Ethereum Price and Technical Market Analysis June 7th, 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 […]
Bitcoin Price and Technical Market Analysis June 7th, 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. […]
Bitcoin Price and Technical Market Analysis June 6th, 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 […]
Bitcoin Price and Technical Market Analysis June 5th, 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 […]
Bitcoin Price and Technical Market Analysis June 4th, 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. […]
Bitcoin Price and Technical Market Analysis June 3rd, 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 and Technical Market Analysis June 2nd, 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 […]
Bitcoin Price and Technical Market Analysis June 1st, 2020
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 […]
Bitcoin Price and Technical Market Analysis May 30th, 2020
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. […]
Bitcoin Price and Technical Market Analysis May 29th, 2020
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 […]
