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Home NEWS Technical Analysis

Technical Analysis

Bitcoin Technical Analysis

Ethereum Price and Technical Market Analysis June 7th, 2020

By Peter
in :  NEWS, Technical Analysis
Ethereum Price and Technical Market Analysis June 7th, 2020
8 Jun 2020

Ethereum market trading week passed in the consolidation range $230-246. Sellers do not have enough strength to fix below $230. The main target $280 with a stop at $250 remains our main scenario. Ethereum trading week began with great prospects for buyers, but passed in the consolidation range $230-246. In fact, buyers’ attack began on 30 May, after Ethereum price …


Bitcoin Price and Technical Market Analysis June 7th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis June 7th, 2020
7 Jun 2020

Sellers failed to fix below $9600 and continue to fall to $9000. The price is traded above the upper trend line of the triangle. The basic scenario of the growth continuation to $10,500-11,000 remains in force. Yesterday, sellers made an attempt to push the price lower on Bitcoin market, fixing it under the mark $9600. However, Bitcoin price closed above …


Bitcoin Price and Technical Market Analysis June 6th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis June 6th, 2020
6 Jun 2020

Sellers managed to close the daily candle below $9700. The critical point of buyers remains at $9400. Fixing above $9700-9800, we will expect a new attempt to break $10,500 with a probable continuation of growth to $11,000. During yesterday’s trading on Bitcoin market, sellers managed to remind again for their presence, lowering the price to $9620. The daily candle closed …


Bitcoin Price and Technical Market Analysis June 5th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
5 Jun 2020

Buyers closed yesterday’s daily candle above $9700. Closing today’s candle above $ 9800, we expect a test of $10,300-10500 by the end of the week. The critical point for buyers continues to be in the mark $9400. Yesterday the price in Bitcoin market continued to move in the local growth channel. Buyers continue to recover their positions after a sharp …


Ethereum Price and Technical Market Analysis June 5th, 2020

By Peter
in :  NEWS, Technical Analysis
Ethereum Price and Technical Market Analysis June 5th, 2020
5 Jun 2020

Buyers have kept the local mark $236 and are preparing for a breakdown of $250. The target of the price growth to $280 remains valid. An alternative scenario – a fall to $216 is possible only after fixing the price below $230. The previous two days in Ethereum market were in consolidation, which lasts from 30 May. After testing the …


Bitcoin Price and Technical Market Analysis June 4th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis June 4th, 2020
4 Jun 2020

The growth of Bitcoin price during 3 June was 2%. The decrease of volumes and volatility indicates the formation of consolidation in the range $9440-9700. Fixed below $9400, sellers will continue the price fall to $9000. Yesterday on Bitcoin market, buyers tried to regain their positions after a sharp price fall from the mark $10,400. During the day Bitcoin price …


Ethereum Price and Technical Market Analysis June 3rd, 2020

By Peter
in :  NEWS, Technical Analysis
Ethereum Price and Technical Market Analysis June 3rd, 2020
4 Jun 2020

Sellers managed to test $225 on 2 June. The daily candle closed with the prospect of the continuation of consolidation and the test of $270-280. Having fixed below $230, sellers will have a chance to test $206. Yesterday in Ethereum market sellers made buyers worried by testing the mark $225. By lowering Ethereum price by 9%, sellers had every chance …


Bitcoin Price and Technical Market Analysis June 3rd, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
4 Jun 2020

Sellers sharply responded to the growth to $10,400 with a local low $9150. The critical point for buyers is the mark $9000. Fixed below $9000, sellers will have the prospect of the fall continuation to $6900-7000. Yesterday’s trading in Bitcoin market quite sharply reminded us that we should not forget about sellers. During the day, Bitcoin price fell by almost …


Bitcoin Price and Technical Market Analysis June 2nd, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis June 2nd, 2020
2 Jun 2020

Buyers broke the upper trend line of the triangle from 8 May and tested $10,398. Without losing resistance, sellers will allow buyers to continue to grow to $11,000. Slowing growth and declining volumes will give sellers a chance for correction to $9700. Yesterday’s trading on Bitcoin market ended with the breaking of the upper trend line of the triangle, in …


Ethereum Price and Technical Market Analysis June 1st, 2020

By Peter
in :  NEWS, Technical Analysis
1 Jun 2020

Buyers have almost tested our main target $250. The probability of $280 test and an attempt to break the trend line from June 2019 is very high. Having fixed below $230, sellers can confidently lower the price to $206. Yesterday’s trading on Ethereum market closed positively for buyers in timeframes starting from the daily to the monthly. Although sellers managed …


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