#ETHUSD
OUTLOOK: Bullish above $612
Break above $612 (50DMA + falling channel hurdle) would confirm bear-to-bull trend change and allow rally to $656 (100DMA).
Close below $575 (previous day's low) would embolden bears.
OUTLOOK: Bullish above $612
Break above $612 (50DMA + falling channel hurdle) would confirm bear-to-bull trend change and allow rally to $656 (100DMA).
Close below $575 (previous day's low) would embolden bears.
#BTCUSD
OUTLOOK: Bullish abv $7,780
Daily chart shows upside break of falling channel + higher lows as represented by rising trendline
Needs to clear immediate resistance at $7,780 to confirm a bear-to-bull trend change.
OUTLOOK: Bullish abv $7,780
Daily chart shows upside break of falling channel + higher lows as represented by rising trendline
Needs to clear immediate resistance at $7,780 to confirm a bear-to-bull trend change.
#ETHUSD
OUTLOOK: Teasing Bull Flag Breakout
Need a solid breakout - preferably a close abv $728.
A sideways breakout (prices remain near $610) wouldn't imply bull revival
OUTLOOK: Teasing Bull Flag Breakout
Need a solid breakout - preferably a close abv $728.
A sideways breakout (prices remain near $610) wouldn't imply bull revival
42.8% of cryptocurrency investors intend to ‘hodl’ their funds over a long period, according to Bithumb recent study.
Hodl plans were diverse among different age groups, with the highest percentage (49.1%) of long-termers present among investors over 50. By comparison, just 30% of twenty-somethings forecast keeping hold of their coins in the long run.
Regulatory support is meanwhile being seen as a boon for future growth, with Bithumb users broadly welcoming government approaches on tax and other areas. 39.5% would keep their investment even in the event of needing to pay capital gains tax – 11% more compared to last year – while only 13.1% said they would “stop investing” in the face of such obligations.
Hodl plans were diverse among different age groups, with the highest percentage (49.1%) of long-termers present among investors over 50. By comparison, just 30% of twenty-somethings forecast keeping hold of their coins in the long run.
Regulatory support is meanwhile being seen as a boon for future growth, with Bithumb users broadly welcoming government approaches on tax and other areas. 39.5% would keep their investment even in the event of needing to pay capital gains tax – 11% more compared to last year – while only 13.1% said they would “stop investing” in the face of such obligations.
#BTC
OUTLOOK: Neutral
BTC continues to trade in a sideways manner.
4-hour chart shows inverted flag-like pattern.
Break above $7,780 would allow a rally to $8K.
Downside break of the flag will likely yield a sharp drop below $7K.
OUTLOOK: Neutral
BTC continues to trade in a sideways manner.
4-hour chart shows inverted flag-like pattern.
Break above $7,780 would allow a rally to $8K.
Downside break of the flag will likely yield a sharp drop below $7K.
CryptoBullet
#BTC OUTLOOK: Neutral BTC continues to trade in a sideways manner. 4-hour chart shows inverted flag-like pattern. Break above $7,780 would allow a rally to $8K. Downside break of the flag will likely yield a sharp drop below $7K.
The probability of a bear flag breakdown (seen above) is high as #BTC bulls have failed to capitalize on the upside break of the falling channel.
Bulls need a quick break above $7,780.
Bulls need a quick break above $7,780.
#EOS
OUTLOOK: Bullish abv $15
This one could fly high if BTC picks up a strong bid.
4hr chart shows upside break of falling channel, and higher highs, higher lows pattern.
50,100 MA are biased bullish. 200MA has shed bearish bias.
OUTLOOK: Bullish abv $15
This one could fly high if BTC picks up a strong bid.
4hr chart shows upside break of falling channel, and higher highs, higher lows pattern.
50,100 MA are biased bullish. 200MA has shed bearish bias.
#BTC
OUTLOOK: Bearish
Weekly chart: Downside break of the pennant indicates a resumption of sell-off from record highs and will likely yield a drop below Feb. low of $6,000.
100-week MA is lined at $4,497 and rising trendline supp is seen around $3,500.
OUTLOOK: Bearish
Weekly chart: Downside break of the pennant indicates a resumption of sell-off from record highs and will likely yield a drop below Feb. low of $6,000.
100-week MA is lined at $4,497 and rising trendline supp is seen around $3,500.
#BTC 4-hour chart
RSI shows extreme oversold conditions, so a minor corrective rally cannot be ruled out, but will likely be short-lived.
RSI shows extreme oversold conditions, so a minor corrective rally cannot be ruled out, but will likely be short-lived.
#EOS, Weekly chart
OUTLOOK: Bearish
Rising trendline breached
5, 10-week MA bearish crossover is seen
Closed last week below 50% Fib retracement
EOS could test $9.09 (61.8% Fib) soon
Move above 10-week MA of $13.61 would abort bearish view
OUTLOOK: Bearish
Rising trendline breached
5, 10-week MA bearish crossover is seen
Closed last week below 50% Fib retracement
EOS could test $9.09 (61.8% Fib) soon
Move above 10-week MA of $13.61 would abort bearish view