Tag Archives: Bearish

Following the incredibly bearish selloff witnessed by Bitcoin and the aggregated crypto market yesterday, buyers have stepped up and supported the markets, allowing BTC and most other altcoins to put some distance between their recent lows. The market’s ability to establish some strong support above its recent lows seems to …

Ethereum failed to settle above the $170 resistance and bitcoin struggled above $8,700. ETH price is currently declining and it seems like it could decline heavily if it breaks $162. Ether price is starting to move into a bearish zone below $165 against the US Dollar. Bitcoin price is declining …

Over the past seven days, Ethereum (ETH) has exploded higher, gaining 20% according to price data from Coin360. This meant that it outperformed Bitcoin (BTC), which gained 9% within the same time period. ETH has actually underperformed a swath of other altcoins, some of which saw massive parabolic rallies in …

Around 12 hours ago as of the time of this article’s publishing, Bitcoin (BTC) closed its weekly candle. Arguably, it was bullish, for over the past seven days, the leading cryptocurrency has lept from $7,300 to as high as $8,450, marking a surge of 15%. Related Reading: Crypto Tidbits: Elon Musk …

Bitcoin has managed to hold above the $7,000 level until the end of the year but could turn bearish in the short term the new year begins. Tether price action has been weak since July 2019 and it is not a good sign for BTC. USDT and Bitcoin Demand Correlation …

Bitcoin price is slowly declining and recently tested $7,100 against the US Dollar. The price is currently recovering, but likely to face hurdles near $7,280 and $7,320. There was a break above a major bearish trend line with resistance near $7,185 on the hourly chart of the BTC/USD pair (data …

At the turn of the month, analysts were quick to check Bitcoin’s charts, checking if any of their indicators signaled that bears remained in control of the cryptocurrency market. Unfortunately for bulls, indicators did. Per previous reports from NewsBTC, November’s monthly candle close resulted in the Moving Average Convergence Divergence …

After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD …

Here are 5 simple bearish Japanese candlestick patterns that every trader must know Source link