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Type: Bullish BounceKey Levels:Resistance: 40857Pivot: 39079Support: 37505Preferred Case:On the H4, with the recent break of the descending channel and Ichimoku cloud to the bullish side, we have a bullish bias that price will rise to our 1st resistance at 40857 where the pullback resistance and 61.8% Fibonacci retracement is from our pivot at 39079 in […]
• GBPUSD falling inside impulse waves (iii),3 and (3)• Likely to fall to support level 1.2250 GBPUSD currency pair recently broke the key support level 1.2670 (low of wave (B) from the end of 2020). The breakout of the support level 1.2670 accelerated the active weekly downard impulse waves (iii),3 and (3). Sterling can be […]
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy continues to be […]
Stocks ended sharply lower Thursday, with the Nasdaq Composite COMP, -4.99% dropping 5% as major indexes more than wiped out gains seen the previous session in a relief rally that followed a widely anticipated Federal Reserve rate hike. Tech and other growth stocks were hardest hit as Treasury yields jumped, with the 10-year rate at […]
BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. 4417 Total views 31 Total shares Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin […]
Bloom Energy Corp. BE, -6.55% stock dropped more than 8% in the extended session Thursday after the clean-energy company reported a wider-than-expected first-quarter loss and revenue was below estimates. Bloom said it lost $78 million, or 44 cents a share, in the quarter, compared with $25 million, or 15 cents a share, in the year-ago […]