BTC Price Tech Analysis for 08/29/2016 – Support Turned Resistance
Bitcoin price is trending lower but is making a correction to an area of interest before resuming the selloff.
Bitcoin price is trending lower but is making a correction to an area of interest before resuming the selloff.
Bitcoin price could be due for more losses once it breaks below the double top neckline around $560.
Bitcoin price seems to be done with its climb, as sellers pushed for a break of the near-term channel support.
Bitcoin price could be due for a bounce off the channel support, with technical indicators reflecting the presence of buying ...
Bitcoin price could continue to drop after completing a correction to the area of interest at $580.
Bitcoin price could be in for a selloff now that it broke below the short-term channel support and is testing ...
Bitcoin price could be ready to test the bottom of the rising channel, which lines up with several inflection points.
Bitcoin price is settling inside a range but technical indicators seem to be hinting at an upside breakout.
Bitcoin price is currently testing the rising trend line visible on its 1-hour time frames and could be ready to ...
Bitcoin price could be ready to resume its slide after it tests the nearby resistance around $610-620.
Bitcoin price could retrace to the $600 area of interest before resuming its drop to the recent lows.
Bitcoin price is testing a long-term support area, with technical indicators hinting at a continuation of the climb.
Bitcoin price made a sharp breakdown from consolidation recently, signaling that a longer-term downtrend could take place.
Bitcoin price is hovering at the resistance of the short-term descending channel and could be in for a continuation or ...
Bitcoin price has formed a head and shoulders pattern on its short-term time frame and is currently testing the neckline.
Bitcoin price could be ready to resume its dive since technical signals are indicating that bearish pressure is in play.
Bitcoin price looks ready for a selloff but a quick correction from the breakdown might take place first, giving bears ...
Bitcoin price made a downside break from its ascending channel pattern, signaling that a reversal is about to take place.
Bitcoin price found support at the bottom of its ascending channel and looks prime for another test of resistance.
Bitcoin price could be due for a test of the channel support once more, with technical indicators confirming a potential ...
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