2023-4-24 13:39 |
A “horrendous bearish engulfing” risks defining the weekly close, but all may not be lost, insist Bitcoin price analysts.
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Bitcoin (BTC) was rejected by a long-term resistance line last week and created a bearish engulfing candlestick. The price is at risk of breaking down from a long-term horizontal support area. The post Bitcoin (BTC) at Risk of Falling to Multi-Year Low After Likely Interest Rate Hike appeared first on BeInCrypto.
2022-9-19 11:07 | |
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Bitcoin (BTC) has created a bearish weekly candlestick and is showing several bearish signals in the daily time frame. The post Bitcoin (BTC) Creates Weekly Bearish Engulfing Candlestick After Retesting $25,000 appeared first on BeInCrypto.
2022-8-22 09:19 | |
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Bitcoin (BTC) decreased sharply creating a bearish engulfing candlestick and nearly falling to a new yearly low. The post Bitcoin (BTC) Negates Gains With Bearish Engulfing Candlestick appeared first on BeInCrypto.
2022-6-17 11:45 | |
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Bitcoin (BTC) was rejected sharply yesterday and failed to break out from a descending resistance line that has been in place since March. The post Bitcoin (BTC) Drops Below $30,000 and Risks Creating Bearish Engulfing Candlestick appeared first on BeInCrypto.
2022-6-7 12:30 | |
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC's recent streak of bearish engulfing candlesticks has suThe post Polygon [MATIC]: How short sellers can take advantage of this opportunity appeared first on AMBCrypto.
2022-5-27 06:30 | |
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After closing the weekly session at $56,280 in a bearish engulfing pattern, down 6% from the previous week, BTCUSD staged an abortive recovery in the early trading hours on Monday. A daily close on Saturday below the key support level of 61165 triggered a rapid, alarming decline on Sunday, leading to roughly $4.
2021-4-20 21:32 | |
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Nevertheless, Bitcoin is expected to either bounce upwards or consolidate this week. After that, it’s expected to confirm the direction of the longer-term trend. Weekly Bitcoin Close Two weeks ago, Bitcoin decreased considerably and created a bearish engulfing candlestick.
2021-3-8 12:02 | |
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Bitcoin is expected to continue increasing towards the resistance areas outlined below. Bearish Weekly Bitcoin Close Bitcoin decreased from a high of $57,508 to a low of $43,000 last week, creating a bearish engulfing candlestick in the process.
2021-3-1 10:02 | |
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On Sept 2, the Bitcoin (BTC) price created a bearish engulfing candlestick and decreased considerably, falling back to the $11,200 support area. While the area is likely to initiate a bounce, BTC could fall towards $10,800 afterward.
2020-9-3 13:35 | |
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The Bitcoin (BTC) price is approaching a decisive daily and weekly close, which will be essential in determining the direction of the next move. Bitcoin’s Candlestick Outlook On Aug. 25, the bitcoin price created a bearish engulfing candlestick that took the price to a low of $11,112.
2020-8-30 16:16 | |
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Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency.
2020-8-7 16:00 | |
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The Bitcoin (BTC) price decreased considerably on August 2, creating a very significant bearish engulfing candlestick. The price has been increasing since, but the move is more akin to a retracement as a result of the decrease rather than the beginning of a new upward trend.
2020-8-4 12:48 | |
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The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy.
2020-8-3 12:18 | |
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On July 9, the Bitcoin (BTC) price created a bearish engulfing candlestick and fell back inside the descending channel it had just broken out from. This is a sign that the breakout was not legitimate and the price is likely to head lower.
2020-7-10 12:55 | |
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Bitcoin (BTC) decreased considerably on July 2, dropping from a high of $9,255 to $8,940 in a span of fewer than three hours. The decrease also created a bearish engulfing candlestick on the daily time-frame, causing the price to drop below an important moving average (MA).
2020-7-3 13:45 | |
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The Bitcoin price decreased considerably on June 24, creating a bearish engulfing candlestick and erasing almost all of the gains made from the June 22 breakout. However, the price is still trading inside a strong support area backed by the 50-day moving average (MA).
2020-6-25 13:45 | |
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On June 11, the prices of both Tezos (XTZ) and Chainlink (LINK) created bearish engulfing candlesticks that caused breakdowns from their respective long-term ascending support lines. It’s possible that both have just begun a corrective phase.
2020-6-12 17:32 | |
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On June 11, the Bitcoin price created a massive bearish engulfing candlestick, causing the price to break down from the long-term ascending support line it had been following since March 13. It is possible that this was the beginning of a longer-term corrective movement that could knock the price all the way back to $7,000.
2020-6-12 12:05 | |
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During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend.
2020-5-25 14:05 | |
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On May 21, the Bitcoin price decreased considerably and created a bearish engulfing candlestick in the process. However, the price has bounced at a likely reversal level and has possibly begun a retracement.
2020-5-22 13:03 | |
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Key Highlights • BTC/USD trade has entered another close upper range trading level of $9,500 and $9,000. • BTC/USD bulls may relatively keep pushing against bears in the next trading sessions. • An occurrence of a bearish engulfing candlestick against the past lower highs formed will signal a return of bears in the market. Bitcoin […]
2020-5-7 10:07 | |
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On April 30, the Bitcoin (BTC) price created a bearish candlestick with a very long upper wick that closely resembles a shooting star. This is considered a bearish reversal pattern. The candle was created with more volume than the preceding bullish engulfing one.
2020-5-1 12:06 | |
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On March 9, the BTC price reached a major support area at $7,700, initiating a short-term bounce. While the price stayed above this level for three days, it decreased sharply on March 12, creating a bearish engulfing candlestick and breaking down below this area.
2020-3-12 12:40 | |
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During the week of Feb 24 – March 1, the Bitcoin price dropped from $9,985 to $8,556, a decrease of roughly 15%. It completed a weekly bearish engulfing candlestick. Bitcoin (BTC) Price Highlights The Bitcoin price completed a weekly bearish engulfing candlestick.
2020-3-2 13:26 | |
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The past week was brutal for Bitcoin, with the weekly candle coming to a close today. The weekly chart looked bearish with the current weekly candle engulfing 3 candles before it. As the price hoveredThe post Bitcoin miners could cry capitulation yet again with price eyeing $7,600 level appeared first on AMBCrypto.
2020-3-1 17:00 | |
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On Feb 26, the Bitcoin price created a bearish engulfing candlestick and decreased by almost 7%. Bitcoin (BTC) Price Highlights The Bitcoin price created a bearish engulfing candlestick. It bounced at the 200-day MA.
2020-2-27 14:39 | |
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On Feb 25, the COTI price reached a high of 390 satoshis. It followed this up with a bearish engulfing candlestick the next day and has decreased by 40% since. COTI (COTI) Price Highlights At one point, the COTI price increased by more than 200% in February.
2020-2-27 11:37 | |
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On Feb 19, the Bitcoin price created a massive bearish engulfing candlestick that took it all the way to the support line of the current ascending channel. Bitcoin Price Highlights The Bitcoin price created a bearish engulfing candlestick.
2020-2-20 11:42 | |
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On Feb 15, the Bitcoin price created a bearish engulfing daily candlestick and broke down from its long-term ascending support line. It has been decreasing since. Bitcoin Price Highlights The Bitcoin price broke down from a parabolic ascending support line.
2020-2-17 13:50 | |
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Bitcoin Price Highlights The Bitcoin price is trading inside of an ascending wedge. It created a bearish engulfing candlestick on January 19. The price is not reacting to its long-term pattern. The 200-day moving average (MA) is offering strong resistance to the price.
2020-1-20 13:08 | |
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The Bitcoin price has created a weekly bearish engulfing candlestick. It is trading inside of a parallel channel and has reached the support line. We believe it may be very close to making a bottom — if it has not made one already at $6600.
2019-11-25 14:44 | |
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The Bitcoin price has created a daily bearish engulfing candlestick. However, it is still holding on to support offered by the previous descending resistance line. It is trading in a range between $8600 and $9150.
2019-11-12 17:03 | |
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The short-term is in a bearish trend while the medium-term outlook is in a range-bound market. Responsible selling after bullish pullback may be considered. MIOTA/USD Medium-term Trend: Ranging Supply zone: $0.
2019-6-14 16:37 | |
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BCH/USD The moving averages have been intertwined in the last 24hrs thus confirm the price momentum is likely in a range. The RSI indicator was above 70 indicating an overbought market from 4th to 6th.
2019-5-9 09:35 | |
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The short and medium-term outlook is in a bullish trend. Buying at pullbacks may be considered. XLM/USD Medium-term Trend: Bullish Supply zone: $0. 2000, $0. 2500, $0. 3000 Demand zone: $0. 0800, $0.
2019-4-12 22:26 | |
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Monero (XMR) XMR has managed to rise past $50 in the last few hours. In a classic double bottom reversal pattern, the currency managed to extend above $50 on the hourly charts to record its current level of $50.
2019-3-12 19:13 | |
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Long-Term Outlook: A look at the Weekly chart for BNB shows that the price has broken through the resistance near $8 and is currently on the process of forming another bearish engulfing candle. This is the fifth weekly bullish candle in a row.
2019-3-9 18:09 | |
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The long-term outlook is in consolidation. The bears may sustained the pressure down south. XMR/USD Long-term Trend: Ranging Supply zone: $100. 00, $110. 00, $120. 00 Demand zone: $30. 00, $20. 00, $10.
2019-3-2 23:08 | |
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Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.
2019-2-26 02:42 | |
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ADA/USD Medium-term Trend: Bearish Supply zones: $0. 0600, $0. 06600, $0. 06800 Demand zones: $0. 02000, $0. 01500, $0. 01000 ADA is in a bearish trend in its medium-term outlook. The descending channel is the structure of the cryptocurrency as the journey down south continues.
2019-2-6 22:20 | |
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Supply zones: $0. 33, $0. 38, $0. 42 Demand zones: $0. 28, $0. 27, $0. 26 XRP/USD Medium-term Trend: Bearish XRP/USD continues on the bearish trend on the medium-term outlook. The Bulls lost the momentum completely on the XRP market since the supply zone of $0.
2019-1-30 20:05 | |
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Supply levels: $131, $145, $164 Demand levels: $115, $101, $90 ETH/USD Medium-term Trend: Bearish ETH/USD is on the bearish trend on the medium-term outlook. The bearish engulfing candle formed on the 4-Hour chart on January 10 pushed the ETH price down and bottomed at $115 price level on January 13 after broken down the former […] The post Ethereum (ETH) Price Prediction and Analysis – January 24 appeared first on ZyCrypto.
2019-1-24 15:43 | |
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Long-Term Outlook A look at the Weekly XRP chart shows that price hit support at the $0. 3 area quickly rallied upward to $0. 4. Price made a spinning top candle which indicates indecision in the market and followed that with a bearish engulfing candle.
2019-1-15 16:39 | |
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BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD is in bearish trend in its medium-term outlook. The cryptocurrency is in a descending channel as its journey south.
2019-1-14 16:25 | |
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CoinSpeaker Ethereum Price Analysis: ETH/USD Trends of December 25–31 In case the bearish pressure continues and there is a bearish engulfing candle breakout and close below the demand level of $121, then Ethereum may have its low at $98 - $109.
2018-12-25 12:01 | |
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BSV/USD Medium-term Trend: Bullish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD is in a bullish trend in its medium-term outlook. The bearish pressure after a drop to $76.50 in the demand area was weak and could not sustain the downward journey hence the bulls returned. The bullish engulfing candle at to […]
2018-12-19 09:18 | |
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XLM/USD Medium-term Trend: Bearish Supply zone: $0. 2000, $0. 2500, $0. 3000 Demand zone: $0. 0800, $0. 0600, $0. 0400 XLM is in a bearish trend in its medium-term outlook. The strong bullish pressure that started on 15th December and confirmed by the engulfing candle at $0.
2018-12-18 13:19 | |
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BCHSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $60, $50, $40 BCHSV continues in a range-bound market in its medium-term outlook. The effect of the large bearish engulfing candle at $98.
2018-12-4 10:32 | |
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Supply zones: $0. 46, $0. 48, $0. 51 Demand zones: $0. 43, $0. 41, $0. 37 XRP/USD Medium-term Trend: Bullish XRP/USD is bullish in its medium-term outlook. The coin reversed from the uptrend as the doji candle ended the consolidation phase and a bearish engulfing candle formed which broke $0.
2018-11-15 18:38 | |
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While the cryptocurrency market continues to grow, traders must be able to differentiate promising assets in a market of high risk, high reward. Some altcoins are ripe for growth, while others just don’t have the fundamentals for long term value.
Options traders are eyeing $120k and $150k price targets in Q1 2025 Santiment cautioned that a move to $110k and other targets could happen when people least expect Bitcoin [BTC] flirted witThe post Post-Christmas momentum seen for Bitcoin – Could $150K be within reach? appeared first on AMBCrypto.
The cryptocurrency market is likely to see another surge as Donald Trump returns to office for a second term. US politics is known for its extremes, and during Republican leadership, we have observed a shift towards a business-friendly approach and more deregulation.
As we move towards a new year and inch closer to March 2025, optimism is mounting around altcoins, with many crypto investors anticipating exponential returns from these tokens. Among the numerous options available, Rexas Finance (RXS), PEPE, and Toncoin stand out as particularly noteworthy.
Key takeaways Ether has increased more than 3% in value in the last 24 hours, approaching the $3,500 mark. The iDEGEN pre-market auction has officially surpassed $8 million after selling nearly 1.
ETH cracked $3.5K support, but will $3K hold ahead of nearly $4B options expire on Friday? Will liquidity sweep drive the recovery towards $3.5K and $4.1K? Ethereum [ETH] broke the shortThe post Ethereum price prediction: What’s next for ETH after losing the $3.5K support? appeared first on AMBCrypto.
As AI takes over the crypto space, one project stands out; iDEGEN. Just three weeks into its presale, it’s price has rallied by close to 90,000%. Besides, the crypto-friendly environment that President Trump is cultivating is set to bolster the new entrant as well as other established cryptos.