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Type: Bearish Drop Key Levels:Resistance: 2036.4Pivot: 1952.5Intermediate Support: 1920.4Support: 1841.8 Preferred Case:With the price moving above the ascending trendline and above ichimoku cloud, we have a bullish bias that the price may rise to the pivot at 141.950, which is in line with the 161.8% fibonacci projection and swing high to the 1st resistance at […]
Type: Bullish Rise Key Levels:Resistance: 0.0074025 Pivot: 0.0073045 Support: 0.0072360 Preferred Case:With the price moving within the descending trendline and crossing below the MA, we have a bearish bias that the price may drop to the pivot at 0.0073045, where the previous swing low is. If the pivot is broken, we can expect the price […]
Cathie Wood’s flagship ARK Innovation ETF ARKK, -6.21% has taken a steep drop in midday trading as the technology sector sinks following Fed Chair Jerome Powell’s speech Friday morning at the Jackson Hole economic symposium in Wyoming. Shares of the ARK Innovation ETF were down 5.2% around midday Friday, according to FactSet data, at last […]
Cryptocurrency prices retreated on Friday, following stocks lower as hawkish comments from Federal Reserve Chairman Jerome Powell spurred a broad-based selloff in risk assets. Bitcoin BTCUSD, -4.42% was down 3.7% to $20,821 in recent trade, while Ethereum’s Ether token ETHUSD, -8.83% was down 5.9% at $1,600. Other popular cryptocurrencies, including Cardano ADAUSD, -6.26%, and Solana […]
The Nasdaq Composite COMP, -3.33% is on track for its biggest daily decline in two months as Wall Street’s selloff accelerates, sending the CBOE Volatility Index back above 23. The VIX VIX, +12.99%, better known as Wall Street’s “fear gauge”, was recently up 7.3% to 23.36. The gauge, which is based on moves in near-term […]
Pierre Rochard said that Bitcoin is the best digital money network and everything else is worse. 1685 Total views 42 Total shares Cointelegraph’s Joseph Hall interviewed Bitcoin (BTC) advocates Pierre and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast, at the Surfin’ Bitcoin 2022 event held in France. The group talked about how […]