2021-5-14 22:51 |
Bitcoin remains on slippery ground and the completion of a bearish candlestick pattern signals that further downside is possible for BTC and altcoins. origin »
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Bitcoin (BTC) bounced at the $53,000 support area on May 5, creating a bullish engulfing candlestick in the process. The post BTC, ETH, XRP, TRX, EOS, XVG, SUSHI—Technical Analysis May 6 appeared first on BeInCrypto.
2021-5-6 14:06 | |
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Bitcoin (BTC) increased considerably on May 5, creating a bullish engulfing candlestick in the process. The post Bitcoin (BTC) Signals Bullish Trend with Strong Bounce appeared first on BeInCrypto.
2021-5-6 10:42 | |
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Bitcoin update Last week, BTC completed its second successive bearish candlestick. This led to a low of $46,930 being reached on April 25. The price has recovered slightly since then. Technical indicators are mixed.
2021-4-26 11:14 | |
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Despite the ongoing bounce, there are no clear bullish reversal signs for bitcoin. Therefore, it’s possible that another low will be reached prior to a reversal. Weekly bitcoin price movement Last week, BTC completed its second successive bearish candlestick.
2021-4-26 10:50 | |
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Bitcoin (BTC) update After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week. Technical indicators are showing weakness. The MACD has created a lower momentum bar and the RSI is decreasing, nearly crossing below 70.
2021-4-5 10:19 | |
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Bitcoin is expected to find a short-term bottom soon and resume its upward movement. Weekly BTC Close After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week.
2021-4-5 09:27 | |
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Bitcoin (BTC) Update While BTC has been increasing since March 25, the rally stalled yesterday. After reaching a high of $59,800 on March 31, BTC created a Doji candlestick — a sign of indecision.
2021-4-1 11:46 | |
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The BTC price has increased nearly 15% since March 25. Bitcoin Resumes Bounce BTC has been moving upwards since March 25, when it bounced at the $50,250 support area. On March 29, it created another bullish candlestick, reaching a high of $58,405.
2021-3-30 11:25 | |
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Bitcoin is expected to break out from the current short-term descending parallel channel. A short-term decrease could transpire prior to the breakout. Weekly Outlook for BTC The weekly chart shows that BTC created a hanging man candlestick last week.
2021-3-29 11:01 | |
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Nevertheless, Bitcoin is expected to either bounce upwards or consolidate this week. After that, it’s expected to confirm the direction of the longer-term trend. Weekly Bitcoin Close Two weeks ago, Bitcoin decreased considerably and created a bearish engulfing candlestick.
2021-3-8 12:02 | |
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Bitcoin is expected to eventually be successful in reclaiming this level and continue moving upwards. Bitcoin in Recovery After bouncing on March 1, BTC decreased slightly the next day. It created a small bearish candlestick in what looks like a regular retracement in response to the previous increase.
2021-3-3 11:00 | |
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It’s possible that this is the beginning of an upward move that will carry Bitcoin above the current resistance range of $50,650-$52,450. Bitcoin Bounces at Support On Mar. 1, Bitcoin bounced at the minor $44,600 support area and created a bullish engulfing candlestick, reaching a high of $49,790.
2021-3-2 09:39 | |
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Bitcoin is expected to continue increasing towards the resistance areas outlined below. Bearish Weekly Bitcoin Close Bitcoin decreased from a high of $57,508 to a low of $43,000 last week, creating a bearish engulfing candlestick in the process.
2021-3-1 10:02 | |
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Bitcoin is expected to regain its footing and continue its ascent towards $55,000. Bitcoin Breaks Out Yet Again On Feb. 17, BTC created a bullish belt hold candlestick, reaching a new all-time high price of $52,618.
2021-2-18 11:35 | |
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While Bitcoin is likely in the final portion of the upward move, it could increase all the way to $55,000 before correcting. Bitcoin Breaks Through $50,000 On Feb. 15, BTC created a hanging man candlestick, which can be read as a sign of weakness when coming in an upward trend.
2021-2-17 11:48 | |
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Despite the drop, it is still likely that the Bitcoin trend is bullish and the price will continue higher. Bitcoin Shows Weakness During the week of Feb. 8-15, the BTC price created a bullish candlestick in the weekly time-frame, reaching an all-time high price of $49,707 on Feb.
2021-2-15 11:34 | |
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While the trend has begun to show signs of weakness, it is likely that BTC will complete another upward move before correcting. Bitcoin Daily Movement On Feb. 11, BTC increased slightly, creating a bullish engulfing candlestick in the process.
2021-2-12 12:13 | |
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While the possibility of a short-term drop remains, Bitcoin is expected to continue increasing in the near future. Current Bitcoin Movement After breaking out amid a massive bullish candlestick on Feb.
2021-2-10 11:17 | |
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Bitcoin is likely still correcting and is expected to eventually drop towards $26,000. Weekly Bitcoin Outlook After two consecutive bearish weekly candlesticks, BTC managed to create a neutral Doji candlestick last week, which also had a slightly bullish close.
2021-2-1 11:04 | |
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The direction of the short-term Bitcoin trend is not clear, but a bounce toward the $33,700 area seems like the most likely scenario. Bitcoin Continues Indecision After the rejection on Jan. 25, BTC showed some strength in creating a candlestick with a long lower wick and a slightly bullish close.
2021-1-27 11:39 | |
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Despite a lack of weakness from technical indicators, the wave count suggests that Bitcoin is nearing the top of its move, with a possible target near $39,100. Bitcoin Reaches Another All-Time High BTC created yet another bullish candlestick on Jan.
2021-1-7 11:32 | |
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The rally has begun to show short-term signs of weakness and BTC is expected to soon reach a top. New Bitcoin All-Time High Bitcoin continued its ascent on Dec. 30, creating a bullish candlestick and reaching a high of $28,996.
2020-12-31 10:47 | |
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Despite there being a lack of a bullish structure, Bitcoin has managed to hold on well above support. Bitcoin Weakness Could Lead to Drop BTC followed up a shooting star candlestick from Dec. 27 by creating a small bullish candlestick the next day.
2020-12-29 10:46 | |
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Bitcoin is expected to break out from the current resistance and reach a new all-time high in the process. Possible Bitcoin Breakout On Dec. 25, the BTC price continued its consolidation just below the $23,950 resistance area, creating a bullish candlestick.
2020-12-25 12:45 | |
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BTC is currently consolidating just below $24,000 and is expected to break out once more. Bitcoin Long-Term Movement During the week of Dec 14-21, BTC created a massive bullish candlestick, convincingly breaking through the $19,500 area to reach a high of $24,295.
2020-12-21 11:37 | |
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Bitcoin is expected to continue increasing towards the targets given in this analysis. Bitcoin Creates Long-Term Double Top During the week of Dec 1-7, the BTC price created a small bullish candlestick which briefly took it to a new all-time high of $19,888 on Dec.
2020-12-7 13:38 | |
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The downward move is expected to continue until Bitcoin reaches at least one of the key support levels outlined below. Support Levels For Bitcoin On Nov. 27, BTC created a massive bearish candlestick, dropping from a high of $18,911 to a low of $16,218.
2020-11-27 13:10 | |
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Bitcoin in a Symmetrical Triangle The BTC price has been trading inside a symmetrical triangle since reaching a high of $18,977 on Nov. 21. Today, the price dropped to the support line of the triangle and created a long lower wick and a hammer candlestick, a sign of buying pressure.
2020-11-24 12:24 | |
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After a parabolic increase, the BTC price stalled and created a Spinning Top candlestick on Nov 18. The price has begun to show signs of weakness, but a breakdown is not yet confirmed. Bitcoin Follows Parabolic Support The Bitcoin price has been following a parabolic ascending support line since the beginning of September.
2020-11-20 12:11 | |
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The Bitcoin (BTC) price created a bullish engulfing candlestick on Nov 5, reaching a high of $15,570 to mark a 10% gain for the day. While the price has reached an important resistance area that could act as the top, there are no signs of weakness yet in the trend.
2020-11-6 12:44 | |
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The Bitcoin (BTC) price has continued its ascent by creating yet another bullish candlestick on Nov 4. The movement has invalidated numerous bearish divergences, and the price seems to be targeting a long-term resistance level.
2020-11-5 13:04 | |
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On Oct 22, Bitcoin (BTC) continued its ascent by creating a massive bullish engulfing candlestick and breaking out above the $12,050 resistance area. While short-term retracements could occur, it is likely that Bitcoin’s trend is still bullish.
2020-10-23 11:42 | |
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On Oct 20, Bitcoin (BTC) created a bullish engulfing candlestick and proceeded to move above an important resistance area. A daily close above the $12,050 area would be a significant bullish sign, while a weekly close above the current level would be an even more considerable signal for continuation to new 2020 highs.
2020-10-21 11:43 | |
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On Sept. 24, the Bitcoin (BTC) price created its first higher low since the Sept. 4 drop with a bullish engulfing candlestick. It is possible that this was the beginning of a new upward movement for BTC.
2020-9-25 16:48 | |
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On Sept 8, Bitcoin (BTC) created a bullish reversal candlestick inside a long-term support area. It is not yet clear whether the price has completed its correction or if there is one more wave down before the price reverses its bearish trend.
2020-9-8 11:40 | |
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On Sept 2, the Bitcoin (BTC) price created a bearish engulfing candlestick and decreased considerably, falling back to the $11,200 support area. While the area is likely to initiate a bounce, BTC could fall towards $10,800 afterward.
2020-9-3 13:35 | |
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The Bitcoin (BTC) price is approaching a decisive daily and weekly close, which will be essential in determining the direction of the next move. Bitcoin’s Candlestick Outlook On Aug. 25, the bitcoin price created a bearish engulfing candlestick that took the price to a low of $11,112.
2020-8-30 16:16 | |
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During the week of Aug 17-24, the Bitcoin (BTC) price created a shooting star candlestick inside a long-term resistance area. This is a sign that the bullish trend might have come to an end. Bitcoin Weekly Outlook Bitcoin has been increasing at an accelerated rate since the week of July 20, creating four consecutive bullish […] The post Bitcoin Shooting Star Could Put an End to the Uptrend appeared first on BeInCrypto.
2020-8-24 12:28 | |
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On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. The higher prices could not be sustained, and BTC fell back below its breakout level the next day.
2020-8-19 13:11 | |
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On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. While the breakout looks legitimate, it is not yet clear if there is enough buying power for BTC to continue making higher-highs.
2020-8-18 12:50 | |
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The Bitcoin (BTC) price decreased considerably on August 2, creating a very significant bearish engulfing candlestick. The price has been increasing since, but the move is more akin to a retracement as a result of the decrease rather than the beginning of a new upward trend.
2020-8-4 12:48 | |
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The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy.
2020-8-3 12:18 | |
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On July 27, the Bitcoin (BTC) price reached a high of $11,394 after a massive rally. However, the upward move has stalled and the price has been gradually decreasing since. On July 27, the Bitcoin price created a bullish engulfing candlestick, causing the price to reach a high of $11,394, breaking out from the previous […] The post Bitcoin Stalls After Steep Upward Move appeared first on BeInCrypto.
2020-7-29 13:30 | |
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On July 23, the Bitcoin (BTC) price continued its upward move that began with a breakout on July 21. The strength of the upward move looks intact, even as a short-term retracement is developing. Bitcoin Meets Resistance Yesterday, the Bitcoin price created another bullish candlestick that had wicks on both sides.
2020-7-24 11:15 | |
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On July 22, the Bitcoin (BTC) price continued its breakout from the previous day, creating another bullish candlestick with significant size. It looks like BTC has begun a new upward trend that may eventually lead the price to make another attempt at breaking out above $10,000.
2020-7-23 12:08 | |
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On July 21, the Bitcoin (BTC) price created a bullish engulfing candlestick, breaking out above an important resistance area and moving average (MA) that had previously been hindering Bitcoin’s advances.
2020-7-23 14:38 | |
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On July 9, the Bitcoin (BTC) price created a bearish engulfing candlestick and fell back inside the descending channel it had just broken out from. This is a sign that the breakout was not legitimate and the price is likely to head lower.
2020-7-10 12:55 | |
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The Bitcoin (BTC) price increased considerably on July 6, creating a bullish engulfing candlestick with considerable volume. This caused the price to move all the way to an important resistance area, a breakout above which would be a major bullish development.
2020-7-7 12:03 | |
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The Bitcoin (BTC) price created its fourth successive bearish weekly candlestick during the week of June 29-July 6. However, on July 6, the price began a short-term upward move that is still ongoing.
2020-7-6 12:15 | |
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