Tag Archives: Trading

Bitcoin price declined heavily and traded below the $9,000 support against the US Dollar.The price traded as low as $8,400 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $9,405 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher towards $9,400 if it breaks the $9,000 resistance.Bitcoin price is currently correcting higher above $8,800 against the US Dollar. BTC must surpass $9,000 to start a...

Tron price declined heavily below $0.0200 and $0.0180 against the US Dollar.TRX price traded as low as $0.0156 and it is currently correcting above $0.0170.There is a major bearish trend line forming with resistance near $0.0185 on the 4-hours chart (data feed via Bitfinex).The price struggle to clear the $0.0185 and $0.0190 resistance levels in the near term.TRON price is recovering, but it is facing many hurdles against the US Dollar, similar to bitcoin. TRX price must settle above $0.0190...

Ethereum price declined heavily below $244 and recently found support near $210 against the US Dollar.ETH price is currently recovering and it is trading above the $225 resistance area.There was a break above a key bearish trend line with resistance near $225 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $244 and $250 resistance levels in the near term.Ethereum price is showing signs of a decent recovery above $225 against the US Dollar....

Stellar lumen price declined heavily and it broke the key $0.0630 support area against the US Dollar.XLM price is currently testing the $0.0550 support and it could recover in the short term.There is a major bearish trend line forming with resistance near $0.0595 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0595 and $0.0600 to start a strong recovery in the near term.Stellar lumen price is now trading in a bearish zone against the US Dollar and bitcoin. XLM price...

Ripple price declined heavily below the $0.2640 support zone against the US dollar.The price is currently consolidating above the key $0.2215 support level.There is a major bearish trend line forming with resistance near $0.2375 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2375 and $0.2465 to start a decent recovery in the coming sessions.Ripple price is currently consolidating above $0.2200 against the US Dollar. XRP price remains at a risk...

Bitcoin cash price declined heavily below the $360 and $350 support levels against the US Dollar.The price tested the $300 support area and it is currently correcting higher.There is a short term ascending channel forming with support near $318 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to move down below the $315 and $300 support levels in the near term.Bitcoin cash price is trading in a downtrend below $350 against the US Dollar. BCH/USD...

EOS price started a major decline from the $4.429 swing high against the US Dollar.The price broke many key supports near the $4.000 and $3.800 levels.There is a key bearish trend line forming with resistance near $3.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but the bears are likely to remain active near $3.800.EOS price is down more than 10% and it broke the key $3.800 support against the US Dollar, similar to bitcoin. It seems like...

Litecoin price declined heavily and broke a few key supports near $68.00 against the US Dollar.LTC price struggled to stay above $65.00 and even declined below $60.00.There was a break below an important bullish trend line with support at $72.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now in a bearish zone and it could even decline below the $58.00 support.Litecoin price is down more than 20% from highs against the US Dollar, similar to bitcoin. LTC...

ADA price started a nasty decline after it broke the $0.0600 support against the US Dollar.The price even traded below the $0.0550 support level to enter a bearish zone.There is a major bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more losses below the $0.0520 and $0.0500 levels in the near term.Cardano price is down more than 5% and trading in a bearish zone against the US Dollar, similar to bitcoin. ADA...

Bitcoin price topped near the $10,030 level and declined heavily against the US Dollar.The price is now trading with a bearish bias and it is well below the $9,400 level.There is a key bearish trend line forming with resistance near $9,780 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue lower if it breaks the $9,100 and $9,080 support levels.Bitcoin price is showing signs of bearish continuation below $9,400 against the US Dollar. BTC is...