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Bitcoin Rising Wedge Pattern May Bring Trouble for Bulls; Drop Expected
Bitcoin failed to shoot past $50,000 on Sunday despite a growing bullish sentiment towards the said upside target. дальше »
2021-2-15 12:25 | |
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Bitcoin Eyes $41,000-Retest as Two Indicators Confirms Bull Run
Bitcoin bulls should brace for a wild upside run towards $41,000. According to Scott Melker, crypto trader and host of WOAS Podcast, the cryptocurrency’s sharp rebound from $32,000 to above $38,000 confirmed two textbook bullish reversal indicators: Double Bottom and Falling Wedge. дальше »
2021-1-29 16:02 | |
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Bitcoin Broadening Wedge Formation Indicates Crash Below $30,000
Bitcoin prices fell on Monday, after plunging by more than 12 percent in the previous session, as the US dollar rebounded and US benchmark yields inched higher. дальше »
2021-1-11 11:01 | |
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SushiSwap Analysis: Rising Wedge on 4H Keeps SUSHI Bulls Uncertain
SushiSwap’s native token SUSHI lost its higher bids entering the new weekly session Monday as its price fell 4. 47 percent. As of 1236 GMT, the SUSHI/USD exchange rate was $2. 2813, having bounced off its intraday low of $2. дальше »
2020-12-14 16:24 | |
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Stellar Lumens, Waves, Dash Price Analysis: 14 December
Bitcoin's ascent past $19,000 lent some strength to the altcoin market as Stellar Lumens broke out of a falling wedge and headed towards $0.2 over the next few days. On the contrary, Waves was held baThe post Stellar Lumens, Waves, Dash Price Analysis: 14 December appeared first on AMBCrypto. дальше »
2020-12-14 11:00 | |
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DOGE Maintains Bullish Structure After Sharp Drop
Despite the sharp drop, it has maintained its bullish structure and is likely to soon begin an upward move. Doge Breakout From Wedge On Nov. 5, the DOGE price broke out from a descending wedge and proceeded to rally over the next three weeks, reaching a high of $0. дальше »
2020-12-8 21:30 | |
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Bitcoin to Hit $22,000 If This Bearish Reversal Theory Plays Out
The cost to purchase one Bitcoin token can go up to $22,000 in the fourth quarter. That is possible if a textbook technical indicator plays out as it typically does. Dubbed as “Rising Wedge,” the pattern holds the history of reversing uptrends 63 percent of all times. дальше »
2020-12-8 17:17 | |
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The Curious Case of a Conflicted Bitcoin Bearish Wedge
Bitcoin is stuck below $20,000. The flagship cryptocurrency has attempted to break above the psychological resistance level multiple times in the last two weeks. дальше »
2020-12-4 10:57 | |
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Despite Drop, XRP’s Bullish Outlook Remains Intact
Long-Term Movement The XRP price has been increasing since it initially broke out from a long-term descending wedge in Jul 2020. However, the price consolidated before the rate of increase intensified during the second week of Nov. дальше »
2020-11-27 22:00 | |
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Ethereum Drops Below Crucial Technical Pattern and Must Hold $430
Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern. дальше »
2020-11-16 02:18 | |
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Basic Attention Token (BAT) Descending Wedge Could Be Bulls’ Last Hope
The Basic Attention Token (BAT) price has broken down from a horizontal support level but is trading inside a bullish reversal pattern. Whether the price breaks out or down from this pattern will be crucial in determining its future trend. дальше »
2020-10-30 13:01 | |
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Two Altcoins That Have Flipped Important Resistance Levels
The Tellor (TRB) price has broken out above an important resistance level at $27, paving the way for a rally that could take it all the way to $47. The Compound (COMP) price has broken out from a descending wedge and reclaimed the $102 support area. дальше »
2020-10-28 21:30 | |
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BAT Targets $0.30 After Wedge Breakout
The Basic Attention Token (BAT) price has possibly completed a bearish impulse pattern with a breakout from the descending wedge it had been trading in for the past month. If true, the price is expected to continue moving upwards in either an upwards correction or a new bullish impulse. дальше »
2020-10-23 09:37 | |
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ICX Finally Breaks Out From a Nearly Two Month Long Pattern
The Icon (ICX) price has broken out from a bullish pattern that had been in place since the yearly high reached on Aug 22. The price should move upwards towards the levels outlined below. Wedge Breakout The ICX price reached a high of $0. дальше »
2020-10-23 18:21 | |
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Bitcoin’s Failed Breakout Leads to Re-Test of Support
On Oct. 15, the Bitcoin (BTC) price broke out from its short-term descending wedge, but failed to sustain its higher prices. An upward move towards the targets given below is still the most likely scenario. дальше »
2020-10-16 13:14 | |
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ICON (ICX) Targeting Closest Resistance After Breakout From Current Pattern
ICON (ICX) has broken out from a descending wedge and is expected to move towards the closest resistance area. The ICX price has been increasing since December 2019. The increase has transpired through two main upward moves, the second of which caused a breakout above the $0. дальше »
2020-10-15 06:17 | |
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Will COTI Break Out From Its Descending Wedge?
The COTI price has fallen below a crucial long-term support level, but is trading inside a bullish pattern and has shown several bullish reversal signs. A breakout from the current pattern would likely indicate that the price has reversed its trend and has begun an upward move. дальше »
2020-10-8 11:42 | |
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LINK Breaks Out, Creates Higher Low – Where to Next?
The Chainlink (LINK) price has broken out from a descending wedge and created a higher low. While the price is expected to continue moving upwards towards $11, the reaction to the level will be crucial in determining the longer-term trend. дальше »
2020-10-5 17:19 | |
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Top Binance Trader Optimistic About Ethereum Due to 2 Technical Trends
Ethereum is primed to move even higher according to a top trader on Binance. He cites two technical trends: a falling wedge and ETH’s ability to maintain the low-$300s and high-$200s. Ethereum Poised to Surge To Fresh High: Leading Binance Trader Ethereum has undergone a strong retracement since its year-to-date highs near $490. дальше »
2020-10-4 02:31 | |
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Cardano short-term Price Analysis: 30 September
Cardano saw a good surge as the price broke out of the falling wedge. The price surged approximately 26% over the course of 48 hours. Since then, ADA has dropped 10% and in doing so formed another bulThe post Cardano short-term Price Analysis: 30 September appeared first on AMBCrypto. дальше »
2020-9-30 17:30 | |
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XRP Flashes Buy Signal At Bottom Of Potential Falling Wedge Pattern, Breakout Imminent
From the August monthly open to the high, XRP recorded nearly 25% gains on the month. Unfortunately for Ripple investors hoping for a new bull run, the altcoin was only able to hold onto just 1% of that as of the time of this writing. дальше »
2020-8-28 23:00 | |
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Here’s Why Bitcoin is Just Getting Started, Fundamentals Are On BTC’s Side
After over a month of relatively flat price action, bitcoin is stirring this week. The leading digital asset has crossed above $9,500, lightly breaking the upper barrier of the wedge. “As a matter of perspective, it can probably be seen that this entire period was actually a consolidation, in which bitcoin fell at the same […] дальше »
2020-7-24 21:43 | |
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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend
It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »
2020-7-18 23:00 | |
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Litecoin Might Have Begun an Upward Trend
On June 25, the Litecoin (LTC) price broke out from a descending wedge. After retracing for a week, the price began an upward movement that is still ongoing. The Litecoin price had been trading inside a descending wedge since June 1. дальше »
2020-7-9 19:05 | |
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Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance
The Bitcoin (BTC) price has been decreasing since it reached a high of $9,379 on July 7. Today, it broke out from a descending wedge, but could not sustain the higher prices. Bitcoin Short-Term Breakout The hourly chart for BC reveals that the price has been decreasing since a high of $9,379 reached on July […] The post Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance appeared first on BeInCrypto. дальше »
2020-7-8 11:55 | |
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Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020
Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending downwards in a Falling Wedge pattern since June 2020. дальше »
2020-6-29 11:07 | |
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Bitcoin’s Breakout Has the Price Aiming for $10,000
On June 22, the Bitcoin price created a bullish engulfing candlestick and broke out from a descending wedge that had been in place since the beginning of June. The price reached a high of $9,780 before decreasing slightly to $9,600 where it was trading at the time of press. дальше »
2020-6-23 12:05 | |
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These Two Altcoins Are Showing Strong Reversal Signs
After showing strong signs of a long-term reversal, the LOOM price has broken out from a major resistance. This could be the first step of a more significant move upwards. RLC has already broken out from a long-term descending wedge and has begun to move upwards. дальше »
2020-6-19 17:46 | |
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Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility
Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge. дальше »
2020-6-17 11:08 | |
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Determining Bitcoin’s Current Pattern
The Bitcoin price has been decreasing since June 1. While the price is trading inside a descending wedge, which is considered a bullish pattern, the long-term trend cannot be considered bullish unless the price breaks out above $10,000. дальше »
2020-6-17 08:18 | |
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Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500
It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020. The major northward move had appeared out of a Falling Wedge breakout. Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500. The cryptocurrency is still eyeing... дальше »
2020-6-1 16:00 | |
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15 | |
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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22 | |
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Bitcoin Tests Triple-Top Looking for a Breakout
The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »
2020-5-19 12:20 | |
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After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal
The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing. Pal, who […] дальше »
2020-5-9 15:34 | |
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Crucial Bearish Factor That Haunted Bitcoin Since $5ks Was Just Invalidated
A reoccurring theme in many Bitcoin analyses over the past few weeks has been mentions of a “rising wedge. ” For those unaware, a rising wedge is a common chart pattern marked by a strong uptrend. дальше »
2020-5-1 14:00 | |
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Will Ethereum Be Successful in Topping $200?
The Ethereum price has been increasing since reaching a low of $89. 80 on March 13. On April 25, the price moved above the midpoint of the entire trading range since Feb 15. The upward after the March 13 bottom has taken the form of an ascending wedge. дальше »
2020-4-28 16:10 | |
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Will Bitcoin’s April 2019 Fractal Take It to $16,000?
Throughout April and May 2019, the Bitcoin (BTC) price has traded inside an ascending wedge. Even though this is considered a bearish reversal pattern, the price broke out and increased by more than 100 percent afterward. дальше »
2020-4-27 18:10 | |
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Veteran Trader Suggests Stocks Will Follow 1929 Crash
Peter Brandt, a popular financial analyst, suggests that the stock market is forming a rising wedge and could soon collapse. If you’ve been in the cryptocurrency space for some time, you’ve probably already heard of Peter Brandt. дальше »
2020-4-27 20:15 | |
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Litecoin could witness another fall as rising wedge takes shape
Troubled times for the seventh-largest cryptocurrency, Litecoin, is not over as the coin appeared to be far from a bullish flip. It was trading at $40.98, at the time of writing. The silver crypto is The post Litecoin could witness another fall as rising wedge takes shape appeared first on AMBCrypto. дальше »
2020-4-23 20:00 | |
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Chainlink Vs. Tezos — Which has Higher Growth Potential?
On April 7, the LINK price broke out from the descending wedge it had been trading in for three weeks prior, and has increased by almost 50% since. During the same day, XTZ also broke out from an ascending wedge but has only increased by 18%. дальше »
2020-4-13 20:11 | |
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Bitcoin Teeters on Long-Term Support, Bulls Running out of Time
The Bitcoin price has been increasing inside an ascending wedge since reaching a low on March 13. The rate of increase intensified on March 30, and it has been increasing without experiencing any major retracement since. дальше »
2020-4-10 16:10 | |
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