Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters

2024-4-24 14:09

The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.

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200-day average one widely indicators trend long-term

200-day average → Результатов: 126


Fetch.ai (FET) Trading Pattern Reveals Potential for $4.45 – But There’s a Catch

Crypto enthusiasts have lately been buzzing about Fetch. ai ($FET), a decentralized machine learning platform that has been showing some strong indicators on its trading charts. After forming a double bottom pattern on the daily chart and flipping its 200-day exponential moving average (200EMA), $FET is now positioned for a short-term price target between $0.

2023-8-31 12:00


GMX Token Faces Triple Top Rejection: Key Levels to Watch – Is This a Buying Opportunity or Further Descent Ahead?

In July, The GMX token experienced a surge, hitting our projected resistance level of $60 and even touching the 200-day moving average, which stands at approximately $62. However, this euphoria was short-lived as the token faced three consecutive rejections at this level, possibly indicating a Triple Top formation.

2023-8-22 18:18


Bears Beware: Bitcoin “Trend” Strengthens To Pre-ATH Levels

Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals.   However, bears should beware that while price has yet to do anything dramatic, the underlying trend strength is now at late 2020 levels — the same levels that resulted in an explosive rally to new all-time highs.

2023-2-23 03:08


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Bitcoin approaches ‘death cross’

The ominous-sounding ‘death cross’ is a bearish indicator which shows up when the 50-day moving average (MA) drops below the 200-day MA, CoinDesk wrote. The death cross looks like it’s about to become fact this week due to rising concerns of the US Fed’s faster liquidity withdrawal, which paints a bearish picture for Bitcoin (BTC/USD) […] The post Bitcoin approaches ‘death cross’ appeared first on Invezz.

2022-1-11 14:30