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FXO (OP)
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November 01, 2018, 03:49:53 PM |
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The Bias for LTC/USD and EOS/USD is Short-term BullishLTC/USDFrom last Monday high at $53.8 the price of Litecoin has decreased by about 9% at its recent lowest point at $48.87. Currently, the cryptocurrency is traded at $50.029, which almost a 2% recovery from the mentioned low as the price is in an upward trajectory.  On the hourly chart, we can see that the price went below the horizontal support level at $52.4 and a big red candle appeared indicating that selling was activated around that area. As the price dropped, it went below the next horizontal support level at $49.23 dipping two times below it and leaving two wicks that both reach out to $48. Currently, as the price has recovered with a big green candle, we are seeing a minor descending structure that is corrective in nature and will likely result in another increase from these levels. Continue reading...
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carlisle1
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November 01, 2018, 04:53:34 PM |
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Thank you for your efforts in coming up with this analysis.
I don't know if I should agree or disagree with you because in the past weeks (or even months), no one seems to be getting the prediction right anymore. The bearish market is making everyone look like noobs in the cryptospace. Technical analysis are good but it's still basically influenced by fundamental analysis.
Good analysis all the same. Let's hope that the market will agree with you on this in the coming weeks.
You are right there dude,no one gets right since the bear covers the whole market.. And sad to say but only those fud seems to become more reliable as they can predict the dropping of the prices while the positive predictions eaten by this negativity. Thats why the best option is to hold and keep patient |
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FXO (OP)
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November 05, 2018, 04:11:15 PM |
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And follow the latest news in the world of cryptocurrency with FXOpen. One of the leading broker in the industry.  |
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FXO (OP)
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November 05, 2018, 04:13:36 PM |
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And follow the latest news in the world of cryptocurrency with FXOpen. One of the leading broker in the industry. We provide our traders with 43 pairs with BTC, ETH, BCH, EOS, Ripple, Monero, ETC, LTC, etc. |
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FXO (OP)
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November 06, 2018, 03:28:51 PM |
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BTC/USDSince last Tuesday the price of Bitcoin has increased by 2.41%, coming from $6327 to the current level at $6484.5.  Looking at the daily chart we can see that the price of Bitcoin interacted with the horizontal support level at $ 6256 last Wednesday. That is why we have seen this increase over the course of the last week to the next horizontal level at $6516, which now serves as resistance. Yesterday’s candle was a red one indicating that the price might get rejected by the horizontal level, but as today’s candle is a green one with a wick interacting with the level, we are yet to see if the rejection gets validated or was it just a correction before a breakout. Continue reading...
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mia khalifa
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November 07, 2018, 05:27:46 AM |
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This bitcoin price in 2018 tends to fall because there is a lot of bad news that makes a lot of people lose and a lot of people disparage bitcoin because it cannot provide profits, even this is also said from the influence that occurs when the price of bitcoin meal is high bitcoin falls again.
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FXO (OP)
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November 08, 2018, 10:05:45 AM |
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Bitcoin has managed to successfully conquer the $6,500 handle yesterday. We hit a high of $6,592 during the small pump but a lot of those gains were quickly surrendered. We are currently quoted at $6,564 dollars per coin. Bitcoin Up but Momentum is WeakThe short-term momentum in BTC/USD is up but weak. The percentage gain yesterday was only 1.4%, far from convincing. To get a stronger rally we may need a breakout above the $6,850 figure. A move above here would take us into bull territory on the daily charts.  Below we’re looking at the $6,200 level as a potential bear trend starter. Weak support below can be found at $6,116 followed by the $6,000 round figure. Continue reading... |
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sirohige
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November 08, 2018, 11:46:00 AM |
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This ethereum price depends on bitcoin price movements and depending on the development of the ethereum project, it is very difficult to ensure ethereum prices because these coins, including coins that are not known to be in total supply, are very difficult to predict.
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FXO (OP)
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November 09, 2018, 02:14:41 PM |
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Thank you for sharing your thoughts and views with us. We do not do any predictions. Our goal is providing facts about cryptocurrency trends and fluctuations. True ECN model is our business model. It gives traders access to the Interbank market. FXOpen offers 43 pairs with BTC, ETH, BCH, EOS, Ripple, Monero, ETC, LTC, etc.
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Crypt2GO
Newbie
 Offline
Activity: 57
Merit: 0
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November 12, 2018, 06:30:24 PM |
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Thanks for sharing this great analysis. It is really hard for the current market when you cannot provide and make your own analysis. Good thing that Cryptocurrencies.Ai will launch this November to help traders and investors to trade with confidence. The platform will allow users to do technical charting, market research, manage your portfolio from one platform. Sign up now on their website to reserve your spot on the beta platform launch this November: https://cryptocurrencies.aiAlso, join the telegram group to get the latest news and updates about our development: https://t.me/CryptocurrenciesAi |
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omonuyak
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November 12, 2018, 07:34:29 PM |
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This ethereum price depends on bitcoin price movements and depending on the development of the ethereum project, it is very difficult to ensure ethereum prices because these coins, including coins that are not known to be in total supply, are very difficult to predict.
That is truth and we have to see and analyze ethereum in this way. ethereum majorly grow when bitcoin is growing and when there is major developments on it technology. Though we can predict the market base on both technical and fundamentals analysis and see if a growth or bullish trend is about to form and investors along with it and that is what the op is trying to said. This bitcoin price in 2018 tends to fall because there is a lot of bad news that makes a lot of people lose and a lot of people disparage bitcoin because it cannot provide profits, even this is also said from the influence that occurs when the price of bitcoin meal is high bitcoin falls again.
The bad news has really affected the market and we should expect a recovering some years to come probably next year. |
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FXO (OP)
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November 13, 2018, 02:03:00 PM |
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BTC/USDLast Tuesday, November 6th, the price of Bitcoin was at the opening around $6470, and measuring to its current levels of $6438 the price has fallen by only 0.49%. The price hit its recent high the next day on November 7th reaching $6609 and spiking up to $6615 from where the price has been in a downtrend correcting, reaching the recent low at $6380, and spiking down to $6358.7 at its low. Measured from the recent high to the recent low, the price has pulled back by 3,44% but has recovered since its making up for the downfall and is now at 2,61%.  In our last week’s analysis, it was projected that “the 5 wave could get a bit higher to the marked zone ($6560-6580) but in both cases, I would be looking at more downside for Bitcoin in the upcoming period as after an impulsive 12345 a correction occurs according to the Elliott Wave Principle”. Continue reading...
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KrishaBitcoin
Member
Offline
Activity: 350
Merit: 11
W12 – Blockchain protocol
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November 14, 2018, 05:17:15 AM |
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Even though the price is going down, it's creating the opportunity for the investor to buy bitcoin at a lower price and sell it when the price rises. The price will rise up very soon. Probably at the end of May, it'll start rising up. So, don't worry and hold your coins because the best is about to come.
Actually, the investors or the people are not looking for the cheap prices anymore but mostly are waiting for this bearish market to disappear so that their fear to invest will gone. The price is really much cheaper to purchase right now but the problem is when you buy the dip but it dips even more losing your investments therefore the reality is that when the price keeps on becoming cheap the people become more afraid to invest. |
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FXO (OP)
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November 14, 2018, 10:17:00 AM |
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Compared to last week, Bitcoin is down $130 on FXOpen or close to 2 percent. We are quoted at $6,433 dollars right now. Bitcoin Down as Tether Drops AgainAs we can see on the chart below, the zig-zag movement in BTC/USD continues. After last week’s small rally this week we’re witnessing a selloff.  The divergence between Tether and USD-based bitcoin exchanges continues. On Bitfinex one coin is selling for $6,476 dollars at the moment. On other exchanges like BitStamp and Coinbase bitcoin is trading at average of $6,277 dollars. This is due to the lower price of Tether, a so-called ‘stablecoin’ that is used as a substitute for USD on exchanges that have banking issues. Tether is trading at 97 cents right now, 3% below it’s ‘peg’. Continue reading... |
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FXO (OP)
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November 16, 2018, 10:50:32 AM |
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LTC/USD and EOS/USD more downside expectedOn the 15th of November the price of Litecoin has fallen by 16.34% and was being traded at $42.8. Looking at the hourly chart, we can see that the price fell through the descending channels resistance with a massive momentum as the majority of the decline happened in only 8 hours. The price is below the S2 support line at $44.621. I’ve labeled as a support zone forming a cluster around those levels. The wicks from the downside are indicating that some support has been found but I believe that it will hold only temporary.  Continue reading...
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FXO (OP)
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November 20, 2018, 02:00:59 PM |
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Both BTC/USD and XRP/USD under strong selling pressureBTC/USDSince last Tuesday when the price of Bitcoin was around $6500 we have seen a downfall of over 30% measured to the lowest levels Bitcoin’s been today, which is at $4529.  This move to the $4700 area was expected as the price action formed a bearish pennant from which, if you were to project the length of the prior move from the apex, you would get a target at around $4700. Also, this was the target area for the descending triangle breakout seen on the daily chart below. Continue reading...
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FXO (OP)
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November 20, 2018, 02:16:42 PM |
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Cryptocurrency market continues to declineThe price of Bitcoin has been moving within the range above $6,000 during the last two weeks. However, on Wednesday, November 14, the rate fell to the year low at 5,523 dollars. The cryptocurrency has lost about 13% of its value in less than five hours. The total market capitalization also fell below $100 billion for the first time since November last year and is currently at the level of slightly above $76 billion. On Tuesday, November 20, the price dropped to $4,500.  The dip of Bitcoin had a domino effect on crypto markets. The five largest cryptocurrencies also fell by more than 10%, and the market cap fell below $200 billion. Bitcoin Cash, which was forked on November 15, was the biggest misfit, quickly losing 15% of its value. Continue reading...
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FXO (OP)
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November 22, 2018, 01:29:07 PM |
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LTC/USD and EOS/USD – one more low ahead!LTC/USDSince 6th of November, the price of Litecoin has been in a downtrend and on last Thursday the price was $45.385 at the open. From there the price stagnated at first but at the start of this week on Monday the price started to decrease again falling further down to $32.813, which is the yearly low. The price has been consolidating and is now at around $34.64, which is an overall decrease of 23.40% in the last seven days.  Continue reading...
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FXO (OP)
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November 27, 2018, 03:42:37 PM |
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BTC/USD and XRP/USD still bearish but a recovery is on the wayBTC/USDLast week on Monday, November 20th the price of Bitcoin was at $4977, the week’s highest point. From that high, the price went back to the levels from which the increase around $4500 was made and then continued to move to the downside. Measured to the current level of $3748 the price of Bitcoin has fallen by 24.65%.  Looking at the hourly chart, you can see that the price action is indicating a downtrend even though it looks like the price has stabilized at around $3782, where the horizontal significant level is serving as support. Since the price interacted with the level for the third time in the last couple of days, currently we are seeing that the price is below the mentioned level. Continue reading...
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FXO (OP)
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November 29, 2018, 01:10:57 PM |
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LTC/USDFrom last Thursday when the price of Litecoin was $35.419 at its open, measured to the current levels on which the crypto is being traded, the price has only decreased by 1.08%. The price did go lower from last Thursdays open, as it was the minor Z wave ending point from which another drop has been made to $27.46 area where the horizontal significant level is.  Looking at the hourly chart, you can see that the price interacted with the mentioned level with a spike down on Sunday when the cryptocurrency market was at its lowest from the start of the year. Since the low has been made the price started to recover and has at first came up to the downtrends resistance line where it got rejected. But as the rejection ended with a higher low, enough momentum was picked up for a breakout at the second attempt. Continue reading...
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