News Analysis Dan Morehead, CEO of hedge fund, thinks that investors are overreacting to bitcoin news. He said this after BTC collapsed after SEC delayed the decision. He thinks that the currency has a great potential even without ETF. Dan said that the last thing approved by SEC was copper and it has been on earth for 10,000 years. Cryptocurrency is very...
News Analysis Yesterday users saw that Ethereum network is overloaded and transactions are slow. That's when a large series of transactions connected to one address was found out. During the next fifteen minutes, 600 transactions were made to that same address. Currently, there are more than 48,000 transactions. The total transaction fees are 160 ETH. Some users...
News Analysis Some people believe, that cryptocurrencies, especially BTC will soon replace fiat. But UBS thinks that for this to happen BTC needs to reach $213,000. But even then, the cryptomarket will be too volatile and prone to manipulation. Volume Analysis Trading volume on green candlestick is bigger than on the red ones. This shows that the bulls have...
News Analysis Fatfish Internet Group CEO, Kin-Wai Lau, stated that BTC ETF is just a matter of time. He also believes that SEC will eventually agree on ETF but they are just waiting until some organisation comes up with tools needed to get market ready for that. Volume Analysis Trading volumes stay at the same level they were before. The values on all...
News Analysis Intercontinental Exchange (ICE), New York stock exchange announced their plans to cooperate with Microsoft, Starbucks, BCG, and some other companies to create market and ecosystem to list Bitcoin futures contracts. Experts believe that it will make Bitcoin ETF closer. Read more: ethereumworldnews.com Volume Analysis We can notice a huge decrease in...
News Analysis If you compare graphs of the BTC price and interest of people in this currency in Google Trends, you can notice some similarities. When there are many requests concerning BTC, the rate increases, if there is lack of interest, the price drops. During last week you can see that the interest to BTC decreased and according to experts it reached its...
News Analysis Comments of cryptoexperts worried about ETH breaching 2 important support levels ($440 and $420) were spread across the Internet. This can cause panic among unprofessional traders who will try to get rid of their coins dropping the price even further. Volume Analysis Average trading volume remains big, but it is not stable. The difference between...
News Analysis Greenspan, a senior analysist at eToro posted a series of tweets about the role of Asian countries, especially Japan and Korea in BTC price surge. Rich people there buy cryptocurrency because they are afraid of devaluation of their national currency. When the price increased to $8,000, the trading volume in Asia grew rapidly, while in Europe and some...
News Analysis Commonwealth Bank of Australia tested Ethereum blockchain system to deliver 17 tons of almonds to Germany. They used this system for 3 key operations of such process: shipping, documentation, and financial issues. The test went well and now the bank authorities think that the use of blockchain technologies will improve the way the bank works and...
News analysis It has been exactly 3 years since Ethereum was released. And yesterday there was a warning on official ETH page that “Ethereum Funds Recovery for ETH Losers” is a scam. Users get emails saying that their wallets were under phishing attack or damaged by some malware and their funds were lost. To recover their Eths users are asked to send lots of...
News Analysis News background is quite positive. Even though there are no significant upcoming events, the latest BTC rise is a popular discussion on mass media. Lots of experts believe, that the trend is not over yet. Volume Analysis Volume on red candlesticks is about the same as it is on the green ones. Sometimes volume on green candlesticks is bigger, but...
Hi everyone! I was looking through diagrams this morning and came across XRP. I don't hold it in the portfolio but I liked the situation because I noticed several strong technical signals. 1. Clear double bottom. 2. The price broke the channel at the level of two mean-square deviations (cool name for Bollinger bands). 3. Come into and go through Ichimoku...
Hello, guys! Today we have a forecast of VENBTC market. The retracement of a global trend ended in the beginning of February and the price could make first strong rising waves. But it was too early to enter the market. Now the picture of the market is following: The price has had a retracement, made new rising wave and broke the previous maximum at the level...
Hi everyone! Today we have an analysis of ZECBTC market. In December 2017 there were a lot of rumors that ZEC will be able to increase a lot. That’s why many people have bought these coins into their investment portfolio. The coin could actually show a trend movement by 3 waves. We can make following conclusions by analyzing them: 1) Rising waves are strong...
Hi everyone! I haven't written for a long time (for the last 3 weeks, content is created by my assistants and I can see that the activity is lower. And I wonder if it really related to the content). Let's check it. If this article gets enough likes, I will come back and write articles on my own. Now let's talk about the situation with Litecoin. I've bought...
Hello, guys! In my articles, I offer my thoughts about trading ideas and different tools. Today I'll tell you about MACD indicator - an instrument that has to be known by every trader. Also, we will try to forecast the SYS price movement by using MACD. MACD allows to determine the direction of the current trend and also rate of change (momentum). You have to...
Hello guys! Today I will tell you about ADX indicator. This instrument allows determining trend strength without any additional analysis of the graph. The indicator has ADX line. It is a scale of 0 to 100 that illustrates the dynamic of trend strength. Remember: ADX points only to trend strength but no to its direction. My tips on using it: 1) A value...
Hi everyone! Today I prepared a technical analysis of NEO market for you. A trend that was formed over a month ago brought more than 100% profit to those who held this coin. That was a very profitable investment. But now price stands and begs the questions: what to do next? Will the price make x3? Or such a stop means readiness for change of trend? Let's...