Technical Analysis


Markets

Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery

The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.

Crypto Twitter is worried bitcoin's recent recovery may be fleeting. (jonas-svidras/Pixabay)

Finance

Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum

The MicroStrategy CEO cautioned that the "protocol doesn’t look like it's going to be completed or stable for another 36 months."

MicroStrategy CEO Michael Saylor speaking remotely at the Blockchain Economy Istanbul conference (Amitoj Singh/CoinDesk)

Markets

Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs

An anticipated interest rate hike seems to be overshadowing Merge optimism.

Ether's daily chart shows sellers have regained control. (TradingView)

Markets

Ether quiebra promedio de 50 días por primera vez desde abril mientras bitcoin queda atrás

El rebote de ether por encima del promedio de 50 días puede ser fugaz, dijo una técnica de mercado especializada.

Ether supera su promedio móvil de 50 días por primera vez en tres meses. (PIX1861/Pixabay)

Markets

Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags

Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.

Ether supera su promedio móvil de 50 días por primera vez en tres meses. (PIX1861/Pixabay)

Markets

Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K

Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup.

Gráficos diarios y semanales de bitcoin. (TradingView)

Markets

El mercado cripto de $863.000 millones podría terminarse pronto, según múltiplo de Mayer

Los números del segmento cripto probablemente tocaron fondo en junio, con el múltiplo de Mayer cayendo por debajo de 0,5.

El mercado bajista cripto podría estar llegando a su fin. (Source: fda54/Pixabay)

Markets

The $863B Crypto Market May Be Close to Bottom, Mayer Multiple Suggests

The market likely bottomed out in June with the Mayer Multiple dipping below 0.5.

El mercado bajista cripto podría estar llegando a su fin. (Source: fda54/Pixabay)

Markets

Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.

Emergence of a bear flag on bitcoin's daily chart suggests downside risk. (TradingView)

Markets

Bitcoin: la “cruz bajista” aumenta una perspectiva de resurgimiento alcista

Un indicador bajista sugiere el final del declive del mercado y un pronto renacimiento del mercado alcista.

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)