There is a growing
bullish momentum close to $ 610; however, the retracement level will offer stiff resistance as Bitcoin Cash price corrects higher.
Not exact matches
In order to recapture the
bullish momentum, SPY must generate a weekly
close above 280.23.
A weekly
close above 19.51 would certainly increase the
bullish momentum.
Although we'd love to see $ EPI pull back
closer to the prior breakout level at $ 19.40 in order to establish an even lower risk position, we do not want to miss the next potential move higher when the
bullish momentum of the recent breakout resumes.
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 would have liked to see a
bullish close on this setup but given that the tail was long and obvious, and the setup was with the near - term
momentum, we don't always NEED the
close in our favor, it's just an extra point of confluence.
This futures contract has a series of obstacles on the way up but
momentum should turn
bullish on a daily
close above 116.16.
On a positive note the contract is no longer overbought,
momentum is decidedly
bullish, and on Friday it managed a
close above the top of the daily Ichimoku â $ ˜ cloudâ $ ™.
EOS price is one of the few cryptocurrencies that seem to be
closing the week in a
bullish momentum.
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.
There is a
bullish momentum that is forming
close to $ 905 level, while the immediate support level for BCH / USD is at $ 877.
While the move may be interpreted as a
bullish signal, the coin needs a daily
close above this level to prove that the upside
momentum is sustainable.