by Koinat | Jun 13, 2023 | Technical Analysis
The crypto market’s price movement remains bearish as investors and businesses consider the implications of the SEC’s accusations against Binance and Coinbase exchanges. The litigation have also had an impact on the decentralized financial (DeFi)...
by Koinat | Jun 7, 2023 | Technical Analysis
Bitcoin bulls hoped that the Nov. 21 drop to $15,500 would signal the end of the cycle, but BTC has failed to deliver a daily close above $17,600 for the past 18 days. Traders are plainly dissatisfied with the current price behavior, and the confirmation of...
by Koinat | Apr 4, 2023 | Technical Analysis
By having a look at the previous technical outlook published on February 10, we will notice that Etherum have been able to get rid of the obstacle that prevented it from moving upwards for a long time, but currently process started to stabilize above 1670-1700 regions...
by Koinat | Feb 20, 2023 | Technical Analysis
Today, we have chosen the H8 chart which clearly shows the Fibonacci corrective levels for the bearish wave started at 1.31 to the significant low of 0.2818, and this time-frame also gives us an idea about the strength of the recovery started in the 0.2820 areas. With...
by Koinat | Feb 10, 2023 | Technical Analysis
The H4 chart of XECUSDT shows that the token has moved to the downside, forming lower highs, as bulls failed to hit the tough medium-term resistance of 0.00004525. RSI14 has been dragged to the oversold territories following this bulls fail and that may cause...
by Koinat | Feb 10, 2023 | Technical Analysis
Shiba has moved to the downside following the bearishness occurred today in major currencies, but the H4 graph below shows that holders of the coin have found a strong support around 0.00001150 that pushed the price upwards strongly. Ultimately, RSI 14 reflected the...