Technical Analysis
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefore needs no special consideration. The main tool by which to analyse the forex market is forex charts.
BTC Climbs Past $6.4k Resistance, Heads North, Gets Clobbered Again
These days, the world’s biggest cryptocurrency by market-cap, Bitcoin, really does not seem to be able to catch a break. About a week…
Bulls Trapped – BTC Drops Below $7k in Spite of Technical Picture
Despite BTC’s technical factors turning long-term bullish for the first time in the last 8 months, the crypto blue-chip registered a sudden and…
BTC Breaks Above $7k – What’s Next?
Yesterday, the price of the biggest crypto blue-chip broke through the $7k resistance, and since then, it has firmly settled above that psychological…
BTC Shaken by ETF Denials, Defends Key Support Nonetheless
The last couple of days weren’t exactly kind to the cryptocurrency markets in terms of fundamentals. Bad news came in after bad news…
BTC, Crypto Vert Weather Storm – Upturn on the Horizon?
Yesterday and the day before, BTC and the cryptocurrency world in general saw a massive drop in value, one that took the latter…
BTC Bulls Dig Heels In at $6.5k – Will They Hold Though?
The price of the world’s top cryptocurrency has been slapped around lately by the bears, shedding almost all the value built up over…
BTC Below $7k, No More Highs in 2018?
Defying the predictions of many well-known crypto analysts, the price of the cryptocurrency blue chip Bitcoin took a rather unexpected southward turn over…
BTC Down, but Definitely Not Out Yet!
…as a matter of fact, not only is it not out, it may be prepping for a major upward breakout, as shown by…
Recovery Rally Stalled Again – BTC Stuck Around the $6.5k Mark
Although the largest cryptocurrency has managed to reverse its bearish decline into a short-term bullish run, following a bullish breakout on Monday, its…
BTC in Dire Straits – Slips Below $6k
Over the last few days, the price of BTC went through a real massacre. It has dropped below the $6k mark which it…
BTC Price Still Bullish Despite Hack of 6th Largest Crypto Exchange
The price of the world’s top cryptocurrency by market capitalization has not exactly been doing well lately. Every time it seems to mount…
Have the BTC Bears Finally Overextended?
There’s little doubt in anyone’s mind that the BTC bears have ruled the crypto roost with an iron first over the last few…
Stuck Within a Narrow Range, BTC Won’t Yield to Bulls or Bears
Over the last handful of days, the world’s #1 cryptocurrency failed to muster any traction in either direction. Amid a general bear exhaustion,…
BTC/USD – Bulls Attempt Rally, Fall Short
Bitcoin has been feeling the pull of the bears lately. Following a tentative attempt to break through the $10k psychological resistance level at…
Bitcoin Breaks Out Downward – How Big is This Selloff?
Yesterday, Bitcoin traded within a narrow range defined by a couple of key MAs and it was getting ready to break out –…
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