Ethereum Price and Technical Market Analysis May 28th, 2020
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 […]
Bitcoin Price and Technical Market Analysis May 28th, 2020
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 […]
Bitcoin Price and Technical Market Analysis May 27th, 2020
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. […]
Bitcoin Price and Technical Market Analysis May 26th, 2020
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 […]
Bitcoin Price and Technical Market Analysis May 25th, 2020
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 […]
Bitcoin Price and Technical Market Analysis May 24th, 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 […]
Bitcoin Price and Technical Market Analysis May 23rd, 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 […]
Bitcoin Price and Technical Market Analysis May 22nd, 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 […]
Bitcoin Price and Technical Market Analysis May 20th, 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 […]
Bitcoin Price and Technical Market Analysis May 19th, 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 […]
