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....
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Here's a look at what we are focusing on in the bitcoin price this evening. That’s another day out of the way in Europe, and despite what we said we’d be hoping for heading in to the session early morning, thing’s haven’t worked out that well. The bitcoin price seems to be stuck in a sort of sideways trading pattern right now, and it’s not even trading sideways at or near a key psychological level (say, a 00s). This means that we’re essentially stuck in a loop of up down, range bound action, until something happens to initiate a breakout. This something is almost always fundamental, and....
Bitcoin price exhibited sideways movement as we approach the $200 support level. Although chart analysis is in favor of a price advance in the near future, low trading volumes and uncertainty of traders has led to today's sideways price movement. By looking at the 1 hour Bitfinex (BTC/USD) charts from tradingview.com (look at the below chart), we can notice the sideways movement of bitcoin price during today's trading hours. The price seemed to oscillate between $220 and $230 without a definable trend. The low trading volume today reflects uncertainty of a large percentage of traders who....
According to VeChain pricing analysis, VET prices have been moving sideways over the last few days. VET prices moving sideways as seen in the past few days VeChain price fluctuating in the $0.02 and $0.027 range VET price is down by 0.5% Nevertheless, because the prices have been trading above the crucial support level of $0.02412, there has been a minor bullish bias in the prices. At $0.02474, the prices are now being rejected. As of this writing, VET is trading at $$0.02491, down 0.5 percent in the last 24 hours. It turned out that the low volume breakout was a fakeout. As a result, the....
The bitcoin price did stay below $220 for a while today. Some big buy orders pushed the price back up and the BTC/USD is currently struggling to stay above the $220 level. Bitcoin price trailing sideways again. In the meantime, the volume has been slowly drying up as the trades executed in the last 24 hours didn't even surpass the $15m barrier. It's clear enough that the resistance at $220 wasn't strong enough to keep the price above this level. Some huge sell orders caused BTC/USD to trail sideways for several hours. More bearish activity is to be expected despite the few seemingly....
The Darkcoin price has dropped 0.15% against Bitcoin in the last 24 hours, while it has surged 2% against the USD. Like my fellow Dr. Tamer Sameeh predicted in the previous DRK/BTC analysis, the Darkcoin price continued to trend in a sideways consolidation in absence of enough trade volume. At press time, his prediction seemed to have extended into the March 9th trading session. Darkcoin Price 1H Cryptsy Chart. We have drawn two separate trendlines to indicate the constantly developing congestion in the Darkcoin-BTC market. The same could be indicated by the strictly parallel upper and....