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Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential
Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. дальше »
2020-12-9 17:22 | |
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Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart
Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »
2020-12-3 02:00 | |
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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%
Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] дальше »
2020-11-3 02:00 | |
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Ethereum Could Plunge to $315 if Bulls Fail to Defend One Key Level
Although the altcoin market has not been tracking Bitcoin’s upside as of late, it is still fully exposed to its downside The cryptocurrency faced another rejection at $13,800 overnight that caused it to reel into the lower-$13,000 region This created headwinds that put a firm end to the breakout rally that Ethereum started forming yesterday ETH has now erased all of its recent gains and is now at risk of seeing significantly further downside One […] дальше »
2020-11-3 23:00 | |
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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable
Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »
2020-10-31 21:00 | |
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Ethereum Rallies Into Resistance: Here’s Why Bulls Are Comfortable
Ethereum rallied more than 5% and it broke the key $370 resistance against the US Dollar. ETH price is struggling to clear the $390 resistance and it is currently correcting lower. Ethereum started a strong increase after forming a key double bottom pattern near $355. дальше »
2020-9-17 08:48 | |
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Ethereum Just Saw A Key Technical Breakout: Big Reaction From Bulls Imminent
Ethereum is up over 2% and it broke the main $400 resistance against the US Dollar. ETH price is likely to accelerate higher once it clears the $408 resistance zone. ETH price is back in a positive zone above the $400 and $402 resistance levels against the US Dollar. There is a strong support forming […] дальше »
2020-8-31 09:28 | |
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Bitcoin is Forming an “Ugly” Weekly Candle as Upwards Momentum Falters
Bitcoin is showing some signs of weakness as its price hovers around its key near-term support at $11,300. Bulls have been able to post an ardent defense of this level throughout the past day, with each dip below it being met with massive inflows of buying pressure. дальше »
2020-8-27 19:00 | |
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Bitcoin Showing Early Signs of Struggle: Can Bulls Save The Day?
Bitcoin is struggling to stay above the $11,200 resistance level against the US Dollar. BTC is currently correcting lower and it could continue to move down towards $10,700. Bitcoin is slowly moving lower after forming an intraday high near the $11,349 level. дальше »
2020-7-30 06:58 | |
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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range
Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »
2020-7-21 23:00 | |
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There’s a $10+ Million Sell Wall At $9,400 Preventing a Bitcoin Rally
For the umpteenth day in a row, Bitcoin has stalled in the low-$9,000s. Bulls and bears have found themselves at an impasse, with neither side forming a trend as there is also indecision in the equity market. дальше »
2020-6-22 03:00 | |
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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long
Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »
2020-4-29 23:00 | |
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Bitcoin is Forming a Bull Cross After Rallying to $6,500; Analysts Now Targeting $7,700
Following a brief selloff that led Bitcoin down to lows of $5,800 overnight, the crypto has been able to post a strong and sustainable rebound that has since led it to climb towards $6,500, with bulls currently attempting to reclaim its previous position within the upper-$6,000 region. It now appears that bulls are in the... дальше »
2020-3-31 02:30 | |
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Bitcoin Trading Near Make-or-Break Levels: Can Bulls Make It?
Bitcoin is currently correcting higher from the $3,906 swing low against the US Dollar. BTC is now forming a crucial breakout pattern, which is likely to decide the next move. Bitcoin price seems to be facing a lot of hurdles on the upside near $5,500 and $5,950. дальше »
2020-3-15 08:28 | |
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Bitcoin Bulls Alert: This Head & Shoulders Pattern Could Trigger Violent Drop
Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like a head and shoulder pattern is forming, which could drag BTC towards $8,800. After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar. дальше »
2020-2-2 08:28 | |
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Are Bitcoin Bulls Finally Giving Up? BTC Shows First Signs of a Big Correction
Bitcoin spiked above $9,400 and $9,500 against the US Dollar. BTC traded to a new yearly high at $9,569 and it is currently showing signs of a downside correction. Bitcoin price is likely forming a short term top near the $9,570 level against the US Dollar. дальше »
2020-1-31 08:28 | |
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Bulls Beware: Last Bitcoin Downtrend Breakout Led To Bear Market Lows
Bitcoin bulls across the globe are currently rejoicing that the downtrend that the first-ever cryptocurrency has spent the last six months in, has been broken out of with the latest rally, following an inverse head and shoulders bottom forming at $6,500. дальше »
2020-1-15 22:00 | |
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Ripple (XRP) Bulls Aim Larger Breakout Above $0.20
Ripple price is consolidating above the $0. 1850 and $0. 1880 support levels against the US dollar. XRP could start a larger rally if it clears the main $0. 2000 resistance area. There is a major breakout pattern forming with resistance near $0. дальше »
2020-1-2 07:28 | |
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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K
Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »
2019-12-31 08:30 | |
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Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K
Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC. дальше »
2019-12-30 09:04 | |
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Bitcoin at Major Crossroads, Can Bulls Protect $7,000?
Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar. A bearish break below the $7,000 support could start a short term downtrend. There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-26 09:00 | |
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Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip
Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-25 08:58 | |
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Bitcoin Rallies 5% To Clear Hurdles, Bulls Aiming $8K
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar. The price is now trading in a positive zone and it could rise further above $7,700. There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-23 09:00 | |
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Ripple (XRP) Lacks Momentum Despite BTC & ETH Rally, Can Bulls Make It?
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0. дальше »
2019-12-23 07:28 | |
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Bitcoin (BTC) Bears Remain In Driver’s Seat But Bulls Not Done Yet
Bitcoin price is extending losses below the $6,800 support area against the US Dollar. A crucial support is waiting on the downside near $6,500 and $6,200. There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-18 09:00 | |
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Why Ripple (XRP) Bulls Need To Be Careful After New 2-Year Low?
Ripple price is diving below $0. 1900 and it recently traded to a new 2-year low against the US dollar. It broke a significant support, opening the doors for further losses below $0. 1800. There is a key bearish trend line forming with resistance near $0. дальше »
2019-12-18 07:30 | |
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Ethereum & Bitcoin Takes Hit, What Does This Mean For This Bulls?
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-12-18 06:08 | |
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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back?
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-16 09:00 | |
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Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling
Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-11 09:00 | |
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Ethereum (ETH) Bulls Eye Crucial Bullish Break
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-12-9 06:08 | |
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Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst
It is looking increasingly likely that Bitcoin’s recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain their momentum, with BTC now targeting a movement to $8,000. дальше »
2019-11-30 00:00 | |
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Bitcoin begins forming bullish technical formation — is the bottom in?
Bitcoin has been struggling to find any significant and sustained buying pressure in the time following its retrace from its late October highs of $10,600, but its recent surge from lows of $6,500 was the first time in weeks that bulls put up a significant fight against bears. дальше »
2019-11-27 09:12 | |
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Bitcoin (BTC) Remains Sell Until This Changes
Bitcoin price is diving below the $8,340 and $8,200 support levels against the US Dollar. The price is approaching the key $8,000 support area, where the bulls may take a stand. There is a short term declining channel forming with resistance near $8,165 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-11-19 09:00 | |
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Bitcoin May Be Forming Long-Term Bottom as Bulls Fight Back
After an extended period of trading sideways around $8,500, Bitcoin’s bulls have begun to fight back, pushing the crypto towards $8,700. In spite of this upwards movement today, it is important to note that BTC has not yet been able to climb back above its previous support level around $8,800. дальше »
2019-11-18 22:30 | |
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Bitcoin Network Metrics Flail as Price Drops Under $9,000: Pain to Come?
Sorry bulls, Bitcoin’s on-chain metrics indicate that the next phase of the price bull run isn’t here just yet. A top cryptocurrency analytics firm has found that the activity of the Bitcoin network implies that a bear trend may be forming, which will not bode well for the price of BTC. дальше »
2019-11-14 15:00 | |
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Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase
Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-10-29 09:00 | |
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Ripple (XRP) Bulls Are Quiet While Many Altcoins Rally Significantly
Ripple price is rising slowly and it is still below the $0.3150 resistance area against the US dollar. The price is facing a lot of hurdles on the upside near the $0.3120 and $0.3150 levels. There is a key bullish trend line forming with support near $0.2950 on the hourly chart of the XRP/USD pair... дальше »
2019-10-28 07:38 | |
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Ripple Price (XRP) Upsurge Facing Key Resistance, Can Bulls Make It?
Ripple price remained in a positive zone and rallied another 5% above $0. 2750 against the US dollar. The price is trading in an uptrend, but it is now facing a strong resistance near $0. 2850. There is a rising channel forming with support near $0. дальше »
2019-10-8 07:08 | |
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Bitcoin Showing Signs of Forming a Long-Term Bottom Despite Current Consolidation
Bitcoin has further extended its bout of consolidation as it continues trading sideways around the $8,200 level, which appears to be a key support level that BTC’s bulls need to defend in order for the crypto to move higher in the near-term. дальше »
2019-10-4 00:00 | |
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Bitcoin Price (BTC) Watch: Here Is Why Bulls Must Be Careful
Bitcoin price is currently trading below the $10,080 resistance area against the US Dollar. The price is facing many hurdles on the upside near $10,080 and $10,100. There is a short term breakout pattern forming with resistance near $10,060 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-9-23 09:00 | |
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Ethereum (ETH) Price Climbs Again, Bulls Likely Sighting $240
ETH price completed its downside correction near the $202 support area against the US Dollar. The price bounced back and climbed to a new monthly high above the $220 level. There is a new major bullish trend line forming with support near $210 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-9-20 06:08 | |
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Ripple Price (XRP) Facing Uphill Task, Can Bulls Make It?
Ripple price is still struggling to surpass the main $0. 2650 resistance area against the US dollar. The price is showing a few positive signs, but it must break the $0. 2650 resistance level. There is a major breakout pattern forming with support near $0. дальше »
2019-9-17 07:08 | |
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Ethereum Price (ETH) Facing Key Resistance: Can Bulls Overcome $200?
ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar. The price is now trading nicely above the $190 and $192 resistance levels. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-8-19 06:08 | |
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Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?
There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-8-4 08:00 | |
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Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000
In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle mentioned in a previous analysis has progressed over the last 3 days. дальше »
2019-8-3 19:16 | |
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GXChain Price Analysis GXC / BTC: Baiting The Bulls
GXChain has a bullish short-term bias against Bitcoin, with the GXC / BTC pair breaking above key resistance The four-hour time frame is showing that a bullish inverted head and shoulders pattern is forming A bearish head and shoulders pattern continues to take shape on the daily time frame Fundamental Analysis GXChain has gained bullish […] The post GXChain Price Analysis GXC / BTC: Baiting The Bulls appeared first on Crypto Briefing. дальше »
2019-8-1 16:10 | |
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Bitcoin Price (BTC) Trading Near Inflection Point, Can Bulls Make It?
Bitcoin price declined heavily below the $9,800 and $9,500 support levels against the US Dollar. The price traded to a new weekly low at $9,118 and it is currently correcting higher. There is a crucial contracting triangle forming with resistance near $9,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-29 09:00 | |
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Bitcoin Price Analysis: Bulls Win Another Breakout
Bitcoin bulls have won yet another descending channel breakout, causing short-term price action to bounce off a key support around $9,500 and push price levels back to 5 digits. Bitcoin Monthly Chart On the monthly XBT/USD, we can see a doji forming on the latest candle as the head sits in the middle of two large wicks. дальше »
2019-7-25 12:22 | |
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Analyst: Ripple (XRP) May Be Forming Largest Bullish Divergence in Its History
Although bulls made a strong attempt to reverse the recently formed bear trend during this past weekend when Bitcoin quickly rose to $11,000, its swift rejection at this price and subsequent downtrend has wreaked havoc... дальше »
2019-7-24 04:57 | |
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