It was
a bullish week for Bitcoin cash price as it climbed above the $ 500 and $ 600 levels against the US Dollar.
«This has been another incredibly
bullish week for the cryptocurrency, with the visible upside attracting investors from all directions.
The Rise of Monero (XMR) It was a very
bullish week for privacy centric coins with cryptocurrencies like Monero, Dash, Zcash, Pivx and Verge making huge gains compared to the rest of the other cryptocurrencies.
It was a very
bullish week for privacy centric coins with cryptocurrencies like Monero, Dash, Zcash, Pivx and Verge making huge gains compared to the rest of the other cryptocurrencies.
Bulls of the Week It was an enormously
bullish week for the sports betting industry in the United States...
Last week represented the most
bullish week for bitcoin since the genesis block was first mined, as it gained around $ 1,300 in less than 7 days.
It was
a bullish week for Bitcoin cash price as it climbed above the $ 500 and $ 600 levels against the US Dollar.
Not exact matches
The net
bullish position was equivalent to 1.411 billion barrels of crude and fuels - enough to satisfy global oil consumption
for more than two
weeks.
CNBC's Jackie DeAngelis reports a formal announcement is expected this
week that will transfer power from Saudi King Salman to his son Crown Prince Mohammed bin Salman which could be
bullish for oil prices.
Global stocks kicked - off the
week in a
bullish mood Monday, with merger activity and a robust U.S. corporate earnings season helping boost markets in Europe and Asia and set up Wall Street
for a positive start to the final trading day of the month.
These stocks can be held
for a few days to a few
weeks (as long as the price action remains overly
bullish).
If sellers become exhausted in the coming
weeks, the price should make new highs
for the year... The long - term Bitcoin chart is extremely
bullish, with solid support
for the current bull market in the form of extreme volume.»
Canadians tentative about trade with China; more
bullish on the EU, UK September 7, 2017 — As negotiators
for Canada, the United States, and Mexico revealed this
week they've made little progress on revising the North American Free Trade Agreement
Should the Aussie and the Canadian Dollar pick up some
bullish momentum, we could be in
for a more durable rally in equities too, as they have been leading risk assets in recent
weeks.
This
week turned out to be pretty extraordinary
for bitcoin as, not only did it continue its
bullish rise despite other hard assets being taken down but, it also took out its all time high.
The
bullish percentage index (% of stocks on a P&F buy signal)
for the GDM index (forerunner to GDX) is currently at only 3 % but was at 0 % at last
weeks low.
The chart structure is poor as we have gone straight up and then straight down so be patient as I will be looking
for a
bullish position in the
weeks ahead.
With this
week's increase, bearish sentiment is now greater than
bullish sentiment
for the first time since mid-August.
For the near - term, the U.S. market had a relief rally at the end of the day on Friday, Feb. 9, so that short - term
bullish sentiment could carry over into the beginning of the
week.
In case you missed our initial explanation
for swing trade entry into this
bullish ETF, we suggest reviewing those two posts above, then read the next paragraph, which details last
week's exit strategy.
Last Friday's negative trading session
for stocks, which all but erased any gains
for the
week, left a burn mark on the ever - resilient
bullish sentiment that has characterized the primary trend.
A speech the following
week by Fed Chair Janet Yellen giving a
bullish assessment of the economy, as well as a later one by President Donald Trump outlining ambitious plans
for tax reforms, continued to build expectations of further monetary tightening.
Multiple stocks on this
week's list were on previous lists, a
bullish sign
for these individual stocks that accumulation continues.
Our technical analysis is in favor of continuation of the current
bullish wave, so we can see bitcoin price reach the $ 3,800 price level within a
week or so; however, a downwards price correction attempt can take over
for a short period, before heading North to even higher levels.
For bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this we
For bullish chart patterns, we are always looking
for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this we
for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this
week.
This
week, keep a lookout at the 2530 price support region
for a
bullish buy signal either on the daily or 4 - hour chart time frame to get long.
The past year has been typical: The 39 -
week moving average turned
bullish in the middle part of last August,
for example, and remains
bullish to this day.
We remain
bullish whilst above 1300.00 and will be watching closely this
week for 4 hour or daily chart price action buy signals within this zone.
A strong Friday
for the broad market turned weekly losses into gains, though, and closed the
week on a
bullish note.
Moving out to the weekly chart the
bullish engulfing candle
for the
week suggests that new all - time highs may be coming soon.
This chart is still looking very
bullish and we will watch
for price action buy signals at support levels on any pullbacks this
week.
This
week's
bullish case
for CarMax in Barron's encouraged me to reopen a CarMax annual report that had been gathering dust on my desk.
Subscribers and myself have been short the SP500
for a couple
weeks after watching the broad market become overbought and sentiment levels became overly
bullish with greedy pigs thinking they could buy stocks after a massive month long rally that had not pullback.
Option strategies
for both
bullish and bearish markets from
week to
week.
Overall, the market is showing very
bullish signs and if it were to emulate the behavior of the last Bitcoin hard fork on August 1,2017, which resulted in the creation of Bitcoin Cash, we could expect to see this
week's trends continue well into mid November which would mean new all time high prices
for Bitcoin and market cap in general.
«Now that was broken earlier in the
week by every major exchange, eyes are on the
bullish trend continuing with $ 480 and $ 500 as target prices
for the three - to - six month timeframe.»
Staff opinion: Last
week, we predicted that the bitcoin price would level out in the $ 700 range
for some time, with further
bullish pushes kept in check by profit taking at points above the psychological barrier of $ 700.
He even took to social media to clarify his thoughts regarding crypto assets such as bitcoin on Friday by stating that, «to be clear, we delayed launching a hedge fund with outside investors capital last
week because we didn't like market conditions
for new investors,» and adding that he has
bullish hopes
for the long - term horizon.
More Universities Add Blockchain Courses to Meet Market Demand What are the differences between Bitcoin and Ethereum What is an ICO — Initial Coin Offering Top 5 Cryptocurrency ICOs
for June and July 2017 — Civic in # 1 spot Famed investor Bill Miller discussed his thoughts on bitcoin with CNBC this past
week —
bullish about Bitcoin
So while we anxiously await the minutes of Monday's G20 meeting on cryptocurrencies, let's rewind back to last
week's biggest development
for Litecoin, which strengthens our
bullish take on Litecoin.
What makes the lackluster price action even more unusual, though, is the fact that just a
week ago, the cryptocurrency, known
for its governance and privacy features, looked primed
for a retest of record highs above $ 400 courtesy of a
bullish falling channel breakout.
For four
weeks in a row, stock markets and Bitcoin traders have been
bullish.
«Such a move would add credence to last
week's
bullish doji reversal and higher lows pattern, and may open the doors
for $ 4,300,» CoinDesk's Omkar Godbole wrote.