A picture representing analytics can be seen below: The BTC/USD currency pair has gone up as I had anticipated and its value has achieved the initially planned upside objective at the rate of $18.000. Upward momentum still remains strong. Advice on trading: The market is showing signs of strength, indicating.
The H4 chart shows that the sentiment for BTCUSD is bullish, given that the price is above the Ichimoku cloud, indicating a bullish market. Furthermore, the price is within an ascending channel, which suggests the bullish trend is likely to continue. In this case, the price could move towards the.
Investigating from a technological standpoint: Analyzing the data on a technical level. An image of analytics is depicted here, providing insight into the data-driven world. The concept of analytics is illustrated to give an understanding of the use of data to inform decision-making. This morning, BTC/USD has been trading upwards.
The price of Bitcoin rallied in the last hours and now is trading at 17,350 at the time of writing. You knew from my previous analysis that the cryptocurrency maintains a bullish bias and it could approach and reach new highs. The cryptocurrency increased by 1.35% from yesterday’s low of.
Looking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add support to this bias, price is also within a bullish ascending channel. If this bullish momentum continues, expect the price to possibly.
Technical analysis: BTC/USD has been trading upside as I expected and the price did price broke out of the well defined trading range, which is good sign for the further upside movement. Trading recommendation: Due to the breakout of the defined trading range and natural pullbacks, I see potential for.
Ripple is trading in the green at 0.3539 at the time of writing. The altcoin is fighting hard to resume its growth as BTC/USD and ETH/USD rallied. I’ve talked about an upside reversal in a previous analysis, but we still need confirmation. XRP/USD increased by 5.32% from yesterday’s low of.
Bitcoin breaks its weeks-long silence and bullishly bursts into its first working week after the holidays. The cryptocurrency reached the $17.1k level, and continues its upward movement to the $17.4k level. It is important to note that the increase in trading activity occurred on Sunday. Bitcoin managed to consolidate above.
Technical analysis: BTC/USD has been trading upside and I found breakout of the multi-week defined trading range, which is good sign that buyers are in control and that there is chance for further upside movement. Trading recommendation: Due to the breakout of the trading range in the background, I see.
BTC/USD is trading in the red at 16,736 at the time of writing. It has turned to the downside signaling that the swing higher ended and that the sellers could take the lead. Bitcoin dropped by 1.60% from Wednesday’s high of 16,984 to 16,712 today’s low. Still, in the last.
Technical analysis: BTC/USD has been trading downside this morning and I found the breakout of the defined trading range, which is good sign for the further downside movement. Trading recommendation: Due to the breakout of the trading range and rejection of the resistance zone, I see potential for the further.
Crypto Industry News: The past year can definitely be classified as unsuccessful for bitcoin. The negative effects of the onset of the cryptocurrency winter were also strongly felt by miners extracting the first cryptocurrency. Industry analysts predict that many people from the BTC mining market will join forces to reduce.