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Type: Bearish Drop Key Levels:Resistance: 8.500Pivot: 8.125Support: 7.680 Preferred Case:On the H4, with the Stoch is below 20, and the price is above ascending trendline, as well as ischimoku cloud, we have a bullish bias that the price may rise from the pivot at 8.125, which is in line with the 78.6% fibonacci retracement to […]
Type: Bearish Drop Key Levels:Resistance: 3.4665Pivot: 3.4325Support: 3.3815 Preferred Case:On the H4, with the price is moving below ichimoku cloud and descending trendline, we have a bearish bias that the price may drop from the pivot at 3.4325, which is in line with the 61.8% fibonacci retracement and 78.6%$ fibonacci projection to the 1st support […]
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. 7509 Total views 51 Total shares Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No relief for BTC […]
EURUSD, “Euro vs US Dollar” After a mighty decline to 0.9955, the pair is consolidating around 0.9988. Today it may drop to the lower border of the range at 0.9955, and with a breakaway of this level downwards, a pathway to 0.9800 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair has formed […]
XAUUSD, “Gold vs US Dollar” At a pullback from the support level, gold has formed a reversal pattern Hammer. If the pair goes by the pattern, it may form an ascending impulse. The goal of growth is probably 1680.00. However, the quotes may fall to 1645.50 without correcting to the resistance level. NZDUSD, “New Zealand […]
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off. 1604 Total views 41 Total shares Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the […]