Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800
Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […]
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Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. One crypto-asset analyst noted that as long as Ethereum holds the $350 region, it could move towards $700 in the long term. The chart suggests that the prices in the vicinity of $350 are of macro importance. Namely, in […]
Dogecoin remains in bullish territory, with key technical indicators indicating further upside potential. Despite recent market fluctuations, the meme coin holds above crucial Ichimoku levels, suggesting that history may once again favor the bulls as momentum builds for another leg higher. Dogecoin Holds Firm Above Kumo and Kijun-Sen Trader Tardigrade, in his latest Dogecoin Ichimoku Daily Analysis posted on X, presented a highly bullish view. According to his findings, the price of DOGE remains positioned above both the Kumo (Cloud) and the Kijun-sen (Base Line). This particular alignment....
Ethereum briefly bounced back from its critical support zone, but the bears resumed their attack. The second crypto by market cap has returned to an area that must be defended to prevent further losses. Related Reading | TA: Ethereum Revisits $2.8K, Why Upsides Might Be Limited At the time of writing, Ethereum (ETH) trades at $2,840 with a 3% loss in the last 24-hours. The general sentiment in the market has been trending to the negative as Bitcoin, Ethereum, and larger cryptocurrencies experience more downside. However, some experts have been providing bulls with hope as long as the....
Crypto analyst Trader Tardigrade has revealed a bullish pattern that has formed on the Bitcoin chart. Based on this, the analyst explained how the Bitcoin price could rally to as high as $113,000. Bitcoin Bullish Pennant Could Send Price To $113,000 In an X post, Trader Tardigrade mentioned a bullish pennant that had formed on the Bitcoin chart. The analyst remarked that the BTC price is still preparing for the next pump with this bullish pattern. A bullish pennant indicates the continuation of an uptrend following a brief consolidation period. Related Reading: XRP Price Rockets Past....
A legendary ETH trader who once turned a modest $125,000 into more than $43 million has seen nearly his entire fortune vanish following the latest Ethereum price decline. According to reports, the trader went long on ETH during the recent bull rally but was liquidated, leaving his balance at $771,000 as prices retraced sharply from […]