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Reversal

Last posts about reversal.


Bitcoin 24/06/21 20:13 by Tony Spilotro
Bitcoin Bulls Bring Out Hammer Of Thor Reversal, But Support Must Hold
Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short lived dip below support finally resulted in a worthwhile bounce, leaving behind ...
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Bitcoin 11/06/21 19:03 by Tony Spilotro
Why Bitcoin Could Slingshot Back To Lows Before Gaining Momentum
Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could ta...
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Bitcoin 09/06/21 20:20 by Tony Spilotro
Bitcoin Daily Dragonfly Doji Gives Bulls Hope Of Sharp Reversal
Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a large follo...
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Bitcoin 07/06/21 20:02 by Reynaldo Marquez
Bear Market Bottom Fractal Says Bitcoin Could Soon Bump And Run
No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at...
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Bitcoin 30/04/21 17:04 by Tony Spilotro
Bears Salivate As Bitcoin Monthly Close Leads To Indecision
Bitcoin price is back above $56,000 once again, after a tug-of-war between bulls and bears has led to a bit of a stalemate just as the April monthly comes to a close. The monthly candle at current lev...
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Bitcoin 20/04/21 23:03 by Tony Spilotro
Potential Island Reversal Leaves Bitcoin Bulls Stranded
Months ago when Bitcoin price made it through $13,000 top analysts said “the train has left the station,” and they were right. Or maybe a rocketship would have been a better analogy. The c...
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Altcoins 08/04/21 03:00 by Tony Spilotro
How Bitcoin Dominance Bullish Engulfing Could Signal An End To Altcoin Season
Bitcoin price is diving currently, shaking up the crypto market as a whole. In addition to the correction in the top cryptocurrency by market cap, altcoins have taken an even more severe beating. With...
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Bitcoin 29/01/21 14:02 by Yashu Gola
Bitcoin Eyes $41,000-Retest as Two Indicators Confirms Bull Run
Bitcoin bulls should brace for a wild upside run towards $41,000. According to Scott Melker, crypto trader and host of WOAS Podcast, the cryptocurrency’s sharp rebound from $32,000 to above $38,...
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Bitcoin 21/01/21 21:00 by Tony Spilotro
Evening Star: Reversal Pattern Could Sunset Bitcoin Price Action For Weeks
Bitcoin has now retraced as much as $11,000 and 27% from its 2021 peak, and while the current high might not be the top for this bull run, it could send price action headed downwards for a few weeks b...
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Bitcoin 11/01/21 21:00 by Tony Spilotro
Bitcoin Bloodbath: How The Dollar Turned A Sea of Green Red
Today, Bitcoin has experienced one of its deadliest single-day drops on record in terms of dollar amount moved. And the reason behind it could be the greenback itself. Dollar sentiment is at extreme l...
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Other 14/12/20 14:24 by Yashu Gola
SushiSwap Analysis: Rising Wedge on 4H Keeps SUSHI Bulls Uncertain
SushiSwap’s native token SUSHI lost its higher bids entering the new weekly session Monday as its price fell 4.47 percent. As of 1236 GMT, the SUSHI/USD exchange rate was $2.2813, having bounced...
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Bitcoin 09/12/20 15:22 by Tony Spilotro
Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential
Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left ...
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Other 06/11/20 22:00 by Cole Petersen
It’s the “Moment of Truth” for Chainlink as Price Taps Key Parabolic Trendline
Chainlink has flashed some immense signs of strength throughout the past few days, with the cryptocurrency rallying towards its $12.00 resistance as its price continues seeing immense upwards momentum...
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Other 03/11/20 12:38 by Yashu Gola
3 Reasons Why Yearn Finance (YFI) Fell Below $10K — Recovery Ahead?
Yearn Finance’s native token YFI debuted with an explosive price rally, surging from zero to over $44,000 in just 45 days of trading. But as hopeful traders anticipated an extended bull run towa...
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Bitcoin 18/10/20 01:34 by Nick Chong
Analyst Who Predicted V-Shaped Reversal Thinks Bitcoin Will Hit $12k
Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3.4% below the highs. Analysts remain...
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Altcoins 09/10/20 03:00 by Tony Spilotro
XRP: Three Heads Are Better Than One, But Could Mean No New ATH Until 2023
XRP continues to lag behind the rest of the market, but an inverse head and shoulders pattern has investors hopeful that the altcoin will soon outperform Bitcoin, Ethereum, and others finally after a ...
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Other 24/09/20 23:00 by Cole Petersen
Chainlink Forms Classic Reversal Pattern as Analysts Eye Further Upside
Chainlink saw a bout of capitulation yesterday that came about after a multi-week downtrend. This came in the form of a sharp decline that sent its price reeling from highs of $20.00 to lows of nearly...
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Other 22/09/20 05:00 by Nick Chong
Chainlink (LINK) Just Formed a Pivotal Bullish Reversal Signal After 50% Drop
Chainlink has undergone a strong rejection over the past few days, following in the footsteps of other cryptocurrencies. The coin trades down 13% in the past 24 hours, slipping below $9 for the first ...
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Bitcoin 21/09/20 19:42 by Tony Spilotro
How The Dollar (DXY) Index Is Responsible For Today’s Bitcoin Carnage
Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is pure carnage. Gold fell below $1900, and stocks are downward spiraling. And behind it all is the dollar. ...
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Bitcoin 17/09/20 19:00 by Tony Spilotro
This Signal Could Suggest Latest Bitcoin Rally Was A Bull Trap
Bitcoin price rebounded hard from $10,000 and in a flash already found itself back above $11,000. Thus far, the key level couldn’t hold, and now signs are appearing that could suggest the rally ...
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Bitcoin 15/09/20 19:00 by Tony Spilotro
Did Bitcoin Just Confirm It’s Largest Reversal Pattern In History?
All eyes are on Bitcoin and more specifically if the cryptocurrency is able to hold above both the “meme” downtrend line and the critical level of $10,000. The asset thus far has held stro...
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Bitcoin 15/09/20 04:00 by Cole Petersen
Bitcoin Address Activity Points to Ongoing Trend Reversal
Bitcoin’s fundamental strength has been growing in recent weeks, which is starting to be reflected in its price action. After an extended bout of technical weakness as BTC traded within the lower-$1...
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Bitcoin 07/09/20 22:00 by Tony Spilotro
Bitcoin Is Sandwiched Between Two Important Short-Term Targets
As tempting as a Bitcoin sandwich may sound, its a stressful moment for investors who find the cryptocurrency at a pivotal level. The asset is currently holding at $10,000, but two targets Bitcoin is ...
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Bitcoin 04/09/20 04:00 by Cole Petersen
Bitcoin’s “Social Volume” is Spiking; Here’s What This Means for BTC
It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In ...
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Other 02/09/20 22:00 by Tony Spilotro
This Chainlink Competitor Could Soon Drop After 50% Rally
Following in the flaming hot footsteps of Chainlink, its closest competitor, fellow decentralized oracle solution Band Protocol had an incredible few month rally. The asset shot up to set a new all-ti...
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Altcoins 31/08/20 22:00 by Tony Spilotro
This Signal Says Ethereum Could Lead Alts Off A Cliff
Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400...
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Other 30/08/20 23:00 by Nick Chong
After Parabolic Rally, Cosmos (ATOM) Just Formed a Textbook Sell Signal
Cosmos (ATOM) has been one of the best-performing crypto assets of the past few weeks. The prominent altcoin has gained dozens of percent against the dollar and against BTC over recent weeks, setting ...
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Mining 27/08/20 22:00 by Tony Spilotro
XRP Flashes Buy Signal At Bottom Of Potential Falling Wedge Pattern, Breakout Imminent
From the August monthly open to the high, XRP recorded nearly 25% gains on the month. Unfortunately for Ripple investors hoping for a new bull run, the altcoin was only able to hold onto just 1% of th...
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Altcoins 27/08/20 12:00 by Nick Chong
Textbook Signal Is Predicting a Stunning Reversal For Ethereum & Altcoins
Ethereum has seen a strong correction from the highs it has seen earlier this month. After peaking at $440, the asset has slid to $385 as of this article’s writing. ETH’s retracement comes...
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Bitcoin 26/08/20 19:00 by Tony Spilotro
“Upside Reversal” In Bitcoin Possible, Here’s What To Watch For
Yesterday, Bitcoin suffered a crash that took the asset back down to $11,107 at the low on Coinbase. After a small rebound leaving a wick behind, BTCUSD closed the daily back inside the Bollinger Band...
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