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BTCCNY Price Technical Analysis – Breakdown Alert!

BTCCNY Price Technical Analysis – Breakdown Alert!

Forexminute (July 21, 2016 BST) -


BTCCNY could be in for a reversal from its previous uptrend as price broke below the ascending channel support on the 1-hour time frame. Price also moved below the moving averages, indicating that sellers are taking control. The 100 SMA is above the 200 SMA for now so buyers could still have a chance to allow ...
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BTCUSD Price Technical Analysis – Bulls to Return?
BTCUSD Price Technical Analysis – Bulls to Return?

Forexminute (July 20, 2016 BST)

BTCUSD is still inside its ascending channel visible on the 1-hour time frame, confirming that the uptrend could continue. Price bounced off the ... Continue reading →


ETHXBT Price Technical Analysis – Buyers Ready to Push Higher
ETHXBT Price Technical Analysis – Buyers Ready to Push Higher

Forexminute (July 19, 2016 BST)

ETHXBT is gaining traction on its uptrend upon breaking past a descending triangle resistance recently. Price is now moving inside an ascending ... Continue reading →


BTCCNY Price Technical Analysis – Ready for a Channel Bounce!
BTCCNY Price Technical Analysis – Ready for a Channel Bounce!

Forexminute (July 19, 2016 BST)

BTCCNY is still on a steady uptrend and safely inside its ascending channel formation on the 1-hour time frame. Price was rejected on its test of ... Continue reading →


BTCUSD Price Technical Analysis – Bullish Continuation Signal!
BTCUSD Price Technical Analysis – Bullish Continuation Signal!

Forexminute (July 18, 2016 BST)

BTCUSD was previously trading inside a symmetrical triangle consolidation pattern before bulls took over and pushed for an upside break. Buying ... Continue reading →


ETHXBT Technical Analysis – Descending Triangle Formation
ETHXBT Technical Analysis – Descending Triangle Formation

Forexminute (July 14, 2016 BST)

ETHXBT has formed lower highs and found support around 0.01550, creating a descending triangle formation. Price is bouncing off the triangle ... Continue reading →


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

Forexminute (July 13, 2016 BST)

BTCUSD appears to have broken above a longer-term consolidation pattern but is now making a correction from the rally. Applying the Fib tool on ... Continue reading →


BTCCNY Technical Analysis – Heads Up for a Breakout!
BTCCNY Technical Analysis – Heads Up for a Breakout!

Forexminute (July 12, 2016 BST)

BTCCNY is still stuck in its symmetrical triangle consolidation pattern visible on the 4-hour time frame. Price has been treading carefully ... Continue reading →


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

Forexminute (July 11, 2016 BST)

BTCUSD price is consolidating inside a symmetrical triangle pattern visible on its 4-hour time frame. Price is already at the peak of the ... Continue reading →


BTCCNY Technical Analysis – Another Breakout Looming?
BTCCNY Technical Analysis – Another Breakout Looming?

Forexminute (July 8, 2016 BST)

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


BTCUSD Price Technical Analysis – Triangle Breakout!
BTCUSD Price Technical Analysis – Triangle Breakout!

Forexminute (July 7, 2016 BST)

BTCUSD price had been consolidating inside a symmetrical triangle pattern before making a strong downside break. This signals that price could be ... Continue reading →


ETHXBT Technical Analysis – Aiming for Previous Lows!
ETHXBT Technical Analysis – Aiming for Previous Lows!

Forexminute (July 4, 2016 BST)

As mentioned in the previous update, ETHXBT has found resistance at the falling trend line and the Fib levels on its 4-hour time frame. Price has ... Continue reading →


BTCUSD Technical Analysis – Headed for Range Resistance
BTCUSD Technical Analysis – Headed for Range Resistance

Forexminute (July 1, 2016 BST)

BTCUSD appears to be moving sideways, finding support at $620 and resistance at $680. Price is nearing the top of the range at the moment, ready ... Continue reading →


ETHXBT Technical Analysis – Bulls Trying Harder!
ETHXBT Technical Analysis – Bulls Trying Harder!

Forexminute (June 30, 2016 BST)

ETHXBT recently found resistance at the area of interest and falling trend line marked in a previous article but bears are having difficulty ... Continue reading →


BTCUSD Technical Analysis – Bears Are Back!
BTCUSD Technical Analysis – Bears Are Back!

Forexminute (June 29, 2016 BST)

BTCUSD price has been forming higher lows and lower highs, creating a symmetrical triangle pattern on its 1-hour time frame. Price just broke ... Continue reading →


ETHXBT Technical Analysis – Downtrend to Resume?
ETHXBT Technical Analysis – Downtrend to Resume?

Forexminute (June 24, 2016 BST)

ETHXBT looks ready to resume its drop after testing the resistance at 0.02400. This lines up with a falling trend line and the 100 SMA dynamic ... Continue reading →


BTCCNY Technical Analysis – Area of Interest Held as Expected
BTCCNY Technical Analysis – Area of Interest Held as Expected

Forexminute (June 24, 2016 BST)

BTCCNY bounced off the area marked in blue as predicted in the previous article. This area of interest lined up with a former resistance level ... Continue reading →


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