Technical Analysis

BTC/USD Bitcoin rallied a bit during the trading session on Wednesday, but remains within a serious consolidation area. The $16,000 level above is resistance and the top of the range, so I think that if

ETH/USD Ethereum was a bit choppy during the trading session on Wednesday, as we approach the $900 region. There is plenty of support below to keep the market higher though, so on dips I believe

DASH/USD DASH has been slightly negative during the trading session on Wednesday, but at this point I think we are testing the top of a downtrend in channel. If we can break above the top

Key Points Bitcoin cash price started a downside correction after trading toward $2800 against the US Dollar. There is a key bullish trend line forming with support at $2450 on the hourly chart of BCH/USD

Key Highlights ETH price is surging higher and it recently moved above the $900 level against the US Dollar. There is a crucial bullish trend line forming with support at $890 on the hourly chart

Bitcoin Price Key Highlights Bitcoin price has recently broken above the top of its descending triangle pattern on the 4-hour time frame. Price has also completed a quick pullback to the broken triangle resistance and

Key Highlights Ripple price is moving higher once again and is currently above the $2.00 handle against the US Dollar. There is a crucial bullish trend line forming with support at $2.1000 on the hourly

Key Highlights Ethereum classic price is moving nicely above the $30-31 support area against the US Dollar. There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD

 Bitcoin Price Key Highlights Bitcoin price has formed lower highs and found support around $13,000, creating a descending triangle pattern. Price is currently testing the triangle resistance and might be ready for an upside breakout.

Key Points Bitcoin cash price succeeded in moving above a major resistance at $2500 against the US Dollar. There was a break above a key contracting triangle with resistance at $2500 on the hourly chart