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Litecoin is forming a descending triangle above last week’s inverted head and shoulders pattern. The 1H chart shows price holding support at 4.85, while the highs are declining. As we...
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Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of the week, but did not have...
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Bitcoin began the week bearish, falling from last week’s high of 534 to 470 this week. For most part of the week, price consolidated roughly between 470 and 490. Then...
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Inverted Head and Shoulders Complete: During 9/3 and 9/4 session, litecoin was building an inverted head and shoulders pattern, which indicated that price was looking for a bottom. During the...
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Consolidation Breakout: Bitcoin fell from 523 last week to a low of 470 this week. After consolidating between 470 and 490 for a few sessions, price rallied sharply and broke...
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Litecoin fell from last week’s high of 5.89 to 4.75, which is the low so far this week. The 1H chart shows a market that is turning bearish at least...
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Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100, until late October when it started...