Bitcoin Bulls Reject Break Out; New Lows On The Way

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

Bitcoin Bulls Reject Break Out; New Lows On The Way

Bitcoin Break Out Rejected By Bears, Bulls In Trouble

Bitcoin made a solid advance over the weekend in what at first looked like a solid bounce from support. Price action move up and out of the recent, narrowing, trading range and set the world’s leading cryptocurrency up for a rally. Unfortunately, the break out did not take hold, the bears stepped in to drive prices lower, and now the technical picture is changed. Where before BTC was consolidating for a possible move higher, that move has been negated and now prices are more likely to move lower.

Over the past four trading days BTC has formed a bearish price pattern, the Falling Methods. The Falling Methods includes a long red candle, 2 or more small candles, and then another long red candle that closes below the first and at a new low. What we have here is a classic Falling Methods patterns confirming a down-sloping trend line, the only good thin about it is that it is a small and weak formation. The candles in this pattern are small relative to past price action in Bitcoin. For the pattern to have “strength” it would need to produce a move significant to daily price action. A fall to new lows is concerning but a -3.5% fall in BTC is nothing more than average so, if the pattern confirms, price declines are not likely to be huge. The most likely target for support is now $8000.

How Bitcoin’s Rejection Impacts The Crypto Market

While Bitcoin usually leads other major cryptocurrencies lower that does not appear to be the case now. A look at Litecoin’s chart shows a coin still in consolidation, still above the short-term moving average, and still supported by bullish MACD. Litecoin price action may decline from here and, if so, support is likely at the $60 level and the 30-day EMA. A fall below this level may take LTC down to the $50 level but a deeper decline is not expected now.

The Ethereum chart is even more bullish looking. While BTC declines and LTC moves sideways ETH looks ready to move higher. The world’s “most advanced” crypto currency is moving sideways above the short-term moving average and support while the indicators flash a buy signal. If confirmed, this signal will result in a move up from the $180 level toward $200. A break above $200 would be bullish and take the coin up to $220… but I don’t really expect that to happen. At best, ETH will continue to move sideways.

US Search Desktop

We appreciate your feedback on how to improve Yahoo Search. This forum is for you to make product suggestions and provide thoughtful feedback. We’re always trying to improve our products and we can use the most popular feedback to make a positive change!

If you need assistance of any kind, please find self-paced help on our help site. This forum is not monitored for any support-related issues.

The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, and/or profile from the Yahoo product feedback forum.

  • Голосовать за существующую идею ( )
  • или
  • Опубликовать идею…
  • Горячие идеи
  • Лучшие идеи
  • Новые идеи
  • Раздел
  • Статус
  • Моя обратная связь

Web surfers signed into yahoo, add like to search results

Webs surfers signed into yahoo, can add ‘like’ to search results. Example, I search for new cars. If logged in, I can scan yahoo search results. I click on a new yahoo! icon for a ‘yahoo! shout’, same a ‘like’ feature (i.e., facebook), letting the system know, which of the results I liked.

someone is listing viagra on my web site mwe3.com can you ask them to take it down! It is a music reviews site and not a viagra website!!

someone is listing viagra on my web site mwe3.com can you ask them to take it down! It is a music reviews site and not a viagra website!!

What a stuffed search engine. How about results of the actual item we are looking for.

Results that are actually relevant to a search would make life more enjoyable. Not interested in all the totally unrelated **** you allow to appear as “results”.

US Search Desktop

We appreciate your feedback on how to improve Yahoo Search. This forum is for you to make product suggestions and provide thoughtful feedback. We’re always trying to improve our products and we can use the most popular feedback to make a positive change!

If you need assistance of any kind, please find self-paced help on our help site. This forum is not monitored for any support-related issues.

The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account.

If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, and/or profile from the Yahoo product feedback forum.

  • Голосовать за существующую идею ( )
  • или
  • Опубликовать идею…
  • Горячие идеи
  • Лучшие идеи
  • Новые идеи
  • Раздел
  • Статус
  • Моя обратная связь

Web surfers signed into yahoo, add like to search results

Webs surfers signed into yahoo, can add ‘like’ to search results. Example, I search for new cars. If logged in, I can scan yahoo search results. I click on a new yahoo! icon for a ‘yahoo! shout’, same a ‘like’ feature (i.e., facebook), letting the system know, which of the results I liked.

someone is listing viagra on my web site mwe3.com can you ask them to take it down! It is a music reviews site and not a viagra website!!

someone is listing viagra on my web site mwe3.com can you ask them to take it down! It is a music reviews site and not a viagra website!!

What a stuffed search engine. How about results of the actual item we are looking for.

Results that are actually relevant to a search would make life more enjoyable. Not interested in all the totally unrelated **** you allow to appear as “results”.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

Like this post? Please share to your friends:
All About Binary Options Trading
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: