Page 39 - Support Levels News Today : Breaking News, Live Updates & Top Stories | Vimarsana

TA: Bitcoin Aims Strong Recovery, Here’s A Key Pattern For Short-term Bottom Reading Time: 2 mins read Bitcoin price is likely forming a double bottom pattern near the $42,150 zone against the US Dollar. BTC is showing positive signs and it could climb towards $47,000. Bitcoin is finding a strong buying interest above the $42,000 and $42,150 support levels. The price is still trading well below $47,000 and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $44,500 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

TA: Bitcoin Nosedives $10K, Here’s Why Recovery Could Face Hurdles Reading Time: 2 mins read Bitcoin price declined over $10,000 against the US Dollar after Elion Musk’s tweet. BTC is now correcting losses, but the previous support near $52,000 could act as a hurdle. Bitcoin started a major decline from well above $55,000 and it even traded close to $45,000 The price is now trading well below $55,000 and the 100 hourly simple moving average. There was a break below a key rising channel with support near $57,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is c...

TA: Bitcoin Fails Again, Here’s Why BTC Remains At Risk of More Losses Reading Time: 2 mins read Bitcoin price failed once again to clear the $60,000 resistance zone against the US Dollar. BTC is showing a few bearish signs, but the $52,500 support holds the key. Bitcoin failed to gain pace above $59,500 and it even struggled to test $60,000. The price is now trading near the $55,500 support and the 100 simple moving average (H4). There was a break below a key contracting triangle with support near $58,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is recover...

TA: Bitcoin Resumes Uptrend, Here’s Why BTC Could Rally Above $60K Reading Time: 2 mins read Bitcoin price remained well supported near the $56,000 support zone against the US Dollar. BTC is rising and it may soon break the key $60,000 resistance zone. Bitcoin found support above $56,000 and started a fresh increase. The price is now trading well above the $57,500 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $57,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate higher...

TA: Bitcoin Holds Key Support, Here’s What Could Trigger A Sharp Decline Reading Time: 2 mins read Bitcoin price failed to clear the $58,500 resistance against the US Dollar. BTC is correcting lower and it could decline heavily if there is a break below $55,500 Bitcoin struggled to clear the $58,500 resistance and started a fresh decline. The price is now trading below the $57,000 level and the 100 hourly simple moving average. There is a key rising channel forming with support near $56,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline heavily if th...