This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement
фото показано с : ethereumworldnews.com

2020-1-22 21:31

Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection,... origin »

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following rejection movement bitcoin come days resulted

Источник: ethereumworldnews.com

following rejection → Результатов: 19


Bitcoin Price Analysis: Pullback After Rejection at $8.3K Has a Silver Lining

Bitcoin price analysis is showing BTC/USD consolidating inside a pennant pattern, but which way will it break after being rejected at $8,300? Bitcoin price (BTC) has had a wild ride over the last 7 days, printing a new YTD-high at $8,388, experiencing a heavy flash crash the following day, only to then recover back above $8,000 again.

2019-5-20 17:00


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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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If the UK holds a second Brexit referendum, can it protect it from trolls and astroturfers?

March 29, the day upon which the UK will leave the European Union, feels nail-bitingly close. Adding to the anxiety is that with the twice-fold rejection of Theresa May’s withdrawal deal, the UK is heading in one of two directions: the first is a chaotic no-deal Brexit, and the second is a second referendum, which would put the terms of the UK’s departure to a public vote.

2019-3-15 00:17


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.

2019-3-13 22:26


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

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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