Tag

Technical Analysis

All articles tagged with #technical analysis

business21 days ago•10 min saved

Bearish technicals cement $45k Bitcoin target, warns strategist

Bitcoin faces renewed downside pressure as Michael Purves of Tallbacken Capital Advisors doubles down on a $45,000 target after fresh bearish signals: a sequence of MACD sell signals and the completion of a head-and-shoulders pattern with a neckline near $76,000, a break beneath which could trigger forced deleveraging. The $76k neckline also aligns with the strategy’s average cost of acquisition, underscoring the risk of further downside as the crypto slides to its weakest levels in months.

via Sherwood News|

#bitcoin #business #cryptocurrency

markets21 days ago•25 min saved

Bitcoin Nudges Lower as Momentum Fades Below Key Support

Bitcoin trades around the mid-$70k zone as momentum weakens; analysts warn that breaking below the crucial $74,000 support could unleash a deeper pullback (possibly toward the $60k–$70k range), with any relief likely only if prices reclaim around $80,000, as macro uncertainty and leveraged positioning continue to weigh on the market.

via Decrypt|

#bitcoin #cryptocurrency #macro-risk

markets1 month ago•4 min saved

Silver Eyes Breakout Beyond $110 as Uptrend Remains Intact

Silver remains in a bullish uptrend, trading near $107.50 as it tests the $109.50–$110 resistance. A sustained break above $110 could open the path to $113.50 and toward the upper channel around $118.40, with key support at $103.30 and the lower bounds near $97.80–$98. If prices slip below $104.90, deeper consolidation toward $102.20 or $99.90 could occur, though the overall trend stays constructive unless $97.80 gives way, supported by a weaker dollar, easing real yields, and geopolitical uncertainty.

via FXLeaders|

#markets #precious-metals #price-forecast

business1 month ago•0 min saved

Industrial stock climbs to fresh 52-week high, signaling overbought setup

An industrial stock rose to a fresh 52-week high and now appears overbought, suggesting traders should be cautious for a potential near-term pullback or momentum shift.

via CNBC|

#52-week-high #business #industrial-stocks

business3 months ago•2 min saved

Bitcoin Falls Below $100,000 Amid Market Turmoil

Bitcoin dropped below $100,000, triggering extreme fear among traders and leading to significant liquidations, with technical and macroeconomic factors contributing to the decline. Despite the volatility, some analysts remain optimistic about a long-term recovery, citing strong fundamentals and future rate cuts.

via Sherwood News|

#bitcoin #business #cryptocurrency

virtual-currencies3 months ago•1 min saved

Bitcoin's October Decline Sparks Uncertainty for November

Bitcoin has fallen below its 200-day moving average at $109,800, signaling potential further downside to around $94,200, but its long-term momentum remains positive with a possible target of $134,500 if the trend continues.

via MarketWatch|

#bitcoin #cryptocurrency #long-term-trend

cryptocurrency5 months ago•3 min saved

XRP's Volatility and Investment Outlook in October

XRP's price holds above key levels in September, with potential for a 30% rally if it breaks above $2.81, but October has historically been a challenging month for XRP. The upcoming ETF decisions and historical seasonal trends suggest possible bullish movements in Q4, especially if key resistance levels are surpassed. However, caution is advised due to historical October struggles and potential short-term supply walls.

via Cointelegraph|

#cryptocurrency #etf #october

cryptocurrency5 months ago•2 min saved

Dogecoin Faces Critical Levels Amid Market Volatility

Dogecoin experienced a sharp decline from $0.27 to $0.25 amid record trading volumes, with technical patterns suggesting a potential breakout above $0.28–$0.30 if buying resumes. Traders are watching support at $0.25 and resistance at $0.27, amid broader market uncertainties and institutional activity.

via CoinDesk|

#cryptocurrency #doge #dogecoin

cryptocurrency5 months ago•2 min saved

Dogecoin Surges to 7-Month High Amid ETF Hype and 40% Weekly Gain

Dogecoin has broken out of a multimonth symmetrical triangle, with a 40% weekly gain and tripled trading volumes, signaling strong bullish momentum. The breakout target is around $0.60, representing a potential 95% increase, supported by technical patterns and on-chain metrics suggesting further growth in the coming weeks. However, support levels at $0.227 and $0.215 are crucial to maintain the bullish setup, and current market conditions indicate room for additional gains.

via Cointelegraph|

#bullish-momentum #cryptocurrency #doge

business5 months ago•2 min saved

UnitedHealth Stock Rises Amid Strong Medicare Plan Performance

UnitedHealth Group's stock is showing bullish technical signals, including a breakout above $315 and a potential move to $380, indicating a possible upward trend. Peer healthcare stocks like Cigna and Humana are also displaying positive patterns, with Cigna approaching a breakout above $308 and Humana experiencing a trend reversal with a seven-week winning streak, suggesting continued strength in the healthcare sector.

via Barron's|

#business #cigna #healthcare-stocks

business6 months ago•3 min saved

Palantir Stock Continues Decline Amid Tech Sector Weakness

Palantir's stock and the broader software sector are experiencing significant declines, with technical breakdowns suggesting further downside potential. The iShares Expanded Tech-Software Sector ETF and key stocks like Palantir and Intuit are showing signs of weakness, though some infrastructure stocks like Synopsis demonstrate resilience. Investors are advised to play defense until the technical picture improves.

via Barron's|

#business #etf #market-decline

markets7 months ago•5 min saved

Small-Cap Stocks Near Key 'Golden Cross' Signal Amid Outperformance

Small-cap stocks are approaching their first 'golden cross' in 18 months, a bullish technical indicator that historically precedes gains, amid a broader market rally that favors cyclicals and small caps over megacap tech stocks. However, underlying fundamentals remain uncertain, with experts cautioning that the rally may be temporary due to economic headwinds and high interest rates.

via MarketWatch|

#cyclical-stocks #golden-cross #market-rally

cryptocurrency7 months ago•3 min saved

XRP Price Outlook: Bullish Trends and Key Resistance Levels to Watch

XRP has recently hit multiyear highs of $3.66, with technical indicators suggesting a potential explosive move towards $7-$20 if key resistances are broken, supported by bullish signals in XRP dominance, XRP/BTC, and chart patterns like the bull pennant. Analysts believe a significant upward trend is still ahead, possibly reaching $20 by the end of the current cycle.

via Cointelegraph|

#bullish-signals #cryptocurrency #market-dominance

cryptocurrency7 months ago•2 min saved

XRP Surge: Experts Predict Up to 60% Gain and New Highs

A veteran trader predicts a potential 60% increase in XRP's price to $4.47, citing a rare technical setup, record whale holdings, and positive onchain sentiment, suggesting XRP is poised for a major breakout.

via Cointelegraph|

#cryptocurrency #onchain-sentiment #price-rally

technology7 months ago•2 min saved

Solana's Price Outlook: Potential Surge to $185 or $500 in the Next Five Years

Solana is showing bullish signs with a cup and handle pattern, trendline support, and supportive market conditions, suggesting it could potentially rally to $185 or even $220 if key resistance levels are broken and buying momentum continues.

via AMBCrypto|

#bullish-breakout #cryptocurrency #sol