Bitcoin Technical Analysis for 5/10 – Potential H&S Formation
After reaching an ATH of $1740 then pulling back 2%, Bitcoin’s price keeps on rising. The current all time high is at $1794, and a potential head and shoulders …
Tag: head and shoulders
Ethereum Technical Analysis for 3/27/16 – Head and Shoulders
March 27, 2016
Ethereum, Market Analysis
Happy Easter everyone! My name is Matthew and I’ve agreed to do some analysis on crytocurrencies for themerkle.com in the upcoming weeks/months. I’ve been trading Forex pairs for a …
Bitcoin Technical Analysis for 3/25/16 – Big Moves Ahead
March 25, 2016
Bitcoin, Market Analysis
The bears have been trying to push the price down all day, however, the support at $415 proved to be quite resilient as it handled dump after dump. After …
Bitcoin Technical Analysis for 2/19/16 – Double Cross
February 19, 2016
Bitcoin, Coins, Market Analysis
Bitcoin is currently trading at $421 in a bullish market after an intraday high of $425 and a low of $415. In our last technical analysis we indicated that …