Bitcoin will react to the decline due to the death cross that will take place soon between the 50-period simple moving average and the 200-period simple moving average, according to daily trading parameters. Next supports: $25009.81; 24544.33; and $23147.88. Perhaps the liquidations that will take place on the 13th due to the FTX exchange will cause many to open...
Monthly parameters suggest that #Bitcoin #BTCUSD could touch $22,942.81. Price is being forced into a weekly correction that has led to volume loss, #volatility and low sentiment. However, for the upward trend to continue it is necessary to break the resistance of $27724.91, which was rejected a few days ago. Bearing in mind the aforementioned correction, a...
Ethereum (ETH) price is struggling to consolidate above $1,700. This Monday, February 20, is the fifth consecutive day that Etherum has passed that level, but in the previous days it has not been able to close above said price. As of this writing, ETH is trading at just $1,708, on TradingView records . The highest level in recent days was recorded on February 16,...
The breakout (on a weekly basis) for Bitcoin to reach $27894.21 is actually at $25059.88 and $25199.99. The death cross, that is: crossing the EMA200 with the EMA50; It was executed exactly the last week of January with a weekly closing on January 30. If there was a channel opening at that death crossing, that is, an accumulation channel between the prices of...