Sentences with phrase «rising trend line support»
The above chart shows XRP failed to capitalize on the sharp recovery from the Jan. 5 low of $ 2.15 and breached the rising trend line support earlier today.
https://cryptotimes.news/
Having successfully defended the key rising trend line support over the last few days, the bitcoin - US dollar (BTC / USD) exchange rate is well bid above the $ 4,000 mark today.
A move below the rising trend line support could put bitcoin price on track towards testing the longer - term range support at $ 3800 - 4000.
In addition, the 100 SMA lines up with the rising trend line support near $ 6300, which might keep losses in check.
In addition, the moving averages are close to the rising trend line support connecting the latest lows of bitcoin price action.
Not exact matches
This trend line has successfully acted as a support level and provides a good definition of the rising trend.
However, price is still testing support at the rising trend line connecting the lows since the start of the month.
It ended below the rising trend line that had been support though.
USDJPY rebounded from 91.25 Being supported by the rising trend line from 87.37 to 88.97, USDJPY rebounded from 91.25, suggesting that a short term cycle bottom has been formed on 4 - hour chart.
As of Friday, the DJIA is closer to the rising trend line of higher highs which means it could find support.
The trading chart above shows that Tesla has been in a consistent uptrend marked by rising support and resistant trend lines — for example, the stock is trending because of a catalyst such as a product launch or changes in management — in the last three weeks.
In such a case, BTC could test support at 15,400 (confluence of upward sloping 50 - MA and rising trend line).