TA: Bitcoin Corrects From $40K, Why $35K Could Protect Losses

TA: Bitcoin Corrects From $40K, Why $35K Could Protect Losses

Bitcoin price surged above the $40,000 level before correcting lower against the US Dollar. BTC traded below $38,000, but it is likely to find a strong support near $36,500 or $35,200 Bitcoin extended its rally above the $38,000 and $40,000 resistance levels. The price started a downside correction from a new all-time high at $40,400, […]


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TA: Ethereum Corrects Losses, Here’s Why $2,300 Is A Major Hurdle

Ethereum started a sharp downside correction below $2,400 and $2,300 against the US Dollar. ETH price is correcting losses, but it is likely to face sellers near $2,300. Ethereum declined heavily from well above $2,400 and tested the $2,000 zone. The price is now trading well below $2,300 and the 100 hourly simple moving average. […]

TA: Bitcoin Corrects 10%, Why BTC Could Extend Losses

Bitcoin price started a major downside correction and it traded below $55,000 against the US Dollar. BTC is showing a few bearish signs and it could extend losses towards $52,000. Bitcoin started a major decline and it broke the $58,000 and $55,000 support levels. The price is now trading well below $58,000 and the 100 […]

TA: Bitcoin Price Starts Corrective Decrease, Can Bulls Protect Losses

Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000 before it faced sellers. The price is trading near $42,750 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $43,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but dips could be limited below the $42,000 level. Bitcoin Price Corrects Gains Bitcoin price extended increase above the....

TA: Bitcoin Corrects To $35K, Why BTC Could Start A Fresh Increase

Bitcoin price started a downside correction after it broke $39,000 against the US Dollar. BTC tested the key $35,000 support and it is currently consolidating losses. Bitcoin started a downside correction below the $39,000 and $38,000 support levels. The price is now trading well below $38,000 and the 100 hourly simple moving average. There was […]

Dogecoin Price Technical Analysis - Sell Rallies

Key Highlights. Dogecoin price broke down and cleared an important triangle support area recently. A new weekly low was formed around 57.5 Satoshis where buyers managed to protect further losses. 100 hourly simple moving average was also breached, which might now act as a resistance for buyers. Dogecoin price traded lower, and cleared several support areas, suggesting that more losses are possible moving ahead. Downside Moves. Yesterday, we highlighted a triangle pattern, which we were expecting to break and pave the way for the next move. There was a break noted, as sellers managed to....