Bitcoin Price Reattempting $250
Bitcoin price is pushing higher in a typical impulse wave pattern. The $240 and 1550 CNY level is offering "resistance" due to nervous profit taking near the previous local high. A trade entry suggestion. 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: 15h26 UTC. OKCoin 3Mth Futures 15-Minute Chart. From the analysis pages of xbt.social, earlier today: Our initial target has been hit squarely, and intermittent Fib extension levels imply....
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Bitcoin price has pulled out of its downward correction but is now in a twilight zone between the advance high and a potential trend breakdown. How now? Let the market show the way. Price has completed a three-wave pattern that could spell the end of a corrective advance since yesterday’s bounce. If price continues lower, then the 1-hour 200MA (red) will be a target. This level was touched in some exchange charts, but not yet in the Bitstamp chart. Below it lies the $550 level where a Fib line should offer support. If price forms another wave to the upside then the present move is unlikely....
Bitcoin price is reattempting a move higher but the progress is slow and both technical and sentiment analysis shows a bearish mood in the chart. Yesterday’s technical analysis concluded that the outlook for bitcoin price is bearish while it fails to break above the prevailing resistance ceiling (blue down-sloping line in the chart). Ongoing analysis is informed by the position of price in relaiton to this ceiling: if the market can successfully trade price above it, we can expect continuing advance. As long as price remains below it, we can expect another series of lower lows. Mood....
The Bitcoin Price has continued its East-by-Northeast trajectory into month-end before declining to retest week-long support near $400. The US Commodities Futures Trading Commission (CFTC) has announced that it will be holding a meeting on October 9 to discuss its jurisdiction in relation to Bitcoin. Update 13h00 UTC. Trade is continuously attempting the 100-period moving average from below in this 15-minute Bitstamp chart. Will it get through? The indicators imply not in the current wave: MACD is going into reverse divergence (which will force a downward correction) and RSI is showing the....
The Monacoin price had a terrible week. The "Japanese Dogecoin" saw its price fall by more than 20%, including more than 10% in the past day alone. However, the Monacoin price has historically been very volatile, and the recent price decline is not an unusual occurrence. CCN examines this altcoin price movement. Also Read: Dogecoin Price Rocket-ship Runs Out of Fuel. Monacoin Price Falls. The Monacoin price as 17,725 satoshis on October 9. The next day, it rose slightly to 18,930 satoshis. That mark would prove to be Monacoin's weekly peak. On October 11, the Monacoin price declined to....
Bitcoin, among other coins, saw both an increase in price followed by a hefty decrease in price shortly after. Bitcoin broke $300 after nearly a month of steady price gains. Unfortunately, the price was not able to stay there for more than a couple of days and since then price has fallen. While the price has attempted on multiple occasions for reentry into $300, the highest Bitcoin has been this week $294. Price has continued to decline and seems to be hovering in the upper $270’s as of right now, equating to a 4% decline for this week. With a current price at $276.95, and 24-H volume of....