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Price Levels

All articles tagged with #price levels

Bitcoin Eyes New Highs Amid Market Volatility
cryptocurrency8 months ago

Bitcoin Eyes New Highs Amid Market Volatility

Bitcoin remains above $105K with potential for a surge to $130K-$135K in Q3 if it closes strongly above resistance levels like $108.8K, but high leverage and liquidity clusters could trigger volatility and reversals. Key support and resistance zones around $107.1K and $108.8K will be crucial in determining the next move, with a breakout possibly leading to new all-time highs or a correction back to $92K-$95K.

Bitcoin Surges Past $94K Amidst Market Optimism and Geopolitical Tensions
cryptocurrency1 year ago

Bitcoin Surges Past $94K Amidst Market Optimism and Geopolitical Tensions

Bitcoin has reached a new record high of over $94,000, driven by increased trading volumes and interest from institutional investors. The cryptocurrency's price is expected to continue rising, with a potential target of $154,000 based on technical analysis. Key support levels to watch are around $70,000 and $55,000, which could attract buying interest during any pullbacks. The recent surge is partly attributed to optimism surrounding the incoming Trump administration's potential policies and developments in the digital asset market.

Natural Gas Futures Face Bearish Signals and Resistance Amidst Weak Outlook
energy-markets2 years ago

Natural Gas Futures Face Bearish Signals and Resistance Amidst Weak Outlook

Natural gas continues to face downward pressure, reaching a new trend low of 2.65. However, a minor intraday bounce suggests the possibility of a narrow bullish hammer candlestick pattern, indicating short-term strength if there is a breakout above 2.75. Nevertheless, potential resistance lies around the 50-Day MA at 2.87 and the long-term uptrend line. If a bounce occurs, a bearish reversal is expected at these resistance levels. The next lower target is 2.62, completing a falling ABCD pattern and coinciding with the 200-Day MA. Further downside acceleration is possible, given the break below the 50-Day MA and uptrend line. On a monthly chart, a bearish flag has been triggered, with natural gas on track to close below last month's low.

Natural Gas Prices Rise on Colder Weather Forecasts and Bullish Trend Continuation
finance2 years ago

Natural Gas Prices Rise on Colder Weather Forecasts and Bullish Trend Continuation

Natural gas continues its upward momentum, breaking through resistance levels and reaching a high of 2.98. The close of today's trading session will provide clues about the near-term direction, with a strong close indicating a potential continuation of the bullish trend. If the breakout continues, the first target is the swing high of 3.02, followed by a possible completion of an extended ABCD pattern at 3.06. Further upside potential exists towards the 200-Day EMA at 3.18. The weekly chart suggests a slingshot type setup, with strong demand supporting the bullish reversal and the likelihood of sustained upward movement in natural gas prices.

Bitcoin's Price Plunge Continues: Experts Predict Next Moves
cryptocurrency2 years ago

Bitcoin's Price Plunge Continues: Experts Predict Next Moves

Bitcoin (BTC) struggled to regain lost ground on April 19, with traders calling for calm amid a healthy retracement. The cryptocurrency had shed $1,000 in minutes earlier in the day as over $200 million in long liquidations accompanied a return below $30,000. Market participants remained level-headed, arguing that important support levels were still present. Looking to upside potential, monitoring resource Material Indicators suggested that there was solid potential for a fiery reclaim of $30,000 and beyond if bulls were able to regain control.

Bitcoin's Price Volatility Continues Amid Economic Concerns and Analyst Predictions.
cryptocurrency2 years ago

Bitcoin's Price Volatility Continues Amid Economic Concerns and Analyst Predictions.

Bitcoin and other cryptocurrencies have fallen after surpassing key price levels in a major rally this year. Bitcoin has fallen 1.5% over the past 24 hours to below $29,950, tumbling through the critical $30,000 level, which it surpassed last week for the first time since June 2022. While catalysts lie ahead, it could take a while for the next big move.