Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

2024-7-4 12:07

Markets that consistently trade below the 200-day SMA are said to be in a downtrend. origin »

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below 200-day sma said trade downtrend consistently

below 200-day → Результатов: 78


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Bitcoin approaches ‘death cross’

The ominous-sounding ‘death cross’ is a bearish indicator which shows up when the 50-day moving average (MA) drops below the 200-day MA, CoinDesk wrote. The death cross looks like it’s about to become fact this week due to rising concerns of the US Fed’s faster liquidity withdrawal, which paints a bearish picture for Bitcoin (BTC/USD) […] The post Bitcoin approaches ‘death cross’ appeared first on Invezz.

2022-1-11 14:30


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Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff

Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […]

2020-8-27 02:00


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Crypto Market On Verge of Explosive Move: Here’s Which Way It Will Trend

Although the past few weeks have been marked by crypto assets jumping 5% then crashing 5% again and again, Bitcoin and the rest of the cryptocurrency market is actually consolidating. The chart below shared by a crypto trader proves this point: it shows that Bitcoin has been trading tightly between the key 50-day and 200-day simple moving averages for the past two weeks.

2020-4-24 15:00


Pundi X Price Analysis NPXS / USD: Last Minute Save

Pundi X has a bearish short-term outlook, with the NPXS / USD pair still trapped below key technical support NPXS / USD bulls are now testing towards the pair’s 200-day moving average The daily time frame highlights an ascending broadening wedge pattern Pundi X / USD Short-term price analysis Pundi X has a bearish short-term […] The post Pundi X Price Analysis NPXS / USD: Last Minute Save appeared first on Crypto Briefing.

2019-7-31 16:17


Basic Attention Token Price Analysis BAT / USD: Small Improvements

Basic Attention Token has a bullish short-term trading bias, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame The four-hour time frame shows that the BAT / USD pair is trading within a rising price channel The BAT / USD pair remains technically bearish below its 200-day moving average […] The post Basic Attention Token Price Analysis BAT / USD: Small Improvements appeared first on Crypto Briefing.

2019-7-29 16:13


Dash Price Analysis DASH / USD: Dashing To New Lows

Dash has a bearish short-term outlook, with the cryptocurrency falling to its lowest level since March 2019 The DASH / USD pair has now fallen below its 200-day moving average The daily time frame continues to show a valid inverted head and shoulders pattern Dash / USD Short-term price analysis Dash has a bearish short-term […] The post Dash Price Analysis DASH / USD: Dashing To New Lows appeared first on Crypto Briefing.

2019-7-17 16:24


Ravencoin Price Analysis RVN / USD: Bullish Falling Wedge

Ravencoin has a bearish short-term bias, with the RVN / USD pair falling below its 200-period moving average on the four-hour time frame The RVN / USD pair is still bullish over the medium-term and continues to trade above its 200-day moving average A bullish falling wedge pattern can be seen on the daily time […] The post Ravencoin Price Analysis RVN / USD: Bullish Falling Wedge appeared first on Crypto Briefing.

2019-5-23 16:59


Theta Price Analysis THETA / USD: Beware Of Greeks

Theta has a bearish short-term outlook, with the cryptocurrency falling below its 200-period moving average on the four-hour time frame The four-hour and daily time frames both show large bearish patterns The medium-term outlook for Theta is neutral, with the cryptocurrency now testing back towards its 200-day moving average Theta / USD Short-term price analysis […] The post Theta Price Analysis THETA / USD: Beware Of Greeks appeared first on Crypto Briefing.

2019-5-18 17:06


Aeternity Price Analysis AE / USD: Nothing Lasts Forever

Aeternity is bearish in the short-term, with the cryptocurrency still trading well below its 200-period moving average on the four-hour time frame Both the four-hour and the daily time frames show bearish head and shoulders patterns The medium-term technical outlook remains bearish, with the AE / USD pair still trading below its 200-day moving average […] The post Aeternity Price Analysis AE / USD: Nothing Lasts Forever appeared first on Crypto Briefing.

2019-5-14 19:17


OMG / USD Price Analysis: Depressive State

OmiseGo is bearish in the short-term, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame The medium-term outlook for OmiseGo is bearish, with the cryptocurrency unable to move above its 200-day moving average A larger inverted head and shoulders pattern still remains valid on the daily time frame OmiseGo […] The post OMG / USD Price Analysis: Depressive State appeared first on Crypto Briefing.

2019-5-7 18:11


TRX / USD Price Analysis: Resisting Pressure

TRX is bearish over the short-term, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame The TRX / USD pair is now consolidating above its 200-day moving average The daily time frame continues to show a valid inverted head and shoulders pattern TRON / USD Short-term price analysis TRX has […] The post TRX / USD Price Analysis: Resisting Pressure appeared first on Crypto Briefing.

2019-5-3 18:11


WAVES / USD Price Analysis: On A Knife’s Edge

WAVES retains its bearish short-term outlook, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame WAVES / USD remains bearish over the medium-term Medium-term bulls need to perform multiple daily price closes above the WAVES / USD pair’s 200-day moving average WAVES / USD Short-term price analysis WAVES has […] The post WAVES / USD Price Analysis: On A Knife’s Edge appeared first on Crypto Briefing.

2019-5-1 18:35


VET / USD Price Analysis: Overcoming Selling Pressure

VET has a bearish short-term trading bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame The VET / USD pair continues to trade above its 200-day moving average The daily time frame is showing that the VET / USD pair has fallen below key trendline support VET / USD […] The post VET / USD Price Analysis: Overcoming Selling Pressure appeared first on Crypto Briefing.

2019-5-1 17:30


BCH / USD Price Analysis: High Selling Pressure

BCH has a bearish short-term bias, with the BCH / USD pair trading well below its 200-period moving average on the four-hour time frame BCH now has a neutral medium-term trading bias Sellers are testing towards the BCH / USD pair’s 200-day moving average BCH / USD Short-term price analysis BCH has a bearish short-term […] The post BCH / USD Price Analysis: High Selling Pressure appeared first on Crypto Briefing.

2019-4-30 17:17


NEO / USD Price Analysis: Taking In Water

NEO has a bearish short-term outlook, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame A large bearish pattern is starting to take shape across the four-hour time frame NEO has turned bearish over the medium-term, with the NEO / USD pair now trading below its 200-day moving average […] The post NEO / USD Price Analysis: Taking In Water appeared first on Crypto Briefing.

2019-4-30 16:57


DASH / USD Price Analysis: Triangle Breakout

Dash has a bearish short-term outlook, with the DASH / USD pair now trading below its 200-period moving average on the four-hour time frame Dash has a neutral medium-term outlook, with sellers probing towards the pair’s 200-day moving average The bullish inverted head and shoulders pattern on the daily time frame has now reached its […] The post DASH / USD Price Analysis: Triangle Breakout appeared first on Crypto Briefing.

2019-4-26 17:30