Latest Market News
Type:Bearish dropKey Levels:Resistance: 26900Pivot: 26110Support: 24830Preferred Case:on the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 26110 in line with the 100% fibonacci projection and overlap support to the 1st support at 24830 in line with the horizontal swing low.Alternative Scenario:alternatively, […]
Bitcoin’s (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls’ current hope depends on turning $20,000 to support, but derivatives metrics tell a completely different story as professional traders are still extremely skeptical. BTC-USD 12-hour price at Kraken. Source: TradingView It’s […]
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place. 755 Total views 4 Total shares Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on […]
If Solend is unable to take over the account, some believe that it could cause a meltdown, driving SOL’s price to zero. 8638 Total views 51 Total shares Solana-based decentralized finance (DeFi) lending protocol Solend has created another governance vote to invalidate the recently-approved proposal that gave Solend Labs “emergency powers” to access a whale’s […]
XAUUSD, “Gold vs US Dollar” At a pullback, gold has formed a Hammer reversal pattern. Going by the pattern, the pair got into an ascending impulse. The goal for further growth might be the resistance level at 1858.00. However, the shares might drop to 1830.50 without pulling back to the resistance level. NZDUSD, “New Zealand […]
EURUSD, “Euro vs US Dollar” The pair is forming a consolidation range around 1.0500. With an escape upwards, the correction might continue to 1.0620, followed by a decline to 1.0220. With an escape downwards, a pathway directly to 1.0220 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair is forming a consolidation range […]