Cryptocurrencies

XRPUSD Long-term Trend – Bearish   • Distribution territories: $0.45, $0.50, $0.55 • Accumulation territories: $0.25, $0.20, $0.15   Roughly a week ago, XRP’s price was going down after it failed to break through the $0.40 mark during its bull run. Recently, the cryptocurrency traded at little over $0.35 for a few days, it has […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $5,000, $4,800, $4,600   Yesterday, April 9, the price of Bitcoin was in a bearish trend. The price fall was as a result of the $5,300 resistance level. The bulls could not make further progress as a result of this hurdle. […]

There’s a decent zone of support for gold around $1275-$1280 which has fended off any further downside. Although, with the zone consisting of structural lows from January and March, a 38.2% Fibonacci ratio and the 200-day eMA, it was never going to be an easy nut to crack initially. Bullish momentum has picked up from […]

Whilst we see potential for Bitcoin to break to new highs, we think a correction below 5,400 could be on the cards first. Since its explosive breakout on the 2nd April. Bitcoin has edged it was to an 18-month high. However, price action has become a little choppy with 5,400 resistance nearby. Prices are extended […]

ETHUSD Long-term Trend – Bullish     Distribution territories: $190, $200, $210 Accumulation territories: $120, $110, $100     Ethereum’s price has been rising against the US dollar in the last few trading sessions of the week. The cryptocurrency is, however, still trading within the boundaries of a specific range.     On April 2, the […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $4,900, $4,700, $4,500   Yesterday, April 4, the price of Bitcoin was in a bullish trend. The BTC price was ranging above the $4,900 price level as it encountered resistance at the $5,200 price level. On April 2, the BTC price […]

XRPUSD Medium-term Trend: Bullish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRPUSD pair is now in the bullish trend zone. Yesterday, it was assumed that a price breakout will enable the bulls to break the $0.32 and $0.33 resistance levels. Today, the crypto’s price encountered a […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,900, $3,700, $3,500   On February 25, the bulls broke the 12-day EMA, the 26-day EMA, and the $3,800 price level to reach the bullish trend zone. The BTC price had been trading between the levels of $$3,800 and $4,000 since […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $170, $190, $210 • Accumulation territories: $100, $80, $60   Ethereum’s price has in the long run seen its outlook remain ranging around the same zones. Currently, ETH is fluctuating around the $140 mark, and has been since the first few trading sessions of the week. […]

For some, trading Bitcoin is a dream, for others a nightmare. If you can understand the Bitcoin chart wealth awaits. Firstly, I disclose that I own a lot of crypto. I love it. I’m swimming in it. I also should add, I sold my original position at $18,000. So, this is no unbiased article. Here […]