Bitcoin Price Technical Analysis - Headed for $300?
Bitcoin Price Key Highlights. Bitcoin price has slowly been gaining ground against the U. S. dollar, thanks to weaker expectations of a Fed interest rate hike before the end of the year. Price is moving inside an ascending channel forming on the longer-term time frames, suggesting that bullish momentum is just getting started. Bitcoin price is stalling at an area of interest near the moving averages but might be able to sustain its upside momentum after bouncing off the channel support. Resistance at $280. Price is currently testing resistance near $280, as this lines up with the dynamic....
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Dogecoin Price Key Highlights. Dogecoin price is moving in a much larger range compared to its previous tight short-term consolidation. Price seems to have bounced off the bottom of the range around 43 to 44 Satoshis and may be headed back to the top. Dogecoin price stepped up its volatility in the recent trading range, breaking below its short-term consolidation but still unable to make further headway south. Headed for resistance? Technical indicators on the 1-hour chart of dogecoin price suggest that it is headed back towards resistance at 48 Satoshis. Stochastic is pointing north,....
Bitcoin price could be due for another test of the short-term range support, with technical indicators supporting a bounce. Bitcoin Price Key Highlights. Bitcoin price has been treading carefully inside a tight range visible on its short-term charts. Price seems to have lost bullish momentum and is headed for the bottom of the range at $601.50. Technical indicators are hinting that losses could be kept in check. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA on this time frame, hinting that the path of least resistance is still to the upside. In fact, bitcoin....
Bitcoin price headed higher earlier today, in what looked like a return to advance. However, there is a technical reason to believe that the current price correction is incomplete. 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: 14h30 UTC. BTCC 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price has found support at a long-term support and resistance level (dashed grey). Consolidation may now happen above this....
Bitcoin price could be due for a test of the channel support once more, with technical indicators confirming a potential bounce. Bitcoin Price Key Highlights. Bitcoin price is still inside its ascending channel pattern after getting rejected on its attempt to break past the resistance. Price could be headed for the channel support for another bounce higher. Technical indicators suggest that the uptrend could carry on. Technical Indicators Signals. The 100 SMA lines up with the channel support around $665, adding to its strength as a potential floor. In addition, the 100 SMA is safely above....
Bitcoin price found support at the bottom of its ascending channel and looks prime for another test of resistance. Bitcoin Price Key Highlights. Bitcoin price went for a test of the channel support as predicted in an earlier article and a bounce took place. This signals that price could be headed back to the channel resistance to carry on with its uptrend. A fresh round of risk aversion could keep bitcoin in demand but technical indicators are giving mixed signals. Technical Indicators Signals. The 100 SMA is above the 200 SMA so the path of least resistance is to the upside. This suggests....