Tag: triangle
Bitcoin and Litecoin Staying Resilient
Bitcoin Reverses after Breakout Bitcoin started the week with a bearish breakout, falling below last week’s low of 470, and thus opening up a bearish…
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 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,…
