Tag Archives: Trading

Bitcoin price declined sharply below the $9,330 and $9,060 support levels against the US Dollar.It traded as low as $8,897 and it is currently correcting higher above $9,330.There is a major bearish trend line forming with resistance near $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $9,600 resistance or start a fresh decline below $9,330.Bitcoin price is currently recovering higher above $9,330 and $9,450 against the US...

Tron price is recovering nicely and trading well above the $0.0150 support against the US Dollar.TRX price is showing positive signs above the $0.0155 and $0.0160 levels.There was a break above a key bearish trend line with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the main $0.0170 resistance zone.TRON price is slowly moving back into a positive zone against the US Dollar, similar to bitcoin. TRX price must break...

Ethereum price is recovering nicely from the $218 support zone against the US Dollar.ETH price must break the $235 resistance zone to continue higher in the near term.There is a key bearish trend line forming with resistance near $235 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $235 resistance or it might restart its decline below $225.Ethereum price is attempting a key upside break above $235 and $240 against the US Dollar. ETH/USD is likely to...

Stellar lumen price failed to stay above the $0.0750 support and declined recently against the US Dollar.XLM price is currently declining and trading well below the $0.0700 pivot level.There is a key bearish trend line forming with resistance near $0.0720 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more losses below the $0.0620 and $0.0600 support levels.Stellar lumen price is now back in a bearish zone below $0.0700 against the US Dollar, similar to bitcoin. XLM...

Ripple price is trading in a bearish zone below the $0.1945 resistance zone against the US dollar.The price failed to correct above $0.1945 and it is now trading near the $0.1850 support.There are two bearish trend lines forming with resistance near $0.1920 and $0.1960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses below the $0.1850 and $0.1820 support levels.Ripple price is under pressure and trading well below $0.1920 against...

Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....

EOS price is trading above a couple of key supports near $2.700 against the US Dollar.The price is likely to start a strong increase if it clears the 55 simple moving average (4-hours) and $2.800.There is a major contracting triangle forming with resistance near $2.775 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline heavily if it breaks the main $2.650 support zone in the near term.EOS price is showing positive signs above $2.650 against the US...

Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...

ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...

Bitcoin price started a downside correction from the $10,420 swing high against the US Dollar.It tested the $9,280 region and currently trading nicely above key supports.There is a key bullish trend line forming with support near $9,540 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above the $9,280 swing low.Bitcoin price is trading in a nice uptrend above $9,540 and $9,300 against the US Dollar. BTC could...