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BTCCNY Price Technical Analysis – Double Top Seen!

BTCCNY Price Technical Analysis – Double Top Seen!

Forexminute (August 26, 2016 BST) -


BTCCNY could be in for a downtrend as a double top pattern materialized on its 4-hour time frame. Price failed in its last two attempts to break past 3950.00 and is gearing up to test the neckline at 3750.00. A break below the neckline could confirm the uptrend reversal signal and send BTCCNY lower by 200.00 or ...
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BTCUSD Price Technical Analysis – Bullish Channel Test
BTCUSD Price Technical Analysis – Bullish Channel Test

Forexminute (August 24, 2016 BST)

BTCUSD price sold off yesterday but is still inside its ascending channel formation. Price looks ready to test support around $580 and might ... Continue reading →


ETHXBT Price Technical Analysis – Symmetrical Triangle Bounce?
ETHXBT Price Technical Analysis – Symmetrical Triangle Bounce?

Forexminute (August 23, 2016 BST)

ETHXBT has formed lower highs and higher lows, creating a symmetrical triangle pattern on its 4-hour time frame. Price is currently testing the ... Continue reading →


BTCUSD Price Technical Analysis – Bulls Ready to Charge Again?
BTCUSD Price Technical Analysis – Bulls Ready to Charge Again?

Forexminute (August 22, 2016 BST)

BTCUSD is still on its uptrend, moving inside an ascending channel on its 1-hour chart even with that sharp spike down late last week. Price tested ... Continue reading →


BTCUSD Technical Analysis – Which Way to Break Out?
BTCUSD Technical Analysis – Which Way to Break Out?

Forexminute (August 19, 2016 BST)

BTCUSD has been unable to show clear direction recently, moving inside a symmetrical triangle pattern on its 1-hour time frame. Price is ... Continue reading →


GBPAUD Forex Forecast – Ready to Retrace
GBPAUD Forex Forecast – Ready to Retrace

Forexminute (August 18, 2016 BST)

GBPAUD has been trending lower on its 4-hour chart, moving below a descending trend line connecting the latest highs of price action. Price is ... Continue reading →


BTCCNY Technical Analysis – Making a Quick Correction
BTCCNY Technical Analysis – Making a Quick Correction

Forexminute (August 15, 2016 BST)

BTCCNY recently broke below the support at 3900.00 and dipped to the 3750.00 level before showing signs of a pullback. Applying the Fib tool on ... Continue reading →


BTCUSD Price Technical Analysis – Reversal Signal Seen!
BTCUSD Price Technical Analysis – Reversal Signal Seen!

Forexminute (August 12, 2016 BST)

BTCUSD has been previously trending higher but it looks like bulls are tired from the climb. Price has failed in its last two attempts to break ... Continue reading →


ETHXBT Price Technical Analysis – Back at the Triangle Resistance!
ETHXBT Price Technical Analysis – Back at the Triangle Resistance!

Forexminute (August 11, 2016 BST)

ETHXBT is still trading inside its long-term descending triangle formation and is back to testing the resistance. If this keeps gains in check, ... Continue reading →


BTCUSD Price Technical Analysis – Ready to Break Out?
BTCUSD Price Technical Analysis – Ready to Break Out?

Forexminute (August 10, 2016 BST)

BTCUSD has formed lower highs and found support at $585, creating a symmetrical triangle on its short-term time frames. Since this comes after a ... Continue reading →


Why Using Bitcoin offers Better Value in Online Casino Games
Why Using Bitcoin offers Better Value in Online Casino Games

Forexminute (August 8, 2016 BST)

The digital currency Bitcoin has gone from strength to strength since it was introduced to the world in 2008 by its creator Satoshi Nakamoto. The ... Continue reading →


BTCCNY Price Technical Analysis – Time for a Rebound?
BTCCNY Price Technical Analysis – Time for a Rebound?

Forexminute (August 4, 2016 BST)

BTCCNY suffered a sharp drop following reports of a hacking incident in Hong Kong bitcoin exchange Bitfinex. However, price bounced off a ... Continue reading →


ETHXBT Price Technical Analysis – Triangle Bottom Still Holding!
ETHXBT Price Technical Analysis – Triangle Bottom Still Holding!

Forexminute (August 4, 2016 BST)

ETHXBT has been stuck inside a large descending triangle on its daily chart and it looks like the pattern is still holding. Price bounced off the ... Continue reading →


BTCUSD Technical Analysis – Sellers Waiting for a Pullback
BTCUSD Technical Analysis – Sellers Waiting for a Pullback

Forexminute (August 4, 2016 BST)

The recent hack on a Hong Kong bitcoin exchange spurred a sharp drop in BTCUSD. Price has bounced off the $480 area but appears ready to resume ... Continue reading →


ETHXBT Technical Analysis – Fresh Downside Breakout!
ETHXBT Technical Analysis – Fresh Downside Breakout!

Forexminute (August 2, 2016 BST)

ETHXBT was previously consolidating inside a descending triangle pattern before finally making a break lower. This signals that sellers are ... Continue reading →


BTCUSD Price Technical Analysis – Bears Taking Control!
BTCUSD Price Technical Analysis – Bears Taking Control!

Forexminute (August 1, 2016 BST)

BTCUSD finally made a strong breakout of its consolidation pattern or symmetrical triangle formation. Price broke to the downside, signaling that ... Continue reading →


ETHXBT Price Technical Analysis – Stuck in a Triangle
ETHXBT Price Technical Analysis – Stuck in a Triangle

Forexminute (July 29, 2016 BST)

ETHXBT has been stuck in consolidation, forming lower highs and finding support at 0.01800. This has led to the creation of a descending triangle ... Continue reading →


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