Bitcoin is range-bound: Next struggle will be the 200-DMA at $8,000

2020-4-21 18:00

After struggling for more than a week, Bitcoin has managed to breach the 50-day moving average [yellow] and stay above it. In doing so, the price has lost momentum and was range-bound at press time.

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bitcoin range-bound above average stay yellow press

Источник: ambcrypto.com

bitcoin range-bound → Результатов: 109


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


Bitcoin Cash SV (BCHSV) Daily Price Forecast – November 29

  BCHSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $30, $20, $10 BCHSV is in a range-bound market in its medium-term outlook. $74.26 in the demand area was the low the bearish pressure could drop the cryptocurrency before rejection by the 50-EMA which acted as strong support for the bulls come back. […]

2018-11-29 12:48


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).

2018-10-20 01:31


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