Latest analytics

Bitcoin Bulls Ready To Charge Ahead

Bitcoin Bulls Ready To Charge Ahead

| JefeCaan

Nothing could stop Bitcoin bulls from charging ahead, even the recent manipulation that scared away retail bulls with a deadly 4H candle. If the price shoots up from here, we could most likely see a retest of the 200 moving average on the 4H time fra...

What Is Ethereum's Next Move?

What Is Ethereum's Next Move?

| JefeCaan

Ethereum seems all set to break out in the same manner as Bitcoin. Price is about to test a key time resistance. If it succeeds in breaking past it, we could be looking at a rally of 15% or more from current levels. It would not be surprising to see ...

Chainlink Ready To Decline Against Ethereum?

Chainlink Ready To Decline Against Ethereum?

| JefeCaan

Chainlink seems to have lost its bullish momentum and is now ready to decline further against Ethereum. The pair has a hard time breaking past the 0.015 resistance and is now primed for a decline down to the 76.4% fibonacci retracement level. If it f...

Bitcoin: Where Is The Floor?

Bitcoin: Where Is The Floor?

| JefeCaan

Bitcoin seems to have finally found a floor within the falling wedge. A break below $6,625 paves the way for further downside. Barring that, a retest of $7,000 and eventually $7,388 seems probable. ...

Bitcoin Ready For $6k?

Bitcoin Ready For $6k?

| JefeCaan

Bitcoin keeps dropping down to $7,000 which is quite a bearish development as it means that the bulls are losing control. The supply exceeds the demand at this zone and the price keeps falling down to it. We can now see BTC/USD st...

Bitcoin: The Breakout To Watch Next

Bitcoin: The Breakout To Watch Next

| JefeCaan

Bitcoin is at a decision point. If the price does not break out of the triangle, it would be merely stalling that decision but it cannot avoid it indefinitely. This move in BTC/USD is likely complete for now as weekend activity is mostly inconsequent...

Potential Short Opportunity On XLM/BTC

Potential Short Opportunity On XLM/BTC

| JefeCaan

Stellar Lumens (XLM) still lags behind while most cryptocurrencies like Ripple (XRP) and Ethereum Classic (ETC) have been doing well against Bitcoin recently. The 15 min chart for XLM/BTC shows that we might have a potential short opportunity in the ...

Should Ripple (XRP) Investors Be Worried?

Should Ripple (XRP) Investors Be Worried?

| JefeCaan

Ripple (XRP) is not one of my favorite cryptocurrencies but it remains the third largest coin by market cap which means that there is a lot of interest in this cryptocurrency. The project appeals to those that consider Bitcoin to be old, slow and exp...

Bitcoin Is About To Make A Decision

Bitcoin Is About To Make A Decision

| JefeCaan

Most of us have a concrete view of where the price of Bitcoin is headed long term. Regardless of whether you are bullish or bearish, that is the stance that you take because in this market you cannot be on the sidelines. Things change far too quickly...

Ripple (XRP) Finds Support Atop The 50 Day EMA

Ripple (XRP) Finds Support Atop The 50 Day EMA

| JefeCaan

Ripple (XRP) has just found support atop the 50 day exponential moving average. It is still trading below the 61.8% fib retracement level and might face some resistance to break higher but it is likely to rally higher near-term along with the rest of...