Monthly Archives

July 2018

Trade Recommendation: ICON

The ICON/Bitcoin pair (ICX/BTC) has looked bearish since February 3, 2018 when it took out support of 0.0006. This triggered the double top pattern on the daily chart. The breakout forced those who bought above 0.00006 to cut their losses.…
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Bitcoin: Price Analysis, July 16

BTC/USD Bitcoin is leading the recovery from the front. It has bounced sharply from its recent lows of $6,120.45. The probability of a bullish inverse head and shoulders (H&S) pattern is still alive.  The inverted H&S will complete…
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EOS: Price Analysis, July 16

EOS/USD EOS has bounced off the $6.55 levels and has reached the downtrend line. The 20-day EMA is also located just above the moving average. We expect strong resistance by the bears at this level.…
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Ripple: Price Analysis, July 16

XRP/USD The bears have failed to benefit from the breakdown of the $0.45351 levels on Ripple. This has attracted cherry-picking by a few aggressive bulls. //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle =
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EOS: Price Analysis, July 13

EOS/USD The bulls have defended the $6.8926 mark for the past two days and are attempting to bounce from it. On the upside, EOS will face resistance at the downtrend line and above that at $9.4456. Once these two levels are crossed, the…
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