Technical Analysis

On August 5th, Bitcoin’s price bounced back from the demand zone at $52,984.0, sparking a bullish reversal. The ensuing rally filled the fair value gap, an inefficiency left by the sharp price drop to the demand zone. However, this upward momentum hit a roadblock as a bearish order block halted further gains, triggering a reversal. […]

Ethereum bulls have been in a tug-of-war with sellers as they attempted to maintain control over the market. Initially, the demand zone at $2814.0 served as a critical support level, holding up during multiple tests in April and June. Each retest revealed increasing pressure, leaving the zone vulnerable. In August, sellers took advantage of this […]

It has been demonstrated that an upward-rising force put up by bulls against bears toward the end of August in the exchange of Helium One Global Ltd. (LSE:HE1) has been exhausted around the barriers of 2, as the financial situation currently shows that the price suffers a draw-down, attempting more lows if purchasers won’t hold […]

Following a correction that occurred in the market activities of Plexus Holdings Plc (LSE:POS) during early periods of the last month, bulls are now seeing trying to make efforts, given that the stock market is currently recouping and settling for a base formation at a zone above the support of 10. There has been a […]

Sequence to a steady pathway in the market lines of Blackbird Plc (LSE:BIRD) back to the downside; the procedural motion backing the declines has now been observed, making the stock valuation building on a baseline at a close above the underlying support of 4. It doesn’t seem that far-fetched for any of the indications that […]

Over a couple of months until the present, there have been a series of stylish draw-downs in the stock exchange of Supply@me Capital Plc (LSE:SYME), leading to a situation portending that the price is lacking rebounding signs. Alongside the larger moving average’s bearish trend, the capacity-losing approach has been gaining strength in shorting entry. Numerous […]

Bears efforts to elongate stances against bulls in the operations of Genedrive Plc (LSE:GDR) are yet to be over, as the stock market is found retracing, tending to fine-tune a base formation around the spot of 2. The signal that appears on the candlestick as it is being created shows that the bulls have not […]

BTCUSD has been fluctuating within a broad consolidation range, bounded by a supply zone at $69,293.0 and a demand zone at $52,984.0. This prolonged consolidation has been marked by multiple reversal patterns at the upper boundary. In April, a triple top pattern formed, signaling an impending decline. By July, a double-top pattern emerged, reinforcing bearish […]

Ethereum’s price action has recently experienced significant reversals, particularly at a key supply zone. The critical level of $2,814.0, which provided strong support for bullish reversals in late May and early July, has now become a pivotal resistance point. After forming three descending peaks, the price decisively broke through the demand level on August 3rd. […]

It has been slowly and steadily demonstrated that buyers are yet not having firmer stances against sellers in the market operations of Quantum Blockchain Technologies Plc (LSE:QBT), given that the stock is currently lowering, finding a base pattern in the proceedings. The systemic characteristics of lower lows have been established throughout the course of sessions […]