Tag Archives: ShortTerm

Bitcoin Cash Hits $1,500 Amid Short-Term Bull Reversal

Bitcoin cash has rallied more than 96 percent from recent lows, but still remains trapped in a bearish pattern, the technical charts indicate. As of writing, bitcoin cash (BCH) is trading at $1,500, as per data source CoinMarketCap. The world’s fourth-largest cryptocurrency by market capitalization has appreciated by 11 percent in the last 24 hours, […]

Ethereum Price Technical Analysis – ETH/USD to Rise Short-term

Key Highlights ETH price is slowly moving higher and is currently trading above $830 against the US Dollar. There is a major bullish trend line forming with support at $832 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to grind higher and it could even trade above the $860 […]

Ethereum Price Forecast: Ether in Short-term Downtrend

Ether extended declines below $1,100.00 against the US dollar while gaining further versus bitcoin. ETH/USD is currently showing signs of short-term weakness. Key Highlights Ether failed to hold important supports and traded toward the $1,000.00 level against the US dollar. ETH/USD broke a crucial bullish trendline with support at $1,100.00 on the 4-hour chart. ETH/BTC […]

Bitcoin & Ethereum Are Building Explosive Short-term Chart Patterns

DailyFX.com – Bitcoin, Ethereum Highlights: Bitcoin near the apex of a triangle, sitting on big support Ethereum building a similar pattern, but not at quite the spot of importance as Bitcoin A big move in cryptocurrencies could be in store in days ahead Want to learn more about cryptocurrencies? Check out this guide, Introduction to […]

Ethereum Price Technical Analysis – ETH/USD Breaks Short-term Support

Key Highlights ETH price failed to remain above the $296 support area against the US Dollar and moved down. There was a break below yesterday’s contracting triangle with support at $296 on the hourly chart of ETH/USD (data feed via SimpleFX). The price found bids near $286 and is currently correcting higher towards $295. Ethereum […]

Ethereum Price Technical Analysis – ETH/USD Short-term Correction

Key Highlights ETH price started a new downside wave from the $305.22 swing high against the US Dollar. There is a bearish trend line forming with resistance at $293.80 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move down towards the $291 and $288 support levels. Ethereum price […]

Ethereum Price Technical Analysis – ETH/USD Broke Short-term Support

Key Highlights ETH price struggled to remain above the $337 support zone against the US Dollar and moved down. There was a break below a key bullish trend line with support at $332 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to correct lower and could even retest the […]

Ethereum Price Technical Analysis – ETH/USD Short-term Correction

Key Highlights ETH price started a short-term correction after trading as high as $313.05 against the US Dollar. There was a break below two bullish trend lines with support at $310 and $305 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is now trading close to the 100 hourly simple moving […]

Ethereum Price Technical Analysis – ETH/USD Breaks Short-term Support

Key Highlights ETH price failed to move above the $295 level against the US Dollar and traded down. There was a break below yesterday’s highlighted bullish trend line with support at $291 on the hourly chart of ETH/USD (data feed via SimpleFX). There is now a new connecting bearish trend line forming with resistance near […]

Prominent Trader: Short-Term Bitcoin Price May Depend on South Korean Market

This article was posted on Saturday, 14:21, UTC. Prominent bitcoin trader, investor, and researcher Tuur Demeester stated that the center mass for the bitcoin price would depend on the South Korean bitcoin exchange market in the short-term. // — Discuss and ask questions in our community on Workplace. Don’t have an account? Send Jonas Borchgrevink […]

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