bearish breakout

Bitcoin (BTC) pushed back from May 25 support and avoided a bearish breakout. Now the price is trying to make a bullish breakout of the corrective pattern Despite the bullish breakout attempt, it is more likely that BTC will decline again to complete the correction and only then continue the uptr ...

If April was a " bull" month for the cryptocurrency market, then all of May was a "bear, confirming that the market is in correction While there is hope for a bullish reversal in June, bearish formations on these four cryptocurrencies warn that the worst may ...

The bitcoin (BTC) price made a bearish breakout from a long-term pattern on May 10. After it turned into resistance on May 23, the rate of decline accelerated sharply Although a rebound may occur in the short term, price dynamics and wave analysis of the daily chart indicate that BTC is still a l ...

May 11 bitcoin made a bearish breakout. Although the decline was halted and BTC rebounded, it was never able to recover above the breakout level If bitcoin (BTC) fails to recover anytime soon, the price decline could continue. Has the correction begun? As the results of technical analysis o ...

The Ethereum (ETH) price rebounded from a long-term resistance area and then made a bearish break of a short-term pattern. This could condition further declines in Ethereum, which could be either the final phase of a correction or the beginning of a new long-term downtrend. Ethereum: ...

The Sui Sui (SUI) on May 8 made a bearish break of the long-term horizontal area, but then it found ground beneath its feet and now it tries to take revenge The Sui project has been the focus of increased attention in the crypto market lately. Sui Network is a high-performance Layer1 blockchai ...

Bitcoin (BTC) has exhibited bearish momentum over the past few weeks, and now it could make a bearish breakout from a short-term pattern This breakout has the potential to trigger a sharp drop in BTC to levels it has not visited since early March. BTC: Resistance gets stronger ...

Polygon (MATIC) is trying to make a bearish breakout from its long-term price structure. This jeopardizes all the growth seen since the beginning of this year. The daily timeframe is also giving bearish signals. As a consequence, the MATIC course needs an urgent bullish reversal to neutralize the ...

The Arbitrum exchange rate (ARB) is at an important crossroads. The price risks falling below a significant support area, which could trigger a sharp drop The above-mentioned support is formed by the support line of the long- ...

While the meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) could not hold their gains, the token Pepe (PEPE) staged a spectacular rally. While other memcoins echoed the dynamics of bitcoin (BTC) last  weekend. The PEPE token, inspired by the Pepe the Frog meme, suddenly ranked 17th by daily tra ...

The exchange rate Ethereum (ETH) is trading in the middle of a long-term pattern. The further trend of the price depends on whether it makes a bounce or a bearish breakout The weekly and daily charts give mixed signals. This does not make it clear whether Ethereum (ETH) will be able to launch a r ...

Arbitrum (ARB) broke through the downward resistance line, but failed to develop growth. Now the token could make a bearish break of the long-term structure, which would trigger a sharp drop to $1.0. The token could now make ...

The Shiba Inu (SHIB) exchange rate maintains a long-term pattern, but the shorter-term price structure is threatened by a bearish breakout. The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 format token and one of the main rivals of Dogecoin. As the results of the tech ...

The Polygon (MATIC) rate has been losing ground since February and reached the support of a long-term pattern, which has been holding back the price since June 2022 A bearish break of the long-term bullish structure will be a negative signal for MATIC.  Will the price ...

Despite breaking through the resistance line, Shiba Inu (SHIB) failed to maintain this breakout and establish growth. Technical analysis of the weekly chart revealed that SHIB broke through the descending resistance line in January and reached a yearly high of $0.0000157 by the end of the month. ...

It appears that the relief rally for Shiba Inu (SHIB) may have come to an end and the coin is now in its final corrective wave, according to market analysis. A bearish breakout from the short-term channel would confirm this prediction and indicate a further decline in price. On February 4, SHIB r ...