ETH/EUR Retesting broken prices or fake out?

Ethereum has pushed into fresh highs, breaking out of the wedge pattern. Price has now pulled back. Is this just a retest of previous structure, or a more sinister fakeout of resistance? If price holds this support we anticipate ETH will continue printing new highs.

ETH/USD Upside? Anticipating Fresh ATH!

We are anticipating new all time highs to form on Ethereum against the Greenback, as Crypto news reels are currently full of positive news about mainstream adoption of crypto. This trade idea capitalises on the 1H chart support trendline, with the RSI showing bullish momentum. As long as price holds this trendline we will seeContinue reading “ETH/USD Upside? Anticipating Fresh ATH!”

BTC Surges Over $57,000, Q4 Bullish Seasonality & Eth Sign In – The Next Phase Of Digital Security?

Bitcoin has surged over the $57,000 level as it embarks on another bullish leg. The fourth quarter of the year is typically bullish for the kingpin cryptocurrency, which saw a 170% upside in Q4 2020. BTC has had a strong start in Uptober (see what I did there?), rising above the $55,000 mark for theContinue reading “BTC Surges Over $57,000, Q4 Bullish Seasonality & Eth Sign In – The Next Phase Of Digital Security?”

Bitcoin Bounces From $50000 Resistance

Bitcoin has bounced from key resistance at the 50,000 USD mark. Technically the RSI is showing bearish divergence and the 50/200 day moving averages are in a bearish cross, however price is trading above both averages.