Sentences with phrase «bullish channel with»
Daily Chart — The market has previously broken its bullish channel with a strong price rejection at 1.350.
https://financialveracity.com/ Not exact matches
«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.
Look at the beautiful parallel bullish channel that just bottomed with the recent -LSB-...]
Additionally, the bearish channel has broken with a strong bullish momentum.
I can't give more concrete figures than that but channel checks and conversations with the Company have only made me more bullish.
This high at the top of the parallel uptrend channel also coincides with a 161.8 % Fibonacci extension of the bullish run from $ 16.06 to $ 17.73 early this month.
The weekly view shows SPY at the top of the rising channel but with support for more upside from a rising and bullish RSI and a MACD that is positive and growing.
As you can see that the market is still holding a bullish trend characteristic but with a channel that is about broken.
The market has recently broken off from the bearish channel with a strong bullish momentum that has too, smashed previous bearish structure high.
Also read: Antshares Raises Millions in ICO, Partners with Microsoft Bitcoin Price Technical Analysis Long - Term Analysis Prices recognized a strong support area at $ 600, and while bullish consensus gets stronger on the idea of higher quotes, the action is going back to the old trend line channel
There is a continued bullish channel that is forming with the upside gains capped below the 23.6 % Fib retracement level with the previous swing high of $ 422 and a $ 350 low.
The ideal situation for those who are bullish is for the price to consolidate between $ 19,700 and $ 13,500 and form a bullish pattern like a flat base, channel, cup with handle or triangle pattern.
«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.