Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on the daily time frame. Price has once again been rejected at the triangle resistance, so it might be setting its sights back on support.
The 100 SMA is below the longer-term 200 SMA on this daily time frame to indicate that the path of least resistance is to the downside. This confirms that resistance…
Bitcoin (BTC) Price Analysis: Buyers to Defend Channel Floor?
March 11, 2019
Bitcoin is still trending higher as it forms higher lows and higher highs inside an ascending…
Bitcoin (BTC) Price Analysis: Another Attempt at Neckline Break?
March 8, 2019
Bitcoin might be making another attempt to confirm the long-term double bottom reversal pattern as…
Bitcoin (BTC) Price Analysis: Bounce or Break at Area of Interest?
March 7, 2019
Bitcoin is currently hovering at an area of interest at the middle of its range on the 1-hour time…
Stellar (XLM) Price Analysis: Falling Wedge Formation
March 6, 2019
Stellar has formed lower highs and slightly lower lows to create a falling wedge formation on its…
Bitcoin (BTC) Price Analysis: Bulls Defend Area of Interest, Upside Targets
March 6, 2019
Bitcoin looks ready to resume its earlier rally as it found bullish energy at an area of interest or…
Ethereum (ETH) Price Analysis: Major Reversal Pattern?
March 5, 2019
Ethereum could be in for more declines as it forms a double top on its 4-hour chart. Price is just…
Bitcoin (BTC) Price Analysis: Next Downside Targets
March 5, 2019
Bitcoin recently broke below a bearish flag continuation pattern to signal that further losses are…
Bitcoin (BTC) Price Analysis: Breakout Levels to Watch
March 4, 2019
Bitcoin is still stuck in tight consolidation, bouncing off support around $3,835 and resistance at…
Bitcoin (BTC) Price Analysis: Make or Break Levels
March 1, 2019
Bitcoin is still hovering at the area of interest right on the ascending trend line visible on the…
