Tag: trendline
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 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 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…
Litecoin – Will it Confirm the Inverted Head and Shoulders?
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…
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…
