What to expect if Arbitrum's range formation persists

2023-6-26 07:30

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. $1.15 has been a critical short-term roadbThe post What to expect if Arbitrum's range formation persists appeared first on AMBCrypto.

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Источник: ambcrypto.com

formation range → Результатов: 49


Filecoin Cruises Near Resistance, Now Attempts For A Breakout

Filecoin (FIL) price action shows the formation of a flag and pole pattern that indicates a bullish movement. Filecoin price displays a robust uptrend with a bullish flag and pole pattern. Four-hour time frame for Filecoin showed the formation of a symmetrical triangle pattern Filecoin currently trades at a long-term supply range following a breach of short-term key resistance  Currently, Filecoin price trades at a long-term supply level after successfully breaching a short-term key resistance.

2022-8-14 07:46


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The Countdown is on: Bitcoin has 3 Days Before It Reaches Apex of Key Formation

Bitcoin is seeing relatively lackluster price action today, with it consolidating within the mid-$30,000 region as altcoins all explode higher Where the entire market trends in the mid-term should depend largely on whether or not Bitcoin bulls can establish $37,000 as support The crypto has tested this level on a few occasions overnight, and it has been holding strong One analyst is now noting that BTC is likely to range for the coming few days […]

2021-1-17 00:00


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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […]

2020-10-19 01:00


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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 […]

2020-6-30 23:00


Ethereum sees double ascending channel formation as price nears another fall

The world’s second largest cryptocurrency has been enduring a tough time in October. After exhibiting strong bullish fundamentals in September and recording a growth of over 30 percent, the asset was back under a bearish stronghold and was dwelling under the $200 range, at press time The steep declined on 24 September stripped off its […] The post Ethereum sees double ascending channel formation as price nears another fall appeared first on AMBCrypto.

2019-10-14 14:13


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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