Cryptocurrency Analysis and News Portal
Bitcoin (BTC) delivered more surprises into Oct. 14 as the reaction to macro triggers saw a sudden run at $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks, crypto smoke shortsData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to one-week highs, gaining almost $2,000 in hours.After the United States Consumer
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Here’s how to spot a bull trap with some tell-tale indicators that one is on the way: RSI divergence A high RSI might be an indication of a potential bull or bear trap. A relative strength index (RSI) calculation may be used to identify a possible bull or bear
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Ethereum's token Ether (ETH) could be entering a "bull trap" zone after rebounding back above the $1,000 mark from 18-month lows of $885. Ether price paints a "rising wedge"The first among these indicators is a "rising wedge," a classic bearish reversal setup that forms after the price trends upward inside a
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As a difficult proposition for novice traders, a bear trap can be recognized by using charting tools available on most trading platforms and demands caution to be exercised. In most cases, identifying a bear trap requires the use of trading indicators and technical analysis tools such as RSI, Fibonacci
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The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable. Even though
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Ethereum's native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token's next selloff move could turn into a bear trap as the market factors in the possible release of the Merge this coming August.ETH to $4K?Ether's price could reach
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Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDXY celebrates as stocks, crypto tumbleData from Cointelegraph Markets Pro and TradingView painted an unsettling picture for hodlers as BTC/USD fell to
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Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“All assets suffer” at hands of rampant dollarData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency trading at $39,200 on Bitstamp at the time
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Uncle Sam may collect tax on every loan and repayment of cryptocurrency which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. Original Source
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A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup.Solana price risks dropping to $60Dubbed head-and-shoulders (H&S),
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