Bitcoin price loses momentum – Analysis - 15-10-2018

Economies.com
2018-10-15 04:33AM UTC

Bitcoin price keeps its stability below the resistance line that appears on the chart, supported by the EMA50 that meets this resistance, accompanied by witnessing clear overbought signals through stochastic.

 

Therefore, we believe that the chances are valid to resume the bearish trend in the upcoming sessions, which targets 6040.00 followed by 5880.00 levels as next main stations, while holding below 6500.00 represents key condition to continue the expected decline.

 

Expected trading range for today is between 5800.00 support and 6400.00 resistance

Expected trend for today: Bearish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Bitcoin moves in a negative zone amid a sudden drop in exchange funds investments
2024-04-25 12:11PM UTC
Bitcoin fell on Thursday, extending losses for the third straight session and moving away from ...
Crypto News

Cryptocurrency

Ethereum tumbles by 2% as risk appetite softens
2024-04-24 20:52PM UTC
Most cryptocurrencies declined on Wednesday amid a weakening risk appetite ahead of important US ...
Crypto News

Cryptocurrency

Bitcoin rushes to week high as the halving event wraps up
2024-04-22 12:33PM UTC
Bitcoin rose on Monday to a week high above $66 thousand as the halving event ended officially with ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) tests the resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
Bitcoin (BTCUSD) Price Analysis Expected Scenario The Bitcoin price tested the 65391.74$ ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) tests the support base – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Ethereum (ETHUSD) Price Analysis Ethereum price (ETHUSD) faces negative pressure to test the ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) breaks the support – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Bitcoin (BTCUSD) Price Analysis Bitcoin price (BTCUSD) faced clear negative pressure yesterday ...