. Therefore, the curve of ETH/BTC trend that I have...

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As btc starts to slow down and stabilize, and ETH metropolis news right ahead into September. This few days period of accumulation for alt coins will start before the price of these alt coins start to soar days before the month of August comes to an end. However, as more people move to ETH and with the uncertainty of the upcoming bitcoin2x fork, alt coins will...

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Hi, I am a beginner in crypto trading and this is my first post. Please comment and let me know your opinion as well. Please take this analysis as a pinch of salt, this analysis is nothing but only for reference. Thank you!