Bitcoin Price Advancing Slowly - Or Is It?

Bitcoin Price Advancing Slowly - Or Is It?

Bitcoin price has bounced from the recent low and is meandering with no clear direction - now up but with so much zigzagging - and then lower but the sellers don't have the stones to do what they really want in the chart. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 13h29 UTC. Bitstamp 1-Day Chart. From the analysis pages of xbt.social, earlier today: The 1-day Bitstamp chart shows price trading under a bearish 20MA (green)....


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Bitcoin Price Finds Intermediate Support

Bitcoin price is holding to a previous chart structure after finding support near 2900 CNY and $440. The 1hr 200MA has provided the support discussed in yesterday’s analysis. Currently price is holding an advancing line around the advancing Fib line that has defined price action for the past several weeks. Although the chart looks to be advancing we await a Buy signal before opening any position in the chart.

Bitcoin Trading Cautiously Approaching $300

Bitcoin trading has price straining to gain altitude. Advance is following an upward trajectory but the wave pattern is choppy - indecisive trade for the most part but with small surges that, at least, push to new highs. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h40 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price is advancing with difficulty, but is slowly making progress along a cautious....

Litecoin Price Technical Analysis for 18/2/2015 - Advancing Slowly

Litecoin price advanced slowly yesterday towards the north to score a high of around $1.90 on its way to the $2.35 resistance level. It seems that the bullish wave is going to continue on today to attempt to test the 62% Fibonacci retracement level at $2.35. By studying the 4 hour Bitfinex (LTC/USD) charts from tradingview.com and plotting the William's Alligator indicator accordingly (look at the below chart), we can better understand the pattern of the uptrend that was ignited on the 16th of January. The following can be observed by studying the chart: The moving averages of the....

Bitcoin Price Advances Above $500

Bitcoin price continued advancing strongly and cleared $500 with minimal effort yesterday. Sunday trade has been mostly corrective, but there is no strong sign that the advance is over. Bitcoin price has advanced beyond $500 across all exchanges and we now expect price to make its way toward $550 and react to this strong support and resistance level. The current level of price, just below $525 (blue horizontal line), had acted as support and resistance during 2013 and 2014. We could, therefore, expect the market to grapple with this level before advancing to $550 (orange). Like most price....

Bitcoin Price Trading Sideways For Third Day

Bitcoin price has been ticking sideways in a narrow range for days. The more time passes the more uncertain the next move becomes. These are market conditions that should not be traded, and for those that must, namely CoinCompetition entrants, its no mean feat. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h57 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The advancing wave in the center of the....