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Bullish Pattern

All articles tagged with #bullish pattern

cryptocurrency1 year ago

Avalanche Eyes Top 10 Crypto Spot Amid Price Surge

Avalanche (AVAX) has shown signs of a potential breakout from a month-long price decline, with a bullish falling wedge pattern suggesting a possible 200% surge. The token's price recently increased by over 1%, and long-term holder confidence is rising. Technical indicators like MACD and RSI support the likelihood of a bull rally, which could push AVAX into the top 10 cryptocurrencies by market cap. However, bearish sentiment and other indicators like Chaikin Money Flow suggest caution.

via AMBCrypto News|
#avalanche#avax#bullish-pattern
cryptocurrency1 year ago

Cardano's Price Struggles Amid New Support Levels and Major Moves

Cardano (ADA) experienced a significant price drop in April, losing over 40% of its value. Despite ongoing bearish sentiment, a bullish falling wedge pattern on its daily chart suggests a potential recovery. On-chain metrics like the MVRV ratio and high transaction velocity also hint at a possible rally. However, the Relative Strength Index (RSI) remains a concern. For a full recovery, ADA needs to break above $0.467, with a target of reaching $0.5. Currently, ADA trades at $0.4609 with a market cap of over $16 billion.

via AMBCrypto News|
#ada#bullish-pattern#cardano
finance1 year ago

"Unveiling the Deceptive Bullish Pattern in Netflix Stock"

Netflix's stock is showing a bullish three-weeks-tight pattern with a 579.64 buy point, coinciding with its 52-week high, and rebounding in heavy volume after a recent drop. The company's fourth-quarter earnings showed significant growth, with earnings leaping from 12 cents to $2.11 and sales growing by 12%. Analysts forecast strong profit growth for Netflix in the coming years, and the stock holds high ratings for both its composite and earnings per share.

via Investor's Business Daily|
#bullish-pattern#earnings#finance
cryptocurrency2 years ago

Bitcoin Surges Past $25K in Broad Crypto Rally.

Bitcoin has broken through a major resistance level dating back to August 2022, reaching over $25,000 and setting its sights on the next technical hurdle above $28,000. The move has been attributed to Wall Street's tech-heavy Nasdaq index rising 2.6% on Thursday, confirming a bullish pattern on the daily chart. Markus Thielen, head of research and strategy at Matrixport, believes that Bitcoin now has the chance to climb to the next technical level.

via CoinDesk|
#bitcoin#bullish-pattern#cryptocurrency