Tag: upside

Litecoin is eyeing an upside break above the $130 resistance against the US Dollar. LTC price is now trading above $120 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $121 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could...

The post Litecoin (LTC) Price Analysis: More Gains Possible Above $130 appeared first on Live Bitcoin News.

If you like Far Cry and Netflix’s Stranger Things, do I have some news for you. Far Cry 6 is going free for a weekend to celebrate the release of its Stranger Things collaboration. You can download and play the game for no cost starting today. It’ll last until March 27, and if you want to play more, Ubisift is currently running a sale on the game. It will be free to try, but you’re probably more curious how the Far Cry 6 x Stranger Things collab even works. The mission is called “The Vanishing,” and you can play it solo or in co-op. Free of your gear and your faithful pup, Chorizo, you make your way through a lab to try and close the gate to the Upside Down. You’re armed with a pistol and a knife, and have to use stealth while you hunt down better weapons. There’s a special shotgun in the mix that fires incendiary shells, for when stealth takes a back seat. Regular owners of Far Cry 6 also get the mission for free.   Stranger Things has...

Trading cryptocurrencies and turning your Bitcoins into money requires the ability to read crypto charts. For making good crypto trades you need to know Dow Theory and Japanese candlestick charts. Every historical price, volume, and time interval is available in cryptography. A chart is used to observe investment opportunities in a digital currency based on its past price movements. By reading cryptocurrency charts, investors can identify market trends and predict the future price movements of an asset. Cryptocurrency Chart Patterns Only a few chart patterns have stood the test of time. There is no “proven” chart pattern that works better than another, unlike less subjective analytical tools. Following are the chart patterns available. Price Channels  Create a series of highs and lows by creating two ascending or descending parallel lines. Prices tend to bounce between these levels of support (lower) and resistance (higher). While most traders buy lower and sell higher, breakouts and breakdowns can be influential. Ascending & Descending Triangle  One horizontal line connects highs or lows, and a second sloped line connects rising highs or falling lows. In a right triangle, the price tends to break out or break down from the horizontal line in the direction of the sloped line. Head & Shoulders  The Head and Shoulders chart pattern is characterized by a temporary high or low, followed by a big move higher or lower, followed by an equal move higher or lower. It looks like a head with two shoulders that are either upside down (bullish) or right-side-up (bearish). Triple & Double Top & Bottom  It is called a triple or double top and bottom chart pattern when the market bounces off the same resistance or support level two or three times in a row. Bullish signals are considered double bottoms, while bearish signals are considered double tops. Double and triple patterns both indicate that prices are about to reverse directions. Rising Wedge & Falling Wedge  The slopes of the upper and lower lines of rising and falling wedges are the same (although they still converge). Rising and falling wedges are reversal patterns unlike ascending and descending triangles. Rising wedges are bearish while falling wedges are bullish. Candlestick Chart In cryptocurrency candlestick charts, time is shown on the horizontal axis, while private data is shown on the vertical axis. It’s important to note that candlesticks show whether the price movement of a market was positive or negative, and to what degree. Candlesticks consist of a body and wicks. The body of each candlestick represents the opening and closing prices, while the top wick represents how high or low the price of a cryptocurrency was during that period. Candlesticks provide users with a great deal of information through their simple structure. Candlestick patterns, for example, can be used to identify potential trend reversals. The bullish and bearish candlestick patterns should be recognized by cryptocurrency traders. Technical Analysis Statistical analysis refers to the study of trends gathered over time to determine how supply and demand affect a particular asset’s future price. Crypto market charts can help investors make informed decisions by letting them know when bullish and bearish movements will end. Bulls, the buyers of an asset, push the price up through bullish movements. It is the downward price movement caused by sellers or the bears. By analyzing price trends and patterns on charts, traders can find trading opportunities. Although crypto charts help monitor market movements, there are some caveats. To better understand technical analysis, one must be aware of the Dow Theory. Here are some key ideas: At the time of pricing, the market considers everything. Existing, prior, and upcoming details have already been accounted for in current asset prices. The crypto market is impacted by a number of variables, including current, past, and future demands and any regulations that may impact the market. Prices do not move at random. Most people follow trends, whether they are long-term or short-term. Analysts focus on the price of a coin rather than every single variable that influences its value.   Dow Theory rests on six fundamental tenets: Markets move in three directions A market’s primary movement is called its primary movement. Market trends can last anywhere from a year to several years. They can be bullish or bearish. Medium swings refer to the second or intermediate movement of a market. A medium time frame is between ten days and three months. A medium swing is based on the primary price change.  A short swing is a minor movement of the market. It is short-term speculation. Market trends have three phases During the accumulation phase, investors buy and sell the coin against the general perception of the market. In the public participation phase, also known as the absorption phase, the rest of the market follows knowledgeable investors. After the absorption … Continued

The post How to Read the Crypto Chart? appeared first on Cryptoknowmics-Crypto News and Media Platform.

XRP price continues to slide steadily north following the $0.84 value area. Buyers are attempting to establish a demand zone near $0.80. Investors anticipate a reliable support area that can be a Launchpad for a bullish breakout. XRP price consolidates gains with limited price action. A positive breakout above the 200-EMA would bring $0.1 into

The post Ripple Price Prediction: XRP Price Trades Near 200-EMA At $0.85, Is $0.1 in play? appeared first on CoinGape.

Mysteries and action will turn your world upside down this weekend in Free Play Days. Lost Judgment, Before We Leave, and Far Cry 6 are all available this weekend for Xbox Live Gold and Xbox Game Pass Ultimate members to play from Thursday, March 24 at 12:01 a.m. PST until Sunday, March 27 at 11:59 […]

Executives say the merger will make the new company the “largest cannabis company by revenue, and the number one wholesaler of branded cannabis products.”

The post Cresco Labs Acquires Columbia Care in Bid To Become ‘The Leader in Cannabis’ appeared first on High Times.

Our free forex signals service trade today is a buy order on the gold. The metal is looking for an upside after bouncing from the support. The gold price slipped lower after reaching $1,948.68. The metal is trading at a $1,943.07 level. It seems determined to resume its rebound. Gold has tested the immediate support … Continued

The post Free Forex Signals and Forecast: Buy Gold – 24 Mar 2022 appeared first on Forex Crunch.

GameStop added Loopring to its list of key partners as a layer-2 solution to the upcoming launch of a GameStop NFT platform. The layer-2 decentralized protocol built on Ethereum blockchain, Loopring (LRC) has just announced the beta launch of GameStop’s NFT marketplace in collaboration with…GameStop. GameStop and Loopring Come Together for NFTs The GameStop NFT [...]

The post Loopring Joins Up To Launch GameStop’s NFT Marketplace appeared first on Blockonomi.

A series of technical indicators appear to be flipping bullish for Ethereum (ETH), according to Real Vision CEO and global economic expert Raoul Pal. Pal says he’s identified a chart pattern that suggests ETH is on the cusp of cementing a bottom and beginning a sustainable uptrend. According to Pal, Ethereum is demonstrating an inverted head […]

The post Macro Guru Raoul Pal Updates Ethereum Outlook, Predicts Top Altcoin Will Outperform Crypto King Bitcoin appeared first on The Daily Hodl.

The pair did see a bit of a dip towards 120.60 yesterday but has quickly recovered to be back above 121.00 in trading today. This is still one of the key charts in trading this week, as buyers are looking to solidify a breakout above the 120.00 handle. For now, any upside leg extension is slight

The latest bitcoin upwards price momentum seems to be coming from western buyers, but persistent Asian-hours selling pressure is tempering bullishness.

ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first.