Bitcoin Forming Continuation Triangle From ATH, $50K+ Target

2019-10-10 21:00

Bitcoin loves to trade inside triangles. The leading crypto asset by market cap just broke down from a multi-month triangle and spent most of 2018 trapped inside a descending triangle that ultimately broke down.

However, all of this price action may be part of an even larger symmetrical triangle formation dating back as far as. . .

The post Bitcoin Forming Continuation Triangle From ATH, $50K+ Target appeared first on NewsBTC.

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triangle bitcoin continuation forming broke down inside

Источник: newsbtc.com

triangle bitcoin → Результатов: 126


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2018-11-17 15:29


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter.

2018-11-16 01:28


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It is highly unusual for price action to come right to the point of a triangle pattern. Typically, a breakout either above or below the pattern as price approaches its end. As Bitcoin approached the end of the triangle pattern over the past couple of months, any breakout from price action has been brought quickly […] Volatility Continues to Hit 2018 Lows for Bitcoin As Price Trades Sideways was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-25 17:57


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