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Bitcoin Price Analysis: BTC/USD Trends of February 11–17, 2019
Key Highlights:

Tron (TRX) Price Could Consolidate Before Fresh Increase
Tuesday April 16, 2019

Tron price corrected lower sharply after setting a top near the $0.0320 level against the US Dollar. TRX declined below the $0.0292 support and recently tested the key $0.0255 support area. There is a major bearish trend line in place with resistance at $0.0285 on the 4-hours chart (data feed via Bitfinex). The price remains […]

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The bulls have taken over Bitcoin market on 4-Hour chart;
the previous low level may be reached in case $3,679 level does not hold;
the BTC price may rise.

Man U, Canon Medical Develop Performance Imaging in Partnership
Thursday November 01, 2018

Manchester United, the global soccer giant and perennial English Premier League contender, has renewed its partnership with Canon Medical Systems Europe. The company continues as the team’s official medical systems partner, and the sophisticated use of its imaging technology promises to offer the Red Devils a competitive advantage. Canon, perhaps best known for its advanced photography

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BTC/USD Long-term Trend: Bearish
Resistance levels: $4,237, $4,692, $5,600
Support levels: $3,679, $3,247, $2,765BTC/USD continues its bearish trend on the long-term outlook. The crypto was on the downtrend towards the previous low demand level of $3,247 and its lower lows movement could not reach the targeted price level. On February 8, the bulls gained certain momentum which pushed Bitcoin price up and penetrated the supply level of $3,679 but unable to break up the 50-day EMA dynamic resistance and the coin started consolidating above the $3,247 price level.
BTC price is currently trading in between the 21-day EMA and 50-day EMA and the two EMAs were gradually coming closer to each other as an indication that consolidation is ongoing on the daily chart in the BTC market. However, the Stochastic Oscillator period 14 is at 80 levels and the signal lines pointing down which implies sell signal.
The coin is in between tight barriers which require strong bearish or bullish momentum for it to rally. In case the demand level of $3,679 holds and the Bulls gained enough momentum, then, there will be a bullish rally towards the resistance levels of $4,237 – $4,692. Alternatively, the breakdown of the $3,679 price level will return Bitcoin price to the previous low of $3,247.
BTC/USD Medium-term Trend: Bullish
On the medium-term outlook, BTC/USD is on the bullish trend. Shortly after the ranging movement of Bitcoin price on the 4-Hour chart which ended on February 5, the bearish pressure pushed the coin down to $3,426 price level and consolidated for a few days.
There was a sudden bullish breakout of the coin in which the BTC price rallied towards the resistance level of $3,679 after broken up the two dynamic resistances. The BTC price penetrated the resistance level upside and commenced consolidation.
The 21-day EMA has crossed the 50-day EMA upside and the BTC price is above the two EMAs which confirms the change in trend from bearish to bullish. Nevertheless, the Stochastic Oscillator period 14 is at 40 levels with its signal line pointing down indicate sell signal.
Bitcoin Price Analysis: BTC/USD Trends of February 11–17, 2019

Derek Grant, Penguins Take Advantage Of Bruins’ Defensive Miscues
Saturday December 15, 2018

The Boston Bruins and Pittsburgh Penguins were locked in a scoreless tie toward the end of the first period Friday at PPG Paints Arena, but some defensive miscues by the B’s helped the Pens break the deadlock. After David Pastrnak failed to clear the puck out of the defensive zone, both Charlie McAvoy and John […]

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