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bitcoin, btc, crypto, eth, ethereum, litecoin, pullback, support, update -

Yesterday’s technically triggered dip continued today in early trading, with losses across the board among the majors. The failure of the two largest coins to break-out of their respective broad declining trend was behind the widespread selling, but the damage is limited so far, and the recovery that started exactly one month ago is still intact. BTC/USD, 4-Hour Chart Analysis   Sponsored That said, the short-term picture remained bearish in Bitcoin and the major altcoins, with Bitcoin dipping below the initial $10,500 support today before bouncing back slightly in the European session. The continued Chinese crackdown on the segment weighs on BTC besides the...

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bitcoin, cardano, crypto, etc, ethereum, ethereum classic, monero, neo, stellar, update -

Despite the recent bullish price action, the two largest coins have been struggling to get over the dominant broad declining trendline, and as the upside momentum faded away the majors turned lower in a concerted fashion today in early trading. The move warrants a more defensive position for short-term traders, but the long-term setup remains positive, and with the exception of the already slightly stretched coins, ETC, Monero, LTC, and Bitcoin, the pullback could be used to accumulate more coins. With the correction lows far below the current price levels in most cases, and several coins are still more than...

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bitcoin, crypto, iota, market, monero, price, recover, recovery, update, xmr -

The segment is showing clear signs of resilience, as bears cannot find footing in the market despite the brief selloffs. The majors turned yesterday after the US close as the SEC launched a probe into ICO’s, but the coins remained stable, with no major support levels falling durably amid the move.   Sponsored The continued risk-off moves in traditional assets could also have weighed on cryptocurrencies, but for now, the weakness didn’t spill over to the segment again, and that is another positive sign for bulls. BTC/USD, 4-Hour Chart Analysis Bitcoin was still in the center of attention, providing the...

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bitcoin, crypto, ethereum, rallies, trendline, update -

The segment continues to trade in a mixed fashion, with no strong broad momentum after the recent correction that ended on Sunday. The major coins are still dominantly in bullish setups, especially regarding the long-term picture, although the declining broad trend channels are still intact in the case of the top 3 digital currencies. Sponsored That said, price action, volatility, and correlations between the majors continue to point to an ongoing advancing cycle after the steep decline in January, even as today, the early leaders of the rally, Litecoin and Ethereum Classic, failed to join BTC higher, with LTC being...

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analysis, bitcoin, btc, crypto, cryptocurrency, eth, ethereu, ethereum, lite, ltc, market, pressure, support -

The correction of the post-crash rally is still dominant in the cryptocurrency segment, despite the encouraging bounce on Friday, as Bitcoin is dragging the market lower. The coin turned relatively weak in recent days after an extended period of outperformance, but even BTC is holding up well, with the bearish momentum being far from disastrous. Sponsored   Ethereum’s relative strength, on the other hand, is slowly building, as we first noted it during the Thursday sell-off, and the second largest could be spearhead the next leg higher. The early leaders of the rally, Ethereum Classic and Litecoin are also acting...

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altcoins, bleeding, charts, crypto, find, how, how to, market, study, study charts, trade, trader, trading, trend, trending -

As of this writing, the trending phrase in the crypto sphere is “The entire crypto market is bleeding.” Obviously, the dip spells a drawback to many new investors. On the other hand, it is an opportunity to trade wisely. Learning how to study charts is one way to find the trends in the crypto market, leading to successful trading. Sponsored Why Study Charts? Even in a bloody market, investors believe that the crypto market will wake up from the slumber and the market cap of the digital assets will increase in value over time. With that mindset, many investors embark on the...

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bullish, crypto, cryptocurrency, dash, recommendation, technical -

The Dash/Bitcoin (DASH/BTC) pair started its uptrend on December 20, 2017 when it broke out of a bullish reversal pattern after taking out 0.075 resistance. The next day, it went as high as 0.09199600, but at this point, the market was near overbought territory. The 40% growth from December 20th’s opening of 0.06541019 was enough for market participants to take profits. // -- Discuss and ask questions in our  Facebook Group With increased selling pressure, the market broke below 0.075 and went as low as 0.06270017 on January 6, 2018. As market participants sensed a higher low was in place, the...

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10000, analysis, bitcoin, bullish, bullrun, crypto, cryptocurrency, dash, etc, eth, ethereum, iota, litecoin, ltc, neo, ripple, technical, top, tops, xrp -

The cryptocurrency market continued to heal considerably, as the major coins keep on successfully tackling resistance levels following a very deep sell-off that shaved off more than 60% of the market value of the segment. The sector is now back near the $500 billion mark in market capitalization, but investors shouldn’t get complacent here, as corrections will come along the rally, and the dominant downtrend is intact in most cases, with BTC being no exception. With that in mind, today might not be the best time to open new positions, even as BTC could still get to the next resistance level...

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agrello, binance, bitcoin, bitcoin cash, bull, bullish, bullrun, crypto, dlt, recommendation, trade, trading -

The Agrello/Bitcoin (DLT/BTC) market ignited its bull run on December 31, 2017 after the market broke out of a bullish inverse head and shoulders pattern at 0.000035. The breakout was so strong that it went as high as 0.00013098 on January 11, 2018. The market grew by 274.23% in less than two weeks, which prompted breakout buyers to take profits. // -- Discuss and ask questions in our  Facebook Group Faced with heavy selling pressure, the market retreated to as low as 0.00004505 on January 16. While the pair bounced and reached 0.000088 on January 20, sellers quickly exploited the...

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