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Type: Bearish ReversalKey Levels:Resistance: 14929Pivot: 14608Support: 13837Preferred Case:On the H4, with price moving into a bearish pressure area, we have a bearish bias that price will drop from the pivot at 14608 in line with the multiple swing highs to the 1st support at 13837 in line with the 78.6% fibonacci projection, 78.6% fibonacci retracement […]
Type: Bearish ReversalKey Levels:Resistance: 0.65658Pivot: 0.64704Support: 0.62937Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 0.64704 in line with the 100% fibonacci projection and overlap resistance to the 1st support at 0.62937 in line with the 78.6% fibonacci retracement.Alternative Scenario:Alternatively, […]
“Most cryptocurrencies go to the SEC […] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said U.S. Senator Kirsten Gillibrand. 1984 Total views 32 Total shares United States Senators Kirsten Gillibrand and Cyntia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation, but they confirmed that Bitcoin […]
Shares of Phoenix Motor Inc. PEV, -45.87% plunged out of the gate Wednesday, as the maker of electric drive systems and electric vehicle’s stock opened 13.3% below the initial public offering price and continued to trade lower. The company’s downsized IPO priced overnight at $7.50, at the lower end of the expected range of between […]
The honeymoon period for the Optimism layer-2 scaling solution has been cut short, as an exploit in its market maker’s smart contract led to the loss of 20 million OP tokens. The exploit took place on May 26 but has only just been reported to the community. One million tokens valued at about $1.3 million […]
Shares of Caterpillar Inc. CAT, +1.19% rose 1.2% in morning trading Wednesday, to pace the Dow Jones Industrial Average’s DJIA, -0.81% gainers, after the maker of construction and mining equipment raised its quarterly dividend by 8.1%. The company said the new dividend of $1.20 a share, up from $1.11 a share, will be payable on […]