Search: Bitcoin chart

Bitcoinity Down, Chart Addicts Panic

Now more than any time is a crucial time for chart-watchers everywhere. Bitcoinity is down, as far as we can tell - and a quick scan of tweets indicates we're not the only one. With the price of bitcoin tanking, many thousands of users are glued to the charts, wondering what the next price move....

Bitcoin Price Approaching Critical Support

Bitcoin Price is still trading sideways without making a new intraday high or low. We consider some longer term chart analysis while waiting for the Bitcoin price to take direction. Bitcoin Price Analysis. Time of analysis: 13h00 UTC. Christmas Season. Bitstamp 4-Hour Chart. A look at the 4-hour....

Bitcoin and Ethereum Consolidation Continues

Not much has transpired in the Bitcoin space since yesterday. There was a minor selloff, but that was not completely unexpected, given that the chart is moving through an arc pair on the daily chart (3rd). I suggested yesterday that the 1.732 extension from the pitchfork would probably hold, and....

Bitcoin Price vs Litecoin Price

Bitcoin has spent 2015 in a sideways consolidation. A look at the Litecoin price chart sheds some light and shows up a lot of noise that had been distracting exchange chart investors for the past 10 months. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here.....

Getting the Most From Your Chart-Viewing Experience

Charts. We bitcoiners love them. When the price starts moving considerably (as we all know it does more frequently than we'd like to admit), our eyes seemingly become glued to watching the action unfold on-screen. Bitcoinity are Bitcoinwisdom awesome options - but what if you could easily make....

Litecoin Price Technical Analysis for 25/2/2015 - Coiling Continues

Litecoin continues to consolidate. In the 1H chart below we see a sideways range roughly between 1.80-1.90. Litecoin (LTCUSD) 1H Chart 25/2/2015. Here are some observations:1) The 200-, 100-, and 50-hour simple moving averages (SMAs) are clustered together. This reflects a market that not only....

The DAO Chart Is at an Important Juncture in Time

Today we will look at an 8-hour chart of DAO. As many here will be aware, it has been relatively lackluster ever since events of last June. There are two distinctly obvious ways to draw a bear setup on this chart. It is very hard, maybe impossible, to know which of the setups is the “best” one.....

Bitcoin Price Technical Analysis – Major Break Looming?

Bitcoin price is showing bullish signs on the lower time frame chart, but the daily chart is pointing towards a crucial break in the near term. Intraday Support Level can be at $374. Intraday Resistance Level may be $380. Bitcoin price remained under a lot of bearish pressure this week, as there....

Bitcoin Value Moving To Reclaim $300

A more complex Bitcoin Price correction today, and no sell-off at 12h00 UTC. Bitcoin price has made a correctional low and if the market wants to run it up from here, the chart is ready for advance. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin....

Bitcoin Value in a Correction Below $220

Bitcoin value per coin has entered yet another correction as the market shows hesitation to push the price higher. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 15h30 UTC. Bitfinex 15-Minute Chart.....

Ethereum Could be Headed for a Selloff

Those of you who read yesterday’s column will recall that the daily chart was looking rather bearish in the short term. Indeed, I ended the article by speculating that I was considering taking a short position in the asset as a result of the chart. So, even though the market has been rather....

Bitcoin Price Watch; Yet Another Dip

Here's a look at what we are focusing on in the bitcoin price this morning. Once again, overnight, we have seen some pretty volatile action in the bitcoin price. For the last couple of weeks, this volatility has become something of the norm, and on a number of occasions, we’ve had to narrow our....

Bitcoin Price Moving Sideways To Go Up

Bitcoin price is engaged in base-building for the next wave of advance. The marke traded price down to our target at $230 in a corrective ABC wave from Wednesday's high. The next wave up should see price targeting $250 and higher. This analysis is provided by xbt.social with a 3 hour delay. Read....

Bitcoin Consolidation Continues

Bitcoin has been held back by the same arc of resistance now for the past 4 days. Readers of my last column will recall that 2 days ago I posted a chart which demonstrated that the 2 arc of the 5th pair was resisting. Though I have hypothesized that an eventual close above the arc is likely in....

Bitcoin Price Plunges to Decline Lows

Overnight, Bitcoin Price made the plunge to long-term support currently near $270. This is an important juncture in the price chart, and the end of decline is finally in sight. Additional decline is possible, and market participants are advised to wait for confirmation that the low has been....

Bitcoin Has Rallied through Resistance

Bitcoin. Bitcoin surprised me this morning with a strong push through resistance on multiple timeframes. As you can see on the daily chart below, price has pushed significantly past the 1st arc on the setup from the 750 low (see red arrow). While technically this is not a buy signal until we....

Ethereum Chart Issues Several Buy Signals

Ethereum is, imho, the play of the day. We have finally gotten a likely close on the long-term daily chart on the sunny side of the 3rd arc. This is not trivial. This development is supported by several other geometric considerations of the chart. For instance, here is a short-term bear setup....

Bitcoin Price At The Final Slump?

Bitcoin price continues slumping as the smaller timeframe chart indicators continue to swing wildly. The chart signals are mixed. The 1hr chart’s indicators have become meaningless as the range of price narrows during apparent ongoing consolidation. The 1hr chart is, therefore, not anything to....

Bitcoin Value, Bitcoin Price Decline on Hold

Bitcoin Price is trading below, but remaining close to, critical support currently rising near $280. Bitcoin Value Analysis. Time of analysis: 15h00 UTC. BTC-China 4-Hour Chart. The longer-term 4-hour chart shows price decisively below both the green 20MA (moving average), as well as the red....

Bitcoin Price Stalled

In the past few days, we advised traders to consider taking profits ~$344. It turns out that the magic number was a few dollars shy of that figure ($338). We also suggested that when the next pullback occurred we could possibly get a test of the long term support line. As I am writing these....

Bitcoin Price Still Going Higher

Bitcoin price has been trading in a relatively narrow range of $320-$334 for the past day or so. I expect that it will break out of this range soon. Overhead resistance had been tested and held on a few occasions, but we broke through that resistance as this article was being written. 3-Day....

Bitcoin Price and Lessons From Japan

The Asian morning session has pulled the Bitcoin price below the weekly pivot level at $476. The question is what the European and US trading sessions will do with today's chart. If the market wants to take a stab at the $412 target, then today presents that opportunity. With each downtick, the....

Bitcoin Price Without a Rudder

Bitcoin price has been spending time meandering around this area of the chart. There are some immediate signals having effect on price, but over all there is nothing to trade at the moment. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member?....

Litecoin Price Technical Analysis for 31/3/2015 - Bearish Control

Litecoin has been bearish since finding resistance in March at 2.14. The 4H chart shows a market that made a price top around 2.00 when it fell below support at 1.97. Since the slide, the market has reached a low around 1.60. ltcusd has broken below the 200-, 100-, and 50-period simple moving....

Bitcoin Price Watch; Reiterating the 600 Target

Here’s what we are focusing on for this evening's session in the bitcoin price. So we are coming to a close of the first day of the week in the bitcoin price market, and it’s time for us to take a look at how action during today’s session has impacted on out strategy. Further we need to address....

Bitcoin Price Watch; Breakout Scalps On Friday

Here's what we are looking at in the bitcoin price on Friday morning. As we’ve done a couple of times this week, let’s start off today’s analysis with a chart. The chart below is a fifteen-minute candlestick chart showing the action we saw in the bitcoin price overnight, and the framework from....

Bitcoin Price Advancing Slowly - Or Is It?

Bitcoin price has bounced from the recent low and is meandering with no clear direction - now up but with so much zigzagging - and then lower but the sellers don't have the stones to do what they really want in the chart. This analysis is provided by xbt.social with a 3 hour delay. Read the full....

Ethxbt Sitting on Support

I am faced with a conundrum tonight. You see, the ethxbt 8-hour chart is now sitting on 5th arc support. This is typically very strong support. Of course, in this business one learns to “never say never”. The support could fail. But it would be foolish, imho, to bet against that support before....

Bitcoin Price Watch; Switching Things Up

Here's what we are looking at this morning in the bitcoin price out of Europe It is the end of the week, and we are going to mix things up a little bit for our first analysis out of Europe today. Price has been pretty volatile overnight, and this has necessitated that we narrow our timeframe....

Bitcoin Price Still Above Support

Bitcoin price continues hovering around $415 and 2690 CNY. The chart’s technical conditions are primed for a break into either rally or decline. The 1hr chart shows how, prior to the last advancing wave, price had traded above the 1-hour 200-period moving average (200MA, red). Currently, price....