Bitcoin Price In Choppy Waves
Bitcoin price declines reluctantly and has not achieved a new high since Sunday. Successive lows are printing in the chart and the bulls seem to be using each as an enthusiastic buying opportunity, making for a jagged decline. Since Sunday’s high price has been making lower highs and lower lows, but the decline is proceeding with difficulty. At the smaller timeframes price can be seen to swiftly retrace each wave to a new low by almost 90% of its length. Either the decline is in its early stages and the bulls are still reluctant to concede, or this downward move is corrective and will be....
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Key Highlights. Dash prices continue to consolidate in a choppy manner, but with a slight bullish sentiment. An ascending channel formed on the hourly chart, which if broken might open the doors for more gains in the short term. It looks like our long observed head and shoulders pattern is not valid, as the right should is taking too much time and waves. Channel as a Catalyst. We followed a Head and Shoulders pattern from the past two days on the hourly chart, but it looks like it is not shaping up nicely. There is a choppy price action underway, and the formation of the right shoulder of....
The Waves protocol (WAVES) price has remained in a channel against Tether (USDT) as it attempts to break out of this trend. Despite the recent shift in the market trend, Waves protocol (WAVES) has shown little to no significant movement, as many altcoins rallied and produced double-digit gains. (Binance data) Related Reading: Bitcoin Trading Hikes On DBS Digital Exchange Despite Crypto Winter The Weekly Chart Analysis For WAVES Protocol (WAVES) According to the chart, WAVES hit a weekly low of $4.2, then bounced back to $5. Considering its all-time high of more than $60, this isn’t....
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....
The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside. Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors.WAVES price risks another 30% decline WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a key support confluence, hinting further correction.Notably, the confluence comprises WAVES' 50-day exponential moving average (50-day EMA; the red wave) and the 61.8% Fib line of....
Here's a look at what we are focusing on in the bitcoin price this morning. Tuesday’s here, and as things turned out, we had a pretty interesting night’s worth of trading in the bitcoin price last night. Not because price moved considerably, or anything like that, but because we got some choppy action that fell in line with our breakout levels. Normally, choppy action is a real pain. It gets us into trades and then ends up taking them out again almost right away. That’s what stop losses are for, and it’s a pain but something we just have to accept. However, last night’s choppy action fell....