Tag Archives: Trading

Bitcoin price declined heavily below the $11,800 and $11,500 support levels.The price traded as low as $11,101 and it is now well below the 55 SMA (H4).There is a key bearish trend line forming with resistance near $11,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides as long as it is below the $11,500 level.Bitcoin price is currently trading in a bearish zone below $11,500 against the US Dollar. BTC could extend its losses...

ADA price is in a bearish zone and it is trading below the $0.1300 pivot against the US Dollar.The price is currently struggling to recover above $0.1250 and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $0.1245 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1250 resistance or it might dive below the $0.1200 support.Cardano price is struggling to clear $0.1250 against the US Dollar,...

Ethereum price started a fresh increase from the $380 support zone against the US Dollar.ETH price managed to recover above the $395 and $400 resistance levels.There was a break above a key connecting bearish trend line with resistance near $395 on the 4-hours chart (data feed from Coinbase).The pair is currently facing a strong resistance near $410 and the 55 simple moving average (4-hours).Ethereum price is slowly recovering higher from $380 against the US Dollar. However, ETH/USD must...

Stellar lumen price is currently holding the $0.0980 and $0.1000 support levels against the US Dollar.XLM price is facing many hurdles near the 55 simple moving average (4-hours) and $0.1080.There is a key bearish trend line forming with resistance near $0.1024 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.1050 and $0.1080 resistance levels.Stellar lumen price is holding a couple of key supports against the US Dollar, similar to...

Ripple price declined steadily, but it is holding the $0.2740 support zone against the US dollar.The price is currently attempting a decent recovery above the $0.2800 resistance zone.There was a break above a major bearish trend line with resistance near $0.2860 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is facing an uphill task near the $0.2950 resistance and the 55 simple moving average (4-hours).Ripple price is slowly moving higher above $0.2800 against...

Bitcoin cash price corrected lower, but it stayed above the $280 support against the US Dollar.The price is currently recovering, and trading above the $295 level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $288 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must break the $305 and $310 resistance levels for a fresh increase in the near term.Bitcoin cash price is slowly moving higher towards $300 against...

EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...

Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...

Tron price jumped more than 25% and climbed towards the $0.0325 level against the US Dollar.TRX price traded as high as $0.0325 and recently started a downside correction wave.There is a key bullish trend line forming with support near $0.0260 on the 4-hours chart (data feed via Bitfinex).The pair is likely to bounce back above $0.0280 as long as it is trading above the $0.0250 support.TRON price is currently correcting gains from highs against the US Dollar, similar to bitcoin. TRX price...

Bitcoin price started a downside correction after it topped near the $12,489 level.The price is declining and it is trading below the $12,000 level and the 55 SMA (H4).There is a crucial bullish trend line forming with support near $11,640 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the $11,640 and $11,400 support levels to start a fresh increase.Bitcoin price is currently correcting lower from the $12,500 barrier against the US Dollar. However,...