The weekly candle closed above $9400. Consolidation between the marks $8860-9700 continues. Growth to $10,500 remains our main scenario. Yesterday, sellers made an attempt to break through the local consolidation and the mark $9400 on Bitcoin market. During the day, sellers lowered Bitcoin price by 2.5%, almost absorbing the previous daily candle. The test of $9700, which took place on …
Buyers confidently break $216 and are moving towards the final target $250. A sharp response from sellers near the mark $250 may be the beginning of a price correction to $170. Closing the weekly candle around $250, the next week of trading will be in the fight for the range $280-300. During the previous two days, there was a positive …
Sellers failed to take control of the range $9200-9400. Sellers reliably protect the critical point $9700. Without an increase in volume, buyers risk losing the initiative and repeat the fight for the range $8660-8860. Yesterday’s trading on Bitcoin market was held in an attempt by sellers to correct the wave of growth from 25 May. During the day, sellers managed …
Buyers have updated the local high at the mark $9589 and are fixed above the range $9200-9400. The breakdown of $9700 and the test of $10,500 remain the main scenario. If sellers break $9200 they will open the prospect to $8660. Yesterday’s trading on Bitcoin market ended with the closing of the daily candle at around $9589. Buyers managed to …
Buyers fixed above the mark $206. After breaking the mark $216, buyers claim for the test of $250. Volumeless attempts to fix above $216 will lead to activization of sellers and test of $196. During the previous two days in Ethereum market, buyers defended their right to continue to grow. Keeping the global trend line on 26 May, buyers managed …
Buyers managed to go beyond the local wedge and test $9200-9400. There is a probable price correction up to $8900. We expect the growth continuation to $9700. Yesterday on Bitcoin market, buyers managed to achieve good results. During the day, Bitcoin price rose by 4%, again testing the intermediate range $9200-9400. The daily candle closed almost without a pin and …
Buyers managed to keep the range $8650-8860. Weakness of sellers at local lows allows buyers to test $9200-9400. The global target $9700 with a likely continuation to $10,500 remains valid. Yesterday’s trading on Bitcoin market ended with a failed attempt by buyers to continue to restore their price positions. Yesterday’s daily candle closed at $8841. But during the day it …
Bitcoin price continues to be in the critical range $8650-8860. The slowdown of the fall and the failed fixation of the price below $8650 will give buyers a chance to sharply test $9400. The targets after the price exit from the consolidation are not variable – $7770 or $10,500. The first day of trading of the new week in Bitcoin …
Buyers have not been able to fix above $206. Looking at market purchases and sales from 22 May, buyers look weaker than sellers. If buyers fix above $206 they will be able to compete for $216 again. Over the last two days in Ethereum market, consolidation in the narrow range $200-206 has continued. On 24 May, buyers tried to fix …
Sellers closed the weekly candle below the opening price of the previous candle at the mark $8710. In the weekly timeframe, consolidation was organized in the range $8650-9800. Breaking through the consolidation down the target is $7770, up – $10,500. Yesterday, trading in Bitcoin markets ended with a price lowering and an update of the local weekly low. During the …
