Coin_Analyst

Coin_Analyst

Conclusion for today’s EOS technical analysis: The current downside potential for EOSBTC is limited and should be followed by a bullish swing in price. The 6 hour timeframe candlestick chart of EOSBTC is presented using a log scale. Context is provided for price action to current date since inception using a bearish channel (tentative). Also indicated on the...

Coin_Analyst

Conclusion for today’s Bitcoin technical analysis: Price closing below ~8883.35 implies lower prices for Bitcoin. Bitcoin technical analysis for today (July 21, 2019) is carried out on an intraday timeframe (6 hour) candlestick chart. A log scale of the chart shows the bullish trendline drawn for Bitcoin that has been active since March of 2019. The trendline...

Coin_Analyst

Conclusion for today's Cardano analysis: Consolidation in price at the 0.05 price level could provide support for resumption of bullish momentum. The 6 Hour timeframe of Cardano (ADA) is examined using a candlestick chart that provides over 7 months of price action. The duration in Cardano price did produce an upswing in price from ~0.02700 to 0.10600 on June...

Coin_Analyst

Conclusion for today’s Bitcoin technical analysis: Price closing above ~17,137 points towards more bullish upside in Bitcoin. A logarithmic scale is used in today’s analysis on the Daily timeframe candlestick chart of Bitcoin. Price action coverage is from December of 2017 where the major downtrend commenced until current date. The most recent bullish trend in...

Coin_Analyst

Conclusion for today’s Bitcoin Cash technical analysis: The downtrend is expected to continue with 0.02388 as the minimum target if the 0.03095 price level is breached. Bitcoin Cash Analysis (BCH/BTC) for today is provided using a log scale on the Daily timeframe candlestick chart. The downward trend on the Daily timeframe is highlighted using a bearish trend...

Coin_Analyst

Conclusion for today’s Zcash price prediction: A bullish swing is expected to target between 0.010803 and 0.010560. The 1 hour timeframe of Zencash (ZEN/BTC) is provided in this analysis with major consideration for the current chart patterns and their possible implications. Previous downtrend is highlighted using the bearish trendline that was successfully...

Coin_Analyst

Price closing below ~1.30762 implies continuation of current downtrend in the USDCAD The 1.30762 price level provides level of support that is crucial to future development of price action in the USDCAD. A close below provides a next potential target at the 1.28085 price level. A retracement of the current downtrend is therefore anticipated if there is lack of...

Coin_Analyst

Conclusion for today’s Cardano technical analysis: Price breaking to the upside of the 4 hour timeframe bearish channel supports a bullish bias and higher Cardano price. Cardano chart analysis for today is carried out on the 4 hour timeframe with focus the chart patterns identified that are crucial for future price development. October 15, 2018 to current date...

Coin_Analyst

Conclusion for today’s Ethereum price analysis: Lower price is expected in Ethereum with ~239.74 as the minimum expectation. Ethereum analysis for today is carried out on the 4 hour timeframe using a candlestick chart. May 11, 2019 to current date is examined with the duration including a bullish trend from ~168 to 363.18 on June 26, 2019. Ethereum sell off...

Coin_Analyst

Conclusion for today’s GDX analysis: Price closing above 26.17 implies resumption of the current uptrend in GDX. The VanEck Vectors Gold Miners ETF (GDX) is presented on the Daily timeframe with coverage of over 24 months of price action. The sell off and bearish market in the GDX that began in August of 2016 (not show here), continued until September 11, 2018...

Coin_Analyst

Conclusion for today’s Litecoin price analysis: Price closing above 0.011132 implies resumption of bullish strength in LTCBTC. Litecoin/Bitcoin is presented using a candlestick chart on the 4 Hour timeframe. A log scale is used in this case with attention paid to price action starting from April 03, 2019 to current date. A bearish price channel (tentative) is...

Coin_Analyst

Conclusion for today’s Bitcoin Cash Analysis: Price closing below ~242.29 implies an increase in bearish strength. The 6 hour timeframe of Bitcoin cash is presented using bar charts and a log scale. Price action from May 06, 2018 to current date is the main focus, with the duration having a downswing in price followed by the current upswing (uptrend). Current...

Coin_Analyst

Conclusion for today's AMD analysis: Price action closing below ~28.65 confirms lower prices. The Daily timeframe chart (Log scale) of Advanced Micro Devices Inc. (AMD) is presented with analysis covering over 11 months of price action. AMD’s bullish price swing from a price low of 16.44 to a price peak of 34.30 on June 10, 2019 is captured using a rising wedge...

Coin_Analyst

Conclusion for today's OmiseGO price prediction: A close above ~2.51 favors a bullish bias. The 6 hour timeframe of OmiseGo (OMGUSD) is presented with primary focus on the current bullish price channel (tentative). Bullish trendline in OmiseGo since February 06, 2019 has seen successfully provided support with price and also aided in construction of the...

Coin_Analyst

Conclusion for today’s Basic attention token analysis: The current downtrend in BATBTC is expected to target the bottom of the bearish channel at ~0.00002412. Price action for Basic Attention Token (BATBTC) is presented today on a log scale using a 6 hour timeframe candlestick chart. Coverage of market action is from the downward spike on February 01, 2019 to...

Coin_Analyst

Conclusion for today's NEOBTC analysis: Price closing above ~0.001665 implies more bullish upside in NEOBTC Intraday timeframe analysis of NEOBTC is presented using a candlestick chart. April 05, 2019 to May 14, 2019 saw NEOBTC remain inside of a bearish channel that is shown on the chart with a breakout following a day after. The bullish implication of the...

Coin_Analyst

Conclusion for today’s EA stock analysis: A close above ~102.38 implies higher prices in EA (Electronic Arts Inc.) Intraday timefame chart of EA is examined in this analysis using a 6 hour candlestick chart. The main consideration and focus is the tentative bullish price channel that is highlighted on the chart. Ellipses on the chart indicate pivots used to draw...

Coin_Analyst

Conclusion for today’s XAUUSD technical analysis: Price closing above ~1345 confirms a bullish break for the XAUUSD. The Daily timeframe covers over 4 years of price action with the main focus for today’s XAUUSD analysis focused around the symmetrical triangle chart pattern that has been established since July of 2016. The aforementioned pattern came after a...