Sentences with phrase «recent bullish momentum»

The recent bullish momentum has seen bitcoin break above the 23.6 % retracement area of the crash when measuring from the all - time high area of $ 19,000 — $ 20,000.

The GBPUSD moved higher last week, in - line with recent bullish momentum.

Not exact matches

As you can see, $ USO has failed to hold above its 10 - day MA over the past week, which is a sign that bullish momentum from the recent breakout is fading.

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.

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.

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.

This current rally is fueled by bullish comments from the new CEO, day traders who follow momentum (look at the recent rise in volume in the first graph, and short sellers buying in their positions.

Although most major coins are well off recent swing lows, upside momentum has been capped by technical barriers limiting the bullish breakout.