Tag: bitcoin signals

  • BTCUSD Chart from TradingView
    Technical

    Bitcoin (BTC) Price Watch: Reversal Pattern Confirmation on SEC Order

    Bitcoin Price Key Highlights Bitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline. A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650. Technical indicators, however, are reflecting bullish exhaustion....

    Sarah Jenn | September 21, 2018 | 4:16 am
  • Technical

    Bitcoin (BTC) Price Watch: New Bullish Channel Forming

    Bitcoin Price Key Highlights Bitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart. Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600. There are nearby inflection points at the...

    Sarah Jenn | September 19, 2018 | 4:01 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

    Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are showing that...

    Sarah Jenn | September 18, 2018 | 3:52 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Bullish Reversal Pattern Forming?

    Bitcoin Price Key Highlights Bitcoin price appears to be gaining some traction off its recent bounce, possibly forming another double bottom. This is a classic reversal formation, so a rally could be due once price breaks past the $7,400 neckline. Technical indicators, however, are suggesting that the selloff...

    Sarah Jenn | September 17, 2018 | 3:35 am
  • Technical

    Bitcoin (BTC) Price Watch: Bearish Pullback Underway?

    Bitcoin Price Key Highlights Bitcoin price appears to be gaining a bit more traction on its bounce off the triangle support. Price could be ready to test the triangle resistance again, and this lines up with the 61.8% Fib level. Technical indicators are suggesting that the rallies could...

    Sarah Jenn | September 13, 2018 | 5:01 am
  • Technical

    Bitcoin (BTC) Price Watch: Still Some Selling Pressure Left?

    Bitcoin Price Key Highlights Bitcoin price is still consolidating inside its falling wedge pattern seen on the daily time frame. Price tumbled sharply upon hitting resistance and is setting its sights back on the bottom. There’s also strong support around the $6,000 mark, which explains why bitcoin price...

    Sarah Jenn | September 12, 2018 | 3:33 am
  • technical analysis bitcoin
    Bitcoin

    Bitcoin (BTC) Price Watch: Tight Battle Between Bulls and Bears

    Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators are suggesting that a downside move is more likely to happen...

    Sarah Jenn | September 11, 2018 | 4:54 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: More Bears Waiting to Join In?

    Bitcoin Price Key Highlights Bitcoin price recently made a sharp tumble, breaking below an ascending trend line connecting the lows since mid-August. Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with the broken support. Technical indicators are...

    Sarah Jenn | September 7, 2018 | 4:56 am

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