The price has returned to validate the breakout level since and is expected to continue moving upwards.   Bitcoin Turns On the Heat The BTC price had been trading inside a symmetrical triangle since Nov 18. Yesterday, the price broke out from this triangle, returned to validate it as support (shown with the green arrow … Continued

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  Bitcoin Parabolic Ascending Support The Bitcoin price has been following a parabolic ascending support line since the beginning of September. On Nov 18, the price seemingly stalled by creating a spinning top candlestick, suggesting that a reversal might occur. However, BTC continued to move upwards and is in the process of creating another bullish … Continued

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The Bitcoin (BTC) price created a bullish engulfing candlestick on Nov 5, reaching a high of $15,570 to mark a 10% gain...

On Oct 11, the DASH price broke out from a descending wedge. After validating it as support, the price resumed its upward move on Oct 19. Unless the $66 support area fails, the price should continue rallying. Breakout From Long-Term Wedge DASH has been falling since Aug 16, when the price reached a high of […]

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On Oct 19, the Bitcoin (BTC) price initiated an upward move, finally breaking out from its consolidation phase that had lasted for the entirety of the previous week. At the time of press, BTC was approaching the Sept 3 highs of $11,940. Bitcoin Breaks Out Bitcoin had been struggling to move above the 0.786 Fib […]

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The Waves (WAVES) price is trading at a crucial resistance level, a breakout above which would go a long way in supporting the possibility of a bullish trend. However, technical indicators are neutral, and the wave count suggests that the price is more likely to decline in the short-term. Trading Range The WAVES price has […]

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The Bitcoin (BTC) price initiated a failed bounce once it reached the minor support level at $11,266. After another possible short-term decrease, the price is expected to resume its upward movement. Bitcoin Approaches Support On Oct. 12, the BTC price reached a high of $11,731. Te high was combined with significant bearish divergence in the […]

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ICON (ICX) has broken out from a descending wedge and is expected to move towards the closest resistance area. The ICX price has been increasing since December 2019. The increase has transpired through two main upward moves, the second of which caused a breakout above the $0.45 area, which had been providing resistance since March […]

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On Oct 8, the ChainLink (LINK) price broke out from a descending resistance line that had been in place for 52 days. While a short-term decline could occur, the price should resume its upward move afterward. LINK Breaks Out From Resistance The LINK price has been moving downwards since it reached a high of $20.71 […]

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On Sept 20, the Bitcoin (BTC) price was rejected at a critical fib level and dropped sharply the next day. If...

The Bitcoin (BTC) price reached a local high of $10,940 on Sept 15, but was rejected by an important Fib level resistance...

What a weekend it was for Bitcoin. The primary cryptocurrency had breached to the 5-digit territory and concluded over $1000 addition to its...