breakout

Bitcoin: Why this might not be the ‘dip to buy’

Source Node: https://ambcrypto.com/bitcoin-why-this-might-not-be-the-dip-to-buy/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term. In line with that thought, we analyzed a few important signals that surfaced over the past 24-hours, that may act as key insights for the next few days. SMA tussle for Bitcoin? Source: Trading View

MATIC Rallies Considerably and Breaks Out Above Resistance

Source Node: https://beincrypto.com/matic-rallies-considerably-and-breaks-out-above-resistance/
Time Stamp: August 11, 2021 11:40 AM - Modified On: August 11, 2021 - Published By:
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Polygon (MATIC) has broken out from a descending resistance line and is attempting to clear the $1.42 horizontal resistance area.Sponsored Sponsored While technical indicators are bullish, the token has to reclaim this level in order for the trend to be considered bullish. MATIC breaks out MATIC had been following a descending resistance line since May 18. However, it bounced on July 20 and managed to break out from the line the next day. Sponsored Sponsored So far, it has reached a high of $1.388, doing so on Aug. 11. The high

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

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs

Source Node: https://cointelegraph.com/news/bitcoin-technicals-why-btc-price-breaking-48k-resistance-is-the-key-to-new-all-time-highs
Time Stamp: August 11, 2021 10:36 AM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential breakout above $48K certainly on the

Ben Carson, John Maxwell, Jack Brewer, David Sillaman, Ryan Klesko speaking at Liberty’s CEO Networking Summit in Lynchburg, VA.

Source Node: https://www.prweb.com/releases/ben_carson_john_maxwell_jack_brewer_david_sillaman_ryan_klesko_speaking_at_libertys_ceo_networking_summit_in_lynchburg_va/prweb18122613.htm
Time Stamp: August 10, 2021 3:15 AM - Modified On: August 10, 2021 - Published By:
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The Networking the Nations Summit will take place on campus Aug. 10-12, 2021 and will bring in a titanic collection of American business superstars and capital and marketing experts. LYNCHBURG, Va. (PRWEB) August 10, 2021 The Liberty University School of Business, in partnership with Liberty’s Standing for Freedom Center, is set to orchestrate yet another groundbreaking summit, bringing in former U.S. Secretary of Housing and Urban Development and founder and chairman of American Cornerstone Institute Ben Carson, and NY Times Bestselling author and speaker on business leadership John Maxwell, as

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

Here’s when you can set up buy trades if you’re an EOS trader

Source Node: https://ambcrypto.com/heres-when-you-can-set-up-buy-trades-if-youre-an-eos-trader/
Time Stamp: August 3, 2021 6:30 AM - Modified On: August 3, 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 The impetus provided by Bitcoin’s resurgence above $40,000 was critical to the altcoin market. With alts relying heavily on the king coin’s movement since the 19 May market decline, BTC’s rally was definitely a sigh of relief. EOS, like most of its competitors, rallied on the back of BTC’s uptick. However, failing to stay above a crucial resistance level led to a slight downtick. At the time of writing,

What Changed in Crypto Markets While You Were Sleeping — Aug 3

Source Node: https://beincrypto.com/what-changed-in-crypto-markets-while-you-were-sleeping-aug-3/
Time Stamp: August 3, 2021 4:43 AM - Modified On: August 3, 2021 - Published By:
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BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20.  However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

High Volatility for Cardano, 60% Price Move Coming

Source Node: https://coinquora.com/high-volatility-for-cardano-60-price-move-coming/
Time Stamp: July 24, 2021 8:25 AM - Modified On: July 24, 2021 - Published By:
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Altcoin News Two critical price points will determine Cardano’s price movement. To be optimistic, rising above the $1.30 resistance level can take ADA to $2.00. However, if the $1.00 support fails, investors may have to prepare for a 60% crash. In a twisted turn of events, Cardano’s dormant stance could be heavily challenged by it coming closer to the peak of a consolidation pattern. This means that the chances for a groundbreaking price move are high. By this, we just mean that Cardano’s fate, and by extension the fate of

Ethereum Classic (ETC) Struggles to Overcome $7.50 Resistance

Source Node: https://beincrypto.com/ethereum-classic-etc-struggles-to-overcome-7-50-resistance/
Time Stamp: December 21, 2020 5:21 AM - Modified On: May 21, 2021 - Published By:
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Ethereum Classic (ETC) is currently making another attempt at breaking out above $7.50, something it has struggled to do since May. The price action and a variety of technical indicators suggest that ETC will be successful in breaking out.   Ethereum Classic Long-Term Support Levels ETC has been following an ascending support line since November 2018 and has validated it four times since. Since April 2020, ETC has also made several breakout attempts above the $7.50 resistance area, which is the 0.382 Fib retracement level of the most recent downward