Tag: moving averages
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 the…
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 the…
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 roughly…
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 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 that…
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, until…
