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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control
Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »
2020-8-21 02:00 | |
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Ethereum Classic, Binance Coin, VeChain Price Analysis: 20 August
Although not by a lot, both Binance coin [BNB] and Ethereum Classic [ETC] were showing small bullish potential, at the time of writing. However, it was too late for VeChain due to the formation of a bThe post Ethereum Classic, Binance Coin, VeChain Price Analysis: 20 August appeared first on AMBCrypto. дальше »
2020-8-20 20:30 | |
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Huobi Launches Global DeFi Alliance to Nurture Growing Sector
Huobi Group’s Huobi DeFi Labs has just announced the formation of the Global DeFi Alliance. The group features several key participants from the rapidly expanding DeFi sector. The aim of the alliance is to establish and promote best practices in the industry, advance research into DeFi, and to promote collaboration between East and West. дальше »
2020-8-18 17:59 | |
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Bitcoin short-term price analysis: August 16
Bitcoin was trading at $11,800 and showed signs of heading lower due to the formation of a bearish pattern. While some altcoins have seen a good surge in the last 24 hours, some haven't been so lucky. дальше »
2020-8-16 20:00 | |
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Despite $500 “Bart” Pattern, Analysts Are Still Bullish on Bitcoin
Bitcoin surged past $12,000 on Monday morning, rallying as certain altcoins plunged. The move brought the cryptocurrency as high as $12,100. Just as fast as BTC rallied, though, it dropped. Just hours after $12,000 was tapped, Bitcoin plunged around $500 in the span of an hour, forming a “Bart” formation. дальше »
2020-8-11 15:00 | |
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XRP is About to See Massive Volatility; Will It Favor Bears?
XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »
2020-8-9 22:00 | |
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IOTA Signals Bull Run After Forming Its First Weekly Golden Cross
IOTA, a transaction settlement token for the Internet of Things (IoT), has surged by more than 400 percent from its March 2020 nadir. Its price rally this week led to the formation of its first Golden Cross on a weekly chart. дальше »
2020-7-31 16:04 | |
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Bitcoin Just Posted an Ultra Bullish Technical Formation Not Seen Since 2017
Bitcoin’s intense rally seen yesterday evening allowed it to surmount multiple heavy resistance levels that were previously suppressing its price action. The cryptocurrency has also bolstered its technical outlook, with multiple factors now working firmly in the favor of BTC’s bulls. дальше »
2020-7-28 19:00 | |
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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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US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. дальше »
2020-7-9 22:15 | |
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Bitcoin Has Only Had One Other Rounded Top, And a Major Correction Followed
If the current price action is a top formation, then it doesn’t match the sharp spikes Bitcoin and blow-off tops the cryptocurrency is known for. Only one other time has a comparable rounded top formation appeared on BTCUSD price charts over the last ten years. дальше »
2020-7-2 00:00 | |
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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120
Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »
2020-6-30 23:00 | |
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Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season
A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer. дальше »
2020-6-20 23:00 | |
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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood
Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »
2020-6-15 22:00 | |
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This Technical Pattern Signals Bitcoin is About to Explode to $12,000
Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […] дальше »
2020-5-31 19:00 | |
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Bitcoin Could Hit $11,000 in June 2020; Here’s Why
Bitcoin is correcting lower after testing $10,000 as its local top. But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000. They include a Symmetrical Triangle formation, the Sino-U. дальше »
2020-5-29 16:12 | |
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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up
Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »
2020-5-27 02:00 | |
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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving
Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […] дальше »
2020-5-22 02:00 | |
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Bitcoin Rallied 6,400% Last Time It Made This Formation, and It’s Back Again
Bitcoin isn’t even past $10,000 — let alone the latest all-time high of $20,000 — but analysts are already craving the crypto market’s next parabolic bull rally. While this rally has yet to arrive, a prominent cryptocurrency chartist has indicated that it’s close. дальше »
2020-5-21 13:00 | |
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Wyoming: New Blockchain Committee to Focus on Digital Identity and Property Rights Solutions
According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology. дальше »
2020-5-19 23:00 | |
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Bitcoin’s Outlook is Bright as It Trades Above Key Cloud Formation
Bitcoin appears to have entered a firm consolidation phase within the mid-$9,000 region following the latest rejection at $10,000 In spite of the signs of weakness that BTC has flashed throughout the past several days, it is important to keep in mind that it has sustained above multiple key technical levels It now appears that the cryptocurrency could be well positioned to see further upside, but there is one key resistance level that must be […] дальше »
2020-5-17 22:00 | |
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Full Moon: Will Bitcoin Break Out During Today’s Celestial Event?
Bitcoin’s halving is less than one week away. The crypto asset is trading at the top of a multi-year chart formation. And tonight is the Full Flower Moon. Is the stage set for a major halving-fueled Bitcoin breakout during tonight’s full moon? Stars Align For Major Cryptocurrency Breakout Bitcoin price is currently trading at over... дальше »
2020-5-7 19:00 | |
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Bitcoin SV (BSV) Price Analysis (May 3)
Key Highlights BSV/USD market has struggled to reach a high point around $240 in a range-bound formation. There hasn’t been a clear sign to suggest a change in the current trading cycle. BSV/USD market is bound to enter another upper range territory above $240 mark in the next trading sessions. Bitcoin SV (BSV) Price Analysis […] дальше »
2020-5-3 16:19 | |
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Ethereum (ETH) Price Analysis (April 29)
• ETHUSD slowly reaches a point where it can no longer drop. • Traders may consider buying with bullish reversal candles as entry formation. ETH/USD Medium-term Trend: Bullish Key levels • Resistance levels : $260, $270, $280 • Support levels: $85, $75, $65 Ethereum is in an uptrend in its medium-term outlook. $192.06 in the […] дальше »
2020-4-29 12:44 | |
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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 (BTC) Price Analysis (April 28)
Key Highlights BTC/USD market’s trading cycle is still in a range-bound formation. The Bulls appear getting weak in pushing northward further in BTC/USD trade. A downward pressure against a low point at $7,200 mark will suggest seeing more lows in BTC/USD market. дальше »
2020-4-28 13:11 | |
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Last Time Bitcoin Saw This Formation Was Before a 20% Crash. It’s Back
The past few weeks have seen Bitcoin push higher and higher every few days, establishing higher low after higher high after higher low on the back of an influx of buying pressure. But, according to a number of crypto traders, BTC is preparing to see a correction as the charts signal caution. Related Reading: Crypto... дальше »
2020-4-28 12:40 | |
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Alleged Crypto Yuan Images Leak Online as China Finalizes Blockchain Coalition
China is not slowing down in its blockchain ambitions and is in the final stages of the formation of a new coalition dedicated to the technology. The launch of its highly anticipated central bank digital currency has also been stepped up as leaked screenshots of the DC/EP app reveal that it could already be in […] The post Alleged Crypto Yuan Images Leak Online as China Finalizes Blockchain Coalition appeared first on BeInCrypto. дальше »
2020-4-15 10:40 | |
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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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Ravencoin, Chainlink, XRP price: Link hints at a surge in the near future
Chainlink is showing the best prospect in the near future with the formation of an ascending triangle. Ravencoin and XRP, however, show little signs of optimism when compared to Link. Ravencoin RVNThe post Ravencoin, Chainlink, XRP price: Link hints at a surge in the near future appeared first on AMBCrypto. дальше »
2020-4-7 20:30 | |
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Waves, Verge, Ethereum Price: Waves' double bottom pattern shows promise of 23%-37% surge
Only, the Waves token shows promise with the formation of a double bottom pattern. Ethereum and Verge are all exhibiting bearish sentiment. Ethereum is stuck between the 50 and 200DMA while, Verge is The post Waves, Verge, Ethereum Price: Waves' double bottom pattern shows promise of 23%-37% surge appeared first on AMBCrypto. дальше »
2020-4-6 23:30 | |
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Bitcoin Paints Two Extremely Bearish Patterns: Death Cross and Double Top
Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month. The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. дальше »
2020-3-25 14:59 | |
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This “Ugly” Technical Formation Could Spell Doom for Ethereum Bears
Ethereum, like Bitcoin and most other major altcoins, has been firmly caught in a consolidation phase over the past few days and weeks, which has led it to stabilize around $130 as bulls and bears both attempt to take control of the cryptocurrency. дальше »
2020-3-23 20:30 | |
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XRP to witness a slew of incoming drops as death cross unveils itself
XRP has developed a high correlation with Bitcoin, so has Ethereum. Although the coin surged a little in the last 24-48 hours, the overall prospect looks bleak. This is mainly due to the formation ofThe post XRP to witness a slew of incoming drops as death cross unveils itself appeared first on AMBCrypto. дальше »
2020-3-22 22:02 | |
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XRP's descending channel indicates potential dip of over 8% underway
Following the Head and Shoulder pattern formation that continued from February to March'20, XRP's price has continued to decline. As the coin remained vulnerable at $0.209, at press time, Bitcoin's maThe post XRP's descending channel indicates potential dip of over 8% underway appeared first on AMBCrypto. дальше »
2020-3-10 21:00 | |
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Bitcoin Eyes Close above $14,000, According to Textbook Technical Indicator
A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000. Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern. дальше »
2020-3-7 11:32 | |
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Ren Announces DeFi Interoperability Alliance
Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help...The post Ren Announces DeFi Interoperability Alliance appeared first on Crypto Briefing. дальше »
2020-3-6 20:14 | |
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EY, ConsenSys, Microsoft Launch Baseline Protocol; Enterprise Data On Ethereum Mainnet
ConsenSys and EY have commenced the formation of a blockchain protocol suited for enterprise clients. According to a press release on March 4, ConsenSyns said that the ‘Baseline protocol’ will leverage Ethereum’s Mainnet to deliver its distributed services. дальше »
2020-3-5 00:21 | |
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EY and ConsenSys form Baseline Protocol initiative to make Ethereum stronger for enterprises
Today, EY and ConsenSys announced the formation of the Baseline Protocol in collaboration with Microsoft. The Baseline Protocol is an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost via Ethereum. дальше »
2020-3-5 20:38 | |
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Cup and Handle formation on Bitcoin chart could push the price higher
What a brutal sell-off that was? Bitcoin Dropped around 15% in last three days. World’s largest cryptocurrency dropped to 8550$, filled CME GAP, and bounced from 8550$ and currently trading above 8800$. дальше »
2020-2-28 11:27 | |
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Ethereum (ETH) Price Analysis (February 21)
• The cryptocurrency is in a bullish flag formation both in the medium and short-term perspective. • Bull s are dominant in the market at the moment. ETH/USD Medium-term Trend: Bullish • Resistance levels : $270, $280, $290 • Support levels: $110, $100, $80 ETHUSD continues in a bullish trend zone in its medium-term outlook. […] дальше »
2020-2-22 23:18 | |
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Bitcoin makes a comeback to its volatility days
Bitcoin's price has been on the rise in anticipation of the halving that is to take place a few months later. The recent golden cross formation also indicated that the coin was likely to have a strongThe post Bitcoin makes a comeback to its volatility days appeared first on AMBCrypto. дальше »
2020-2-20 12:00 | |
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Analyst Prices Bitcoin at $400k By Next Year Based on Miner Capitulation Pattern
The Bitcoin Performance Since Difficulty Bottom chart shows the formation of a cup pattern peaking in spring 2021. This price prediction tool puts Bitcoin at an astonishing $400k by then. #bitcoin $10k … it's getting really interesting now pic. дальше »
2020-2-19 16:26 | |
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Bitcoin to Form Golden Cross but It Cannot Guarantee a Bull Run
Bitcoin traders are enthusiastic about a textbook technical indicator whose formation could send the asset’s prices higher. Dubbed as Golden Cross, the candlestick pattern will occur when bitcoin’s short-term moving average closes above its long-term moving average. дальше »
2020-2-14 18:00 | |
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Ripple building a regulatory base - For the 'greater good?'
Every industry has a defining entity. One that divides the industry into two opposing halves. For the cryptocurrency industry, that entity is Ripple. Since its formation in 2012, Ripple has absorbeThe post Ripple building a regulatory base - For the 'greater good?' appeared first on AMBCrypto. дальше »
2020-2-13 17:00 | |
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Tezos Reaches a New All-Time High: What’s Next?
On February 11, the Tezos price created a bullish engulfing candlestick that took the price to a new all-time high. Tezos Price Highlights XTZ has reached a new all-time high. The price is likely in the third wave of a five-wave Elliott formation. дальше »
2020-2-13 22:06 | |
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