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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend
It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »
2020-7-18 23:00 | |
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Litecoin Might Have Begun an Upward Trend
On June 25, the Litecoin (LTC) price broke out from a descending wedge. After retracing for a week, the price began an upward movement that is still ongoing. The Litecoin price had been trading inside a descending wedge since June 1. дальше »
2020-7-9 19:05 | |
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Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance
The Bitcoin (BTC) price has been decreasing since it reached a high of $9,379 on July 7. Today, it broke out from a descending wedge, but could not sustain the higher prices. Bitcoin Short-Term Breakout The hourly chart for BC reveals that the price has been decreasing since a high of $9,379 reached on July […] The post Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance appeared first on BeInCrypto. дальше »
2020-7-8 11:55 | |
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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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Bitcoin’s Breakout Has the Price Aiming for $10,000
On June 22, the Bitcoin price created a bullish engulfing candlestick and broke out from a descending wedge that had been in place since the beginning of June. The price reached a high of $9,780 before decreasing slightly to $9,600 where it was trading at the time of press. дальше »
2020-6-23 12:05 | |
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These Two Altcoins Are Showing Strong Reversal Signs
After showing strong signs of a long-term reversal, the LOOM price has broken out from a major resistance. This could be the first step of a more significant move upwards. RLC has already broken out from a long-term descending wedge and has begun to move upwards. дальше »
2020-6-19 17:46 | |
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Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility
Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge. дальше »
2020-6-17 11:08 | |
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Determining Bitcoin’s Current Pattern
The Bitcoin price has been decreasing since June 1. While the price is trading inside a descending wedge, which is considered a bullish pattern, the long-term trend cannot be considered bullish unless the price breaks out above $10,000. дальше »
2020-6-17 08:18 | |
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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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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15 | |
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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22 | |
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Bitcoin Tests Triple-Top Looking for a Breakout
The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »
2020-5-19 12:20 | |
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After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal
The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing. Pal, who […] дальше »
2020-5-9 15:34 | |
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Crucial Bearish Factor That Haunted Bitcoin Since $5ks Was Just Invalidated
A reoccurring theme in many Bitcoin analyses over the past few weeks has been mentions of a “rising wedge. ” For those unaware, a rising wedge is a common chart pattern marked by a strong uptrend. дальше »
2020-5-1 14:00 | |
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Will Ethereum Be Successful in Topping $200?
The Ethereum price has been increasing since reaching a low of $89. 80 on March 13. On April 25, the price moved above the midpoint of the entire trading range since Feb 15. The upward after the March 13 bottom has taken the form of an ascending wedge. дальше »
2020-4-28 16:10 | |
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Will Bitcoin’s April 2019 Fractal Take It to $16,000?
Throughout April and May 2019, the Bitcoin (BTC) price has traded inside an ascending wedge. Even though this is considered a bearish reversal pattern, the price broke out and increased by more than 100 percent afterward. дальше »
2020-4-27 18:10 | |
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Veteran Trader Suggests Stocks Will Follow 1929 Crash
Peter Brandt, a popular financial analyst, suggests that the stock market is forming a rising wedge and could soon collapse. If you’ve been in the cryptocurrency space for some time, you’ve probably already heard of Peter Brandt. дальше »
2020-4-27 20:15 | |
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Litecoin could witness another fall as rising wedge takes shape
Troubled times for the seventh-largest cryptocurrency, Litecoin, is not over as the coin appeared to be far from a bullish flip. It was trading at $40.98, at the time of writing. The silver crypto is The post Litecoin could witness another fall as rising wedge takes shape appeared first on AMBCrypto. дальше »
2020-4-23 20:00 | |
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Chainlink Vs. Tezos — Which has Higher Growth Potential?
On April 7, the LINK price broke out from the descending wedge it had been trading in for three weeks prior, and has increased by almost 50% since. During the same day, XTZ also broke out from an ascending wedge but has only increased by 18%. дальше »
2020-4-13 20:11 | |
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Bitcoin Teeters on Long-Term Support, Bulls Running out of Time
The Bitcoin price has been increasing inside an ascending wedge since reaching a low on March 13. The rate of increase intensified on March 30, and it has been increasing without experiencing any major retracement since. дальше »
2020-4-10 16:10 | |
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Bitcoin Establishing Elliott Formation Inside Ascending Wedge
On April 2, the Bitcoin price broke out above an important resistance area found at $6,800. Afterward, it validated this level as support and has been increasing since, breaking through the $7,000 resistance level without difficulty. дальше »
2020-4-8 15:43 | |
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Bitcoin Moves Above $7,000, Targets Key Resistance Level
Since reaching a bottom of $3,782 on March 13, the BTC price has been increasing. The increase has taken the from of an ascending wedge, which is considered a bearish reversal pattern. Since reaching the aforementioned bottom, the BTC price has increased by almost 90%. дальше »
2020-4-7 19:15 | |
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Is Bitcoin Moving in an Ascending Triangle or Wedge?
On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »
2020-4-3 13:45 | |
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Dogecoin, Bitcoin Gold, Ethereum Price: Variance galore as largest alt leads the way
As the first quarter comes to a close, altcoins are marking a recovery, looking to break out of a narrowly forming wedge to make due lost gains. Ethereum, the largest alt in the market, is converging The post Dogecoin, Bitcoin Gold, Ethereum Price: Variance galore as largest alt leads the way appeared first on AMBCrypto. дальше »
2020-3-31 12:30 | |
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Rising Wedge Breakdown Threatens $7K Bitcoin Price Target
Bitcoin price needs to flip the $6,800-$6,900 zone to support or risk a rising wedge breakdown to $6,500 and below
дальше »2020-3-26 09:26 | |
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Bitcoin's rising wedge could push price to $5,500 after retest of $7,000
Bitcoin's difficulty will drop by 10-13% in the next adjustment. The main reason behind this would be the latest sell-off which contributed to a significant loss for miners. This eventually led to a dThe post Bitcoin's rising wedge could push price to $5,500 after retest of $7,000 appeared first on AMBCrypto. дальше »
2020-3-22 15:00 | |
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This Little Known Altcoin Could Increase by as Much as 85%
The DUSK price has been trading inside a descending wedge for the past 175 days. It reached a low on Jan. 29 and has been increasing ever since. Dusk Network (DUSK) Price Highlights DUSK is trading inside a long-term descending wedge. дальше »
2020-3-12 00:15 | |
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LOOM Might Be Heading Toward 450 Satoshis
On Feb. 15, the LOOM price reached a high of 377 satoshis and began to decrease. The price bounced on Feb. 25, indicating that the retracement period is complete. Loom Network (LOOM) Price Highlights The price broke out from a descending wedge. дальше »
2020-3-5 21:18 | |
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Cosmos (ATOM) Correction Period Might Already Be Over
Since December 27, 2019, the ATOM price has been trading inside a descending wedge. It is currently in the process of breaking out of this pattern. Cosmos (ATOM) Highlights There is resistance at 50,000 and 65,000 satoshis. дальше »
2020-2-21 16:10 | |
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XRP Could Be at the Last Point of Support Prior to a Massive Takeoff
The XRP price has been decreasing since reaching a high on Feb 15. It has reached a significant support area, a level that is expected to reverse the correction. XRP (XRP) Highlights The price broke out from a descending wedge. дальше »
2020-2-19 17:10 | |
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Bitcoin Analysis for 2020-02-18 [Premium Analysis]
On February 18, the Bitcoin price broke out from a short-term descending wedge — marking an end to the decrease that began on February 15. Bitcoin Price Highlights The Bitcoin price broke out from a short-term descending wedge. дальше »
2020-2-18 11:43 | |
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Ravencoin’s Breakout Takes It Towards The Range High
On February 3, the Ravencoin (RVN) price broke out from a descending wedge. It has been increasing since. Ravencoin (RVN) Highlights The RVN price broke out from a descending wedge. It is trading inside an ascending channel. дальше »
2020-2-15 00:24 | |
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Ravencoin’s Breakout Could Lead to a Massive Increase
On February 3, the Ravencoin price broke out from a descending wedge. It has been increasing since but has failed to break out above the 350 satoshi resistance area. Ravencoin Price Highlights The RVN price has broken out from a descending wedge. дальше »
2020-2-7 00:33 | |
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Bitcoin Could Hit $13,000 by April 2020, Macro Indicator Shows
Bitcoin could retest the $13,000 range in the next two months, according to a macro technical indicator. The cryptocurrency’s monthly chart shows that it was trending downwards inside a ‘Falling Wedge. дальше »
2020-2-6 18:52 | |
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Cardano (ADA) Teases a Breakout Above Significant Resistance
The ADA price has reached a significant resistance area and is trading inside an ascending wedge. Cardano (ADA) Highlights There is resistance at 630, 770, and 1,000 satoshis. ADA has broken out from a short-term descending channel. дальше »
2020-2-5 16:10 | |
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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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THETA’s Relationship with this Moving Average Could Determine Its Trend
The THETA price is trading very close to the support line of a descending wedge. The price is expected to move towards the resistance line and could possibly break out. Highlights THETA is trading inside a descending wedge. дальше »
2020-2-1 22:10 | |
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THETA’s Relationship with this Moving Average Could Determine It’s Trend
The THETA price is trading very close to the support line of a descending wedge. The price is expected to move towards the resistance line and could possibly break out. Highlights THETA is trading inside a descending wedge. дальше »
2020-1-31 22:10 | |
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XLM Could Soon Head for Range Highs
The XLM price has been decreasing since January 20. We believe this correction might have ended at the 650 satoshi support area and are expecting a breakout from the current pattern. XLM Highlights The price is trading inside a short-term descending wedge. дальше »
2020-1-30 04:29 | |
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