Tag Archives: Breakout

Bitcoin price analysis (BTC): pending a wedge breakout

[ad_1] Bitcoin has formed higher and higher minimums to consolidate within an increasing wedge in its 1 hour time frame. The price is approaching the peak of its formation to signal that a breakout could occur soon. The 100 SMA is above the 200 long-term SMA to indicate that the …

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The breakout is close, but which way?

[ad_2][ad_1] Given that the price of Litecoin is approaching significant resistance in this analysis, we will discuss a possible direction of a breakout. Analysis Looking at the LTC / USD daily chart we can see that Litecoin's price is in a very difficult situation. Since May 6, the price has …

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Price Analysis of Ethereum (ETH): Triangle Breakout Alert!

[ad_1] Ethereum broke under the bottom of its symmetrical triangular consolidation on the 1-hour chart to signal that bearish moves are in the cards. The price may be due to a pullback of the broken support, which is approaching a new downward trend line. Applying the Fibonacci retracement tool to …

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Bitcoin miners see a bullish breakout on the horizon

[ad_1] <div _ngcontent-c16 = "" innerhtml = " Bitcoin Miners See a bullish upside at the horizon iStockPhoto Bitcoin's price rose above $ 8,000 last Tuesday for the first time from May after a Group 20 meeting (G20) in Argentina ended with little urgency to undertake a regulatory action on …

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