Is Bitcoin's "bottom" reached? Bitcoin Descending Triangle Analysis 🔥 The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If...
Bitcoin Descending Triangle Analysis 🔥(Update) The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches...
BTCUSDT "Ascending Triangle" The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price...
Bitcoin Falling Wedge Analysis 🔥🔥🔥 The above chart of Bitcoin ( BTC ) laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish...
Ethereum (ETH) Current Market Status According to CoinGecko, the price of Ethereum (ETH) is $1,295.25 with a 24-hour trading volume of $7,480,811,788 at the time of writing. However, ETH has increased by nearly 0.8% in the last 24 hours. Moreover, Ethereum (ETH) has a circulating supply of 120,914,876 ETH. Currently, Ethereum (ETH) trades in cryptocurrency...
Babydoge Price Prediction 2022 A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in...
Chennai Petro Falling Wedge Analysis 🔥🔥🔥 The above chart of Chennai Petro laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish...
Bitcoin Descending Triangle Analysis 🔥 The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower...
SHIBINU(SHIB) Price Prediction 2022 Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. Currently, SHIBINU(SHIB) is in the...
Bitcoin Descending Triangle Analysis 🔥 The above chart of Bitcoin(BTCUSDT) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower...
BTCUSDT "Ascending Triangle" Breakout The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level ,...
The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency in the market. Though the reason for the fall remains unknown, investors are petrified even at the...
Bitcoin on Fire 🔥🔥🔥 The above chart of Bitcoin (BTC) laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern...
Bitcoin’s Recent Surges Resume the Uptrend, Will It Continue? BTC registered a sudden increase of 4.92% in the past 24 hours. Major altcoins have also attained a significant price increase. According to CMC, the price of Bitcoin (BTC) is $20,226.13 with a 24-hour trading volume of $35,984,764,261 at the time of writing. However, BTC has increased by...
Algorand (ALGO) Price Prediction 2022 Algorand (ALGO) holds the 33rd position on CoinGecko right now. ALGO price prediction 2022 is explained below with a daily time frame. The above chart of Algorand (ALGO) laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects...
"Volume and Price" Trend Relationship📈 Price Up and Volume Up ✅ The volume trend has supported the uptrend movement. Therefore, we can look for buying opportunities. Price Up and Volume Down ✅ The volume trend has not been supported the uptrend movement. Therefore, we can exit our long position Price Down and Volume Up ✅ The volume trend has...
Bitcoin "Inverted HNS"🐻 Currently, Bitcoin ( BTC ) is in the range of $20175. If the price breaks the Inverted HNS support,then it may fall to $19655 or If the price breaks neckline resistance, it has the potential to reach $21030. Are you expecting a bull🐮 or bear 🐻 move? Comment your view below 🐮 🐻
Bitcoin "Are you ready, bulls?"🐂 Currently, Bitcoin (BTC) is in the range of $20420. If the price breaks the trend line support,then it may fall to $20100 or If the price breaks resistance, it has the potential to reach $21100.\ Are you anticipating a bull🐮 or bear 🐻 move? Comment your view below 🐮 🐻