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Analyzing Bitcoin’s Symmetrical Triangle Trading Range
Bitcoin (BTC) looks to be approaching the end of its consolidation inside a symmetrical triangle pattern. A breakout or rejection from this level will be crucial in determining the future trend. Bitcoin Inside Symmetrical Triangle The Bitcoin price has been trading inside a symmetrical triangle since reaching a local low of $9,825 on Sept 8. дальше »
2020-10-7 13:37 | |
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Fantom (FTM) Continuation Pattern Could Foretell a Major Breakout
The Fantom (FTM) price is trading inside a short-term symmetrical triangle, from which a breakout is expected. In a 173-day period measuring from March 13 to Sept 12, the FTM price increased by 3,376%, culminating with a high of $0. дальше »
2020-9-29 15:26 | |
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Bitcoin is Eerily Copying Gold Trends; Analyst Fears Breakdown
Bitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest breakdown move, wherein the price broke out of a Symmetrical Triangle pattern to the downside. дальше »
2020-9-23 11:08 | |
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Stellar (XLM) Breaks Free from Range, Reclaims 1,000 Satoshi Level
The Stellar (XLM) price has broken out from a long-term symmetrical triangle, potentially signaling that it has begun a bullish trend. The XLM price has been in a downward spiral since November 2018, having lost about 90% of its value in the year that followed. дальше »
2020-7-23 15:15 | |
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ZEC Breaks Out From Long-Term Trading Pattern
The Zcash (ZEC) price has broken out from a long-term symmetrical triangle and is moving towards its next closest resistance area. However, the price is showing short-term signs of weakness, indicating that the first breakout attempt might be unsuccessful. дальше »
2020-7-15 09:35 | |
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Will VET Successfully Break Out Above Resistance?
Vechain (VET) is trading inside an important resistance area. Whether it will break out above or get rejected will likely determine the direction of the future trend. Current Breakout On July 2, the VET price broke out from a symmetrical triangle that had been in place since June 12. дальше »
2020-7-4 21:00 | |
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A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level
The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto. дальше »
2020-6-18 14:35 | |
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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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Is Ethereum Bullish or Bearish?
Ethereum is reaching the end of a symmetrical triangle, the breakout/down from which will likely determine the direction of the future trend. A symmetrical triangle was outlined by cryptocurrency news account @Cryptobuzznews, which tweeted an Ethereum chart that shows the price trading inside a symmetrical triangle, nearing its projected end. дальше »
2020-5-28 00:48 | |
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Will Bitcoin Begin Yet Another Upward Move?
The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours will be crucial in determining the correct pattern. The Bitcoin price is trading just below a major resistance area found at $9,150. дальше »
2020-5-6 13:10 | |
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Is Bitcoin Trading Inside a Bullish Or Bearish Triangle?
The Bitcoin price is currently trading at the resistance line of either a descending or symmetrical triangle. The next low will help determine the correct pattern. This resistance, found at $9,150, is both a previous support level turned to resistance and an important Fibonacci level. дальше »
2020-5-5 11:10 | |
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Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner?
On April 1, the Bitcoin price initiated an upward move that caused it to break out above its descending resistance line and with it the symmetrical triangle it had been trading in since March 20. Bitcoin Price Breakout Last night, the Bitcoin price broke out from the possible symmetrical triangle it has been trading in […] The post Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner? appeared first on BeInCrypto. дальше »
2020-4-2 12:53 | |
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Bitcoin Risks Tanking to 13-Month Low Even as Top Analysts Remain Bullish
Bitcoin prices remain vulnerable to more dives even as top analysts print a rosy picture for the cryptocurrency. The bitcoin-to-dollar exchange rate appears trapped inside a technical range, dubbed as Symmetrical Triangle, since March 12. дальше »
2020-3-19 15:22 | |
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How Bitcoin Dominance Could Be Affected by a ‘Death Cross’ and the Upcoming Halving
The Bitcoin dominance rate has been decreasing since Jan 8, reaching a low on Feb 15. Since then is has begun another upward move, recouping almost 50% of its previous losses. Bitcoin Dominance Rate Highlights The price is either trading inside a descending or symmetrical triangle. дальше »
2020-3-7 23:18 | |
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Bitcoin Dominance Rate’s Sharp Decrease Suggests Altseason Has Begun
The Bitcoin dominance rate was rejected strongly at the 72 percent level and has been decreasing since, causing a breakdown from its pattern. Bitcoin Dominance Highlights The Bitcoin dominance rate broke down from a symmetrical triangle. дальше »
2020-2-6 20:30 | |
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Litecoin Aims To Continue Its Upward Climb
The Litecoin price has been sinking since Jan 17. It is trading inside a symmetrical triangle, of which it looks close to breaking out to the upside. Litecoin Highlights The Litecoin price is trading inside a symmetrical triangle. дальше »
2020-1-31 20:10 | |
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MATIC Approaches Significant Resistance – Does a Breakout Await?
The MATIC price is rapidly approaching the end of the symmetrical triangle it has been trading in since December 11. Both a breakout and a breakdown remain possible. The use of a stop loss is highly recommended. дальше »
2020-1-29 08:22 | |
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Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020
The Tezos (XTZ) price has been decreasing since reaching a peak of 25,520 satoshis on Dec 17 but could see a significant turnaround in the neighborhood of 12,000 satoshis. On Jan 8, BeInCrypto published an article outlining the top-five cryptocurrency projects to keep an eye on in 2020: QNT OCEAN XTZ DAG FCT Here Are the Five […] The post Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020 appeared first on BeInCrypto. дальше »
2020-1-10 18:07 | |
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The Waves Price Could Reach 15,500 Satoshis [Premium Analysis]
The Waves price is trading inside a symmetrical triangle, a breakout from which could take it to 15,500 satoshis. On December 10, the Waves price made a bottom of 7185 satoshis. It began an upward move and doubled its value until December 17. дальше »
2019-12-30 11:18 | |
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Bitcoin Analysis for 2019-12-10 [Premium]
The Bitcoin price broke down from the short-term ascending triangle. It is still trading inside a longer-term symmetrical triangle. Higher time-frames are giving a bearish outlook, suggesting that the price will continue to decrease throughout the month. дальше »
2019-12-11 17:15 | |
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Bitcoin Price Analysis: $12.4K in Sight as Bullish Pennant Forms
Bitcoin sentiment is still very much bullish as price levels increase $2,000 since the beginning of August. On the charts we can now see a bullish pennant has formed which could be foreshadowing an imminent breakout to the next resistance above at $12,400. дальше »
2019-8-9 18:48 | |
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Litecoin Price Analysis: LTC Tightens Up as Halving Approaches
As the Litecoin halving event approaches traders are keeping a close eye on the altcoin’s price action within a narrowing symmetrical triangle. Litecoin-USD 4-HR Chart Since dropping from its rising channel on June 26th Litecoin has mirrored Bitcoin’s volatility and is currently consolidating on the 4-hour and daily time frame. дальше »
2019-7-7 20:46 | |
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Bitcoin To Top At $9,800, Correct By Upwards of 30% From There: Analysts
Bitcoin Still Has Room To Run Bitcoin (BTC) has finally broken out of an ascending triangle/symmetrical triangle pattern it has been stuck in for two weeks now. With this rally, BTC has tapped $8,900 and. дальше »
2019-5-28 05:00 | |
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Ethereum Price Analysis: ETH Loses Daily Uptrend as Big Move Imminent
Ethereum price (ETH) is moving but does it have enough ‘umph’ to overcome the $250 resistance? Ethereum Price Analysis: Market Overview In mid-May Ethereum mirrored Bitcoin’s parabolic move and similar to Bitcoin, ETH currently trades within a narrowing symmetrical triangle. дальше »
2019-5-24 10:00 | |
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Crypto Analyst: Bitcoin Price Forming Symmetrical Triangle, 60% Chance of Continuation
All eyes are currently on Bitcoin price, as the leading crypto by market cap has taken a pause in its parabolic advance, and the market watches and waits to see which direction the value of the asset goes in next. дальше »
2019-5-23 23:00 | |
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Bitcoin (BTC), Ethereum (ETH) and Bitcoin SV (BSV) Price Analysis and Forecast
Bitcoin (BTC-USD) A downtrend is encountered in the last 24hrs which is confirmed by a symmetrical triangle pattern. The continuous appearance of a bearish regular divergence pattern is observed thus triggered a strong selling pressure from investors. дальше »
2019-5-24 22:34 | |
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Litecoin (LTC) Price Forecast 2019 – LTC Is Fueling The Rocket Ahead of August Halving (Early May Update)
Early May Update: Technicals On the daily LTCUSD chart, LTC is currently hovering around the bullish trendline that acts as a support zone. Additionally, it has exited the symmetrical triangle it formed and that should indicate a continuation of the long-term bullish trend. дальше »
2019-5-7 14:04 | |
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Eos (EOS) Price Prediction 2019 – Approaching a Strong Support Zone (Early May Update)
Early May Update: Technicals EOS daily chart is still looking vapid – EOS breached the first support at 90k and it is heading down to the next one, a very strong zone at around 82k satoshis. дальше »
2019-5-6 02:02 | |
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Litecoin (LTC) Price Forecast 2019 – LTC is Slowly Tapering Off (Late April Update)
Late April Update: Technicals On the daily LTCUSD chart, LTC is currently touching the bullish trendline that acts as a support zone. Additionally, it has formed a symmetrical triangle which would indicate a continuation of the long-term bullish trend. дальше »
2019-4-30 18:01 | |
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IOTA Price Prediction: Did the Price Just Break Out From the Symmetrical Triangle?
Long-Term Outlook A look at the Weekly chart for IOTA shows that the price is trading slightly above $0. 3 facing very close resistance from the 20-period moving average. It is also trading below the 40-period MA. дальше »
2019-3-22 18:04 | |
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Bitcoin (BTC) Price Analysis: Another Upside Breakout Attempt
Bitcoin is back to testing the top of the symmetrical triangle visible on the 4-hour chart, perhaps making another attempt to break higher and sustain an uptrend. A strong close above the $4,100 to $4,200. дальше »
2019-3-18 07:14 | |
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XRP Price Prediction: Did XRP Finally Break Out of The Symmetrical Triangle?
Long-Term Outlook A look at the Weekly chart for XRP shows that the price is trading at $0. 32, facing very close resistance from the 21-period Moving Average. It is trading slightly above the $0. дальше »
2019-3-16 19:43 | |
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Bitcoin (BTC) Price Analysis: Volatility Jumps But Still Directionless
Bitcoin spiked strongly in both directions over the past few hours as volatility ticked higher but failed to put price in a clear course. It is still trading within the symmetrical triangle consolidation previously highlighted. дальше »
2019-3-15 06:52 | |
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TRON Price Prediction: TRX Is Nearing the End of the Symmetrical Triangle
Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0. дальше »
2019-3-12 16:39 | |
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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 (BTC) Price Watch: Bullish Break Above $4,000 Looming
Bitcoin price is currently consolidating above the $3,820 and $3,840 supports against the US Dollar. The price placed in a positive zone, with a bullish angle towards the $4,000 resistance. There is a symmetrical triangle pattern formed with resistance at $3,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-3-8 09:30 | |
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XRP Price Prediction: Will We Finally Break Out of the Symmetrical Triangle?
Long-Term Outlook A look at the Weekly chart for XRP shows that the price is trading at $0. 32, slightly above the support line near $0. 3. The next support area can be found near $0. 15, while the closest resistance area is found near $0. дальше »
2019-3-7 15:50 | |
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Tron [TRX] Price Prediction: The End of the Symmetrical Triangle Is Near, When Will the Breakout Occur?
Long-Term Outlook A look at the Weekly chart for XLM shows that the price is currently trading at $0. 024, between the 21 and 50-period moving averages. It has found support above the 21-period MA. дальше »
2019-3-6 13:19 | |
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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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Dogecoin Price Analysis: DOGE Is Trading Inside a Symmetrical Triangle, When Will the Breakout Occur?
Long-Term Outlook A look at the Weekly chart for Dogecoin shows that price is trading inside the major support area near $0. 0019 formed by previous lows and has found support right above the 200-period MA. дальше »
2019-3-4 19:59 | |
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XRP Price Prediction: XRP Is Trading Inside a Symmetrical Triangle, When Will the Breakdown/Out Occur?
Long-Term Outlook A look at the Weekly chart for XRP shows that price is trading at $0. 32, slightly above the major support area near $0. 27. The previous week’s candle had a large upper wick, indicating that sellers have the upper hand. дальше »
2019-3-3 21:19 | |
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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 (BTC) Price Analysis: Can the Climb Resume From Here?
Bitcoin price seems to have completed its retest of the broken symmetrical triangle resistance and might be due to resume its climb from here. Applying the Fib extension tool on this correction shows that the. дальше »
2019-2-27 06:44 | |
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