Crypto Frontline

Weekly Crypto Analysis by Crypto Frontline

    Weekly Crypto Analysis February 11-17, 2019

Weekly Crypto Analysis February 11-17, 2019

4.8 out of 5

BTCUSD-Bitstamp Although the first part of the week started with more selling pressure, since February 8th, the Bitcoin price managed to stage an impressive recovery, managing to bank an approximately 10% gain, top tick to bottom tick. Despite the fact we are now little above the 4h chart 200 moving

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    Weekly Crypto Analysis February 4-10, 2019

Weekly Crypto Analysis February 4-10, 2019

4.8 out of 5

BTCUSD No positive development took place with the price of Bitcoin took place for the past week and the price action structure continues to point towards further losses. The sellers managed to break below the $3,526-$3,490 area and now it is expected to act as resistance. However, the upside had

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    Weekly Crypto Analysis Jan 28 – Feb 3, 2019

Weekly Crypto Analysis Jan 28 – Feb 3, 2019

4.8 out of 5

BTCUSD For the past week, we saw very little activity in the Bitcoin price and the compression into a small range could signal a bigger move lies ahead. It’s interesting to note that Bitcoin consolidated right around the $3526-$3,490 support area, which coincides with a swing point made back in

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    Weekly Crypto Analysis January 21-27, 2018

Weekly Crypto Analysis January 21-27, 2018

  Bitcoin Although it surprised us in a positive way, the Bitcoin price managed to make a slight rebound last week and a bullish parabolic-type formation begins to unfold. If we look at the 1h chart above, we see new higher lows and higher highs, communicating that the buying pressure

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    Weekly Crypto Analysis January 14-20, 2019

Weekly Crypto Analysis January 14-20, 2019

4.8 out of 5

Bitcoin The volatility returned in the cryptocurrency market and Bitcoin had been impacted by it in a negative way. Since January 10th, the price action weakened impulsively, breaking below the 4h chart 200 MA and did not manage to rebound ever since. The break below an important moving average is

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    Weekly Crypto Analysis January 7-12, 2019

Weekly Crypto Analysis January 7-12, 2019

4.8 out of 5

  Bitcoin As we have expected in our last weekly crypto analysis, there was little activity for the past week and Bitcoin continued to consolidate in a narrow range. However, as we can notice, there’s a nice symmetrical triangle formation on the 1h chart which is expected to be breached

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    Weekly Crypto Analysis Dec 31-Jan 6, 2019

Weekly Crypto Analysis Dec 31-Jan 6, 2019

4.8 out of 5

Bitcoin Unfortunately, Bitcoin did not manage to maintain the same level of strength and the price action started to weaken. The price topped around 4,200 and as we have expected in our last weekly crypto analysis, the area around the 4h chart 200 MA acted as support. The only positive

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    Weekly Crypto Analysis December 24-30, 2018

Weekly Crypto Analysis December 24-30, 2018

4.8 out of 5

  Bitcoin The falling pennant, which we have discussed in our last weekly crypto analysis, was breached on the upside and what followed is a relatively strong rally towards one of our targets located around the $4,000 zone. It seems like Bitcoin will end the year on a more positive

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    Weekly Crypto Analysis December 17-23, 2018

Weekly Crypto Analysis December 17-23, 2018

  Bitcoin We’ve just started the second half of December and last two weeks of 2018 are right ahead, unfortunately not as good as we expected for Bitcoin. For the past week, the bulls were unable to break and hold the price action above the 3,500 key level and thus

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    Weekly Crypto Analysis December 10-16, 2018

Weekly Crypto Analysis December 10-16, 2018

4.8 out of 5

  Bitcoin The Bitcoin price continued to head south and breached below our short-term ascending channel, which we have spotted in our last weekly crypto analysis. As we have said then, a downside breakout will expose the 3,500 key support area, and that’s exactly what happened. The selling pressure had

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