Tag: moving averages
Bitcoin News
Bitcoin Pulls Back; Litecoin Challenges Downtrend
Cryptocurrencies bitcoin and litecoin have been bearish in 2014. While bitcoin continues its bearish mode, litecoin is consolidating, with signs of life. Let's take...
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 Falls Below 400 and Litecoin Stalls at 4.00
Bitcoin in Bearish Continuation after the FOMC Event
Bitcoin is continuing a downtrend that accelerated this week. The 4H chart shows a market that has been...
Bitcoin News
Bitcoin Falls to a 4-Month Low; Litecoin Stalls
Bitcoin price (BTCUSD) started the week at about 480. It has been falling sharply, and as we get started with the 4/18 US session,...
Bitcoin News
Bitcoin Threatening the 456 September-Low; Litecoin Stalls
Bitcoin remains bearish as we can see on the 4H chart.
- The 200-, 100-, and 50-period simple moving averages (SMAs) are sloping down, in...
Bitcoin News
Bitcoin Turning Bearish with a Mini Range Breakout
Sideways Market:
Bitcoin has been trading sideways in the past week or two. In the 1H BTCUSD chart you can see a market that has...
Bitcoin News
Bitcoin Threatening Bearish Continuation; Litecoin Hanging on
Bitcoin (BTCUSD)Bitcoin was a bit choppy this week. After falling below last week's consolidation low of 470, bitcoin found support at 456 and rallied...
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...
Bitcoin News
Bitcoin and Litecoin Staying Resilient
Bitcoin Reverses after BreakoutBitcoin started the week with a bearish breakout, falling below last week's low of 470, and thus opening up a bearish...
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 Threatening Bearish Continuation
Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of...
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...
