Assessing the possibility of Bitcoin falling to its 23 May swing low

2021-7-9 18:00

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Failed breakout attempts have been a regular theme in the BitcoiThe post Assessing the possibility of Bitcoin falling to its 23 May swing low appeared first on AMBCrypto.

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swing low assessing may falling bitcoin possibility

swing low → Результатов: 72


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.

2019-3-9 02:08


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22