Sentences with phrase «bullish momentum»

Today, we follow - up that analysis by examining in more detail the increasing bullish momentum in the financial sector.

Bitcoin price is gaining bullish momentum and moved above the USD 8,000 resistance.

Also, the gap between the moving averages is widening to reflect stronger bullish momentum.

This is a topping pattern that often indicates near - term bullish momentum is running out.

A stock that reaches a resistance zone may consolidate within that zone for an extended period of time if bullish momentum can not push the stock through that zone.

Further, we have learned that leveraged funds are not so highly leveraged at this stage and could be expected to add to their long positions on current bullish momentum.

Market - breadth data also suggest bullish momentum has returned.

This simple scan uses two common trading indicators to find candidates for a quick bullish momentum trade.

The more «yes» you answer to these questions, the more likely you are facing bullish momentum.

So, the whole day was just a pure bullish momentum.

A tail on a bullish pin bar signals bullish momentum whereas a tail on a bearish pin bar signals bearish momentum.

The gap between the moving averages is also widening to reflect strengthening bullish momentum.

Additionally, the bearish channel has broken with a strong bullish momentum.

However, this market is in the midst of a strong uptrend with a lot of bullish momentum behind it and we see no reason for that to change this week.

«Tax Day» to Spark New Bullish Momentum For Bitcoin The cryptocurrency market has been hungover ever since Bitcoin entered the...

There is a growing bullish momentum as the gap between the 100 SMA and 200 SMA narrows.

Sometimes, bullish momentum propels stocks with massive relative strength 40 to 50 % higher before we eventually sell and take profits.

There is a growing bullish momentum on the intraday 15» chart as the MACD indicator begins to dip towards the positive region.

Prices marched upwards again on the back of the CME news and Bitcoin broke another barrier trading above $ 6,400 and continuing to show bullish momentum.

Bullish momentum dominated Wall Street this week as the Dow Jones Industrial Average surged into uncharted territory, posting record - breaking all - time highs.

The recent bullish momentum of the markets has helped NEO too, as the week - long performance has been very strong.

Given the force of the up move into last week's close we could see more bullish momentum in the coming days, traders can consider a long entry this week if the market retraces back down to support near 1.2875 or further below near 1.2750 and forms an obvious 4 hour or daily chart buy signal.

We expect bullish momentum to carry gold ETFs substantially higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base of price consolidation.

A move above last week's high should spark bullish momentum that causes $ YCS to rally towards its May 2013 high in the coming weeks.

The newfound bullish momentum is not a surprise for Fundstrat Global Advisors analyst Tom Lee, who said that tax filings were bringing the cryptocurrency market down and «Tax Day» would eventually trigger an upside move...

The pin bar buy signal from February 27th would have been a very obvious trade since it was rejecting and false - breaking down through the event area and price had bullish momentum behind it at that point.

Last Wed, I noticed price action broke off consolidation range with a strong bullish momentum which encouraged an entry to be made.

The increasing bullish momentum in the financial ETF we mentioned last Friday can be easily seen on the percentage change chart below, which compares the performance of S&P Select Financial SPDR ($ XLF) against the S&P 500 SPDR ($ SPY), a popular ETF proxy that tracks the performance of the broad - based S&P 500 Index:

The logic behind this approach comes from the fact that the previously bearish sentiment is overextended and is being overcome by bullish momentum.

After the mid-September pullback that followed our breakout buy, buyers stepped back into the stock, and bullish momentum again caused $ BITA to explode 40 % higher just six days after breaking out above the highs of the base (note the breakout volume spikes on October 1 and 2).

By the first or second week of November, we should have a pretty good idea as to whether or not persistent bullish momentum will at least carry itself through the end of the year.

Given its convincing bullish momentum, it's probable that $ PGJ will eventually rally at least to its prior highs of 2011 (about 15 % higher), but the ETF is likely in need of a short rest before doing so.

The obvious question on the minds of traders and investors right now is whether or not the main stock market indexes and these broad - based ETFs possess the necessary bullish momentum to break out to new multi-year highs in the coming days.

When you learn how to interpret subsequent price action that follows the touch of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.

However, at a time when it seemed that Litecoin was destined for a major crash, even possibly hitting $ 90 to $ 65 levels - the cryptocurrency markets finally started off on a major bullish momentum.

Considering that US stocks have been in a 5 - year bull market, it would be unreasonable to expect such bullish momentum to change overnight.

The overall bearish picture is unchanged, as although some of the largest coins broke their steepest trendlines, for a trend change, stable bullish momentum and an established leadership would be necessary.

So, we had confluence with the existing bullish momentum, the horizontal level rejection, and a very well - defined fakey with pin bar trading strategy.

Note the daily 8 / 21 EMAs have also crossed higher recently, reflecting the fresh bullish momentum in this market.

The 100 SMA is still above the longer - term 200 SMA so the path of least resistance is to the upside, but the gap between the two is narrowing to reflect weaker bullish momentum.

RSI confirm bullish momentum.

Bitcoin and Stock Markets» Spectacular Bullish Momentum Bitcoin's market value, the total dollar value of all bitcoins in circulation, is becoming substantial as it hits $ 96.7 billion USD.

Either price is consolidating for a greater move in general, or, this represents a bearish divergence showing a higher highs in price on lower volume, which would suggest weakening bullish momentum.

There is a growing bullish momentum close to $ 610; however, the retracement level will offer stiff resistance as Bitcoin Cash price corrects higher.

There is a considerable bullish momentum that is forming at $ 9,075 level.

There is a growing bullish momentum around $ 7,502 level while the immediate support level is at $ 7,450.

Bitcoin price regained enough bullish momentum to climb back close to its all - time highs, waiting for the next catalyst for a bounce or a break.

Bitcoin mostly traded in a range during the past two sessions, but a few altcoins such as bitcoin cash, E-coin, Ethereum classic, bitcoin gold and Qtum gained heavy bullish momentum and traded higher.

OmiseGO (OMG)-- It seems bullish momentum is building for the young cryptocurrency platform OmiseGO (OMG).