Tag

Sell Signal

All articles tagged with #sell signal

Bitcoin Surges Past $70K Amid Bullish Signals and Market Volatility

Originally Published 1 year ago — by AMBCrypto News

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Source: AMBCrypto News

Bitcoin's price surged past $70k, sparking excitement and predictions of a rise to $87k. Despite a sell signal, BTC maintained its bullish momentum, supported by high buying pressure and positive market indicators. However, some metrics like the Chaikin Money Flow suggested potential bearish trends.

BofA's Hartnett Warns Stock Rally Nearing Sell Signal

Originally Published 1 year ago — by Bloomberg

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Source: Bloomberg

Bank of America strategist Michael Hartnett warns that the current global equity market rally is nearing a sell signal, with 71% of equity indexes trading above their 50- and 200-day moving averages. A reading above 88% would trigger a contrarian sell signal, indicating potential overheating.