Shiba Inu (SHIB) coin has witnessed steep correction for quite some time and now consolidating for a long time. On the hourly chart, as of now, SHIB is trading inside a double symmetrical triangle continuation which shows the distribution is finally over and a breakout can come anytime.
Also, the Rate of Change Indicator has crossed above zero indicating the trend may have finally ended and the rally may start soon. ...
Bitcoin looks great on the technical chart this week on both daily and weekly charts. We have tried to analyze on technical chart.
Bitcoin is on fire and it is following a classical phase of Accumulation, Rally, Peak and Repeat sequences since then it bottomed out in December 2018.
If you see the chart, no need to go into deeper detail, it’s quite self-explanatory. The following chart is on the daily time ...
As per crypto signal Since September 24, the upward move above the moving average has been interrupted as the altcoin declined. The crypto has fallen to the previous low at $25.52.Buyers are defending the current support as the altcoin resumes upward. However, if the bears break below the current support, the downtrend will resume.
Meanwhile, on September 21 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement ...