Bitcoin Price Technical Analysis for 05/03/2018 – Can Bulls Keep Charging?

Bitcoin price bounced off the bottom of its ascending channel pattern on the 1-hour chart to show that bulls are still in the game. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, the rally is more likely …
Google Alert – bitcoin

Bitcoin Cash Price Technical Analysis – BCH/USD Broke Key Resistance

Bitcoin cash price traded higher and it recently broke the $ 655 resistance against the US Dollar. There is a key bullish trend line forming with support at $ 660 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to move higher and it could even break the $ 700 barrier …
Google Alert – bitcoin

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down

Bitcoin cash price failed to hold the $ 950 support level and declined below $ 900 against the US Dollar. There are two key bearish trend lines forming with resistances at $ 940 and $ 960 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is under a lot of pressure and it is likely to …
Google Alert – bitcoin

Bitcoin Price Technical Analysis for 02/26/2018 – Head and Shoulders Breakdown

Bitcoin price is trending lower after breaking below the neckline of its head and shoulders pattern. This is a classic reversal signal which indicates that price could fall by the same height as the formation, which spans around $ 9,500 to $ 11,500. Technical indicators are also showing that the short-term …
Google Alert – bitcoin

Bitcoin Cash Price Technical Analysis – BCH/USD Preparing for Break

Bitcoin cash price is preparing for the next move with support on the downside at $ 2300 against the US Dollar. There is a crucial bearish trend line forming with current resistance at $ 2400 on the hourly chart of BCH/USD (data feed from Kraken). The pair might soon make the next move either above …
Google Alert – bitcoin