Traders Blog - Analysis, Strategies, News and more: Tag - Prices

Bitcoin rebounding continues – will the downtrend reverse?!
Crypto

Bitcoin rebounding continues – will the downtrend reverse?!

Bitcoin rebounded last week. Bitcoin price is above $21,000 currently though there is widespread belief it will fall below $20,000. A glance at the daily chart reveals Bitcoin is trading sideways currently. However, the bulls have not overtaken bears...

Author:
Ara Zohrabyan
Published on: 27.06.2022 17:22 (UTC)
239
Bitcoin rebounds – still in downtrend though!
Crypto

Bitcoin rebounds – still in downtrend though!

Bitcoin retreat continued last week. Bitcoin price is above $20500 currently, after falling under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the oversold zone. That explains t...

Author:
Ara Zohrabyan
Published on: 20.06.2022 17:28 (UTC)
59
Bitcoin back in downtrend – traders close to capitulation!
Crypto

Bitcoin back in downtrend – traders close to capitulation!

Bitcoin reversed the rebound last week and renewed the downtrend again! Bitcoin price is below $24000, considerably under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the overso...

Author:
Ara Zohrabyan
Published on: 13.06.2022 17:28 (UTC)
58
Bitcoin reversed the downtrend – set to rise!
Crypto

Bitcoin reversed the downtrend – set to rise!

Bitcoin reversed the downtrend last week! Bitcoin price is about to move above $31,400 – continuing on a new bullish leg that will take it back into the uptrend channel that it broke out to the downside four weeks ago!  Against the backdrop of global...

Author:
Ara Zohrabyan
Published on: 06.06.2022 17:07 (UTC)
62
Bitcoin about to reverse the downtrend –above $30,000 still!
Crypto

Bitcoin about to reverse the downtrend –above $30,000 still!

Bitcoin continued trading in a downtrend range last week. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to breach above $30,750 and the RSI indicator has formed a bullish divergence. And in cas...

Author:
Ara Zohrabyan
Published on: 30.05.2022 17:26 (UTC)
69