learn cryptocurrency Articles

Bitcoin bearish daily flag at 61.8% Fibonacci

Bitcoin sliced through a weekly trend line in September and is now consolidating into a daily flag pattern. Bitcoin has now found resistance at the 61.8% Fibonacci from August high to September low range. It is extremely important to look for bearish candle stick patterns for confirmation and once entered,…

BTC/USD Breaking Out of Wedge – 11200

BTC/USD breaking out of the wedge pattern also coinciding with 50 and 200 EMA reclaim. When multiple signals support the thesis, our job is to be sure that execution and risk is defined. Wedge patterns are generally a sign of trend continuation when broken, and when found within bullish momentum…

BTC/USD Recovery For Downside Breaking 10k

DXY strength, the FED indicating they will continue with pedal to the metal and hold rates at zero until labour market is back in full force and inflation recovers to 2%. The market turned straight to the DXY for strength and in turn all DXY denominated assets fell including BTC/USD.…