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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower
As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »
2020-7-4 02:00 | |
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Bitcoin Flashes Same “Consolidation” Fractal That Sent Its Price to $20K
Bitcoin price is trending inside a lengthy consolidation pattern after rallying by up to 170 percent in the second quarter. As calls for a breakdown move grow, independent market analysis firm TradingShot has released a bullish outlook for the cryptocurrency. дальше »
2020-7-3 11:58 | |
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Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern
Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago. This breakdown has come about following a recent rejection posted by the crypto at $9,300, which appears to have become a resistance level. дальше »
2020-7-3 20:23 | |
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Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why
Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target. дальше »
2020-7-2 12:02 | |
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This Altcoin Could Increase By 60% in July
The TROY (TROY) price has created a bullish reversal pattern inside a support area, indicating that it is likely to move upwards towards the current range high. Cryptocurrency trader @TheEuroSniper outlined a TROY chart, in which a short-term range between 30-47 satoshis is outlined. дальше »
2020-7-1 08:45 | |
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Ethereum is “Hinting Danger” as Potential Distribution Pattern Emerges
Ethereum has continued consolidating alongside Bitcoin and the aggregated cryptocurrency market The crypto is flashing some signs of weakness due to its recent break below its over-month-long trading range between $230 and $250. дальше »
2020-7-1 23:00 | |
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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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The Signal That Marked Bitcoin’s 2019 and 2020 Highs Has Yet to Flash
There are many analysts saying that Bitcoin looks like it’s at a medium-term high. As reported by NewsBTC previously, a trader said that the cryptocurrency is trading in a textbook “distribution” pattern. дальше »
2020-6-29 01:00 | |
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A Chilling Bitcoin “Death Cross” Reappears With a Gloomy Stocks Correction
Bitcoin has formed a “Death Cross” pattern on its daily chart as price slips ahead of the New York opening bell. The cryptocurrency’s 50-day simple moving average today closed above its 20-day exponential moving average. дальше »
2020-6-25 16:00 | |
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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern
Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »
2020-6-17 02:00 | |
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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600
Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »
2020-6-16 21:00 | |
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Bitcoin Fractal Mimicking Last Year’s Rally Points To $15K BTC By August
An oddly similar fractal mimicking Bitcoin’s price action during last year’s parabolic advance has started to form after the latest dip below $9,000. If the first-ever cryptocurrency continues to follow the same pattern, the asset could target as high as $15K before August 2020 is over. дальше »
2020-6-15 18:02 | |
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Analyst Targets $8,100 as Bitcoin Dives Below Cruicial Support Level
Bitcoin is on the verge of invalidating a critical bullish technical pattern. The analogy surfaced after the cryptocurrency broke below the pattern’s support level. A prominent analyst sees the latest downside move to extend itself towards Bitcoin’s 200-day moving average. дальше »
2020-6-15 08:01 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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70% Chance Bitcoin Reclaims $11.8K by July 2020; Here’s Why
Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which has a 70 percent success rate in sending prices higher. дальше »
2020-6-12 14:00 | |
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Bitcoin Fractal That Crashed Price in March 2020 Could Appear Again
Bitcoin is looking to repeat a bearish pattern in June 2020, which has led its spot price to be lower by 60 percent. The cryptocurrency’s daily chart could form a “Death Cross” if it continues to struggle below $10,000. дальше »
2020-6-11 14:02 | |
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Will DOGE Be the Next Coin to Break Out?
The DOGE/USD price has bounced on the support line of a bullish pattern and seems poised to break out. On the other hand, the DOGE/BTC pair is stuck in a consolidation pattern. Well-known cryptocurrency trader @Mesawine1 notes that the Dogecoin (DOGE) price is trading inside a rising channel and will soon break out. дальше »
2020-6-10 23:00 | |
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Can Ethereum finally make it above $260?
The second-largest cryptocurrency, Ethereum has been pushing for higher gains. The accumulation pattern has been strong throughout the month which indicated that investors were anticipating a price suThe post Can Ethereum finally make it above $260? appeared first on AMBCrypto. дальше »
2020-6-7 21:00 | |
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XRP Is Primed to Break Dozens of Percent Lower as Textbook Bearish Pattern Forms
It’s been a tough month for holders of the XRP cryptocurrency. In the past 30 days, Bitcoin has rallied 5%, Ethereum has surged 20%, and a majority of cryptocurrencies have registered gains somewhere in between the two. дальше »
2020-6-6 07:00 | |
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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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This Eerily Accurate Fractal Predicts Bitcoin Will Rocket to $20,000 in 2020
While Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation. After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this range. Though a popular... дальше »
2020-5-30 03:00 | |
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Failed H&S Pattern Puts This Cryptocurrency En Route to Record Levels
XTZ, the native cryptocurrency of the Tezos blockchain platform, recently defeated a long-standing Head & Shoulder pattern. If successful, the bearish technical indicator could have crashed XTZ to as low as 523 sats. дальше »
2020-5-28 16:00 | |
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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside
XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »
2020-5-22 23:00 | |
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Bitcoin Prepares to Rally to $12,000 as Price Forms Historically Bullish Pattern
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days. The tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key $9,500... дальше »
2020-5-17 10:08 | |
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Bitcoin Just Established a Foothold Above $9,000: Here’s What May Come Next
In the three days after Bitcoin plunged 15% in an hour from $9,700 to $8,100, the cryptocurrency was stuck in a holding pattern, trading between $8,100 and $8,800. But just today, BTC finally broke out, passing the key psychological resistance of $9,000 as buyers entered the market. дальше »
2020-5-14 02:29 | |
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This Technical Pattern Signals Bitcoin Could Soon See an Explosive 160% Rally
Bitcoin has entered what appears to be consolidation phase as it struggles to firmly surmount the $9,000 region The cryptocurrency is flashing some hints of bullishness as it attempts to gain a foothold within this region, although bulls need to garner greater buying pressure to make this happen One factor that could bolster Bitcoin and send it screaming back up towards its all-time highs is an extremely bullish technical pattern that just emerged Bitcoin has […] дальше »
2020-5-12 21:00 | |
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Bitcoin Will Paint a Super Bullish Golden Cross Right After Halving
Bitcoin could form a Golden Cross pattern in the third or fourth week of May. The bullish signal will surface immediately after the cryptocurrency’s mining reward halving. The converging indicators could result in a massive upside shift. дальше »
2020-5-7 13:56 | |
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After BTC’s Best Day In Months, Bitcoin is Blowing Up on Chinese Twitter
April 29th was undoubtedly one of Bitcoin’s biggest days in months. On this day, the cryptocurrency finally broke from its consolidation pattern under the $7,800 resistance in a strong fashion, reaching $9,000 at the trading session’s highs — more than 15% higher where it had started. дальше »
2020-5-1 15:00 | |
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Analyst: Downside may be imminent for Chainlink and Tezos, April’s top crypto trades
Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. During that time, two altcoins managed to break the mold, rallying as the rest of the cryptocurrency market stagnated: Tezos (XTZ) and Chainlink (LINK), the […] The post Analyst: Downside may be imminent for Chainlink and Tezos, April’s top crypto trades appeared first on CryptoSlate. дальше »
2020-4-29 04:30 | |
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Quantum Entanglement: Mysterious Blockchain Project From Darknet, Which Is About To Change The World Pattern
Coinspeaker Quantum Entanglement: Mysterious Blockchain Project From Darknet, Which Is About To Change The World PatternThe relationship between dark net and cryptocurrency should start with the birth of Bitcoin. дальше »
2020-4-1 16:09 | |
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Does Bitcoin Price Follow a ‘4-Year Cycle’?
Bitcoin and crypto analyst Benjamin Cowen has released a video that takes issue with the cyclical price theories held by many crypto advocates. By examining Bitcoin’s four-year price trends Cowen asserts that the flagship cryptocurrency does not follow such a discernable pattern. дальше »
2020-3-29 17:00 | |
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XRP Is Up 12% and It Seems to Be Aiming for Higher Highs
Ripple’s XRP is up 12% in the last 24 hours as it seems to be breaking out of a consolidation pattern. Now, this cryptocurrency could be preparing for a further...The post XRP Is Up 12% and It Seems to Be Aiming for Higher Highs appeared first on Crypto Briefing. дальше »
2020-3-28 21:24 | |
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Analyst: this “textbook pattern” says there’s a 72% likelihood Bitcoin will burst past $10,000
As random as Bitcoin’s price action seems, it’s often textbook. The price action is so textbook, in fact, that two run-of-the-mill technical analysis patterns suggest that the cryptocurrency is about to rally even higher than it already has over the past week. дальше »
2020-3-29 17:00 | |
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Bitcoin Printed This Exact Pattern Prior to 2019’s Explosion to $14,000. It’s Back
On April 1st, 2019, after a brutal Bitcoin bear market that brought the cryptocurrency down by 80% and more, something changed: BTC saw “fireworks” as the price exploded 25% in a single day, marking one of the largest moves for the asset in its short but storied history. At first, many laughed it off as... дальше »
2020-3-22 10:17 | |
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This Emerging Pattern Signals Ethereum Could Soon See an Enormous Decline
It has been a crazy week for Ethereum and most other major altcoins, with the cryptocurrency seeing an intense selloff last week that led it to plummet all the way down to its previous bear-market lows before it was able to find any significant support. дальше »
2020-3-18 22:00 | |
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Tezos Holds Onto $2.5 Support: Are Higher Prices Incoming?
The Feb. 24-26 decrease in the cryptocurrency markets did not spare Tezos, which broke down below its pattern and erased all of the gains from the previous week. But, XTZ has outlasted the decrease and is seemingly preparing for another upward move. дальше »
2020-3-4 21:19 | |
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XRP Prints Bullish Golden Cross Pattern But Analyst More Concerned About Weekly Death Cross
On Feb. 15, XRP went above $0. 340, a level that was last seen in early July 2019. But as Bitcoin takes a drop, XRP went down to $0. 262 again, to early February levels. Currently, the third-largest cryptocurrency by market cap is trading at $0. дальше »
2020-2-26 19:57 | |
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Bitcoin Risks Drop to $8.7K as Accurate Fractal Flashes Sell-off Sentiment
Bitcoin is risking massive price declines below $9,000 as a historically accurate fractal indicates traders’ sell-off sentiment. The benchmark cryptocurrency’s tendency to retest the $8,750 level increased after it confirmed a bullish reversal pattern last week. дальше »
2020-2-24 15:00 | |
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This Eerie Pattern Shows Bitcoin Could be on the Cusp of a Massive 100%+ Rally
Bitcoin’s recent price action has made it incredibly unclear as to where the cryptocurrency could be positioned to move next, with its recent drop below $10,000 suggesting that bulls do not have enough strength to surmount the resistance that exists around this price level. дальше »
2020-2-22 21:10 | |
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Bitcoin’s 10% Flash Crash May Actually Satisfy This Bullish Chart Pattern
Bitcoin didn’t fare too well on Wednesday. After recovering to $10,300 from the weekend’s low of $9,500 — a gain of just over 8% — the price of the leading cryptocurrency fell off a cliff as the day came to a close on Wednesday. дальше »
2020-2-20 12:11 | |
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Bitcoin to See a Massive Trend-Defining Movement Because of This Simple Pattern
Following yesterday selloff that sent Bitcoin down to lows of $9,500, the cryptocurrency’s buyers have been able to absorb the intense selling pressure and push BTC higher, with it finding some decent stability within the upper-$9,000 region. дальше »
2020-2-19 00:00 | |
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TRONIX (TRX) Price Analysis (February 15)
• The overall outlook of the cryptocurrency is in an uptrend. • Traders may consider buying with bullish reversal candlestick pattern as confirmation. TRX/USD Medium-term Trend: Bullish • Resistance levels : $0. дальше »
2020-2-15 09:00 | |
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TRON (TRX) Price Analysis (February 15)
• The overall outlook of the cryptocurrency is in an uptrend. • Traders may consider buying with bullish reversal candlestick pattern as confirmation. TRX/USD Medium-term Trend: Bullish • Resistance levels : $0. дальше »
2020-2-16 09:00 | |
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EOS and Cardano Formed a Golden Cross, Signals Further Advance
EOS and Cardano have had a similar price action thus far this year. Both of these cryptocurrencies saw the formation of a major bullish pattern around the same time while...The post EOS and Cardano Formed a Golden Cross, Signals Further Advance appeared first on Cryptocurrency News. дальше »
2020-2-11 15:30 | |
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Analyst: this pattern shows Bitcoin could be bound for a massive July breakout
The past couple of days have been rocky for Bitcoin (BTC), with the benchmark cryptocurrency facing some notable downwards pressure in the time following its recent rejection at $9,600. It is important to note that the rejection at this level – although bearish over the short-term – may actually throw Bitcoin into a highly bullish […] The post Analyst: this pattern shows Bitcoin could be bound for a massive July breakout appeared first on CryptoSlate. дальше »
2020-2-5 06:00 | |
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Bitcoin Could Fall Hard, This Textbook Indicator Shows
Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator. The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. дальше »
2020-2-4 18:00 | |
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Ready For Liftoff: Two-Year Downtrend Breakout Could Lead to $14 XRP
XRP, the cryptocurrency commonly called Ripple, is in the midst of breaking out from downtrend resistance that has kept the crypto asset at low prices for over two full years of bear market. A breakout from what appears to be a bull flag or pennant pattern could shock the crypto market with rapid, explosive gains,... The post appeared first on NewsBTC. дальше »
2020-1-30 22:00 | |
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