Tag: moving averages

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Bitcoin Breaks Above Consolidation; Resistance Factors Tested

Consolidation Breakout: Bitcoin fell from 523 last week to a low of 470 this week. After consolidating between 470 and 490 for a few sessions,...

Litecoin Awaiting Breakout from Consolidation

Litecoin fell from last week's high of 5.89 to 4.75, which is the low so far this week. The 1H chart shows a market...

Will Bitcoin Remain Bearish?

Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100,...