Category: Reversal

  • Stop Hunting Or Trend Reversal?

    This article is also available in Spanish. Bitcoin (BTC) saw a sharp decline below $90,000 yesterday, raising concerns about its near-term stability. However, the cryptocurrency has since rebounded, trading back above $96,000 at the time of writing. This rapid recovery has caught the attention of market analysts studying the situation…

  • Bitcoin Sentiment Plummets To Neutral: Reversal Signal?

    Data shows that Bitcoin’s Fear and Greed Index has dropped to a neutral level recently. Here’s what this could mean for the cryptocurrency’s price. Bitcoin’s Fear and Greed Index Now Points to ‘Neutral’ “Fear and Greed Index” refers to an indicator created by substitute This tells us about the average…

  • Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025

    This article is also available in Spanish. As the cryptocurrency market prepares to close out the year,… Ethereum price It is showing strength against Bitcoin (BTC) as it aims for a medium time frame reversal. A break above a critical resistance level could signal a potential shift in price action,…

  • Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal

    This article is also available in Spanish. Analysts from market information company CryptoQuant Note Current patterns in Bitcoin (BTC) metrics indicate potential changes in market dynamics. Bitcoin price experiences short-term fluctuations After a period of steady decline, spot exchange reserves saw a notable rise, reflecting an inflow of 20,000 BTC.…

  • Bitcoin Coinbase Premium Turns Green: Price Reversal Here?

    Data indicates that the Bitcoin Coinbase Premium Index has just seen a sharp spike into positive territory, a potentially bullish sign for the BTC price. The Bitcoin Coinbase Premium Index has been rising recently like Analyst at CryptoQuant Quicktake Another explainedThe Bitcoin Coinbase Premium Index saw a rise despite the…

  • Bonk Downward Drift To $0.00002635, Can Bulls Ignite A Trend Reversal?

    This article is also available in Spanish. Bonk It saw a pullback, sliding towards the crucial $0.00002635 price mark as bearish forces took control. This level may be the last stop for the bulls to regain momentum and prevent a deeper correction. With the market Feelings Hanging in the balance,…

  • Chart Art: Gold (XAU/USD) Potential Reversal Looming?

    Can gold prices rise from here? I see some signs of bullish exhaustion on the 4-hour time frame and a possible reversal chart pattern as well! Check these inflection points to gauge if the trend is still likely to continue: Gold (XAU/USD) 4-Hour Frame Chart by TradingView It seems that…

  • 100% Uptick For Shiba Inu? Experts Eye Reversal As Catalyst

    This article is also available in Spanish. Shiba Inu (SHIB) price is now around $0.00001783, just below a major resistance area which means the market is in a good mood. Market analysts are ready to watch another potential surge in the meme space. Related reading Cryptocurrency influencer DaVinci Jeremy noted…

  • This was the early tell in the recession reversal trade

    Economic forecasting is not easy. At various points over the past two years, it looked like the United States was slowing down dramatically. At the beginning of 2023, the consensus forecast was the looming call of a recession. This year, with the deterioration of some economic indicators, those calls returned.…

  • Chart Art: EUR/JPY Reversal Pattern Forming

    Has the EUR/JPY reached the end of its trend? Check out the reversal chart pattern forming on the pair’s 4-hour time frame as the price approaches a test of the neckline! EUR/JPY for 4 hours Chart by TradingView Improving risk appetite and a softer BoJ announcement last week helped lift…

  • Chart Art: Can USD/CHF Go for a Reversal Soon?

    This USD pair has been trading sideways recently but also appears to be forming a short-term reversal pattern. So, will the USD/CHF pair remain stuck in consolidation or could it head towards the upside soon? You better keep this neckline resistance level on your radar! USD/CHF currency pair over 4…

  • Chart Art: Trend Reversal Due for Silver (XAG/USD)?

    Are my eyes deceiving me or is this a reversal pattern forming on the 4-hour time frame of silver? I see what appears to be a complex double bottom or what could be an inverted head and shoulders formation. Anyway, check out this resistance area being tested! Silver (XAG/USD) 4…

  • Chart Art: GBP/CAD Reversal Pattern Forming

    The GBP/USD pair appears to be struggling to maintain its recent trend, and a pattern is forming on the chart that indicates a possible reversal. The GBP/CAD pair made several failed attempts to break the minor psychological level of 1.7850 and is now testing the double neckline support around 1.7700.…

  • Avalanche (AVAX) Ready To Target $28: Investors Expect A Reversal

    This article is also available in Spanish. Avalanche (AVAX) is gaining bullish momentum after days of market uncertainty and fear. After a sharp decline, Avalanche shares have risen more than 18% since hitting a low of $20.5 on September 6, and are now showing signs of strength as they approach…

  • Chart Art: Is AUD/USD Ready for a Bearish Reversal?

    The AUD/USD pair is struggling to reach its 2024 highs. Does this mean Australian traders are ready for a bearish reversal? We take a closer look at the 4-hour time frame! AUD/USD currency pair on 4-hour chart Chart by TradingView The US dollar lost some ground against its major peers…

  • Chart Art: Potential Reversal on S&P 500 Index (SP500)?

    US stocks appear to have run out of steam on their rally, and this stock index appears to be poised for a major reversal. Has the uptrend finally reached its peak? Find these turning points on the daily time frame! S&P 500 (SP500) Daily Chart by TradingView In case you…

  • Chart Art: Potential Reversal on S&P 500 Index (SP500)?

    US stocks appear to have run out of steam on their rally, and this stock index appears to be poised for a major reversal. Has the uptrend finally reached its peak? Find these turning points on the daily time frame! S&P 500 (SP500) Daily Chart by TradingView In case you…

  • TA of the Day: Gold Surges to New Highs! Is a Reversal in Sight?

    Gold diggers – literally and figuratively – should be in high spirits right now! ? Gold continues to hit new record highs, rising above $2,500, driven by a weaker US dollar and expectations of a Federal Reserve rate cut in September. With its reputation as a stable investment during turbulent…

  • TA of the Day: Is EUR/USD’s Steep Ascent Setting Up for a Reversal?

    The US dollar is falling sharply, causing the EUR/USD pair to rise. The dollar’s weakness has fueled dovish comments from Fed officials, especially on the gradual approach to interest rate cuts. This sentiment is supported by recent US economic data (covered in our weekly summary) which points to a decline…

  • Litecoin Comeback: Bullish Reversal Sets The Stage For $76.85 Target

    Litecoin (LTC) is making a strong comeback with a bullish reversal, paving the way for a potential move towards the $76.85 target. After bouncing off a critical support level, Litecoin has regained its bullish momentum, indicating renewed optimism among market traders. Key technical indicators are now pointing to further gains,…