Weekly Analysis shows that market has
an overall bullish trend (making higher highs and higher lows) but has currently come to a halt due to the recent lack of buyers to push the price beyond previous structure's high.
Last week, Gold consolidated within
the overall bullish trend this market is in.
Not exact matches
«Rising inflation expectations, an
overall bullish commodity
trend (late - cycle preference for commodities), geopolitical and financial risks are being offset by a rising dollar and rising real - rates,» Saxo Bank analysts said in a note.
The
overall trend is
bullish for Ethereum and it is likely to continue moving higher versus the US Dollar as well towards $ 395 - 400.
The
overall trend is
bullish as long as the price is above $ 600.
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.
However, the
overall trend is still
bullish, so bitcoin price will mostly exceed the $ 6,000 mark during the upcoming week.
The
overall long - term picture is consistent with a
bullish trend, as correlations are low and volatility is muted.
One
trend that is emerging in
bullish sentiment, though, is just like the
trend of the
overall market — lower highs.
Although the
overall long term
bullish trend is intact, we are undergoing either a huge consolidation Continue reading →
A breach of 1.2997 is a strong
Bullish signal that the
overall trend is back in Bull mode.
Then it's determined we have a sideways market
overall with a short - term
bullish trend.
We remain
bullish on this market as the
overall trend is up and price is trading above key support levels still.
The
overall trend and directional bias continue to be
bullish, although the sho...
During
bullish trends the histograms usually starts off as light blue, orange histograms above the 0.00 level is just signaling bears pressure in an
overall bulls market.
The
overall trend will continue to be
bullish, SimpleFX's analysts anticipate.
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.
Corrections are a necessary part of every
bullish trend and, therefore, when they do occur, they should be embraced rather than feared because they restore health to the
overall trend.
Even so, the
overall trend is still extremely
bullish.
While the
overall trend still looks
bullish, these frequent dips are making investors nervous.