2022-6-7 21:38 |
BTC and altcoins flashed green at the weekly open, but overhead resistance levels will continue to pose a challenge in the short-term.
Similar to Notcoin - Blum - Airdrops In 2024
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BTC and altcoins broke above their overhead resistance levels, but the actions of traders will determine whether bulls are back in control.
2022-2-5 22:13 | |
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Bitcoin and most major altcoins have started a strong recovery that could reach overhead resistance levels where bears may mount a strong defense.
2022-1-13 23:00 | |
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Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has turned negative.
2021-11-23 22:12 | |
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Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.
2021-10-7 20:46 | |
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Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending.
2021-8-7 21:31 | |
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Continued selling at overhead resistance levels suggests that Bitcoin and altcoins could remain range-bound in the short term.
2021-6-5 21:20 | |
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Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum.
2021-5-27 22:24 | |
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The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels.
2021-4-11 21:32 | |
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Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control.
2020-11-12 23:35 | |
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Bitcoin surged to $13,950 at the time of writing. There was no overhead resistance for Bitcoin past $14k, till ATH near $20k. While this euphoric development, there is a possibility that BTC experiencThe post Crypto.
2020-11-1 23:30 | |
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Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened.
2020-10-31 21:50 | |
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A 2,800 BTC sell wall on Binance heightens the chance of a sell off and is keeping Bitcoin price trapped below $11K.
2020-10-6 18:56 | |
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Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels.
2020-10-6 21:42 | |
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Bitcoin and altcoins may hit a few roadblocks in the short-term as they near stiff overhead resistance levels, but the overall trajectory remains bullish.
2020-9-29 21:16 | |
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Bitcoin and several altcoins are trying to break out of their respective overhead resistance levels in order to restore bullish momentum.
2020-9-15 22:51 | |
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Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon.
2020-8-30 21:57 | |
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The Bitcoin (BTC) price has been decreasing since it reached a high of $9,379 on July 7. Today, it broke out from a descending wedge, but could not sustain the higher prices. Bitcoin Short-Term Breakout The hourly chart for BC reveals that the price has been decreasing since a high of $9,379 reached on July […] The post Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance appeared first on BeInCrypto.
2020-7-8 11:55 | |
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Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […]
2020-5-7 21:00 | |
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Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near.
2020-4-16 04:00 | |
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The holidays are now done and over, and Santa has headed back to the North Pole to wait for next year to begin bringing gifts once again. However, if the ETH/BTC price chart is any indication, Ethereum holders may get a belated gift early in the new year, with a massive break of overhead resistance.... The post appeared first on NewsBTC.
2020-1-6 20:00 | |
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It’s been a decade since Bitcoin first came into existence, rising from the meltdown of the 2008 financial recession. The growth of the leading cryptocurrency has been a slow and steady one until now.
2019-8-9 20:46 | |
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Bitcoin appears to have finally broken out of the period of consolidation that has played out over the last week, as mentioned in a previous BTC analysis. Traders question the sustainability of this recent breakout as volume levels remain low.
2019-7-31 17:09 | |
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On July 16, the downward trend was corrected at the support of the $9,400 price level. On the upside, if the bulls break the EMAs, the coin will resume another bullish trend to retest the $13,000 overhead resistance.
2019-7-29 06:47 | |
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Overhead descending resistance forming on Bitcoin could develop a descending channel taking price levels down to $9,000 over the coming week. This would allow for sideways consolidation to take place around $9,000, which is a key historical psychological support/resistance level allowing volume to rush back into the Altcoin market.
2019-7-1 20:17 | |
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The hurdle to jump over is the $9,400 overhead resistance. From the Fibonacci retracement level, the BTC market is trading above the 0.236 and 0.382 Fib. retracement levels. BTC/USD Medium-term Trend: Bullish Resistance Levels: $9,000, $9,200, $9,400 Support levels: $8,800, $8,600, $8, 400 Yesterday, June 19, the BTC price was in the bullish trend zone. […]
2019-6-20 05:26 | |
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On the upside, a bullish break at the $8,800 price level could propel the price to rally above the $10,000. On the downside, if the bulls fail to break the $9,000 overhead resistance, the BTC market will resume its range bound move between price levels.
2019-6-15 09:13 | |
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The bulls have broken above the EMAs to reach the bullish trend zone. The crypto’s price is likely to rise to retest the $9,000 overhead resistance. From the Fibonacci tool, the BTC price is in the 0.
2019-6-14 09:34 | |
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From the Fibonacci tool, the crypto’s price is in the 0. 382 (38. 2%) Fib. retracement level. This is the continuation zone for a trending market. On the upside, if the $7,500 support level holds, the BTC price will resume its upward move to retest the overhead resistance level.
2019-6-11 06:26 | |
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On the downside, if the bears eventually break the $7,500 price level, the market will fall to the lows of $7,000 or $7,400 price level. On the upside, if the $7,500 support level holds, the BTC price will resume its upward move to retest the overhead resistance level.
2019-6-10 05:37 | |
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The $2. 200 overhead resistance forms the upper price range, More buyers than sellers are needed at the upper price level. LSK/BTC Long-term Trend: Bearish Resistance levels: $2. 2000, $2. 4000, $2.
2019-6-9 00:16 | |
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On the upside, if the bulls break the $9,000 price level, the crypto’s price will rise and reach the next overhead resistance of $10,000. On the downside, if the bulls fail to break the $9,000 price level, the coin may reach the low of either $8,000 or $8,200 support level. BTC/USD Medium-term Trend: Ranging Resistance […]
2019-6-3 10:51 | |
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Summary:The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze.
2019-5-14 00:43 | |
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Summary:After breaking out of a macro reaccumulation range, the market saw a small pullback that led to a retest of prior resistance that is now being respected as support.
2019-4-26 23:13 | |
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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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A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.
2019-3-23 01:23 | |
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Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.
2019-3-19 01:17 | |
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Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.
2019-3-16 01:56 | |
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Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support.
2019-3-1 03:44 | |
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Bitcoin price has had a blistering start to the week up 10. 6%, hitting highs on Tuesday of $4,000, stirring some distant memories of the 2017 bull runs. We take a pause mid-week to consider what might be next now we have already hit the target discussed on Monday.
2019-2-20 19:00 | |
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As can be seen from the chart above, RSI(14) is still on its way up. As a result of this, the price of BTC has somewhat re-corrected itself. Additionally, it can also be seen that the overhead resistance zone is currently pegged at around $4.
2018-12-24 18:34 | |
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Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.
2018-12-12 01:52 | |
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An uneasy sentiment looms overhead for all cryptocurrency markets. This past week’s massive dip has shifted the “long vs short” margin positions quite a bit. With the weekend upon us, now is a good time to see how speculators envision the future price movements of all top currencies.
2018-9-8 18:00 | |
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BTC-USD BTC successfully crossed the $6,500 resistance line on August 17 and held it over the weekend. On Monday, however, the price dropped back down to the same old $6,300 to $6,500 price corridor.
2018-8-24 19:30 | |
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom).
2018-7-18 01:36 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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