Bitcoin has been on a bullish run over the last week. In the near-term, we have signs pointing that a retracement is in store. Over the past 24 hours, open shorts on Bitfinex have increased about 50% whereas open longs have decreased about 5%. We also have a bearish divergence between price and RSI showing buying pressure is falling off. Looking to enter a...
Yesterday, the SEC announced that it will be rejecting the proshares ETF. The technical analysis situation prior to this was looking bullish for bitcoin with many signs pointing to further upward movement: -MACD converging showing selling momentum is dropping off -Both RSI and price forming higher highs and higher lows -Futures no longer trading at a premium,...
Bitcoin Technical Analysis on 13 August, 2018. Bullish start to the week but after the recent bloodbath, is this rise to be short-lived? Read full analysis here: blokt.com
EOS technical analysis on 11 August, 2018. EOS underperforms amid market bloodbath and looks like further bearish movements to follow from here. Read full analysis here: blokt.com
Bitcoin technical analysis on 11 August, 2018. After two weeks of steep losses in Bitcoin, the outlook is strongly bearish. Some signs are still pointing towards bullish movements so for the moment, price trades in a range. Read full analysis here: blokt.com
EOS technical analysis on 10 August, 2018. EOS looks set for further drops after underperformance yesterday. Next level, $4.5? Read full analysis here: blokt.com
Bitcoin Technical Analysis on 10 August, 2018. After two weeks of steep decline, Bitcoin records a significant rise yesterday. Bulls and bears battle on the direction of next move. Read full analysis here: blokt.com
Tron technical analysis on 09 August, 2018. After recent steep losses, Tron is recovering today in line with Bitcoin. Trading close to extremely important support level. blokt.com
Bitcoin technical analysis on 09 August, 2018. After a week of steep losses, does today's rise have real strength behind it. Some technical analysis indicators would say yes. Read full analysis here: blokt.com
EOS technical analysis on 08 August, 2018. Steep losses for EOS amid market bloodbath. Trading far below $7 level. Many signs pointing to further downward movement. Read full analysis here: blokt.com
Bitcoin technical analysis on 08 August, 2018. The bloodbath continues with price dropping aggressively on news of the ETF rejection. Read full analysis here: blokt.com
Tron technical analysis on 07 August, 2018. With Tron currently experiencing some resistance and a drop in volume, the outlook for the price is looking bearish. This could be the opportunity for short sellers to take positions. Read full analysis here: blokt.com
Price is rising today but is it a bull trap? Read full analysis here: blokt.com
Tron Technical Analysis on August 06, 2018. Many signs pointing towards a bearish movement for Tron. Price has been recording steep losses amid current cryptocurrency market downturn. Read full analysis here: blokt.com
Bitcoin technical analysis on August 06, 2018. Each retest of $6850 support makes it more likely that we break below. After a week of hard losses, it seems like we could be entering a new downtrend. Full analysis here: blokt.com
EOS Technical Analysis on 05 August 2018. EOS looks set to go below $7 which does not look good for future price action. Has the project been a failure? Read full analysis here: blokt.com
Bitcoin technical analysis on August 05, 2018. After yesterdays bloodbath, Bitcoin returned to sub-$7k levels. Currently, its price is back above $7k but for how long? Read full analysis here: blokt.com
Tron technical analysis on August 04, 2018. A fall below long-term support is not a good sign for Tron. With most of the market reporting steep losses, the outlook is very bearish for the price of Tron. Read full analysis here: blokt.com