Cryptocurrencies

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ETHUSD and LTCUSD Technical Analysis – 02nd DEC, 2021

ETHUSD: Bullish Engulfing Pattern Above $4,400Ethereum had a major bearish correction last week when it declined towards the $4,000 handle after touching a high of $4,551. ETHUSD started this week in a consolidation phase after which it had a bullish reversal towards $4,700 and touched an

BTCUSD and XRPUSD Technical Analysis – 30th NOV, 2021

BTCUSD: Double Bottom Pattern Above $53,000Bitcoin suffered heavy losses at the end of last week when it touched a low of $53,700 and remained in the bearish trend. At the start of this week, bitcoin had a major bullish correction after it recovered from its last-week losses and

ETHUSD and LTCUSD Technical Analysis – 25th NOV, 2021

ETHUSD: Double Bottom Pattern Above $4,000On Nov 23rd, Ethereum touched a low of $4,030, after which the prices stabilized and, as of yesterday, entered into a consolidation phase. In today’s Asian trading session, ETHUSD touched an intraday high of $4,334. We can see a double bottom

BTCUSD and XRPUSD Technical Analysis – 23rd NOV, 2021

BTCUSD: Head and Shoulders Pattern Below $60,000Bitcoin is moving in continuation of a strong bearish trend this week, and any attempts towards a bullish reversal failed. This is the reason we see BTCUSD trading below the $60,000 handle in the European trading session today. We can clearly see

ETHUSD and LTCUSD Technical Analysis – 18th NOV, 2021

ETHUSD: Descending Triangle Pattern Below $4,300Ethereum failed to continue its bullish momentum this week and after touching an intraday high of $4,765 on 16th Nov, started a steep decline towards the $4,300 handle. We can see a descending triangle pattern below $4,300 which signifies that the

ETHUSD and LTCUSD Technical Analysis – 11th NOV, 2021

ETHUSD: Evening Star Pattern Above $4,500We observed Ethereum moving in a bearish channel after it touched an all-time high of $4,865, continuing with a sharp drop in profit-taking seen across all the major cryptocurrency exchanges. The price dynamics of Ethereum has shown an Evening Star pattern above the

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