During the previous trading week, the market formed an uptrend that reached the upper bound of the yellow channel, then the price pushed off from this…
Browsing: Analysis
With the Bitcoin-US Dollar pair, we can all agree that the volatility is enormous. Moves are not small fluctuations and, if you’re a wary investor, it…
The market forms quite harmonious and proportional waves. After reaching the upper bound of the green channel, the price began to decline sharply and broke through the…
The chart shows three channels that affect price behavior. Given that the upper boundaries of the red and green channels were previously reached, we can now…
The price is moving inside the ascending green and descending blue channel. At the moment, the market is near the lower border of the green channel.…
The market continues to move by the lower limit of the blue channel, which is the support line for the price. For the second day, bears…
The market continues to move by the upper limit of the green channel. Since the price has gone beyond the red moving average and has fixed…
The price continues to move by the lower limit of the blue channel, periodically reaching it. This limit is the support line for the price. If…
The market continues to move under the moving average, which resists the price. If shortly this resistance is broken, and the price rises above the moving…
Now the price is moving within the blue and green channels. The market drifted off the upper limit of the green channel, after which the lower…