Tag: triangle

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Bitcoin and Litecoin Staying Resilient

Bitcoin Reverses after Breakout Bitcoin started the week with a bearish breakout, falling below last week's low of 470, and thus opening up a bearish...

Litecoin Awaits Breakout from Fractal Triangles

Litecoin is forming a descending triangle above last week's inverted head and shoulders pattern. The 1H chart shows price holding support at 4.85, while...

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,...