Coin_Analyst

Coin_Analyst

Conclusion for today’s Monero Analysis (XMRBTC): Price closing above ~0.01179518 implies resumption of the current bullish swing from May 13, 2019. The 1 hour timeframe of Monero (XMRBTC) is presented using a log scale. Price action covered focuses on the bearish price channel to current date. A break out with XMRBTC closing above the upper boundary of the...

Coin_Analyst

The 1 hour timeframe of the AUDCAD is presented with a closer look at the most recent chart pattern development and price action. Price action from May 22, 2019 to current date is captured using a rising wedge (diagonal) chart pattern (ideally bearish). Besides, price closing outside of the chart pattern provides confirmation that lower prices can be expected in...

Coin_Analyst

Conclusion for today’s USD JPY technical analysis: The USD JPY remains range bound and a bearish bias is favored with price returning to the lower boundary at 104.647. USDJPY analysis for today is carried out on the 6 hour timeframe using a candlestick chart. Attention is paid mainly to the current chart patterns and their likely implications for further price...

Coin_Analyst

Conclusion for today’s Tron Price Analysis: Price closing above 0.030536 implies more bullish upside in Tron (TRX). Tron analysis for today is carried out on a 4 hour timeframe candlestick chart using a log scale. The bottoming price action from August 14, 2018 to current date is the main focus of study and/or examination in order to provide guidance for future...

Coin_Analyst

Conclusion for today’s Bitcoin technical analysis: Price closing below ~7451.25 implies a selloff in Bitcoin. Bitcoin analysis for today is carried out using a 4 hour timeframe candlestick chart. Close examination in this analysis and major focus is on the most recent topping formation in price action. A pennant chart pattern is highlighted on the 4 hour...

Coin_Analyst

Conclusion for today’s EURJPY analysis: Price closing below ~120.33 suggests an increase in bearish momentum in the EURJPY that should lead to further selling. EURJPY analysis for today is presented on the Daily timeframe with coverage of over 6 years price action. Reason for looking at such longer term range is to highlight the current bullish trendline in...

Coin_Analyst

Conclusion for today’s EURUSD analysis: A close above ~1.12660 implies bullish strength in the EURUSD. EURUSD analysis for today is carried out using a 1 hour timeframe candlestick chart. The main purpose of analysis today is to quickly review price action. Besides, chart patterns that can be identified are also paid attention to since they are crucial to...

Coin_Analyst

Conclusion for today’s Ethereum technical analysis: Price closing above ~325.30 implies further bullish strength in Ethereum. Ethereum analysis for today is presented on a 6 hour timeframe candlestick chart with major focus on the uptrend in Ethereum (ETHUSD) since December 15, 2018. Context is provided for price action ever since then using a bullish price...

Coin_Analyst

Conclusion for today's analysis: Price action closing above ~1.72766 is bullish for the EURNZD EURNZD analysis for today is examined on the 6 hour time frame with the sole purpose of inspecting chart patterns and moving averages (50 and 200) used in this study. Price action from December 03, 2018 to current date is present inside of what is best described as a...

Coin_Analyst

Conclusion for today's Bitcoin technical analysis: Price closing above ~10,185 can be used as part of a conservative strategy to place a long (buy) order(s) in Bitcoin. Intraday timeframe presented in today’s Bitcoin technical analysis is on the 6 hour timeframe using a Japanese candlestick chart. Use of a logarithmic scale in this case helps to provide clearer...

Coin_Analyst

Conclusion for today’s EOS technical analysis: Price closing above ~9.38 implies more bullish upside in EOSIO. The Daily timeframe candlestick chart of EOSIO is examined in today’s analysis on a logarithmic scale. The bullish price swing from December 08, 2018 till current date is the main focus of study using chart pattern(s) and moving averages. A bullish...

Coin_Analyst

Conclusion for today's EURUSD analysis: Price closing below 1.11335 implies an increase in bearish strength EURUSD analysis for today is carried out on a 4 hour time frame candlestick chart. A bearish price channel is highlighted and used to put price action in context, as well as provide an estimate or target the EURUSD. The bearish price channel as drawn is...

Coin_Analyst

The Weekly timeframe is examined in today’s NZDCAD analysis. The main purpose for analysis is to examine and explore chart patterns and their implications for the long term price development in the NZDCAD. Price peak in the week of December 28, 2015 is used as the left shoulder (LS) of a head and shoulders top pattern in the NZD CAD. Price levels and /or pivot...

Coin_Analyst

Conclusion for today’s Cardano technical analysis: Price closing above 0.00001116 implies resumption of a bullish trend in Cardano (ADABTC). Cardano analysis for today is carried out on a 6 hour timeframe that is mainly focused on the downtrend since price reached a peak of ~0.00001941 on April 03, 2019. Previous Cardano price prediction that was accurately...

Coin_Analyst

The 6 hour timeframe of the GBPAUD is inspected for chart patterns in this analysis and possible implications. A rising diagonal (wedge) in the GBPAUD is highlighted on the chart. The implication of the chart pattern is ideally bearish. 1.87224 and 1.85547 are marked as immediate resistance and support respectively. Selling the GBPAUD on a close below 1.85547...

Coin_Analyst

Conclusion for today’s Ethereum price analysis: Price closing above ~252 implies more bullish upside in Ethereum. Ethereum chart provided for this analysis is a Daily timeframe candlestick chart that uses a logarithmic scale. Previous Ethereum analysis focused on the 6 hour timeframe and the chart pattern formations (tentative) to be aware of for future price...

Coin_Analyst

Conclusion for today’s EURUSD technical analysis: Confirmation of a falling wedge chart pattern in the EURUSD implies an increase in bullish strength. EURUSD chart presented for today’s analysis is an intraday (4 hour) timeframe candlestick chart focused on price action from March 20, 2019 to current date. The chart pattern identified is a falling wedge chart...

Coin_Analyst

A break below rising diagonal (wedge) confirms a sell signal for Ziopharm Oncology Inc. 200 moving average and 50 moving average of the 1 hour timeframe are also included with both indicating and supporting bearish bias. Minimum expectation for price action is the origin of the wedge.