Bitcoin Price Breaking $25k Resistance Will Push These 3 New Cryptos to The Moon
Bitcoin’s breakout – if it can manage to break through the $25,000 resistance – could send several new altcoins to the moon given their low market cap. Let’s examine them in detail to find out their potential. 3 New Cryptos set to go to the Moon 1. Battle Infinity Battle Infinity is a hot new […]
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Bitcoin price achieved $450 (Bitstamp) and 2900 CNY (BTCC) overnight. Since then price has entered a pullback that appears incomplete at the time of writing. A strange advance that is not yet surging above the long-term resistance it has just broken (grey trendline). The expectation was that the slow push higher would turn parabolic on the successful push through resistance at $430 (Bitstamp). In the 4-hour timeframe, RSI is reverse diverging to the December high and the advance must now push through a supply level that has been in effect since November of last year. Although the slow....
Bitcoin price has broken the key psychological level of $1000 on Mt. Gox and pushed above $900 on Bitstamp. The Bitcoin price is exploding right now! Possible reasons for the push are mentioned elsewhere on CCN. As can be seen above on the daily chart, a long green candle is forming on the 5th day of consecutive gains. This is good news for all of us with long positions. I added the final portion to my long position on Friday the 3rd as the Bitcoin price cleared the key $800 Support / Resistance level. As price has also blasted through the 76.4% Fibonacci line (dark blue), I see no obvious....
My working chart, showing Bitcoin price candles, grey volume bars, fractal highs(^) and lows(v), trendlines, support / resistance levels, Fibonacci retracement levels, MACD indicator and Moon Phases. I've discussed the use of all the indicators and line studies on my chart in previous articles, particularly this one. The only new addition this time is Moon Phases - note the two white full moons and two blue new moons in close proximity to price. Moon Phases show the extremes of the moon's waxing / waning cycle. I've included them as these lunar periods marked the last three significant....
Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]
The price of Near Protocol (NEAR) showed bullish signs of going higher to a region of $6-$7, but the price was rejected back to its support area, where it has found high demand for its price. Bitcoin (BTC) and Ethereum (ETH) all saw a relief bounce from their monthly low, leading to altcoins like Near Protocol (NEAR) having a measure of relief bounce. (Data from Binance) Related Reading: This Indicator Predicts Probable Bearish Trend Ahead For Ethereum Near Protocol (NEAR) Price Analysis On The Weekly Chart The price of NEAR showed some great bullish strength after breaking above its....