Search Results for "downtrend"
Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over
The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.
Bitcoin Price Breaks $18,000 and May Plunge Even Further
Since the Bitcoin price broke the symmetrical triangle and plunged yesterday, the downtrend potential is high.
Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"
Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.
No Trend, No Divergence: The Prerequisite for Identifying Exhaustion
The core principle of this lesson is "No trend, no divergence." Chan Theory strictly classifies all market movements into three states: uptrend, downtrend, and consolidation, determined by comparing successive highs and lows — both rising simultaneously signals an uptrend, both falling signals a downtrend, and a mismatch between them indicates consolidation. Divergence analysis is only meaningful after a clear trend (uptrend or downtrend) has been confirmed; within consolidation, only consolidation-type divergence exists, not trend-based divergence. All analysis must be grounded in a specific chart timeframe, since the same price action can appear as entirely different states across different levels. The validity of highs and lows must be filtered through a moving average system — only those occurring around moving average interactions (convergence, contact, or entanglement of short-term and long-term MAs) carry analytical significance at that level. Traders should choose chart timeframes that match their capital size, temperament, and trading style, and build a coherent trading system accordingly.
Tesla's Biggest Drop Indicates a Stock Market Downtrend—Implications for the Bitcoin and Crypto Market
Yesterday, Tesla stocks plunged dramatically, suffering their biggest loss since going public.
Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Shark Tank investor Mark Cuban says that the current crypto market is similar to the internet stock bubble of 1990 but that BTC and ETH will thrive regardless.
Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.
BCH Price Sees a Bullish Correction After A Week-Long Dip, Chainlink (LINK) Still On a Downtrend
This article reviews the short term price analysis of altcoins Bitcoin cash (BCH) and Chainlink (LINK) as the overall crypto market continues to move bearishly sideways.
Ripple XRP Is on a Downtrend, Dipping by 18% in Price in the Last 7 Days
While Bitcoin has managed to recover above the $19K level, Ripple (XRP) has struggled to regain strength.
XRP Price Drops During Ripple Swell Conference
The XRP price looks set to continue a downtrend, while Ripple hosts the annual Swell conference which brings together world industry leaders and policymakers.
Crypto Whales Load Up on XRP, Anticipation for a Surge to $0.30 Escalates
Ripple (XRP) prices have risen by more than 2% in the past 24 hours on CoinGecko, kickstarting the week with a bang.
Cryptocurrency Market Opens The Week To Big Dip, What Coin Is The Biggest Loser Today?
The crypto market opened the week to a big bearish dip with 1inch taking the biggest hit