Bitcoin price is exhibiting
more bullish momentum but could use a quick pullback before going on another leg higher.
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.
This particular inside pin bar came after price had rejected a strong weekly support level near 0.7750 and the 8 and 21 day EMA's had recently crossed higher; indicating
more bullish momentum was possible.
Not exact matches
After a few
more days, $ MZOR regained its
bullish momentum and resumed its steady uptrend over the next few weeks.
Although this has been leading to moderately
bullish price action in select blue - chip stocks such as $ IBM,
more explosive, high -
momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction of the overall stock market).
Today, we follow - up that analysis by examining in
more detail the increasing
bullish momentum in the financial sector.
Sell - side analysts have grown increasingly
bullish on Apple AAPL, +0.18 % as
momentum surrounding Apple Watch builds and the company sells
more iPhone 6 Plus models than expected.
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.
I think once the commodities stabilize and we have
more clearance on this possible situation with China prices will resume their
bullish momentum, but at this time I'm advising clients to sit on the sidelines & look at other markets that are beginning to trend as many commodity sectors remain choppy due to uncertainty.
The cryptocurrency maintained its
bullish momentum on Thursday, with most major currencies trading up by
more than 3 percent on the day.
Although there is a decent likelihood $ EPI will meet our criteria for buy trigger today, it may still pull back for one
more day before attempting to resume the
bullish momentum of its recent breakout.
The
more «yes» you answer to these questions, the
more likely you are facing
bullish momentum.
I am
more bullish now, but I am waiting for a turn in the
momentum to get
more aggressive.
I got a large - ish amount of responses to my pieces Does Not Pass the Japan Test, A Reason to Sell Stocks Amid the Rally, and my
more bullish piece
Momentum in the S&P 500.
BCH's
bullish momentum has coincided with a
more than 20 % drop in the price of bitcoin core (BTC).