CoinPhlip

CoinPhlip

For the last months I wasn't spending much attention to altcoins, except from their total marketcap point of view. Most of the time they were bleeding out anyhow. What brought my attention to BINANCE:ETCBTC ? I was screening some of the volumes to marketcap on CoinMarketCap and found that ETC has a really hight volume to marketcap ratio, constantly over the last...

CoinPhlip Updated 

WTI is about to approach the upper band of the downward channel. Based on the 4hr chart this is a significant level. Within the last weeks price failed already several times and corrected even further after those attempts. The EMAs are trying to get in order, which means the lowest (8) on top and the highest (144 /200MA) below all others. Based on this we are...

CoinPhlip Updated 

Bitcoin lost 7-8% yesterday and we price touched an important area support. Several factors support the assumption of strong support around $10,000 to $9,800: 1. The 89 days EMA acted as support for several time already and so far held on all attempts in the near past. 2. It is also the lower side of an triangle, that is beginning end of June and we are...

CoinPhlip Updated 

With this short analysis I would like to point your attention on the chart for Bitcoin's dominance and an outlook of what can happen next. Bitcoin's dominance entered an important zone of support and resistance. Many factors could try to block the rise for Bitcoin in terms of dominating the crypto market. An outbreak out of this are could mean an explosive...