Bitcoin Derivatives Traders Increase Positions After Bullish Move 

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ICX Finally Breaks Out From a Nearly Two Month Long Pattern

The Icon (ICX) price has broken out from a bullish pattern that had been in place since the yearly high reached on Aug 22. The price should move upwards towards the levels outlined below. Wedge Breakout The ICX price reached a high of $0.

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Will EOS Reach $3 Once More?

The EOS price has broken out from a descending resistance line but failed to move upwards afterward. Nevertheless, the short-term chart shows a bullish pattern, from which a breakout is likely. Breakout or Fakeout? The EOS price has been falling alongside a descending resistance line since Aug 16, when it reached a high of $3.

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Determining If Bitcoin’s Count Is Bullish or Bearish

On Oct 20, the Bitcoin (BTC) price moved above the $12,050 resistance area, regaining all of the losses stemming from the early September fall. Despite this move, it’s not yet clear whether this is a new upward move or an upwards correction.

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Bitcoin Sprints Past $12,000 Returning to August Highs

On Oct 20, Bitcoin (BTC)  created a bullish engulfing candlestick and proceeded to move above an important resistance area. A daily close above the $12,050 area would be a significant bullish sign, while a weekly close above the current level would be an even more considerable signal for continuation to new 2020 highs.

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Ethereum, Stellar Lumens, Dogecoin Price Analysis: 20 October

The world’s largest altcoin Ethereum was once again moving up and was priced around the $375 mark. Ethereum could soon move towards a more neutral to bullish phase soon. Stellar Lumens also maintThe post Ethereum, Stellar Lumens, Dogecoin Price Analysis: 20 October appeared first on AMBCrypto.

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DASH Breaks Out From Long-Term Bullish Pattern

On Oct 11, the DASH price broke out from a descending wedge. After validating it as support, the price resumed its upward move on Oct 19. Unless the $66 support area fails, the price should continue rallying.

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‘I would not short’ — Bitcoin buy the dip zone now $11K, says Tone Vays

The veteran trader says bullish trends make shorting the current correction a dangerous move, and the dip “may already be over.”

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Ethereum Remains Strong So Long as It Defends One Critical Level

Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […]

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Here are 4 Factors Signaling Yearn.finance (YFI) Remains Bullish

Yearn. finance’s YFI governance token has been struck hard by multiple bearish developments as of late, with the cryptocurrency’s price reeling down towards where it was trading at before its parabolic move to highs of $40,000.

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CryptoWhale On Why Grayscale, MicroStrategy, And Square’s BTC Investments Are Not Bullish For Bitcoin

The recent surge in Bitcoin investments by companies like Grayscale, MicroStrategy, and Square is a self-centered move to benefit from the crypto market hype and increase revenue generation, according to Investment Advisor and crypto trader, Crypto Whale.

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Bitcoin’s “Crucial” Weekly Close Nears as BTC Hovers Above Key Level

Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600.

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Bitcoin Just Broke Its Downtrend as Analysts Eye Extension of Momentum

Bitcoin’s price action throughout the past 24 hours has been overwhelmingly bullish Following a prolonged period of range-bound trading between $10,200 and $11,200, the benchmark cryptocurrency was finally able to buck this trend and rally up to $11,400 Its ascent has been slowing as it pushes further into the $11,000 region, but it still remains overwhelmingly strong at the moment Analysts are now noting that this latest move higher broke the cryptocurrency’s multi-week downtrend This […]

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Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery.

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Swipe (SXP) Double-Bottom Could Lead to Upward Push

Swipe (SXP) has created a bullish reversal pattern and is showing signs that it will move upwards in the near future. The SXP price has been decreasing since Aug 13, when it reached a high of $5.

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Bitcoin Finally Breaks Out From Its Consolidation Pattern

On Oct 8, Bitcoin (BTC) broke out from a month-long consolidation pattern. While there is still resistance left to clear, it is very likely that the trend is bullish. Bitcoin Breaks Out from Triangle On Oct 8, the Bitcoin (BTC) price began an upward move that caused it to break out from a symmetrical triangle […] The post Bitcoin Finally Breaks Out From Its Consolidation Pattern appeared first on BeInCrypto.

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The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Saying

Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much longer, with many expecting a large movement in the coming days and weeks One trader also believes that the next […]

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Will COTI Break Out From Its Descending Wedge?

The COTI price has fallen below a crucial long-term support level, but is trading inside a bullish pattern and has shown several bullish reversal signs. A breakout from the current pattern would likely indicate that the price has reversed its trend and has begun an upward move.

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MANA Breaks Out But Fails to Clear Long-Term Resistance

The Decentraland (MANA) price is currently getting ready to initiate another upward move. However, until the price clears the major resistance area at 950 satoshis, we cannot state with confidence that the trend is bullish.

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Bitcoin’s Push to $11,000 Comes Following Intense Accumulation from Whales

Bitcoin is currently in the process of pushing towards $11,000, although it is facing some slight selling pressure at this level The cryptocurrency now appears to be positioned to rally higher in the near-term, as it was able to post an incredibly bullish weekly candle close yesterday Within one minute of this candle closing, BTC’s price rocketed by hundreds of dollars One interesting trend that appears to be backing this move is a pattern of […]

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XRP’s Bullish Formation Remains Intact After Reclaim of Crucial Support

The XRP price began an upward move on Sept, 24, and reclaimed a crucial support level from which it had purportedly broken down. This is a bullish sign that suggests that the price is likely to continue moving upwards.

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Bitcoin Giving Strong Bullish Signals, Markets to Roar Higher into Next Year

Today, Bitcoin is on the move, aiming for $11,000, currently trading around $10,915. Adding to this bullishness is all the dry powder. $20 billion worth of fiat is sitting on the sidelines in stablecoins, which has doubled since May.

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LINK Increases by More Than 40% in a Day: Relief Rally or New Upward Move?

The ChainLink (LINK) price increased by 41% on Sept. 24. While the price has broken out from a bullish pattern, the current movement is still more likely to be a correction than the beginning of a new upward movement.

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Binance Coin, Cosmos, Compound Price Analysis: 24 September

Binance Coin, ATOM, and even Compound registered a bullish bias after noting a drop on their charts over the last week. However, while Binance and ATOM hinted at a definite bullish move, the same mighThe post Binance Coin, Cosmos, Compound Price Analysis: 24 September appeared first on AMBCrypto.

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Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals

As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel.

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Uniswap Launches UNI Tokens, a Bullish Case for Ethereum

Uniswap has finally launched its native UNI token with yield farming rewards on four new pools. The move could be huge for Ethereum as it’s the primary pair in all of those pools. Token swapping DeFi protocol Uniswap has joined the farming frenzy with the long-awaited launch of its own UNI token.

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DOGE Continues Its Prolonged Consolidation

The Dogecoin (DOGE) price has been consolidating after a rapid pump and dump on July 10. Currently, there are no signs that suggest the price is likely to begin an upward or downward move. However, the DOGE/USD chart looks considerably more bullish than the DOGE/BTC one.

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Ethereum (ETH) Breakout Rejected: Long-Term Trend Remains Bullish

Despite a sharp drop at the beginning of September, the price move for Ethereum (ETH) is still intact. However, a short-term decline might occur before the price resumes its long-term upward movement.

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Two De-Fi Coins That Could Rally From Their All-Time Lows

The prices of two DeFi coins, DIA (DIA) and Mantra DAO (OM), recently fell to all-time lows. However, they both have legitimate bullish structures intact and could move upwards if they were to break out from their current resistance levels.

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Two DeFi Coins that Could Rally from Their All-Time Lows

The prices of two DeFi coins, DIA (DIA) and Mantra DAO (OM), recently fell to all-time lows. However, they both have legitimate bullish structures intact and could move upwards if they were to break out from their current resistance levels.

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Chainlink is Setting Up for a Move Higher as Bullish Signs Emerge: Analyst

Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action.

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This Textbook Signal Predicts Ethereum Has Room to Drop After 35% Correction

Ethereum has faced a strong correction over the past few days that easily overshadows Bitcoin’s move. From the local highs near $490 to the local lows, the cryptocurrency fell by over 35%, shocking most investors as they were bullish just days before.

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This Eerie Bitcoin Fractal Predicts a Move to $13,000 Is Imminent

Bitcoin is shooting higher as global markets drive higher as the U. S. dollar dips lower. The price of the leading cryptocurrency hit $12,000 on Tuesday. While a rejection was had at that pivotal resistance level, which has been a level to watch, analysts remain bullish.

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COMP Bounces at Important Support Level

The Compound (COMP) price has broken out from a descending resistance line and has created a bullish pattern. The price should continue moving upwards as long as it stays above $160. Breakout and Double Bottom The COMP price began an upward move on August 2, and on August 12, the price reached a high of […] The post COMP Bounces at Important Support Level appeared first on BeInCrypto.

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ICX Fails to Break Out Above Crucial Resistance Area

The Icon (ICX) price has made two unsuccessful attempts at moving above a long-term resistance level. Until it successfully breaks out above, the trend is bearish. Failure to Break Through Resistance The ICX price began an upward move in January 2020, creating four successive weekly bullish candlesticks in a row.

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Chainlink Just Tapped a Key Mid-Term Trendline; Analysts Expect Move to $18

Chainlink has seen mixed price action in recent weeks. Although its market structure remains firmly bullish over a mid-term and macro time frame, it has been expressing significant short-term bearishness that has not gone unnoticed.

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Bitcoin Dominance Rate Struggles to Stay Above 60%

The Bitcoin Dominance Rate (BTCD) has been on a correction course since May. It’s now beginning to show bullish reversal signs, and could soon initiate an upward move. Bitcoin Dominance Divergence At the beginning of August, the Bitcoin dominance rate fell below the long-term 62.

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ALGO Bounces at the $0.5 Support Level – Continuation Next?

The Algorand (ALGO) price has broken out from a long-term resistance level and validated it as support afterward. As long as the price is trading above this newly created support area, the price move is considered bullish.

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Ethereum Classic Momentum Fading After Breakout Rejection

The Ethereum Classic (ETC) price has been unable to close a higher-high since breaking down on Aug 2. Another short-term move to the downside is expected before the price can resume its bullish trend.

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This Bullish Continuation Pattern Suggests Bitcoin Could Rally Above $12,500

Bitcoin price gained nearly 5% and it tested the $12,500 resistance against the US Dollar. BTC is currently correcting gains, but technicals suggest more upsides above $12,500. Bitcoin broke the main $12,000 resistance area to start a strong upward move.

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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.

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Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin

Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before.

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DASH Price Analysis - Following the wider market

A move above the yearly pivot at US$90 should bring a Golden Cross and bullish continuation.

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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level

Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […]

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Bitcoin’s Option Market Is Now Skewed Bullish

Bitcoin’s price jumped to fresh 11-month highs on Friday with the options market betting on a sustained bull move.

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Bitcoin Could Hit $12K on Ethereum-Tailing Behaviour: Analyst

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern.

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Ethereum’s Swift Rally Shows Weakness After Failing to Reach $350

The Ethereum (ETH) price has broken out from a long-term resistance line, indicating that it has begun a bullish trend. However, the upward move is showing considerable weakness. A short-term retracement could occur before the price resumes its upward move.

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Ripple (XRP) Consolidating Gains: Here’s What Could Trigger Another Rally

Ripple extended its upward move towards the $0. 2500 resistance against the US Dollar. XRP price is currently consolidating gains above $0. 2400 and it might start another increase. Ripple gained bullish momentum above the $0.

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Bitcoin Attacks Range Highs as Analysts Target Move to $12,000+

Bitcoin has now entered a consolidation phase as it hovers above the $11,000 level. Buyers’ ability to establish this price level as support appears to be an overtly bullish sign for the benchmark digital asset.

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