Ethereum and Bitcoin are both testing all time highs, however whether they will push to news levels remains questionable. Bitcoin (BTC/USD) Bitcoin has broken into the 60,000+ dollar range, and is fast approaching the $64,895 all time high. The RSI is again showing overextended levels, however the ADX is starting to increase, showing that thisContinue reading “Ethereum & Bitcoin Test All Time Highs”
ETH is currently soaring to the upside against all major fiat currencies. As our old analysis stated, the 61.8% fibonacci support held, and price is now gearing up to trade into the all time highs. Above this is uncharted territory, and if the fibonacci extension levels ring true we could see a prolonged bull marketContinue reading “ETH/EUR Next Stop 5600?”
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.