Chainlink slips beneath $7 once more after the rejection at this level

2023-5-3 18:30

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish once moreThe post Chainlink slips beneath $7 once more after the rejection at this level appeared first on AMBCrypto.

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once rejection level chainlink beneath slips structure

Источник: ambcrypto.com

once rejection → Результатов: 43


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Bitcoin Likely to See Further Downside After Price Fails to Break Key Level

Bitcoin has been facing some immense selling pressure as of late, with the resistance found within the mid-to-upper $19,000 region proving to be too much for bulls to handle Despite seeing another strong rejection here overnight, it is important to note that Bitcoin once again set another higher-high This indicates that the cryptocurrency could be on the cusp of seeing another bid at breaking through the resistance it has been struggling with The support it […]

2020-12-5 02:00


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Ethereum is a Hot Topic Following 2.0 Launch; Will This Boost Its Uptrend?

Ethereum and the entire crypto market have pushed higher overnight, which comes as Bitcoin gears up for another test of its all-time highs This push higher has allowed ETH to gain what appears to be a strong foothold within the lower-$600 region Any rejection or downturn seen by Bitcoin, however, could cause Ethereum’s price to plunge in tandem and once again lose this coveted level Data regarding the sentiment and social activity surrounding ETH seems […]

2020-12-4 00:00


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Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […]

2020-11-9 19:31


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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […]

2020-8-11 02:00


Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […]

2020-8-6 21:00


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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […]

2020-6-12 21:00


Bitcoin Abruptly Surges to $10,000: But Here’s Why a Brutal Rejection Awaits

Bitcoin price just broke out from the tight trading range its been trading it for days between $9600 and $9800, and moments later found itself tapping resistance at $10,000 once again. The spike was quickly rejected, but Bitcoin appears to be consolidating and ready for another attempt to breakthrough. Will the rejection force prices lower […]

2020-6-11 21:55


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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […]

2020-5-15 02:00


This Bitcoin Open Interest Trend Signals that There is Massive Room to Rally

Bitcoin is once again attempting to establish a firm foothold within the five-figure price region following the slight rejection it saw overnight The cryptocurrency’s current upwards momentum is showing major signs of being far more sustainable than that seen during previous months and years One economist is now noting that the lack of leverage seen during this movement signals BTC has further room to run Bitcoin is once again attempting to establish a firm footing […]

2020-5-9 02:00


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It’s a Critical Moment for Bitcoin as Analysts Eye a Move to $14,000

Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […]

2020-5-7 21:00


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

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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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


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SEC Has Taken the Role of “Gatekeepers of Innovation” Says Commissioner Hester Peirce After Bitcoin ETF Rejection

The Securities and Exchanges Commission (SEC) has once again rejected, 3 to 1, a four years old bitcoin ETF application by the Winklevoss twins after setting aside a previously delegated... The post SEC Has Taken the Role of “Gatekeepers of Innovation” Says Commissioner Hester Peirce After Bitcoin ETF Rejection appeared first on Trustnodes.

2018-7-27 13:26


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