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Analyst: Ethereum Forming Extremely Bullish Pattern as Bulls Target New Highs

Ethereum and the entire crypto market is consolidating today following some recent turbulence Bulls stepped up after the entire market saw a massive selloff yesterday and absorbed the influx of selling pressure, allowing BTC to rocket past $40,000 and ETH to move higher Today, the market has consolidated and drifted slightly lower, although bulls still […] дальше »

2021-1-9 01:38


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Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level

Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market, which may have come about due to XRP’s 50%+ one-day decline Other major altcoins – like Chainlink – posted massive losses that resulted in deep downwards wicks on their candle charts, likely due to on-chain short liquidations ETH is now in the process […] дальше »

2020-12-27 01:00


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This Pattern Suggests Bitcoin Could Plummet to $12,000 Before Uptrend Continues

Bitcoin and the entire crypto market are showing some signs of strength on this relatively quiet morning for the markets Following a brief bout of trading below $17,000, the benchmark cryptocurrency has firmly reclaimed this price region It is now attempting to push higher as bears lose steam, which could be a sign that its recent $16,400 lows are a long-term bottom Where the market trends in the mid-term will depend entirely on Bitcoin and […] дальше »

2020-11-29 20:00


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This Grim Pattern Indicates Bitcoin Is Ready to Plunge Towards $9,500

There’s an air of uncertainty within the crypto market, with most altcoins plunging lower as Bitcoin continues consolidating Analysts seem to be unsure of where the benchmark cryptocurrency will trend in the near-term, as it has yet to make any decisive movements One trader is noting that BTC is currently in the process of undergoing a bearish technical cross between two of its moving averages He notes that this could open the gates for a […] дальше »

2020-10-6 21:00


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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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This Grim Technical Pattern Suggests Ethereum May Plunge to $240

Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »

2020-9-11 23:00


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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside

Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […] дальше »

2020-8-21 19:00


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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control

Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »

2020-8-21 02:00


This Newly Formed Structure Could Cause Bitcoin to See Major Losses

Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »

2020-8-5 02:00


Chainlink is About to Print an “Extremely Bullish” Pattern as Analysts Eye Upside

Chainlink has seen some volatile price action throughout the past couple of days, with its price oscillating between lows of $7.40 and highs of $8.80. This volatility has come as it decouples from the price action seen by Bitcoin and the aggregated crypto market – which, for the time being, is a positive technical development. […] дальше »

2020-8-4 02:00


Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k

Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »

2020-7-26 19:00


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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It

An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […] дальше »

2020-6-6 23:00


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Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So

The Bitcoin price is possibly following a Wyckoff distribution pattern, a breakdown of which could see a sell-off down to between $6,000 – $7,000. First things first, what is the Wyckoff distribution? The analysis method explains a period of consolidation, which occurs after an upward move, serving as a way for market makers to sell […] The post Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So appeared first on BeInCrypto. дальше »

2020-6-5 21:00


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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally

Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […] дальше »

2020-6-1 22:00


This Eerily Accurate Fractal Predicts Bitcoin Will Rocket to $20,000 in 2020

While Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation. After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this range. Though a popular... дальше »

2020-5-30 03:00


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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »

2020-5-22 23:00