The holidays are over and we are back to write our weekly digest: Bitcoin weekend №5. The week turned out to be dynamic, roughly speaking, BTC added + $10,000 in value. Last week, sellers tried to reverse the trend, sharply dropping the price by -20% from 34,000 to 28,000. But the crowd said: We still need to grow, and now, the price approaches to the...
Ripple is alive . A small consolidation in which sellers were completely exhausted gave the XRP market a chance for new heights. The main achievement of XRP is the return of the $0.24-0.26 range . However, no less important fact is that buyers do not allow sellers to organize a deep correction. For example, a similar negative situation occurred in the XMR...
From November 26 in the XLM market continues to correct the strong growth. Sellers have formed a clear channel of price movement. An attempt to break the lower trend line on December 24 ended with a big hairpin down at increased volumes. In fact, since December 25, the price of XML has been falling sluggishly, looking for a strong foothold for a new local...
Well, the vassal Stellar fell along with his master Ripple. The low was fixed at $0.11 and the forecast of the previous idea was clearly fulfilled. According to Stellar, there is no negative news same as according to Ripple. Therefore, the XLMUSDT fall over the past day amounted to -33% against -53% in XRPUSDT. And the rebound from the low is much more...
The difficult period that lasted on the EOS market from December 24 is over. Buyers were unable to take control of the $2.6-2.7 range. Weakness of buyers was especially noticeable on December 30. In the previous idea , we assumed a short-term drop to the mark of $2.36 to check the presence of a big buyer. However, as it turned out, the range of $2.6-2.7 was...
Honestly, the rapid growth of DOTUSDT surprised even us) It took less than a week for the previous idea to work out for all targets and make +60%. And now an interesting situation emerges, because the aggression of purchases does not fade , you can look for the purpose of fixing longs above. If you are the lucky one who still holds the DOT long, then the...
ETH investors received a nice gift over the weekend. Raising the price by almost 60% , buyers easily broke the critical range, which we wrote about in the previous idea - $800-840 . Having set a new local high of $1162 , buyers felt resistance in the range of $1123-1156. In the 15-minute timeframe, you can clearly see how the volumes started to increase in...
Judgment Day has come! Buyers managed to break the $147 level. Thus the purpose of our previous idea is achieved. Trading volumes at the time of the $ 147 attack were very high. Today, the sellers decided to show their strength and returned the price of LTC within the white wedge. This will now address the question of whether the $147 break is false....
The new year has not started too positively for XRP investors. from December 28 the price is trading below the range of $0.24-0.26 . During the week, buyers managed to test this range only a few times. Recall that the last time in September 2020, sellers managed to lower the price below this range, the buyers for 3 months could not break this range. On...
What is the magic in the crypto market ? This is when the whole world is celebrating the New Year, all markets are closed, liquidity and volatility should be low ... And Bitcoin is renewing its historical high. The long-awaited mark of $30,000 was broken. After the test, sellers appeared on the market at a price of $34,788. Their main liquidity zone is in...
Welcome to the New 2021, let it be definitely better than the previous year, and let all your wishes come true. Even the festive New Year mood cannot take our desire to write the weekly digest "Bitcoin Weekend". Here is the BTCUSD chart in 4 timeframes and let's try to figure out what is visible there. The past week, as well as the last month of 2020 in...
Globally, Dow Jones industrial index has been on the growth for almost 90 years since the Great Depression. Ironically, World War II launched an industrial boom in the United States that pushed the index up. It took 30 years and increase in 10 times of the DJI value before a more or less significant correction took place in 1973 , and the oil crisis can be...
If we analyze the previous idea , we see that after the level $66 did not let the price move up, a fall began. But the ZEC value did not reach the desired target of $43. For the third time, someone was actively buying a coin at $50-51. As a result: a smooth growth to the level $66, and after the halving on 17 November, the growth greatly accelerated, reaching...
Monero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth. For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added. In fact, XMR attracts users through its anonymity. Especially, users from the Asian region, because according to Coinmarketcap, ...
Confidence, anonymity and anarchy are the concepts that characterize XMR . The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes. This nature...
A little over a month has passed since the previous idea for Dash was published. And if you want to read a little history on the coin, or see the picture on a more global scale, you should read the previous idea. Over the past month, Dash has left a long consolidation upward, of course, the BTC growth helped it a lot. The price broke the trend line and even...
The relatively independent XMR coin, which has repeatedly shown its character and continued to grow during the BTC correction, found itself in an interesting situation. From November 26, the price of HMR clearly moved within the white growth channel , well predicting the next local high. However, on December 21, buyers began to be careless with the maintenance...
DASH's consolidation is coming to an end. The wide consolidation range of $87-119, in which the DASH price is traded from November 24, begins to narrow. The buyers' attack began on December 24. The previous local growth wave is now being corrected. Sellers are testing the $95-97 range on small volumes. this range constantly slowed down the price, but did...
