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Wedge

Last posts about wedge.


Bitcoin 16/04/21 22:00 by Tony Spilotro
Two Patterns, One Coin: Is Bitcoin Currently Bearish Or Bullish?
Bitcoin price is down from fresh all-time highs set this week ahead of the Coinbase Global Nasdaq public rollout, but there are still no signs of the bull run ending. A powerfully bullish pattern, how...
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Bitcoin 23/03/21 14:30 by Yashu Gola
Bitcoin (BTC/USD) Bounces Off 200-MA Support to Retest $57,000
Key Bitcoin Points Bitcoin rose ahead of the New York opening bell on Tuesday. Traders flocked to re-accumulate the cryptocurrency as it reached a classic support level. Trading inside a short-term f...
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Bitcoin 03/03/21 02:00 by Tony Spilotro
Bitcoin Shakes Off Dollar Rebound But Beware Of Coming Bear Phase
Bitcoin has barely flinched in the face of the dollar’s best attempt at a rebound in over a year. The greenback is trying to stage a comeback against the top cryptocurrency, which has left the g...
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Bitcoin 22/02/21 12:00 by Yashu Gola
Bitcoin Drops After Record-Setting Rally; Is Bearish Bias Returning?
Key Bitcoin Takeaways Bitcoin plunged by almost 5.5 percent on Monday after setting up a record high in the previous session. The one-day drop is the largest since February 10, pointing to extended i...
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Bitcoin 03/02/21 15:16 by Yashu Gola
Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges
Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched ...
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Altcoins 02/02/21 14:00 by Yashu Gola
Ethereum Nears All-Time High Despite Alarming Bearish Signals
Ethereum rose on Tuesday, partially because of its positive correlation with Bitcoin, the top cryptocurrency that also notched gains, and partially because the Chicago Mercantile Exchange will offer E...
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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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Altcoins 11/01/21 14:04 by Yashu Gola
Ethereum Analyst Predicts Record High against Eerie Bearish Setups
Ethereum’s native token ETH fell by more than 20 percent from its session high of $1,350 on profit-taking sentiment. While technical indicators point to further correction lower, one analyst bel...
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Altcoins 05/01/21 21:00 by Tony Spilotro
This Eerie Ethereum Fractal Suggests The Top Is In… For Now
Once Bitcoin finally began to cool off, capital began to flow into Ethereum causing an enormous breakout. The rapid rise took the altcoin to an over 50% increase in just two days, but a selloff stoppe...
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Other 23/12/20 13:59 by Yashu Gola
Synthetix (SNX) Hits Record High amid DeFi Correction; Here’s Why?
Synthetix’s native token SNX emerged victorious on the day its rival decentralized finance tokens turned lower. The SNX-to-dollar exchange rate hit a fresh record high of $8.68 on Wednesday as a...
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Altcoins 21/12/20 14:10 by Yashu Gola
Ethereum Weekly Setup Sees Price Near $980 by May 2021
Ethereum pared a small portion of its recent gains this Monday on profit-taking sentiment. The ETH/USD exchange rate fell by more than 6 percent to $595.22 ahead of the New York opening bell. The pair...
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Altcoins 17/12/20 12:20 by Yashu Gola
Ripple (XRP) Swells 24% After Bitcoin Record High; More Gains Ahead?
Ripple’s native token XRP is looking bullish again. Psychology The fourth-largest cryptocurrency by market capitalization was among the best performers Thursday as its price swelled by almost 24...
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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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Altcoins 10/12/20 02:00 by Tony Spilotro
This Bearish Chart Pattern Could Cut The Crypto Altcoin Market Cap by 50%
The top crypto asset has successfully set a new all-time high in 2020, but the promised altcoin season that was supposed to follow is nowhere to be found. And with Bitcoin’s momentum turning and...
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Bitcoin 07/12/20 15:17 by Yashu Gola
Bitcoin to Hit $22,000 If This Bearish Reversal Theory Plays Out
The cost to purchase one Bitcoin token can go up to $22,000 in the fourth quarter. That is possible if a textbook technical indicator plays out as it typically does. Dubbed as “Rising Wedge,&rdq...
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Other 19/11/20 12:50 by Yashu Gola
Yearn Finance (YFI) Pushes Past $27K after MakerDAO Integration
Yearn Finance’s governance token YFI surged Thursday as traders assessed its acceptance at MakerDao as a collateral asset. The YFI/USD exchange rate ascended 6.62 percent to $27,193, a multi-wee...
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Other 18/11/20 12:08 by Yashu Gola
Textbook Bullish Indicator Sees Yearn Finance (YFI) At $30K
Yearn Finance’s governance token YFI plunged Wednesday as traders secured their short-term profits from its supersonic rally. The YFI/USD exchange rate dropped 4.34 percent to $22,915 after form...
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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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Other 30/10/20 11:49 by Yashu Gola
Yearn Finance (YFI) Slips Below $10K in DeFi Bloodbath; Breakout Ahead?
A splendid beginning for Yearn Finance in the third quarter is coming to an end with a brutal sell-off. The yield farming aggregator suffered a major blow this week as its governance token, YFI, plung...
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Bitcoin 26/10/20 12:04 by Yashu Gola
Analyst Calls for Yearn Finance (YFI) Rally on Bitcoin’s Stabilization Signals
As Bitcoin catches a break after exploding above $13,000 last week, it’s mid-cap rival Yearn Finance (YFI) is looking to rally higher. The prediction comes from a pseudonymous analyst on Twitter...
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Other 22/10/20 13:00 by Yashu Gola
Yearn Finance (YFI) Hints Major Rebound as Its Pool Attracts $80M in a Day
Yearn Finance’s native token YFI showed fresh signs of recovery after crashing by up to 72 percent from its all-time high near $44,000. The decentralized finance cryptocurrency surged by as much...
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Other 28/09/20 15:10 by Yashu Gola
Cosmos Jumps 38%–Textbook Indicator Points to 70% Price Rally
Cosmos’s native token ATOM has surged more than 38 percent in the last five days, validating a textbook technical indicator that now predicts additional 70 percent gains for the cryptocurrency. ...
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Altcoins 22/09/20 13:00 by Yashu Gola
DEX Token UNI Trims Gains by Half in Brutal Sell-Off; Rebound Ahead?
UNI logged a rollercoaster opening session last week after rising by almost 2800 percent in just less than 24 hours. The token reached a record level of $8.59 following its free distribution among the...
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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 17/08/20 22:00 by Tony Spilotro
Bitcoin Dominance Readies Deadly Blow Against Altcoins, Indicator Says
Bitcoin is up over 70% year to date and its recent break through resistance at $10,000 helped propel altcoins toward even stronger ROI. Several altcoins are up well over a few hundred percent, beating...
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Other 14/08/20 15:00 by Yashu Gola
KNC Climbs 20% to Hit $2; Technicals Suggest Rally Towards $2.78
Kyber Network’s native token KNC appreciated enormously on Friday, with its price hitting $2 for the first time since May 2018. The 41nd-largest cryptocurrency market cap surged 20 percent in th...
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Crypto 10/08/20 21:06 by Tony Spilotro
Laws Of Parabola Suggest Surging BAND Crypto At Risk Of Deep Correction
Band protocol may be following in Chainlink’s fiery footsteps, rising nearly 9000% in the last few months. The crypto altcoin has gone fully parabolic, which has rewarded early investors handsom...
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Bitcoin 06/08/20 19:00 by Tony Spilotro
Why The Dollar’s Coming Dead Cat Bounce Could Be Devastating For Bitcoin
The dollar is in sharp decline, and it has allowed other currencies to gain the upper hand. It has also let Bitcoin, gold, altcoins, and other hard assets shine. But will a coming dead cat bounce in t...
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Other 05/08/20 15:00 by Yashu Gola
Binance’s BNB Hits 5-Month High on $3M IEO Announcement; What’s Next?
BNB, the native token of Binance crypto exchange, extended its rally on Wednesday to hit its five-month high. The latest upside move came after Binance Launchpad announced its support for a $3 millio...
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Bitcoin 26/06/20 15:00 by Yashu Gola
Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making ...
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