When TRX closes above 0.90 on weekly with a conviction, expect fireworks. This co-insides with TRX BTC pair bottoming out
BCH is finally breaking above, weekly close above $600 would be very strong indicator. Critical resistance are highlighted. Cheers!
The above chart shows two critical blocks. Price range between $26 - $31.50 (Yellow Zone) is an accumulation area. Red zone $31.50 - $33.50 is the resistance area, After this, $37 is the only significant resistance left for BNB. Given BTC breakout, BNB can try to catch up soon. For education only, not a recommendation to but or sell :)
Bitcoin bounced, again, and exactly from the order-blocks highlighted in my previous analysis on 08 Aug 2020. There has been a lot of positive gains and updates for Bitcoin which we need to discuss today. This is the fourth time I have to edit this analysis since BTC keeps going up and price is now close to ATH. There has been a lot of gossip around public listed...
In the most recent analysis on 19th August 2019, Cryptoriate mentioned potential order blocks acting as a support spanning $10,000-9,000 and $8,500–7,000. Bitcoin fell through the first order block and bounced nicely from the second block giving a 40% gain within two days. The price dipped to $7,293 on Bitstamp, bounced and liquidated a massive number of shorts...
BNB maintains a stronger outlook amid the news about many alts will not be available to US customers from Sep 2019. Rallying from $4 in Dec 2018 to $37 in Jun 2019, it is currently trading around $28. BNB uptrend is intact, and it could prove as a good buy in upcoming months due to its utility and fundamentals of the Binance Exchange. BNB-BTC: BNB is performing...
The price action of Ethereum has failed to generate interest from investors and traders. It is currently neutral with indecisive outlook in medium-term. Ethereum is also considered as an index for altcoins and a surge in the price of ETH could be a possible prediction of an upcoming rise in altcoins value also termed as alt-season by many. However, without any...
Disclaimer: This article is not intended as an investment advice and published for educational purposes only. BTC markets are highly volatile and risky in nature. DYOR before making any investment decision rather than listening to a stranger over the Internet. Bitcoin remains range-bound throughout the first half of August with another attempt to break below...
Bitcoin is consolidating and following the order blocks and support/resistance lines discussed in the previous analysis on 11 Jul 2019 . This consolidation could extend for some more time until the market makes a decisive move. The macro view is bullish and all major time-frames such as monthly, weekly and 3D are pointing towards a gradual ascend in price during...
Bitcoin’s parabolic rise from $3,100 has come to a screeching halt at $13,880 on Bitstamp, where it faced strong selling pressure. This level is critical across multiple time frames including monthly, weekly, 3-days, and daily. There was one major clue which revealed the strong bears’ territory around $14,000: the volume. The highest selling volume (since BTC...
Bitcoin and the rest of the crypto market is entering into an exciting phase. Cryptoriate published on 24 Feb 2019 that Bitcoin has either found a bottom or very close to do so, and time proved that the analysis was right. Two order blocks were emphasized as a confirmation: $4K-4.3K and $5.8K-6.1K and how a break above could declare the end of the current bear...
On the weekly, price is stuck between 200 MA support and 200 EMA resistance. 100 MA is the next critical resistance around $5,500. The red blocks are critcial resistances. The low volume doesn't support the trend reversal unless BTC breaks above the 200 EMA with a massive volume.