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Ethereum (ETH) Likely To Experience Maximum Pain Towards Year End

Ethereum (ETH) is expected to experience maximum pain towards the end of the year but most investors still have no idea what this means. The rise in Bitcoin dominance is something that most see as a sign of loss of interest in altcoins short term, but they do not realize that this might be the precursor to something more serious. If we look at the daily chart for ETH/BTC, we can see that it is currently trading in a descending triangle. The last time it was trading in a descending triangle was between June and October of 2017. During that...

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Bitcoin (BTC)’s Rally Towards $12,300 Still On The Table As FOMO Rises Again

Bitcoin (BTC) is determined to keep moving up after it found temporary support at $9,681. This move was very powerful considering BTC/USD broke above a falling wedge. However, it has run into the 38.2% fib retracement level from the recent high (around $13,912). This has left investors wondering if a move towards higher levels is still on the table. Soon as Bitcoin (BTC) started to rise from $9,681 we saw most big accounts on Crypto Twitter turn to full FOMO again and they are now calling for price targets of $20,000 and $40,000 in complete oblivion to what happened on...

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Why The Second Half Of Bitcoin (BTC)’s Bear Market Is About To Begin

Bitcoin (BTC) has broken out of the falling wedge as we mentioned in our last analysis on BTC/USD. This has made a lot of people very excited but if we look at the big picture, I assure you there is nothing to be excited about if you are a bull. If you are a bear, then this might be another opportunity for better short entries. Everyone and their mother are long on Bitcoin (BTC) at this point. If we look at the chart, we can see that BTC/USD broke out of the falling wedge and shot up but it has...

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Sally Ho's Technical Analysis 3 July 2019

Bitcoin Bitcoin (BTC/USD) moved higher early in today’s Asian session and traded as high as the 10925.00 level before ceding some ground and moving back to the 10589 area. During yesterday’s North American session, the pair moved back above the 50-bar MA (4-hourly), and then Bids emerged around the 50-bar MA (4-hourly) at 10564 during a pullback.  While the pair was consolidating recent gains below the 50-bar MA (4-hourly), it traded as low as the 9651 area during yesterday’s North American session, just below a downside price extension price objective around the 9671 level. Early in today’s Asian session during...

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Ren and Waltonchain Skyrocket and Elevate CD Mid-Cap Index to 46.98

The CryptoDaily 21 Leaders Cryptocurrency Index improved to 50.61 on Tuesday from 49.79 on Monday, a 1.64% climb. The 21 Leaders Index is down 8.19% over the past 7 days and is up 1.70% over the past 30 days.  NEO (NEO) expanded +7.6% to a market capitalisation of US$ 1.26 billion as traders reacted to progress listed in NEO’s June 2019 Monthly Report released today.  Chainlink (LINK) contributed to gains with a +4.0% climb while Cardano (ADA) led laggards with a 3.9% decline. The CryptoDaily Large-Cap Cryptocurrency Index appreciated to 35.21 on Tuesday from 34.78 on Monday, a 1.24% rally....

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