Tag Archives: Triangle

[ad_2][ad_1] Following months of wildly erratic volatility, which saw the world 's dominant cryptocurrency experience of the most dramatic peaks and troughs in its ten – year history. It would be easy to assume BTC wants a quiet reflection and simply sit still for a while. After all, a similar …

[ad_2][ad_1] Long-term Outlook Weekly XRP Chart – Source: Tradingview.com A look at the weekly XRP chart shows that support for the discounted price in the $ 0.3 area rose sharply to $ 0.4. The price made a candle spinning top that indicates indecision in the market and followed with a …

[ad_2][ad_1] Daily XRP chart – Source: Tradingview.com Ripple's XRP regained its position as a second cryptocurrency by market capitalization after having passed the Ethereum cryptocurrency ether for the second time in the last two months. XRP outperformed Ethereum for the first time in mid-November among the downward swings in the …

[ad_2][ad_1] Long-term Outlook A look at the weekly chart for XRP shows that the discounted price support at $ 0.3 (formed from the highs of August until October 2017 and then the August lows until September 2018) and quickly reversed in the area near $ 0.4. The price has made …

[ad_1] The market is currently cooling to boost another potential move. Note the formation of the symmetrical triangle that is evolving on the Bitcoin map: A positive break of this formation could easily lead to a violation of the inversion line of the Head and the Reverse Shoulder. In this …

[ad_1] Bitcoin has formed lower highs and lower lows to create a symmetrical triangle pattern over its 4-hour time frame. The price has been tested recently and has rebounded to the top of the triangle, perhaps to try another interruption. The 100 SMA is above the longer-term SMA 200 to …

[ad_2][ad_1] XRP weekly logarithmic chart – Source: TradingView.com A look at the weekly chart in logarithmic form for XRP shows that the price fell in the support area by $ 0.25-0.30 and followed by a rebound. Price found resistance at $ 0.42 and formed a candle spinning top (yellow arrow) …

[ad_1] Ethereum (ETH) broke above the descending triangle from which it was traded from the beginning of December. This is seen as the beginning of a new trend and investors are already flocking to Ethereum (ETH) to get on board before the next bullfight. The last two years concerned the …

[ad_1] Ethereum was previously consolidating inside a symmetrical triangle model and broke under the support to signal that further declines are being processed. The price may be due to a quick withdrawal of the support before heading further south. The 100 SMA is below the 200 long-term SMA to confirm …

[ad_1] Bitcoin has made a triangular breakdown earlier but seems to find support in a larger triangle. The price has rebounded to the $ 3,800 area but it is doing another test and may try another pause. The 100 SMA is less than the 200 SMA in the longer term …