Published by
Benzinga
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) pumped higher during Friday’s 24-hour trading session, attempting to break up from an inside bar pattern, while the SPDR S&P 500 consolidated flat. Like Bitcoin and Ethereum, Dogecoin (CRYPTO: DOGE) broke up from its inside bar pattern and was showing comparative strength, holding well above the top of Wednesday’s range. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend. An inside bar pattern has more validity on larger time frames (four-hour charts or l…
