BitcoinExchangeGuide Coins Update

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Daily Price Forecast – September 4


BTC/USD Medium-term Trend: Bullish

Resistance Levels: $7,400, $7,600, $7,800
Support levels: $7,900, $6,800, $6,900

Yesterday, September 3, the price of Bitcoin was in a bullish trend. Yesterday, the price has established itself above the $7,000 price level. Traders were advised to initiate long trades above the $7,000 price level. Then a stop loss order below the critical support level. Today, the price bar of Bitcoin is clearly above the exponential moving averages indicating price is rising.

Also, the price of Bitcoin has been stable for the past two days.Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The Relative Strength Index period 14 is level 62 which indicates that price is the bullish trend zone.


BTC/USD Short-term Trend: Ranging
On the 1-hour chart, the BTC price is in a sideways trend. The MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Daily Price Forecast – September 6



LTC/USD Medium-term Trend: Bearish

Resistance Levels: $60, $70, $80
Support Levels: $50, $40, $30

Yesterday, September 5, the LTC price was in a bullish trend. The cryptocurrency was resisted at a price of $68.58 while attempting to break to $70 price level. But the bears took control of the market and brought the price to the low of $55.66. This implies that the LTC price is now back to the previous range bound zone of Levels $60 and $50.

However, if the bearish pressure continued, the cryptocurrency will revisit the previous low of $50. Also, the MACD line and the signal line are below the zero line which indicates a buy signal. In addition, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 27 which indicates that the market is oversold suggesting bulls to take control of the market.

LTC/USD Short-term: Bearish
On the 1-hour chart, the LTC price is in a bearish trend. The price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Daily Price Forecast – September 12


ETH/USD Medium-term Trend: Bearish

Resistance Levels: $200, $220, $240
Support Levels: $160, $140, $120

Yesterday, September 11, the price of Ethereum was in a bearish trend. The price of Ethereum fell to the low of $175.69. Today, the cryptocurrency is in a bearish trend. Price has broken the major support level of $200. Price is likely to test the next support level which is $160 price level.

If price reaches the next support level, that would probably be the first low since the beginning of the year.Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. The Relative Strength Index period 14 is level 22 which indicates that the market is oversold suggesting bulls to take control of the market.

ETH/USD Short-term Trend: Bearish
On the 1-hour chart, the price of Ethereum is in a bearish trend. Price of Ethereum is falling because the 12-day EMA and the 26-day EMA are above the price of the cryptocurrency. The MACD line and the signal line are below the zero line which indicates a sell signal.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Daily Price Forecast – September 18


BTC/USD Medium-term Trend: Ranging

Resistance Levels: $6,300, $6,500, $6,700
Support levels: $6,100, $5,900, $5,700

Yesterday, September 17, the price of Bitcoin was in a sideways trend. The BTC price was in a sideways trend before the eventual fall to the critical support level. The BTC price fell to the low of $6,251.41 which is near the critical support level of $6,000 .

Today, the cryptocurrency is now back to the sideways trend zone. The buyers and sellers are undecided about where price will go. But since the price has reached the critical support level of $6,000, the price is expected to rise again. Traders can initiate long trades at the current market price and stop-loss orders be placed below the $6,000 price level.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. The Relative Strength Index period 14 is level 33 which indicates that the market is oversold suggesting bulls to take control of the market.


BTC/USD Short-term Trend: Bearish

On the 1-hour chart, the BTC price is in a bearish trend. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling The MACD line and the signal line are below the zero line which indicates a sell signal.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Daily Price Forecast – September 20


LTC/USD Medium-term Trend: Ranging
Resistance Levels: $60, $65, $70
Support Levels: $50, 45, $40

Yesterday, September 19, the price of Litecoin was in a sideways trend. There has been no significant price movement as the digital currency had been range bound between the levels of $50 and $60. On September 19, the LTC price had a price spike. The price went down to the low of $51.56 and was resisted. The same candlestick at the same time went up to the high of $55.04 and also pulled back.

The prices were pulling back as they test the upper and lower levels of price range. Meanwhile, the LTC price will continue its range bound movement. However, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of Litecoin is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging
On the 1-hour chart, the LTC price is in a sideways trend. The price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are above the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin Cash (BCH) Long-term Price Forecast


BCH/USD Long-term Trend – Bullish

Distribution territories: $650, $750, $850.
Accumulation territories: $350, $250, $150.

Most of the price movements of BCH/USD had been in a range-bound region over a week. The ranging movements were featuring in the market of this crypto from Sept. 16 till 20. On Sept. 21, a notable short spike occurred, and the 14-day SMA’s trend-line was breached northwards above the price territory of $500.

The market price line has been traded around the low price point obtained on Aug. 14 but now averaging towards the 50-day SMA’s trend-line from below. The 50-day SMA is located above the 14-day SMA. The Stochastic Oscillators have moved upward well above range 20. They now point north below range 80 to still showcase a continuation of probable northward price movement.

The last spike that brought about the short bullish Japanese candlestick may be proven not strong enough while a strong reversal price action breaks past it southwards. A set of various lower lows and lower highs may come to play in the next few days while the immediate distribution territory of $650 remains unbroken-out. Investors may either join the market below the trend-line of 50-day SMA or wait for a smaller dip around the 14-day SMA’s trend-line.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Daily Price Forecast – September 27

ETH/USD Medium-term Trend: Ranging
Resistance Levels: $260, $280, $300
Support Levels: $200, $180, $160

Yesterday, September 26, the ETHUSD pair was in a bullish trend. Price of the digital currency had been fluctuating above the $200 price level. Then at a price of $211.27, the ETH price made a bullish movement to the high of $222.39. Presently, the cryptocurrency is in a range bound movement and price may face resistance at the $220 price level.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 44 which indicates that price is in the sideways trend zone.

ETH/USD Short-term Trend: Ranging
On the 1-hour chart, the price of Ethereum is in a sideways trend. The digital currency is fluctuating between the levels of $200 and $220. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. The MACD line and the signal line are above the zero line which indicates a buy signal.



The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Long Term Price Forecast


BTC/USD Long-term Trend: Bearish

Resistance Levels: $7,000, $7,200, $7,400
Support levels: $6,400, $6,200, $6,000

The overall trend for the price of Bitcoin in the month of September is a bearish trend. Price of Bitcoin has a balance of $7,036.25 at the beginning of September 2018. As at the time of writing, the capital has gone down to $6,490.75. In other words, the digital currency lost 7.66% of its capital.

On September 5, the bulls were overcome at the $7,400 price level. The digital currency fell to the low of $ 6,169.30. Since then the bulls have not been able to recover their losses. For the bulls to be in equilibrium with the bears they have to break the levels $6, 500, $6,700 and $7,400 price levels.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. Similarly, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 46 which indicates that price is in the range bound zone.



The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Daily Price Forecast – October 4


ETH/USD Medium-term Trend: Ranging

Resistance Levels: $260, $280, $300
Support Levels: $200, $180, $160

Yesterday, October 3, the price of Ethereum was in a bearish trend. The ETH price fell from the high of $230.11 to the low of $ 217.32 and commenced a bullish movement. The $200 price level is the major support level of Ethereum, therefore traders should initiate long trades at this level in anticipation of a bullish trend.

The ETH price is expected to reach and break the resistance at $240. The price of Ethereum is trading at $225.57 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The Relative Strength Index period 14 is level 50 which indicates that price is in the sideways trend zone.


ETH/USD Short-term Trend: Bullish
On the 1-hour chart, the price of Ethereum is in a bullish trend. The price of Ethereum is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are above the zero line which indicates an a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Long Term Price Forecast


LTC/USD Long-term Trend: Ranging

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTCUSD pair had been in a range bound movement in the month of September 2018. It has an opening balance of $62.07 but closed with a balance of $60.39 as at the end of the month. The digital currency fluctuates between the levels of $50 and $65.

As a trader, you can make partial profits as the digital currency ranges between the range bound zone. You can initiate a long trade at the lower level of price range and exit at the upper level of price range and Price is currently fluctuating at the lower level of price range and it is expected at the upper price level.

Meanwhile, the price of Litecoin is below the 12-day EMA and 26-day EMA which indicates that the bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Daily Price Forecast – October 11


BTC/USD Medium-term Trend: Bearish

Resistance Levels: $7,000, $7,200, $7,400
Support levels: $6,100, $5,900, $5,700

Yesterday, October 10, the BTC price was in a Bearish trend. The bulls had been holding the price above $6,500 in the last ten days. This cause Bitcoin to be stagnant and range bound above the $6,500 price level.

Today, the bulls have succumbed to the bearish pressure. The bears have broken the $6,500 price level and price is approaching the $6,200 price level.

The next move is likely to be the $5900- $6,000 price levels. Traders are to look out for buy setups at the end of the bearish trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling.

BTC/USD Short-term Trend: Bearish
On the 1-hour chart, the BTC price is in a bearish trend. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The Relative Strength Index period 14 is level 18 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls to take control of the market.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Long Term Price Forecast


ETH/USD Long-term Trend: Bearish

Resistance Levels: $350, $370, $390
Support Levels: $180, $160, $140

Last month of September, the price of Ethereum had been on a range bound movement. In September, Ethereum had an opening balance of $282.80 but fell to the low of $196.60. Later it commenced a range bound movement all through the month to close at a price of $228.62. In the month of October, Ethereum was in a range bound movement for ten days before the bearish trend.

Ethereum is currently trading at $199.78 as at the time of writing. Price is expected to rise as the digital currency has reached the oversold region.

Meanwhile, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 34 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Daily Price Forecast – October 18


LTC/USD Medium-term Trend: Ranging

Resistance Levels: $66, $68, $70
Support Levels: $46, $44, $42

Yesterday, October 17, the price of Litecoin was in a sideways trend. On October 15, the digital currency had a price rally which made the price to reach the high of $62 but pulled back to the low of $56. Litecoin had been fluctuating below and above the $56 price level. As the crypto's price is consolidating, the key levels of the market are not evenly apart. Therefore trading is not recommended until when price is out of the range-bound zone.

Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Litecoin is neither above nor below the 12-day EMA and the 26-day EMA which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

On the 1-hour chart, LTC price is in a sideways trend. However, the price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. In addition, the MACD line and the signal line are above the zero line which indicates a buy signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Long Term Price Forecast


BTC/USD Long-term Trend: Ranging

Resistance levels: $7,200, $7,400, $7,600
Support levels: $6,400, $6,200, $6,000

The BTC/USD pair had been range bound since the beginning of the month. The digital currency commences a range bound movement each time price test the $6,800 price level. On September 21, the crypto's price reached the high of $6,782, and the price fell to a range bound movement. Also, on September 27 and October 15, the bulls tested the $6,800 resistance level and were repelled. Price was ranging above the $6,600 before the BTC price had a downward fall.

The crypto's price is ranging at a price of $6,301.66. Meanwhile, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal. Meanwhile, the Relative Strength Index period 14 is level 46 which indicates that price is in the range bound zone.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Daily Price Forecast – October 25


ETH/USD Medium-term Trend: Ranging

Resistance Levels: $240, $260, $280
Support Levels: $200, $180, $160

Yesterday, October 24, the ETH/USD pair was in a sideways trend. Yesterday, the crypto’s price reached a high of $208. The digital currency was resisted at a price of $207 and price fell to the low of $203.58. The crypto now fluctuates above the $200 price level between the levels of $203 and $207.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. As price is in the bearish trend zone, the bears may have upper hand above the bulls.



ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Ethereum is in a bearish trend. The digital currency fell to the low of $203 and it commenced a bullish movement.

The bulls resisted the bears from breaking the major support level.The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Long Term Price Forecast


LTC/USD Long-term Trend: Bearish

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTC/USD pair had been bearish in the month of October 2018. On October 1, the LTC price has an opening balance of $60.40. The crypto's price faces resistance at the $60 price level.

On October 9, the price of Litecoin was resisted at the price of $59.99 and it fell to a low of $52.65. On October 15, the price of Litecoin reached the high of $62.06 but pulled back to the low of $55.87. The price continued its fall to the low of $53.26 and commenced a range bound movement up till date.

On the upside, the $60 price level has to be broken for Litecoin to resume its uptrend. Meanwhile, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.



The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Bitcoin (BTC) Daily Price Forecast – November 1


BTC/USD Medium-term Trend: Ranging

Resistance Levels: $6,800, $7,000, $7,200
Support levels: $6,200, $6,000, $5,800

Yesterday, October 31, the price of Bitcoin was in a sideways trend. On October 29, the crypto’s price was broken by the bears after a long period of range bound movement above the $6,500 price level. The price fell to the $6,300 price level and commenced another range bound movement. Nevertheless, in the last three days, the price of Bitcoin was fluctuating above the $6,300 price level.

The BTC price is still under a bearish trend and price is expected at the $6,200 price level. However, if the $6,200 price level is tested or broken, then a revisit to the critical support level is imminent. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.


BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a sideways trend. On October 31, the crypto’s price tested the $6,200 price level and rebounded to its range bound movement. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is falling.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.



The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Long Term Price Forecast

ETH/USD Long-term Trend: Ranging

Resistance Levels: $250, $270, $290
Support Levels: $180, $160, $140

The ETH/USD pair was range bound in the month of October 2018. The digital currency was ranging above the $200 price level. On October 15, Ethereum had a price rally which made the crypto to reach the high of $241.

The resistance at $240 made the crypto to fall but managed to recover at $204.10. In the first week of November, the digital currency is fluctuating below and above the $200 price level.

Ethereum is expected to continue its range bound movement. Today, the price of Ethereum is currently trading at $202 as at the time of writing.

Meanwhile, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Ethereum (ETH) Daily Price Forecast – November 15


ETH/USD Medium-term Trend: Bearish

Resistance Levels: $240, $260, $280
Support Levels: $170, $160, $150

Yesterday, November 14, the price of Ethereum was in a bearish trend. Price was fluctuating at the $210 price level before the bearish breakout. The crypto's price was resisted by the 12-day EMA and it is approaching the $180 price level. The digital currency has reached its oversold region, therefore traders should look out for buy setups so as to initiate long trades.

This will enable traders to earn partial profits as the crypto's price commences its bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicate that price is in the bearish trend zone.


ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto’s price is in a bearish trend. The crypto's price fell to the low of $182.05 and price is ranging at that price level. The crypto’s price is now below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.



The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

[SALIU YINUSA KOLAWOLE]

Litecoin (LTC) Long Term Price Forecast

LTC/USD Long-term Trend: Bearish
Resistance Levels: $60, $70, $80
Support levels: $40, $30, $20

The LTC/USD pair was in a bearish trend in the first two weeks of November 2018. The crypto has an opening balance of $50.13 but price reached a low of $42.80 as at the time of writing. The digital currency faced resistance at the upper price level of $60 but was resisted at $56.86. The price fell and broke the 12-day EMA and the 26-day EMA which resulted in the bearish trend zone.

While in the bearish trend zone, Litecoin had a bearish breakout that made the crypto to fall to the low of $42.80. Price of Litecoin has broken the lower level of price range. The digital currency has also reached the oversold region of the market. Meanwhile, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.