Cryptoalerts.net

Cryptoalerts.net

Below you will find our Weekly Preview Report. Price at Bitstamp Below Technical Resistance (issued on 10.11.14) On the long side: The Upper 20MA BB at $377 serves as technical resistance. Price needs to overcome this level with good volume. A confirmed break above this point may increase the possibilities for reaching temporary resistance at approximately $391....

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Price on Bitstamp above the lower 200MA BB support | Daily time interval On the long side: For the past four days, price has been ranging between approximately $347 and $358. In this small range, $358 has been acting as near term resistance (pink line). A confirmed break above at least $359 will increase the possibilities of price reaching the 20MA resistance...

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Price on Bitstamp printed $358 | 1hr time interval Price finally broke down below $381 triggering the short setup that was indicated in our previous alert. For the past 6 hours price has been flirting around a critical level. On the long side: Price must break above the 100MA Lower BB at $367 and burst through $370 (200MA Lower BB). It has to be noted that,...

Cryptoalerts.net

Price on Bitstamp has been consolidating | 1hr time interval For the past 36 hours, price on Bitstamp has been moving on a very narrow range, with an approximate average price value of $386. Furthermore, since the top on the 14th of October, up to today, price has been forming a symmetrical triangle pattern. This is usually a sign of bullish continuation....

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Price on Bitstamp above both the Middle 100BB & 200BB support | 1hr time interval Since a small correction on the 16th of October, price has been supported my both the Middle 100MA and 200MA Bollinger Bands. After a short breakout rally on the 18th of October, price has been compressed between the $385-$392 area. For this weekly preview, two fractals have been...

Cryptoalerts.net

Since the 16th of October, price has been constantly making lower highs and lower lows. In the afternoon of the same day, it has been evident that the formation had established itself as a Descending Triangle, by testing the same low area $371 over and over again, which also happens to be the Lower 100MA BB support. This price action has been accompanied by a...

Cryptoalerts.net

During the last three days, price tested and re-tested support at $400 and finally reversed significantly. More precisely, RSI has weakened, MACD has confirmed a bearish cross on the 14th, and the Stochastic has remained indecisive for more than 8 hours. These indications are not catalytic yet as they mostly reveal that price has entered another sideways /...