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Ethereum price is trading with a positive bias above the $180 and $185 levels against the US Dollar. ETH is likely to continue higher towards $200 or $220 in the near term.Ethereum is trading in a bullish zone above the $180 pivot area against the US Dollar.The price climbed higher
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Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within various candlestick patterns. Knowing how to interpret candlesticks adds insight to the signal provided by
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Bitcoin price is slowly declining and recently tested $7,100 against the US Dollar.The price is currently recovering, but likely to face hurdles near $7,280 and $7,320.There was a break above a major bearish trend line with resistance near $7,185 on the hourly chart of the BTC/USD pair (data feed from
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Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures.Data covering various metrics shows that despite recent price volatility, Bitcoin has held strong throughout its eleventh anniversary year.Investors echo that resolve — as the
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Bitcoin on Monday was trading above $7,500 as sellers showed signs of exhaustion near a crucial support area.The cryptocurrency could swell further to test $8,000-8,500 area, according to textbook technical indicators.A gap on the CME’s daily Bitcoin Futures chart hints a revisit to $7,200.Bitcoin opened this week at records as
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Bitcoin is looking to undergo a strong price reversal to the upside, according to technical analyst Crypto Cred.The prominent crypto trader theorized his bullish sentiment based on a so-called “BTC Reversal Pattern Structure.” In a tweet published on Thursday, Cred showed bitcoin in three widely distanced yet identical price behaviors.Bitcoin
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Ethereum is down more than 6% and it broke the key $140 support area against the US Dollar.The price tested the final bearish target near the $132 and $130 levels.There is a short term contracting triangle forming with resistance near $133 on the hourly chart of ETH/USD (data feed via
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After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar.The price is currently trading in a bearish zone just above the $7,000 support area.There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data
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As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns worth learning and understanding — some of the most essential bearish patterns are discussed below. It is important to note,
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Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground
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