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Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential
Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. дальше »
2020-12-9 17:22 | |
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Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart
Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »
2020-12-3 02:00 | |
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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%
Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] дальше »
2020-11-3 02:00 | |
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Ethereum Could Plunge to $315 if Bulls Fail to Defend One Key Level
Although the altcoin market has not been tracking Bitcoin’s upside as of late, it is still fully exposed to its downside The cryptocurrency faced another rejection at $13,800 overnight that caused it to reel into the lower-$13,000 region This created headwinds that put a firm end to the breakout rally that Ethereum started forming yesterday ETH has now erased all of its recent gains and is now at risk of seeing significantly further downside One […] дальше »
2020-11-3 23:00 | |
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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable
Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »
2020-10-31 21:00 | |
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Ethereum Rallies Into Resistance: Here’s Why Bulls Are Comfortable
Ethereum rallied more than 5% and it broke the key $370 resistance against the US Dollar. ETH price is struggling to clear the $390 resistance and it is currently correcting lower. Ethereum started a strong increase after forming a key double bottom pattern near $355. дальше »
2020-9-17 08:48 | |
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Ethereum Just Saw A Key Technical Breakout: Big Reaction From Bulls Imminent
Ethereum is up over 2% and it broke the main $400 resistance against the US Dollar. ETH price is likely to accelerate higher once it clears the $408 resistance zone. ETH price is back in a positive zone above the $400 and $402 resistance levels against the US Dollar. There is a strong support forming […] дальше »
2020-8-31 09:28 | |
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Bitcoin is Forming an “Ugly” Weekly Candle as Upwards Momentum Falters
Bitcoin is showing some signs of weakness as its price hovers around its key near-term support at $11,300. Bulls have been able to post an ardent defense of this level throughout the past day, with each dip below it being met with massive inflows of buying pressure. дальше »
2020-8-27 19:00 | |
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Bitcoin Showing Early Signs of Struggle: Can Bulls Save The Day?
Bitcoin is struggling to stay above the $11,200 resistance level against the US Dollar. BTC is currently correcting lower and it could continue to move down towards $10,700. Bitcoin is slowly moving lower after forming an intraday high near the $11,349 level. дальше »
2020-7-30 06:58 | |
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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range
Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »
2020-7-21 23:00 | |
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There’s a $10+ Million Sell Wall At $9,400 Preventing a Bitcoin Rally
For the umpteenth day in a row, Bitcoin has stalled in the low-$9,000s. Bulls and bears have found themselves at an impasse, with neither side forming a trend as there is also indecision in the equity market. дальше »
2020-6-22 03:00 | |
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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long
Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »
2020-4-29 23:00 | |
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Bitcoin is Forming a Bull Cross After Rallying to $6,500; Analysts Now Targeting $7,700
Following a brief selloff that led Bitcoin down to lows of $5,800 overnight, the crypto has been able to post a strong and sustainable rebound that has since led it to climb towards $6,500, with bulls currently attempting to reclaim its previous position within the upper-$6,000 region. It now appears that bulls are in the... дальше »
2020-3-31 02:30 | |
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Bitcoin Trading Near Make-or-Break Levels: Can Bulls Make It?
Bitcoin is currently correcting higher from the $3,906 swing low against the US Dollar. BTC is now forming a crucial breakout pattern, which is likely to decide the next move. Bitcoin price seems to be facing a lot of hurdles on the upside near $5,500 and $5,950. дальше »
2020-3-15 08:28 | |
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Bitcoin Bulls Alert: This Head & Shoulders Pattern Could Trigger Violent Drop
Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like a head and shoulder pattern is forming, which could drag BTC towards $8,800. After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar. дальше »
2020-2-2 08:28 | |
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Are Bitcoin Bulls Finally Giving Up? BTC Shows First Signs of a Big Correction
Bitcoin spiked above $9,400 and $9,500 against the US Dollar. BTC traded to a new yearly high at $9,569 and it is currently showing signs of a downside correction. Bitcoin price is likely forming a short term top near the $9,570 level against the US Dollar. дальше »
2020-1-31 08:28 | |
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Bulls Beware: Last Bitcoin Downtrend Breakout Led To Bear Market Lows
Bitcoin bulls across the globe are currently rejoicing that the downtrend that the first-ever cryptocurrency has spent the last six months in, has been broken out of with the latest rally, following an inverse head and shoulders bottom forming at $6,500. дальше »
2020-1-15 22:00 | |
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Ripple (XRP) Bulls Aim Larger Breakout Above $0.20
Ripple price is consolidating above the $0. 1850 and $0. 1880 support levels against the US dollar. XRP could start a larger rally if it clears the main $0. 2000 resistance area. There is a major breakout pattern forming with resistance near $0. дальше »
2020-1-2 07:28 | |
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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K
Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »
2019-12-31 08:30 | |
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Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K
Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC. дальше »
2019-12-30 09:04 | |
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Bitcoin at Major Crossroads, Can Bulls Protect $7,000?
Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar. A bearish break below the $7,000 support could start a short term downtrend. There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-26 09:00 | |
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Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip
Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-25 08:58 | |
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Bitcoin Rallies 5% To Clear Hurdles, Bulls Aiming $8K
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar. The price is now trading in a positive zone and it could rise further above $7,700. There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-23 09:00 | |
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Ripple (XRP) Lacks Momentum Despite BTC & ETH Rally, Can Bulls Make It?
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0. дальше »
2019-12-23 07:28 | |
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Bitcoin (BTC) Bears Remain In Driver’s Seat But Bulls Not Done Yet
Bitcoin price is extending losses below the $6,800 support area against the US Dollar. A crucial support is waiting on the downside near $6,500 and $6,200. There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-18 09:00 | |
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Why Ripple (XRP) Bulls Need To Be Careful After New 2-Year Low?
Ripple price is diving below $0. 1900 and it recently traded to a new 2-year low against the US dollar. It broke a significant support, opening the doors for further losses below $0. 1800. There is a key bearish trend line forming with resistance near $0. дальше »
2019-12-18 07:30 | |
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Ethereum & Bitcoin Takes Hit, What Does This Mean For This Bulls?
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-12-18 06:08 | |
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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back?
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-16 09:00 | |
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Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling
Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-11 09:00 | |
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Ethereum (ETH) Bulls Eye Crucial Bullish Break
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-12-9 06:08 | |
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Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?
There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-8-4 08:00 | |
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Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000
In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle mentioned in a previous analysis has progressed over the last 3 days. дальше »
2019-8-3 19:16 | |
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GXChain Price Analysis GXC / BTC: Baiting The Bulls
GXChain has a bullish short-term bias against Bitcoin, with the GXC / BTC pair breaking above key resistance The four-hour time frame is showing that a bullish inverted head and shoulders pattern is forming A bearish head and shoulders pattern continues to take shape on the daily time frame Fundamental Analysis GXChain has gained bullish […] The post GXChain Price Analysis GXC / BTC: Baiting The Bulls appeared first on Crypto Briefing. дальше »
2019-8-1 16:10 | |
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Bitcoin Price (BTC) Trading Near Inflection Point, Can Bulls Make It?
Bitcoin price declined heavily below the $9,800 and $9,500 support levels against the US Dollar. The price traded to a new weekly low at $9,118 and it is currently correcting higher. There is a crucial contracting triangle forming with resistance near $9,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-29 09:00 | |
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Bitcoin Price Analysis: Bulls Win Another Breakout
Bitcoin bulls have won yet another descending channel breakout, causing short-term price action to bounce off a key support around $9,500 and push price levels back to 5 digits. Bitcoin Monthly Chart On the monthly XBT/USD, we can see a doji forming on the latest candle as the head sits in the middle of two large wicks. дальше »
2019-7-25 12:22 | |
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Analyst: Ripple (XRP) May Be Forming Largest Bullish Divergence in Its History
Although bulls made a strong attempt to reverse the recently formed bear trend during this past weekend when Bitcoin quickly rose to $11,000, its swift rejection at this price and subsequent downtrend has wreaked havoc... дальше »
2019-7-24 04:57 | |
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Bitcoin: Signal That Preceded Two 60% BTC Rallies is Forming
Bitcoin Bulls Ready to Run Bitcoin (BTC) bulls are poised to break out of the gates. As noted by prominent analyst Joe McCann, the one-day Moving Average Convergence Divergence (MACD), an indicator meant to determine. дальше »
2019-7-21 09:00 | |
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Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?
Bitcoin price declined sharply below the $12,000 support area against the US Dollar. The price traded close to the $11,000 support and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-12 09:00 | |
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Bitcoin Price (BTC) Hits $13K: Dips Remain Attractive To The Bulls
There was an upside extension above the $12,800 and $13,000 resistances in bitcoin price against the US Dollar. The price even traded close the second bullish target of $13,200 (as discussed yesterday). дальше »
2019-7-10 09:00 | |
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Bitcoin Price Analysis: Bulls Win Compelling Breakout
Over the last 24 hours, BTC has convincingly broken to the upside resulting in price levels hitting the bullish target set in my previous Bitcoin price analysis piece just 2 Day ago. Price action looks to now be forming a rising wedge type pattern that should see BTC re-test POC around $11,250. дальше »
2019-7-10 21:15 | |
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Bitcoin Price Analysis: Bears and Bulls Fighting In A Tight Range
Over the last 4 days, Bitcoin price has been consolidating within a $1,000 range clearly forming an asymmetrical triangle. Price action is squeezing, resulting in the range becoming tighter as market price nears the end of the triangle. дальше »
2019-7-8 17:34 | |
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Bitcoin (BTC) Price Showing Positive Signs: Bulls Sighting Bullish Break
After a downside correction, bitcoin price fond support near the $10,800 level against the US Dollar. There was a decent recovery in the past two sessions and the price traded above $11,300. There is a key bearish trend line forming with resistance near $11,600 on the hourly chart of the BTC/USD pair (data feed from. дальше »
2019-7-6 07:28 | |
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Bitcoin (BTC) Reversal Unfolds: Bulls Target $12K or $12.5K
A strong support base is forming near the $9,700 level after a strong decline. A swing low was formed at $9,679 before the price started a strong upward move. Yesterday’s crucial declining channel was breached with resistance near $10,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-3 09:00 | |
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Bitcoin Rebounds Nicely, BTC Bulls Sighting Next Crucial Break
After a nasty upward move, bitcoin price corrected below $12,000 against the US Dollar. The price towards the $10,400 support and recently started a fresh increase above $11,500. There is a major contracting triangle forming with resistance near $12,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-6-30 08:00 | |
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Ethereum (ETH) Price Climbing Higher: Can Bulls Break $275 This Time?
ETH price found support near the $262 level and recently climbed higher against the US Dollar. The price is currently testing the $270 resistance and it could continue to rise towards $275. There is a connecting bullish trend line forming with support near $268 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-6-20 06:08 | |
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Ripple (XRP) Price Surging: Bulls Sighting Break Past $0.4500
Ripple price started a solid upward move and broke the $0. 4200 resistance against the US dollar. The price rallied above the $0. 4400 level and recently started a downside correction. There is a key bullish trend line forming with support near $0. дальше »
2019-6-17 07:08 | |
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Bitcoin May Be Forming a Bearish Head & Shoulders Pattern, But Here’s Why It Doesn’t Matter
Bitcoin has been able to find some stability after rapidly surging back above the critical $8,000 level earlier this week, signaling that BTC’s bulls are not yet ready to surrender to its bears, which means that further gains could be imminent. дальше »
2019-6-14 03:00 | |
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Ripple (XRP) Price Face Resistance: Can Bulls Overcome 100 SMA?
Ripple price started a short term recovery from the $0. 3686 swing low against the US dollar. The price traded above the $0. 4000 level, but it failed to surpass the $0. 4050 resistance. There is a key contracting triangle forming with resistance near $0. дальше »
2019-6-12 06:00 | |
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Dogecoin (DOGE) Price Analysis: No Firepower To Crack The 44 Sats Zone
4H DOGEBTC The 4h timeframe portrays a huge struggle of Dogecoin bulls to break out of the 35-44 sats channel. DOGE clearly bottomed out at 35 sats after forming a bottom for 10+ candles before shifting gears and heading back up. дальше »
2019-6-11 03:19 | |
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