Altcoins Price Analysis: ADA/USD and IOT/USD Bull Breakout Pattern

As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…

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Bitcoin (BTC) Price Watch: Reversal Pattern Confirmation on SEC Order

Bitcoin Price Key Highlights Bitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline. A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650. Technical indicators, however, are reflecting bullish exhaustion. Bitcoin price could be due for an…

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Bitcoin (BTC) Price Watch: Could This Be a Reversal Pattern?

Bitcoin Price Key Highlights Bitcoin price appears to be forming an inverse head and shoulders pattern on its 1-hour time frame. This is considered a classic reversal signal and if confirmed, price could pull up from its earlier drop. Technical indicators are also reflecting the presence of bullish momentum. Bitcoin price might be forming an…

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Ethereum (ETH) Price Analysis: Reversal Pattern Confirmation

Ethereum finally made an upside break above the double bottom reversal pattern previously highlighted. The chart pattern spans $400 to $500 so the resulting climb could be of the same height, possibly taking Ethereum to $600 next. However, the 100 SMA is still below the longer-term 200 SMA to suggest that the path of least…

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Bitcoin (BTC) Price Watch: Bullish Pattern Confirmation!

Bitcoin Price Key Highlights Bitcoin price finally broke above the neckline of its inverse head and shoulders pattern to signal that a rally is underway. The chart pattern is around $1,000 tall so the uptrend has room to go, but a pullback might take place. Technical indicators are showing mixed signals while sentiment favors more…

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The Altcoins Pattern – Will The History Repeat This Year?

Everyone is still waiting for the next altcoins bull run. At first, people thought the new altcoin season will start in March, then in April and we’re in May and it didn’t started yet. Will June be any different? Depends if the pattern will repeat. Is that possible that every June, during odd years, cryptocurrencies…

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