TA: Bitcoin Prints Bullish Pattern, Here’s Why 100 SMA Holds The Key
Bitcoin price dived below $30,000 before it started a major recovery against the US Dollar. BTC is back above $32,000, but it must clear the 100 hourly SMA for more gains. Bitcoin extended its decline below the $30,000 support zone before it started an upside correction. The price is now trading close to the $34,000 […]
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Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls. The chart shows that over the past few months and even stretching into 2018, the high-$300s were an important level for Ethereum to hold. The […]
Ethereum is gaining bullish momentum above $375 against the US Dollar. ETH price is showing positive signs and it might even climb above the $385 resistance. Ethereum started a fresh upward move after forming a support base near $368. The price is now trading well above the $375 level and the 100 hourly simple moving […]
Bitcoin price remained stable above the $17,500 support against the US Dollar. BTC is showing bullish signs and a close above $18,200 could start a fresh surge. Bitcoin formed a support base near the $17,380 level and climbed higher. The price is now well above the $17,500 level and the 100 hourly simple moving average. […]
Bitcoin price started a fresh increase from the $32,250 support zone against the US Dollar. BTC must settle above the $35,000 resistance to move further into a bullish zone. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading above the $34,000 support and the 100 hourly simple […]
Ethereum is showing positive signs above the key $355 support against the US Dollar. ETH price could accelerate higher if it clears the $365 resistance zone. Ethereum is slowly rising and it is now trading well above the $355 support. The price is currently testing the $362 resistance and is above the 100 hourly simple […]