8 Green Candles: Here’s What Happened The Last Time In Bitcoin
Bitcoin has now had 7 consecutive daily green candle closes this month. There have been a couple of 7 consecutive daily candle closes. But so far there has been no eight. The last time there were 8 consecutive daily candle closes, bitcoin price saw a price run-up that saw the price moving out of the $20,000 price range into the $30,000. BTC price movements after 8 consecutive daily candlesticks | Source: Twitter The chart above outlines the movement of the market the last time this happened. The run-up had started last year in 2020 and continued into 2021 before tapering off in....
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Bitcoin's last six monthly candles have closed green, tying its previous record streak for bullish monthly candles. Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. Should history repeat, Bitcoin may enjoy further parabolic gains this year. In April 2013, Bitcoin closed at roughly $140 after posting six green monthly candles. While the markets would retrace to less than $100 over the next two months, Bitcoin would then surge 700% over the following six months and tag prices above $1,000 for the first time.BTC/USD since 2012, 1m candles:....
An analyst has pointed out how Dogecoin has just seen a short-term buy signal on the same indicator that captured the latest local top in its price. TD Sequential Has Just Formed A Buy Signal For Dogecoin In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal that has appeared in the hourly price chart of Dogecoin. The TD Sequential is an indicator from technical analysis (TA) that’s used to locate potential reversal points in an asset’s price. The indicator works by counting up candles printed in the same color. These candles may or may....
An analyst has pointed out how Solana (SOL) has just seen a buy signal on the same indicator that earlier called for selling XRP (XRP). Solana Has Seen A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has discussed about a Tom Demark (TD) Sequential signal that Solana has displayed on its daily price chart. The “TD Sequential” here refers to an indicator from technical analysis (TA) that’s used for locating probable points of reversal in an asset’s price. Related Reading: Bitcoin Traders Fearful For First Time Since October: Buying Signal?....
Daily chart data shows the strength of the current rally as a longstanding resistance level finally shows signs of falling. Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin seals 10 green candles in first since 2012Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining for a tenth straight day across exchanges, reaching $42,420 on Bitstamp.A subsequent cooling-off preserved most of the gains, with Bitcoin circling $41,900 at the....
A cryptocurrency analyst has pointed out how the Tom Demark (TD) Sequential has just given a buy signal on the hourly XRP price chart. XRP Has Just Witnessed A Bullish Setup On TD Sequential In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that XRP has seen recently. The “TD Sequential” here refers to an indicator from technical analysis (TA) that’s used for locating probable points of reversal in any asset’s price. The indicator consists of two phases: setup and countdown. In the first of these, candles of the same polarity (that....