The major cryptocurrencies continue to act bullish after last week's
strong momentum move higher, as the largest coins are all trading in shallows corrections or are...
Trading volume is very low in BTC's market, as the volatility compression is dominant, but a break - out could lead to
a strong momentum move soon.
Not exact matches
EPRO's managers made a tactical
move to cash in the fall when they saw downward market
momentum, for example, while HYLD has
strong yield compared to peers, with a 30 - day SEC yield of 11.52 percent.
Over the past 24 hours, the cryptocurrency market has sustained
strong momentum,
moving closer to the $ 400 billion region.
In stocks, Larsson says that he sees the S&P 500 as «struggling to gain
momentum» with
strong resistance at both the 2,800 and 2,717 levels; on the downside, adds Larsson, the 200 - day
moving average at 2,600 «is crucial».
Instead FlyQuest — whose season started
strong and ended on several consecutive down notes — managed a game two win against Team Liquid to secure the sixth seed
moving into playoffs, before winning the third game to carry some
momentum with it.
«I think there's real
momentum around this work, and hopefully if we are successful later this year in a budget agreement including the
Stronger Together initiative, we'll be able to accelerate the pace at which we
move toward more diversity.»
That isn't to say that buying while the market is going on
strong is a bad thing or even a wrong
move since
momentum can certainly take you far.
A bull trap forms after a
move higher, the amateurs who were on the sidelines watching a recent
strong move unfold can not take the temptation anymore, and they jump in just above or at a key resistance level since they feel confident the market now has the
momentum to break above it.
Though the
momentum anomaly (weak as it has been recently) usually favors portfolios with
stronger price
momentum, the relationship breaks down over longer periods of time, and more severe
moves, where mean - reversion tends to take over.
Auctioneer Helena Newman led a brisk sale over the course of the evening, coordinating quick back and forth bids that kept prices rising and works
moving quickly, a performance that earned a number of
strong sales in the early lots, and kept
momentum high until the last lots of the sale, when enthusiasm seemed to peter out.
Price action and market
momentum are slowing, as bitcoin price typically does prior to a
strong directional
move... The one - day and three - day charts remain in bullish mode.»
The short - term
momentum indicators including
moving average convergence divergence (MACD) are demonstrating a
strong rally ahead.
Also, the gap between the
moving averages is widening to reflect
stronger bullish
momentum.
The daily trading volume of bitcoin across large cryptocurrency exchanges remain solid, and short - term
momentum indicators such as
moving average convergence divergence (MACD) demonstrates
strong short - term
momentum for bitcoin.
Other
momentum indicators such as
moving average convergence divergence (MACD) also show a neutral zone for bitcoin, and a lack of
momentum for a
strong short - term performance.
Given that
momentum indicators point toward a neutral zone for bitcoin and
moving averages indicate a
strong sell signal, it is likely that bitcoin could dip below the $ 7,000 mark once again before it continues its mid-term recovery.
The short - term
moving average also held as dynamic support on the latest pullback, and its gap with the 200 SMA is widening to reflect
stronger bullish
momentum.
Over the past 24 hours, the cryptocurrency market has sustained
strong momentum,
moving closer to the $ 400 billion region.
Short - term indicators such as the
Moving Average Convergence Divergence (MACD) demonstrate
strong short - term
momentum for bitcoin, and analysts such as Max Keiser and billionaire investor Mike Novogratz expect the bitcoin price to surpass $ 10,000 within this year.