2024-11-4 20:41 |
This ominous weekly candle might spell trouble for Bitcoin bulls
Similar to Notcoin - Blum - Airdrops In 2024
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Bitcoin has recorded an epic weekly candle above the $68,000 level
2024-7-22 08:18 | |
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After logging its giant "Elon candle," Bitcoin ended up touching $48,216
2021-2-9 09:35 | |
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Just hours after the daily candle close, Bitcoin has begun to erupt higher. The cryptocurrency just minutes ago crossed above $12,000 for the first time since the flash crash on August 2nd. BTC bulls are believed to be in control after Bitcoin closed the weekly candle above the ever-important $11,500 level.
2020-8-10 05:14 | |
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The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues.
2019-6-10 11:30 | |
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After breaking from $8,000’s grip on Sunday, Bitcoin (BTC) skyrocketed to $8,750 in a jaw-dropping move. While the bullish momentum has slowed for the time being, with BTC beginning to consolidate in the short-term around $8,700, some are sure that the cryptocurrency market will continue to print higher as the week elapses.
2019-5-27 03:19 | |
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Bitcoin briefly dropped during yesterdays trading to around $3650 but quickly recovered to close and form a Doji on the daily chart. A Doji candle is a candle where the open and the close are around the same point and typically reflects uncertainty from traders.
2019-2-28 19:35 | |
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Bitcoin had a brief drop below the support level at $3476 today to form a new low near $3400. Price quickly recovered back above the support level showing a rejection of prices below $3476 by traders and had since been recording more bullish movements.
2019-1-22 18:29 | |
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Last weeks candle for the price of Bitcoin was a bearish engulfing candle. A bearish engulfing is where the drop engulfs the prior candle and typically takes place after a move to the upside. Two weeks ago we had a bullish week for cryptocurrencies where even altcoins were recording large appreciations.
2018-9-11 17:19 | |
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Our good friends over at Bitcoin Bravado just published their BTC Monthly and are looking at the trends showing in the picture above. As all of you bitcoin traders and crypto investors can see on the 1 minute chart above, the smaller red candle is overshadowed by the larger green candle as we approach the […]
2018-7-30 19:27 | |
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A doji is forming today on the Bitcoin daily chart as price holds near recent highs. With price trading around $7500, the doji candle typically shows some indecision in the market but holding near highs is typically a good indicator for further upward movements.
2018-7-20 17:04 | |
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Tron had massive price appreciation yesterday which brought it briefly near the $0. 045 level. As price approached the $0. 045 point yesterday, it met strong resistance at the 50EMA and made a strong move back downwards closing very close to the same price level it opened at.
2018-7-19 20:54 | |
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From yesterday’s Bitcoin price analysis: “The inverse Head and Shoulders pattern is alive; breaking the neckline at $6800 resistance level, will set immediate target of around $7800.” As we all may have seen, Bitcoin had a very nice breaking-up green candle with HUGE amount of trading volume. Resistance levels at $6800, $7000 and $7300 were
2018-7-18 16:11 | |
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom).
2018-7-18 01:36 | |
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We see a follow up of yesterday’s green candle with ~2% gains today in the price of Bitcoin. The gains are still on low volume so let’s see if the rise can sustain over the next 24 hours, as Monday has proven to be a tough day for the crypto markets during 2018.
2018-7-15 17:24 | |
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On the daily timeframe, Bitcoin is forming its second consecutive tight-ranged candle indicating that there is some indecision in the market. Typically, it takes less volume to move the market on the weekend, but with significant price drops during the week, Bitcoin has been trading flat over the past two days.
2018-7-14 22:34 | |
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Bitcoin (BTC) is at the end of the line. From this point onwards, it will have to break out of the triangle, be it to the upside or to the downside. The most likely scenario, considering all technical as well as fundamental indicators is that Bitcoin (BTC) will break out to the upside.
2018-7-13 17:00 | |
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After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics.
2018-7-11 00:21 | |
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Last week was critical for Bitcoin (BTC) because it could have closed below the 21 EMA for the first time since 2016. This would also have invalidated a 2013 styled bullish view and pushed Bitcoin (BTC) into a bear market for a long time.
2018-7-4 18:00 | |
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BCH/USD Medium-term Trend: Bullish Supply zones: $1000, $1050, $1100 Demand zones: $600, $550, $500 Bitcoin Cash remains in bullish trend in the medium term. The bears' pressure was relatively strong as we saw price pushed to $737.
2018-7-4 10:56 | |
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BCH/USD Medium-term Trend: Bullish Supply zones: $1000, $1050, $1100 Demand zones: $600, $550, $500 Bitcoin Cash resumes in bullish trend in the medium term. The bearish pressure became weak as price was down to $720.
2018-7-3 11:33 | |
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Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.
2018-7-1 19:35 | |
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Bitcoin (BTC) is presently in a do or die situation. The price has once again plunged below $6,000 and is now trading just above the previously held $5,800 level. If the price falls below $5,800 and stays below $5,800 for the next few days, it will invalidate a bullish bias and may lead to a long term bear market.
2018-6-29 17:05 | |
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Bitcoin (BTC) narrowly missed scaling a key resistance level on Monday, but remains on the hunt for a corrective rally, the technical studies indicate. As discussed, a close (as per UTC) above $6,250 (Doji candle high) yesterday would have likely set the tone for a stronger corrective rally. While prices did reach a high of
2018-6-26 16:54 | |
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Bitcoin (BTC) took a trip to hell and apparently made it back last night when a fall below $6,000 took many by surprise. Fortunately, Bitcoin (BTC) formed a doji just above the support line which pumped back some life into the cryptocurrency and pushed it back above $6,200.
2018-6-25 18:00 | |
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So, a relief rally may be in the offing, but that depends on whether prices close today (as per UTC) on a positive note. A notable relief rally could be in the offing if BTC closes today (as per UTC) above $6,250 (Sunday’s doji candle high), confirming a bullish doji reversal. A confirmation of bullish
2018-6-25 17:09 | |
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