Tag Archives: Trading

Bitcoin cash price started a major decline below the $600 zone against the US Dollar. The price is now trading well below the $600 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $572 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above $572 and $600. Bitcoin cash price is eyeing recovery above $580 against the US Dollar,...

EOS price extended its decline and traded below $4.00 against the US Dollar. The price is now trading well below $4.80 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $5.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could recover higher if there is a clear break above the $4.50 and $4.80 resistance levels. EOS price is trading in a bearish zone below $5.00 against the US...

Litecoin price declined heavily below $180 and tested $145 against the US Dollar. LTC price is now trading below $170 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $164 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $175 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $145 against the US Dollar, similar to...

Tron price started a fresh decline from the $0.1200 resistance against the US Dollar. TRX price is now trading below $0.1000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.1150 on the 4-hours chart (data feed via Bitfinex). The pair could accelerate lower if there is a clear break below the $0.8200 support zone. TRON price failed to continue higher above $0.1200 against the US Dollar, similar to...

Bitcoin price started a major decline below the $45,000 support against the US Dollar. The price is now trading below $44,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $42,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $44,000 to start a steady increase in the near term. Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could...

ADA price started a sharp decline from the $2.60 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2.35 on the 4-hours chart (data feed via Bitfinex). The price could remain in a bearish zone as long as it is below the $2.35 resistance zone. Cardano price is down over 10% and it broke the $2.20 support against the US Dollar, similar to bitcoin....

Ethereum price started a major decline below the $3,500 support against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,200 on the 4-hours chart (data feed from Coinbase). The pair could correct higher, but the bears are likely to remain active near $3,200. Ethereum price is showing bearish signs below $3,200 against the US Dollar. ETH/USD could resume its...

Stellar lumen price started a strong decline from the $0.3400 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3300 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a break below the $0.2800 and $0.2720 support levels. Stellar lumen price is gaining bearish momentum below $0.3000 against the US...

Ripple price started a strong decline from the $1.12 resistance against the US dollar. The price is now trading below $1.05 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.06 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its decline below $0.9500 as long as it is below $1.12. Ripple price is showing bearish signs below $1.05 against the US Dollar, similar to...

Bitcoin cash price started an upside correction from the $600 zone against the US Dollar. The price is now trading near the $650 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $640 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $650 and $660 resistance levels. Bitcoin cash price is eyeing recovery above $660 against the US Dollar,...