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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 struggles to hold ascending triangle pattern
Bitcoin is trading lower after dipping below a critical level, with extended losses potentially... The post Bitcoin struggles to hold ascending triangle pattern appeared first on Coin Journal. дальше »
2020-6-15 14:38 | |
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Top Analyst Predicts Bitcoin Could Drop Another 10%: Here’s Why
A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows of $8,575. дальше »
2020-6-13 07:00 | |
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Bitcoin Could Hit $11,000 in June 2020; Here’s Why
Bitcoin is correcting lower after testing $10,000 as its local top. But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000. They include a Symmetrical Triangle formation, the Sino-U. дальше »
2020-5-29 16:12 | |
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Bitcoin Breakdown Looks Real, $6.2K On The Horizon?
Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar. The price is likely to continue lower towards $6,500 or $6,200 in the near term. There is a short term contracting triangle forming with resistance near $6,880 on the hourly chart of the BTC/USD pair (data feed from. дальше »
2019-12-17 09:00 | |
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Bitcoin (BTC) Price Weekly Forecast: Risk Of Fresh Drop To $10,500
After a decent rise, bitcoin price topped near the $12,325 level against the US Dollar. The price is currently correcting lower below $11,500, with a bearish angle. There was a break below a crucial contracting triangle with support near $11,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-8-12 09:28 | |
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Bitcoin Price Analysis: BTC Prepped For Another Bearish August
Bitcoin price has almost reached maximum consolidation inside a descending triangle pattern today, having spent the last 3 days narrowly range bound between $9400 and $9580. Bitcoin Daily Chart On the daily BTC/USD chart we can see how Bitcoin has made 4 lower lows over the past 20 days and found reliable support twice at the $9,400 level. дальше »
2019-7-30 19:11 | |
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Ethereum (ETH) Price Eyes Larger Upward Move: Can Bulls Make It?
ETH price started a steady rise above the $158 and $160 resistance levels against the US Dollar. The price traded above the $165 level and recently corrected lower below $165. There is a major contracting triangle in place with resistance near $167 on the 4-hours chart of ETH/USD (data feed via Kraken). дальше »
2019-5-5 07:08 | |
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Bitcoin (BTC) Bears Need To Be Cautious, Bulls Won’t Give Up Easily
Bitcoin price corrected lower after trading above the $5,300 level against the US Dollar. The price declined below the $5,000 support and tested the next support near $4,750. There is a crucial contracting triangle in place with support near $4,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-4-5 09:38 | |
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Bitcoin (BTC) Price Could Rally Significantly Above $4,050
Bitcoin price spiked higher and tested the main resistance at $4,050 against the US Dollar. The price is currently correcting lower, but dips remain supported near $4,000. There is an expanding triangle formed with resistance near $4,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-3-29 09:30 | |
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Ethereum Price Analysis: ETH Targets New Monthly High
ETH price corrected lower and tested the $136-137 support area against the US Dollar. The price is currently recovering and it may continue to rise above $141 and $144 in the near term. This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via. дальше »
2019-3-18 07:08 | |
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Ripple Price Analysis: XRP Could Trade Lower As Recovery Falls Flat
Ripple price failed to hold gains above the $0. 3120 and $0. 3100 supports against the US dollar. The price tested the $0. 3060 support and it is currently trading near the $0. 3100 pivot level. There is a key contracting triangle in place with resistance at $0. дальше »
2019-3-15 08:00 | |
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XRP Price Analysis: XRP/USD Remains within $0.32 – $0.30 Consolidating
CoinSpeaker XRP Price Analysis: XRP/USD Remains within $0. 32 – $0. 30 ConsolidatingThe breakout of the XRP price either at the lower or upper trend line of the triangle is possible; the break out at the upper trend line will push the coin towards the supply level of $0. дальше »
2019-3-13 09:07 | |
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Bitcoin (BTC) Price Analysis: Bears Defend Resistance Again
Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on the daily time frame. Price has once again been rejected at the triangle resistance, so it might be setting. дальше »
2019-3-12 06:44 | |
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Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread
Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support. дальше »
2019-3-5 02:43 | |
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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High
Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »
2019-3-1 03:44 | |
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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. дальше »
2019-2-26 02:42 | |
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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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TRON Price Prediction: TRX / USD Has Broken Down From a Short Term Triangle Pattern, Where Is the Coin Heading Next?
Long-Term Outlook A look at the weekly chart for TRX shows that the price is currently trading at $0. 024 after retracing from the major resistance area near $0. 03. Price is trading above the 21-period MA but below the 50-period MA, which is offering resistance to price. дальше »
2019-2-13 14:14 | |
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Bitcoin Price Watch: BTC Following Slow and Steady Uptrend
Bitcoin price corrected lower recently below the $3,640 and $3,580 supports against the US Dollar. There is a contracting triangle forming with resistance near $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-2-12 09:45 | |
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Bitcoin (BTC) Price Analysis: Downside Break and Another Leg Lower
Bitcoin broke below the bottom of its symmetrical triangle consolidation pattern to signal that further losses are in the cards. Price is also trading within a descending channel on the 1-hour time frame and is now aiming for support. дальше »
2019-2-6 07:29 | |
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Ripple’s XRP: Price Progressively More Bearish as Week Wraps Up
XRP’s price has been becoming increasingly bearish as the week progresses. Last week, the price of XRP broke bearishly out of a descending triangle which is a typical trend continuation pattern. дальше »
2019-1-18 18:44 | |
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Ripple Price Analysis: XRP Could Dip and Rip Above $0.3900
Ripple price recently gained bullish momentum above the $0. 3650 resistance against the US dollar. There was a break above a key triangle with resistance at $0. 3665 on the hourly chart of the XRP/USD pair (data source from Kraken). дальше »
2019-1-10 08:00 | |
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Bitcoin (BTC) Price Analysis: Bulls Test Triangle Top Again!
Bitcoin has formed lower highs and higher lows to create a symmetrical triangle pattern on its 4-hour time frame. Price recently tested support and has bounced back up to the triangle top, perhaps to attempt another break higher. дальше »
2019-1-7 05:20 | |
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Bitcoin (BTC) Price Analysis: Back to Support, Bulls Overpowered?
Bitcoin is still stuck in its symmetrical triangle consolidation pattern after getting rejected on the test of resistance. Price is nearing the bottom of the triangle around the $3,900 mark and a break lower could signal that bears have gotten the upper hand. дальше »
2019-1-4 05:39 | |
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Bitcoin Price Watch: BTC Could Correct Lower Before Fresh Upside
Key Points Bitcoin price traded above the $3,900 resistance and later corrected lower against the US Dollar. There is a short term contracting triangle formed with support at $3,680 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-12-20 10:00 | |
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Bitcoin Price Watch: Can BTC Buyers Keep The Rally Going?
Key Points Bitcoin price rebounded nicely and broke the $3,380 and $3,460 resistances against the US Dollar. There is a short term contracting triangle formed with support at $3,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-12-18 10:00 | |
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Ripple Price Analysis: XRP/USD Bears Target $0.2800 or Lower
Ripple price is under pressure and declined below $0. 3450 recently against the US Dollar. XRP/USD could continue to move down below $0. 3000 or $0. 2800. Key Talking Points Ripple price recently broke the $0. дальше »
2018-12-6 06:12 | |
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Ripple (XRP) Price Analysis: Still Holding Its Ground!
Ripple is consolidating inside a symmetrical triangle pattern with its higher lows and lower highs. This digital asset has been particularly resilient, despite the sharp declines seen in the crypto market in the past few hours. дальше »
2018-11-20 04:14 | |
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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 | |
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Bitcoin (BTC) Price Analysis: Strong Downside Break, How Low Can It Go?
Bitcoin had formed lower highs and higher lows to consolidate inside a symmetrical triangle on its 4-hour time frame before breaking to the downside. This signals that bears have won over and that further declines are underway. дальше »
2018-11-15 06:24 | |
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Ripple Price Analysis: XRP/USD Uptrend Intact For This Reason
Ripple price rallied this week and broke key resistances at $0. 4750 and $0. 4950 against the US Dollar. XRP/USD remains well bid on the downside around $0. 5000. Key Talking Points Ripple price traded above the $0. дальше »
2018-11-8 06:43 | |
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Ripple Price Analysis: XRP/USD Could Correct Lower To $0.4350
Key Highlights Ripple price failed to stay above the $0. 4600 support and declined recently against the US dollar. There was a break below an ascending triangle pattern with support at $0. 4630 on the hourly chart of the XRP/USD pair (data source from Kraken). дальше »
2018-10-19 10:30 | |
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Bitcoin (BTC) Price Watch: Watch This Triangle for Directional Clues
Bitcoin Price Key Highlights Bitcoin price is still stuck in consolidation, forming higher lows and lower highs inside a symmetrical triangle on the short-term chart. Price is approaching the peak of this formation so a breakout might be due soon, providing longer-term directional clues. дальше »
2018-10-17 06:54 | |
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Ethereum Continues to Mirror Bitcoin
Ethereum has continued to mirror Bitcoin with the recent bullish and bearish movements. Bitcoin broke out of its triangle pattern which it had been forming since January on Thursday. Bitcoin underwent a bearish movement which saw it drop below the lower trendline of the triangle. дальше »
2018-10-15 18:29 | |
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Bitcoin (BTC) Price Analysis: Still Buying on Dips?
Bitcoin has formed lower highs and higher lows on its daily time frame to create a symmetrical triangle consolidation pattern. Price has dropped back down to support, which appears to be defended by bulls buying on dips. дальше »
2018-10-15 07:05 | |
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Bitcoin (BTC) Price Watch: Just a Few Support Zones Left
Bitcoin Price Key Highlights Bitcoin price also broke below the longer-term triangle support and is aiming lower. This follows a short-term triangle consolidation break, signaling that further losses are underway. дальше »
2018-10-12 06:32 | |
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Bitcoin (BTC) Price Watch: Wait for this Short-Term Breakout
Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows on its 1-hour chart to trade inside a symmetrical triangle. Price is currently testing the bottom of the triangle and might be due for a bounce back to the top around $6,700. дальше »
2018-10-10 08:08 | |
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Ethereum (ETH) Price Analysis: Also Edging Higher?
Ethereum was previously trading inside a symmetrical triangle as it formed lower highs and higher lows. Price appears to have broken past the resistance and is starting a new uptrend, which might last by the same height as the triangle. дальше »
2018-10-9 06:07 | |
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Ethereum (ETH) Price Analysis: Waiting for a Consolidation Break
Ethereum has formed lower highs and higher lows to create a symmetrical triangle on its 1-hour chart. The post Ethereum (ETH) Price Analysis: Waiting for a Consolidation Break appeared first on Ethereum World News. дальше »
2018-10-2 04:41 | |
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Bitcoin (BTC) Price Watch: Bullish Breakout Alert!
Bitcoin Price Key Highlights Bitcoin price recently formed lower highs and higher lows to consolidate in a symmetrical triangle. Price appears to have completed an upside breakout, signaling that more gains are underway. дальше »
2018-9-28 07:20 | |
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Bitcoin (BTC) Price Watch: Back to Support Yet Again!
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs to trade inside a triangle pattern on its 4-hour time frame. Price got rejected on a test of resistance once more and a move to support appears to be taking place. дальше »
2018-9-25 07:34 | |
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Ethereum (ETH) Price Watch: Still Waiting for a Triangle Breakout
Ethereum Price Key Highlights Ethereum has formed lower highs and higher lows to create a symmetrical triangle pattern on its 1-hour chart. Price is currently bouncing off support and might be due for another test of the top. дальше »
2018-9-20 07:54 | |
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Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320
Key Points Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-13 11:48 | |
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Bitcoin (BTC) Price Analysis: Waiting for a Triangle Breakout
Bitcoin has formed lower highs and higher lows in the past few days, and the direction of the breakout could set the longer-term trend. The post Bitcoin (BTC) Price Analysis: Waiting for a Triangle Breakout appeared first on Ethereum World News. дальше »
2018-9-11 04:56 | |
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