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Probably on many cryptos, pain by now starts to be unbearable. That can be actually another bearish factor: Hard to find a way out of it.

Today is a bit better but is seems that this is just a dead cat bounce. That was the lowest point of the day. Bitcoin dead cat bounce patterns target for the current wave is the USD bluebitcoin dead cat bounce patterns was an important level bitcoin dead cat bounce patterns October, November and February.

By the way, was the current drop expected? Yes, in our analysis from Monday we wrote:. The aim stays the same USD but first, the price needs to break the lows from the 17th of March, which can be quite challenging. To wrap that up, Bitcoin is still in a negative territory. Current hammer has rather a small potential to stop that drop and I think that the blue line should be eventually reached.

Most recently on Tuesday, when we wrote:. Our view stays the same, the test of the USD seems imminent. What was imminent, became a reality. Is it a coincidence that the price is on this support and tries a reversal by creating a pin bar?

This may also be the influence of the end of the month and quarter or even end of the week, like on the Forex market many market participants close their positions before the weekend. If we will get a bullish reversal candlestick pattern, chances for a reversal will rise.

The last time we wrote about NEM, we were on the top of the bullish correction. That moment was tricky. After such a strong correction, many traders had an illusion of a sustainable bullish reversal. When the NEM was trading around the 0. Get an account with plus and trade all possibles types of CFDs: From the moment, when we wrote those bitcoin dead cat bounce patterns, XEM was going only lower! We broke the 0. Current target is the 0.

Stay up to date with the financial markets everywhere you go. Bitcoin, Ethereum and NEM. Yes, in our analysis from Monday we wrote: Ethereum reaches the target Eagle has landed. Most recently on Tuesday, when we wrote: Comments 0 comment s Click here to cancel reply.

Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go. Sign up for updates. View ICO See whitepaper. SiaCoin SC bitcoin dead cat bounce patterns 0. Get the most recent news at your inbox.

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Probably on many cryptos, pain by now starts to be unbearable. That can be actually another bearish factor: Hard to find a way out of it.

Today is a bit better but is seems that this is just a dead cat bounce. That was the lowest point of the day. The target for the current wave is the USD blue , which was an important level in October, November and February. By the way, was the current drop expected? Yes, in our analysis from Monday we wrote:. The aim stays the same USD but first, the price needs to break the lows from the 17th of March, which can be quite challenging. To wrap that up, Bitcoin is still in a negative territory.

Current hammer has rather a small potential to stop that drop and I think that the blue line should be eventually reached. Most recently on Tuesday, when we wrote:.

Our view stays the same, the test of the USD seems imminent. What was imminent, became a reality. Is it a coincidence that the price is on this support and tries a reversal by creating a pin bar? This may also be the influence of the end of the month and quarter or even end of the week, like on the Forex market many market participants close their positions before the weekend.

If we will get a bullish reversal candlestick pattern, chances for a reversal will rise. The last time we wrote about NEM, we were on the top of the bullish correction. That moment was tricky. After such a strong correction, many traders had an illusion of a sustainable bullish reversal. When the NEM was trading around the 0. Get an account with plus and trade all possibles types of CFDs: From the moment, when we wrote those words, XEM was going only lower!

We broke the 0. Current target is the 0. Stay up to date with the financial markets everywhere you go. Bitcoin, Ethereum and NEM. Yes, in our analysis from Monday we wrote: Ethereum reaches the target Eagle has landed. Most recently on Tuesday, when we wrote: Comments 0 comment s Click here to cancel reply. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go.

Sign up for updates. View ICO See whitepaper. Zcash Analysis - Two days changed everything. Get the most recent news at your inbox.