2020-4-10 14:23 |
After Bitcoin plunged below the $7,000 level earlier today, breaking out of the Rising Wedge, traders are now expecting the bearish scenario to continue
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Bitcoin buyers appear to be eyeing the psychological $8,200 level above today, but fears of a rising wedge reversal could put an abrupt end to the rising price. Let’s take a closer look. Bitcoin 4-Hour Chart On the 4-Hour BTC/USD chart, the price appears to be consolidating inside a bearish rising wedge pattern between two pinching trendlines.
2019-6-13 19:15 | |
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Mid May Update: Technicals Daily BTCUSD The daily BTCUSD chart shows that our intermediate bullish trend might be forming a rising or ascending broadening wedge – ascending broadening wedge is considered to be a reversal pattern, and is bearish in nature.
2019-5-16 18:02 | |
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Nothing in this article is to be construed as investment advice. Neither the author nor the publication assumes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.
2019-5-14 13:27 | |
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A rising wedge pattern indicates that lower Bitcoin prices are about to come as BTC fails to break above $6,000
2019-5-6 20:42 | |
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Nothing in this article is to be construed as investment advice. Neither the author nor the publication assumes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.
2019-4-16 13:32 | |
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Since bursting out of its rising wedge formation on April 2, the big question on everyone’s mind is: Has Bitcoin bottomed? CNBC’s resident Bitcoin expert, Brian Kelly, thinks so. The founder & CEO of BKCM LLC, a digital currency investment firm, stated his opinion on Bitcoin’s recent surge this week on CNBC Fast Money — claiming that he believes this Bitcoin revival is real.
2019-4-11 11:00 | |
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Ethereum has formed higher lows and higher highs to create a rising wedge formation visible on its 1-hour chart. Price is down to the wedge support that lines up with the 50% Fib where buyers. . .
2019-3-19 06:43 | |
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Not much has changed with Bitcoin price since yesterday as it stayed within a $50 range. We are in a rising wedge on the short term while it’s having some difficulty breaking through the Fibonacci levels.
2018-10-21 20:00 | |
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Bitcoin (BTC) does not just go up and down, breaks supports and resistances based on sudden whims. Most traders are so focused on the 15 min chart that they miss the big picture. They fail to realize that major trading on exchanges is done by algorithmic bots.
2018-10-15 21:30 | |
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Bitcoin (BTC) had a steep decline yesterday. During the last hour of trading, it plunged further into the red. This marks the completion of the final wave of capitulation. Bitcoin (BTC) has now begun the day in green.
2018-10-12 16:00 | |
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Ripple (XRP) has defied Bitcoin (BTC)’s gravitational pull these past few weeks. The above 1H chart for XRP/USD shows that Ripple (XRP) has surged aggressively these past few days. There have been no signs of a slowdown.
2018-10-2 00:30 | |
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Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure.
2018-9-18 06:52 | |
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Litecoin (LTC) risks a major sell off in the days to come. This is because Litecoin (LTC) is trading in two big rising wedges as seen on the LTC/USD 4H chart above. This means that before the 21st of September, Litecoin (LTC) can be expected to break this rising wedge and fall back towards previous lows.
2018-9-17 18:30 | |
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Ethereum Classic (ETC) has had an impressive run up for the past few days but the price is now at risk of falling below $14. The 4H chart above for ETC/USD shows that the price has now formed two candles on the 4H chart above the 10 EMA.
2018-9-4 18:00 | |
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Ripple (XRP) just broke below 50 EMA on the4H timeframe as shown by the 4H chart for XRP/USD above. Normally, this would be the sign of another wave of correction but fortunately for Ripple (XRP), the price has found support at the strong 38.
2018-8-30 18:00 | |
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NEO has formed higher lows and slightly higher highs to trade inside a rising wedge on the short-term time frame. The post NEO Price Analysis: Rising Wedge Pullback appeared first on Ethereum World News.
2018-8-30 06:01 | |
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Bitcoin (BTC) seems to have made a recovery the last few days but since the beginning of this month, it has been trading in a big rising wedge that extends all the way to Bitcoin (BTC)’s downtrend resistance.
2018-8-28 17:00 | |
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Bitcoin Price Key Highlights Bitcoin price is consolidating inside a rising wedge and is nearing the peak of the pattern. Price could break out of the formation anytime soon, signaling which direction a longer-term move might go.
2018-8-27 06:53 | |
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Bitcoin is consolidating inside a rising wedge and is approaching the peak of the pattern to signal a pending breakout. The post Bitcoin (BTC) Price Analysis: Waiting for a Wedge Breakout appeared first on Ethereum World News.
2018-8-27 06:21 | |
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Bitcoin (BTC) has been trading in a series of rising wedges as can be seen on the monthly chart for BTC/USD above. The price reached a target of $1,000 in late 2013 and then began to fall. During that fall, the price broke out of the falling wedge to consolidate before continuing upwards to prepare to enter another falling wedge.
2018-8-20 21:30 | |
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Bitcoin (BTC) has run into resistance and now appears to have topped out once again as it sets for a pullback. EMA alignment for BTC/USD on the daily chart above continues to remain bearish.
2018-7-26 21:30 | |
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Bitcoin (BTC) has run into strong resistance as it struggles to break past the downtrend line, but overall conditions indicate that this rally is now over. RSI on the BTC/USD chart above is trading in a rising wedge and has now reached the upper limit of the wedge.
2018-7-24 21:30 | |
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Tron Price Key Highlights Tron price recently broke to the upside of its falling wedge pattern to signal a pickup in bullish momentum. Price is starting to trade inside a smaller rising channel and is currently testing the top.
2018-7-17 07:31 | |
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Bitcoin Price Key Highlights Bitcoin price continues to consolidate inside its rising wedge formation visible on the 1-hour chart. Price has bounced off support to test the resistance and is now back to the bottom once more.
2018-7-5 06:56 | |
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Bitcoin's bears have seized the upper hand and forced a rising wedge breakdown, the technical charts indicate.
2018-6-22 13:05 | |
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Bitcoin Price Key Highlights Bitcoin price has formed higher lows and slightly higher highs to create a rising wedge on its 1-hour chart. Price is bouncing off resistance and might be due for another test of support.
2018-6-21 07:25 | |
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