Technical Analysis
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefore needs no special consideration. The main tool by which to analyse the forex market is forex charts.
Have the BTC Bears Finally Overextended?
There’s little doubt in anyone’s mind that the BTC bears have ruled the crypto roost with an iron first over the last few…
Stuck Within a Narrow Range, BTC Won’t Yield to Bulls or Bears
Over the last handful of days, the world’s #1 cryptocurrency failed to muster any traction in either direction. Amid a general bear exhaustion,…
BTC/USD – Bulls Attempt Rally, Fall Short
Bitcoin has been feeling the pull of the bears lately. Following a tentative attempt to break through the $10k psychological resistance level at…
Bitcoin Breaks Out Downward – How Big is This Selloff?
Yesterday, Bitcoin traded within a narrow range defined by a couple of key MAs and it was getting ready to break out –…
GBPUSD Stays Bearish into Bank of England; EURUSD Negative Too
The US Dollar remains bullish, continuing to strengthen against major G10 and Emerging Markets currencies into early may, a trend evident since mid-April,…
BTC Bulls Run Out of Steam Just Below $10k, Now Trying to Hold on to $9k
A few days ago, BTC seemed on an unstoppable march into above-10k territory, a feat which – if accomplished – would almost certainly…
BTCUSD – Another Bullish Breakout in the Making?
The BTC/USD pair has been trading in an obvious bullish pennant chart-pattern lately, a pattern so obvious indeed, that anyone closely monitoring the…
BTC Bulls Assume Control (10k in the Books?)
The fortunes of the Bitcoin bulls have been well and truly reversed over the last couple of weeks. With the April 17 tax…
BTC Weathers Dip, Eyes Upward Breakout Again
Yesterday, Bitcoin, the most popular cryptocurrency, survived a bit of a scare which occurred at the end of a bullish run through which,…
Is BTC Gearing Up for a Major Breakout? (Some Aspects of Technical Analysis Say Yes)
Over the last week, BTC has been trapped in a narrow range around the $6,800 mark, going up and down by little, in…
BTC’s Latest Corrective Rally Fails Before it Gets Going
Over the last 48 hours, we were the witnesses of yet another attempt on the part of BTC bulls to move the price…
Bitcoin’s “Death Cross” – What Exactly Does it Mean?
For more than a week now, we’ve been hearing about the price of Bitcoin nearing a “Death Cross” chart feature, a sort of…
BTC Back Above $9k (But Will It Hold?)
Having found a floor on Sunday, at the $7,335 mark, Bitcoin began mounting yet another one of its mini rebound-rallies, managing to climb…
Bitcoin is in Big Trouble Now (or So They Say…)
Who are “They”? – you might ask…Why, Bitcoin technical analysts, of course…The same people who always seem to throw around weirdly named chart-…
Bitcoin Looking Heavy Again After Unconvincing Push Past $11k Runs Out of Steam
The BTC bulls tried and they fell short of the mark over the last day or so. Having carried the crypto past the…
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