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Tag Archives: Technical

Ethereum (ETH) Technical Analysis (June 19, 2018)

With a $50 billion market cap, Ethereum is the second largest cryptocurrency in the world. As it stands, development and adoption fundamentals are on point. That’s what advises our long term projection of the coin. In the short to medium term though, it’s likely that ETH would add on to its seven percent week over week losses. Let’s look at ...

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IOTA, EOS, Litecoin, Stellar Lumens and Tron Technical Analysis (June 18, 2018)

Despite our buy projections, sell pressure is evidently strong and quickly reversing previous gains. Even though most coins as Stellar Lumens, IOTA and Litecoin are still trending within June 14 anchor candlestick, it’s very possible that bears might break lower and align with the general bear trend. That’s patience and waiting for right trigger levels to be hit is the ...

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Bitcoin (BTC) Technical Analysis (June 18, 2018)

With every slide in the cryptocurrency market, Bitcoin dominance increases. As a matter of fact, Bitcoin ball park control stands at 40 percent in the last seven days or so. That’s when bears took more than $30 billion despite supportive news from the SEC. Going forward, it could be worse for cryptocurrency portfolios because any break below $6,000 and we ...

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Ethereum Classic (ETC) Technical Analysis (June 16, 2018)

There is excitement in the ETC world and it’s palpable if we go with statistics. Shortly after the news, ETC gained 22 percent pushing its market cap to $1.44 billion. However, contrary to expectations, ETC prices have been moving within a tight trade range with limits at $16. Should we see appreciation past that level, then we it would be ...

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Bitcoin Cash (BCH) Technical Analysis (June 15, 2018)

The tide is rising and Bitcoin Cash is riding with it. In the last 24 hours, Bitcoin Cash is up nine percent meaning technical formation hints of support at $850, a previous support and bear targets from our past BCH price forecast. That aside, odds of a BCH buying follow through and confirmation of a three bar bullish reversal pattern ...

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Litecoin (LTC) Technical Analysis (June 14, 2018)–

It’s apparent that cryptocurrency, prices are immune to any form of “minor” news event. We have seen many of these not only from Charlie Lee but straight from Litecoin Foundations. VRPorn, LitePay, several merchant listing and even news from CoinBase Fund Management index are not appeasing these angry bears. As a matter of fact, Litecoin is down 25 percent in ...

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