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Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
26.6.2024
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where...
FET signals a bullish reversal pattern
23.4.2024
Investors at Fetch.ai are optimistic that FET will draw out a reversal pattern on the chart. A bull run is likely to be triggered following Bitcoin Halving, considering the correlation is 0.85. Most importantly, whales have demonstrated a shift in their sentiments from HODLing to accumulation...
Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?
12.10.2023
In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.
As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.
Particularly in...
XRP Price Today: Will It Withhold the Bullish Reversal?
23.9.2022
During this market turmoil, when most cryptos are observing an outflow, XRP is heading for the $0.6 mark, breaking all resistances for the short term. It is bullish because of its community sentiment. The long legal case between the Security and Exchange Commission (SEC) and Ripple Labs will...
Gnox Gains Over 60% with Analysis Suggesting x100, While BTC & ETH Showing Signs Of Bullish Reversal
1.7.2022
The newly released altcoin Gnox (GNOX) has entered the market with surprising momentum, surging its price by 60% in presale. Analysts believe that this newcomer DeFi cryptocurrency will grow its value 100 times. The groundbreaking Gnox, built on the successful Binance Smart Chain, is the reflecting...
SOL price eyes 75% rally as Solana paints a bullish reversal pattern
28.6.2022
SOL's interim upside target is near $47, up about 20% from its current price
Dogecoin price could rally 20% in July with this bullish reversal pattern
27.6.2022
DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history
Avalanche price eyes 30% jump in June with AVAX's classic bullish reversal pattern
6.6.2022
But AVAX price is also forming a potential descending triangle that can spoil the upside chances
Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally
23.2.2022
Ethereum attracted roughly 18.36 million new addresses to its network in 2021
Bitcoin 'Doji' points to bullish reversal scenario as BTC holds $36K support
28.1.2022
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction
Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish reversal
14.10.2021
The inverted head and shoulders pattern hints at a decisive breakout move in the Polkadot market
Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
15.6.2021
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action
Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
10.6.2021
A stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal
3 key on-chain metrics point to a bullish reversal in Ethereum price
6.10.2020
DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal
Bitcoin Price Key Pattern Is Suggesting 68% Chance of Bullish Reversal
18.11.2019
A falling wedge pattern for Bitcoin price suggests a 68% chance of a bullish reversal in the short-term