Bitcoin technical analysis: BTC/USD heading for big bearish flag retest
Bitcoin price is trading in positive territory, up some 2.60% in the second half of the session.
BTC/USD price action is heading for a big retest of a breached flag structure.
There is a chunky barrier of resistance seen at $7500, in proximity to the lower of the noted flag.
Ethereum technical analysis: ETH/USD vulnerable to bear attack
Ethereum price is trading in the green, up 1.60% the session on Wednesday.
ETH/USD price action is moving within a bearish pennant structure via the daily.
ETH/USD is at risk of falling back down to the psychological $100 price mark.
Litecoin technical analysis: LTC/USD bearish flag structure subject to a breakout
Litecoin price is trading in the green, with gains of 2.25% the session on Wednesday.
LTC/USD is consolidating following the harsh selling through the month of November.
Price action is moving within a bearish flag structure, subject to a potential breakout south.
Image Sourced from Pixabay
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.