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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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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

2020-6-17 21:00


Lambda Price Analysis LAMB / USD: Going Strong

Lambda has a bearish short-term bias, with price still trading below key technical resistance on the four-hour time frame The four-hour time frame shows that a large inverted head and shoulders pattern is building The daily time frame highlights that the cryptocurrency is attempting to build strength above its 50-day moving average Lambda / USD […] The post Lambda Price Analysis LAMB / USD: Going Strong appeared first on Crypto Briefing. дальше »

2019-8-8 17:02


XRP / USD Price Analysis: Bullish Strength Pushes Case For Flippening

Ripple has a bullish short-term trading bias, with the cryptocurrency breaking above its 200-period moving average The XRP / USD pair has now moved above its 200-day moving average for the first time this year The daily time frame shows that a bullish triangle pattern breakout has now occurred Ripple / USD Short-term price analysis […] The post XRP / USD Price Analysis: Bullish Strength Pushes Case For Flippening appeared first on Crypto Briefing. дальше »

2019-5-14 16:22