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Bitcoin Nov. 18 daily chart alert - Bulls stabilize the market

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Cryptocurrencies Bitcoin Nov. 18 daily chart alert - Bulls stabilize the market

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However, the bulls have stabilized prices to prevent a bearish downside price “breakout” from the pattern. Bulls have now gained a slight bit of strength late this week, but the bears still have the overall near-term technical advantage. Stay tuned!

 

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Bitcoin Nov. 17 daily chart alert - Bearish pennant pattern still looms(Kitco News) - Bitcoin-U.S. dollar prices are again weaker in early U.S. trading Thursday. Recent price action has formed a bearish pennant pattern on the daily bar chart, which suggests a downside “breakout” from that pattern soon.
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