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Bitcoin Descending Triangle Hints At Third Downtrend Before Bear Market Finish

Bitcoin price has now set a handful of lower highs on the daily timeframe but has yet to make a lower low, confirming a downtrend. However, each subsequent lower high has now resulted in what appears to be a descending triangle pattern – a traditionally bearish pattern for the cryptocurrency. Will this triangle eventually break […] дальше »

2020-9-29 20:00


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Bitcoin Slows Its Bearish Momentum Following Daily Close; Factors to Consider

Bitcoin is currently flashing some notable signs of strength following the bout of weakness seen throughout the past couple of weeks. The cryptocurrency is far outperforming the altcoin market, with both major altcoins like Ethereum and Chainlink – as well as smaller ones – all flashing signs of immense weakness throughout the past several days […] дальше »

2020-9-17 19:00


Bitcoin Price (BTCUSD) Sees Violent $750 Drop, Top Formation Appears

Yesterday, crypto bulls began celebrating as Bitcoin poked its head above resistance at $12,000 momentarily, before pulling back ahead of the first daily close of the new month. The failure to set a new high, coinciding with some bearish technical signals and underlying market factors, may have prompted the selloff. But how low will this […] дальше »

2020-9-2 14:49


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Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei. дальше »

2020-7-19 07:00


Ethereum Technical Analysis Sees ETH Track BTC Higher

Ethereum has a bullish short-term trading bias and a bearish medium-term outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a breakout above the $140 level could be very bullish for ETH/USD Ethereum is moving higher on Monday, as the second-largest cryptocurrency […] The post Ethereum Technical Analysis Sees ETH Track BTC Higher appeared first on Crypto Briefing. дальше »

2020-1-6 20:46


Bitcoin Cash Turning Bullish, Holds Above $200

Bitcoin Cash has a bullish short-term and bearish medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is forming The daily time frame shows that the cryptocurrency may start to target the $280 level Bitcoin Cash is showing bullish bias as the fifth-largest cryptocurrency continues to firm above […] The post Bitcoin Cash Turning Bullish, Holds Above $200 appeared first on Crypto Briefing. дальше »

2020-1-2 23:17


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


Stellar Lumen Price Analysis: Looking Oversold

Stellar Lumen has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame continues to show that a bearish wedge pattern breakout has occurred   Stellar Lumen has fallen to a fresh multi-year trading low, following Tuesday’s wide-spread […] The post Stellar Lumen Price Analysis: Looking Oversold appeared first on Crypto Briefing. дальше »

2019-12-18 20:54


Chainlink Price Analysis: Breaking Down

Chainlink has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has formed The daily time frame continues to show the price trapped within a wedge pattern   Chainlink is under increasing downside pressure, with the popular cryptocurrency on the cusp of a short-term bearish […] The post Chainlink Price Analysis: Breaking Down appeared first on Crypto Briefing. дальше »

2019-12-16 17:40