Top

Tag: Technical Analysis


Invest tech, Trading

Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound

July 8, 2024

Via: Bitcoin.com

Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $2,803, marked by a significant bullish candle reaching $3,096 before a slight pullback. A bullish engulfing pattern indicates a potential continuation of this uptrend, though the last few drops suggest […]


Invest tech, Trading

Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap

July 3, 2024

Via: Bitcoin.com

Bitcoin Bitcoin’s 1-hour chart highlights a downtrend from $63,211 to $59,544, demonstrating strong bearish pressure indicated by increased selling volume near the lows. Key support is noted at $59,544, with resistance around $63,211. Traders are advised to consider short positions […]


Invest tech, Trading

Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend

June 24, 2024

Via: Bitcoin.com

Ethereum Ethereum’s daily chart reveals a pronounced downtrend, with the price peaking at $3,980 and consistently forming lower highs and lower lows. Recent trading sessions show a sharp decline, closing at $3,225, accompanied by a significant increase in volume. This […]


Invest tech, Trading

Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance

June 10, 2024

Via: Bitcoin.com

Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price testing lower levels around $3,642 and struggling to maintain above $3,700. Key support is identified at $3,642, while resistance is around $3,722. Increased volume on the drop to $3,642 suggests […]


Invest tech, Trading

Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K

June 3, 2024

Via: Bitcoin.com

Bitcoin Bitcoin’s daily chart highlights a major uptrend starting in early May, peaking at $71,958, followed by a slight pullback and consolidation near the $68,000-$70,000 range. The daily chart shows support is firmly positioned at $66,000, with resistance at the […]


Invest tech, Trading

Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation

May 31, 2024

Via: Bitcoin.com

Bitcoin Bitcoin’s (BTC) daily chart reveals a market that has transitioned from a significant rally to a consolidation phase. After an impressive rise from $56,500 on May 1, to $71,958 on May 20, bitcoin’s price has fluctuated within a narrower […]


Invest tech, Trading

Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity

May 24, 2024

Via: Bitcoin.com

Bitcoin Recent trends in the daily chart reveal bitcoin (BTC) reaching a peak of $71,958 before retreating to its current price range. The volume has shown significant drawdowns, indicating selling pressure. Candlestick patterns, such as bearish engulfing, suggest potential reversal […]


Invest tech, Markets

Bitcoin Technical Analysis: Bulls Push Forward, Breaking Upper Resistance Levels

May 20, 2024

Via: Bitcoin.com

The daily chart indicates that bitcoin (BTC) is in a prolonged uptrend, having recently reached a high of $67,654. Key support is observed at around $56,500, a level tested during the most recent dip. Despite the strong bullish momentum signaled […]


Blockchain, Crypto

Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting

March 21, 2023

Via: Bitcoin.com

Bitcoin (BTC) was once again trading below $28,000, as traders consolidated recent gains ahead of the upcoming FOMC meeting. Following a high of $28,352.76 to start the week, BTC/USD fell to an intraday low of $27,439.65 earlier today. The move […]