Bitcoin Bounce Over

November 30, 2018 Cedric Thompson CMT 0

The Setup Firstly, in my previous article, I articulated that Bitcoin (BTC) futures should have rallied towards the 4,500 price level.  However, the counter-trend rally stalled around the 4,400 price level.  Now, the overall downward […]


Short Term Bounce in Bitcoin

November 28, 2018 Cedric Thompson CMT 0

The Setup Firstly, Bitcoin Futures (BTC) has declined 46.28% during the month of November.  Indeed, in my previous article, I articulated that BTC’s price should have declined towards the 2,580 price level.  Despite this anticipated […]


Bitcoin resistance drops dramatically

November 28, 2018 Shaun Downey 0

Yesterday saw a shift as both support and resistance had strengthened leaving a relatively tight and bounded market trapped between $4,090 and $3,480. Whilst it appears that little is happening, the chart below highlights the […]


Bitcoin: Key resistance moves lower

November 27, 2018 Shaun Downey 0

Last week price was bounded in sideways in a contracting range capped and floored at $4,630 and $4,090, it requiring a close outside of this range to dictate the next trend. Initially $4090 held (rectangle), […]


Major Cryptos Continue To Slide Lower

November 20, 2018 Akif Din 0

Continuing from my previous report, I highlighted a bearish backdrop develop for Bitcoin. I mentioned possible downside targets if the best-known cryptocurrency were to break the S2 monthly pivot. Since the start of this week, […]


Support forms on Bitcoin

November 19, 2018 Shaun Downey 0

The update late last week concentrated on the breakdown and independent weakness from the Dollar and highlighted how supports and resistances would adjust through time. This has occurred on cue with price suddenly condensed. The […]

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