- Bitcoin Insider
- Archive
- Page 2
Archive
BITCOIN out of the WOODS?| Key Channel Resistance to Monitor
From a trading perspective, this region is a clear resistance level where professional traders typically look for short positions or profit-taking opportunities. Given the slow volume grind to the upside, there is no strong indication that price has the momentum to break out impulsively.
Bitcoin Liquidity Swept, Bearish Retest for Lower?
The notable Swing Failure pattern wiped out the resting liquidity around the channel high; this was followed by a strong bearish move, confirming a swing failure pattern. This type of liquidity-generating pattern tends to have follow-through in the opposite direction.
XRP PENNANT?, False Break then DUMP?, Volume Profiles and Key Levels
Consolidating lower term time-frame price action is evident on XRPUSDT after a strong bearish expansion. The local daily support at $2.32 is key to hold for a bullish expansion out of the current price action pennant.
SOLANA Key Levels, Another DUMP Incoming? - Short Trade Setup
The .618 Fibonacci and the Daily S/R Resistance confluence is a strong duo for price action to break above. The current volume is noticeably low, a test of this region has a probability of price action resulting in a wick.