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  • Writer's pictureShivkumar

19th May - Crypto Price Analysis

(By Shivkumar)



  • Bulls are buying at the dips and breakouts and is in uptrend but still finding it difficult to break psychological level of $ 10,000.

  • If the bears again succeed in defending $ 10,000 ,then a fall to $ 9,025 is possible.

  • Again for buyer $ 9025 will be a good level to buy on rebound.

  • Bulls if break level $ 10,000 than $ 10,600 is possible.

  • The first sign bear are taking control will be on the break of $ 9025.


  • Traders might have got a buying opportunity as suggested in the previous analysis.

  • If the bulls can push the price above $220, a move to $227.097 and then to at $245 is possible,it can result in a rally to $288.599.

  • Bearish from the current levels a drop to $176.103 is likely.

  • Below $ 176 the trend is likely to favor the bears.


  • Bulls are finding it difficult to break above the zone between $0.20570 and $ 0.23.

  • If it falls from current levels, it can drop to $0.197 and a retest of $0.17372 will be on the cards.

  • If the bulls can push the price above $ 0.20, a rally to $0.23612 is possible and can retest $ 0.27.


  • Bitcoin Cash been trading in range of $230-$250 for the past few days and suggest bulls and bears are playing it safe without placing of any trades.

  • If bull push the price above $250 a rally to $280.47 is possible and might retest $ 280 with bears defending these position.

  • Bearish from current levels and fall below $230, a drop to $200 is likely.

  • It will be a buying opportunity as in these level on previous three occasion the bulls has been buying.


Disclosure: The author holds no cryptocurrency at the time of writing.Register for Technical news and market update || Facebook :- ||Instagram :- ||Twitter|| Whats App :- +91-70439-12326

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