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Home NEWS Technical Analysis (page 3)

Technical Analysis

Bitcoin Technical Analysis

Ethereum Price and Technical Market Analysis May 24th, 2020

By Peter
in :  NEWS, Technical Analysis
25 May 2020

Sellers kept $196 and are now moving for the test of $216. The dominance of Ethereum in the crypto market is increasing and tends to 10%. The main growth targets $230 and $250 remain in force. The last two days in Ethereum market have passed in the recovery of the price level after the fall on 21 May. Within two …


Bitcoin Price and Technical Market Analysis May 24th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis May 24th, 2020
24 May 2020

Bitcoin price continues to be in the range $9200-9400. Sellers reduced their resistance yesterday. Our local scenario is the test of $9800, the global one – continuation of the fall to $7770. Yesterday’s trading on Bitcoin market was in a large consolidation in the range of $9166-9235, which is less than one percent. As we can see, the intrigue of …


Bitcoin Price and Technical Market Analysis May 23rd, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis May 23rd, 2020
23 May 2020

The daily candle closed below the range $9200-9400. An unsuccessful attempt to grow today will increase the risk of the test of $9080. Closing a weekly candle below $9400 could provoke the fall continuation with a final target $7770. Yesterday’s trading on Bitcoin market took place in the form of a price correction after a sharp fall impulse on 21 …


Bitcoin Price and Technical Market Analysis May 22nd, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
Bitcoin Price and Technical Market Analysis May 22nd, 2020
22 May 2020

Sellers tested $8860, but could not fix below $9000. The price remains within the consolidation limits $8860-9800. The passivity of buyers can lead to the fall continuation with the test of $7700. The last two days in Bitcoin market have changed the local growth trend, eventually testing our first target $8860. Yesterday’s local low is at $8815. Within two days, …


Ethereum Price and Technical Market Analysis May 22nd, 2020

By Peter
in :  NEWS, Technical Analysis
Ethereum Price and Technical Market Analysis May 22nd, 2020
22 May 2020

Buyers kept the local range $194-196. Fixing above $207 buyers will again be able to compete for a break of $216. Fixing above $216 following targets for growth are $230 and $250. Starting from 19 May, sellers felt confident in Ethereum market, gradually lowering the price to the bottom trend line of the growth channel. During this local fall wave, …


Ethereum Price and Technical Market Analysis May 20th, 2020

By Peter
in :  NEWS, Technical Analysis
Ethereum Price and Technical Market Analysis May 20th, 2020
21 May 2020

Sellers managed to keep the mark $216. The main scenario of the test of $250 remains valid. An alternative scenario the test of $194-196 is possible after fixing below $208. The previous two days in Ethereum market were under buyers initiative with the target to fix above $216. During 18 May, Ethereum price rose by 5%, and closed with a …


Bitcoin Price and Technical Market Analysis May 20th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
21 May 2020

Bitcoin price range narrowed to 1.5%. Fixing above $9800 buyers will continue active growth to $10,500. To change the local trend, it is enough for sellers to fix below $9600. The fourth day of trading in Bitcoin market is consolidation and daily candles are closing in the range $9660-9770. Bitcoin price was moving in the range 1.5% and all price …


Bitcoin Price and Technical Market Analysis May 19th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
19 May 2020

A new local attack by sellers with a target $9200-9400 failed. The trade range is narrowed to $9600-9900. The basic scenario of the test of $10,500 remains valid. Yesterday’s trading on Bitcoin market began quite actively with big ambitions of buyers to fix above $10,000. For the first two hours of trading, Bitcoin price rose by 3% yesterday, testing the …


Ethereum Price and Technical Market Analysis May 18th, 2020

By Peter
in :  NEWS, Technical Analysis
18 May 2020

Over the weekend, Ethereum price growth was 6%. Closing above $216, buyers will continue to grow to $250. The critical point for the trend of buyers is the mark $200. The weekend on Ethereum market was quite positive for buyers. Buyers kept the local range $194-196 on Friday and found a way to repeated test of $216. For the next …


Bitcoin Price and Technical Market Analysis May 18th, 2020

By Peter
in :  Bitcoin, Bitcoin Price, NEWS, Technical Analysis
18 May 2020

The weekly candle closed above the range $9200-9400. The next target of buyers is $10,500. In case of positive repeated test of $9200-9400, the chances of buyers to test $52,000 will significantly increase. Yesterday’s trading on Bitcoin market ended with an uncertain closing of the candle at $9662. Yesterday, buyers raised Bitcoin price by 5%, but above $9800 sellers became …


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