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Type: Bearish DipKey Levels:Resistance: 154’10Pivot: 153’15Support: 151’08Preferred Case:Price is near pivot level of 153’15 in line with 38.2% Fibonacci retracement. Price can potentially dip to the take profit level of 151’08 in line with 127.2% Fibonacci projection and 78.6% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator as it is near resistance […]
Type: Bearish ReversalKey Levels:Resistance: 1963.4Pivot: 1943.9Support: 1912.2Preferred Case:Prices have consolidated in a parallel channel . We see the potential for a short pullback from our Pivot at 1943.9 in line with 78.6% Fibonacci extension towards our 1st support at 1912.2 in line with 61.8% Fibonacci Retracement . Our bearish bias is further supported RSI being […]
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant’s CEO. 4761 Total views 56 Total shares As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative […]
Shares of Marqeta Inc. MQ, +11.82% were surging 7% in aftermarket trading Thursday after Square-parent Block Inc. SQ, +7.07% shared new metrics on adoption of its Cash Card in conjunction with its earnings report. Card-issuing company Marqeta powers Block’s Cash Card, which enables users of the Cash App mobile wallet to spend their funds. Block […]
Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit a low of $34,333 in the early trading hours […]
Carvana Co. CVNA, +10.91% stock fell nearly 6% in the extended session Thursday after the online used-car retailer posted a wider-than-expected quarterly loss and said that high used-car prices are causing potential buyers to give up or delay buying a vehicle. Carvana said it lost $182 million, or $1.02 a share, in the fourth quarter, […]