2018-7-2 13:00 |
Having bounced back over the weekend, bitcoin needs to clear the falling channel resistance before claiming a short-term bullish reversal.
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2018-6-27 23:30 | |
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Bitcoin (BTC) price has continued to fall out of triangles since the big fall from $19,783 in January 2018. However, it is fair to mention that the triangles have become less steep over the time and the slope signals a pending reversal in the near future.
2018-6-20 18:00 | |
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Stellar (XLM) is currently showing signs of weakness trading against the US Dollar. The price has fallen below the triangle it was trading in last week and looks indecisive. However, the RSI is currently near oversold levels and a reversal could be in the offing.
2018-6-12 22:30 | |
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| Analogue Notcoin - TapSwap |
Bitcoin is about to see a key bullish cross of two moving averages the first time in nearly four years.
Bitcoin's three-day price consolidation looks to be a bull breather before a continuation of the recent rally to above $4,000.
With bitcoin showing resilience to negative news flow, a strong bullish move is looking increasingly likely.
Bitcoin has reported losses in January for the last four years, and a fifth now looks on the cards.
After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100.
Bitcoin’s price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100.
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices.