Is Bitcoin Trading Inside a Massive Reverse Head and Shoulders Pattern?

Is Bitcoin Trading Inside a Massive Reverse Head and Shoulders Pattern?
фото показано с : beincrypto.com

2020-3-11 08:20

On March 7, the Bitcoin price initiated a rapid downward move that continued until the price found support at $7,700 two days later. Looking at the long-term chart since July 2019, this area could serve to create the right shoulder of a long-term inverse head and shoulders (H&S) pattern.

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Ethereum Technical Analysis Sees ETH Track BTC Higher

Ethereum has a bullish short-term trading bias and a bearish medium-term outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a breakout above the $140 level could be very bullish for ETH/USD Ethereum is moving higher on Monday, as the second-largest cryptocurrency […] The post Ethereum Technical Analysis Sees ETH Track BTC Higher appeared first on Crypto Briefing.

2020-1-6 20:46


Basic Attention/USD Technical Analysis

Basic Attention has a bullish short-term trading bias and a negative medium-term bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a bullish breakout from a falling wedge pattern is underway Basic Attention is searching for direction on Thursday after the cryptocurrency […] The post Basic Attention/USD Technical Analysis appeared first on Crypto Briefing.

2020-1-2 22:25


Bitcoin Cash Turning Bullish, Holds Above $200

Bitcoin Cash has a bullish short-term and bearish medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is forming The daily time frame shows that the cryptocurrency may start to target the $280 level Bitcoin Cash is showing bullish bias as the fifth-largest cryptocurrency continues to firm above […] The post Bitcoin Cash Turning Bullish, Holds Above $200 appeared first on Crypto Briefing.

2020-1-2 23:17


Theta Price Analysis: Expecting Gains

Theta has a bullish short-term and medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame continues to shows that a bullish wedge pattern breakout has occurred Theta has recently been on the rise and posting impressive trading gains, trading counter to […] The post Theta Price Analysis: Expecting Gains appeared first on Crypto Briefing.

2019-12-19 16:28


Stellar Lumen Price Analysis: Looking Oversold

Stellar Lumen has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame continues to show that a bearish wedge pattern breakout has occurred   Stellar Lumen has fallen to a fresh multi-year trading low, following Tuesday’s wide-spread […] The post Stellar Lumen Price Analysis: Looking Oversold appeared first on Crypto Briefing.

2019-12-18 20:54


Chainlink Price Analysis: Breaking Down

Chainlink has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has formed The daily time frame continues to show the price trapped within a wedge pattern   Chainlink is under increasing downside pressure, with the popular cryptocurrency on the cusp of a short-term bearish […] The post Chainlink Price Analysis: Breaking Down appeared first on Crypto Briefing.

2019-12-16 17:40


VeChain Price Analysis: Swift Progress

VeChain has a bullish short-term and medium-term trading outlook The four-hour time frame shows that a bullish breakout from a wedge pattern has taken place The daily time frame shows that a bearish head and shoulders pattern is still looming over the VET/USD pair   VeChain is outperforming the broader cryptocurrency market on Monday with […] The post VeChain Price Analysis: Swift Progress appeared first on Crypto Briefing.

2019-12-3 18:52


Dash Price Analysis: Accumulating Losses

Dash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows that a bearish head and shoulders pattern has been triggered Dash remains under heavy downside pressure as the coin fell to levels not seen since […] The post Dash Price Analysis: Accumulating Losses appeared first on Crypto Briefing.

2019-11-27 20:14


Zcash Price Analysis: Bullish Opportunity

Zcash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows the presence of bullish MACD divergence Zcash has slipped to its lowest trading level since March 2019, following the recent decline in the broader cryptocurrency […] The post Zcash Price Analysis: Bullish Opportunity appeared first on Crypto Briefing.

2019-11-27 19:01


Binance Coin Price Analysis BNB/USD: Consecutive Losses

Binance Coin has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is still present A loss of the $16.00 level would be extremely bearish for the BNB/USD pair Binance Coin remains under pressure alongside the broader cryptocurrency market, with the BNB/USD pair trading […] The post Binance Coin Price Analysis BNB/USD: Consecutive Losses appeared first on Crypto Briefing.

2019-11-22 21:12


Ethereum Price Analysis ETH / USD: In Dire Straits

Ethereum has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a head and shoulders pattern has been triggered The daily time frame shows that a bullish inverted head and shoulders pattern remains in play The decline in the broader cryptocurrency market has placed Ethereum in a vulnerable technical position, with […] The post Ethereum Price Analysis ETH / USD: In Dire Straits appeared first on Crypto Briefing.

2019-11-20 20:33


Maker Price Analysis MKR / USD: Positive Dynamics

Maker has a bullish short-term and medium-term trading outlook The four-hour time frame shows a large inverted head and shoulders pattern The daily time frame shows an even larger inverted head and shoulders pattern Maker has seen a rapid change to its short and medium-term trading status, with the cryptocurrency adding over 25% to its […] The post Maker Price Analysis MKR / USD: Positive Dynamics appeared first on Crypto Briefing.

2019-11-19 20:41


VeChain Price Analysis VET / USD: Reemerging

VeChain has a bullish short-term and medium-term trading outlook The four-hour time frame shows that an inverted head and shoulders pattern has been triggered The daily time frame is still showing a large head and shoulders pattern VeChain is surging higher, with the VET / USD pair adding over 20% to its trading value, following […] The post VeChain Price Analysis VET / USD: Reemerging appeared first on Crypto Briefing.

2019-11-16 20:44


Holochain Price Analysis HOT / USD: Unrealized Potential

Holochain has a bullish short-term bias and a bearish medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame is showing an even larger inverted head and shoulders pattern in play Holochain has been slowly advancing over the last few weeks, with the […] The post Holochain Price Analysis HOT / USD: Unrealized Potential appeared first on Crypto Briefing.

2019-11-14 21:21


Bitcoin Cash Price Analysis BCH / USD: Defining Moment

Bitcoin Cash has a bullish short-term bias and a bearish medium-term trading outlook The four-hour time frame shows that a head and shoulders pattern has formed The daily time frame is showing that a neutral wedge pattern has formed Bitcoin Cash has been on a wild ride since mid-September, with the BCH / USD pair […] The post Bitcoin Cash Price Analysis BCH / USD: Defining Moment appeared first on Crypto Briefing.

2019-11-13 18:50


Decred Price Analysis DCR / USD: Bullish Reversal

Decred has a bullish short-term and a bearish medium-term trading outlook The four-hour time frame shows that large inverted head and shoulders pattern has formed The daily time frame shows a large descending triangle pattern Decred has been on the rise since Chinese President Xi Jinping’s positive comments towards blockchain and cryptocurrencies, with the DCR […] The post Decred Price Analysis DCR / USD: Bullish Reversal appeared first on Crypto Briefing.

2019-11-11 18:52


Tezos Price Analysis XTZ / USD: Breaking Resistances

Tezos now has a bullish short-term and medium-term trading bias The four-hour time frame shows that large inverted head and shoulders pattern has formed The daily time frame highlights and an even larger bullish pattern Tezos has made major strides this week, with the cryptocurrency rallying to its highest trading level mid-August and gaining well-over […] The post Tezos Price Analysis XTZ / USD: Breaking Resistances appeared first on Crypto Briefing.

2019-11-8 18:05