Use technical analysis: whether the rise of Bitcoin this week?
Source:
Bitcoin Price has recently broken an important support level, does not exclude the reduction of up to $ 6,000. Judging by the technical indicators, while the bulls have enough to start a new uptrend. About it writes .
theWhen to buy Bitcoin
As before, the 100 moving average SMA signals about possible beginning of an uptrend. However, up to this point the line is used only by the dynamic resistance.
The Technical indicator RSI left the oversold zone, so bulls still have a chance to regain control of the situation into their own hands. At the moment, buyers need to pass a mark in 6430$, where is located the 200 SMA and the lower line of the Rising Wedge shape.
Traders in the traditional markets while giving the advantage of more stable assets. The reason — a trade war with China. In this situation, no one wants to risk, but even more to invest in a falling Bitcoin.
Whether you're shopping for bottoms? Share CryptoStream in .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
The most disastrous and successful ICO. What are they?
Journalist and analyst Stephen Jen has compiled a list of the most successful and disastrous ICO conducted in 2015. Most of them have collected a few million dollars, and now released the coins they cost almost nothing. Others hav...
Just a week ago, the second by market capitalization, the cryptocurrency was able to set a new price record. A few days later the air got above $ 200, with trading volumes of coins were a good sign for the trend change. On the cha...
John McAfee: of centralized crypto currency exchange will be dead in five years
According to McAfee, centralized exchanges «die» in the next five years. Their place will be decentralized exchange (DEX), which do not have the confidence of traders for normal operation. Such a move would be «the ...
Purse MyEtherWallet is under attack more often than banks, Fortune 500
Ethereum-wallet MyEtherWallet is under attack more often than the largest banks of the Fortune 500. This writes with reference to the research company Segasec that provides protection from cyber-attacks. Since the beginning of coo...
Cryptocurrency is similar to the mafia. Traders complain of dependence on digital money
could you Imagine your life without cryptocurrency, if one invested in it? For most people — the drug does not release them from the day they bought the first coins. Of course, not all Hodler happy. After some of them lost a lot o...
the Developer of the programming language JavaScript and Firefox Brendan Eich in an interview spoke about the development of their own Basic token Attention Token (BAT). the Programmer — the developer of one of the three technolog...
In the community, there is a theory according to which the price of cryptocurrency should reach $ 589 before the end of this year. Such a sharp price jump, investors divided into two camps — some believe in the prophecy of the mys...
How much will the Bitcoin to the end of the week? Analysts forecast
the exchange Rate of Bitcoin this week if and grow, it is insignificant. The cost of the first cryptocurrency in the absence of positive or negative news will be in the range from 6.3 to 6.5 thousand dollars. He writes about this,...
The end is near: refund bitcoins to the victims of the collapse of Mt.Gox could crash the market
Recently, representatives of the exchange Mt.Gox began a rehabilitation plan for the affected investors. According to the lawyers, traders can expect compensation of about 170 000 coins to BTC and BCH in the near future. However, ...
The price of Litecoin rests on the key level. Will there be growth?
the Price movement of Litecoin are not yet talking about the exact change of trend, but on 4-hour chart cryptocurrency is already formed a double bottom. If coin will be able to break the level of $ 70, it is possible to speak abo...
Charlie Lee has named a new reason for selling all my litecoin
the Founder of Litecoin Charlie Lee led another argument in favor of rather controversial decisions to sell all of his coins . According to the businessman, the profit from the transaction allowed him to fully concentrate on the d...
Despite the overwhelming bearish sentiment on the market in the next 18 months, the situation on the stock market can change dramatically — and the main force will be the bulls. The fact is that the infrastructure of digital money...
Casino robbery: decentralized application EOSBet hacked. Losses have exceeded $ 200,000
the Players of decentralized casino on the blockchain suffered huge losses due to vulnerabilities in smartcontract application. Using the flaw, hackers managed to steal thousands of coins worth more than $ 200,000. About it writes...
Mining vs correction: Hasrat Bitcoin doubled in just a few months
According to research firm Fundstrat, Hasrat of Bitcoin has doubled since may of this year. The rising popularity of mining crypto currencies has not prevented even one of the most severe corrections in the history of the stock ma...
Use technical analysis: what will happen to the price of Bitcoin this week?
slowly approaching the level of $ 7,000. Can you talk about the end of the bearish trend, or is it just a lull before a new fall? Situation analysis on the charts of crypto currencies held in . the the 4-hour chart Now, the main ...
What are the main advantages of Bitcoin? The opinion of the maker of Litecoin Charlie Lee
Bitcoin is not censored, and transactions in the blockchain coins are unchanged. These features are the main advantages of coins, said the founder of Litecoin Charlie Lee. The businessman told about the advantages of Bitcoin from ...
The potential of the blockchain is endless. Evidence from the world economic forum
the world economic forum (WEF) has allocated more than 65 ways real use of the blockchain in solving problems related to the environment. The results of the research analysts published in the report «Building Block(chain)s fo...
Tezos increased by 30 percent. Cryptocurrency is preparing to exit beta test
the Weak activity of the stock market did not prevent bitcoin to grow more than 30 percent. The main reason for the growth Tezos — launch core network coins on Monday. About it writes . the a promising New altcon on Friday, the te...
Comments (0)
This article has no comment, be the first!