Traders Blog - Analysis, Strategies, News and more: Tag - ethereum
Bitcoin back above $30,000 – about to reverse the downtrend!
Bitcoin retreating slowed last week and the crypto major consolidated in a narrow range around $30,000. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to reverse if the price breaches above $30,...
Bitcoin still testing Fibonacci 23.6!
Bitcoin fell below $41,450 last week and was unable to retrace back above Fibonacci 23.6. Bulls were unable to wrangle away the control of crypto markets from bears. A glance at the Bitcoin daily chart reveals the bullish trend has reversed. The pric...
Crypto Market overview - Bulls preparing to jump?
Almost 10K lose, but 38K is strongly supporting.Starting from the last days of March, BTC and the overall downtrend in the cryptocurrency markets started. For BTC, $48,220 was the latest peak, and $39,200 was the latest low. Bears in the decline that...
Bitcoin at Fibonacci 23.6 – Will $41,450 Be Breached Too?!
Bitcoin fell below $46,670 last week and is testing the Fibonacci 23.6 as bears took control of crypto markets. A glance at the Bitcoin daily chart reveals the bullish trend has not reversed yet. However, if bears maintain their hold on crypto market...
Bitcoin Poised to Break above $41431!
Bitcoin is poised to breach above the Fibonacci 23.6 resistance level. It looks the momentum is on bulls’ side and Bitcoin will breach the resistance at $41431, and we will be watching this week how Bitcoin rises to test the next resistance at Fibona...