Bitcoin Price Sure Can Haul Chart Distance
Trade has held the Bitcoin price around $260 and 1600 CNY for most of the day. Yesterday's strong sell-off has rearranged the chart and its prospects. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h02 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The chart gives the impression that the low is in. However, the corrective structure does not resemble previous ABC downside corrections, and the....
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Bitcoin price has been wasting everybody's time while the market conceded to jittery [high volume] trade in the CNY exchanges. China may be the world's second largest economy, but it is not the first. US traders and their European prodigenators can establish dominance in the chart, if they think themselves big. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h10 UTC. OKCoin 3Mth 1-Hour Caart. From the analysis pages of xbt.social,....
Litecoin rises 2.92 percent to $3.098 as it breaks away from the consolidation phase which lasted for 7 consecutive days. This is also the highest closing level for Litecoin in over a month. The rise in Litecoin could also be partly attributed to a strong surge in Bitcoin on the back of a strong momentum breakout. Helped by the price jump, Litecoin is now in the sniffing distance of a crucial overhead resistance which we discussed in the previous Litecoin analysis In a Fix? Below are the latest technical considerations taken from the daily LTC-USD price chart. Helped by the price jump,....
A confirmed head and shoulders pattern on SOL’s daily chart points toward a drop to $70. Solana (SOL) price may fall to $70 a token in the coming weeks as a head and shoulders setup emerged on the daily timeframe and possibly points toward a 45%+ decline.The chart below shows that SOL price rallied to nearly $217 in September 2021, dropped to a support level near $134 and then moved to establish a new record high of $260 in November 2021. Earlier this week, the price fell back to test the same $134-support level before breaking to a 2022 low at $87.73.SOL/USD weekly price chart featuring....
The Bitcoin price has advanced throughout both the Asian and European sessions today. Going into the US session price is still advancing with the first signs of divergence starting to show in RSI and MACD. Update 14h00 UTC. Apologies, Readers. I had incorrectly stated that the 1.618 target was at $495 on the Bitstamp chart when it is actually at $492.72. The upper trendline, shown on the 15-minute Bitstamp chart further below, cuts through $495 but does not overlap with the 1.618 level. Price has hit the weekly pivot R1 just below our upside target and should now retrace. Let's await....
The bitcoin price fell sharply today but holds above $700 support. Sell-offs will happen and we look for support levels that will provide support for building the next wave of advance. A sizeable $70 drop in the Bitstamp chart, today, as speculators took profit for various reasons: end-of-week, futures settlement, technical signals or just plain caution. Bitcoin price has covered just over $200 and 1,300 CNY during the past week – a large distance and encouraging advance. It is unclear how deep the current pullback will decline. Price is well above support at $680 but is some distance away....