Key Resistance Levels: $12, $14, $16 Key Support Levels: $6, $4, $2 NEO/USD Price Long-term Trend: Ranging NEO is still in a bear market as the bulls failed to overcome the overhead resistance at $12. The bulls have made three unsuccessful attempts at $12 resistance. In October and November 2019, and January 2020,the resistance remained […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin was resisted at the $9,200 price level. The downward movement is ongoing as the price reached a low of $8,500. The bottom line is that if the bulls fail to break the $9,200 resistance, then […]
• Latest correction suspends long-term bullish sentiment. • Bitcoin remains indecisive after correcting loss at $8500. • The channel break turns BTC bearish on the hourly chart. Yesterday, Bitcoin’s price saw a sudden correction from $9150 to $8450 after seeing four weeks of growth. Though, the price has bounced a bit to $8650 – where […]
Key Resistance Levels: $110, $130, $150 Key Support Levels: $90, $70, $50 DASH/USD Price Long-term Trend: Bullish DASH is presumed to be out of the downtrend zone as the bulls break above the resistance line. The coin reached a high of $140 but was repelled. DASH is likely to find support at a low of […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin now fluctuates below the $9,000 on a daily bases as the bulls fail to break the $8,800 resistance level. On Daily bases, small body candlesticks form below the resistance level. These candlesticks describe the indecision […]
New data release indicates that the Bitcoin network’s mean hash rate has just reached its all-time high as a reflection of the digital currency’s most recent technical accomplishment. Composed by innovative on-chain metrics provider Glassnode, a recent evaluation of Bitcoin’s historical hash rate reveals that on the 7th of January, the valuation of the mean […]
GBPUSD Price Analysis – January 19 The GBPUSD pair exited in the prior week in the red and fell slightly after a little pullback of its level of 1.3514 / 1.2900, forming a triangle at the level of 1.3050. The currency pair plummeted from a daily high of 1.3118 level on Friday after the release […]
S&P 500 Price Analysis – January 19 At the time of writing, the S & P 500 stays up, remaining in positive territory, at the same time, investors are riding on the phase-one trade deal between U.S and China. The S & P 500, thanks to its strong Wall Street performance, is modestly higher and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still trading in the bullish trend zone. We have entered the fourth day as Bitcoin continues to struggle below the $8,800 resistance level. On a daily bases, the bulls will test the resistance level and […]
