Posts

Showing posts with the label bullish pattern

Here’s why Ethereum is going to $6,000, according to expert

Image
With Ethereum (ETH) facing sustained resistance at the $4,000 level, technical indicators suggest that the second-ranked cryptocurrency by market capitalization might be building up for a higher target. In particular, prominent cryptocurrency trading expert Ali Martinez has pointed out that ETH has been trading within an ascending parallel channel since June 2022, creating a pattern that could pave the way for the $6,000 target, he said in an X post on January 5. ETH price analysis chart. Source: TradingView/Ali_charts An ascending parallel channel is a bullish pattern signaling higher highs and lows, indicating steady upward momentum and a long-term uptrend. Price consolidations within the channel often present buying opportunities.  Picks for you R.Kiyosaki warns 'giant market crash here' 1 ...

Fantom Crypto Price Prediction - Will FTM Continue to Pump?

Image
Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Fantom (FTM) crypto has been massively pumping over the last 24 hours moving up in price by over 30%. Euphoria and excitement hits the crypto markets once again as many major altcoins are printing green candles on the price charts. Will Fantom (FTM) continue to pump and which other altcoins are looking promising for the next few months ahead?  Fantom (FTM) Crypto Price Prediction Fantom (FTM) crypto has been trading sideways for quite some time between the price of $0.19 and $0.28 for a few weeks now. Currently the price of Fantom (FTM) crypto is $0.264 following positive price momentum over the last few hours.  Even though Fantom (FTM) crypto is still down by over 90% from the all-time high set in October 2021 I still think there might be good odds for a recovery by the next crypto bull run. The current trading p...

IBATUSD: Will Appreciate Soon, BUY!

Image
Battle Infinity Price Prediction for Today, 12th of October: The IBATUSD ranging movement may possibly end soon. Should the bulls escape from their shell and put more effort into their buying pressure, the resistance level of $0.015000 may be tested which may be broken upsides, and the price increases to the $0.02000 supply trend line and beyond. Key Levels: Resistance Levels: $0.005100, $0.005200, $0.005300 Support Levels: $0.002800, $0.002700, $0.002600 IBAT (USD) Long-term Trend: Ranging (1H) IBATUSD pair is in a sideway move in its long-term outlook as can be seen from the chart below. The bulls and the bears are warring with each other on the 1-hourly chart market. Battle Infinity price is hovering over and around the moving averages as a sign of a ranging market . In case the bulls try to increase their pressure above the current resistance at $0.002944 value, the previous swing high of $0.02000 may be tested which may be broken upside, and the price increases to the $0. 040...

ApeCoin Price Prediction Today October 06, 2022: ApeCoin May Retest Previous Low at $4.1 Level.

Image
Join Our Telegram channel to stay up to date on breaking news coverage ApeCoin is targeting $4.1 support level APEUSD Price Analysis – October 06 Should ApeCoin price go up above the resistance level at $5.9 and produce a bullish pattern, then upward movement could continue. A breakdown at the support level of $5.2 will expose ApeCoin to $4.7 and $4.1 support levels. Above the current price level are found resistance levels at $5.9, $4.7 and $4.1. Key Levels: Resistance levels: $5.9, $6.4, $7.5 Support levels: $5.2, $4.7, $4.1 APE/USD Long-term Trend: Bearish APE/USD is on the bearish movement in the daily chart . The support level of $4.1 was tested on September 06 and the bears’ momentum could not break down the mentioned level. A strong daily bullish candle emerges which make the bulls reacted against the bearish movement. This make the price increased to the resistance level of $5.9. The level was tested and price pulled back. ApeCoin may retest previous...