YOYOW's descending triangle. Usually a bullish pattern. .1596 is a support that acted extremely well as a resistance and is doing so as a support. Breaking the triangle on the upper side (black line) would take us to the local maximum and beyond (.2450)
Despite a brief rally yesterday, bitcoin (BTC) is still in corrective mode and risks falling back below $9,000, chart analysis suggests.
The bearish crossover between the 5-day MA and the 10-day MA indicates a short-term (5 days) bullish-to-bearish trend change. It also indicates the pullback from the recent high of $9,990 has not run its course.
View:
A break below $9,228 (support on the hourly chart) would add credence to the bearish 5-day MA and 10-day MA crossover and open the doors for a drop to $8,980 and $8,868 (100-day moving average).
A daily close (as per UTC) below $8,652 (April 26 low) would confirm a bearish reversal.
On the higher side, a daily close (as per UTC) above the 10-day MA (currently located at $9,452) would signal the end of the pullback from the recent high of $9,990.
The bearish crossover between the 5-day MA and the 10-day MA indicates a short-term (5 days) bullish-to-bearish trend change. It also indicates the pullback from the recent high of $9,990 has not run its course.
View:
A break below $9,228 (support on the hourly chart) would add credence to the bearish 5-day MA and 10-day MA crossover and open the doors for a drop to $8,980 and $8,868 (100-day moving average).
A daily close (as per UTC) below $8,652 (April 26 low) would confirm a bearish reversal.
On the higher side, a daily close (as per UTC) above the 10-day MA (currently located at $9,452) would signal the end of the pullback from the recent high of $9,990.
#Ethereum
Outlook: Bearish below $750
ETH is bid, but struggling to retake rising trendline
5,10MA are rolling over in favor of the bears, add credence to bearish RSI divergence
Break below $750 would expose support at $627
Outlook: Bearish below $750
ETH is bid, but struggling to retake rising trendline
5,10MA are rolling over in favor of the bears, add credence to bearish RSI divergence
Break below $750 would expose support at $627
CryptoBullet via @vote
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CryptoBullet
Buy STQ on Tidex Buy Zone 34-39 Target 48 79 100+ Also worth longterm hold Platform to be released in January 2019 and binance rumors
STQ hit 60 sats on Tidex
Profit: +53%
Congratulations to those who followed the signal.
Profit: +53%
Congratulations to those who followed the signal.
Forwarded from #OnPointCrypto VIP
We bought STQ at 27 and sold partially at 31; re entering now at 24
#BTCUSD
OUTLOOK: Bearish
Ysday's drop added credence to 5,10DMA bear cross. MAs trending south in favor of the bears
RSI below 50.00 is biased bearish
Looks set to take out support at $8,652
Only close abv 10-day MA ($9,392) would abort bearish view
OUTLOOK: Bearish
Ysday's drop added credence to 5,10DMA bear cross. MAs trending south in favor of the bears
RSI below 50.00 is biased bearish
Looks set to take out support at $8,652
Only close abv 10-day MA ($9,392) would abort bearish view
#BTCUSD 4hour chart: Bearish breakdown confirmed, RSI has dropped below 30.00 (oversold territory).
So, BTC might hold the gradually ascending 200-hour MA located at $8,639
So, BTC might hold the gradually ascending 200-hour MA located at $8,639
CryptoBullet
#BTCUSD 4hour chart: Bearish breakdown confirmed, RSI has dropped below 30.00 (oversold territory). So, BTC might hold the gradually ascending 200-hour MA located at $8,639
#BTC 4hr chart: Has dropped below the 200MA and 38.2% Fib. The RSI shows oversold conditions. So we're unable to rule out a minor uptick, possibly to downward sloping 5MA
CryptoBullet
YOYOW's descending triangle. Usually a bullish pattern. .1596 is a support that acted extremely well as a resistance and is doing so as a support. Breaking the triangle on the upper side (black line) would take us to the local maximum and beyond (.2450)
YOYO hit 0.0002567
Congratulations to those who followed the recommendation.
Congratulations to those who followed the recommendation.
📰 Bahrain Hopes to Cut Vehicle Data Storage Costs Using Blockchain
The Kingdom of Bahrain is eyeing the adoption blockchain technology in bid to cut the cost of maintaining the country's vehicle registration data.
Bahrain's General Directorate of Traffic (GDT) announced on Thursday a new plan to develop a blockchain-based vehicle registration system in the country and is now looking for a technical partner to focus on the system's design and implementation.
The Kingdom of Bahrain is eyeing the adoption blockchain technology in bid to cut the cost of maintaining the country's vehicle registration data.
Bahrain's General Directorate of Traffic (GDT) announced on Thursday a new plan to develop a blockchain-based vehicle registration system in the country and is now looking for a technical partner to focus on the system's design and implementation.