Tag: consolidation
Altcoin News
Ethereum Ends July As One Of The Best Performing Assets: Charts Flash Warning Signs For $4.5k
Ethereum is now one of the best performing assets on all fronts, with analysts comparing it to a “90s tech stock”. $4.5k next? Ethereum is...
Bitcoin News
Bitcoin and Litecoin Awaiting Breakout from Consolidations
Bitcoin and Litecoin have been consolidating after last week's decline. While the cryptocurrencies seem resilient at their current levels, the prevailing downtrends are still...
Bitcoin News
Bitcoin Consolidating Between 379 and 431
Consolidating after Decline:
Bitcoin fell from a high around 480 last week, to 379 on Friday before consolidating. The 1H chart shows btcusd rallying to...
Bitcoin News
Bitcoin Tests Bullish Outlook; Litecoin Rallies Above Resistance
Bitcoin rallied from a low of 456.30 to begin the week to 492 before retreating. Note that this bullish attempt broke above a falling...
Litecoin News
Litecoin Awaits Breakout from Fractal Triangles
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...
Bitcoin News
Bitcoin is Testing this Week’s Price Bottom
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...
Bitcoin News
Bitcoin Breaks Above Consolidation; Resistance Factors Tested
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,...
Litecoin News
Litecoin Awaiting Breakout from Consolidation
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...
Bitcoin News
Will Bitcoin Remain Bearish?
Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100,...
