Traders Blog - Analysis, Strategies, News and more | Category - Crypto

Bitcoin bias turns neutral after Fibonacci resistance test
Crypto

Bitcoin bias turns neutral after Fibonacci resistance test

Bitcoin reversed all of the previous week’s gains last week. The price is below $27,500 currently after it retraced down following the test of the Fibonacci 261.8 resistance previous Friday. The RSI continued drifting to lower bound of neutral zone....

Author:
Ara Zohrabyan
Published on: 24.04.2023 17:36 (UTC)
570
Bitcoin retraces down from Fibonacci resistance
Crypto

Bitcoin retraces down from Fibonacci resistance

Bitcoin renewed the bullish thrust last week. The price is above $29,400 currently after it advanced and reflected off the Fibonacci 261.8 resistance. The RSI entered the overbought zone again last week but then returned back into the neutral zone. T...

Author:
Ara Zohrabyan
Published on: 17.04.2023 17:39 (UTC)
536
Bitcoin poised to renew bull run
Crypto

Bitcoin poised to renew bull run

Bitcoin trading range narrowed a little last week. The price is above $28,150 currently while Bitcoin price consolidation midway between Fibonacci 161.8 and Fibonacci 261.8 levels continued. The RSI indicator position in neutral zone has not changed....

Author:
Ara Zohrabyan
Published on: 10.04.2023 17:43 (UTC)
292
Bitcoin upside momentum persists
Crypto

Bitcoin upside momentum persists

Bitcoin trading range changed little last week. The price is above $28,200 currently. Bitcoin price continued its consolidation midway between Fibonacci 161.8 and Fibonacci 261.8 levels. The RSI indicator remains in neutral zone. The trading bias rem...

Author:
Ara Zohrabyan
Published on: 03.04.2023 17:26 (UTC)
305
Bitcoin poised to rise still
Crypto

Bitcoin poised to rise still

Bitcoin traded in a range last week as price rally paused. The price is below $28,000 currently. Bitcoin price is still in consolidation mode midway between Fibonacci 161.8 and Fibonacci 261.8 levels. The RSI indicator left the overbought zone as the...

Author:
Ara Zohrabyan
Published on: 27.03.2023 17:35 (UTC)
257

Subscription

Subscribe to receive our latest news on your email.

Subscribe to receive our latest news on your email.