Category Archives: BTC

CADJPY, Sell.

CADJPY, Sell. Canadian Dollar/Japanese Yen FX:CADJPY DatTong H4: – Strong downward – Below resistance –> Sell

Bitcoin Cash Price Analysis: BCH/USD is Struggling Below $450

Key Points Bitcoin cash price failed to recover above the $440 and $450 resistance levels against the US Dollar. There is a connecting bearish trend line in place with resistance at $444 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could decline below $420 if it continues to struggle […]

Bitcoin (BTC) Price Watch: Bulls Defend Triangle Bottom Again

Bitcoin Price Key Highlights Bitcoin price tumbled down to the bottom of its long-term triangle but bulls keep buying on dips. Support continues to hold so another test of the resistance at $6,600 could take place. Technical indicators, however, are giving mixed signals on whether support might keep holding or not. Bitcoin price has bounced […]

EOS Price Analysis: Trouble Brews in Cardano as Tron Outperforms other Altcoins

Of all the coins under review, Tron is a top performer adding two percent in the last day. Regardless, sellers are in control. As a result, at spot prices, EOS, Litecoin, Stellar Lumens and Cardano traders should be shorting on every high in lower time frames. Reasonable stops should be at recent highs with first […]

Bitcoin Price Analysis: Centralization of Mining Pools open Up New Attack Vectors

After losing four percent in the last week mostly compounded by strong losses of Oct 11, sellers are in control. This view is regardless of our expectations of higher highs in the aftermath of deflating dips of last week. Despite this, we recommend aggressive traders to short at spot prices. However, risk-averse traders can take […]

DOW JONES: DON’T PANIC!

DOW JONES: DON'T PANIC! US Wall St 30 OANDA:US30USD TheRealPeaches The week before last gave us a shooting star/doji. The following week resulted in a pull-back that has everyone scared. For now, we held lower parallel support. However, I’m leaning on the prospect of more downside for now. The markets are telling us something: there […]

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking […]

EPIC #GOLD RUSH IS COMING… BIG PROFITS

EPIC #GOLD RUSH IS COMING… BIG PROFITS Gold/U.S. Dollar FX:XAUUSD Fx_Montana Since April Gold             -0.50% has sharply declined and is now horrendously over sold. In fact, the weekly RSI is the lowest in almost 12 months, right before the market rose back towards the highs. Short sellers have battered this market, and there hasn’t […]

UK HAS TO GET A BREXIT DEAL – GBP BIG PROFIT UPMOVE

UK HAS TO GET A BREXIT DEAL – GBP BIG PROFIT UPMOVE British Pound/U.S. Dollar FX:GBPUSD Fx_Montana Heading in to the key EU October summit to be held this Wednesday where Brexit will be discussed. Lots of positive Brexit talk in the last 2 weeks with the EU saying they’re prepared to offer a “supercharged […]