Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K
The cryptocurrency could break the six-figure mark in Q4, one firm said.
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Nov 15, 2021 at 11:48 a.m. UTC
Nov 15, 2021
Technical Analysis
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Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.
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Bitcoin Decline Could Stabilize at $60K Support
Short-term upside appears to be limited given the loss of upside momentum.
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Nov 12, 2021 at 9:21 p.m. UTC
Nov 12, 2021
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Ether’s Key Metrics Paint Bearish Picture: Santiment
The crypto’s active addresses and trading volumes have diverged from its rising price
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Nov 12, 2021 at 7:11 a.m. UTC
Nov 12, 2021
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Bitcoin Could Find Support at $56K-$60K
Upside momentum is starting to slow, especially given recent overbought signals on the charts.
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Nov 11, 2021 at 7:36 p.m. UTC
Nov 11, 2021
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Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K
Intraday charts are showing initial signs of upside exhaustion.
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Nov 10, 2021 at 10:20 p.m. UTC
Nov 10, 2021
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Bitcoin Rally Stalls; Could Find Support at $63K-$65K
Buyers could return on price dips into the Asian trading session.
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Nov 9, 2021 at 6:40 p.m. UTC
Nov 9, 2021
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ETH-BTC Chart Points to Ether Leadership Ahead
Ether can take lead against bitcoin towards the year-end, one analyst said.
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Nov 9, 2021 at 6:12 p.m. UTC
Nov 9, 2021
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Bitcoin Breakout May Have Further to Run, Altcoins Also to Gain, FSInsight Says
Litecoin, algorand and chainlink are all likely to strengthen following recent breakouts.
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Nov 9, 2021 at 11:56 a.m. UTC
Nov 9, 2021
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Bitcoin Holds Support at $60K-$65K, Testing All-Time High
Upside momentum is improving after a two-week consolidation phase.
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Nov 8, 2021 at 9:07 p.m. UTC
Nov 8, 2021
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Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K
Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.
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Nov 5, 2021 at 8:47 p.m. UTC
Nov 5, 2021