Day: June 13, 2022
Type: Bearish MomentumKey Levels:Resistance: 974.4Pivot: 952.7Support: 924.4Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 952.7 in line with the overlap resistance to the 1st support at 924.4 in line with the swing low support and 127.2% fibonacci extension .Alternative […]
Type: Bullish MomentumKey Levels:Resistance: 51788Pivot: 51240Support: 51035Preferred Case:On the H1, price has broken through the descending channel and is moving along the ascending trendline. Also, price is moving above the ichimoku indicator which supports our bullish bias that price will rise from our pivot at 51240 in line with the overlap resistance, 38.2% fibonacci retracement […]
On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020. According to BTC historical data, the market has now reached valuation metrics that show the price is severely oversold and perhaps near a bottom. […]
U.S. stocks closed sharply lower Monday, with the S&P 500 entering a bear market, amid heightened fears over high inflation ahead of the Federal Reserve’s two-day policy meeting that kicks off Tuesday. The Dow Jones Industrial Average DJIA, -2.79% tumbled almost 900 points to close 2.8% lower, while the S&P 500 SPX, -3.88% dropped 3.9% […]
The 2021 annual report (available in French – Dutch only) of the Belgian Audit Oversight Board (BAOB) is now available on its website. Source: FSMA
Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline. 75% drop in Bitcoin mining profitability The profitability of many Application Specific Integrated Circuit (ASIC) machines has dropped into the negative zone after Bitcoin’s fall below $24,000 this June 13, data fetched by F2Pool shows. Those […]
Shares of Boeing Co. BA, -9.21% took a 9.3% dive in afternoon, to pace the 28 of 30 Dow Jones Industrial Average DJIA, -2.89% components that were losing ground. The aerospace and defense giant’s stock’s price decline of $11.77 was shaving about 78 points off the Dow’s price, while the Dow dropped 754 points, or […]
The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability. Source: Cointelegraph
There are 148 stocks in the S&P 500 SPX, -2.84% that have hit fresh 52-week lows as of midday trading Monday, or 29.4% of the benchmark large-capitalization company tracker’s components. That percentage is higher than for the S&P Mid Cap 400, of which 96 stocks, or 24.0% of its components hit 52-week lows; and for […]
The Financial and Consumer Services Commission (FCNB) is reminding those making large consumer purchases to avoid feeling pressured into signing financing contracts they haven’t had the time to review or understand. “Increased inflation has led to rising prices for day-to-day products, such as food, gas and household goods,” said Alaina Nicholson, FCNB’s director of consumer […]
