Tags : Triggers

Bitcoin

TD 9 Sell Triggers As Bulls Push Bitcoin Higher

Bitcoin price action has now spent a total of nine days in a short-term uptrend, capping off a bounce back to 2021 highs. The sequence of mostly green candles has now triggered and perfected a TD 9 sell setup on daily timeframes. However, the signal has repeatedly failed to yield results since the more dominant […]Read More

Bitcoin

Bitcoin Sell-Off Triggers Classic Bearish Reversal Pattern; $20K Next?

An overnight sell-off in the Bitcoin market Monday brought its prices down from an intraday high of $34,888 to as low as $31,435. The approx 10 percent decline occurred as traders’ anxieties mounted over a JPMorgan report that cast doubts over Bitcoin’s potential to retest $40,000. According to Nikolaos Panigirtzoglou, the lead strategist at JPMorgan […]Read More