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Bitcoin has broken out and its price finds itself in chartered territory. Can BTC maintain its bullish momentum?
Currently, trading volume has remained relatively subdued, making it crucial for any potential breakout at resistance to be validated by strong buying pressure. Volume and market participation thus ...
In our previous update from June 10, when Bitcoin (BTC) was trading at around $108760, we showed by using the Elliott Wave (EW) Principle, that “either Bitcoin’s correction is over (green W-2 low) or ...
A Bull flag pattern is forming, targeting $136K, which aligns with the 3rd of the 3rd wave target for the rally that started early April. Figure 1. Bitcoin’s daily price chart with our preferred ...
A textbook 'double top' pattern has formed on the chart of NRG Energy (NRG). This patterns are bearish. A new downtrend may have formed.
Nifty Prediction Monday Next Week 19 May 2025: Nifty 50 daily chart shows formation of a small red candle. Experts said that Nifty has formed a breather type pattern. Experts said that Nifty ...
Two Chart Patterns Mirror BTC's Rally to $109K Key bearish indicators recently trapped bears on the wrong side of the market in a pattern observed in August-September 2024.
Shiba Inu price has formed a W pattern, also known as a double-bottom, which often triggers more upside. More gains are usually triggered when the price surges above the neckline of this pattern, in ...
We start our forecast with the standard Fibonacci-based impulse pattern, which tracked well until the current decline. However, the bull market from the 2020 low can morph into an ending diagonal.
Bullish Gartley patterns look like an M, while bearish patterns look like a W. In each, we have our five points: X, A, B, C, and D. A harmonic chart pattern, based on Fibonacci numbers and ratios. The ...
This corrective phase was characterized by a W-X-Y pattern, with the price bottoming out near the $0.22 (0.786 Fibonacci retracement) level on Feb. 3, before stabilizing.