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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Tron [TRX] up 8.26%, Among Today’s Top Large Cap Cryptocurrency Performers – Inverse Head & Shoulders Pattern in Play?

Tron is one of today top large-cap cryptocurrency performers with only Bitcoin Private and Noah Coin above it on CoinMarketCap’s top 100 Market Capitalization. Tron is currently up 8. 26% for the day according to TradingView and looks to be building an inverse head and shoulders pattern. дальше »

2018-10-7 20:09