Bitcoin Surged 80% Last Time This Signal Appeared. It’s Almost Back
Bitcoin has undergone a strong rally since the $9,800 lows seen in September. As of this article’s writing, the leading cryptocurrency trades for $11,400. Some fear that this is just a bear market bounce that will result in a reversion to the lows. A crucial technical indicator suggests that this is not the case, that this is a true breakout. In fact, it shows that if Bitcoin moves above $11,500 in the near future, it […]
Related News
Bitcoin has seen an immense rally over the past few weeks, rallying as high as $14,100. Bitcoin remains up 25% in the past two weeks. Analysts think that BTC is poised to rocket even higher in the weeks ahead despite a failure to establish $14,000 as support. The cryptocurrency’s 200-day moving average recently set a new all-time high after doing so in May or June of 2018. This bullish signal was last seen in 2016, […]
The latest Bitcoin uptrend is its most powerful yet, and while momentum has clearly been up for some time, an ominous sell signal has appeared. And while the cryptocurrency has shown little signs of slowdown, the top-sniping signal that perfectly called the 2019 peak is back again. Will this sequence-based signal result in near flawless […]
Litecoin is trading at around $200… still. The altcoin has failed to set a new all-time high like Bitcoin, Ethereum, and others in the top ten have, yet it has clung onto the ranks for its entire lifetime. A signal has appeared – across several of the highest timeframes – that could suggest that the […]
LUNA’s price still risks correcting, however, with a weakening RSI and decreasing trading volume. A technical setup that preceded an 80% price rally in the Terra (LUNA) market in August 2021 has appeared again.LUNA paints bullish MACD crossoverThe technical setup involves a so-called “signal line crossover” between LUNA’s weekly MACD line — equal to the difference between the token’s 12-week and 26-week moving averages (MA) — and the nine-week MA called the signal line, plotted above the zero line, as shown in the chart below.LUNA/USD weekly MACD illustration. Source: TradingViewTogether,....
Bitcoin price has made a decent recovery from the lows put in around $28,888 and the yearly open, but still has ways to go to catch up the all-time highs. A buy signal could trigger just days from now, according to the creator of the tool – crypto expert and founder of Capriole Investments Charles Edwards. Not only is this buy signal significant, it has a reputation for being Bitcoin’s most profitable. Expert Says Generational Buy Signal Is In The Cards Over the last few months, Bitcoin experienced one of its largest bull market crashes on record – enough to get the market to....