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Bitcoin / USD Technical Analysis: Critical Round

Bitcoin has a bullish short-term outlook, with the BTC / USD pair regaining bullish momentum above the $5,100 level The four-hour time frame shows a bearish head and shoulders pattern The Ichimoku indicator on daily time frame is showing that the $5,200 level is an important pivot Bitcoin / USD Short-term price analysis Bitcoin has […] The post Bitcoin / USD Technical Analysis: Critical Round appeared first on Crypto Briefing. дальше »

2019-4-18 17:12


Tezos / USD Technical Analysis: Second Stage Firing

Tezos remains bullish in the short-term, with the XTZ / USD pair breaking above a triangle pattern on the four-hour time frame The daily time frame also shows that a bullish breakout from a triangle is underway The large inverted head and shoulders pattern on the daily time frame has reached its overall upside objective […] The post Tezos / USD Technical Analysis: Second Stage Firing appeared first on Crypto Briefing. дальше »

2019-4-16 18:13


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


Litecoin Price Prediction: LTC Is Creating a Head and Shoulders Pattern, Will the Neckline Provide Support?

Long-Term Outlook A look at the Weekly chart for LTC/USD shows that price made a temporary bottom at $28, inside the support area formed by the highs of 2014. It is currently trading at $48, slightly above the 21-period moving average but below the 50-period MA and the Ichimoku cloud. дальше »

2019-3-4 11:59


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Cryptocurrency Market sets out in a Bullish pattern, positions BCH, ETH and EOS for a price breakout

The cryptocurrency market has taken a rather impressive turn since the last 24hrs when most tokens and coins were only making a little above 2% to 4% in gains, but as usual, the unpredictable structure of the market has moved to a more trading friendly position as more and more tokens continue to attain gains. дальше »

2019-1-15 22:45


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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. дальше »

2019-1-4 02:22


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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. дальше »

2018-11-16 01:28