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Bitcoin’s BARR Pattern provides bullish confirmation; BTC price might hit $6,100 soon

The speculated BARR Pattern has evolved since its first sighting (on April 15), which provided a possible confirmation of the formation of the pattern.  BARR pattern, as the name suggests, takes place in three phases: the first phase is when the price leads-in and the second is when the price bumps, finally followed by a run. дальше »

2019-5-6 05:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Analysis: BTC Price is Consolidating in Preparation for Higher Ground

Resistance levels: $6,439, $6,609, $6,744 Support levels: $6,286, $6,145, $6,028 BTC/USD Medium-term Trend: Ranging On October 18, the cryptocurrency made an attempt to rally to the north by the formation of a bullish engulfing bar but the bears rejected the bullish movement by the formation of bearish inside bar that returned the BTC price below […] The post Analysis: BTC Price is Consolidating in Preparation for Higher Ground appeared first on ZyCrypto. дальше »

2018-10-25 18:16