Pattern

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

Source Node: https://cryptopotato.com/amount-of-bitcoin-stored-on-exchanges-at-lowest-point-since-may-2019/
Time Stamp: September 28, 2021 5:44 AM - Modified On: September 28, 2021 - Published By:
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On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have

Ethereum, Uniswap Price Analysis: September 27, 2021

Source Node: https://coingape.com/ethereum-uniswap-price-analysis-september-25-2021/
Time Stamp: September 27, 2021 1:10 AM - Modified On: September 27, 2021 - Published By:
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By John Isige Published 8 hours ago Updated 6 hours ago Ethereum leads altcoins into recovery after rebounding from last week’s crash to the 100-day SMA. Uniswap gains 35% in 24 hours, testing the $25 hurdle after leaving support at $17.5 in the rearview. The crypto market is making a comeback in the green with a bang as the week takes off. Trading over the week mainly favored the bulls after they defended crucial support levels last Friday. Volatility shot up following news that China has revolutionized crackdown on crypto

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

Source Node: https://beincrypto.com/gold-stocks-and-bitcoin-weekly-overview-september-3/
Time Stamp: September 3, 2021 2:54 AM - Modified On: September 3, 2021 - Published By:
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This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

Monero: Watch out for this key development before taking a position

Source Node: https://ambcrypto.com/monero-watch-out-for-this-key-development-before-taking-a-position/
Time Stamp: September 2, 2021 7:30 AM - Modified On: September 2, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline. However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up by 6%

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Source Node: https://beincrypto.com/bitcoin-btc-rebounds-aims-to-reclaim-51000/
Time Stamp: August 20, 2021 7:56 AM - Modified On: August 20, 2021 - Published By:
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Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

What you need to know about Bitcoin’s revival rally

Source Node: https://ambcrypto.com/what-you-need-to-know-about-bitcoins-revival-rally/
Time Stamp: August 16, 2021 2:00 PM - Modified On: August 16, 2021 - Published By:
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Even though an all-over bullish rally is still evident on the king coin’s one-day price chart, Bitcoin faced a major consolidation at the $47,250 level. The same raised concerns among investors about its rally. What Next At this point though, the good news is that Bitcoin is still rallying. But for BTC’s price to continue on this bullish path, it is imperative to assess circulating supply metrics to understand the future flow of the market.  Bitcoin has managed to climb above the $47K level after a short trip to the

XRP price chart ‘double bottom’ puts next bullish target at $1

Source Node: https://cointelegraph.com/news/xrp-price-chart-double-bottom-puts-next-bullish-target-at-1
Time Stamp: August 11, 2021 11:00 AM - Modified On: August 11, 2021 - Published By:
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Ripple's XRP token could hit $1 in the coming days, according to a classic technical chart setup.Dubbed a "double bottom," the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level — only to rebound again to the previous resistance line (also called the "neckline").Should the price close above the neckline, an extended move upward is anticipated, the length of which equals the total height between the neckline and the bottom level. It

Solana (SOL) Approaches Crucial Resistance Level

Source Node: https://beincrypto.com/solana-sol-approaches-crucial-resistance-level/
Time Stamp: August 5, 2021 8:00 AM - Modified On: August 5, 2021 - Published By:
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Solana (SOL) bounced at the $24 support area on July 20 and broke out from a descending resistance line nine days later.Sponsored Sponsored It’s now approaching a crucial resistance level near $38.50 which could determine the direction of the longer-term trend. SOL breaks out SOL has been increasing since bouncing at the $24 horizontal support area on July 20. On July 29, it broke out from a descending resistance line that had been in place since the May 18 all-time high.Sponsored Sponsored This led to a high of $37 on

BTC, ETH, XRP, ZEC, SNX, AAVE, BTT — Technical Analysis Aug 5

Source Node: https://beincrypto.com/btc-eth-xrp-zec-snx-aave-btt-technical-analysis-aug-5/
Time Stamp: August 5, 2021 6:48 AM - Modified On: August 5, 2021 - Published By:
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Bitcoin (BTC) has created a bullish engulfing candlestick and is making an attempt at reclaiming the $40,550 range high.Sponsored Sponsored Ethereum (ETH) has broken out from an ascending parallel channel and is attempting to move above the $2,860 resistance area. XRP (XRP) has been rejected by the resistance line of an ascending parallel channel.Sponsored Sponsored Zcash (ZEC) has broken out from a descending resistance line. Synthetix (SNX) is in the process of breaking out from the $10.30 horizontal resistance area. Aave (AAVE) has reclaimed the $310 horizontal resistance area.  BitTorrent

Avalanche (AVAX) Reclaims Support In Bullish Pattern — Will It Break Out?

Source Node: https://beincrypto.com/avax-reclaims-support-bullish-pattern/
Time Stamp: August 3, 2021 6:32 AM - Modified On: August 3, 2021 - Published By:
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Avalanche (AVAX) is trading inside a long-term descending wedge and has reclaimed the $11.50 horizontal support area.Sponsored Sponsored However, it’s also trading inside a short-term ascending parallel channel. Whether it breaks out from the resistance of the channel or gets rejected will likely determine the direction of the next move. Avalanche long-term wedge AVAX has been moving downwards since Feb 10 after reaching a high of $60.30. The decrease was initially gradual, accelerating after a lower high was created on May 7 (red icon).Sponsored Sponsored On June 22, it reached